The American Stock Exchange is the fourth largest stock market in the world. It offers three types of stock.A Guide to Popular Exchanges and What They Trade
The New York Stock Exchange (NYSE) is the second largest financial market in the world. Over 80 companies are listed in the NYSE, most of which are American corporations, not foreign. Here’s some information about the companies that are traded on the NYSE:
Wells Fargo was the first of the bank stocks traded on the NYSE. Since its inception, several major corporations and institutions have taken up its offer to trade in stocks.
Wells Fargo is the third largest bank in the United States. Most of the products offered on the NYSE are interest bearing accounts.
Fidelity Investments is a major fund that is focused on small cap. It is also known as an Individual Retirement Account (IRA). Its largest fund is Fidelity Select.
Schwab is an investment bank that specializes in large cap and value stocks. It is owned by the giant private equity company of the same name.
Charles Schwab Financial was the first bank to allow traders to trade their cash accounts online. The company has expanded to offer such services as investment advice, wealth management, and brokerage services.
American Express is the largest credit card issuer in the United States. The company was the first to use trading cards for a real-time market in its loyalty points.
Citibank is the largest credit card issuer in the United States. It specializes in credit cards for young families.
Citigroup, also owned by Citigroup, is another major bank that trades in its own right and in shares of other companies. It is also an institution that deals with credit cards.
Sterling is a British currency that was once the British pound. It is currently the second largest currency in the world.
The OTCBB is an organization that oversees the trading of commodities and the stock market. It is the sixth largest market in the world.