What is NASDAQ? NASDAQ is the world's first electronic stock exchange and the largest of the world's four largest exchanges (the other three are Tokyo Stock Exchange, London Stock Exchange and New York Stock Exchange). It was established on February 8, 1971 by the National Association of Securities Dealers in the United States to regulate chaotic over-the-counter transactions and provide a financing platform for small businesses. Website: www.nasdaq.com NASDAQ is the world's first electronic stock exchange and the largest of the world's four largest exchanges, the other three being the Tokyo Stock Exchange, the London Stock Exchange, and the New York Stock Exchange. It was established on February 8, 1971 by the National Association of Securities Dealers in the United States to regulate chaotic over-the-counter trading and provide a financing platform for small businesses. NASDAQ's website is www.nasdaq.com. As one of the most important capital markets in the world, Nasdaq has attracted many well-known companies to join, including technology giants such as Apple, Microsoft, Amazon, and Google, as well as leading companies from various industries. It not only provides financing channels for companies, but also provides investors with abundant investment opportunities. The establishment of NASDAQ marks the beginning of a new era for the capital market. Prior to this, stock trading was mainly conducted in the over-the-counter market, with low trading efficiency and serious information asymmetry. NASDAQ's electronic trading platform has greatly improved trading efficiency, reduced trading costs, and enabled more investors to participate in the market. In addition to providing a trading platform, Nasdaq is also committed to market innovation and supervision. It has introduced a series of advanced trading mechanisms and market rules, such as the market maker system and the bidding system, to ensure market fairness and transparency. At the same time, Nasdaq has also continuously strengthened market supervision, combated market manipulation and fraud, and protected the interests of investors. As time goes by, Nasdaq's influence continues to expand. It not only occupies an important position in the US market, but also plays a key role globally. By establishing connections with partners around the world, Nasdaq provides multinational companies with access to the international capital market and provides global investors with diversified investment options. In short, as the world's first electronic stock exchange, Nasdaq has not only made remarkable achievements in technological innovation and market development, but also made important contributions to the development of the global economy. Its successful experience provides a useful reference for the reform and development of the capital market in other countries and regions. |
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