Nasdaq & Otc Market in Bangladesh”

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Assignment
On
“NASDAQ & OTC Market in Bangladesh”
Course title: Financial Institutions and Markets
Course Code: FIN-6403
Submitted to:
Ms. Afia Akter
Assistant Professor
Department of Business Administration
Northern University Bangladesh
Submitted by:
Md. Milon Hosen
ID: MBA-120103274
Section: A

Date of submission: February 25, 2013

National Association of Securities
Dealers Automated Quotation (NASDAQ)
NASDAQ is the Largest OTC Market in New York, in this Market D-listed & Non Listed Company from Organized Market is traded their securities by Electronically without Physical Location. NASDAQ began forty years ago at the National Association of Securities Dealers, or NASD. The NASD wanted to create a way for investors to buy and sell stocks on a computerized, transparent, and fast system. This would eliminate the burden and inefficiency of in-person stock transactions, which had been the prevalent model for nearly a century. The NASD believed that investors could make more money by closing the price gaps between buyers and sellers, and technology had evolved enough at that point to make it happen.  On February 8, 1971, the National Association of Securities Dealers Automated Quotation (NASDAQ) went live with median quotes for 2,500 over-the-counter securities. As we celebrate the 40th anniversary of electronic trading, we are proud that the revolutionary, disruptive model that the NASD developed in 1971 is now the standard for markets worldwide. In our early years, we gave growth companies the opportunity to raise capital that wasn’t previously available to them. Those companies (Intel, Microsoft, Apple, Cisco, Oracle, and Dell, to name a few) used the capital raised on The NASDAQ Stock Market to make the cutting edge products that are now integral to our daily lives. These companies have also created millions of jobs around the world along the way.  Today, the NASDAQ OMX Group owns and operates 24 markets, 3 clearing houses, and 5 central securities depositories, spanning six continents--making us the world’s largest exchange company. Eighteen of our 24 markets trade equities. The other six trade options, derivatives, fixed income, and commodities. We are the largest single liquidity pool for US equities and the power behind 1 in 10 of the world’s securities transactions. Seventy exchanges in 50 countries trust our trading technology to power their markets, driving growth in emerging and developed economies.  NASDAQ OMX on the Issues

NASDAQ OMX employs a full staff of Government Relations professionals, Economists and Legal experts to deploy any given issue or public policy challenge anywhere in the world. We have a strong history of working on the issues that affect public companies, having fought alongside our companies on issues such as stock option accounting, SOX 404, H1B Visa Reform, lawsuit reform, taxes and many others. Cyber Security

How to ensure that America’s public and private critical infrastructure is protected from criminal, state-sponsored and terrorist factions known to probe corporate and government systems? NASDAQ OMX is engaged on these issues directly and through interaction with the U.S. Chamber, Tech Net, the Business Roundtable and various government agencies. Innovation Agenda

Access to Capital, Reduced Friction for Entrepreneurs and Pro-jobs Tax Policy Key to a Robust American Economy. Corporate Governance
NASDAQ OMX Supports High Standards and Balancing the Interest of Both Short and Long-Term Shareholders. Tax Policy
NASDAQ OMX believes that tax policies, that promote job creation, fair competition and efficient access to capital are both positive for the short and long term health of the U.S. and world economy. International Trade Policy

NASDAQ OMX Opposes Protectionism and Supports Opening New Markets. Recent Accomplishments
The Dodd-Frank Act
SOX 404: Working with the Biotechnology Industry Association (BIO), the technology industry and others...
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