What Is the National Association of Securities Dealers (NASD)? The National Association of Securities Dealers (NASD) was a self-regulatory organization of the securities industry and a predecessor of the Financial Industry Regulatory Authority (FINRA). It was responsible for the operation and regulation of the NASDAQ stock market and over-the-counter markets. It also administrated exams for investment professionals
What Is Nasdaq? Nasdaq is a global electronic marketplace for buying and selling securities. Its name was originally an acronym for “National Association of Securities Dealers Automated Quotations”—Nasdaq started as a subsidiary of the National Association of Securities Dealers (NASD), now known as the Financial Industry Regulatory Authority (FINRA). Nasdaq was launched after the Securities and Exchange
What Is the Nasdaq-100 Pre-Market Indicator (PMI)? The Nasdaq-100 Pre-Market Indicator (PMI) reflects trading activity based on pre-market open prices for the Nasdaq 100 Index, and gives an indication of the opening price for the index each trading day. Nasdaq developed the indicator to give investors and traders a better view of market activity prior to the
What Is the Nasdaq Composite Index? The Nasdaq Composite Index is a market capitalization-weighted index of more than 3,700 stocks listed on the Nasdaq stock exchange. As a broad index heavily weighted toward the important technology sector, the Nasdaq Composite Index has become a staple of financial markets reports. Key Takeaways The Nasdaq Composite Index
What Was the Nasdaq National Market (Nasdaq-NM)? The term Nasdaq National Market (Nasdaq-NM) referred to one of the market tiers of the Nasdaq. The Nasdaq-NM is what most people thought of when they referred to the Nasdaq. This tier was made up of more than 3000 companies whose base consisted of domestic and foreign shareholders.
What Is Nash Equilibrium? Nash equilibrium is a concept in game theory where the optimal outcome is when there is no incentive for players to deviate from their initial strategy. The players have knowledge of their opponent’s strategy and still will not deviate from their initial chosen strategies because it remains the optimal strategy for
What Is National Income Accounting? National income accounting is a bookkeeping system that a government uses to measure the level of the country’s economic activity in a given time period. Accounting records of this nature include data regarding total revenues earned by domestic corporations, wages paid to foreign and domestic workers, and the amount spent
What Is the National Stock Exchange of India Limited (NSE)? The National Stock Exchange of India Limited (NSE) is India’s largest financial market. Incorporated in 1992, the NSE has developed into a sophisticated, electronic market, which ranked fourth in the world by equity trading volume. Trading commenced in 1994 with the launch of the wholesale debt
What Is the National Association of Federally-Insured Credit Unions (NAFCU)? The National Association of Federally-Insured Credit Unions (NAFCU) is an industry trade group founded in 1967 to represent the interests of federal credit unions, and promote the success and efficiency of the industry. Its membership is made up of both large and small credit unions.
What Is The National Association of Personal Financial Advisors (NAPFA)? The National Association of Personal Financial Advisors (NAPFA) is a professional association for U.S.-based, fee-only financial advisors. Formed in 1983, NAPFA requirements include asking its members to adhere to the organization’s code of ethics and take an annual fiduciary oath. Members must provide independent, objective
