NASDAQ STOCK MARKET
\nˈasdak stˈɒk mˈɑːkɪt], \nˈasdak stˈɒk mˈɑːkɪt], \n_ˈa_s_d_a_k s_t_ˈɒ_k m_ˈɑː_k_ɪ_t]\
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Major US over-the-counter (OTC) electronic stockmarket owned by National Association of Securities Dealers (NASD). This market now includes American Stock Exchange (AMEX) and Philadelphia Stock Exchange (PHLX), and operates London-based NASDAQ International Ltd. that allows non-US firms to be listed through American Depository Receipts (ADRs). It has two major components: (1) NASDAQ National Market listing about 4,500 top-sized US corporations, and (2) NASDAQ SmallCap Market listing about 2,000 rapidly growing smaller US firms.
By Henry Campbell Black
Word of the day
Procollagen Proline Dioxygenase
- mixed-function oxygenase that catalyzes hydroxylation prolyl-glycyl-containing-peptide, usually in protocollagen, hydroxyprolylglycyl-peptide. The enzyme utilizes molecular oxygen with a concomitant oxidative decarboxylation of 2-oxoglutarate to succinate. EC 1.14.11.2.
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