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NASDAQ exchange illustration
Stock Exchange·North America

NASDAQ

The exchange most associated with technology listings, founded as the world's first electronic marketplace.

Headquarters
New York, United States
Region
North America
Market Focus
Technology & Growth

Overview

NASDAQ launched in 1971 as the first electronic stock market, replacing the physical trading floor with a computerised quotation system. That origin shaped its identity: it became the natural home for technology companies, and remains the listing venue most closely associated with the sector.

It operates a tiered structure, with different listing standards depending on a company's size and financial profile.

Known For

  • Technology, software, and internet companies
  • Biotechnology and life sciences listings
  • Fully electronic, market-maker driven trading
  • Tiered listing standards accommodating smaller growth companies

Listing Considerations

  • Multiple market tiers mean listing standards vary considerably by tier
  • Strong analyst and institutional coverage in technology sectors
  • Peer group is heavily technology-weighted, which shapes comparisons and valuation
  • Requires compliance with US securities law and ongoing SEC reporting
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