At the NYSE, we spend a lot of time thinking about the unique needs of every potential listing. No two companies are identical. We work hard to provide the best IPO experience and ongoing support for every company, large or small, from every industry sector. Businesses today need flexibility and transparency to meet evolving customer, talent and market demands.
Going public is an effective solution to meet those needs. The NYSE’s market model provides important benefits to companies entering the public markets for the first time. Those same benefits continue in perpetuity spanning a company’s entire journey as a public entity.
What makes our model different? On the NYSE trading floor, each listed stock has a human trader dedicated to overseeing its activity from the Opening Bell to the closing auction. These individual “market makers” can intervene at critical moments, such as managing the first trade of a new IPO. This brings lower volatility and smoother trading than would be possible otherwise, resulting in real cost savings for our listed companies and their investors.
Warby Parker (NYSE: WRBY) began with a mission to inspire and impact the world with vision, purpose and style. They demonstrated that a business can be profitable and grow, while still doing good in the world -- all without charging a premium. The Warby team has shown creativity and innovation in pursuit of that goal, and we're proud they chose to be NYSE-Listed.
We believe in the power of our markets to engage the NYSE community and create change. In 2021, we saw a strong focus on ESG among companies that listed on the NYSE.
New listed companies include FIGS (NYSE: FIGS), which highlighted diversity when it went public this year under the leadership of female co-founders and co-CEOs, Heather Hasson and Trina Spear. In terms of environmental impact, companies in the electric vehicles sector like ChargePoint (NYSE: CHPT), Volta (NYSE: VLTA) and Lightning eMotors (NYSE: ZEV) made their public debuts.
Ginkgo Bioworks (NYSE: DNA) has a lofty goal -- to program cells to make everything from food to materials to therapeutics. Co-founder and CEO Dr. Jason Kelly share his experience bringing the company public. Toast (NYSE: TOST) is on a mission to enrich the food experience for all, by empowering over 40,000 restaurants to do what they love. Meanwhile, On Running (NYSE: ONON) began with three friends and one mission: one revolutionary idea that fans call "running on clouds."
Telling a cohesive ESG story to stakeholders and understanding best practices around disclosures are top-of-mind for the NYSE community. Sustainability and efforts to advance workplace diversity are not new ideas. In fact, the United Nations Principles for Responsible Investment were launched at the NYSE in 2006.
We’re committed to providing resources and platforms for listed companies. Creating a dialogue between issuers and investors to help build more sustainable companies that deliver long-term benefits for all stakeholders. As ESG investing becomes more mainstream, and stakeholders increasingly focus on ESG performance, more companies will benefit from demonstrating how they consider these issues.
The NYSE’s Best Practices for Sustainability Reporting aims to help companies navigate the world of reporting and disclosure. These guidelines are not mandatory, or intended to replace existing disclosure frameworks and standards. Rather, our aim is to help companies with their ESG disclosure by highlighting key elements of good quality reporting.
The U.S. ETF market has seen tremendous growth. According to the Investment Company Institute, net assets grew six-fold over the last decade to $3.4 trillion. Exchange-traded products, which include exchange-traded funds (ETFs), exchange-traded notes (ETNs) and exchange-traded vehicles (ETVs), combine the simplicity of stocks with the diversified risk of mutual funds.
In 2021, the NYSE saw several milestones, including the first-ever Mutual Fund to ETF Conversion, the first Bitcoin Futures ETF, a total of 55 new ETF issuers and over 1,800 ETFs listed on NYSE Arca.
NYSE Arca has the greatest market share of traded volume and greatest depth of liquidity across all U.S. ETPs. With the narrowest quoted spreads and quotes at the best prices across all U.S. ETPs, we offer a better trading experience for your investors.
C-Suite perspectives, industry news, market insights, and other news you can use.
This series features interactive discussions with NYSE-listed C-suite on navigating the rapid push to digitalization all industries are undergoing, and its lasting impact.
Featuring interviews with the NYSE’s community of business leaders on how they are pushing their businesses forward, innovating and planning for the future.
Conversations with leaders, entrepreneurs, and visionaries. Inside the ICE House takes listeners behind the historic façade of the New York Stock Exchange and inside the global financial marketplace.