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Why was the NASDAQ established?

EncofBizandFinance ∙

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∙ 14y ago

Updated: 9/19/2023

The NASDAQ (originally known as the National Association of Securities Dealers Automated Quotations) was created in 1971 to compete with the S and P 500 and to measure the entire range of the market.

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∙ 14y ago

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The full form of NASDAQ is the National Association of Securities Dealers Automated Quotations. It is an American stock exchange that was established in 1971 and is known for being the first electronic stock market, featuring a wide array of technology and internet-based companies. NASDAQ operates as a global electronic marketplace for buying and selling securities.

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