NYSE Stock Trading Online refers to the online stock trading process that is carried out in the New York Stock Exchange. The hybrid market segment of the NYSE plays a significant role in this aspect.
The NYSE was incorporated in 1817 in New York City, USA. The New York Stock Exchange or NYSE is the principal and oldest stock exchange in the United States.
The NYSE is also known as the "Big Board". The prices of stocks at the NYSE are fixed by auctions. The operations of NYSE are not similar to the NASDAQ, which is a virtual exchange and where the stock trading operations are carried out with the help of a computer network.
However, from this year (2007) almost every stock of NYSE is tradeable with the help of the electronic hybrid market. Customers are able to place buying or selling orders online to the auction market. The hybrid market of NYSE provides a comprehensive variety of trade execution choices.
In terms of dollar volume, the NYSE is the largest stock exchange in the world and in terms of the number of companies listed, it ranks as the second largest stock exchange in the world. There was a merger between the NYSE Group and Euronext in 2007.
The functions of NYSE are regulated by NYSE Euronext which was formed as a result of NYSE's merger with Archipelago Holdings and Euronext.
The products and services of the NYSE can be categorized into the following types:
New York Stock Exchange Equities: These equities are traded in the hybrid market. The hybrid market is a consolidation of the electronic trading systems and the auction trading system.
New York Stock Exchange Bonds: The NYSE has the biggest centralized bond market among all the exchanges.
New York Stock Exchange Arca Equities: The NYSE Arca Equities operate as a wholly computerized equity market, which combines the current market features and the implementation of modern technology.
New York Stock Exchange Arca Options: Almost 1,75,000 options are traded by NYSE Arca and the floor based participants and remote market makers are combined with the help of computers.
ArcaEdge Over the Counter Bulletin Board: The ArcaEdge trades the over the counter bulletin board stocks in a convenient, quick, and customer-friendly way. It also enjoys the advantgages that the NYSE Arca platform offers.
Technology Services: Regarding this, the NYSE implements the NYSE Transact Tools.
The market indices of NYSE are the following:
- Dow Jones Industrials
- NYSE Composite
- NYSE US 100
- NYSE World Leaders
- NYSE International 100
- NYSE Arca Tech 100
- NYSE IPOX U.S.Index
- NYSE IPOX Composite Index
- NYSE TMT
- NYSE Health Care
- NYSE Financial
- NYSE Energy
- S&P 500
The leading online stock trading companies which participate in the NYSE stock market include the following:
- Lehman Brothers
- Morgan Stanley
- Goldman Sachs
- Deutsche Bank
- UBS Securities
- Bear Stearns
- Bank of America
- RBC Capital Markets
- Merrill Lynch
- Credit Suisse
Contact Details:
The New York Stock Exchange (NYSE)
NYSE Group, Inc.
11 Wall Street
New York,
NY 10005
Telephone: (212) 656 3000