International Business, 3rd Edition

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Chapter 12

∗ NASDAQ, which was founded in 1971, stands for National Association of Securities Dealers Automated Quotations. It is the largest electronic screen-based equity securities trading market in the United States. With approximately 3,700 companies and corporations, it has more trading volume than any other stock exchange in the world. Its total market value is estimated at around $4.5 trillion. It is owned and operated by the NASDAQ OMX Group.

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