COMPANIES

New York Stock Exchange

Office address: 11 Wall St, New York, NY 10005
Website: nyse.com
Year established: 1792
Company type: financial services
Employees: 1,000+
Expertise: equities trading, ETF exchange operations, options trading, bonds, ETPs, trading technology infrastructure, equity index data, data products, market determinism, price discovery mechanisms, auction facilitation
Parent company: Intercontinental Exchange (ICE)
Key people: Lynn Martin (president), Sharon Bowen (chair), Michael Harris (vice chair), Sridhar Masam (CTO), Jon Herrick (chief product officer), Chris Taylor (chief development officer), Tara Dziedzic (head of US Listings)
Financing status: corporate backed or acquired

The New York Stock Exchange (NYSE) serves as the world's largest equities exchange in Lower Manhattan. Here, companies raise capital through public share listings and investors trade equities daily. As of 2025, it lists 74 percent of Fortune 500 and 70 percent of S&P 500.

History of New York Stock Exchange

In 1792, 24 stockbrokers gathered beneath a buttonwood tree on Wall Street and signed an agreement to establish trading rules and fixed commissions. The nation's markets were in chaos, and these traders sought to rebuild public confidence in securities trading.

That simple pact eventually became the foundation for the New York Stock Exchange, the world's largest equities exchange.

Colonial foundations

Wall Street's roots trace to 1624 when Dutch settlers founded New Amsterdam. They built a protective stockade wall that eventually gave the street its name.

The Compromise of 1790 positioned Wall Street as the nation's financial center. Alexander Hamilton, the first Treasury Secretary, implemented his vision of federal bonds and credit markets.

Early organization

By 1817, brokers formalized operations into the New York Stock and Exchange Board. They established twice-daily trading sessions at 40 Wall Street.

A presiding officer called out securities while traders shouted bids and offers from assigned chairs. This practice introduced the term "seat," which describes NYSE membership today.

By 1865, the exchange traded over 300 different securities. The growing volume prompted relocation to a permanent home on Broad Street.

The New York Stock Exchange's innovation

The stock ticker arrived in 1867 and transmitted prices instantly via telegraph. Telephones installed in 1878 accelerated trading further. By the late 1880s, daily volume exceeded one million shares for the first time. The 1903 building also became the first air-conditioned structure in North America.

After decades of innovation, market crises, and technological advancement, the New York Stock Exchange evolved into what it is today. Then in 2013, ICE acquired the New York Stock Exchange and remains its parent company today.

Modern challenges and opportunities

The Securities and Exchange Commission (SEC) approved extended trading hours for NYSE Arca, the exchange's all-electronic trading platform, in February 2025. The exchange plans to launch 22-hour daily trading from 1:30 a.m. to 11:30 p.m. ET by late 2026. Though extended hours raise concerns about advisor fatigue, the longer window provides global investors greater access to US-listed securities.

Surging profits at the 130 financial institutions listed on the exchange reinforced the New York Stock Exchange's role in US capital markets in 2025. The exchange's firms generated $30 billion in first-half profits, with compensation expenses rising and average bonuses reaching $244,700. Strong financial performance strengthened the NYSE's position as a leading global trading hub.

New York Stock Exchange services

The New York Stock Exchange combines multiple asset classes with advanced trading technology and global market access:

Products

  • equities: shares of publicly listed companies traded daily
  • options: derivative contracts based on underlying stock prices
  • bonds: income assets backed by corporate and government promises
  • ETPs: exchange-traded products tracking various market indexes

Data

  • trading and data information: real-time market quotes and transaction details
  • NYSE data products: specialized datasets for market analysis and research
  • equity index data: benchmark index performance and constituent information
  • data policies, contracts and guidelines: agreements governing data access and use

Tools and platforms

  • Pillar trading system: integrated technology platform for order execution
  • ICE global network: connectivity infrastructure for worldwide market access
  • widget library: customizable software tools for market data integration
  • SIAC: infrastructure managing network operations and market support

The New York Stock Exchange provides comprehensive operational support through real-time market updates, regulatory guidance, and technical assistance. These resources help traders execute transactions safely and maintain compliance with exchange rules.

Culture and corporate values

Capitalism forms the New York Stock Exchange's core mission, which is enabling companies worldwide to raise capital and reach investors. The exchange promotes transparency and good governance to ensure fair markets and investor confidence. The NYSE influences global financial policy through:

  • thought leadership programs
  • board meetings
  • annual conferences

The NYSE lists more than 2,000 public companies valued at over $40 trillion as of March 31, 2025. Over 500 international firms from 45 countries have chosen the NYSE as their listing exchange. These listed companies employ approximately 43 million people worldwide.

About Lynn Martin and key people

Lynn Martin is president of NYSE Group, which runs the world's largest stock market, four equity markets, and two options exchanges. Martin's academic background includes undergraduate studies in computer science from Manhattan College and graduate studies in statistics from Columbia University.

