High Return Investments

Nasdaq

Nasdaq, originally an acronym for National Association of Securities Dealers
Automated Quotations, is a stock market run by the National Association of
Securities Dealers. When it began trading on February 8, 1971, it was the
world's first electronic stock market. Since 1999, it is the largest
American stock exchange with over half the companies traded in the United
States listed. Nasdaq is made up of the Nasdaq National Market and the
Nasdaq SmallCap Market. The main exchange is located in the United States of
America with exchanges in Canada and Japan. They also have associations with
exchanges in Hong Kong and Europe.

Nasdaq allows multiple market participants to trade through its electronic
communications networks (ECNs) structure, increasing competition. The Small
Order Execution System (SOES) is another Nasdaq feature, introduced in 1984,
to ensure that in 'turbulent' market conditions small market orders are not
forgotten but are automatically processed. On July 17, 1995 the Nasdaq stock
index closed above the 1,000 mark for the first time. In 2002 NASDAQ adopted
Super Montage or SUMO, which allows market makers show up to 5 levels of
their prices. Eventually, SOES was replaced by SUMO.

Nasdaq was closed from September 11 to 14, 2001 as a result of the September
11, 2001 Terrorist Attack.

Financial Abbreviation: NASDAQ

Investment FreshNews:

G7 finance chiefs to meet Friday in Washington: Treasury (AFP via Yahoo! News)
Mon, 06 Oct 2008 17:42:02 GMT
The US Treasury said Monday that the finance chiefs of the Group of Seven industrialized nations will meet this week ahead of the annual meetings of the International Monetary Fund and the World Bank.

A.I.G. To Sell Thai Consumer Finance Unit (New York Times)
Mon, 06 Oct 2008 12:00:32 GMT
American International Group is to sell its Thai consumer finance businesses, including AIG Retail Bank and AIG Card, the head of the bank said on Monday.

European Finance Ministers Struggle to Agree on Crisis Response (Bloomberg)
Mon, 06 Oct 2008 22:37:24 GMT
Oct. 6 (Bloomberg) -- European finance ministers struggled to agree on a coordinated response to the global financial crisis after European stocks dropped the most since 1987.

Brazil to Use International Reserves to Finance Trade (Update1) (Bloomberg)
Mon, 06 Oct 2008 20:39:18 GMT
Oct. 6 (Bloomberg) -- Brazilian central bank President Henrique Meirelles , seeking to shore up confidence after stocks and the currency plunged, said the government will use its record international reserves to finance exports and ease a credit crunch.

Council delays vote on hiring new finance director requesting more background information (Macon Telegraph)
Tue, 07 Oct 2008 01:31:14 GMT
A Macon City Council committee today postponed its confirmation of Tom Barber as the city's next finance director.

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