Is the nasdaq a fund or a trading platform

Nasdaq is a trading platform, not a fund. It is an online global marketplace for buying and trading securities, including stocks, derivatives, fixed income, and commodities.

1. **Functionality**: Nasdaq operates as an electronic exchange, allowing buyers and sellers to interact and execute trades through a computerized system. It provides real-time quotes, market data, and trading facilities for a wide range of securities.
2. **Market Segments**: Nasdaq comprises three tiers: the Nasdaq Global Select Market, the Nasdaq Global Market, and the Nasdaq Capital Market. The highest tier, the Nasdaq Global Select Market, lists large-cap stocks with the least stringent listing requirements. The Nasdaq Global Market lists mid-cap stocks, and the Nasdaq Capital Market is for smaller companies with less stringent requirements.
3. **Listing Requirements**: Companies listed on Nasdaq must meet certain financial, governance, and liquidity standards. They must have a minimum bid price of $1.00, a minimum closing price of $1.00, and a minimum market capitalization of $50 million.
4. **Technology**: Nasdaq's trading technology is used by over 100 exchanges in 50 countries, demonstrating its global reach and influence.
5. **Financial Performance**: Nasdaq is the most active stock trading venue in the U.S. by volume and is the second-largest stock exchange by market capitalization, behind the New York Stock Exchange (NYSE).