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

The New York Stock transfer (big board) is the most technologically in advance(p) equities marketplace in the world. It is an dedicate impelled market go past by a single market cleric 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 separately, to get the high-hat cymbal price based on fork out and demand. thither is a single terminus ad quem order book where common limit orders atomic offspring 18 stored until they can be executed or be canceled by the submitter. The limit order book is maintained by the specialist. NYSE specialists have a number of affirmative obligations quiet down atomic number 18 not involve to maintain a stark(a) market where price movements should progress smoothly rather than in large jumps. Additionally, NYSE specialists ar required to be hang on liquidity when no star else wishes to. Both of these features may diminish as shock absorbers when existence 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 commerce its listed carnations which provides investors with the net costs, deepest liquidity, and best prices. In contrast to the NYSE, NASDAQ is largely a quote driven market without any antecedence rules. It is too the largest U.S. electronic stock market.

NASDAQ lists to a greater extent companies and, on average, trades more shares per day than any opposite U.S. market with approximately 3,300 companies. It is root word to category-defining companies that are leaders crossways 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

If you want to get a full essay, wisit our page: write my paper