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NASDAQ is the primary market for trading NASDAQ-listed stocks (Wikipedia, 2006).
Similarities and Differences
One similarity between Amex and NASDAQ is that they both indeed buy and sell stocks, but that seems to be where the similarities end.
In 1998 the National Association of Securities Dealers (operators of NASDAQ) merged with AMEX to create "The NASDAQ-Amex Market Group"...
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NASDAQ was expected to play a key role in AMEX's technology evolution and a plan was outlined plan to develop a customized, rules-based version of its electronic limit order book for the AMEX's equity auction environment (Sales, 2001). But after NASDAQ decided to "demutualize" and AMEX was free to choose their own technology, AMEX and NASDAQ began to part ways...
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