Community Forex Questions
What exactly are the NYSE and the NASDAQ?
These are the "stock exchanges," often known as the locations where shares of stock are posted for sale to the general public.
The New York Stock Exchange (NYSE) and the NASDAQ are two of the largest and most well-known stock exchanges in the world. The NYSE, established in 1792, is located on Wall Street in New York City. It operates as an auction market, where traders buy and sell stocks through an open outcry system. The NYSE is renowned for listing large, established companies and is symbolized by its physical trading floor.
In contrast, the NASDAQ, founded in 1971, operates as an electronic exchange with no physical trading floor. It uses a network of computers to match buy and sell orders automatically. The NASDAQ is known for its high-tech and biotech listings, featuring companies like Apple, Microsoft, and Google. Both exchanges play crucial roles in global finance, providing platforms for companies to raise capital and for investors to trade securities.
In contrast, the NASDAQ, founded in 1971, operates as an electronic exchange with no physical trading floor. It uses a network of computers to match buy and sell orders automatically. The NASDAQ is known for its high-tech and biotech listings, featuring companies like Apple, Microsoft, and Google. Both exchanges play crucial roles in global finance, providing platforms for companies to raise capital and for investors to trade securities.
May 12, 2023 19:29