What is NASDAQ primarily known for?

NASDAQ is primarily recognized as a global marketplace for buying and selling securities. It is one of the largest stock exchanges in the world and is known for its electronic trading system, which allows investors to trade stocks and other financial instruments efficiently. Unlike traditional exchanges that operate through a physical trading floor, NASDAQ was the first electronic exchange, which has made it a pioneer in fostering innovative trading technologies.

In addition to its role as a marketplace, NASDAQ is also known for listing many of the world's leading technology companies and growth-oriented firms, which contributes to its reputation as a major financial hub. The diverse range of securities traded on NASDAQ includes stocks from various industries, making it a key player in global financial markets.

Other options provided relate to different aspects of financial markets, such as government bonds, commodities, and derivatives, which do not accurately define the core functions of NASDAQ. The primary emphasis on securities trading distinguishes it as a marketplace pivotal to investors and businesses alike.