ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Trading on the NASDAQ Because it is an electronic exchange, the NASDAQ offers no trading floor. The exchange itself is a dealers’ market, so brokers buy and sell stocks through a market maker rather than from each other directly.

Detailed explanation-2: -Exchanges provide companies with the opportunity to grow and flourish in the United States and around the world. Nasdaq, the first electronic stock exchange, was founded in 1971.

Detailed explanation-3: -However, trading floors are still present in the facilities of two of the biggest stock exchanges; the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

Detailed explanation-4: -A trading floor refers to a physical area wherein trading activities in financial instruments, such as equities, fixed income, futures, and options, take place. Trading floors are situated in the buildings of various exchanges, such as the New York Stock Exchange (NYSE) and the Chicago Board of Trade (CBOT).