The National Association of Securities Dealers Automated Quotations; a major American stock exchange known for technology companies.
Acronym formed in 1971 from National Association of Securities Dealers Automated Quotations. Represents the first fully electronic stock exchange, revolutionizing trading through computer networks.
NASDAQ was born digital - unlike traditional exchanges with physical trading floors, it existed purely as computer networks from day one. This electronic nature made it the natural home for technology companies, creating a feedback loop of innovation.
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