NYSE Stock Market Trading Exchange | Definition | What is it?

NYSE Stock Market

NYSE Stock Market Trading Exchange | Definition

New York Stock Exchange. An unincorporated, voluntary association founded in 1792 and existing under a written constitution and by-laws. Membership must be approached by a Committee on Admissions and is obtained by purchasing a seat from a retiring, deceased, or expelled member. Privileges include the right to buy and sell securities on the trading floor of the Exchange for one's own account or for others.

Also known as the "Big Board" or "The Exchange." More than 2,00 common and preferred stocks are traded. It is located on Wall Street in New York City.

Frank Russell Securities, Inc. has been a member of NYSE since 1971.

For more information, see the NYSE web site.

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