New York Stock Exchange (NYSE)
The New York Stock Exchange (NYSE) is the largest stock exchange in the world by market capitalization, located in New York City. The NYSE facilitates the buying and selling of publicly traded stocks, bonds, and other securities. It operates as an auction market, where buyers and sellers meet on the trading floor or electronically to conduct transactions. The NYSE is known for its strict listing requirements and is home to many of the world's largest companies.
Example
A company like Apple is listed on the NYSE, where investors can buy and sell its shares during regular trading hours or electronically.
Key points
• The largest stock exchange in the world by market capitalization, located in New York City.
• Facilitates the buying and selling of stocks, bonds, and other securities.
• Known for its strict listing requirements and large-cap company listings.