The NASDAQ, short for National Association of Securities Dealers Automated Quotations, is a stock exchange based in New York City. It was founded in 1971 and is the second-largest stock exchange in the United States by market capitalization, behind the New York Stock Exchange (NYSE). It is known for its electronic trading platform and for listing technology companies such as Amazon, Facebook, and Tesla.
One of the main difference between NASDAQ and NYSE is that the NASDAQ operates as a dealer market while the NYSE is an auction market, what means that in the NASDAQ market, buyers and sellers negotiate trades directly with market makers, instead of via an auction, like in the NYSE.
The NASDAQ is home to many of the world’s leading technology and growth companies, including Apple, Microsoft, Intel, and Cisco Systems. It also provides trading in a wide range of other securities, including exchange-traded funds (ETFs), options, and bonds. Additionally, NASDAQ operates the NASDAQ Nordic and NASDAQ Baltic exchanges, providing trading in securities across Europe.
NASDAQ also operates other markets such as the Nasdaq Global Select Market, Nasdaq Global Market, and the Nasdaq Capital Market, which are segments of the NASDAQ Stock Market, with different listing and financial requirements, serving different types of companies.
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