
Futures tied to the Dow, as well as other leading indexes, declined early Wednesday as the market rebound fizzled out.
The NASDAQ Stock Market is an American stock exchange. It is the second-largest exchange in the world by market capitalization, behind only the New York Stock Exchange. The exchange platform is owned by The NASDAQ OMX Group, which also owns the OMX stock market network and several other US stock and options exchanges. In 2006, […]
The NASDAQ Stock Market is an American stock exchange. It is the second-largest exchange in the world by market capitalization, behind only the New York Stock Exchange. The exchange platform is owned by The NASDAQ OMX Group, which also owns the OMX stock market network and several other US stock and options exchanges. In 2006, the status of NASDAQ was changed from a stock market to a licensed national securities exchange. In 2013, NASDAQ was approached by private equity firm Carlyle Group about taking the exchange operator private, but the talks fell apart over a disagreement on price.
In October 2015, Nasdaq unveiled Linq, a solution enabling private companies to digitally represent share ownership using blockchain-based technology. On the surface, Linq’s ability to work as a secure and complex database is intriguing, but the capability and potential that lies beneath the surface is even more impressive. According to Alex Zinder, Director of Global Software Development at Nasdaq, blockchain technology can potentially play a significant role in improving information distribution.
Nasdaq recognizes that the scope of blockchain technology is in its infancy, and is not solely focused on Linq as the only application. One area of interest is the ability to control the level of information being distributed when implementing blockchain technology. According to Zinder, emerging concepts include “tokenization being leveraged on top of blockchain networks, and other innovative technologies that allow validation of data at scale without disclosing the information to validating parties.”
Futures tied to the Dow, as well as other leading indexes, declined early Wednesday as the market rebound fizzled out.
US indices posed a recovery on Tuesday, however, investor confidence hasn’t resumed as the health of the US economy looks bleak amid soaring inflation and quantitative tightening.
After last week’s bloodbath, US indices bounce back in early market trade on Tuesday. All eyes will be on the Fed meeting the U.S. Congress ahead of this week.