NASDAQ''' is a computerized system that facilitates trading and provides price quotations on more than 5,000 of the more actively traded over the counter [[stock]]. Created in 1971, the Nasdaq was the world's first electronic [[stock market]]. The term "Nasdaq" used to be capitalized "NASDAQ" as an acronym for National Association of Securities Dealers Automated Quotation. The acronym is no longer used and Nasdaq is now a proper noun.
The Nasdaq is traditionally home to many high-tech stocks, such as Microsoft, Intel, Dell and Cisco. <ref>[http://www.investopedia.com/terms/n/nasdaq.asp Investopedia; definition of NASDAQ]</ref>