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Fundamentals of Financial Manageme...

14th Edition
Eugene F. Brigham + 1 other
ISBN: 9781285867977

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BuyFindarrow_forward

Fundamentals of Financial Manageme...

14th Edition
Eugene F. Brigham + 1 other
ISBN: 9781285867977
Textbook Problem

Identify and briefly compare the two leading stock exchanges in the United States today.

Summary Introduction

To explain: The difference between the two U.S. stock exchanges.

Introduction:

NY stock exchange: NY stock exchange is a U.S. stock exchange, founded in 1792 by intercontinental exchange, to buy and sell the securities and provide a direct connection between buyer and seller.

NASDAQ: NASDAQ is an A country exchange, founded in 1971, to trade the stocks of telecommunication platform and provide a virtual connection between buyer and seller.

Explanation

The two major stock exchanges of U.S. are NY stock exchange and NASDAQ.

BasisNY Stock ExchangeNASDAQ
FoundedNY stock exchange was founded in 1792.NASDAQ was founded in 1971.
FounderIntercontinental exchange is the founder of NY stock exchange.NASDAQ is the self owner.
Trading formNY stock exchange is the physical trading platform...

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