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The New York Stock Exchange (NYSE) is the world's leading equities market. The NYSE is by far the world's largest market, and more capital is raised at the NYSE than in any other equities market. The Exchange is home to nearly 2,800 companies with a total global market capitalization of $22.5 trillion, including $8.4 trillion for 448 non-U.S. companies from 47 countries.
NYSE-listed companies range from "blue chip," to many of the world's leading technology companies, and young, high-growth enterprises. 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 realize the best possible price through the interplay of supply and demand.
On an average day in 2005, 1.9 billion shares, valued at $69.4 billion, traded on the NYSE. In 2005, the NYSE maintained an 78.6% share of trading in its listed stocks during regular NYSE trading hours and provided the most competitive quotes in its listed stocks creating the National Best Bid and Offer more than 88% of the time. The NYSE was also the most liquid market, offering the largest number of shares at the best-quoted prices.
