NASDAQ
[nas-dak, naz-] 
dæk
| National Association of Securities Dealers Automated Quotations: a system for quoting over-the-counter securities. |
Based on the Random House Dictionary, © Random House, Inc. 2009.
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| Nasdaq (nāz'dāk') abbr. National Association of Securities Dealers Automated Quotation System |
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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NASDAQ (National Association of Securities Dealers Automated Quotation System)
An electronic stock market, where all trading takes place through NASDAQ's computer network rather than at a central trading location. Started in 1971, NASDAQ surpassed the New York Stock Exchange in annual share volume during the 1990s, mainly because of its popularity with investors of emerging high-tech companies. Microsoft®, for example, is listed on NASDAQ.
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Nasdaq
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.
Investopedia Commentary
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
Getting to Know Stock Exchanges
The Dirt On Delisting
Stock Basics Tutorial
See also: AMEX, ECN, Market, NASD, Nasdaq-NM, NYSE, Over-The-Counter - OTC, SOES
Also spelled: NASDAQNASDAQ
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Nasdaq
- The world's largest electronic stock market, with trades executed through a computer and telecommunications network connecting market makers, electronic communications networks, and order-entry firms. Nasdaq trading commenced in 1971, when the system was owned by the National Association of Securities Dealers. NASD members voted in 2000 to spin off Nasdaq into a shareholder-owned, for-profit company. Formerly called National Association of Securities Dealers Automated Quotation System.
Copyright © 2003. Published by Houghton Mifflin.
Cite This Source
| NASDAQ National Association of Securities Dealers Automated Quotation System |
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Copyright © 2009, Dictionary.com, LLC. All rights reserved.