Assisting Martin in leading the New York Stock Exchange operations are these key people:

  • Sridhar Masam is chief technology officer, overseeing the exchange's technology systems and digital infrastructure
  • Jon Herrick is chief product officer, developing the exchange's trading platforms and market services
  • Chris Taylor is chief development officer, driving business growth and expansion in global markets
  • Tara Dziedzic is head of US Listings, supporting and managing relationships with American listed companies
  • Sharon Bowen is chair of the NYSE board overseeing corporate governance and strategic direction for the exchange
  • Michael Harris is vice chair and global head of capital markets, overseeing worldwide capital raising operations and client services

These leaders guide the New York Stock Exchange based on the principle that free and fair markets benefit everyone.

The future at New York Stock Exchange

The NYSE emerged as the central figure in New York's stock sales tax debate in April 2025. The proposed tax would cost traders around half a penny per dollar in stock transactions. The threat of relocation poses serious risks to the New York Stock Exchange's future operations in the state.

Beyond its market operations, the NYSE facilitates bell-ringing ceremonies to honor firms celebrating major milestones in their capital markets history. For example, Wellington Shields, a 100-year-old wealth manager, rang the closing bell on July 9, 2025. The exchange's celebration of independent firms demonstrates its commitment to recognizing long-term business relationships and cultural values.

The latest New York Stock Exchange news

Displaying 664 results
JPMorgan builds unit catering to world’s richest families
RIA NEWS MAY 30, 2023
JPMorgan builds unit catering to world’s richest families

The unit, called 23 Wall, is led by JPMorgan veteran Andy Cohen and focuses on about 700 families worth more than $4.5 trillion.

CI Financial cashes in big with sale of stake in Boston RIA
RIA NEWS APR 28, 2023
CI Financial cashes in big with sale of stake in Boston RIA

CI claims to have tripled its return on its original minority investment in Congress Wealth Management.

Mutual fund companies can no longer ignore ETFs
ETFS FEB 07, 2023
Mutual fund companies can no longer ignore ETFs

Active managers American Funds and T. Rowe Price are finding success as newcomers to the exchange-traded fund space.

SEC plan calls for overhaul of the way stocks are traded
SEC plan calls for overhaul of the way stocks are traded

The agency laid out four proposals that Chair Gary Gensler says would boost transparency and competition.

Schorsch SPAC fails to get off the ground
ALTERNATIVES NOV 17, 2022
Schorsch SPAC fails to get off the ground

G&P Acquisition Corp.'s announcement that it will liquidate and redeem its shares because of its inability to launch comes after the NYSE said earlier this month that it was delisting the company's warrants.

CI Financial to separate US, Canada units as debt concerns rise
RIA NEWS NOV 11, 2022
CI Financial to separate US, Canada units as debt concerns rise

The Toronto-based firm said it will use the proceeds of the planned IPO of its US wealth management unit to improve its balance sheet.

SPAC boom over, NYSE moves to delist warrants of Schorsch-backed company
EQUITIES NOV 08, 2022
SPAC boom over, NYSE moves to delist warrants of Schorsch-backed company

The exchange said the warrants weren't suitable for listing because of their extremely low pricing.

Capital Group launches 3 actively managed fixed-income funds
MUTUAL FUNDS OCT 28, 2022
Capital Group launches 3 actively managed fixed-income funds

With focuses spanning from municipal bonds to short-duration debt, the ETFs are meant to offer access to high yields while managing risk linked to the Federal Reserve’s aggressive monetary policy.

CI Financial shares lose value amid US deal spree 
RIA NEWS AUG 30, 2022
CI Financial shares lose value amid US deal spree 

CEO’s radical remake was accompanied by the exodus of 13 portfolio managers, traders and analysts to the Bank of Montreal.

NYSE says nuh-uh to broker-dealer SPAC
ALTERNATIVES JUL 15, 2022
NYSE says nuh-uh to broker-dealer SPAC

The recently announced merger of the Kingswood SPAC with broker-dealer aggregator Wentworth fell short of the Big Board's listing standards.

SEC weighs sending retail stock orders to auctions for execution
SEC weighs sending retail stock orders to auctions for execution

Changes would impact the exchange businesses which display prices and aggregate trading data.

Finra appoints Michael Solomon to head examinations
RIA NEWS JUN 02, 2022
Finra appoints Michael Solomon to head examinations

After a stint as chief compliance officer at Rockefeller Financial, Solomon returns to the industry regulator.

CI Financial will file to take US business public
RIA NEWS APR 07, 2022
CI Financial will file to take US business public

The US IPO will give the Canadian financial conglomerate another method to pay for its purchases of registered investment advisers, says CEO Kurt MacAlpine.

AIG files for IPO of life and retirement business
AIG files for IPO of life and retirement business

The insurer's life and retirement arm, which has $411 billion in client assets, will be renamed Corebridge Financial once it goes public.

Last great ETF holdout caves as Capital Group launches funds
MUTUAL FUNDS FEB 24, 2022
Last great ETF holdout caves as Capital Group launches funds

One ETF will focus on fixed income, three will invest primarily in U.S. equities, and two will be devoted to global stocks.