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