What is Nasdaq – Nasdaq stock exchange is denoted one of the largest species, the second-largest stock, and security exchange. Here all of the tradings takes place with the help of electronic mediums rather than working in the physical location between the traders. The Nasdaq market contains more growth-oriented ad tech-oriented businesses rather than other stock exchanges, even like the New York stock exchange. That is why this has become one of the preferable choices for investing.
What is Nasdaq and How does it work?
The Nasdaq stock exchange provided automated quotations to the traders from the very beginning. In most cases, they perform over-the-counter trading, and soon it has become one of the popular OTC markets, and it has mostly been referred to the media publications. Besides that, the market also generates trade and volume reports, and this is a platform that offers online trading that is so easy to access.
As a part of the dealer’s market, the whole trade will take place with the help of the dealers only, not with the help of the market makers. Directly with the help of an auction facility, the trading process took place.
Trading hours of the Nasdaq stock exchange
The trading timings of the NASDAQ are almost similar to the new york stock exchange as it remains open from 9:30 a.m. and 4 p.m. ET. Not just that, the stock exchange also offers pre-market and post-market hours where the pre-market hours start from 4 a.m. to 9:30 a.m. ET and post-market hours are from 4 p.m. to 8 p.m. ET.
Steps to start trading in Nasdaq
If you are a beginner who is willing to invest in the trading market and you are willing to start trading in the Nasdaq, these are some effective steps and tips that you can follow.
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Decide the amount you want
When you are taking help from Nasdaq, you need to make sure that you know the return amount you want from the trading. According to the trading amount you want, you need to invest in the Nasdaq. It will help you to get maximum returns, and it will be very effective for you in any situation.
Apply fo the opening of brokerage account
When you know the investment amount, it’s your turn to start a brokerage account. You need to apply for a brokerage account, and you will be able to start trading from this platform too.
Start funding the stock and start trading.
When you are taking help from Nasdaq, you first need to start fundings that can also help you start trading in the stock market, so this is another initial step that you need to take care of.
If you are a new investor who is willing to invest in the marketplace, they can take help from this article. It will be helpful for you to start your career in the stock market also. So, you can follow the steps and get results too.
Official Website: https://www.nasdaq.com/