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The WFE is the association of 54 regulated exchanges around the world. We develop and promote standards in markets.
Member Exchanges
NASDAQ OMX
Tel: 1 212 401 8700
Representatives
Chief Executive Officer : Mr. Robert Greifeld
Vice Chairman : Mr. Sandy Frucher
- * - Half trading day (Short trading day) |
- ** - To replace a public holiday that falls on a Sunday |
- *** - Close early |
- **** - Will close at 1.00pm
- ο - Subject to the appearence of the moon |
- † - Subject to change |
- (I) - Weekends in Iran : Every Thursday & Friday
- (II) - Weekends in Israel : Every Friday & Saturday |
- (III) - In Malaysia, Saturday & Sunday are non-trading days
| 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)