NASDAQ Full Form: National Association of Securities Dealers Automated Quotations
What is Nasdaq?
NASDAQ is an American stock exchange, a global electronic marketplace for buying and selling securities. It was established in 1971 and has since become the world's second-largest stock exchange, behind the New York Stock Exchange (NYSE).
It is a global exchange, with around 3000 companies from many different industries including technology, retail, biotechnology, energy, financial services, and more. NASDAQ is open from 09:30 am to 04:00 pm EST Monday through Friday and offers real-time trading in stocks through its electronic communication networks (ECNs).
Benefits of investing in NASDAQ
Investing in Nasdaq can be a great opportunity for any investor looking to increase their wealth. With almost 3,000 listed companies, there are many different options to choose from with varying levels of risk and reward. The low fees associated with investing in Nasdaq are also a major plus, as they can be significantly lower than those found on major stock exchanges.
One major benefit of doing so is fractional buying, which allows you to buy fractional shares of stocks rather than whole shares. This can make it easier and less expensive to build your portfolio over time since fractional shares often cost much less than full ones. Additionally, with the wide range of stocks available on Nasdaq, investors have the freedom to diversify their investments based on their risk tolerance or interests. The opportunities are almost endless if you choose to invest in Nasdaq as part of your overall financial strategy.
NASDAQ opening time in India
NASDAQ trading hours are based on Eastern Standard Time (EST), which is five hours behind Indian Standard Time (IST). This means that when the NASDAQ opens at 9:30 AM EST, it is 2:00 PM IST in India.
However, it's important to note that while the NASDAQ's trading hours are 9:30 AM to 4:00 PM EST, Indian investors cannot directly buy or sell shares on the NASDAQ. They would need to do so through a broker or other intermediary who has access to the exchange.