XNYS - New York Stock Exchange, Inc, Page 38

New York Stock Exchange (NYSE) is one of the most well-known and oldest stock exchanges in the world. It was founded in 1792 and has since played a key role in the global financial system. NYSE is based in New York and serves as the trading venue for many of the world's largest companies. One of NYSE's unique features is its traditional approach to trading, which includes a physical location - the trading floor - where brokers gather to execute trades. Despite this, NYSE also develops electronic trading platforms to ensure more efficient operations. NYSE is also renowned for its strict regulation and high listing standards, making it attractive to many large companies seeking transparency and stability. Like Nasdaq, NYSE is a popular destination for investors seeking opportunities to invest in large, stable companies. So, NYSE and Nasdaq are two of the most important stock exchanges in the world, each with its own unique features and advantages for investors.