Saturday, June 6, 2009

Investopedia explains

The origins of the exchange date all the way back to 1792. Because of its long operating history the NYSE is home to the majority of the world’s largest and best-known companies. Foreign-based corporations can list their shares on the NYSE if they adhere to certain Securities and Exchange Commission (SEC) rules, known as listing standards.The NYSE opens for trading Monday through Friday 9:30a.m. to 4:00p.m. (ET), closing early on rare occasions. The market also shuts down during nine holidays throughout the year.

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