Electronic trading roots lead to modern day efficiencies

New York City’s Nasdaq exchange launched in 1971, bringing electronic trading to the world, and there are some old photos on their website of what HiTech looked like, back when HiFi was a new thing and WiFi was a long way off in the future.

Steve Oh, Head of ETF Listings and Business Development at Nasdaq, explains that the first ETF listing on the exchange was in 2002 and the business has grown as the adoption of ETFs has increased, having seen particular acceleration through the GFC. There are now approximately 400 listed ETFs on the platform across across 32 issuers, with total assets under management of over USD500 billion.

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Beverly Chandler
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