The NASDAQ was initially created to allow investors to trade securities on a "computerized, speedy, and transparent system". In what year did it launch?

NASDAQ's first trading day was February 8, 1971. Because it was quick, it soon helped to lower the bid–ask spread, which is the difference between the price offered to sellers and buyers. It wasn't very popular at first because it reduced traders' profits. But soon it became a thriving exchange.

Asked by Tom Cohen · Last updated 5 years ago · 1.2K views