Get Nyse Mkt Llc And New York Stock Exchange, Llc

What Is the Difference Between the NYSE and the NYSE Arca? The New York Stock Exchange (NYSE) is a physical and electronic stock exchange, while NYSE Arca is an electronic communications network (ECN) used for matching orders.

In summary, the main differences between the NYSE and NYSE American are their size, listing requirements, and the types of companies they typically attract. The NYSE MKT is the NYSE's emerging company marketplace for smaller-cap companies. NYSE MKT has lower listing requirements that the NYSE.

The New York Stock Exchange (NYSE) has a larger market cap than the NASDAQ, which is known for its large selection of technology stocks (e.g., Google and Facebook). While trading on the NASDAQ is fully automated, the NYSE still uses human specialists to monitor and occasionally carry out its electronic trading.

The NYSE MKT is a specific tier of the NYSE. The NYSE MKT used to be known as the American Stock Exchange (AMEX), until the New York Stock Exchange purchased the AMEX in its entirety in 2008. The NASADAQ and NYSE MKT are essentially business operations that compete for attention and publicly traded companies.

The NYSE is an auction market that uses specialists (designated market makers), while the Nasdaq is a dealer market with many market makers in competition with one another. Today, the NYSE is part of Intercontinental Exchange (ICE), and the Nasdaq is part of the publicly traded company, Nasdaq, Inc.

NYSE American is one of many financial exchanges that operate under a broad corporate umbrella that includes the New York Stock Exchange, but the parent company is actually Intercontinental Exchange, not NYSE.

Located on Wall Street in New York City and owned by Intercontinental Exchange (ICE 0.37%), the NYSE has a history that goes back more than 200 years. Most of the largest, best-known, and most prestigious businesses in the world choose to list their shares on the stock exchange.

NASDAQ vs. NYSE EstablishedNYSENew York Stock ExchangeExchange LocationNasdaqNo physical location—electronic onlyNYSENew York, N.Y. and electronic38 more rows