National Stock Exchange, Chicago
The National Stock Exchange (NSX) is an electronic stock exchange located in Chicago, Illinois. It was founded March 1885 in Cincinnati, Ohio, as the Cincinnati Stock Exchange.[1] In 1976, it closed its physical trading floor and became an all-electronic stock market.[2] The Cincinnati Stock Exchange moved its headquarters to Chicago in 1995, and changed its name to the National Stock Exchange - NSX - on November 7, 2003. Owned by its members since inception, it demutualized in 2006. Prior to demutualization it was associated with the Chicago Board Options Exchange. It later moved its headquarters to Jersey City, New Jersey.[3]
Two previous exchanges, both located in New York City, operated as the National Stock Exchange. The first exchange operated for seven months to September 1869.[4] The other, owned by the New York Mercantile Exchange, traded from about 1962 to 1974.
[edit] References
- ^ "Cincinnati's Stock Exchange". The New York Times (The New York Times Company). 1885-03-10. http://query.nytimes.com/gst/abstract.html?res=9A02EFD61330E433A25753C1A9659C94649FD7CF. Retrieved 2007-11-07.
- ^ Frank Fabozzi, ed. (2008). Handbook of Finance, Financial Markets and Instruments, Volume 1. John Wiley: New York. ISBN 0-4700781-4-6.
- ^ National Stock Exchange. "Going "National"". Archived from the original on 2007-06-26. http://web.archive.org/web/20070626020014/http://www.nsx.com/GoingNational.asp. Retrieved 2007-11-07.
- ^ Kirby Faciane (2008). Stock Exchange Organization. H.C. Baird: Philadelphia. ISBN 0-9788208-6-X.
[edit] External links
- Official website
- Antilla, Susan (1995-05-16). "Market Place; Why more stock exchanges? Brokers see a way to profit". The New York Times (The New York Times Company). http://query.nytimes.com/gst/fullpage.html?res=990CEFD71730F935A25756C0A963958260&sec=&spon=&partner=permalink&exprod=permalink. Retrieved 2007-11-07.
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