This chapter discusses the value of information. What types of information are handled through Nasda

The purpose of this question is to have students focus on the “information” aspect of IS. The most critical components of information handled through Nasdaq systems are the security name, price, seller, buyer, and time of the trade. One interesting characteristic is that this information is constantly changing. For example, from one moment to the next, the price of a security will change and the seller willing to sell the security at that price will change. Nasdaq customers create value based on access to timely information, as a customer may want to buy at a certain price, sell at a certain price, or transact on an exchange with a certain level of commission.