He was a Spanish minister in Washington who wrote a private letter to a friend concerning President McKinley (called him basically useless and indecisive) The discovery of his letter strained Spanish-American relations, which helped initiate the Spanish-American War.
Nasdaq was created by the National Association of Securities Dealers (NASD) to enable investors to trade securities on a computerized, speedy and transparent system, and commenced operations on February 8, 1971.he term âNasdaqâ is also used to refer to the Nasdaq Composite, an index of more than 3,000 stocks listed on the Nasdaq exchange that includes the worldâs foremost technology and biotech giants such as Apple, Google, Microsoft, Oracle, Amazon, Intel and Amgen. Next Up.
NASDAQ History. As a result of the SEC study, the National Association of Securities Dealers, or NASD, founded the National Association of Securities Dealers Automated Quotations, or NASDAQ in 1971.The NASDAQ succeeds in providing a marketplace for OTC securities via a computerized trading system without a physical exchange floor.oday, most Americans are familiar with the three major U.S. stock exchanges, the New York Stock Exchange, the American Stock Exchange and the NASDAQ. However, most people don't know much about how the NASDAQ came to be, nor about its road to becoming a full-fledged national securities exchange 35 years later.