NYSE
Definition
New York Stock Exchange. The largest stock exchange in the U.S., located on Wall Street in New York City. The NYSE is responsible for setting policy, supervising member activities, listing securities, overseeing the transfer of member seats, and evaluating applicants. It traces its origins back to 1792, when a group of brokers met under a tree at the tip of Manhattan and signed an agreement to trade securities. Unlike some of the newer exchanges, the NYSE still uses a large trading floor in order to conduct its transactions. It is here that the representatives of buyers and sellers, professionals known as brokers, meet and shout out prices at one another in order to strike a deal. This is called the open outcry system and it usually produces fair market pricing. In order to facilitate the exchange of stocks, the NYSE employs individuals called specialists who are assigned to manage the buying and selling of specific stocks and to buy those stocks when no one else will. Of the exchanges, the NYSE has the most stringent set of requirements in place for the companies whose stocks it lists, and even meeting these requirements is not a guarantee that the NYSE will list the company. also called Big Board.
 Cite this definition
'NYSE
' appears in the definitions of these terms on BusinessDictionary.comDow Jones Industrial Average (DJIA), New York Stock Exchange (NYSE), New York Stock Exchange (NYSE) composite index, stock market crash, equities market, and 
Related Articles from the InvestorGuide.com University
Fees and Expenses
Before you invest in a fund, you should investigate the fees and expenses that they may charge. Learn about loads, management fees, 12b-1 fees, and others. Discover how to use a fund's expense ratio and turnover ratio to find beneficial information before you invest.
Stock Mutual Funds
Stock funds, also known as equity funds, can yield higher returns, but pose greater risks. Find out about growth funds, blend funds, sector funds, indexed funds, as well as funds defined by market capitalization and many others. Learn the differences between the different kinds, to find the best one for you before exposing yourself to risks.
Mutual Funds and Your Portfolio
How can you choose the best mutual funds? Here we explore selection techniques, including performance, fees, services, diversification, and manager evaluation. We also examine how to decide what role mutual funds should play in your overall portfolio.
Related Resources from InvestorGuide.com
Mutual Fund Research Tool
Use our research tool to find in-depth data about mutual fund quotes, news, data, and profile information. Click here to view our mutual fund list or enter a mutual fund ticker here:
Featured Sponsor
|
|
