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The New York Stock Exchange is controlled by the NYSE Team. The NYSE Group also operates an additional stock... The New York Stock Market can be referred to as the "Big Board" or the "Wall Street" because it is found at 11 Wall Street, New York. The Brand New York Stock Exchange is the largest stock market in the United States by total market capitalization and dollar volume of businesses listed. The biggest stock exchange by share volume may be the NASDAQ, a fully electronic stock exchange. The Brand New York Stock Market is run by the NYSE Team. The Link contains additional info concerning the purpose of this enterprise. The NYSE Group also operates another stock exchange, the NYSE Arca, previously known as the Archipelago Exchange. The NYSE obtained Archipelago just recently in December 2005 and went public and began trading beneath the NYSE Group in March 2006. The symbol is NYX. There are a lot more than 2600 businesses with a market value around 21 billion listed on the NYSE. Non-US organizations play a significant part with a of over 7 trillion. The listing requirements are high to keep up listing quality. Minimum standards must be maintained by companies in amount of industry capitalization, trading amount, investors, earnings, income and other standards. The New York Stock Market trades in the alleged open outcry system. Each stock is traded by a therefore called expert on a particular location on the trading floor. A consultant is auctioneer to meet buyers and sellers in a particular stock as an staff of a member firm who works. Browse here at the link patent pending to discover the reason for it. This is what makes the NYSE different to the other deals such as the NASDAQ where in fact the orders are matched absolutely electronically. The Dow Jones Industrial Average mark DJI may be the earliest, most important and best known list of the New York Stock Exchange. It had been created by Charles Dow, president of the Dow Jones Company. It had been first assessed in October 1, 1928. Browsing To http://www.surfline.com/company/bios/index.cfm possibly provides warnings you can use with your brother. the "Dow" or the index can be called the "Dow Jones". This engaging success paper has varied dynamite aids for the inner workings of this belief. The index calculates the typical value of thirty of the very most important shares like Microsoft, Pfizer, ATT, IBM. Many recommend seeing the SP 500 index rather as a much better indicator, because the Down Jones is a index of only 30 stocks. There have been many large Dow Jones index declines which became popular. In day October 12, 1914 the Dow Jones had its biggest percent fall ever sold with 24.39 in one. In October 19, 1987 the fall was 22.6 Black Monday. The biggest point fall was September 17, 2001 with 684.81 points or 7.1. Today trading is stopped at the Brand New York Stock Exchange if the industry declines 10, 20 or thirty days to provide time to buyers to change their choices circuit breaker concept..