How Many Companies are in Nasdaq index?
The Nasdaq Stock Exchange and the most important companies and indices of the Nasdaq Stock Exchange
We often hear the phrase (Nasdaq Stock Exchange), especially when we follow the economic news bulletin on TV. But do you have enough knowledge of NASDAQ? What is its structure and components? In our next article, we will talk about all the details that will contribute to increasing your knowledge and information about this stock exchange. And we will mention the most important points related to it.
Nasdaq definition
It is a commercial stock exchange, as it ranks second in the world in terms of the volume of trading within it. It is a stock market, and investors who want to buy and sell stocks around the world invest in it. Its name came as an acronym for the National Association of Securities Brokers Automated Quoting System. Its existence dates back to the year 1971 AD. In addition to all that, its main location is the American city of New York, and it is the largest global stock exchange operating through electronic screens. The number of companies listed in it is more than 3,800 companies from around the world. It is noted that most of the companies listed are technological and electronic companies. And most of all, NASDAQ has the highest daily stock turnover in the United States of America.
History of the Nasdaq Stock Exchange
As mentioned earlier, the launch date of this stock exchange goes back to the year 1971 AD. This is in order to secure electronic alternatives to the dominant structure in the stock market, as these stock exchanges depend on the traditional form of trading. This type of trading depends on the presence of people in building trading personally, so that they take all its steps, including buying and selling shares live and directly. In order to replace this traditional pattern, the NASDAQ stock exchange proceeded to the process of gathering information, and automated it in order to provide continuous updating of stock trading prices in many dispersed locations. Through this process, Nasdaq surpassed the rest of the stock exchanges, including the New York Stock Exchange, as it secured trading for many stocks that are not included in the trading of the New York Stock Exchange.
The Nasdaq Stock Exchange has kept pace with technological progress, as automated trading systems have been established that are concerned with securing all information, data and analysis related to all stock exchanges around the world. Nasdaq is the first in the world in terms of presence on the World Wide Web by designing its own website. Most importantly, it is the first stock exchange that allowed investors to trade stocks via the Internet. In addition to all of this, the NASDAQ Stock Exchange has adopted what is known as cloud computing, by providing analyzes based on electronic cloud storage that continuously saves and analyzes stock movement.
In 2008 AD, the NASDAQ Stock Exchange merged with the OMX ABO Stock Exchange. This alliance was initially named NASDAQ OMX. And this name remained in force until the year 2015 AD, when the name NASDAQ was adopted: NDAQ. In addition to managing the core stock exchange of NASDAQ, it also oversees NASDAQ North in Iceland, Denmark, Sweden, Finland, and the Baltic states.
Nasdaq business hours
Work in this stock exchange is basically open from Monday to Friday of each week, but closing takes place on Saturday and Sunday. Trading begins when the opening bell rings at 9:30 am. Business in the regular session continues until 4:00 p.m. New York City local time. In addition, Nasdaq gives traders special sessions, which are opened before the regular session time, from 4:00 am to 8:30 am.Another special session will also be opened after the end of the regular session time, between 4:00 pm and 8:00 pm. Most important of all, keep in mind that the NASDAQ closes earlier at 1:00 PM on Thanksgiving Friday every year. In addition to closing at the same hour, on Christmas Eve, and in the event that her birthday is celebrated on December 25 of each year.
The most important Nasdaq companies and indices
Today, the Nasdaq Stock Exchange includes more than 3,800 companies listed for trading from all over the world. It ranks first in the world in terms of trading volume. It ranks second in the world, after the New York Stock Exchange, in terms of the market value of the global companies listed therein. In addition, many international companies are listed on this stock exchange. For example, we will mention Microsoft, Apple, Amazon, Facebook, Adobe, and many other thanks. Global markets depend on two main indicators in order to measure the performance of the NASDAQ Stock Exchange, which are:
The first index, which is called the Nasdaq-100 Index and is symbolized by the symbol NDX. This indicator is based on measuring the performance of the 100 largest companies listed on the Nasdaq Stock Exchange.
In addition, the second index of NASDAQ stock indexes. It is called the Nasdaq composite index, and is known by the symbol IXIC. This index measures the performance of 3,000 companies listed on the Nasdaq Stock Exchange.
At the end of our article, we hope that we have highlighted the most important general information about the Nasdaq stock exchange. It should also be noted its great importance within its field of work in the global stock trading sector, and we notice the great demand from the world’s great companies to enter the trading market of the Nasdaq Stock Exchange and the Nasdaq Stock Exchange indices.