Companies traded on the New York Stock Exchange
From ArticleWorld
Companies traded on the New York Stock Exchange (NYSE) range from blue-chip companies through dominant technology companies, to newer, high-growth enterprises. There are nearly 2,800 companies, worldwide.
In 2004, the New York Stock Exchange pulled in 90% of initial public offering (IPO) proceeds for qualified United States operating companies, with 69 IPOs garnering US$24.4 billion. Forty closed-end funds and thirteen exchange-traded funds listed IPOs on the NYSE in 2004. The majority of non-U.S. IPOs eligible for listing on the NYSE also did so, raising $6.75 billion in proceeds worldwide.
New York Stock Exchange
The New York Stock Exchange (NYSE) , also nicknamed the "Big Board", is by far the largest stock exchange in the world (by dollar volume) and second largest by number of listings. Its share volume was exceeded by that of NASDAQ (historic comparison graph - PDF) during the 1990s, but the total market capitalization of companies listed on the NYSE is five times that of companies listed on NASDAQ. The NYSE is operated by NYSE Group, which was formed by merger with the fully electronic stock exchange Archipelago Holdings.
The New York Stock Exchange trading floor is located at 11 Wall St., and is comprised of five rooms used for the facilitation of trading. The main building is located at 18 Broad Street, between the corners of Wall Street, and Exchange Pl., in New York City.
Listing standards
U.S. standards:
Listing standards for domestic companies require a minimum distribution of a company's shares within the United States. This can be attained, for example, through domestic public offerings or acquisitions. Once listed, the New York Stock Exchange will charge the company initial and continuing fees.
Non-U.S. standards:
Non-U.S. companies may qualify for listing, either under global or domestic listing standards. Within that particular standard, a company must meet all the distribution and financial criteria.
Besides the standards required to become listed on the New York Stock Exchange, there are also qualitative and quantitative continued listing standards.