The slashes indicate the start and end of the regular expression.
The g at the end is a flag and indicates it is a global search.
From the docs:
Regular expressions have four optional flags that allow for global and
  case insensitive searching. To indicate a global search, use the g
  flag. To indicate a case-insensitive search, use the i flag. To
  indicate a multi-line search, use the m flag. To perform a "sticky"
  search, that matches starting at the current position in the target
  string, use the y flag. These flags can be used separately or together
  in any order, and are included as part of the regular expression.
To include a flag with the regular expression, use this syntax:
 var re = /pattern/flags;