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What Is Nasdaq?
What Is Nasdaq?
If you’re tuned into financial news or planning for retirement, you’ve likely heard of Nasdaq. It’s the world’s second-largest stock market, just behind the NYSE.
This stock market is popular for tech-related businesses like Apple, Amazon, and Microsoft. It is unique for its online trading, facilitated through an efficient computer system, fulfilling its digital-first vision from inception
Nasdaq performance is outstanding and is also a host for big companies like Starbucks and Tesla. Since it targets high-growth companies, stocks here tend to be more volatile. The market trades both listed and OTC stocks, identifiable by 4-5 letter codes. It has pioneered several firsts, like online trading and cloud-based data storage.
How the Nasdaq Works
The Nasdaq started as a way to get instant stock quotes and focused on over-the-counter (OTC) trading from the beginning. It added automated trading systems that give real-time info on how many shares are being traded. This exchange was one of the first to offer online trading.
If you want to buy or sell on this stock market, you have to go through dealers, who are sometimes called “market makers.” to complete the trades.
Nasdaq Trading Hours
The Nasdaq operates from 9:30 a.m. to 4:00 p.m. However, it also offers extended trading hours, with “pre-market” sessions from 4 a.m. to 9:30 a.m. and “post-market” sessions from 4 p.m. to 8 p.m.
How to Invest In the Nasdaq
- Set Your Financial Goals
- Research the Market
- Choose a Trading Platform
- Understand the Basics of Trading
Learn more about Nasdaq: https://finxpdx.com/what-is-nasdaq-a-complete-guide-for-stock-trading/
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