Share
Explore BrainMass

World of Finance

1. How are NYSE and NASDAQ similar, if at all?
2. How are the two exchanges different from one another, if at all?
3. What is The Public Company Accounting and Investor Protection Act of 2002? Describe the law in your own words.
4. What other information can you provide these students that will one day help them in the business world?

727 words, four references

Solution Preview

1. How are NYSE and NASDAQ similar, if at all?
The NYSE and NASDAQ are similar since both are top exchange centers of stock market and they are responsible for the most of the trading related to equities in the North America. As far as the stock markets are concerned they are at the same level. Both NYSE and NASDAQ have traffic controller to keep the flow of the market going on. Both the NYSE and NASDAQ can be viewed as trading exchange centers. Essentially the point is that both the NYSE and NASDAQ are involved in equity trading and attempt to match buyers with sellers(Kothare, Meeta and Paul Laux, 1995). Further, most of the equity trading in North America occurs on NYSE and NASDAQ. Both the exchanges have listing requirements that companies have to comply with. The other similarities are that both NYSE and NASDAQ provide facilities for the issue and redemption of securities and other financial instruments. Both the NYSE and NASDAQ are electronic networks which give them the advantage of speed and reduced cost of transaction. Both NYSE and NASDAQ only allow their members to carry out transactions. Both the NYSE and NASDAQ enable companies to raise capital for expansion through selling of shares to investors.
2. How are the two exchanges different from one another, if at all?
NYSE and NASDAQ are different from each other in several ways. ...

Solution Summary

This answer provides you an excellent discussion on World of Finance

$2.19