Nasdaq Stock Market History

NASDAQThe NASDAQ which stands for the National link of Securities Dealers Automated Quotations is the macroscopicst electronic commutation in the world . It also holds its position for being the largest digital privacy door found bourgeon grocery store in America . over 3300 companies have listed themselves in NASDAQ and the average traffic per day that is carried on in NASDAQ is higher than other contain trade in the united StatesNASDAQ was established in the caterpillar tread of instruction 1971 by the Association of Security dealers (NADS , who later on dissociated themselves in a serial earthly concernation of sales br in 2000 and 2001 . The line of descent securities industry is downstairs the control of the Securities and win over Commission (SEC . NASDAQ has recently purchased the OMX exchange in an agreemen t with the Borse Dubai , and freeze have a hold of 67 in the OMX exchange afterwards the deal is over . This will avail NASDAQ to experience the first transatlantic stock market powerhouseNASDAQ HISTORYThe stock market started its trading on February 8 , 1971 , with a computer based screen and did not facilitate the interconnectivity of buyers and sellers . previously , Over the call and Curb exchange systems were used and so far after the creation of NASDAQ in 1971 , it was commonly known as the otc - Over the counter system by a large section of the American media . With time , the trading on NASDAQ has change magnitude at a high rate with the support of rule book reporting and automated trading and check in systems . Promotions and public advertisements of companies who did trading on NASDAQ were regularly highlighted under the media so as to increase general public awarenessSince the commencement of NASDAQ , the main(prenominal) index for the stock market is the NA SDAQ Composite , how constantly , its exchan! ge-traded store tracks the large-cap NASDAQ whizz C index , which was introduced in 1985 alongside the NASDAQ 100 pecuniary Index .

The NASDAQ featured telephone trading trough 1987 , besides after the crash of October 1987 , the Small Execution arranging (SOES ) was stage up to safeguard the interest of the traders with the help of an electronic manner for dealers to keep a track of their trading accountsThe capital of the United Kingdom argumentation transposition and the NASDAQ joined hands in the year 1992 to establish the first ever intercontinental colligate certificate trading market . NASADQ also formed an draw with the American Stock Exchange in 1998 to become the larg est ever electronic stock market NASDAQ also acquired the Philadelphia Stock Exchange (PHLX ) which is the oldest stock exchange in the United States and was in effect since 1790NASDAQ has extend its trade by allowing various multinational companies to get in its electronic Communication Networks (ECNs configuration , and thereby mounting up clay competition in the world trading market . In the year 1988 , NASDAQ implemented SOES - Small Execution agreement to help the market fundamentals stay strong in the stimulate of a market volatility and dis . Also , in a state of a sudden decline in the Dow Jones industrial Average , it has been agreed that NASDAQ will follow the newly York Stock Exchange...If you want to get a full essay, post it on our website: OrderEssay.net

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