Innovation & Technology | Speed & Performance | Leadership & Visibility | Market Intelligence Since its inception in 1971, NASDAQ has led the way in defining what a stock market can be. At that time, every market in the world was floor based. Over the years, NASDAQ’s superior competitive electronic market model has become the standard that all major markets in Europe, Asia and the U.S have followed. Thriving on competition, NASDAQ committed itself to continuous innovation in both trading technology and the service and value of its listing product. Today NASDAQ remains at the forefront of the global securities markets. NASDAQ is the largest U.S. electronic stock market. With approximately 3,200 companies, it lists more companies and, on average, trades more shares per day than any other U.S. market. It is home to companies that are leaders across all areas of business including technology, retail, communications, financial services, transportation, media and biotechnology. As a result of years of focused trading system development, NASDAQ is not only the primary market for trading NASDAQ-listed stocks, it is also number one broker-dealer on the floor of the NYSE. Beyond technological innovations, NASDAQ has redefined the stock market listing product, providing the highest quality service, visibility and value to issuers. In 2000, NASDAQ defied the conventional wisdom of Wall Street and opened the NASDAQ MarketSite in the heart of Times Square. This high-profile venue for opening and closing the market every day continues to be a great source of visibility and exposure for NASDAQ issuers. Recently, NASDAQ has expanded on this idea and held Opening and Closing Bell Ceremonies celebrating issuer milestones and commemorating other special events in remote locations throughout the world. NASDAQ believes that a listing fee should be more than just a “membership” fee. As such, NASDAQ has a long history of making robust services available to its listed companies as a benefit of listing. Through NASDAQ Corporate Services, NASDAQ-listed companies receive a package of value-added products and services that assist them with market intelligence, compliance, shareholder communications and visibility objectives. In addition, NASDAQ Corporate Services provides companies with access to a portfolio of exceptional services and information programs geared to add value in all stages of accessing the public capital markets. Through these innovations NASDAQ has uniquely positioned itself to be a true business partner to its listed companies, helping them be the best public companies they can be in the most efficient and cost-effective ways possible. NASDAQ has always been the market of innovation and will continue to improve its world-class listing platform, corporate services and customer service for the benefit of our listed companies and their investors.