What characterizes NASDAQ in terms of trade execution?

The characteristic that defines NASDAQ in terms of trade execution is that trades are made via computer. NASDAQ operates as a fully electronic market, where all transactions and executions occur through electronic trading systems rather than traditional methods like physical trading floors or phone transactions. This technology-driven approach facilitates faster and more efficient trade execution, which is one of the key advantages of trading on NASDAQ compared to other exchanges.

This electronic trading system allows for greater transparency and better price discovery, enabling investors to place trades quickly and access real-time market data. In contrast to methods that involve in-person or telephone trade execution, the computerized environment of NASDAQ exemplifies modern trading practices, significantly enhancing the trading experience for participants.