What is the 'Nasdaq National Market Securities - Nasdaq-NM'

The NASDAQ National Market Securities - Nasdaq NM is the market comprising more than 3000 companies that have a national or international shareholder base, meet stringent financial requirements and agree to specific corporate governance standards. The NASDAQ National Market is what most people refer to when they think about NASDAQ.

BREAKING DOWN 'Nasdaq National Market Securities - Nasdaq-NM'

To initially list on the NASDAQ National Market system, companies are required to have significant net tangible assets or operating income, a minimum public float of 1,100,000 shares, at least 400 shareholders and a bid price of at least $4.

Smaller companies that do not qualify for the NASDAQ National Market trade on the NASDAQ Capital Market. To list on the NASDAQ Capital Market, companies are required to have a net income standard of $750,000, a minimum public float of 1,000,000 shares, at least 300 shareholders, and a bid price of at least $4.

About NASDAQ

NASDAQ is an acronym for National Association of Securities Dealers Automatic Quotation System, which is an electronic stock exchange system providing OTC stock quotes to the public. Currently, more than 4000 common stock issues are actively traded on the NASDAQ system.

NASDAQ is the largest electronic stock exchange in the world, and the second largest in the U.S., after the New York Stock Exchange. Established in 1971 as successor to OTC curb trading, NASDAQ has the highest trading volume of any exchange in the world, which typically results in a more volatile trading environment than most traditional stock exchanges. In June 2006, NASDAQ became recognized as a stock exchange by the SEC.

Now a standalone corporation, NASDAQ, Inc. was originally owned by the National Association of Securities Dealers, which eventually merged with the NYSE regulatory board to become became the Financial Industry Regulatory Authority.  

In addition to the NASDAQ stock market, as of 2018, NASDAQ, Inc. is also the owner and operator of several stock exchanges in Europe, including the Armenian Stock Exchange, the Copenhagen Stock Exchange, the Iceland Stock Exchange, the Riga Stock Exchange, and the Tallin Stock Exchange. NASDAQ, Inc. also owns and operates the NASDAQ OMX Group, which owns and operates stock exchanges based in Helsinki, Stockholm and Vilnius, Lithuania.

RELATED TERMS
  1. Nasdaq

    Nasdaq is a global electronic marketplace for buying and selling ...
  2. Nasdaq Capital Market

    The Nasdaq Capital Market is a listing tier for small cap companies. ...
  3. Member

    A member is a brokerage firm (or broker) holding membership on ...
  4. FTSE NASDAQ 500 Index

    The FTSE NASDAQ 500 is one of four indexes in the FTSE NASDAQ ...
  5. Listing Requirements

    Listing requirements comprise the various standards established ...
  6. Listed

    Listed is the status of being included and traded on a given ...
Related Articles
  1. Investing

    How Nasdaq Continues To Innovate

    For centuries, a stock market was a physical arena where buyers and sellers traded shares. Then the NASDAQ opened and changed everything.
  2. Insights

    How Nasdaq Makes Money

    NASDAQ provides a marketplace which offers money-making opportunities to investors. Investopedia explains how NASDAQ makes money.
  3. Insights

    The NYSE and Nasdaq: How They Work

    Learn some of the important differences in the way these exchanges operate and the securities that trade on them.
  4. Investing

    Why Do Companies Choose NASDAQ for Their IPO?

    The NYSE is known for its prestige so why do some companies opt to list on the NASDAQ instead?
  5. Tech

    Nasdaq CEO Hints at Future Cryptocurrency Exchange

    Nasdaq may consider becoming a cryptocurrency exchange, pending regulation.
  6. Investing

    Top 4 ETFs to Track the Nasdaq as of July 2018

    Investors seeking exposure to the tech sector may want to check out these Nasdaq ETFs.
  7. Investing

    Opko Health Is Jumping to the Nasdaq

    In a fairly rare instance of market-hopping, biopharma company Opko Health (NYSE: OPK) is soon to be listed on a new bourse. The company announced that its shares will move from Intercontinental ...
  8. Investing

    Stock Exchanges Around The World

    We tell you about five of the most popular stock exchanges from around the globe.
RELATED FAQS
  1. How do I invest in the Nasdaq or the NYSE? Is it even possible? Would I want to? ...

    The Nasdaq and the NYSE are stock exchanges that trade securities. Nasdaq stands for National Association of Securities Dealers ... Read Answer >>
  2. On what days are the American stock exchanges closed?

    Similar to most businesses, the major stock markets in North America are open for trading on normal business days only (excepting ... Read Answer >>
  3. How can I identify stocks that also trade as options?

    The easiest way to find out which stocks also trade as options is to visit exchange websites. Read Answer >>
  4. Can stocks be traded on more than one exchange?

    A stock can trade on any exchange on which it is listed. A company can list its shares on more than one exchange, in a dual ... Read Answer >>
  5. What is the difference between the bond market and the stock market?

    The bond market is where investors go to trade debt securities, while the stock market is where investors trade equity securities ... Read Answer >>
  6. What is the QQQ ETF?

    Learn about the PowerShares QQQ ETF, including what sectors are included in the exchange-traded fund and the top 10 holdings. Read Answer >>
Trading Center