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Final answer:
The NASDAQ is an electronic stock market founded in 1971 with no physical trading floor and around 3,600 listed companies. Stock exchanges provide venues for trading securities and stocks, charging fees for services rendered. Automated electronic systems in modern stock markets streamline financial transactions and record-keeping processes.
Explanation:
NASDAQ is an electronic stock market that was founded in 1971. It allows people to buy or sell stocks from various locations without a physical trading floor, with about 3,600 companies listed.
Stock exchanges are venues where buyers and sellers meet to trade securities and stocks. These exchanges facilitate the trading of company shares and securities for a fee.
Modern stock markets employ automated electronic systems using complex machines and computers to record trades, calculate financial details, and handle transactions efficiently, making trading more accessible and prompt.
Learn more about NASDAQ and Stock Exchanges here:
https://brainly.com/question/34667850
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