Nasdaq
Some of the key events about Nasdaq
- 1971Became the world's first electronic stock market
- 1987Introduced the Small Order Execution System (SOES) to improve trading efficiency
- 1987Experienced a significant market crash known as "Black Monday"
- 1994Faced criticism for inadequate oversight of market makers
- 1998Merged with the American Stock Exchange (AMEX) to expand its market reach
- 2000Became a publicly traded company through its own initial public offering
- 2000Investigated for alleged price-fixing and collusion among market makers
- 2001Suffered reputational damage due to the dot-com bubble burst
- 2002Launched the Market Intelligence Desk to provide real-time market analysis
- 2003Settled charges of failing to deliver best execution to customers
- 2006Acquired the Philadelphia Stock Exchange to enter the options market
- 2006Fined for failing to produce email records during investigations
- 2007Purchased the Boston Stock Exchange to further expand its market presence
- 2008Acquired the Philadelphia Board of Trade to enter the futures market
- 2010Experienced the "Flash Crash" causing a brief but severe market plunge
- 2012Faced technical glitches during Facebook's initial public offering
- 2013Completed the acquisition of Thomson Reuters' investor relations business
- 2013Halted trading for three hours due to a technical malfunction
- 2015Acquired Dorsey, Wright & Associates to enhance its index business
- 2018Paid $26.5 million to settle charges of market surveillance deficiencies
Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.
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23andMe faces turmoil as seven board members resign amid financial struggles. CEO Anne Wojcicki considers privatization while the company grapples with plummeting stock value and potential Nasdaq delisting.
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A federal judge dismissed a lawsuit against Icahn Enterprises, rejecting claims of share price manipulation through high dividends. Investors have been given an opportunity to amend their complaint.
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Asian shares rise, buoyed by Wall Street's tech-driven rally. Japan's Nikkei 225 soars 2.8% amid currency fluctuations and concerns over Nippon Steel's U.S. acquisition bid.
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India is expected to retract a $4 billion tax demand from Infosys following industry criticism. The decision, likely to be formalized on September 9, may also affect similar notices to foreign airlines.
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Asian stock markets showed mixed performance as investors anticipate Federal Reserve Chair Jerome Powell's speech at Jackson Hole. Japan's central bank hints at potential gradual interest rate increases.
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Asian markets show mixed performance as Japan's PM announces departure. U.S. stocks rally on positive economic data, while investors await further inflation reports and retail spending updates.
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