NASDAQ stock market facts

The NASDAQ stock market is an electronic exchange that trades stocks, bonds, options, futures contracts, and other securities. Nasdaq is a global electronic marketplace for buying and trading securities. Nasdaq is the world’s first electronic exchange.

Most of the world’s tech giants, including Apple and Facebook, are listed on the Nasdaq. This stock market was founded by the National Association of Securities Dealers (NASD) and started operations on February 8, 1971.

The company provides stock market data and information services to investors and traders

The NASDAQ stock exchange has been operating since 1971. In addition to its primary function as a stock exchange, NASDAQ also offers financial news, research, and educational programs.

In 2007, combined with the OMX exchange group from Scandinavia, making the Nasdaq OMX group, the largest exchange company worldwide, which handles 1 in 10 securities transactions in the world. The exchange has operations in 25 markets, one clearing house, and five central securities deposits in the US and Europe.

Who owns it?

NASDAQ is owned by more than 2,000 member firms located throughout the United States and Canada. These members consist of broker-dealers, market makers, specialists, and other participants who provide liquidity and execution services to investors.

Nasdaq (National Association of Securities Dealers Automated Quotations Stock Market) is a stock exchange based in New York City, United States. This stock exchange is in the second position in the list of stock exchanges by market capitalization, behind the New York Stock Exchange.

Where does it trade?

NASDAQ trades stocks listed on the NYSE and AMEX. Its trading floor is located at 100 F Street, N.W., Washington D.C. 20554. The NASDAQ consists of the NASDAQ National Market and the NASDAQ SmallCap Market.

Its main exchange is located in the United States, with branches in Canada and Japan. NASDAQ also has associations with stock exchanges in Hong Kong and Europe.

We must open an account in a foreign security operating service on the Nasdaq exchange. Opening an account at this overseas broker is enough to do it online and there is no need to face to face. Because this is an overseas broker, we must ensure its legality.

Some of the names of offshore brokers serving the Nasdaq market are:

  • Tiger Securities
  • GoTrade
  • Philips Securities
  • EToro

What is its symbol?

NASDAQ has no official symbol. However, it is often referred to as “the Big Board” because it is one of the largest stock exchanges in the world.

What is its ticker?

NASDAQ uses the ticker symbol “NDX”.

Nasdaq 100

The NASDAQ-100 is an index formed by the 100 largest companies listed on the NASDAQ stock exchange, which is the second largest in the world after the New York Stock Exchange by market capitalization. This index is a modified capitalization weight index.

The weights of companies in this index are based on their market capitalization, with certain rules that determine the effect of the largest component.

Some of the companies listed on the Nasdaq 100 are as follows:

  • Activision Blizzard (ATVI)
  • Adobe Systems Incorporated (ADBE)
  • Akamai Technologies, Inc. (AKAM)
  • Alexion Pharmaceuticals (ALXN)
  • Altera Corporation (ALTR)
  • Amazon.com, Inc. (AMZN)
  • Amgen Inc. (AMGN)
  • Apollo Group, Inc. (APOL)

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