紐約證券交易所(NYSE)概述
紐約證券交易所,或稱NYSE,可以追溯到1792年5月17日。當天,24名紐約市的股票經紀人和商人在華爾街68號外簽署了Buttonwood Agreement,並成立了該交易所。Buttonwood Agreement得名於所有簽署者在一棵Buttonwood樹下簽字。
現在,該交易所每天交易約14.6億股,因此是全球領先的股票交易所。NYSE交易2800家公司的股票,從藍籌股到新興高成長的公司不等。然而,NYSE上市的每家公司都必須滿足嚴格的要求。NYSE以交易強勢、高質量的證券而聞名,它的要求有助於維護這一聲譽。
NYSE交易所的主要參與者是專家和經紀人。專家和經紀人共同創造了一個系統,根據供需提供投資者競爭性的價格。經紀人受僱於投資公司,代表公司或公司的客戶進行交易。經紀人將買賣訂單帶給專家。
專家在交易所的一個位置上待著,根據他們的交易量處理一個或多個特定的股票。這些專家接受經紀人的買賣訂單並管理實際的拍賣。專家還確保其指定股票始終有市場。例如,如果必要,他們將使用自己公司的資本來保持市場活躍並維持股份的流動性。
納斯達克(NASDAQ)概述
納斯達克代表全國證券交易商自動報價系統(National Association of Securities Dealers Automated Quotations)。它是由全國證券交易商協會(National Association of Securities Dealers)創建的,於1971年2月8日作為世界上第一個電子股票市場開放。如今,納斯達克擁有超過3300家上市公司。它位於紐約市時代廣場。
作為一個電子交易所,納斯達克沒有實體交易場所。因此,沒有人需要親自到場進行交易。相反,納斯達克交易所使用自動化的電腦網絡進行交易。納斯達克是一個經紀商市場,這意味著經紀人通過市場商進行股票的買賣,而不是相互之間進行交易。市場商交易特定的股票並在手頭持有一定數量的股票。因此,當經紀人想要購買股票時,他們可以直接從市場商那裡購買。納斯達克每天進行約18億筆交易,超過任何其他美國股票交易所。
納斯達克 vs. 紐約證券交易所: 區別
儘管納斯達克每天進行的交易更多,但紐約證券交易所的市值遠超納斯達克。此外,它們有不同的交易模式。紐約證券交易所採用混合交易模式,既使用人力又使用技術,而納斯達克是一個完全的電子交易所。儘管紐約證券交易所仍保留著華爾街的交易場所,但絕大部分的交易發生在位於紐澤西州馬瓦的紐約證券交易所的數據中心。
比較納斯達克和紐約證券交易所可以讓我們瞭解不同類型的交易所。紐約證券交易所以其強大的市值和高質量的證券交易而聞名,而納斯達克則是以高科技交易和許多新興、高成長且波動性較大的股票而知名。
這些交易所在提供投資者進行股票交易的機會和選擇方面都扮演著重要角色。無論投資者選擇交易哪一個交易所,都應該根據自己的投資需求和目標,與一位財務顧問合作,制定一個適合自己的投資計劃。
注意:本文所提供的資訊僅供參考,並不構成投資建議。在做出任何投資決策之前,請諮詢專業財務顧問的意見。
折疊內容
NYSE has a hybrid trading model that uses both people and technology, whereas NASDAQ is an entirely electronic exchange. Although NYSE still has its Wall Street trading floor, the vast majority of exchanges occur at the NYSE’s data center in Mahwah, New Jersey.May 30, 2023
American stocks trade primarily on the New York Stock Exchange and NASDAQ. The NASDAQ has a reputation as a more high-tech exchange. Meanwhile, the New York Stock Exchange, or NYSE, has a stodgier, but safer, reputation. Learn the similarities and differences of NASDAQ vs NYSE.
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NYSE Overview
The New York Stock Exchange, or NYSE, dates back to May 17, 1792. That day, 24 New York City stockbrokers and merchants signed the Buttonwood Agreement outside 68 Wall Street and formed the exchange. The Buttonwood Agreement got its name after all parties signed it under a buttonwood tree.
The exchange now trades about 1.46 billion shares per day. As a result, it’s the leading stock exchange in the world. The NYSE trades stocks for 2,800 companies, which range from blue-chip to new, high-growth companies. However, each company listed on the NYSE has to meet strict requirements. The NYSE has a reputation of trading strong, high-quality securities, and their requirements help maintain that reputation.
The major players on the floor of the NYSE are specialists and brokers. Specialists and brokers create a system that provides investors with competitive prices based on supply and demand. Brokers are employed by investment firms and trade on behalf of their firm or their firm’s clients. Brokers bring the buy and sell orders to the specialists.
Specialists stay in one location on the floor and deal with one or several specific stocks, depending on how much they trade. Those same specialists accept buy and sell orders from brokers and manage the actual auction. Specialists will also ensure there is a market for their specified stocks at all times. For example, if they have to, they will invest their own firm’s capital to keep the market active and maintain the shares’ liquidity.
NASDAQ Overview
NASDAQ stands for the National Association of Securities Dealers Automated Quotations. It was created by the National Association of Securities Details, and opened on Feb. 8, 1971, as the world’s first electronic stock market. Today, it has more than 3,300 company listings. It is located in Times Square in New York City.
As an electronic exchange, it has no physical trading floor. Consequently, no one has to be there in person to make trades. Instead, the NASDAQ exchange uses automated computer networks to make trades. NASDAQ is a dealers’ market, which means brokers buy and sell stocks through a market maker rather than from each other. Market makers deal in certain stocks and hold a certain number of stocks on their books. As a result, when brokers want to purchase shares, they can purchase them directly from a market maker. The NASDAQ carries out about 1.8 billion trades per day, more than any other United States stock exchange.
NASDAQ trades stocks of a variety of companies. However, it’s known as a high-tech exchange that trades many new, high growth, and volatile stocks.
NASDAQ vs. NYSE: Differences
Although the NASDAQ makes more trades per day, the NYSE’s market capitalization far exceeds that of the NASDAQ. Also, hey have different trading models. NYSE has a hybrid trading model that uses both people and technology, whereas NASDAQ is an entirely electronic exchange. Although NYSE still has its Wall Street trading floor, the vast majority of exchanges occur at the NYSE’s data center in Mahwah, New Jersey.
Looking at NASDAQ vs NYSE offers a glimpse at different typ
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