The Market of Quality
NASDAQ® is home to over 3,200 companies that are changing the face of business and shaping our everyday lives. NASDAQ-listed companies are leaders in every market sector including technology, retail, communications, financial services, transportation, media and biotechnology. Throughout the years, NASDAQ has grown along-side our listed companies and today is the largest U.S. electronic stock exchange with the highest listings standards in the world.
NASDAQ has three market tier designations including the NASDAQ Global Select Market® — the market with the most rigorous financial and reporting listing standards of any securities market in the world. The sweeping changes of Regulation NMS will give preference to electronic orders. To remain competitive, the manual equity markets are quickly migrating to the electronic market model that NASDAQ developed. While our competitors are working through the implementation of their electronic market structures, NASDAQ is continuously innovating and improving the market structure it created over 35 years ago.
As the regulatory environment continues to drive the equity markets, NASDAQ believes that being listed on the market with the highest listing standards will be an increasingly important designation for investors and issuers. As the market with the highest listings standards for both value and growth stocks, NASDAQ continues to offer the best trading platform for all of its listed companies.
NASDAQ Markets
NASDAQ Global Select Market
The NASDAQ Global Select Market has the highest initial listing standards of any stock market in the world. A company must meet specific financial and liquidity requirements for initial listing and must continue to meet standards to maintain its listing on the NASDAQ Global Select Market.
NASDAQ Global Market
The NASDAQ Global Market, formerly the NASDAQ National Market®, has a new name that more accurately reflects the global leadership and international reach of this market and listed companies. A company must meet all initial listing criteria of one of the three listing standards for initial listing and must continue to meet standards to maintain its listing on the NASDAQ Global Market.
NASDAQ Capital Market
The NASDAQ Capital Market, formerly the NASDAQ SmallCap MarketSM, was renamed in 2005 to reflect the core purpose of this market — capital formation. A company must meet the minimum financial requirements for initial listing and must continue to meet standards to maintain its listing on the NASDAQ Capital Market.