Tel: 1 212 401 8700



Chief Executive Officer : Mr. Robert Greifeld

Vice Chairman : Mr. Sandy Frucher


Types of Securities Traded Name of Trading Systems (cash and derivatives) Trading Hours
Shares Screen-based Quote System with Automated Execution System. There are two systems in NASDAQ : the Small Order Execution System (SOES), for automatic execution of small orders (up to 1 000 shares), and SelectNet for negotiated transaction and electronic executions. 9:30 - 16:00


Supervisory Body

Securities & Exchange Commission (SEC)

Name of Clearing & Settlement Organization

National Securities Clearing Corporation (NSCC) & Depository Trust Company (DTC)

Settlement Cycle

T + 3

Name of Central Securities Depository

Depository Trust Company (DTC)

Commissions on Transactions levied by Exchange

No Stamp duty & transfer taxes on transfer taxes on transactions.

Taxes on Dividends, Interests

15 % - 28 % (treated as ordinary income)



This page was last updated on: 01/22/2013 - 15:04