What is ‘Japan Association Of Securities Dealers Automated Quotation – Jasdaq’
An electronic security exchange based in Tokyo, Japan. Originally an over the counter market, Jasdaq launched an electronic trading platform featuring an automated quotation system similar to the Nasdaq.
Explaining ‘Japan Association Of Securities Dealers Automated Quotation – Jasdaq’
In 1963, the Japan Securities Dealers Association created an over-the-counter system for security trading. In 1991, the association launched the Jasdaq system, which converted its current operations into an electronic security trading market. In 2004, the corporation changed its name to the Jasdaq Securities Exchange, and was formally recognized as a securities exchange.
Further Reading
- Meaningful Innovation in Corporate Activities from the Viewpoint of Financial Data – ieeexplore.ieee.org [PDF]
- The effect of inside and outside female directors on firm performance: comparison of the First section, Second section, Mothers, and Jasdaq in the Tokyo Stock … – link.springer.com [PDF]
- Analysts' awareness of systematic bias in management earnings forecasts – www.tandfonline.com [PDF]
- Why are IPOs underpriced? Evidence from Japan's hybrid auction-method offerings – www.sciencedirect.com [PDF]
