NYSE (New York Stock Exchange)
The world's largest stock exchange by market capitalization, located on Wall Street in New York City.
What is NYSE?
The New York Stock Exchange (NYSE), founded in 1792, is the world's largest stock exchange by market capitalization, listing over 2,400 companies with a combined value exceeding $25 trillion. Unlike NASDAQ's fully electronic model, NYSE uses a hybrid system combining electronic trading with designated market makers (DMMs) who manage auction-based trading on the physical floor at 11 Wall Street. NYSE is owned by Intercontinental Exchange (ICE) and is known for listing large, established companies in finance, industrials, energy, and consumer goods. The Dow Jones Industrial Average tracks 30 large NYSE and NASDAQ-listed companies as a historic benchmark.
Example
Berkshire Hathaway's Class A shares (BRK.A) trade on the NYSE at one of the highest per-share prices in history — over $600,000 per share — because Warren Buffett has never split the stock, preserving long-term investor alignment. The NYSE's specialist system helped ensure orderly trading even at these extreme price levels.