This Question is Answered 

    anon

    How Does The NY Stock Exchange Affect Monetary Policy?

    asked 2 years ago

    Can't find what you're looking for?

    Ask a Question, Get an Answer ASAP


    1 Answer


    Formed in 1792 with a group of just 24 men, the New York Stock Exchange in Wall Street is the oldest and the largest stock in the US and one of the most influential in the world. In fact, it is the biggest stock exchange in the world according to dollar volume and the second biggest according to the number of companies listed.

    The NYSE uses people or 'floor traders' to make trades while the other stock exchange the NASDAQ is computer driven. It was the NYSE that supplied capital for the US industrialization. The NY stock exchange is bound to affect the monetary policy with more than 2850 companies worth $20.5 trillion in global market capitalization listed on the exchange. It has a portfolio of leading blue chips companies, mid-caps and small-cap companies that meet the regulations of the NYSE.

    answered 2 years ago   

    New Comment

    500 characters left


      What is Blurtit ?

      Ask questions on any topic, get great answers from real people for FREE. Blurtit has hundreds of thousand of members so your sure to get the answer your looking for.

      Ask a Question.

        Ask a Question