New York Stock Exchange - NYSE

What does it mean?
A corporation, operated by a board of directors, responsible for listing securities, setting policies, and supervising the stock exchange and its member activities. The NYSE also oversees the transfer of members' seats on the Exchange, judging whether a potential applicant is qualified to be a specialist.

In Other Words...
The NYSE uses floor traders (people) to make trades, whereas the Nasdaq and many other exchanges are computer driven.

Related Links
The Tale of Two Exchanges: NYSE and Nasdaq - Learn some of the important differences between the NYSE and the Nasdaq.

Getting to Know Stock Exchanges - Find out the answers to all the questions you had about stock exchanges but were afraid to ask!

Stock Basics Tutorial - If you're new to the stock market and want the basics, this is the tutorial for you!

Related Terms
AMEX | Board of Directors - B of D | Corporation | Floor Trader | Market | Member Firm | Nasdaq | Specialist

1 | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z