Nasdaq

See also: NASDAQ

English

Logo

Alternative forms

• NASDAQ (official until 2017)

Etymology

Initially an acronym of National Association of Securities Dealers Automated Quotations.

Pronunciation

• IPA^(key): /ˈnæzdæk/

• Audio (US):

  (file)

Proper noun

Nasdaq

1. An American stock exchange based in New York City.
   • 1998 January 15, “Collusion in the Stockmarket”, in The Economist:

     In their original article, Messrs Christie and Schultz found that in 70 of the 100 most heavily traded stocks, Nasdaq dealers avoided quoting prices in odd eighths of a dollar. Buyers were far more likely to quote shares at 28 1/2 or 28 3/4 than at 28 5/8.

   • 1998 August 31, Securities Market Operations: The Effects of SOES on the Nasdaq Market (Report to Congressional Requesters), Washington, D.C.: United States General Accounting Office, GAO/GGD-98-194, page 3:

     soes is a system that allows small orders placed through it to be automatically executed against Nasdaq market makers at the best bid or ask prices displayed on the Nasdaq system. soes trading has generally represented less than 10 percent of total Nasdaq shares traded. soes can be used by nasd member firms that register as participating soes order entry firms.

   • 2001, Salman Rushdie, Fury: A Novel, London: Jonathan Cape, →ISBN, pages 3–4:

     In spite of the recent falls in the value of the Nasdaq index and the value of Amazon stock, the new technology had the city by the ears: the talk was still of start-ups, IPOs, interactivity, the unimaginable future that had just begun to begin.

   • 2004 June 14, Scott Kirsner, “After 16 years of struggle, Wave awaits its big break”, in The Boston Globe:

     Through the boom and bust, when Wave's stock sold for $50 a share and when it sold for less than a buck, when the company was delisted from the Nasdaq in 1997 and then reinstated in 1999, the Wavoids have been predicting that Wave will be bigger than Intel, AOL, or Yahoo -- and searching for clues that Wave's software is about to become the gold standard of trusted computing, an indispensable part of the 150 million PCs shipped yearly.

   • 2018 July 6, Dan Hyman, “A Nasdaq for Sneakerheads? E-Commerce Site Aims to Tame ‘Chaos’ of Luxury Market”, in The New York Times‎^[1], New York, N.Y.: The New York Times Company, →ISSN, →OCLC, archived from the original on 2018-07-06:

     [title]

   • 2021, Donald MacKenzie, Trading at the Speed of Light: How Ultrafast Algorithms Are Transforming Financial Markets, Princeton, N.J.: Princeton University Press, →ISBN, page 83:

     The pocket of predictive structure in the fluctuations of share prices that the human and automated SOES bandits seem to have exploited successfully was created by the sociotechnical organization of Nasdaq. As noted, only an authorized NASD member firm that had registered as a market-maker in the stock in question could post bids and offers on Nasdaq’s screens.

   • 2023, Troy Adair, John Nofsinger, Foundations of Investments, Cengage Learning, →ISBN, page 50:

     One of the major differences between the Nasdaq exchange and the NYSE is Nasdaq’s structure of competing market makers. On the NYSE, a stock is assigned one DMM as its market maker. On Nasdaq, each market maker, referred to as a dealer, competes for customer order flow by displaying buy and sell quotations for a guaranteed number of shares.

Translations

stock exchange

• Chinese: 納斯達克 / 纳斯达克 (zh) (Nàsīdákè)
• French: le Nasdaq m

References

• Cydney Posner (2017 November 1) “NASDAQ—oops, I mean Nasdaq—acknowledges reality”, in Cooley PubCo‎^[2], archived from the original on 2018-02-21:

  Last week, Nasdaq filed with the SEC a proposed rule change that finally recognized the reality that compliance with the “all-caps” presentation of “NASDAQ,” as in “The NASDAQ Stock Market LLC,” has been inconsistent at best and negligible at worst. The modification, which conforms the presentation of the name of the Exchange to that of its parent, changes references from “NASDAQ” to “Nasdaq” and from “The NASDAQ Stock Market LLC” or “NASDAQ Stock Market LLC” to “The Nasdaq Stock Market LLC” and so on. The change, which became effective immediately, was billed as a “non-substantive corporate branding change to the Exchange’s name.”

Further reading

• Nasdaq's website

Anagrams

• Q and As

French

Alternative forms

• NASDAQ (official until 2017)

Pronunciation

• IPA^(key): /nas.dak/

Proper noun

le Nasdaq m

1. Nasdaq

   Synonyms: la Bourse électronique, l’indice composite

   • 2008, Diane Riopel, Clément Croteau, Dictionnaire illustré des activités de l’entreprise, français-anglais : industrie, techniques et gestion, Presses inter Polytechnique, →ISBN, page 344:

     Le Nasdaq est le deuxième marché boursier des États-Unis, juste après le marché de la Bourse de New York (NYSE pour New York Stock Exchange).

     (please add an English translation of this quotation)

   • 2009 March, Michel Aglietta, Sandra Rigot, Crise et rénovation de la finance, Paris: Odile Jacob, →ISBN, page 167:

     Bernard Madoff attirait les investisseurs par un réseau dense de rabatteurs, mais aussi par la position centrale qu’il occupait dans la finance en tant qu’ancien président du Nasdaq avec des liens étroits à l’intérieur de la SEC.

     (please add an English translation of this quotation)

   • 2023, William Troyaux, Trading Haute Fréquence et Dark Pools : La Complexité des Marchés Financiers, BoD – Books on Demand, →ISBN, page 27:

     Avec des actions cotées en fractions, nous pouvons vite comprendre pourquoi les market-makers du NYSE et du Nasdaq étaient réticents à la décimalisation des marchés financiers au début des années 2000.

     (please add an English translation of this quotation)