Wall Street Journal : NYSE & Stock Market

Wall Street Journal - Why NYSE Stock Market Meltdown shut down todayThe New York Stock Exchange (NYSE), sometimes known as the "Big Board",[4] is an American stock exchange located at 11 Wall Street, Lower Manhattan, New York City, New York, United States. It is the world's largest stock exchange by market capitalization of its listed companies at US$19.69 trillion as of May 2015. The average daily trading value was approximately US$169 billion in 2013.

The NYSE trading floor is located at 11 Wall Street and is composed of 21 rooms used for the facilitation of trading. A fifth trading room, located at 30 Broad Street, was closed in February 2007. The main building, located at 18 Broad Street, between the corners of Wall Street and Exchange Place, was designated a National Historic Landmark in 1978, as was the 11 Wall Street building

The NYSE is owned by Intercontinental Exchange, an American holding company it also lists (NYSE: ICE). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with the fully electronic stock exchange Euronext. NYSE and Euronext now operate as divisions of Intercontinental Exchange. The NYSE has been the subject of several lawsuits regarding fraud or breach of duty and was sued by its former CEO for breach of contract and defamation.

The Wall Street Journal is a New York-based English-language international daily newspaper with a special emphasis on business and economic news. A stock market or equity market is the aggregation of buyers and sellers (a loose network of economic transactions, not a physical facility or discrete entity) of stocks (also called shares); these may include securities listed on a stock exchange as well as those only traded privately.

Related Posts Plugin for WordPress, Blogger...