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Article: NASDAQ: capitol's secret may be wave of the future. (trading on NASDAQ)
- Article from:
- Daily News Record
- Article date:
- July 29, 1987
- Author:
CopyrightCOPYRIGHT 1987 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NASDAQ: Capitol's Secret May Be Wave of the Future
In this city of secrets, some joke that the National Association of Securities Dealers Automated Quotations system is one of the best kept of them all.
Washington, after all, is the center of political power, not commerce. But a lot of apparel designers and manufacturers, such as Nike, Oshkosh B'Gosh and Liz Claiborne, see it differently. They have found that trading their stock over the Washington-based market is good business.
NASDAQ, as it is known, is the third largest stock exchange in the world--only the New York and the Tokyo exchanges are larger. Yet because it is based in Washington ...