Multiple choice general knowledge

You know NASDAQ right. Whats the full form of NASDAQ

  1. National Association of Dealers Automated Quotes

  2. National Association of Securities Dealers

  3. North American Association of Securities Dealers Automated Quotes

  4. National Association of Securities Dealers Automated Quotes

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

NASDAQ stands for 'National Association of Securities Dealers Automated Quotations'. It was founded by the National Association of Securities Dealers (NASD) and is now owned by NASDAQ, Inc. The 'Q' stands for Quotations, not Quotes.

AI explanation

NASDAQ stands for National Association of Securities Dealers Automated Quotations, originally created by the NASD to provide an automated quotation system for over-the-counter securities trading. The similar-sounding distractors swap words like 'Dealers' for 'Securities Dealers' or add 'North American,' which don't match the actual official name.