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Name-Calling At The Stock Market
After so many years, most groups (businesses, professions, affiliations, etc.) usually tend to develop their own character – in their specializations, language (names and terms of things in their group) and in many other aspects. The stock market is no exception because it, too, has its own distinctive jargon and names.
The Stock Market – A Quick Run-Through
What, exactly, is the stock market?
What is the NASDAQ Exchange?
The NASDAQ Exchange is a limited liability company and a corporation that provides a means for traders to execute stock orders for stock brokers, institutional investors and on-line stock purchasers. The NASDAQ Exchange was formed in 1971 by the National Association of Securities Dealer to fill a need for reporting stocks that were not a good fit in the regular stock exchange. The NASDAQ reports on over the counter stocks for thousands of stocks not listed on the other exchanges. By the 1990s NASDAQ surpassed in terms of listings the AMEX Exchange.