NASDAQ
NASDAQ is an acronym for the National Association of Securities Dealers Automated Quotations. It is a stock exchange that is based in the United States and is the second-largest exchange in the world by market capitalization. It is home to more than 3,000 companies, including the world’s largest technology companies such as Apple, Microsoft, and Amazon. NASDAQ is known for its high-tech stocks and is the primary market for trading technology stocks.
History of NASDAQ
NASDAQ was founded in 1971 as the world’s first electronic stock market. It was created to provide investors with a more efficient way to trade stocks. The NASDAQ was the first stock exchange to trade stocks electronically, and it quickly became the largest stock exchange in the United States. In the late 1990s, the NASDAQ was the first exchange to introduce trading in options and futures.
In 2000, the NASDAQ merged with the American Stock Exchange (AMEX) to form the NASDAQ-AMEX Market Group. This merger allowed the NASDAQ to become the largest stock exchange in the world. In 2006, the NASDAQ-AMEX Market Group was acquired by the NASDAQ OMX Group, which is now the parent company of the NASDAQ.
Comparison Table
| Exchange | Market Capitalization | Number of Companies |
|---|---|---|
| NASDAQ | $11.5 trillion | 3,000+ |
| New York Stock Exchange (NYSE) | $21.3 trillion | 2,400+ |
Summary
NASDAQ is the second-largest stock exchange in the world by market capitalization. It is home to more than 3,000 companies, including the world’s largest technology companies. NASDAQ was the first stock exchange to trade stocks electronically and is known for its high-tech stocks. For more information about NASDAQ, you can visit the official website at https://www.nasdaq.com/.
See Also
- NYSE
- Stock Exchange
- Market Capitalization
- Options Trading
- Futures Trading
- AMEX
- NASDAQ OMX Group
- Electronic Trading
- High-Tech Stocks
- Technology Stocks
