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New York Stock Exchange

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Companies > Organizations and Associations

The New York Stock Exchange (NYSE) is the oldest and largest stock exchange in the United States. It was founded in 1792.

It is a not-for-profit corporation consisting of 1,366 individual members.[1] It is governed by a board of directors including 12 public representatives and 12 member firm representatives, as well as a full time chairman and president.[2]

There are approximately 4,000 companies listed on the NYSE, representing a combined US$30.5 trillion.[3] Each company must comply with specific requirements before being listed on the exchange. Companies must list their securities in one or two of the world’s main currencies: Euros, U.S. dollars, or both.

The NYSE, commonly referred to as the “Big Board” or “The Exchange,” is operated by NYSE Euronext.[4]

[edit] References

  1. Glossary. Thrasher Funds, 2008-09-30.
  2. Glossary. Stock Market Glossary, 2008-09-30.
  3. Listings. NYSE Euronext, 2008-09-30.
  4. Glossary. Thrasher Funds, 2008-09-30.