NASDAQ - Page 7
NASDAQ, short for the National Association of Securities Dealers Automated Quotations, is a global electronic marketplace for buying and selling securities, primarily stocks. Established in 1971, it was the first electronic stock market, allowing for the automated trading of shares, which enhances efficiency and accessibility for investors. NASDAQ is known for its high concentration of technology and internet-based companies, making it a significant platform for the growth of the tech sector. It operates under a dealer’s market structure, meaning that participants transact through dealers rather than directly with each other. The NASDAQ Composite, an index that includes all stocks listed on the exchange, is widely followed as an indicator of the performance of technology and growth-oriented companies in the equity market.
