ABSTRACT
In the United States we have two different kinds of stock exchange the NYSE and the NASDAQ even though they have some similarities they are different in so many different ways. This paper will discuss how the NYSE and the NASDAQ operate, how they are different and what is the public company accounting and investor protect act of 2002.
When we discuss the stock market we discover that it is an organization where equities are exchanged between buyers and sellers and the first thing that should come to our mind is either the New York Stock Exchange (NYSE) or National Association of Securities Dealers (NASDAQ). They are two exchanges who account for the trading of a major portion of equities in …show more content…
The NYSE and NASDAQ are very different in the way they operate and in the types of equities they trade. In order to understand the differences between both we have to take a look at how stocks are traded and bought and the location of an exchange also plays a great role in where and how the transactions take place. In the NYSE, all trades occur in one place, on the trading floor in New York City, as we have seen on so many movies and you observe individuals on the floor usually in red jackets waving their hands on or ringing a bell before opening the exchange for trading, these individuals are through whom stocks are transacted on the NYSE. These exchanges consist of the majority of the equities traffic in the United States, as well as the major exchange traders in the United States and these two exchanges are also a part of the Stock Exchange Commission. The NASDAQ and the NYSE both conduct trading of stock equities as well as help to meet the buyer and supplier. They are many differences between NYSE & NASDAQ; the listing requirements for NYSE are much higher compared to the NASDAQ. The NASDAQ