NYSE

NYSE

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NYSE

New York Stock Exchange

NYC NYSE.jpg

Type Stock Exchange

New York City

Country Flag of the United States.svg USA

Foundation March 8, 1816 (199 years)

Duncan L. Niederauer key people (CEO)

Currency US Dollar

2,773 Listings

Market capitalization $ 10.8 billion (2009)

Volume US $ 22 billion (2006)

The Stock Exchange of New York (New York Stock Exchange, NYSE) is the largest market in the world in monetary volume and the first in number of affiliated companies. Its volume in shares was exceeded by that of NASDAQ [1] during the 90s, but the capital of companies listed on the NYSE is five times greater than the NASDAQ. The NYSE has an annual transaction volume of 21 billion dollars, including 7.1 billion of non-US companies.

It was created in 1817, when a group of stockbrokers was organized forming a committee called "New York Stock and Exchange Board" (NYS & EB) with the aim of controlling the flow of actions that, in those days, was freely negotiated and mainly across the street from Wall Street.

In 1918, after the First World War, it becomes the main broker in the world, overtaking the London Stock Exchange.

On Thursday October 24, 1929, thereafter called Black Thursday, there was one of the biggest falls in the stock market, which would produce the most important economic recession in the United States in the twentieth century, the "Great Depression" .