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What is the NASDAQ?

The NASDAQ is an American stock exchange that is based in New York City. It is known for its electronic trading platform and for being the home of many technology and biotech companies. It is the second-largest stock exchange in the world by market capitalisation, behind only the New York Stock Exchange (NYSE).

The NASDAQ was founded in 1971 as the world’s first electronic stock market. It was originally an acronym for the National Association of Securities Dealers Automated Quotations, but it is now a publicly-traded company and the acronym no longer stands for anything.

The NASDAQ is a market for buying and selling securities, such as stocks, bonds, and derivatives. It is a global exchange, with more than 3,200 companies listed on it from over 70 countries. It is known for its high-tech and biotech companies, and many of the world’s largest and most innovative companies, such as Apple, Google, and Amazon, are listed on the NASDAQ.

In addition to its role as a stock exchange, the NASDAQ also operates a number of other marketplaces, such as the NASDAQ OMX Commodities, which is a market for futures and options on commodities, and the NASDAQ OMX Nordic, which is a market for securities in the Nordic region. It also offers a range of other services, such as listings and issuer services, market data and analytics, and post-trade services.


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