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
Big Canadian buyer of US RIAs applies to list on NYSE
RIA NEWS NOV 05, 2020
Big Canadian buyer of US RIAs applies to list on NYSE

CI Financial has acquired 10 U.S. registered investment advisers since February, and plans to buy more

BlackRock launches small-cap value ETF, defying market trends
EQUITIES OCT 30, 2020
BlackRock launches small-cap value ETF, defying market trends

Both small-cap shares and value strategies have taken a beating this year as the coronavirus sparked an economic crisis

NYSE threatens to move out of New Jersey if trade tax is imposed
NYSE threatens to move out of New Jersey if trade tax is imposed

A test in which the exchange temporarily moved its production servers out of New Jersey was successful, exec says

New Jersey financial transaction tax set for Assembly hearing
New Jersey financial transaction tax set for Assembly hearing

Amendments to reduce the size of the levy and set an expiration date likely to be considered

First blank-check ETF debuts
MUTUAL FUNDS OCT 01, 2020
First blank-check ETF debuts

The new fund gives investors a chance to participate in one of the hottest areas of the stock market

New York state legislature considers tax on stock trades
EQUITIES JUL 20, 2020
New York state legislature considers tax on stock trades

The pandemic has left the state facing a projected four-year deficit of $61 billion

One year since AssetMark's IPO: A look at the TAMP's growth
FINTECH JUL 17, 2020
One year since AssetMark's IPO: A look at the TAMP's growth

As the TAMP celebrates its IPO anniversary, CEO Charles Goldman reflects on challenges the company faced, the state of the market and future growth areas

American Century doubles down on semitransparent ETF lineup with ESG versions
ETFS JUL 17, 2020
American Century doubles down on semitransparent ETF lineup with ESG versions

The jury is still out on whether financial advisers will buy into the unique new fund wrapper

Wells Fargo sells $3 billion alternatives platform to iCapital
ALTERNATIVES JUN 18, 2020
Wells Fargo sells $3 billion alternatives platform to iCapital

Following an industry trend, the bank will leverage iCapital's technology to offer a white-label platform to clients

Partnership gives family offices greater access to private markets
FINTECH JUN 09, 2020
Partnership gives family offices greater access to private markets

ShareNett, an investment platform for family offices, announced a partnership with digital trading platform ClearList

Big US stock traders get SEC OK to start own exchange
EQUITIES MAY 05, 2020
Big US stock traders get SEC OK to start own exchange

Heavyweights backing Members Exchange, which include Morgan Stanley, hope the venture will reduce the cost of market data

Senators can’t rely on 'my adviser did it' excuse to dodge insider-trading questions
Senators can’t rely on 'my adviser did it' excuse to dodge insider-trading questions

Former SEC enforcement official says lawmakers should have set up blind trusts or automated trading

NYSE to shut trading floors Monday
EQUITIES MAR 18, 2020
NYSE to shut trading floors Monday

The company said that an employee and a trader both tested positive for the coronavirus

SEC employees told to ‘telework’ given possible virus case
SEC employees told to ‘telework’ given possible virus case

The commission confirmed a worker at its Washington headquarters was treated for respiratory symptoms and was being tested for coronavirus

Legg Mason triples down on nontransparent ETF bet
ETFS FEB 07, 2020
Legg Mason triples down on nontransparent ETF bet

With the final product still awaiting regulatory approval, Legg shows unyielding support for the new ETF wrapper by increasing its stake in Precidian