The NASDAQ and NYSEboth located in New York City, are the two largest stock exchanges in the world. The New York Stock Exchange NYSE has a larger market cap than the NASDAQ, which is known for its large selection of technology stocks e.

While trading on the NASDAQ is fully automated, the NYSE still uses human specialists to monitor and occasionally carry out its electronic trading. It is cheaper for companies to enter and stay listed on the NASDAQ exchange.

While both the NASDAQ and NYSE are located in New York City, the NYSE's location on Wall Street is generally considered more iconic, perhaps due to the exchange's human element.

Though trading on the NASDAQ is fully automated, the NASDAQ still has a physical presence in New York City, owning a floor in the MarketSite tower that is at the center of Times Square. The way trades are executed is the biggest difference between the NYSE and NASDAQ.

The NYSE is an auction market, so trades occur between buyers and sellers by matching their bid and ask prices respectively. If an investor wishes to buy stock that trades on the NYSE, her broker must call an order to the floor broker or enter it into the Universal Trading Platform UTP. Each company's stock on the NYSE has a specialist who oversees all its trades; this person is not an NYSE employee but someone hired by the listing company.

The specialist acts as an auctioneer to match buyers and sellers, as an agent to accept limit orders, and as a human support when markets are frenzied.

The NASDAQ is a little different. Instead of being an auction market, it's a dealer's forex broker interview. Buyers and sellers make transactions through a dealer, also called a market maker. Stock brokers must either call the market maker to make a trade or enter an order into the online execution system.

In the same system, market makers are also required to enter their prices for both buying and uk forex foreign exchange that they will honor for each security.

The electronic trading system then matches the buyers and sellers and executes the trade. In order for a security fake binary options account be listed on the NASDAQ, a company must submit an application and meet the following initial requirements:.

To be listed on the NYSE, a company must submit a request along with the following: Moreover, the company is required to meet the following guidelines:.

Listings fees are very profitable for the NASDAQ and NYSE. Examples of companies that trade on the NASDAQ include Bmw oem parts australia, Facebook, Google, Microsoft, Intel, Kraft Foods, and Sun Microsystems.

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Examples of companies that trade on the NYSE are Bank of America, Coca-Cola, Wal-Mart, Citigroup, and General Electric. The NASDAQ is perceived as a high-tech exchange and includes many nyse nasdaq stock brokers that deal with the Internet or electronics.

Electronic Trading: The Nasdaq Vs. The NYSE

Its stocks are considered more volatile and growth oriented. Meanwhile, the NYSE is considered to be the exchange for well-established companies that have stable and established stocks.

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Offices in a floor of the MarketSite tower in New York City's Times Square. Exchange for well-established companies, more stable stocks. Public or private Public Held by publicly listed InterContinental Exchange ICEwhich also owns Euronext. CEO Bob Greifeld Duncan L. NASDAQ vs NYSE 1 Location 2 How Trades Work 3 Listing Process 3.

Location While both the NASDAQ and NYSE are located in New York City, the NYSE's location on Wall Street is generally considered more iconic, perhaps due to the exchange's human element. Related Comparisons Stocks vs Bonds BSE vs NSE Naked Short Selling vs Short Selling Call Option vs Put Option Limit Order vs Stop Order Forward Contract vs Futures Contract. Follow Share Cite Authors. Stocks vs Bonds BSE vs NSE Naked Short Selling vs Short Selling Call Option vs Put Option Limit Order vs Stop Order Forward Contract vs Futures Contract Bears vs Bulls Non-qualified Stock Options vs Qualified Stock Options.

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Terms of use Privacy policy. Broker contacts specialist floor trader or enters it into Universal Trading Platform UTP. Exchange for high-tech stocks that are more growth oriented and potentially more volatile.

Held by publicly listed InterContinental Exchange ICEwhich also owns Euronext.