Nasdaq

[7] It was founded in 1971 by the National Association of Securities Dealers (NASD), now known as the Financial Industry Regulatory Authority.

[13] In 1996, the SEC issued a report alleging that NASDAQ market makers fixed prices by avoiding "odd-eighths" quotes (at the time, stock prices were quoted in increments of an eighth of a dollar) to artificially widen spreads.

[20] To qualify for listing on the exchange, a company must be registered with the United States Securities and Exchange Commission (SEC), must have at least three market makers (financial firms that act as brokers or dealers for specific securities) and must meet minimum requirements for assets, capital, public shares, and shareholders.

"[21] Late in the month, NASDAQ was reported to be considering asking either ICE or the Chicago Mercantile Exchange to join in what would probably have to be, if it proceeded, an $11–12 billion counterbid.

[26] In 2007, NASDAQ Europe was revived first as Equiduct and was acquired by Börse Berlin later that year.

[28][29] In November 2016, chief operating officer Adena Friedman was promoted to chief executive officer, becoming the first woman to run a major exchange in the U.S.[30] In 2016, Nasdaq earned $272 million in listings-related revenues.

[31] In October 2018, the SEC ruled that the New York Stock Exchange and Nasdaq did not justify the continued price increases when selling market data.

[32][33][34] In December 2020, NASDAQ announced that it would strip its indexes of four Chinese companies in response to Executive Order 13959.

[35] In September 2024, the European Commission said it had carried out an unannounced inspection at the offices of Nasdaq over potential anti-competitive practices.

Nasdaq compared to corporate profits
Corporate profits after tax
NASDAQ Index
Former logo used from 1971 to 2014
During the dot-com bubble , the NASDAQ Composite index spiked in the late 1990s. It then fell sharply as the bubble burst.
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