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Nasdaq, also known as the National Association of Securities Dealers Automated Quotations, is a global electronic marketplace for buying and selling stocks, bonds, and other assets. After the New York Stock Exchange, it was established in 1971 as the first electronic stock exchange in the world and is currently the second-largest stock exchange by market capitalization (NYSE).
The Nasdaq exchange is renowned for its electronic trading platform, which lets investors transact directly in securities over a computer network. Orders are executed based on the best price that is available at the moment the order is received in the exchange's price-time priority mechanism.
The Nasdaq is noted for its high volatility and brisk trading environment, and it is home to numerous technology and growth companies. The Nasdaq Composite Index, which tracks the performance of over 3,000 companies listed on the market, including tech, biotech, and internet-based businesses, is also housed inside the exchange.
The Nasdaq Global Select Market, Nasdaq Global Market, and Nasdaq Capital Market are only a few of the various market tiers that the exchange offers, each with its own listing requirements and regulatory restrictions. Other markets run by the exchange include the Nasdaq Nordic, Nasdaq Baltic, and Nasdaq First North exchanges.
In addition to its operations as a stock exchange, Nasdaq provides a wide range of financial services to the companies that are listed on the exchange, such as trading technology, data analytics, and investor relations services.
Overall, Nasdaq is a significant player in the global financial markets, giving investors access to a wide range of securities and giving businesses a platform to obtain funds and expand their operations.
