Exchanges Case

When someone says stock market most will think of The New York Stock Exchange (NYSE) and the National Association of Securities Dealers Automated Quotations (NASDAQ). These are two of the best stock exchanges throughout the world and each of them is located in New York City. Although each has different names both do have similarities and differences. The public company accounting and investor protection act of 2002 will be discussed.

Some similar traits that the New York Stock Exchange and the National Association of Securities Dealers Automated Quotations are that they are both responsible for most of trades when it comes to equities in the United States and the European stock market. The two markets are similar in that each use electronic screens since both utilize screen based electronic stock exchanges. With both exchanges using this system this allows the Stock Exchange Commission to be able to sync the exchanges and join in the activity of trading stock (NYSE, 2013). One obvious difference would be the name of the two exchanges but one other difference is that NASDAQ started using bulletin boards to show off stock prices but now does trading directly and only online (NASDAQ, 2013). When someone is looking to sell stock with NASDAQ it is completed through a dealer. In this process the dealer will find the best buyer and place them with a seller that has stock that interests them. With high interest in people who want trade through electronics and internet. When comparing the two exchanges and their listing requirements the NASDAQ is cheaper than the NYSE having an annual fee of sixty thousand dollars (NASDAQ, 2013). One obvious difference would be the name of the two exchanges but one other difference is that NASDAQ started using bulletin boards to show off stock prices but now does trading directly and only online (NASDAQ, 2013). When someone is looking to sell stock with NASDAQ it is completed through a dealer. In this process the dealer will find the best buyer and place them with a seller that has stock that interests them. With high interest in people who want trade through electronics and internet. When comparing the two exchanges and their listing requirements the NASDAQ is cheaper than the NYSE having an annual fee of sixty thousand dollars (NASDAQ, 2013).One obvious difference would be the name of the two exchanges but one other difference is that NASDAQ started using bulletin boards to show off stock prices but now does trading directly and only online (NASDAQ, 2013). When someone is looking to sell stock with NASDAQ it is completed through a dealer. In this process the dealer will find the best buyer and place them with a seller that has stock that interests them. With high interest in people who want trade through electronics and internet. When comparing the two exchanges and their listing requirements the NASDAQ is cheaper than the NYSE having an annual fee of sixty thousand dollars (NASDAQ, 2013).

...