The New York Stock Exchange

   

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Equities

 

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.

Market Quality Performance1

MOST MARKET SHARE AND LIQUIDITY: NYSE has the most market share with almost 3 times more liquidity than the next largest exchange.

NYSE has the most market share with almost 3 times more liquidity than the next largest exchange.

Source: NYSE Internal Database and Consolidated Tape Statistics, Q42017

MOST TIME QUOTING AT BEST PRICES: NYSE is at the best price (NBBO) 50% more often than any other exchange throughout the day.

NYSE is at the best price (NBBO) 50% more often than any other exchange throughout the day.

Source: NYSE Internal Database and Consolidated Tape Statistics, Q42017

LARGEST QUOTED SIZE AT BEST PRICES: NYSE has the most displayed shares at the best price, more than double the next largest exchange.

NYSE has the most displayed shares at the best price, more than double the next largest exchange.

Source: NYSE Internal Database and Consolidated Tape Statistics, Q42017

NARROWEST QUOTED SPREAD: NYSE has the narrowest quoted spread.

NYSE has the narrowest quoted spread.

2 Comparison includes exchanges with a two-sided market > 75% of the trading day in at least 1,000 securities.

Source: NYSE Internal Database and Consolidated Tape Statistics, Q42017

1For NYSE listed issues only.

NYSE Equity Information

Equities Roster

See a snapshot of all stocks listed through NYSE, NYSE American, and NYSE Arca, and get a quick overview of their historic growth patterns, profitability margins and recent valuations.

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Our High-Touch Market Model

Take a look at how the NYSE market model works and how we use it to lower volatility around the equities that trade through our markets.

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Trade Our Markets

The global financial markets come to life at NYSE, where brokers and traders have access to stocks, bonds, ETPs, options and bonds across six liquid markets.

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CLOSING AUCTIONS

The New York Stock Exchange closing auction is the single largest liquidity event of the day. Find out what our floor brokers say about delivering value to NYSE customers.

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NYSE Market Quality - Infographic

NYSE ranks #1 in four critical market quality metrics.

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