One of the biggest rivalries in the stock market exists between the two New York-based exchanges and two of the world's largest exchanges for that matter. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an Original Essay The New York Stock Exchange or NYSE is the oldest stock exchange in the world. Launched in 1792, the NYSE has more than 200 years of business and rightfully holds the title of the world's leading stock investment market. It is an auction-style market, where buyers and sellers physically trade by matching their “buy price” and “ask price” respectively. Each stock has a specialist, who is not an employee of the NYSE, and who acts as the market maker for that stock and an intermediary for the execution of its trades. The National Association of Securities Dealers (Automated Quotations NASDAQ), on the other hand, is a computerized broker-dealer marketplace. It began in 1971 as the world's first trading market without a physical trading floor. Its exclusively electronic transactions are carried out through a broker-dealer, a NASDAQ member company, which connects buyers and sellers in a fraction of a second and, as a result, attracts most technology companies around the world. So, even though NYSE is the leader in terms of market capitalization of the stock market, NASDAQ ranks first in terms of market share gained. Both of these markets require certain requirements from companies that wish to be listed on the stock exchange. exchanges. The NYSE has stricter conditions and therefore only a few types of companies can list their shares, while the NASDAQ allows more companies to be listed and at the same time has lower entry fees of around 70 to 80%, giving small companies or start-ups the opportunity to join their market. It is a fact that a company that can meet the criteria of the NYSE can generate more funds when it does its IPO there, but the NASDAQ has historically offered better returns. Therefore, the nature of the companies listed on each stock exchange is remarkably different. The NYSE is seen as an exchange for large, well-established and financially secure companies, such as Coca-Cola, Wal-Mart, Citigroup, IBM and General Electric, while the NASDAQ attracts more technology-based or fast-moving companies. growing companies, such as Apple, Facebook, Google, Microsoft, Intel and Kraft Foods. The former is a choice for lower volatility and higher market capitalization prospects and the latter is considered a high-tech, forward-looking and growth-oriented exchange. Keep in mind: this is just a sample. Get a custom paper now from our expert writers.Get a Custom EssayIt is a fact that neck-to-neck competition continually exists around the two New York-based exchanges. The NYSE is the largest exchange in terms of market capitalization and therefore requires strict qualifications, but the NASDAQ is ahead of other markets when the turnover aspect is discussed and helps reduce upfront costs. Ultimately, the question arises whether the company is looking for stable, well-established stocks or a fast-growing but risky stock market..