Write a brief note on NASDAQ.
CS Professional · Corporate Funding & Listings in Stock Exchanges · PYQS · December 2024
Write a brief note on NASDAQ.
Answer & Explanation:
NASDAQ began primarily as a U.S. based equities exchange. Today, NASDAQ is recognized around the globe as a diversified worldwide financial technology, trading and information services provider to the capital markets, with more than 3,500 colleagues serving businesses and investors from over 50 offices in 26 countries across six continents and in every capital market. There are three distinct markets within NASDAQ: the NASDAQ Global Market (NGM), the newly created NASDAQ Global Select Market (NGSM) and the NASDAQ Capital Market (NCM). The NGSM mandates the highest initial listing requirements of any market in the world, while its maintenance requirements are identical to those of the NGM. It is a mark of achievement and stature for qualified companies. The NGM, in turn, has more stringent quantitative listing and maintenance requirements than does the NCM. It lists companies with an overall global leadership and international reach with their products or services. NASDAQ Capital Markets are focused on its core purpose for those companies listed. The quantitative listing and maintenance criteria applicable to non-Canadian foreign private issuers for the NGM, NGSM and NCM are identical to those of US domestic and Canadian issuers. Foreign Private Issuers (FPI) (including Canadian issuers) may, however, elect to follow home country practice in lieu of compliance with the NASDAQ corporate governance requirements.
Topics: Stock Exchanges
Related Questions in this Topic
- London Stock Exchange is one of the world's most reputed stock exchange and it provides an active and efficient secondar...
- The Luxembourg Stock Exchange is well known for its independent and international listing expertise. Discuss in brief.
- SGX's Main Board listing requirements are benchmarked against international standards and are in line with best practice...
- What are the distinct markets within NASDAQ ? Discuss in brief.
- Discuss the various segments of Main Market of London Stock Exchange.