The New York Stock Exchange (NYSE) is located on Wall Street in New York City, USA. This market is one of the financial places where the world's largest stock exchange has existed and currently operates as the world's largest stock market.

The New York Stock Exchange, which was previously operated as a private organization, became an intercontinental public institution on March 8, 2006, due to the purchase of Archipelagic. In 2007, this market became the largest stock market in the world with the merger of the largest European stock exchange (EURONEXT), which was later purchased by the Intercontinental Exchange (ICE) as the "current mother of the New York Stock Exchange", which is called "Big Board" (a colloquial term is for the New York Stock Exchange) is also said.

The New York Stock Exchange was bought by Intercontinental Exchange (ICE) in 2013 and is still its owner.

The official trading hours and alarm of the New York Stock Exchange

The New York stock market is open for work and trading starting on Monday at 9:00 AM and ending at 4:00 PM on Friday. Also, this market is closed on holidays.

A bell rings at the beginning and end of this market, indicating the beginning and end of transactions. But its beginning and end are not always dependent on the sound of this bell because, in this market, the sound of the bell is also used for stock auctions and other transactions; that is, all department managers of the New York Stock Exchange regularly run this bell.

Sometimes other famous figures such as athletes, influencers, singers, actors and other famous people ring the bell of this market. In June 2013, Ban Ki-moon, the Secretary General of the United Nations, rang the bell for the end of this market as a sign of joining the United Nations stock market initiative.

History of the New York Stock Exchange

The date of establishment of the New York Stock Exchange goes back to May 17, 1792. On that day, 24 shareholders signed their bank shares under a written agreement called the Buttonwood Agreement (a type of tree) at 68 Wall Street.

The comprehensive and global presence of the New York stock market in the buying and selling foreign stocks, such as the European stock market, has turned this market into a global stock market. The New York stock market, which started working before the European stock market, has had remarkable successes in this field. New York Euronext was bought by Intercontinental Exchange (ICE) in 2013 for $11 billion. The following year, the European stock market exited this market through an initial public offering (IPO), but the Intercontinental Exchange retained ownership of the New York Stock Exchange.

Some important events in the New York stock market

·         "Black Thursday" occurred on October 24, 1929, the most dangerous fall of the New York stock market until Tuesday, October 29, 1929. This market fell after the fall of the London stock market in September, which was a sign of the fall of the entire financial markets of the western industrialized countries.

·         On September 11, 2001, trading in this market was closed for 4 days due to the September 11 attacks and resumed on September 17, after which the market lost about 1.4 trillion dollars in five days. Receipt.

·         In October 2008, the New York stock market and the European stock market, with the help of each other, were able to buy the US stock market for 260 million dollars.

·         On May 6, 2010, the Dow Jones Industrial Average (DJIA) recorded its most significant daily decline since the fall on October 19, 1987, causing a 988-point drop in the series, known as the 2010 crash.