The NASDAQ, short for National Association of Securities Dealers Automated Quotations, is an American stock exchange located in New York City. It is known for being the world’s first electronic stock market, where buyers and sellers trade securities through a computerized system. The NASDAQ is home to many technology companies and is often associated with high-growth and innovative industries. It is also known for its benchmark index, the NASDAQ Composite, which tracks the performance of more than 3,000 stocks listed on the exchange. The NASDAQ has played a significant role in shaping the global financial markets and continues to be a key player in the trading of equities and other financial instruments.