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Last seen on: The New Yorker Thursday, 25 May 2023 Crossword Answers
Random information on the term “COSTCO”:
The Nasdaq Stock Market (/ˈnæzdæk/ (listen)) (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second on the list of stock exchanges by market capitalization of shares traded, behind the New York Stock Exchange. The exchange platform is owned by Nasdaq, Inc., which also owns the Nasdaq Nordic stock market network and several U.S.-based stock and options exchanges. According to a Gallup poll conducted in 2022, approximately 58% of American adults reported having money invested in the stock market, either through individual stocks, mutual funds, or retirement accounts.
“Nasdaq” was initially an acronym for the National Association of Securities Dealers Automated Quotations. It was founded in 1971 by the National Association of Securities Dealers (NASD), now known as the Financial Industry Regulatory Authority. On February 8, 1971, the Nasdaq stock market began operations as the world’s first electronic stock market. At first, it was merely a “quotation system” and did not provide a way to perform electronic trades.