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Stock Exchanges

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Running head: STOCK EXCHANGES 1

Stock Exchanges

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STOCK EXCHANGES 2

Stock Exchanges in United States

Introduction

A stock exchange is a type of a business where traders and known stock brokers are

engaged in the business of buying and selling shares, securities and bonds. Some of the common

traded securities in the stock exchange market include: unit trusts, derivatives and listed

companies among others (Andrew, 1995). There are specific commercial laws in the United

States of America which require that traded securities should be listed in the stock exchange

market. On the floor of stock exchange market, there is a central record keeping system which

acts as the best back up for future reference.

Stock exchanges in the United States

There are various stock exchanges in the United States of America where listed brokers

and other traders are immersed in the business of buying and selling of bonds and securities

among others (Andrew, 1995). Two major stock exchange market are New York Stock

Exchange (NYSE) which is based in New York City and National Association of Securities

dealers Automated Quotation System (Nasdaq). NYSE was merged with European Stock

exchange forming NYSE Euro next in the year 2007. This stock exchange is closed on all public

federal holidays. NYSE started with two bank stocks and three government bonds. On the other

hand, NASDAQ is the largest electronic screen based stock exchange market that offers a range

of traded products America (Qianqian & Seung, 2015).

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Running head: STOCK EXCHANGES 1 Stock Exchanges Name Institution Course Tutor Date STOCK EXCHANGES 2 Stock Exchanges in United States Introduction A stock exchange is a type of a business where traders and known stock brokers are engaged in the business of buying and selling shares, securities and bonds. Some of the common traded securities in the stock exchange market include: unit trusts, derivatives and listed companies among others (Andrew, 1995). There are specific commercial laws in the United States of America which require that traded securities should be listed in the stock exchange market. On the floor of stock exchange market, there is a central record keeping system which acts as the best back up for future reference. Stock exchanges in the United States There are various stock exchanges in the United States of America where listed brokers and other traders are immersed in the business of buying and selling of bonds and securities among others (Andrew, 1995). Two major stock exchange market are New York Stock Exchange (NYSE) which is based in New York City and National Association of Securities dealers Automated Quotation System (Nasdaq). NYSE was merged with European Stock exchange forming NYSE Euro next in the year 2007. This stock exchange is closed on all public federal holidays. NYSE started with two bank stocks and three government bonds. On the other hand, NASDAQ is the largest electronic screen based stock exchange market that offers a range of trade ...
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