NASDAQ – What is Nasdaq? All about NASDAQ Stock Market

Whadda hell is Nasdaq? When we search and browse in the web, we often find the word NASDAQ attached with the thing we search about especially if it’s a big name, famous and popular. Type ‘stock market’ in your search engine, the top search result will be NASDAQ. Find out why…

NASDAQ and the Big Names. OK so NASDAQ stands for National Association of Securities Dealers Automated Quotations Systems though the acronym meaning is obsolete. So Nasdaq is the name. According to my dear wiki, it is the largest electronic screen-based equity securities trading market in the United States and fourth largest by market capitalization in the world. Wow! I told you it’s huge. It better be, because I’m writing about it. LOL Ok, seriously, NASDAQ is the fourth largest stock market exchange in the world as I write this hub (2010). As you know, nothing is certain in the stock market except these big companies overtake each other every now and then. I know you want the big three. I won’t be skipping that of course.

The largest stock market in the world today is the New York Stock Exchange (NYSE) with a market value of $ 9.57 trillion, while NASDAQ exchange has a market value of $ 2.77 trillion. Obviously, America is leading. Japan's Tokyo Stock Exchange is the second largest stock market with a market value of $ 3.1 trillion. And the Chinese won’t be left behind because all things are made in China LOL Shanghai and Shenzhen markets hit 3.07 trillion dollars as of the end of May 2010.

Nasdaq stock market hit the third place of the biggest stock market in the world from prior years. As I’ve mentioned, stocks index moves up and down so expect variable statistics.

Type ‘stock market’ in your google search box or yahoo or in bing or whatever your search engine, the top result would be NASDAQ. Wonder why? Simply because the NASDAQ was the world's first electronic stock market. It is a virtual listed exchange, where all of the trading is done over a computer network. It has changed the old stock exchange way of trading. It did a massive change and improvement revolving in the stock market giving it a massive power in the trading world globally. It eliminated the low tech and vintage ways of trading. Now all international markets can trade, buy, sell, quote, bid, stocks the quickest way while monitoring the orderly flow of stocks reports within the network the quickest way. NASDAQ was also the first stock market in the United States to advertise to the general public, highlighting NASDAQ-traded companies (usually in technology) and closing with the declaration that NASDAQ is "the stock market for the next hundred years." With over 2919 stock symbols, it has more trading volume than any other electronic stock exchange in the world.

Simply put, NASDAQ, the strongest platform fueling the real time stock market, will surely roll in the global stock exchange in a rising hill market capitalization.

The following are the biggest stock markets in the world that compete with NASDAQ:

New York Stock Exchange (NYSE)

Tokyo Stock Exchange

London Stock Exchange

Euronext

Shanghai and Shenzhen Stock Exchange

Canadian TSX Group

Deutsche Börse

Hong Kong Exchanges

BME Spanish Exchanges

SWX Swiss Exchange

Giving you a brief history of NASDAQ. What is NASDAQ? Who started Nasdaq and when it is created. Well I discussed already what NASDAQ stands for. But NASDAQ is NASDAQ, that big name is better known and called as that. Nasdaq is a stock market / the same as stock exchange that reports on the trading of domestic securities not listed on the regular stock exchanges in an automated quotation system. It publishes two composite price indexes daily as well as bank, insurance, transportation, utilities, and industrial indexes. It was founded in 1971 by the National Association of Securities Dealers (NASD) It is owned and operated by the NASDAQ OMX Group, Inc. the stock of which was listed on its own stock exchange beginning July 2, 2002, under the ticker symbol (stock symbol) NASDAQ: NDAQ. Its main index is the NASDAQ Composite while its exchange-traded fund tracks the large-cap NASDAQ-100 index, which was introduced in 1985 alongside the NASDAQ 100 Financial Index.

Nasdaq 100 is a stock market index of 100 of the largest non-financial companies listed in NASDAQ. It is a customized market value-weighted index based on market capitalizations.

In 1998, NASDAQ merged with American Stock Exchange (AMEX) making Nasdaq become the largest electronic stock market (in terms of both dollar value and share volume) in the United States. NASDAQ formed then a publicly traded company, the NASDAQ Stock Market, Inc in the year 2000. In 2007, NASDAQ bought the Philadelphia Stock Exchange (PHLX), the oldest stock exchange in America. How huge. I bet it will merge and acquire another stock exchange companies in the near future.

Nasdaq OMX Group, Inc. owns and operates the NASDAQ stock market and seven European stock exchanges - Stockholm (Sweden), Copenhagen (Denmark), Helsinki (Finland), and Iceland in the Nordic and Tallinn (Estonia), Riga (Latvia) and Vilnius (Lithuania) in the Baltic regions.

NASDAQ delivers trading, exchange technology, securities listing, and public company services across six continents globally. Its international and global offerings are diverse and include trading across multiple asset classes, market data products, financial indexes, capital formation solutions, financial services and market technology products and services. Its technology powers markets across the globe, supporting cash equity trading, derivatives trading, clearing and settlement and many other trading markets.

Some of the biggest and famous companies listed in the NASDAQ stock market are here. To qualify for listing on the exchange, a company must be registered with the SEC, have at least three market makers (financial firms that act as brokers or dealers for specific securities) and meet minimum requirements for assets, capital, public shares, and shareholders.

Company List and their Stock Symbol

Apple, Inc. - AAPL

Microsoft Corporation - MSFT

Google, Inc. - GOOG

Cisco Systems, Inc. - CSCO

Intel Corporation - INTC

Oracle Corporation - ORCL

Yahoo! Inc. - YHOO

eBay, Inc. - EBAY

Dell Inc. - DELL

NVIDIA Corporation - NVDA

Symantec Corporation - SYMC

Starbucks Corporation - SBUX

and many more…

Below is a sample of stock chart of Google derived fresh from NASDAQ. If you wanna trade stocks, you can visit Nasdaq and trade online. It's on www.nasdaq.com

OK I’m done here. Hope you have learned something from here. As for me, at least I know now what is Nasdaq and it won’t bug me anymore LOL See you on the next hub folks. :)

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