NASDAQ - Page 11

NASDAQ, which stands for the National Association of Securities Dealers Automated Quotations, is an American stock exchange located in New York City. It is known for being one of the largest electronic stock exchanges in the world, facilitating the buying and selling of stocks and other securities. Established in 1971, NASDAQ operates as a dealer market, meaning that transactions are conducted through a network of dealers rather than a physical trading floor. It is distinguished by its focus on technology and growth-oriented companies, hosting many prominent tech firms. The exchange indexes, such as the NASDAQ Composite, track the performance of all stocks listed on the exchange, providing insights into market trends, particularly in the technology sector. NASDAQ has significant influence on the financial markets and serves as an important platform for capital raising and investment within the global economy.