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Thoroughly identified two stock exchanges in the United States. Thoroughly described the similarities and differences between...

Thoroughly identified two stock exchanges in the United States. Thoroughly described the similarities and differences between the two stock exchanges. Thoroughly identified one stock from each of the two stock exchanges

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Answer #1

Following are the two stock exchanges identified in United States

1. New York Stock Exchange (NYSE): he NYSE is a stock exchange based in New York. In April 2007, the New York Stock Exchange merged with a European stock exchange known as Euronext to form what is currently NYSE Euronext. NYSE Euronext also owns NYSE Arca (formerly the Pacific Exchange).

2.National Association of Securities Dealers Automated Quotation System (NASDAQ): The Nasdaq is the largest electronic screen-based market. It currently offers lower listing fees than NYSE.

Differences and Similarities:

NASDAQ NYSE
Acronym for National Association of Securities Dealers Automated Quotations New York Stock Exchange
Year launched 1971 1792
Location Trading is electronic. Offices in a floor of the MarketSite tower in New York City's Times Square. New York Stock Exchange building on Wall Street in New York City
Market type Dealer’s market Auction market
Process of Trade Execution Broker contacts market maker or uses online form. trading on the NASDAQ is fully automated.(Telecommunications) Broker contacts specialist floor trader or enters it into Universal Trading Platform (UTP).NYSE still uses human specialists to monitor and occasionally carry out its electronic trading (Physical)
Leader in Market share and volume of shares traded Accrued market capitalization of NYSE's listed companies
Number of companies listed Around 2,900 Around 1,860
Annual fee for listed companies Around $27,500 Based on the number of shares listed; capped at $500,000.
Listing fee $50,000 to $75,000 up to $5,00,000
Trading schedule Weekdays 9:30am to 4:00pm ET; a pre-market session 7:00am to 9:30am and post-market session from 4:00pm to 8:00pm Weekdays 9:30am to 4:00pm ET
Perception Exchange for high-tech stocks that are more growth oriented and potentially more volatile. Exchange for well-established companies, more stable stocks.
Trade Indices The NASDAQ Composite, NASDAQ Biotechnology, and NASDAQ-100 The Dow Jones Industrial Average,NYSE Equity Indices and the NYSE Composite.
Public or private Public Held by publicly listed InterContinental Exchange (ICE), which also owns Euronext.
Stock Ticker NDAQ ICE
Stock listed Apple, Facebook, Google, Microsoft, Intel, Kraft Foods, and Sun Microsystems Bank of America, Coca-Cola, Wal-Mart, Citigroup, and General Electric.
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