Nasdaq

What does it mean?
Created in 1971, the Nasdaq was the world's first electronic stock market. The Nasdaq is a computerized system that facilitates trading and provides price quotations on some 5,000 of the more actively traded over-the-counter stocks.

In Other Words...
The term "Nasdaq" used to be capitalized "NASDAQ" as an acronym for National Association of Securities Dealers Automated Quotation. In recent times, the acronym was dropped, and Nasdaq is now used as a proper noun.

The Nasdaq is traditionally home to many high-tech stocks. The big ones include Microsoft, Intel, Dell, and Cisco.

Related Links
The Tale of Two Exchanges: NYSE and Nasdaq - Learn some of the important differences between the NYSE and the Nasdaq.

Getting to Know Stock Exchanges - Find out the answers to all the questions you had about stock exchanges but were afraid to ask!

Stock Basics Tutorial - If you're new to the stock market and want the basics, this is the tutorial for you!

Nasdaq.com - The official site for the Nasdaq.

Related Terms
AMEX | ECN | Market | NASD | Nasdaq-NM | NYSE | Over-The-Counter - OTC | SOES

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