New York Stock Exchange
NYSE
nicknamed the "Big Board"
The New York Stock Exchange, is the largest stock exchange in the world in dollar volume and second largest by number of companies. The share volume was exceeded by NASDAQ during the 90s, but the total market capitalization much greater than the NASDAQ.
The NYSE is operated by NYSE Group, formed by a merger with the fully electronic
stock exchange Archipelago Holdings. The NYSE trading floor is located is comprised
of five rooms used for trading facilitation. The main building is located at
18 Broad Street, between the corners of Wall Street, and Exchange Pl., in New
York City. The building is listed on the National Register of Historic Places.
The NYSE traces its origins to 1792, when 24 New York City stockbrokers and merchants signed the Buttonwood Agreement. This agreement set in motion the NYSEs unwavering commitment to investors and issuers.
The New York Stock Exchange has a global capitalization of $21 trillion, including $7.1 trillion in non-U.S. companies.
As the 20th century dawned, the NYSE was firmly established as one of Americas preeminent financial institutions. It was also experiencing a sustained rise in trading volume. Trading in listed stocks had tripled between 1896 and 1899. It would nearly double again by 1901. The Exchange moved in 1903 to a Broad street building it chose the neoclassic design of the famous architect Post. The Exchange building is considered one of Posts masterpieces and is a New York City and national landmark. In 1922: The 11 Wall Street building, designed by Trowbridge & Livingston to harmonize with the existing building, opened. It included a 23-story office building and an addition to the trading floor named the "Garage."
The NYSE maintains quantitative and financial standards for its listed companies.
If a company is unable to comply to these standards, it will not qualify to
list. If a listed company falls below these standards, it is subject to delisting.
Click on the links below to
The company that has been listed continuously for the longest time is Consolidated
Edison Company of New York Inc. It first listed in 1824 as the New York Gas
Light Company.
http://www.nyse.com/ website of NYSE containts history, market data, and opening and closing information so one can watch the clock tick tock.
address
NYSE Group, Inc.
11 Wall Street
New York, NY 10005
Phone 212.656.3000
NASDAQ is the other major stock exchange of the city.
New York City, officially the City of New York, is the most populous city in the United States and the most densely populated major city in North America. Located in the state of New York, New York City has a population of over 8.1 million within an area of 321 square miles (approximately 830 km²).
The city is a center for international finance, fashion, entertainment and culture, and is widely considered to be one of the world's major global cities with an extraordinary collection of museums, galleries, performance venues, media outlets, international corporations and financial markets. It is also home to the headquarters of the United Nations.
The Dutch established New Amsterdam in 1613, which was granted
self-government in 1652 under Peter Stuyvesant. The British conquered the city
in September 1664 and renaming it "New York" after the Duke of York
and Albany. The Dutch briefly regained it in August 1673, renaming the city
"New Orange", but ceded it permanently in November 1674.
The economy of New York City is one of the most technologically advanced in the world. Midtown Manhattan is the largest central business district in the world, while the Financial District is also the third largest in the United States. New York City's economic growth was made possible by its harbor, widely considered one of the finest natural ports in the world. The value of this port was greatly enhanced in 1819 with the opening of the Erie Canal, which gave New York a decisive advantage over the competing ports of Boston and Philadelphia.
Major Sport clubs set in the city
New York Yankees MLB Baseball
New York Mets MLB Baseball
New York Rangers NHL Ice Hockey
New York Giants NFL Gridiron
New York Jets NFL Gridiron
New York Knicks NBA Basketball
New York Liberty WNBA Basketball
New York Red Bulls MLS Soccer
Brooklyn Wonders ABA Basketball
Movies set on subject of NYSE
Wall Street (1987) starring Charlie Sheen (Bud Fox ) Michael Douglas (Gordon Gekko ) directed by Oliver Stone - A story of greed about a corrupt Gekko, trying to destroy a firm and it's employees to make money.
Trading Places (1983) starring Dan Aykroyd ( Louis Winthorpe
III )
Eddie Murphy ( Billy Ray Valentine) Jamie Lee Curtis (Ophelia): An upper class
investor and a street down and out find their positions reversed as part of
a bet by two racist millionaires. In the the movie the two try to use a stock
exchange trick to get their own back on the millionaires
The Bonfire of the Vanities (film) (1990), a film adaptation directed by Brian De Palma was released and starred Tom Hanks as Sherman McCoy, Bruce Willis as Peter Fallow, an uncredited F. Murray Abraham as Abe Weiss, Melanie Griffith as Maria Ruskin, and Kim Cattrall as Judy McCoy, Sherman's wife. Financial "Master of the Universe" Sherman McCoy sees his life unravel.
Boiler Room is a 2000 U.S. drama, written and directed by Ben Younger, and starring Giovanni Ribisi, Vin Diesel and Nia Long. Other characters in the film were played by Ben Affleck, Nicky Katt, Scott Caan, Tom Everett Scott, Ron Rifkin and Jamie Kennedy. Aboust the despicable Boiler room crooks who try to con their way into money.
Glengarry Glen Ross is the title of a 1992 movie, based on the 1984 Pulitzer Prize and Tony-winning play of the same name. The film differs from the play mainly with the insertion of a single scene written by Mamet. The scene involves a character named Blake, played by Alec Baldwin in one of his most critically acclaimed performances, who gives the main characters a more immediate motivation for selling real estate namely that their jobs are on the line.
The surname York, according to a website the house of names, is part of the ancient legacy of the Anglo Saxon tribes of Britain. It is a product of when the family lived in the county of Yorkshire. Yorkshire, which was the largest county in northern England, was divided into three administrative ridings: North Riding, West Riding, and East Riding. The town of York was the military capital of Roman Britain, the capital of Northumbria, and seat of an Archbishop. Yorkshire was also the home to the House of York, which was an English royal dynasty from 1461 to 1485. The reigning members of the House of York were Edward IV, Edward V and Richard III. Their rivalry with the House of Lancaster resulted in the Wars of the Roses, which lasted from 1455 to 1485 and ended when the Lancastrian Henry VII united the two houses by marrying Elizabeth, the daughter of Edward IV. The surname york belongs to the large category of Anglo-Saxon habitation names, which are derived from pre-existing names for towns, villages, parishes, or farmsteads.Spelling variations include: Yorke and others. First found in Wiltshire where they were seated from very ancient times, before and after the Norman Conquest in 1066.
Names for New York in other nations
Nova Iorque = Portugal
New York (mesto) = Slovenia
Nuova York - Italy
Urbs Novum Eboracum = Latin
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Bank history History of banks