New York Stock Exchange (NYSE),
Definition of New York Stock Exchange (NYSE):
Located on Wall Street in New York City, the NYSE—also known as the "Big Board"—is made up of 21 rooms that are used to facilitate trading. The main building, located at 18 Broad Street, and the one at 11 Wall Street, were both designated historical landmarks in 1978. The NYSE is the world’s largest stock exchange by market capitalization, estimated to be $28.5 trillion as of June 30, 2018. .
Oldest US stock exchange and largest in the world in terms of dollar volume and second largest in number of companies listed, founded in 1792 and located on the Wall Street in New York City. Although its daily share volume (now over $3 billion) is less than that of NASDAQ since the 1990s, its total market capitalization is 5 times that of NASDAQ. About 2300 firms listed on NYSE include the largest US and non-US corporations with total market market capitalization of about 21 trillion. The NYSE-Composite index topped 9000 on December 4, 2006. Called also The Big Board.
The New York Stock Exchange (NYSE) is a stock exchange located in New York City that is the largest equities-based exchange in the world, based on the total market capitalization of its listed securities. Formerly run as a private organization, the NYSE became a public entity in 2005 following the acquisition of electronic trading exchange Archipelago. In 2007, a merger with Euronext, the largest stock exchange in Europe, led to the creation of NYSE Euronext, which was later acquired by Intercontinental Exchange, the current parent of the New York Stock Exchange.
How to use New York Stock Exchange (NYSE) in a sentence?
- The New York Stock Exchange (NYSE), which dates back to 1792, is the largest stock exchange in the world based on the total market capitalization of its listed securities.
- The Intercontinental Exchange now owns the NYSE, having purchased the exchange in 2013.
- Many of the oldest publicly traded U.S. companies are listed on the Big Board, the nickname for the NYSE.
Meaning of New York Stock Exchange (NYSE) & New York Stock Exchange (NYSE) Definition