NASDAQ
Proper noun A major American stock exchange, distinct from traditional physical exchanges, where trading is conducted electronically via a computerized network. It is especially known for listing many technology and growth-oriented companies.
Nasdaq is used as a proper noun to refer specifically to this exchange. It is often contrasted with other exchanges like the New York Stock Exchange (NYSE). - As a subject: Nasdaq operates entirely electronically. - As an object: The company plans to list on the Nasdaq. - With modifiers: The Nasdaq Composite Index fell today.
- "Nasdaq Composite": Refers to a major stock market index that tracks the performance of all common stocks listed on the Nasdaq stock exchange. It is a key indicator of the performance of the technology sector.
- "Nasdaq-100": Refers to a stock market index made up of 100 of the largest non-financial companies listed on the Nasdaq. It is the basis for the popular QQQ exchange-traded fund (ETF).
- Nasdaq Composite Index (n): The broad market capitalization-weighted index of over 3,000 stocks listed on the Nasdaq exchange.
- Nasdaq-100 Index (n): A modified capitalization-weighted index of the 100 largest and most actively traded non-financial domestic and international companies listed on Nasdaq.
- Electronic exchange: A general term for a stock market that uses computerized trading systems, similar to Nasdaq's operational model.
- Tech-heavy exchange: A descriptive term highlighting Nasdaq's characteristic focus.
Nasdaq originated as an acronym for the National Association of Securities Dealers Automated Quotations. While it began as a quotation system, it evolved into a full-fledged stock exchange. It is important to distinguish between the exchange itself (Nasdaq) and the indices it calculates (e.g., Nasdaq Composite).
- a computerized data system to provide brokers with price quotations for securities traded over the counter