2. Nasdaq : Definition
• Nasdaq = National Association of Securities Dealers Automated Quotation
• 1971 = Created by the NASD
• Commercial Cy : The Nasdaq Stock Market, Inc.
• To qualify for listing a company :
– must be registered with the SEC
– Have at least three market makers (financial firms that act as brokers
or dealers for specific securities
– Meet minimum requirements for assets, capital, public shares and
shareholders