Similarities and Differences Between Nyse and Nasdaq

699 WordsMay 9, 20133 Pages
There are many ways that the New York Stock Exchange (NYSE) and National Association of Securities Dealers Automated Quotations (NASDAQ) are similar. These two trading centers make up for the bulk of trade that is connect to equities in the United States and European stock market. The two stock exchange centers concentrate in trading stock options, cash equities, fixed incomes and also exchange traded goods. In order to keep the market current, both exchanges use what is called traffic controllers. The traffic controllers of both exchanges deal with specific traffic problems and, in turn, make it possible for their markets to work. On the NASDAQ, the traffic controller is known as the market maker, who, we already mentioned, transacts with…show more content…
It was mainly put into effect to protect investors. Therefore, one of the main stipulations of the Sarbanes Oxley Act was the creation of the Public Company Oversight Board. This was a nonprofit corporation that put policies in place dealing with business auditing. However, there main purpose was to serve the people. They make sure that the investors receive fair and accurate reports. References Nixon, L. (N/D). Facts on Public Company Accounting Reform & Investor Protection Act. Ehow. Retrieved from, www.ehow.com/...public-reform-investor-protection-act.html Difference Between. (N/D). Difference Between NASDAQ and the NYSE. NASDAQ vs. the NYSE. Retrieved from,
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