A Brief Guide to NASDAQ
What You Need to Know
NASDAQ stands for National Association of Securities Dealers Automated Quotations. It is a US electronic stock exchange founded by the National Associated of Securities Dealers in 1971. When it was founded, it was the world's first electronic stock market and is now the top US electronic stock market as well as being one of the premier stock markets in the world today. Today, NASDAQ has grown to represent the top businesses in the nation such as Apple and Google.
NASDAQ offers multiple participants to trade through its ECN, or electronic communications network, in order to increase competition and spur stock sales. NASDAQ has introduced revolutionary methods to the world of the electronic stock market such as the Small Order Execution System which automatically processes and accounts for turbulent market conditions. Their intricate, well developed systems have led to an automated stock exchange service that promises both great stock sales as well as solid security.
Obviously, NASDAQ has much to offer potential investors. It's reputation for providing its clients with great return and security makes it one of the prime choices on the market today. It also is has incredible ingenuity, continuing to provide new methods of working within the market and therefore providing their customers with even more.
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Takeaways
- NASDAQ is the largest equity securities market in the US
- Over 3,000 companies are represented by NASDAQ
- NASDAQ means National Association of Securities Dealers Automated Quotations
Did You Know?
NASDAQ peaked at 5132.52 points right before the end of the dot-com boom
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