NASDAQ [], originally an acronym for N'ational Association OF Securities Dealers Automated Q'uotations, is a stock exchange, which is operated by that national Association OF Securities Dealers and in the northwest corner of the Nast Buildings at Time the Square of Manhattan in New York is accommodated.

When the trade began on 8 February 1971, this was the first electronic stock exchange. Since 1999 it is the largest American stock exchange, in which half of the US-American corporations is listed. The NASDAQ consists of the NASDAQ national Market and the NASDAQ SmallCap Market. The seat of the main stock exchange is in the USA, with stock exchanges in Canada and Japan. Connections to the stock exchanges exist in Hong Kong and Europe.

The NASDAQ permits it to several market participants to participate in the trade by means of the electronics Communications network (ECNs). The trade to the NASDAQ is possible from 15.30 to 22 o'clock German time. The Small order Execution system (SOES) is imported another NASDAQ characteristic, 1984, in order to guarantee that even when high commercial arising an order execution is ensured. On 17 July 1995 the NASDAQ share index closed for the first time also over 1.000 points. The index reached to 10. March 2000 with 5048,62 points its highest level and signaled the beginning of the end of the DOT Com boom.

In the largest civil proceedings in the history of the USA a Federal court condemned dozens investors damaged by broker houses (under it Merrill Lynch, Goldman Sachs, and Salomon Smith Barney) to payments at a value of 1.03 billion US Dollar to, who became to betrogen with a large-scale plan by means of Preisfixierung.

In the year 2002 the NASDAQ superassembly, briefly, introduced SUMO as electronic system.

The NASDAQ was closed on 11 September 2001 due to the terrorist attacks.

At the OTC bulletin board of the NASDAQ the shares under the symbol NDAQ are acted.

Related links

• nasdaq.com

Articles in category "NASDAQ"

We found here 4 articles.