Nasdaq is the largest US electronic stock market, listing more companies and, on average, trading more shares per day than any other US market.
It is home to companies that are leaders across all areas of business, including technology, retail, communications, financial services, transportation, media and biotechnology. NASDAQ is the primary market for trading NASDAQ-listed stocks.
The company's own account of its history contains a dazzling array of acclamation for achievements in its brief life to date. NASDAQ does not hide its light under a bushel. Rather it seems to believe that if you do not blow your own trumpet, no one else will.
NASDAQ says it has evolved dramatically from its beginnings in 1971 as primarily a US-based equities exchange.
Along the way, it says it transformed the world’s capital markets by engineering precedent-setting acquisitions, achieving groundbreaking progress, and empowering people to think differently and businesses to compete more effectively.
- the vision: to connect business, capital and ideas to advance today’s global economies.
- the mission: To provide market-leading technology solutions and
Intelligence to help businesses and investors succeed
NASDAQ operates one of the world’s largest networks of exchanges. This spans
- 25 markets
- one clearing house
- five central securities depositories
Although today’s NASDAQ story began more than 40 years ago, it contains a rich history of the creation of financial and capital marketplaces throughout the world. As the company has grown, so has its heritage.
With the inclusion of several stock exchanges in the United States and Europe, NASDAQ’s heritage includes the Philadelphia Stock Exchange, the first exchange established in the US in 1790, the Copenhagen Exchange created in 1808, as well as the Boston Exchange launched in 1834.
NASDAQ says it enables customers to plan, optimise and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets.
NASDAQ services support the entire trade lifecycle
- from pre-trade to post-trade risk management
- access and connectivity
- reporting and clearing
NASDAQ's markets trade multiple asset classes including
- structured products
NASDAQ boasts that its delivery of the most innovative technology solutions has transformed capital markets around the world.
It says it has grown into a diversified financial technology, trading and information services provider to the capital markets, with more than 3,500 colleagues serving businesses and investors from over 50 offices in 26 countries across six continents.
It calculates that it now has tens of thousands of diverse indices that cross industry sectors, and cover asset classes spanning equities, options, futures, fixed-income, commodities, derivatives and structured products, with support provided for a trade’s entire lifecycle.
The results are global exchanges that currently list some companies, representing more than $US10.0 trillion and approximately 18,000 corporate clients.
NASDAQ is built around four complementary business segments
Address: One Liberty Plaza 165 Broadway New York, NY 10006
Number of companies listed: 3,800 in 35 countries at 3 March 2017
Market capitalisation: US$10 trillion-plus
President and chief executive officer: Adena Friedman
Opening hours: (all times US Eastern Standard Time)
Pre-Market: 4:00 a.m. to 9:30 a.m.
Regular Market: 9:30 a.m. to 4:00 p.m.
After Market: 4:00 p.m. to 8:00 p.m.
Quotes and order entry available from 4:00 a.m. to 8:00 p.m. All quotes are open and firm from 4:00 a.m. to 8:00 p.m.
Closing price information reported externally by Nasdaq to market data vendors and the media is based on the price at 4:01 p.m. EST, when the market officially closes, and is not affected by other sessions.
Nordic trading hours vary from market to market and product to product.
Revenues: $2,277m in 2016, up from $1,895m in 2013
Net income: $621m in 2016, up from $484m in 2013
Best known indices: A vast spectrum of stock market indices is traded on NASDAQ, too many to list here. They range from XAX, the Amex Composite, VOLNDX, the DWS NASDAQ-100 Volatility Target Index and FTSEQ500, the FTSE NASDAQ 500 Index, to NDXE, the NASDAQ-100 Equal Weighted Index, VINX30, the VINX 30 and WLX, the Wilshere 5000.
Five biggest companies listed as of 8 May 2017: Apple, Alphabet, Microsoft, Amazon.com, Facebook. NASDAQ companies represent more than 90% of the Fortune 500.
Fun facts: Market Bell Ceremonies at the Nasdaq MarketSite in New York’s Times Square are designed to serve as a platform to generate exposure for companies, make a news announcement or celebrate corporate milestones.
They are choreographed by a professional event planner; NASDAQ says each ceremony is carefully designed to showcase the company in question on the NASDAQ Webcam, MarketSite Tower and participating television networks.
These include CNBC, Bloomberg TV, Fox Business News and many others. Proper attire for the Bell Ceremony is business or business casual. No jeans or sneakers.
NASDAQ can point to what it describes as a remarkable legacy of industry launches and firsts
1790 First exchange in the US – Philadelphia Stock Exchange
1808 First exchange in the Nordics – Copenhagen Exchange