Saturday, October 24, 2009

New York Stock Exchange-NYSE

New York Stock Exchange-NYSE

New York Stock Exchange (NewYorkStockExchange) - American Stock Exchange (AmericanStockExchange) - OTC (Over-the-Counter (OTC))

New York Stock Exchange (NYSE) => New York Stock Exchange, the main hall of the capitalist enterprise growth arsenal. Although the people to get rich as Microsoft and Intel are in Nasdaq trading, the New York Stock Exchange is still the largest, oldest and most popular market. Sound of the movie my wife hit the headlines, stock market, than the hands and feet and the lens, in the use of computers and telephone transactions, Nasdaq can not see. To feel the heat kind of money games, only to Wall Street on the 11th of the New York Stock Exchange.

The New York Stock Exchange, there is the history of 200 in 2005, there are about 2920 stocks, including most of the long history of "Fortune 500 Largest Companies", shares amounting to seven trillion U.S. dollars. In contrast, Nasdaq is only 26 years old, although 5540 shares, but most are small new company. The biggest difference between the two exchanges that trading in the stock. In the New York Stock Exchange, brokers shouting at the venue to find the best trade move the primary. In the Nasdaq, trading talk on the phone or computer.

In the New York Stock Exchange, the broker according to customers on condition openly for sale in the Market Complex, Lord, itself is not about price, buyers and sellers, is actually in direct transactions. In the Nasdaq, the buyer or seller to deal with traders, traders at random asking price, buyers and sellers not know his costs.

The New York Stock Exchange a total of 17 horseshoe-shaped floor "trading station", every trading station at a fixed stock trading. Pitch sub-working within the "experts" and "broker" two groups. Experts observe fixed point in the transaction, only the sale of their shares allocated to the six. They presided over bid, the execution of transaction, record and transmit pricing information. Broker on behalf of securities dealers, who went from trading stations may buy or sell any shares. The stock market the movie camera, multi-station a group of brokers in the transaction before the bidding. Experts like the auction host, he must cry in front of a number of agents select the best price tag. Exchanges are not allowed inside of any secret deals.

The other camp is inside the wall "members" of stalls. The New York Stock Exchange a total of 480 members, mostly securities dealer. Member Booth received the company's trading instructions, immediately walk to use mobile phone to tell the agent, broker and then to look for the sale of the main trading points. In recent years, in order to increase efficiency, simple instruction from the securities business computer network directly to the trading station, agent, deal only with large or complex instructions. The New York Stock Exchange, TV advertising slogan is: "We are not only a venue, but also represent a way of doing business." No matter how scientific and technological progress, face to face transaction integrity and always let people feel at ease, and this is the New York Stock Exchange, a unique charm. Company's shares you want to go to the New York Stock Exchange must have the following conditions: There are at least 1,100,000 in the market for the stocks owned by the public and the market value of the stock be at least U.S. ¥ 18,000,000

We need at least 2,000 shareholders (each shareholder owns 100 shares and above), or a total of 2,200 shareholders. The recent six months, the average monthly trading volume be at least 100,000 stocks.

The last fiscal year, a minimum of U.S. 2,500,000 in pre-tax income.

Many of our familiar, several large U.S. companies have chosen to list its shares listed here, such as the IBM computer company (InternationalBusinessMachinesCorporation), The Boeing Company (TheBoeingCompany (BA)), General Electric Company (GeneralElectricCompany (GE)) ... and so on.


New York Stock Exchange - History and stock price index ==>

New York Stock Exchange listing requirements for non-US companies ==>