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The National Association of Securities Dealers Automated Quotation System (NASDAQ) is a computer-operated system that provides dealers with quotations for stocks and securities. The NASDAQ lists over 3,900 companies[1], many of which are smaller, more volatile corporations.[2] It also includes many start-up companies.

Stocks traded on the NASDAQ must meet specified requirements, but these rules are generally less stringent than those for the New York Stock Exchange (NYSE)

The NASDAQ is the world’s fourth largest stock market, behind New York, Tokyo, and London. It was created in 1971 as the world’s first electronic stock market.[3]

The NASDAQ is owned and operated by the NASDAQ OMX Group.

[edit] References

  1. NASDAQ Monthly Performance Report. NASDAQ OMX, 2008-09-30.
  2. Finance and Investment Terms for Begineers, 2008-09-30.
  3. Glossary. CISCO, 2008-09-30.

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