Difference between london stock exchange and new york stock exchange
Answers
The London Stock Exchange is situated in the city of London at Paternoster Square close to Saint Paul’s Cathedral and is one of the world’s oldest stock exchanges. Its history dates back more than 300 years, when trading began in the coffee houses of 17th century London. Since its founding in 1801, the London Stock Exchange has grown into the city’s most important financial institution. During this time, the market capital of the London Stock Exchange has expanded to over US$ 3.5 trillion with volumes close to US$ 2 trillion.
Despite its prominence, the LSE will always be foreshadowed by the New York Stock Exchange which, with close to $50 trillion in dollar volume, remains the largest stock exchange in the world by both market capitalization and trade value. NYSE is the premier listing venue for the world’s leading large- and medium-sized companies.