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The New York Stock Exchange traces its origins to a founding agreement in 1792. The NYSE registered as a national securities exchange with the U.S. Securities and Exchange Commission on October 1, 1934. The Governing Committee was the primary governing body until 1938, at which time The Exchange hired its first paid president and created a thirty-three member On December 17, 2003, the Securities and Exchange Commission approved the amended and restated NYSE Constitution The amendments had also been approved by the NYSE members on November 18, 2003. The changes to the Constitution created a new governance architecture, increasing transparency, the independence of its Board and strengthening the integrity of the NYSE self-regulatory function.
What does NASDAQ stand for?
If this question was asked in 1971, the answer would be that NASDAQ—then spelled with all capital letters—is an acronym standing for National Association of Securities Dealers Automated Quotations. But this automated quotation system quickly matured far beyond its original quote-service roots, evolving into what it is today—a major world stock market. Indeed, what NASDAQ "stands for" is not nearly as relevant as what The NASDAQ Stock Market has become known for, namely pioneering screen-based technology and an abundance of growth companies.