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Topic: Business
Number of pages / Number of words: 3 / 688
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Their fee, paid by commissioned brokers, is called a "floor brokerage." This fee is fully negotiable depending on the size and difficulty of the order they are trading. As a result, the flows of buy and sell orders for each stock is funneled to a single location.

This heavy stream of diverse orders is one of the great strengths of the Exchange...


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It provides liquidity - the ease with which securities can be bought and sold without wide price fluctuations. When an investor's transaction is completed, the best price will have been exposed to a wide range of would-be buyers and sellers.

Each day on the NYSE, an average of over 1 billion shares of stock, worth more than $44 billion, changes hands without a glitch...


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