From my perspective (law professor who writes in the securities
regulation area), one big positive of the change is that now both the
NYSE and NASDAQ can correctly be referred to collectively as â€œexchanges.â€? In past scholarship, Iâ€™ve struggled with the right collective termâ€”â€?exchangesâ€? was not technically correct and neither was â€œmarkets.â€?
Cite this Article
Bill Sjostrom, Nasdaq now officially an exchange, Truth on the Market (August 03, 2006), https://truthonthemarket.com/2006/08/03/nasdaq-now-officially-an-exchange/