New York Stock Exchange - NYSE

It stands for:

New
York
Stock
Exchange

The NYSE is the oldest stock exchange in the United States and one of the biggest exchanges in the world. When news anchors show something happening in the economy, they almost always flash an image of the floor of the NYSE.

Companies can list their shares on the NYSE if they meet SEC standards and go through a whole process of getting listed.

NASDAQ and electronic trading networks have meant that the NYSE is less important than it used to be...but don't tell them that. They get very touchy about it.

There are two key structural differences in the two trading systems. The NYSE is an actual place. It has a physical location, address, etc. NASDAQ is a concept. A religion. A network. It’s not really a place, at least not a geographic one. The other big difference is the manner in which shares are traded. The NYSE is an auction based system. One individual is a buyer of AMZN at $983.25. He screams (electronically) that number, and then buys from whomever is willing to sell at that price. Individuals buy from individuals. That’s an auction market.