The U.S. equities marketplace is the largest, most competitive and complex in the world. While its function has remained the same, it has dramatically transformed over the past two decades. Learn how these changes impact listed companies and U.S. investors.
Benefits of U.S. Market Structure
Licensed exchanges – like the NYSE and Nasdaq – are the backbone of our equity markets. They provide public companies with access to capital. Investors benefit from highly regulated markets with efficient, transparent prices.
Exchanges also provide the quotes and prices that the entire market relies upon. This includes broker dealers which use the prices formed on exchanges to internalize their clients’ orders and facilitate trading in their dark pools.
NYSE’s key functions: