Nasdaq is an American stock exchange that lists thousands of stocks and other securities. It is the second-largest stock exchange in the world by market capitalization.
Nasdaq is a global electronic marketplace for buying and selling securities. It is the second-largest stock exchange in the world by market capitalization, behind only the New York Stock Exchange. Nasdaq is home to more than 3,000 companies, including some of the world’s most recognizable brands such as Apple, Microsoft, Amazon, and Facebook.
Nasdaq was founded in 1971 as the National Association of Securities Dealers Automated Quotations. It was created to provide a more efficient way to trade securities, as the traditional over-the-counter market was becoming increasingly inefficient. Nasdaq was the first electronic stock market, and it revolutionized the way stocks were traded.
Nasdaq operates as a dealer market, meaning that it does not match buyers and sellers directly. Instead, it acts as an intermediary between buyers and sellers, providing a platform for them to trade. Nasdaq also provides market makers, who are responsible for providing liquidity to the market by buying and selling securities.
Nasdaq is regulated by the U.S. Securities and Exchange Commission (SEC). It is also a member of the Financial Industry Regulatory Authority (FINRA), which is responsible for regulating the securities industry.
Nasdaq offers a variety of services to its members, including market data, trading tools, and market surveillance. It also provides a range of services to companies that are listed on the exchange, such as corporate governance, investor relations, and capital raising.
Nasdaq is an important part of the global financial system, and it plays a vital role in providing liquidity and transparency to the markets. It is a key driver of innovation in the financial markets, and it continues to be a leader in the development of new technologies and services.