Stock Exchange | History Of The New York Stock Exchange - A Brief History Of The New York Stock Exchange

Also known as the "Big Board" the New York Stock Exchange (NYSE) was created by the merger of NYSE and Archipelago Holdings, which is fully electronic and the group became known as the New York Stock Exchange.

The New York Stock Exchange consists of 5 rooms used for trade and is at 18 Broad Street, New York. The NYSE has its roots in 1792, but did not become known as the New York Stock Exchange until 1817 when the organization drafted a constitution.

It is the largest stock exchange in the world in the amount of dollars flowing through it every day and has the second largest number of company registration, second only to NASDAQ. Global Change capitalization is $ 2.1 trillion to $ 1.7 billion that companies not based in the U.S.

The NYSE operates similarly to an auction. Each listed company operations in one place. A broker specialist employed by each of the listed companies have a duty to act as an auctioneer in the position of the company.

In recent times, booking requests are increasingly being delivered to the electronic trading floor. The development of a hybrid market that meets the elements of human interaction and electronic markets is currently under construction.

The NYSE has become famous for a number of major Hollywood productions. His story has also been very interesting. In 1920 a bomb was placed on Wall Street, just opposite the building of the NYSE. At the outbreak killed 33 people, more than 400 wounded and caused considerable damage to surrounding buildings. The terrorists who planted the bomb were never caught.

There have been a number of famous falls on Wall Street the most famous of which is known as Black Thursday which took place on October 24, 1929. The panic selling was often blamed for having come from the Great Depression.

The current president of the NYSE's Catherine Kinney and CEO is John Reid, while Marsh Carter is the President.