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NASDAQ average

NASDAQ average

Posted by Trader On July - 15 - 2010













DAX kinds, DAX Index, The Dow Jones Industrial Average structure, Why is the Dow Jones Average so Popular – read the articles in order to better understand the information about NASDAQ.

NASDAQ – is the world’s largest electronic stock, reflecting the world of high technologies. The NASDAQ listing includes stocks of the monopolist Microsoft, giant Intel, legendary Apple, top-popular Yahoo, well-known mazon.com, Google, and a series of other companies with the world’s fastest growing economy sector – Hi-Tech.

NASDAQ – is automated quotation of national association of stocks traders (National Association of Securities Dealers Automated Quotation). The system was founded in 1969 once the field of the modern technologies experienced its first revolution. The “millionaires’ smithy”, as it was called later, started trading on 8th February 1971. Its main function was reflecting the quotations of average quotes of 2500 low liquidity companies that were not traded on NYSE and AMEX for some reasons. The mentioned stocks were and still are the largest in the world and their requirements to the companies traded have always been high.

NASDAQ was as amazingly quick as the development of the field of the business making up the basics of this stock. In early 80-ties the system had global changes and NASDQ became a stock in the common meaning.

That was the time when the colossal technical power of NASDAQ was designed. In 1982 a radical shift in the stock work happened: a system of executing small orders was applied, the possibility of loans for buying stocks was introduces, a rule of limit orders defense was practiced (it prevented a market maker to ignore client orders). All together it improved the stock performance and it became one of the main competitors of the New Your stock in terms of trading volumes. The stock power owes much to the quick development of the information and high technology markets.

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