#NasdaqETFUpdate The National Association of Securities Dealers (Automated Quotations) is a stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and it ranks second on the list of stock exchanges by market capitalization of traded stocks, behind the New York Stock Exchange. The exchange platform is owned by Nasdaq, Inc. (which the exchange also lists; ticker symbol NDAQ), which also owns the Nasdaq Nordic stock exchange and several options and stock exchanges. While it trades stocks from companies in healthcare, finance, media, entertainment, retail, hospitality, and food, it focuses more on stocks. The exchange is composed of both U.S. and foreign companies, with China and Israel being the largest foreign sources.