Stock Market Quotes and News
What is the NASDAQ?
National Association of Securities Dealers Automated Quotations. Once an electronic quotation service for OTC stocks and expressed by its acronym, NASDAQ, the stock exchange known today as Nasdaq or the Nasdaq Stock Market operates as both a stock quotes service and a stock exchange permitting dealers to trade its listed securities. Nasdaq Stock Market is owned and operated by the National Association of Securities Dealers (NASD).
What is NYSE - New York Stock Exchange?
Established in 1792, the New York Stock Exchange in the largest securities exchange in the United States. Securities are traded by brokers and dealers for customers on the trading floor at 11 Wall Street in New York City. The exchange is headed by a board of directors that includes a chairman and 20 representatives who represent both the public and the members of the exchange. This board approves applicants as new NYSE dealers, sets policies for exchange, oversees the exchange, regulates member activities, and lists securities.