In America, there is a stock exchange market. It was called as NASDAQ stock market. NASDAQ in general stood for “National Association of Securities Dealers Automated Quotations.” But, today this acronym is not used anymore by the exchange’s official stance, because it has been old-fashioned. Nasdaq stock market is the largest electronic screen-based equity securities trading market in the United States. The Nasdaq stock market consists of about 3,700 companies and corporations. And this stock exchange market also has more trading volume that the other stock exchanges in the world. Nasdaq stock market was located in Times Square in New York city. It was founded in February 8, 1971. The owner of the Nasdaq stock market is the NASDAQ OMX group.
The Nasdaq stock exchange started trading on February 8, 1971, same as the time of Nasdaq stock market inception. The Nasdaq stock exchange at first was the market of electronic stock, but by the time goes by, it is more than just an electronic stock market. Nasdaq becomes a stock market which also adds the trading and volume reporting and automated trading systems. That’s why many people or companies which have used this market in the stock exchange sector. And in this case, the people or the companies which want to list on the exchange, they should have at least three market makers, such as financial firms that act as brokers or dealers for specific securities, and acquire the minimum requirements such as assets, capital, public shares, and shareholders.