Nasdaq SmallCap Market Financial Glossary

What is it? The Nasdaq SmallCap Market comprises of over 1,400 companies that want the sponsorship of market makers, have applied for listing and meet specific and financial requirements. Once a company is approved and listed on this market, market makers are able to quote and trade the companys securities through a sophisticated electronic trading and surveillance system. The Nasdaq SmallCap Market operates from 930 A.M. to 400 P.M. EST., with extended trading in SelectNet from 800 A.M. to 930 A.M. EST and from between 400 P.M. and 515 P.M. EST.

Finance Term Definition Added By: Cooper

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