Nyse Vs Nasdaq Essay Example | Topics and Well Written Essays - 500 words

Nyse Vs Nasdaq - Essay Example They have websites and so much of the trading that is conducted through them is done through the Internet. Within this context it is interesting to examine the role played by the New York Stock Exchange and NASDAQ in our developing financial world. Few companies illustrate the above situation as well as NASDAQ, the world's first electronic trading company. NASDAQ led the charge away from site-specific bourses and towards a virtual presence where trading is done through software and online. This is the direction many stock exchanges have been going, although most maintain a premier city-specific exchange as part of their brand. With the merger of NYSE and Euronext a few years ago, NASDAQ has a competitor. Both companies due basically the same thing. NYSE Euronext has a massive sweep now that NYSE has a European foothold. It is more competitive with NASDAQ. Both companies continue to purchase stock exchanges. NASDAQ in 2007, for example, bought the Philadelphia exchange. A lot of the m oney now is in mergers and acquisitions among stock exchange companies. Both companies are based out of New York. There are a few differences between the two companies. NASDAQ has been more aggressive and more of a pioneer. Another big difference is how securities are actually traded.