"First I'm going to tell you what it is," Maria says, "before I tell you what it stands for, because when I tell you what it stands for it actually sounds a lot more complicated than what it is. All it is is an electronic computer system where brokers and dealers will buy or sell stocks. Just like you buying or selling something on eBay, you can buy or sell stocks on NASDAQ.
"What does it stand for? National
Association of Securities Dealers Automated Quote System."