Nasdaq
Introduction to NASDAQ
The NASDAQ Stock Market, also known simply as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for National Association of Securities Dealers Automated Quotations. It is the second-largest stock market comparing to official stock exchanges by market capitalization in the world, after the New York Stock Exchange. The exchange platform is owned by NASDAQ OMX Group, which also owns the OMX stock market network.
In the NASDAQ, there are three levels of subscribers: they are level 1 to 3. For the level 3 subscribers, they are firms dealing in securities. These market makers adjust inventories of a security and ready to buy or sell these shares from or to the public at the quoted bid and ask prices. The level 3 subscribers can make profits from the difference between the bid and ask prices. Easily say, the level 3 can enter the quote and manage the quote.
For the level 2 subscribers, they are subscribers who work for the brokerage firms that can help their clients execute their quote, but they cannot put their own quote and do not actively make deal in the market through their own account. They can put all the information related to market dealers wishes to sell or buy stock and recently executed orders.
For the level 1 subscriber, like we are, the investors or the potential investors, the level 1 subscribers can receive the ask price or bid price and buy or sell the securities in the market, as well as collecting the information on current prices.
Difference between NASDAQ and other U.S. Securities markets 1. NASDAQ and NYSE (1) Location
What is the location means? Location of exchange is not so much on its street address but the "place" where its transactions take place. On the NYSE, all trades occur in a physical place, on the trading floor in New York City, Wall Street maybe.
However, the Nasdaq is located not on a physical trading floor but on a telecommunications network. People are not on the physical
The NASDAQ Stock Market, also known simply as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for National Association of Securities Dealers Automated Quotations. It is the second-largest stock market comparing to official stock exchanges by market capitalization in the world, after the New York Stock Exchange. The exchange platform is owned by NASDAQ OMX Group, which also owns the OMX stock market network.
In the NASDAQ, there are three levels of subscribers: they are level 1 to 3. For the level 3 subscribers, they are firms dealing in securities. These market makers adjust inventories of a security and ready to buy or sell these shares from or to the public at the quoted bid and ask prices. The level 3 subscribers can make profits from the difference between the bid and ask prices. Easily say, the level 3 can enter the quote and manage the quote.
For the level 2 subscribers, they are subscribers who work for the brokerage firms that can help their clients execute their quote, but they cannot put their own quote and do not actively make deal in the market through their own account. They can put all the information related to market dealers wishes to sell or buy stock and recently executed orders.
For the level 1 subscriber, like we are, the investors or the potential investors, the level 1 subscribers can receive the ask price or bid price and buy or sell the securities in the market, as well as collecting the information on current prices.
Difference between NASDAQ and other U.S. Securities markets 1. NASDAQ and NYSE (1) Location
What is the location means? Location of exchange is not so much on its street address but the "place" where its transactions take place. On the NYSE, all trades occur in a physical place, on the trading floor in New York City, Wall Street maybe.
However, the Nasdaq is located not on a physical trading floor but on a telecommunications network. People are not on the physical