Standards
The NASDAQ has over the years put in place a series of stringent standards that companies must meet before being included in the index. Those standards include the following:
- Being listed exclusively on NASDAQ in either the Global Select or Global Market tiers.
- Being publically offered on an established American market for three months.
- Having average daily volume of 200,000 shares.
- Being current in regards to quarterly and annual reports.
- Not being in bankruptcy proceedings.
Additionally, companies with multiple classes of stock are only allowed to have one class included in the index (usually the largest class in terms of market capitalization).
Read more about this topic: NASDAQ-100
Famous quotes containing the word standards:
“If one doesn’t know one’s own country, one doesn’t have standards for foreign countries.”
—Johann Wolfgang Von Goethe (1749–1832)
“Men are rewarded for learning the practice of violence in virtually any sphere of activity by money, admiration, recognition, respect, and the genuflection of others honoring their sacred and proven masculinity. In male culture, police are heroic and so are outlaws; males who enforce standards are heroic and so are those who violate them.”
—Andrea Dworkin (b. 1946)
“Barbarism is the absence of standards to which appeal can be made.”
—José Ortega Y Gasset (1883–1955)