UTICA — ConMed Corp. President Joseph Corasanti will ring the opening bell Wednesday morning at the NASDAQ stock exchange to celebrate the company’s 25th year of being listed on the exchange.
Utica–based ConMed (www.conmed.com) manufactures surgical devices and equipment for minimally invasive procedures and patient monitoring. The company employs about 3,400 people worldwide.
NASDAQ, which began 40 years ago as the National Association of Securities Dealers (NASD), operates 24 markets, three clearing houses, and five central securities depositories across six continents. Of NASDAQ’s 24 markets, 18 of them trade equities while the remaining six trade options, derivatives, fixed income, and commodities.
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In 2006, NASDAQ (National Association of Securities Dealers Automated Quotation) completed its separation from NASD and joined with Scandinavian exchange group OMX in 2007 to become The NASDAQ OMX Group (www.nasdaqomx.com).
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