The Nasdaq Stock Market, which debuted in 1971 as the world's first electronic stock market, is the fastest growing stock market in the United States. Nasdaq trades more shares per day and has a greater dollar volume of trades than any other U.S. equities market. In the third quarter of 2000, total share volume reached 314.6 billion shares and total dollar volume, $15.5 trillion.
Through its deployment of advanced technology, Nasdaq is positioning itself to become the worldís first truly global securities market. Without size limitations or geographical boundaries, Nasdaqís market structure allows a virtually unlimited number of market participants to trade in a company's stock.
A highly-regulated electronic securities market, Nasdaq employs sophisticated surveillance systems and regulatory specialists to protect investors and provide a fair and competitive trading environment. Trading is executed through Nasdaqís sophisticated computer and telecommunications network housed in Trumbull, Connecticut a system which transmits timely, critical investment information to more than 1.3 million users in 83 countries. A fully redundant backup system is located in Rockville, Maryland. Nasdaq is the only market in the world that maintains a complete secondary system, capable of operating the market at full capacity at any time.
Nasdaq lists more domestic and foreign companies than on all other U.S. stock markets combined more than 4,800 - representing diverse industries including transportation, telecommunications, technology, agriculture, mining, construction, manufacturing, finance, insurance, real estate, retail, wholesale, forestry and fisheries, and public administration.
For more information on The Nasdaq Stock Market, visit http://www.nasdaq.com