The New York Stock Exchange , alternatively named as the “Big Board” is the largest stock exchange in the world based on dollar volume. It is a stock exchange residing in the city of New York . When the number of listed companies is considered , the New York Stock Exchange ranks second in the stock markets of the world.
Size of the New York Stock Exchange
The share volume of the New York Stock Exchange outperformed that of NASDAQ during the 1990s. The global capitalization as on 2006 is $23.0 trillion.
Operating Body
The New York Stock Exchange is operated by the NYSE Euronext that was a result of the amalgam between the Archipelago Holdings and Euronext.
Products and Services offered by the New York Stock Exchange
There are a variety of products and services offered by the New York Stock Exchange that can be discussed under the following heads.
- New York Stock Exchange Equities
- New York Stock Exchange Bonds
- New York Stock Exchange Arca Equities
- New York Stock Exchange Arca Options
- Arca Edge Over the Counter Bulletin Board
- Technology Services
- Connectivity to the New York Stock Exchange markets
- Exchange Traded Funds
The New York Stock Exchange Equities are traded in the Hybrid market that is formed out of an optimum combination of the auction market and the automated trading. The Hybrid market offers its customers a wide spectrum of Trade- Execution choices.
Among all the exchanges the New York Stock Market has the largest centralized bond market .
The New York Stock Exchange Arca Equities are the fully electronic equity market which has the properties of the current market structure and application of the new technology.
The New York Stock Exchange Arca trades in about 175,000 option products and integrates the floor based participants electronically.
The Arca Edge trades in over the counter bulletin boards stocks in a very fare way . At the same time it reaps the benefits of the New York Stock Exchange Arca platform.
The Exchange traded fund is an index fund that is comprised of a basket if funds that are traded throughout the day.
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