Nasdaq is a technology company. You need to know how to get up and running.
So Nasdaq is based in San Francisco, California. This means Nasdaq is actually headquartered in the same city that is home to one of the largest tech companies in the world. In this case it’s Apple. The tech giant has been the top tech company in the world for about 15 years now, and has been doing really well. However, that’s not the part that most people are interested in.
In the tech world, Nasdaq has a lot of clout. When Nasdaq first started it had a much smaller network of companies than today. Today it has more than 1,500 companies based out of its offices in the Bay Area. In addition to having a lot of companies in San Francisco, Nasdaq also has offices in the New York City, Seattle, and Dallas. And this is where our story begins.
Nasdaq is a stock exchange that tracks companies that are traded on the NYSE. The companies listed on the NYSE are listed by the companies themselves, and the companies listed on Nasdaq are in the same company group as the companies listed on NYSE. But on the NYSE, all the companies are listed by the NASDAQ. That means that the Nasdaq companies are listed and traded on the Nasdaq, and the NYSE companies are listed but not traded on the NYSE.
You can think of Nasdaq and NYSE as essentially two different universes. But as you can see, there are some similarities. Nasdaq is the world of the market participants, and NYSE is the world of the investors.