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
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.
- New York Stock Exchange Bonds
Among all the exchanges the New York Stock Market has the largest centralized bond market .
- New York Stock Exchange Arca Equities
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.
- New York Stock Exchange Arca Options
The New York Stock Exchange Arca trades in about 175,000 option products and integrates the floor based participants electronically.
- Arca Edge Over the Counter Bulletin Board
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.
- Technology Services
The NYSE uses the New York Stock Exchange Transact Tools .
- Connectivity to the New York Stock Exchange markets
The New York Stock Exchange offers excellent connectivity to the clients participating in the market. The access to the New York Stock Exchange is flexible and technologically advanced.
- Exchange Traded Funds
The Exchange traded fund is an index fund that is comprised of a basket if funds that are traded throughout the day.