The New York Stock Exchange , or the “Big Board”, has been around since May 17th, 1792. This is when the Buttonwood Agreement was signed by twenty-four brokers outside of 68 Wall Street in New York. The agreement was signed under the shade of a buttonwood tree. This is the day the New York Stock Exchange was created.
The New York Stock Exchange is by far the largest in the world, by dollar volume, and second largest by its number of listings. It has five times the number of companies listed than that of NASDAQ. All of these companies are open to the public with their shares.
Every day, the New York Stock Exchange can trade, buy, or sell millions of dollars worth of shares to its stockholders. It sells more stocks every year that any other corporation.
The New York Stock Exchange gives its shareholders data on how the market is doing, and what to expect in the future from the companies they are investing with. Every listing has pertinent information about it that is available for you to look at if you are interested in a particular company.
Investors of the New York Stock Exchange sometimes pick a company out of left field to invest in. They know there is page after page of information at their fingertips, they do not even need to search for it.
The New York Stock Exchange is a big business. It has 1366 brokers to help people who need information and advice on pertinent stock. These brokers give them access to the information they seek and help them choose which companies are the best to invest in.
The New York Stock Exchange has been around for over two decades, and is not going anywhere. Stocks go up and they go down, but the trend in the market is for most shares to increase their value over a long period of time. People tend to get scared if their shares take a decline in their value, but they need to look at the big picture. If the stocks have gone down in the past, and then come back again, it is likely they will do it again.
The activity on the floor of The New York Stock Exchange is awesome. There is never a dull moment. The brokers and investors are always busy either giving or receiving advice about a potential investment.
If you are ever in the Big Apple, go to Wall Street and look at this awe inspiring building. It will truly take your breath away. There is so much activity and chaos you will not be able to catch your breath.