NASDAQ

The NASDAQ, short for the National Association of Securities Dealers Automated Quotations, is one of the largest and most influential stock exchanges in the world. Founded in 1971, it was the first electronic stock market, which revolutionized the way securities were traded by providing a computerized system for trading. This innovation allowed for faster and more efficient transactions compared to traditional floor trading. The NASDAQ is particularly known for its high concentration of technology and internet-based companies, including giants like Apple, Microsoft, Amazon, and Google. Its importance stems from its role in providing a platform for these companies to raise capital by issuing shares to the public, thereby fueling innovation and economic growth. Additionally, the NASDAQ Composite Index, which tracks the performance of over 3,000 stocks listed on the exchange, serves as a key indicator of the health of the technology sector and the broader economy. # What is NASDAQ? # Why is NASDAQ Important?