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Wednesday, March 06, 2013 8:33:38 AM
Effective July 1, 2006 and pending Secu
rities and Exchange Commission (SEC)
approval, NASDAQ
®
is reclassifying its listing
s into three market tier
designations:
•
The NASDAQ Global Select Market
is being created for companies that
meet the most stringent in
itial financial listing
standards ever set by a
stock market.
•
The NASDAQ Global Market
SM
, formerly the NASDAQ National Market
®
,
has a new name that more accurately
reflects the global leadership and
international reach of our mark
et and our listed companies.
•
The NASDAQ Capital Market
®
,
formerly The NASDAQ SmallCap Market,
was renamed in 2005 to reflect the core
purpose of this market which is
capital raising.
As a market for both value and growth stocks, NASDAQ will continue to offer the
best trading platform for all of our list
ed companies in the NASDAQ Capital
Market, NASDAQ Global Market and
NASDAQ Global Select Marke
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