What is the full form of "NASDAQ"?
A. National Association of Securities Dealers Automated Quotation
B. National Association of Shares and Dealers Automated Quotation
C. National Association of Shares and Deposit Accounting Quotation
D. National Association of Securities and Deposit Accounting Quotation
Answer: Option A
Solution (By Examveda Team)
"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 (FINRA). 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.This Question Belongs to Abbreviations >> Business Abbreviations
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