New York Stock Exchange (NYSE)

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Definition of 'New York Stock Exchange (NYSE)'

The New York Stock Exchange (NYSE) is a stock exchange located at 11 Wall Street in the Financial District of Lower Manhattan in New York City. It is the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of June 2022. It is also one of the oldest stock exchanges in the world, having been founded in 1792.

The NYSE is owned by Intercontinental Exchange (ICE), which acquired it in 2013. It is a member-owned cooperative, with its members being the firms that trade on the exchange. The NYSE is regulated by the Securities and Exchange Commission (SEC).

The NYSE is a physical exchange, meaning that trading takes place on a trading floor. The trading floor is divided into different sections, each of which is dedicated to a particular type of security. The most active section of the trading floor is the "main floor", which is where trading in blue-chip stocks takes place.

The NYSE also offers electronic trading. Electronic trading allows investors to trade stocks without having to be present on the trading floor. Electronic trading is becoming increasingly popular, and now accounts for a large proportion of all trading on the NYSE.

The NYSE is the world's most important stock exchange. It is the largest stock exchange by market capitalization and it is home to some of the world's most valuable companies. The NYSE is also a major source of liquidity for the global financial system.

The NYSE has a long and storied history. It was founded in 1792 by 24 brokers who met under a buttonwood tree to trade stocks. The exchange has grown and evolved over the years, but it has always remained at the center of the global financial system.

The NYSE is a major contributor to the US economy. It provides a venue for companies to raise capital and it helps to facilitate the flow of money between investors and businesses. The NYSE also plays an important role in the global economy. It is a major source of liquidity for the global financial system and it helps to connect investors from all over the world.

The NYSE is a complex and important institution. It is a major player in the global financial system and it has a significant impact on the US economy. The NYSE is a fascinating and important part of the world of finance.

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