Nyse and Nasdaq Similarities and Differences

Running Header: Unit 1 World of finance Individual Project 1 Abstract The following report will debate NYSE and NASDAQ. It will give similarities of the two as hearty as the differences. Finally, it will explain how the telecommunication industry has been alter by the Bernard Ebbers case. NYSE and NASDAQ NYSE is a retention company that opened on April 4, 2007. It is known as the populations largest leading equities exchange group. They operate across the United States and Europe. They define in affair various cash equities, options, fixed incomes, futures, and fifty-fifty exchange traded goods (NYSE, 2010). NYSE is home to many of the worlds fade lending companies. This allows them the access needed in order to get by and grow within the trading industry. One of their largest lending competitors is NASDAQ. They argon the second largest leading equities exchange group in the world. NASDAQ is a bit older than NYSE, as it began operations in 1971. They accustom automated systems in order to compete in the trading industry. NASDAQ can both add and remove companies distributively form to their primary group known as the NASDAQ100 (NASDAQ, 2010). A contain exchange is a location in which people atomic number 18 allowed to buy and sell stock within a publically owned business.

The stock exchange assists with settling on a price between buyer and seller. They then charge each a fee for the services that they have provided. NYSE and NASDAQ atomic number 18 both responsible for being the most popular lender in the trading market as a major(ip) part of equities worldwide. They both also utilize a merchandise controller. NYSE has a specialist who is used to match up buyers and sellers (NYSE, 2010). NASDAQ uses a market overlord. The market maker will actualize with buyers and sellers in order to keep the trading flow expiry (NASDAQ, 2010). Although they both use traffic controllers, the roles of the specialist and market maker are totally different. NYSE does their trading in a physical location, such as the trading... If you want to get a full essay, order it on our website: Orderessay

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