Nasdaq Inc. (formerly NASDAQ OMX Group) was founded in 1971 as the world's first electronic stock market, headquartered in New York City, [[United States of America (USA)]]. It was founded by the National Association of Securities Dealers (NASD). The company is now publicly traded on its own exchange under the ticker NDAQ.
Key features:
- World's first electronic stock market
- Major global exchange operator and technology provider
- Operates multiple exchanges worldwide
- Known for listing major technology companies
- Provides market technology to other exchanges globally
Notable developments:
- 1998: Became first stock market to trade online
- 2007: Merged with Scandinavian exchange operator OMX
- Multiple strategic acquisitions including:
* Philadelphia Stock Exchange
* Boston Stock Exchange
* Strategic partnership with [[Nasdaq Dubai (formerly DIFX)]]
* Recently acquired Verafin (2020)
Ownership:
- Publicly traded company
- Major institutional investors include:
* The Vanguard Group
* Capital Research Global Investors
* T. Rowe Price Associates
* Other large investment management firms