The New York Stock Exchange (NYSE), popularly known as “Big Board,” is located in New York City. It is the major stock exchange in the world by dollar volume and second in importance by number of enrolled companies.The NYSE is controlled by NYSE Group, which was established with the amalgamation of a fully electronic stock exchange, Archipelago Holdings.
The trading floor of the New York Stock Exchange is situated at 11 Wall Street. The main building is enrolled on the National Register of Historic Places and is situated at 18 Broad Street.
History and Origin of the New York Stock Exchange
On May 17, 1792, the beginnings of the NYSE can be traced to twenty-four stock brokers who signed the Buttonwood Agreement. The agreement took place under a buttonwood tree near the outside of 68 Wall Street in New York.
On March 8, 1817, the organization outlined a constitution, and became known as the “New York Stock and Exchange Board”.In 1863, this name was edited and became known as The New York Stock Exchange. In 1817, NYSE’s first central trading place (one room) was situated at 40 Wall Street.
In the years between 1896 and 1901, the share trading operation increased. On April 22, 1903, the New York Stock Exchange building opened at 18 Broad Street.
This building was registered as a historical landmark and was added to the National Register of Historic Places.In 1922, a building became available at 11 Broad Street for offices, and a new trading floor known as “the garage” cqme into being.
Extra trading floor space was added in 1969, and in 1988 (the “blue room”)was added, which included the latest technology and communication information display.
In 2000, a new trading floor was opened at 30 Broad Street, which was closed in early 2006 with the advent of the Hybrid Market. The Hybrid Market made it possible for a larger proportion of trading to be implemented automatically.
NYSE US 100
NYSE World Leaders
NYSE International 100
NYSE Arca Tech 100
NYSE IPOX U.S. Index
NYSE IPOX Composite Index
NYSE TMT NYSE Health Care
Dow Jones Industrials
In the 1990s, the NYSE share volume was surpassed by NASDAQ. In terms of total market capitalization, the enrolled companies on the NYSE were five times higher than enrolled companies on NASDAQ. The New York Stock Exchange has a worldwide capitalization of $21 trillion, with $7.1 trillion in non-U.S. companies.
Major Companies listed in New York Stock Exchange
The Coco-Cola Company
Eastman Chemical Company
American Standard Companies
Bank of New York
Colgate – Palmolive
JP Morgan Chase
US Airways Group
The New York Stock Exchange
NYSE Group, Inc.
11 Wall Street
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