A Brief Note On The NYSE And NASDAQ

The National Association of Securities Dealers Automated Quotations (NASDAQ) and the New York Stock Exchange (NYSE) are two of the largest and most known stock exchanges across the globe. Both of these stock exchanges handles and mediates the trade, sale, and purchasing of different stocks, bonds, and securities. While both of these stock exchanges have their own unique methods and forms of purchasing and selling stocks, they both serve the same purpose and function, which is a marketplace for the sales of stocks.

While the differences between NYSE and NASDAQ do exist, they are comparatively miniscule to the similarities that exist between them. Their main objective and purpose is the same: to allow companies to contribute stocks and to allow individuals to purchase stocks through the services provided. The NYSE and NASDAQ are both companies themselves, and more often than not, people tend to forget that. While they serve a rather important service, their ultimate goal is to gain revenue and profitability.

In the past, NASDAQ was known for being the leading stock exchange for new and upcoming tech companies, but the NYSE has recently become more acquainted with these tech companies, taking away a large portion of NASDAQ's main target market. The NYSE is much larger and well-known than their competitor, NASDAQ. The NYSE has existed for over 200 years, and holds the title of being the world's largest stock exchange.

NEW YORK STOCK EXCHANGE______________________________________________

Location

The New York Stock Exchange is based in New York City. Their physical address is 11 Wall Street, Lower Manhattan, New York City, New York, US. The New York Stock Exchange is the largest stock exchange in the entire world, based on mar...

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...t market is the newer companies and tech companies, while NYSE looks at bigger, more established companies as their main listing companies. The NYSE is also usually seen as the more stable and established of the two stock exchange giants, as it provides its services to blue chip firms that were established long before our current crop of companies. Blue chip firms, in particular, are stocks that belong to corporations that are known for their reputation, reliability, and quality throughout the nation. Out of all of the listed companies on the NYSE, the Bank of New York was the first company to be publicly listed on their stock exchange. The listing was made public in 1792, and is still traded today, although it hasn’t been listed through the NYSE on a consistent basis over the years. NASDAQ, on the other hand, is a relatively young stock exchange by comparison [14].