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Before NASDAQ was there a company that handled/kept track of stocks etc.?
jeff410
December 23rd, 2009 at 6:18 pm
Before then most of the trading was done over the phone, and even after the NASDAQ was created. The electronic system known as the NASDAQ just connected all the market makers together. It also naturally helped to narrow the spreads.
1 Response to Does anyone know what company took care of the stock quotes/records prior to NASDAQ?
jeff410
December 23rd, 2009 at 6:18 pm
Before then most of the trading was done over the phone, and even after the NASDAQ was created. The electronic system known as the NASDAQ just connected all the market makers together. It also naturally helped to narrow the spreads.