The NASDAQ is a US stock exchange. It is the largest electronic screen-based equity securities trading market in the United States. It lists more companies and has more trades per day than any other U.S. market. The NASDAQ is owned and operated by the NASDAQ OMX Group and is monitored by the Securities and Exchange Commission.
History
NASDAQ was founded in 1971 by the National Association of Securities Dealers as the world's first electronic stock market. At first, it was merely a computer bulletin board system and did not actually connect buyers and sellers.
Until 1987, most trading occurred via the telephone, but during the October 1987 Stock Market Crash, market makers often didn't answer their phones. To counteract this, the Small Order Execution System (SOES) was established, which provides an electronic method for dealers to enter their trades. NASDAQ now requires market makers to honor trades over SOES. The 1998 merger with the American Stock Exchange formed the NASDAQ-Amex Market Group. By the beginning of the 21st century it had become the largest electronic stock market in the United States.
NASDAQ News Stories
Official Website: NASDAQ Newsroom
Topix.com: New York Stock Exchange
Google Finance: NASDAQ Composite Index
Yahoo! News: NASDAQ
CNET: Real-time Nasdaq stock quotes on the Web (June 2, 2008)
BusinessWeek: Bernanke's Bailout (September 18, 2007)
Bloomberg.com: Stocks, 2-year note, gold rise as Fed Cuts Rates; Dollar Falls (September 18, 2007)
CNNMoney: Market Report (September 18, 2007)
Yahoo! Finance: Market Overview (September 5, 2007)
CNNMoney.com: Wall Street's tough day (September 5, 2007)
Bloomberg.com: U.S. Stocks Fall on Concern Over Housing Slump, Interest Rates (September 5, 2007)
Yahoo! Finance: Market Overview (September 4, 2007)
CNNMoney: Stocks Surge into September (September 4, 2007)
Bloomberg.com: U.S. Stocks Rally (September 4, 2007)
CNNMoney: Stocks Fight Back (August 29, 2007)
Bloomberg.com: U.S. Stocks Rebound on Profit Outlook (August 29, 2007)
New York Times: Dow Falls 280 Points on Economic Concerns (August 28, 2007)
Forbes.com: Goldilocks Mauled (August 28, 2007)
Google News: NASDAQ Headlines
WSJ.com: News on the NASDAQ
MSN Money: NASDAQ News
TheStreet.com: Mixed Day on Wall Street (August 30, 2007)
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