NASDAQ History
Stock Market History
NASDAQ history. The NASDAQ acronym stands for National Association of Securities Dealers Automated Quotation. The history of NASDAQ trading begins with the formation of the online stock exchange in 1971.
 
Marketsite Sign at Nasdaq, NYC, NY
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It was the first electronic stock exchange in
stock market history.
The NASDAQ stock market was founded--at the request of the
Securities Exchange Commission
--to make investing in shares of OTC stocks (stocks traded over the counter)safer for investors. The NASDAQ stock exchange completed its first full day of trading on February 8, 1971. The NASDAQ quote system displayed share prices for more than 2,500 OTC stocks that day. A few years later, the online stock exchange decided to distinguish itself from other OTC stock markets and began displaying quotes only for NASDAQ companies which had meet their standards in order to be listed on the exchange.
The NASDAQ Capital Market Grows Up
In 1980, the stock exchange began displaying NASDAQ stock quotes best bid and ask prices to investors. This was a bold move in NASDAQ stock history. Displaying the inside bid/ask served to reduce the spread and keep market makers honest.The NASDAQ market temporarily paid a price for this. Many brokers resented the changes at the electronic bulletin board because they had been profiting from the formerly wide spreads. But, as this innovation decreased trading costs for investors, they wanted to trade NASDAQ stocks. In another first in U.S. stock market history, the NASDAQ Stock Market, Inc. began advertising directly to the public and promoting the many tech companies listed on its exchange. The resistant brokers could not hold out against public pressure as the NASDAQ gained popularity. More changes soon followed. The NASDAQ became less of a bulletin board and more of a full-fledged stock market by adding more automation and reporting trade and volume. By 1986 the large cap NASDAQ listings had broken away from the NASDAQ small cap companies and were trading separately on the NASDAQ National Market which had higher listing standards, offered real time stock market quotations and allowed investors to trade on margin. By 1996, these stocks would be made exempt from state blue-sky laws, putting them on a par with NYSE listings and Amex exchange stock. In 1992, the first international trading service in the history of the stock market opened when NASDAQ National Market shares joined forces with the London Stock Exchange. These international trades were executed during
pre market hours crossing sessions
while the European stock markets were still open. In the same year, the exchange began offering real time stock market content for The NASDAQ Small Cap Market. In 1994, the NASDAQ exchange made stock market history by trading a larger volume of shares that year than the NYSE New York Stock Exchange.
The NASDAQ Stock Market Merges
In 1998, a NASDAQ Amex merger took place and the NASDAQ-Amex Market Group was formed.This marriage was short-lived. The firms split in 2004.
NASDAQ History Milestones
In the year 2000, the NASDAQ Stock Market, Inc. became a publicly traded company. It trades on the NASDAQ exchange under the stock symbol NDAQ.By this time it had become the largest electronic stock exchange in the history of the U.S. markets. The exchange grew even larger on November 8, 2007 when it paid $652 million to acquire the Philadelphia Stock Exchange.
What is NASDAQ?
What is NASDAQ an acronym for? Definition of NASDAQ Stock Market, Inc. NASDAQ trading hours, premarket and after hours. NASDAQ history.
NYSE History
NYSE history. History of the NYSE. New York Stock Exchange Inc. volume information. NYSE group and Euronext.
Philadelphia Stock Exchange History
The history of the Philadelphia Stock Exchange. Being the first American stock exchange, the PHLX (pronounced Phil-Ex) holds an important place in U.S. stock market history.
American Stock Exchange History
American Stock Exchange history. History of the American Stock Exchange (Amex). The role the curb market and curbstone brokers played in Wall Street stock market history.
Go from NASDAQ History to Stock Market History Graph
This stock market history graph is a 100 year chart of the Dow. The 25 year moving average included on this chart will help investors in making predictions of future market performance.
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