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NASDAQ is a computerized system that was
established to facilitate trading by providing dealers and brokers with
the current bid and ask price quotes on OTC (over-the-counter) stocks and
other listed stocks. NASDAQ stands for (National Association of Securities
Dealers Automated Quotation System). It does not have an actual
physical trading platform/floor that brings together buyers and sellers.
All trading on the NASDAQ exchange is
done over a network of computers as well as telephones. NASDAQ does not
employ market specialists for purchasing unfilled orders like NYSE does.
The NASDAQ exchange began when the brokers started informally trading over
the telephone; the network was later formalized and linked by computer in
early 1970's. In 1998, AMEX was purchased by the parent company of the
NASDAQ. Two continued separate operation. Orders for stock are sent out
electronically on the Nasdaq where market makers (MMs) list their buy and
sell prices. Once the price is agreed upon, the transaction is executed
electronically.
On the left, you will find stocks A-Z listed on
the NASDAQ exchange. We have organized the sub-categories for easy
access to include valuable information to Investors and Traders such
as: News Press Releases (organized by date), Company
Description and of course the Trading Stock Symbol of the
company. Please send all
suggestions to us
if you have any further requests. The NASDAQ is overseen by its independent
(self-regulating) organization, the NASD (National Association of
Securities Dealers).
- For more information visit
http://www.nasdaq.com
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