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New York Stock Exchange Vs Nasdaq Essay

195 Words1 Pages
The New York Stock Exchange (NYSE) and the NASQ are two well know examples of secondary markets for trading,” (Cornett, Adair, Nofsinger, 2014, p. 131). While trading on the NASDAQ is fully automated, the NYSE still uses human specialists to monitor and occasionally carry out electronic trading. It is cheaper for companies to enter and stay listed on the NASDAQ exchange. The NYSE is the oldest of the two and also much larger than the NASDAQ. The stock market can be divided into two main sections: the primary market and the secondary market. The primary market is where new issues are first sold through initial public offerings. Institutional investors typically purchase most of these shares from investment banks. All subsequent trading goes
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