The exchange is a dealers market meaning.
Floor of the nasdaq.
The nasdaq also refers to an exchange where investors can buy and sell stocks.
This is because this security in the building products wood space is seeing solid.
The nasdaq as an electronic exchange has no physical trading floor but conducts all of its trades through a computer and telecommunications system.
All of its trades take place electronically through dealers rather than in a physical location directly between traders.
The nasdaq on the other hand does not have a physical trading floor at all.
The nasdaq is the second largest stock and securities exchange in the world behind only the new york stock exchange nyse.
Speedy and transparent system without the need for a physical trading floor.