NASDAQ is the short form of National Association of Securities Dealers Automated Quotations, while NYSE is the short form of the New York Stock Exchange. Both NASDAQ and NYSE share some similarities because they are both into the trading and offering of many sophisticated and expensive services. They are both into stock exchange services. However, there are some differences between them. NASDAQ is an organization of companies that are providing, technology, electronics, and internet-based services.
NYSE, on the other hand, is an organization of both old and big companies with a lot of industries. Another difference is their approach to business. NASDAQ is operating a dealer's market, and this means the buyer and seller will not have any contact with each other, and NASDAQ is just acting as the middle man. NYSE, on the other hand, allows a kind of direct transaction between a potential buyer and a seller. Volatility is another factor; NASDAQ stocks are more volatile compared to NYSE stocks.