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What does the new york Stock Exchange do?

New york Stock Exchange is a place to provide places and facilities for centralized trading, and to organize and supervise securities trading. It is located at Broadway 18, new york, NY, USA, on the south side of the corner of Wall Street. On June 1 day, 2006, new york Stock Exchange announced its merger with Euronext to form new york Stock Exchange-Euronext Company.

New york Stock Exchange has a long history, a mature market and strict listing conditions. Companies that want to go public for financing before making money cannot enter the NYSE, and most of the world's top 500 companies with a long history are listed on the NYSE. For example, Jiaosheng, ups and fdx, which sell shampoo, are members of the NYSE.

In the development process of more than 200 years, new york Stock Exchange has played a decisive role in the development of American economy, the smooth progress of socialized mass production and the construction of modern market economy system.

Extended data

New york Stock Exchange's requirements for American listed companies;

1. The company's pre-tax profit in the latest year is not less than USD 2.5 million;

2. The public owns not less than 165438+ ten thousand shares of the company;

3. The company has at least 2,000 investors, and each investor owns more than 65,438+000 shares;

4. The issue amount of common shares shall be no less than USD 40 million at the market price;

5. The tangible net assets of the company shall not be less than USD 40 million.

Baidu Encyclopedia-new york Stock Exchange