NASDAQ is a global electronic market for securities trading, especially those issued by technology companies . It is the second largest stock market in the world by market capitalization after the New York Stock Exchange. NASDAQ was established by the National Association of Securities Dealers (NASD) to allow investors to operate on a computer platform that was fast and transparent. On February 8, 1971, he began operations. The term “NASDAQ” refers to a Nasdaq Composite which is an index of more than 300 stocks that have been listed in the trading platform that includes major technology companies like Google, Apple, Microsoft and Intel.
Between 2000 and 2001, NASD alienated itself by selling its shares in the NASDAQ. It is currently owned and operated by Nasdaq Inc. In 2002, the listed company (Nasdaq Inc.) was listed on the NASDAQ under the symbol NDAQ. NASDAQ claims to be the first electronic stock market in the world.Initially it started to function as a listing system, but it did not provide a stock trading platform. The NASDAQ stock market was unpopular with stock brokers because it helped reduce the difference between the offer and the stock price, a difference that had benefited the brokers. A further development in the NASDAQ allowed him to take over the main operations that were carried out at the counter. Over the years, NASDAQ has developed into a stock market with increasing trading volumes and systems automation. It was the first stock market in the United States to trade online. The company has attracted major technology companies that have promoted the platforms and helped modernize the platform.
The NASDAQ composite
The NASDAQ stock market index is known as the NASDAQ Composite. It is an index of common stocks listed on the market. One of the three most popular indices in the US stock market, the other is the S&P 500 of the Dow Jones Average. The NASDAQ composite is highly weighted towards technology companies.
NASDAQ 100 Index
The Nasdaq 100 index is an index that includes the largest national and international non-financial companies 100 listed on the Nasdaq based on market capitalization. The index contains companies in commerce, telecommunications, software, biotechnology and hardware. Individual investors gain exposure to this index by acquiring exchange-traded funds (ETFs) that replicate the performance of the index.
Current state of the NASDAQ
In March 2017, more than 3,100 NASDAQ-listed companies, with more than 2 billion shares listed daily. Since 2000, NASDAQ has negotiated more than 1,044 IPOs, more than any other commercial market in the United States. In March 20, 2017, the most profitable company in the United States was Apple, which traded its shares for $ 141.50 per share on NASDAQ. As of June 2015, the annual market growth rate was 9.24%. The pre-sale session starts from 4:00 am to 9:30 am at the Eastern Standard standard and regular trading starts at 9:30 am and continues at 4:00 pm.