Stocks trade on multiple markets, but the listing venue has a unique responsibility to:

  • Provide a well-regulated market. NYSE Regulation oversees our responsibilities to protect investors and the public interest.
  • Establish displayed prices. NYSE’s unique market model provides deep liquidity and high-quality quotes that lower volatility and the issuers cost of capital.
  • Provide price discovery during the opening and closing auctions. Our unique auction process with Designated Market Makers provides superior price-discovery.

There is no single metric to measure market quality. Corporate issuers should consider various metrics when evaluating performance, including liquidity, the tightness of the bid-ask spread, the duration and size of the quote at the best prices, and other factors. See NYSE’s results below.

NYSE Market Quality

* Calculated using Enhanced Quoted Spread (EQS). EQS methodology is described here.

Source: NYSE Internal Database and Consolidated Tape Statistics, March 31, 2020

Data includes top 10 exchanges in all categories.

Includes NYSE Listed Securities only.

Traded Products

Equities »

Small-, medium- and large-cap companies alike are able to generate capital for expansion, growth and innovation at NYSE. Through the strategic combination of our different markets, we're able to support companies across the spectrum - from younger, high-growth businesses to blue-chip firms.

Bonds »

Designed to provide investors easy access to transparent pricing and trading information in today's debt market, the NYSE bond market structure offers corporate bonds including convertibles, corporate bonds, foreign debt instruments, foreign issuer bonds, non-U.S. currency denominated bonds and zero coupon bonds, as well as municipal bonds including general obligation and revenue bonds.