NASDAQ

NASDAQ (originally an acronym for National Association of Securities Dealers Automated Quotations) is a U.S. electronic stock exchange. It was founded by the National Association of Securities Dealers (NASD) who divested it in a series of sales in 2000 and 2001. It is owned and operated by The Nasdaq Stock Market, Inc. which was listed on its own stock exchange in 2002. The current chief executive is Robert Greifeld.

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When it began trading on February 8, 1971, it was the world's first electronic stock market. NASDAQ is now the largest U.S. electronic stock market. With approximately 3,200 companies, it lists more companies and, on average, trades more shares per day than any other stock exchange in the world. It is home to companies that are leaders across all areas of business including technology, retail, communications, financial services, transportation, media and biotechnology. NASDAQ is the primary market for trading NASDAQ-listed stocks. For more information about NASDAQ, visit the NASDAQ Web site at http://www.nasdaq.com or the NASDAQ Newsroom at http://www.nasdaq.com/newsroom/.

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Stock exchange: A stock exchange is a corporation or mutual organization which provides the facilities for stock brokers to trade company stocks and other securities. Stock exchanges also provide facilities for the issue and redemption of securities], as well as other financial instruments and capital events includ...

National Association of Securities Dealers: The National Association of Securities Dealers, also known as the NASD, is the regulatory body primarily responsible for the regulation of persons involved in the securities industry in the United States. The U.S. Securities and Exchange Commission delegated this responsibility to the NASD. The NA...