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NYSE - Definition
Below, you'll find a definition of this investing term...

Definition:  An age-old stock exchange where floor traders buy and sell large volumes of stock.

TeenAnalyst Advice: The New York Stock Exchange is the oldest stock exchange in the country.  It's also the most selective in terms of what stocks can be listed on it.

People are always arguing that the NASDAQ is a better exchange because everything is done electronically.  But what most people don't realize is that the NYSE is also highly automated.  Floor traders only execute large trades.

Why have a person execute a trade?  Because they can ensure you get the best price!

 

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Investing - Learn more about investing basics and strategies.

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