Question

In: Finance

• compare NYSE and NASDAQ;

• compare NYSE and NASDAQ;

Solutions

Expert Solution

Comparison of NYSE & NASDAQ:

NASDAQ                                                                    NYSE

1) National association of securities                        1) New York stock exchange

Dealers automated quotations

2) Founded in 1971                                                      2) founded in 1817

3) Market type is dealer’s market 3) market type is auction’s market

4) No of companies listed is around 4) no of companies listed is 1860

2900

5) Total market capital of companies listed 5) Total market cap is $16.6 trillion

Is $8.5 trillion

6) Listing fee is around $50,000 to $75,000 6) listing fee is up to $250,000

7) Annual fee for listed companies is $27,500 7) listed cap is around $500,000

8) Stock ticker is NDAQ                                                 8) stock ticker is ICE

9) CEO is Bob Greifield                                                  9) CEO is Duncan L Niederauer


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