nasdoq what is this?

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nasdoq what is this?

2006-06-06 17:13:01 · 2 answers · asked by muthuraj 1 1 in Business & Finance ➔ Investing

2 answers

The NASD is the National Association of Security Dealers -- an organization of brokers. They got together and decided that they would report Over-The-Counter trades that they made. They called the reporting system NASDAQ -- standing for NASD-Automated Quotations. The reporting system eventually got expanded to one where brokers could actually trade -- which led to the Nasdaq exchange.

2006-06-07 08:28:11 · answer #1 · answered by Ranto 7 · 0⤊ 1⤋

If you mean Nasdaq it's the tech stock exchange

2006-06-06 17:16:29 · answer #2 · answered by Anonymous · 0⤊ 0⤋