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Simple English definitions for legal terms
National Association of Securities Dealers Automated
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A quick definition of National Association of Securities Dealers Automated:
Term: NATIONAL ASSOCIATION OF SECURITIES DEALERS AUTOMATED
Definition: NASDAQ is a computer system that keeps track of buying and selling of stocks that are not traded on a stock exchange. It shows the prices of these stocks so people can decide if they want to buy or sell them.
A more thorough explanation:
NATIONAL ASSOCIATION OF SECURITIES DEALERS AUTOMATED
The National Association of Securities Dealers Automated Quotation system, also known as NASDAQ, is a computerized system that records transactions and displays price quotations for a group of actively traded securities on the over-the-counter market.
Some examples of securities that are traded on NASDAQ include Apple Inc. (AAPL), Amazon.com Inc. (AMZN), and Facebook Inc. (FB).
When you look up a stock on a financial website or app, you may see the stock's current price listed as the NASDAQ price. This is because NASDAQ is one of the major stock exchanges in the United States, along with the New York Stock Exchange (NYSE).
NASDAQ is a system that allows investors to buy and sell stocks in a computerized marketplace. The system records all transactions and displays the current price of each stock in real-time. This makes it easier for investors to make informed decisions about buying and selling stocks. The examples illustrate how NASDAQ is used to trade stocks and how it is one of the major stock exchanges in the United States.
National Association of Securities Dealers | National Association of Women Lawyers