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NASDAQ


NASDAQ

Created on February 5, 1971, NASDAQ was the world’s first electronic stock market. NASDAQ stands for National Association of Securities Dealers Automated Quotations System. NASDAQ is the second largest stock market in dollar volume in the United States behind the New York Stock Exchange. It is a completely electronic stock exchange, making its operation completely different than the New York or American Stock Exchange.

About NASDAQ

The stocks that are traded through NASDAQ are all traded via computers. The buyers and sellers of the stock are matched up electronically. NASDAQ was also the first stock market in the United States to advertise to the general public. Many of the world's largest technology companies appear on the NASDAQ, including Amazon, Apple, Cisco, eBay, Google, Intel, Microsoft, and Sun.

When viewing the performance of stocks on a stock ticker, you will see stocks traded on the NASDAQ using a four letter abbreviation, with only a few exceptions. The stocks that are traded on the New York Stock Exchange use a three, two, or one letter abbreviation. When viewing stock performances on a financial news TV channel or in a newspaper, you'll see NASDAQ and NYSE stocks listed side by side.

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