NASDAQ is the abbreviation of National Association of Securities Dealers Automated Quotations. It was established in 1971 and is the first electro-security market. It is now the biggest invisible market in the world. NASDAQ is composed of national market and small capital market. The former face to the big enterprises in the world and those enterprises developed from small capital market. The latter face to the middle and small enterprises that are developing rapidly. The high-tech enterprises take a big portion of it.
NASDAQ played a very imported role in the development of high-tech industry of America. It bred lots of high-tech giants, such as Microsoft, Intel, Apple, Dell, Netscape, Amazon, etc. According to the statistics, most of the listed company of high-tech industry of America are also th e listed company in NASDAQ