New York Stock Exchange NYSE Law and Legal Definition
The New York Stock Exchange (NYSE) is an equities market. A broad spectrum of market participants, including listed companies, individual investors, institutional investors and member firms, create the NYSE market. Buyers and sellers meet directly in a fair, open and orderly market to access the best possible price through the interplay of supply and demand. On an average day, 1.5 billion shares, valued at $47.9 billion, trade on the NYSE.
The NYSE regulates ensures all members, member firms and listed companies. It oversees the actions of over a hundred specialist firms, floor brokerages and registered traders that do not interact directly with investors, as well as some 250 member firms that do work directly with investors. Meanwhile, the roughly 2,800 companies listed on the NYSE are required to meet high standards of financial and corporate accountability and transparency.