nasdaq

noun

1. National Association of Securities Dealers Automated Quotations: a system for quoting over-the-counter securities.

n acronym for (in the US)

1. National Association of Securities Dealers Automated Quotations System

U.S. stock exchange, founded 1971, an acronym from National Association of Securities Dealers Automated Quotations. An electronic stock market, where all trading takes place through NASDAQ’s computer network rather than at a central trading location. Started in 1971, NASDAQ surpassed the New York Stock Exchange in annual share volume during the 1990s, mainly because of its popularity with investors of emerging high-tech (see also high-tech) companies. Microsoft®, for example, is listed on NASDAQ.