Nasdaq is one of the most popular exchanges among the global exchanges. Nasdaq, the world's first and largest electronic stock exchange, is an exchange in demand by investors from different countries.
What is the Nasdaq Exchange?
Founded in 1971, the Nasdaq stock market is the second most traded stock exchange in the world. You can make all your transactions on the Nasdaq stock exchange, which is a fully electronic stock market, through the electronic system. One of the most important features of the Nasdaq stock market is that the stocks of large or small-scale technology companies around the world are traded here.
So, which country's stock market is the Nasdaq? Nasdaq is the largest electronic and automated stock exchange in the United States. Nasdaq stands for "National Association of Securities Dealers Automated Quotations". The center of this exchange is New York Times Square. The current CEO of Nasdaq is Adena Friedman.
What is the Feature of Nasdaq Exchange?
Nasdaq is an exchange where all transactions are done online to provide high security. The Nasdaq exchange aims to create a market that connects technology companies that need to be listed on the exchange. Nasdaq companies, which include many large and globally well-known companies, include world giants such as Microsoft, Oracle, Apple, Intel, Adobe, Netflix, Facebook, Yandex.
One of the key factors that has made the Nasdaq so successful is the flexibility in terms of acceptance. Although it has serious criteria for listing stocks, it has close relationships with all companies regardless of their scale. In addition to giant companies, stocks of new generation technology companies are also traded on the Nasdaq stock exchange.
What Are Nasdaq Indices?
Nasdaq index types; The Nasdaq 100 can be counted as the Nasdaq Composite Index and the Nasdaq Biotechnology Index. The contents of these indices are as follows:
Nasdaq Composite Index
The Nasdaq Composite Index is an index that includes the stock group of more than 3.000 companies traded on the Nasdaq stock exchange. Since mostly high-tech companies are traded on the Nasdaq stock exchange, the performance of the technology industry can often be observed with the Nasdaq Composite index. Technology companies make up about 50% of the index, consumer services companies about 20%, and healthcare companies about 10%. In addition, the index includes companies from the utilities, oil and telecommunications sectors.
Nasdaq 100 Index
The Nasdaq 100 Index includes the 100 largest companies by market capitalization traded on the Nasdaq stock exchange, excluding financial sector firms. The index reflects the performance of the largest listed companies operating in areas such as computer hardware and software, telecommunications, retail/wholesale and biotechnology. Companies tracked in the Nasdaq 100 index comprise more than 90% of the market value of the Nasdaq Composite index. Similar to the Nasdaq Composite index, technology industry companies account for more than 50% of the index's weight.
Nasdaq Biotechnology Index
The Nasdaq Biotechnology Index is originally part of the Nasdaq Composite Index. It consists of biotech and pharmaceutical companies that include listed stocks. Companies covered by this index are only listed on the Nasdaq. The index brings together pharmaceutical companies, allowing over 100.000 stocks to operate per day.
How to Buy Stocks on the Nasdaq?
As an investor, if you want to trade stocks traded on the Nasdaq stock exchange, you can open an investment account in one of the brokerage houses that offer access to foreign markets. Many domestic brokerages provide access to the Nasdaq markets. You can invest by choosing your brokerage house and buying and selling the stocks of companies traded on the Nasdaq stock exchange.
Nasdaq Trading Hours
In order to trade Nasdaq shares, you need to pay attention to the time difference with the USA, which is the center of the stock market. Let's examine the opening and closing hours of the Nasdaq stock market over the USA and Turkey:
- Nasdaq opening time: US 9:30, Turkey 16:30
- Nasdaq closing time: USA 16:00, Turkey 23:00