Nasdaq began trading as the first electronic stock market in the world. Its name stands for National Association of Securities Dealers Automated Quotations, and at first it was only a computerised system that displayed price quotes for over-the-counter stocks, without a trading floor, though it later became a full exchange. The system was set up by the National Association of Securities Dealers to make prices more transparent. It grew quickly with the technology boom and became the home of many technology firms, including Apple, Microsoft, Amazon and Google. The Nasdaq Composite index, which tracks its listed companies, soared during the dot-com bubble of the late 1990s and fell sharply in 2000.
Before and after
- 1971Microprocessor
- 1971Email
- 31 January 1971Launch of Apollo 14
- 2 February 1971Ramsar Convention
- 4 February 1971Founding of Nasdaq
- from 26 March 1971 to 16 December 1971Bangladesh genocide
- from 26 March 1971 to 16 December 1971Bangladesh Liberation War
- 26 March 1971Establishment of Puerto Princesa Subterranean River National Park
- 30 March 1971Construction of Starbucks
More in Society, economy & sport
- 1950Origins of Formula One
- 8 August 1967Founding of ASEAN
- 10 December 1987Rise of Hamas
- 1994Rise of Taliban
- 9 September 1999Founding of African Union
- 11 September 2001September 11 attacks
The era
This moment belongs to the Contemporary world (1945 CE to today), the world since 1945. You can also browse everything in the 20th century.