Sunday, 22 October 2017

9 Difference Between Nasdaq And Nyse

1. Nyse founded in the year 1792.
The NASDAQ was founded in the year 1971 by the NASDAQ OMX Group.
2. Although the NYSE leads the stock market in market capitalization, the NASDAQ is the leader when it comes to market share and the sheer volume traded.
3. The Nasdaq is a dealer's market, wherein market participants are not buying from and selling to one another directly but through a dealer, who, in the case of the Nasdaq, is a market maker. The NYSE is an auction market, wherein individuals are typically buying and selling between one another, and there is an auction occurring.
4. The Nasdaq is typically known as a high-tech market, attracting many of the firms dealing with the internet or electronics.
5. The companies on NYSE are perceived to be less volatile.
6. The entry fee a company can expect to pay on the NYSE is up to $500,000 while on the Nasdaq, it is only $50,000 to $75,000.
7. The market capitalization in the same year for the NYSE was $16.6 trillion and for the NASDAQ was $8.5 trillion.
8. The following lists a few of the indices of both the companies:
NYSE Indices: The Dow Jones Industrial Average, the NYSE Composite, and NYSE Equity Indices. NASDAQ Indices: The NASDAQ Composite, NASDAQ Biotechnology, and NASDAQ-100.
9. The Nasdaq exchange was listed as a publicly-traded corporation, while the NYSE was private. This all changed in March 2006 when the NYSE went public after being a not-for-profit exchange for nearly 214 years.



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