The NASDAQ Stock Market is an American stock exchange based in New York City. It is the second-largest stock exchange in the world by market capitalization after the New York Stock Exchange (NYSE). The NASDAQ, Inc. owns and operates the NASDAQ Stock Market.
Overview of NASDAQ
Here is a brief overview of NASDAQ:
| Founded: | February 8, 1971 |
| Headquarters: | New York City, United States |
| Industry: | Stock Exchange |
| Owned by: | NASDAQ, INC. |
| Official Website: | https://www.nasdaq.com |
Foundation
In the early 1970s, a group of securities dealers got together to find a way to improve the efficiency of the stock market. This led to the development of the NASDAQ stock exchange. NASDAQ is an acronym for National Association of Securities Dealers Automated Quotation. It was founded in 1971 as an electronic bulletin board system that allowed brokerages to post offers to buy and sell stocks and went public in 2002.
Today, NASDAQ operates exchanges in about 50 countries and has a market capitalization of more than $24 billion as of June 2022.
Locations
They have offices across four continents:
Oceania:
- Sydney, Australia
Asia:
- Beijing Shi, China
- Hong Kong SAR China
- Karnataka, India
- Tokyo, Japan
- Manila, Philippines
- Singapore, Singapore
- Dubai, United Arab Emirates
Europe:
- NASDAQ European Headquarters in Stockholm, Sweden
- EU Representative Office in Brussels, Belgium
- NASDAQ Commodities in Oslo, Norway
- Copenhagen, Denmark
- Frankfurt am Main, Germany
- Helsinki, Finland
- London, United Kingdom
- Lviv, Ukraine
- Oslo, Norway
- Paris, France
- Umeå, Sweden
- NASDAQ Riga & NASDAQ CSD SE in Riga, Latvia
- NASDAQ Tallinn & NASDAQ CSD SE Estonian Branch in Tallinn, Estonia
- NASDAQ Vilnius & NASDAQ CSD SE Lithuanian Branch in Vilnius, Lithuania
North America:
- NASDAQ World Headquarters in New York City, United States
- NASDAQ MarketSite in New York City, United States
- Toronto, Canada
- Canadian Equities in Toronto, Canada
- NASDAQ BX in Boston, United States
- NASDAQ Futures, Inc. in Philadelphia, United States
- NASDAQ PHLX in Philadephia, United States
- The NASDAQ Stock Market in New York City, United States
US Regional Offices:
- Boston
- Chicago
- Eugene
- Philadelphia
- Rockville
- San Francisco
- Seattle
- Washinton D.C.
Services
NASDAQ offers various services for listed companies, including market data, analyst research, public relations, and investor relations. It also provides trading technology and platforms for brokers and traders. NASDAQ is a major provider of listings for initial public offerings (IPOs), and its technology powers over 100 stock exchanges worldwide.
The NASDAQ is best known for its technology-focused stocks, such as Apple, Amazon, Facebook, and Google. These “high-tech” or “dot-com” stocks were among the earliest to be traded on the NASDAQ and helped to fuel its early growth. The NASDAQ is also home to many well-known mutual funds.
NASDAQ Structure
The NASDAQ Stock Exchange Company is structured as a not-for-profit membership corporation. It has a Board of Directors that is responsible for overseeing the exchange's operations, and it is governed by the Securities and Exchange Commission (SEC). The NASDAQ Stock Exchange Company operates a computerized system that allows its members to trade securities electronically.
Below is a list of the Board of Directors at NASDAQ, including their names and position.
| Name | Position |
|---|---|
| Melissa M. Arnoldi | EVP and Chief Customer Officer, AT&T Consumer |
| Charlene T. Begley | Retired SVP, CEO of Home and Business Solutions and CIO, General Electric Company |
| Steven D. Black | Co-CEO, Bregal Investments |
| Adena T. Friedman | President and CEO, NASDAQ |
| Essa Kazim | Governor of Dubai International Financial Centre (DIFC) |
| Thomas A. Kloet | Retired CEO and Executive Director, TMX Group Limited |
| John D. Rainey | CFO and EVP of Global CUstomer Operations, PayPal Holdings, Inc. |
| Michael R. Splinter | Retired Chairman and CEO, Applied Materials, Inc. |
| Toni Townes-Whitley | Former President, U.S. Regulated Industries, Microsoft |
| Jacob Wallenberg | Non-Executive Chairman, Investor AB |
| Alfred W. Zollar | Executive Advisor, Siris Capital Group, LLC |
NASDAQ Customer Support
The best way to get your inquiry answered is by submitting a ticket on their website: https://www.nasdaq.com/contact-us.
Or by calling one of the offices, depending on your location. The numbers can also be found on https://www.nasdaq.com/contact-us.
