The New York Stock Exchange (NYSE) is one of the two securities exchanges operated by the NYSE Group, Inc. It's the oldest securities exchange in the United States and the largest traditional exchange in the world.
Trading on the floor of the exchange is by double auction system, handled by floor brokers representing buyers and sellers, and by specialists - one for each listed security.
Speciaiists are responsible for maintaining an active and orderly market in their securities.
- Browse Related Terms: American Stock Exchange (AMEX), Auction market, Big Board, Dow Jones Wilshire 5000 Index, Exchange, Futures exchange, Market, Market price, New York Stock Exchange (NYSE), Opening, Over-the-counter (OTC), Primary market, Specialist's display book, Ticker (tape), Ticker symbol, Trading symbol