New York Stock Exchange (NYSE)

Related Terms
Oldest US stock exchange and largest in the world in terms of dollar volume and second largest in number of companies listed, founded in 1792 and located on the Wall Street in New York City. Although its daily share volume (now over $3 billion) is less than that of NASDAQ since the 1990's, its total market capitalization is 5 times that of NASDAQ. About 2300 firms listed on NYSE include the largest US and non-US corporations with total market market capitalization of about 21 trillion. The NYSE-Composite index topped 9000 on December 4, 2006. Called also The Big Board.

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