New York Stock Exchange
New York Stock Exchange - an example of sites with trade on the basis of orders, where in the sales area with free stock trades (ie, deal-making voice and gesture) for the continuous auction. Investors give orders to buy or sell at certain places trading floor - the so-called "trading posts". In the trading hall of NYSE, an area of 3,350 square meters. m, there are 17 trading posts. Exchange does not regulate the prices of stocks, its purpose - the creation of an orderly and fair market for investors.
NYSE chief U.S. stock exchanges, the largest in the world. At the stock exchange determined by the world-famous Dow Jones industrial stock companies (English Dow Jones Industrial Average), as well as the NYSE Composite index and the NYSE ARCA Tech 100 Index. Exchange was founded May 17, 1792, when 24 New York broker who worked with financial instruments and enter into transactions, as well as their London counterparts, in coffee houses (the most famous coffee house "Tontine"), signed an agreement under the plane tree »(Buttonwood Agreement) on creation of the New York Stock Exchange.
NYSE chief U.S. stock exchanges, the largest in the world. At the stock exchange determined by the world-famous Dow Jones industrial stock companies (English Dow Jones Industrial Average), as well as the NYSE Composite index and the NYSE ARCA Tech 100 Index. Exchange was founded May 17, 1792, when 24 New York broker who worked with financial instruments and enter into transactions, as well as their London counterparts, in coffee houses (the most famous coffee house "Tontine"), signed an agreement under the plane tree »(Buttonwood Agreement) on creation of the New York Stock Exchange.
New York Stock Exchange-profit organization owned by its 1,366 members and managed by a board of directors. Exchange revenues generated by fees paid by members and represents their companies and are used to pay operating costs and improved technical equipment of the exchange. The Board of Directors consists of a full-time and salaried chairman, president, vice-president, 12 members representing the "public", and 12 members representing the stock exchange.
New York Stock Exchange specializes in trading in securities of large well known companies, so getting the listing (the admission) for this exchange is regarded as a privilege. Other stock exchanges such as the electronic system "Automated quotes the National Association of Securities Dealers (NASDAQ) and American Stock Exchange, specializing in securities of new, lesser-known companies, although some major high-tech firms, such as giant Microsoft, prefer to be quoted in NASDAQ system.
In early March 2006, NYSE completed its merger with electronic exchange Archipelago Holdings and the first time in its history, offered shares to investors, thus becoming a commercial organization. In early June 2006 it was announced that the upcoming merger of the New York Stock Exchange with European stock exchange Euronext. This merger took place on April 4, 2007.
In 1992, after two hundred years since its foundation, NYSE is the first among the securities markets of America. Exchange celebrated its bicentennial throughout 1992 as the second (after Tokyo), the largest stock exchange in the world. In honor of this event, among others activities in the United States was carried out issue 29-cent postage stamp.
In 1992, after two hundred years since its foundation, NYSE is the first among the securities markets of America. Exchange celebrated its bicentennial throughout 1992 as the second (after Tokyo), the largest stock exchange in the world. In honor of this event, among others activities in the United States was carried out issue 29-cent postage stamp.
