Comparison of NYSE and NASDAQ, including the effect Martha Stewart's conviction had on Martha Stewart Living Omnimedia.

The New York Stock Exchange (big board) is the most technologically in advance(p) equities commercialize in the world. It is an decree driven commercialize go past by a single market shaper called a specialist. The market is created by participant such as listed companies, several(prenominal) investors, and member firms. Buyers and Sellers meet on the floor of the exchange, open, fair, and hostelly, to get the dress hat price based on fork out and demand. in that respect is a single demarcation order book where common limit orders atomic number 18 stored until they can be executed or atomic number 18 canceled by the submitter. The limit order book is maintained by the specialist. NYSE specialists have a number of affirmative obligations still argon not infallible to maintain a unceasing market where price movements should pop off smoothly rather than in large jumps. Additionally, NYSE specialists are required to be supply liquidity when no ane else wishes to. Both of these features may come as shock absorbers when unrestricted supplied liquidity is thin. On an norm sidereal day, 1.46 billion shares are traded on the NYSE which are determine at $46.1 billion. The NYSE was the most competitive market in 2004 for trading its listed stocks which provides investors with the last(a) costs, deepest liquidity, and best prices. In contrast to the NYSE, NASDAQ is largely a iterate driven market without any(prenominal) priority rules. It is too the largest U.S. electronic stock market.

NASDAQ lists more companies and, on average, trades more shares per day than any other U.S. mar ket with approximately 3,300 companies. It ! is home to category-defining companies that are leadership across all areas of business including technology, retail, communications, financial services, transportation, media and biotechnology. NASDAQ is the firsthand market for trading NASDAQ-listed stocks. Approximately 54% of NASDAQ-listed shares traded are account to NASDAQ systems. Competing market makers, or dealers, If you want to get a panoptic essay, order it on our website: OrderCustomPaper.com

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