AAI was honored to be a co-sponsor of a Charity event at the New York Stock Eschange on October 9, thanks to Lee Tian of the New York Institute of Finance.
The New York Stock Exchange (NYSE), often referred to as “The Big Board,” is the largest and one of the most prestigious stock exchanges in the world. Located on Wall Street in New York City, the NYSE plays a central role in global finance, offering a marketplace where investors can buy and sell publicly traded stocks and securities. Established in 1792, the exchange has evolved into a symbol of American capitalism, serving as a hub for the world’s largest corporations and institutional investors. The NYSE is known for its traditional floor-based trading system, where brokers and traders work in real-time to execute transactions, though it has embraced electronic trading in recent years to enhance speed and efficiency.
The exchange lists over 2,000 companies from a variety of industries, providing a platform for both well-established corporations and growing enterprises to raise capital. The companies listed on the NYSE are known for their financial stability, as they must meet strict listing requirements. Iconic names such as Coca-Cola, IBM, and General Electric have long been associated with the exchange, and it continues to be a leading venue for initial public offerings (IPOs).
The NYSE is a key player in setting global market trends, and its performance is closely watched as a barometer of the overall health of the U.S. economy. Its major indices, like the Dow Jones Industrial Average (DJIA) and the S&P 500, are widely used to measure market sentiment and investor confidence worldwide.