What market type does NASDAQ serve?

NASDAQ primarily serves as a stock exchange for technology and growth-oriented companies, facilitating the buying and selling of securities. It operates as a dealer's market, where transactions occur through a network of dealers rather than a traditional auction system. This electronic marketplace is known for its high trading volume and offers a platform for both established firms and emerging startups. Additionally, NASDAQ includes various indices, such as the NASDAQ-100, which track the performance of its listed companies.