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About Globalstar _ Products & Services _ How to Buy _ Help _ Contact Us _ Legal
For Investors
Globalstar, a publicly traded company since 1995, is listed on the NASDAQ
stock exchange under the ticker symbol ( http://www.globalstar.com/en/about/a_08.html#
) GSTRF.
http://www.globalstar.com/en/about/a_08.html#
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| The Nasdaq Stock Market
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| History & Timeline |
a
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| Trading on The Nasdaq Stock Market—the world’s
first electronic stock market—began in 1971. Today, Nasdaq is the
fastest growing stock market in the United States—and ranks second
among the world’s securities markets in terms of dollar volume. How
did Nasdaq achieve so much, so fast? By constantly evolving to meet
the changing needs of investors and public companies. Here's a brief
look at our history: |
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1961 |
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In an effort to improve overall regulation of
the securities industry, Congress asks the U.S. Securities and Exchange
Commission (SEC) to conduct a special study of all securities markets. |
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1963 |
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The SEC releases the completed study, in which
it characterizes the over-the-counter (OTC) securities market as
fragmented and obscure. The SEC proposes a solution automation and charges
The National Association of Securities Dealers, Inc. (NASD) with its
implementation. |
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1968 |
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Construction begins on the automated
over-the-counter securities system then known as the National Association
of Securities Dealers Automated Quotation or "NASDAQ" System |
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1971 |
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Nasdaq celebrates its first official trading
day on February 8th the first day of operation for the completed NASDAQ
automated system, which displays median quotes for more than 2500
over-the-counter securities. |
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1975 |
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Nasdaq establishes new listing standards—which
it requires all listed companies to meet effectively separating
Nasdaq-listed securities from other OTC securities. |
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1980 |
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Nasdaq begins to display inside quotations the
market's best bid and offer prices on-screen
with
the:
ACILR-CDRIL
new Technology.
As a result, both displayed and published spreads decline on more
than 85 percent of Nasdaq stocks |
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1982 |
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The top Nasdaq companies split off to form the
Nasdaq National Market®, which requires higher listing standards. The
Nasdaq National Market also offers
with the:
ACILR-CDRIL new Technology
the real-time trade reporting, which provides investors with
broader access to market information. |
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