New York Stock Exchange
New York Stock Exchange (NYSE) brokers connect investors with the world’s largest stock exchange. In this tutorial, we explain how to choose brokers with access to the New York Stock Exchange, comparing trading fees, opening times, investing platforms, mobile apps, market information, and more. Find out how to trade on the NYSE.
Best NYSE Brokers
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Founded in 2002 in Poland, XTB now serves more than 1 million clients. The forex and CFD broker combines a heavily regulated trading environment with an extensive selection of 6400+ assets and a commitment to trader satisfaction, featuring an intuitive in-house platform with superb tools to support aspiring traders.
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FXCC is an established broker that’s been offering low-cost online trading since 2010. Registered in Nevis and regulated by the CySEC, it stands out for its ECN trading conditions, no minimum deposit and smooth account opening that takes less than 5 minutes.
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IC Markets is a globally recognized forex and CFD broker known for its excellent pricing, comprehensive range of trading instruments, and premium trading technology. Founded in 2007 and headquartered in Australia, the brokerage is regulated by the ASIC, CySEC and FSA, and has attracted more than 180,000 clients from over 200 countries.
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Established in Australia in 2010, Pepperstone is a top-rated forex and CFD broker with over 400,000 clients worldwide. It offers access to 1,300+ instruments on leading platforms MT4, MT5, cTrader and TradingView, maintaining low, transparent fees. Pepperstone is also regulated by trusted authorities like the FCA, ASIC, and CySEC, ensuring a secure environment for traders at all levels.
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Eightcap is an award-winning, FCA-regulated broker offering industry-low trading fees. They are also the highest-rated brand by TradingView’s 50 million-strong users, who can trade directly on the platform. UK traders can sign up for a live account with an accessible £100 minimum deposit.
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RoboForex is an online broker, established in 2009 and registered with the IFSC in Belize. Traders can choose from five accounts (Prime, ECN, R StocksTrader, ProCent, Pro) catering to different needs with trades from 0.01 lots and spreads from 0 pips. RoboForex has also enhanced its offering over the years, adding CFD instruments and launching its stock trading platform, plus the CopyFX system.
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eToro is a top-rated multi-asset platform which offers trading services in thousands of CFDs, stocks and cryptoassets. Launched in 2007, the brand has millions of active traders globally and is authorized by tier one regulators, including the FCA and CySEC. The brand is particularly popular for its comprehensive social trading platform. Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply. 51% of retail CFD accounts lose money.
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Trade Nation is a top FX and CFD broker regulated in multiple jurisdictions including the UK and Australia. The firm offers low-cost fixed and variable spreads on 1000+ assets with robust trading platforms and training materials. The Signal Centre can also be used for trade ideas.
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Founded in 2006, FxPro is an established forex, CFD and spread betting broker offering 2100+ assets to over 2 million clients worldwide. The broker is regulated in 4 jurisdictions and offers reliable 24/5 customer support, earning it a high trust and safety score. FxPro has also picked up more than 100 industry accolades for its competitive trading conditions, including fast execution and deep liquidity.
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Fusion Markets is an online broker established in 2017 and regulated by the ASIC, VFSC and FSA. It is best known for its low-cost forex and CFD trading, although its multiple account types and copy trading solutions cater to a range of traders. New clients can sign up and start trading in 3 easy steps.
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Established in 2017, Pocket Option is a binary options broker offering high/low contracts on forex, stocks, indices, commodities and cryptocurrencies. With over 100,000 active users and a global reach, the platform continues to prove popular with budding traders.
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GO Markets is an established forex and CFD broker with multiple industry awards and accolades. The ECN/STP broker is popular with budding traders, offering competitive accounts in multiple base currencies and a range of flexible payment methods. With top-tier regulation from CySEC and ASIC, GO Markets is a trusted broker.
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Founded in 2008, NordFX is an offshore CFD broker offering forex, stock, commodities, indices and crypto trading to over 1.7 million clients in 190 countries. Traders access markets through the MT4 and MT5 platforms and benefit from low commissions, spreads from zero and decent extra features. Minimum deposits start from just $10 and very high leverage is available up to 1:1000.
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Spreadex is an FCA-regulated broker that offers spread betting opportunities on an impressive 10,000+ CFD instruments including 60 forex pairs. Traders can also take short-term positions on sporting events. The brand has been around for over 20 years and has won multiple awards.
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NinjaTrader is a US-headquartered and regulated brokerage that specializes in futures trading. There are three pricing plans to suit different needs and budgets, as well as ultra-low margins on popular contracts. The brand's award-winning charting software and trading platform also offers a high-degree of customization and superb technical analysis features.
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Interactive Brokers (IBKR) is a premier brokerage, providing access to 150 markets in 33 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe.
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Webull is a multi-regulated trading app that offers stocks, options, forex, cryptos, ETFs, fractional shares and more. The firm is authorized by the SEC, FINRA and FCA and continues to uphold a strong trust rating. Low fees, no minimum investment and generous welcome bonuses have made the discount broker popular with online investors.
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Grand Capital is a MetaTrader broker with welcome bonuses, trading competitions and an intuitive copy trading service. Several account types and 400+ assets provide trading opportunities for various types of investors and strategies. New users can also open an account and start trading in a matter of minutes.
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AZAforex is a multi-asset broker founded in 2016. The brand offers a sophisticated proprietary platform, ECN trading and 40+ deposit methods. The brokerage has 120,000+ registered customers with copy trading and a VPS.
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RockGlobal is a New Zealand based and regulated CFD broker. They offer competitive spreads from 0.1 pips and a large range of trading assets, trading platforms and educational services, with up to 1:500 leverage. Operating in a Tier 1 regulated environment, RockGlobal offers peace of mind and excellent customer support.
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xChief is a foreign exchange and CFD broker, established in 2014. The company is based offshore and registered with the VFSC and FMA. Users can choose between a wide selection of accounts and base currencies, making ForexChief accessible to global traders. The brand also stands out for its no deposit bonus and fee rebates for high-volume traders.
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Kwakol Markets is a Nigerian headquartered broker with strong regulatory oversight in Australia and Canada. A great selection of trading assets are available, including synthetic products that simulate realistic market activity. Clients can trade on the MT4, MT5 and cTrader platforms, as well as a copy trading solution whereby a fee is only paid on profitable trades.
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Firstrade is a US-headquartered discount broker-dealer with authorization from the SEC. The company is also a member of FINRA/SIPC. With welcome bonuses, powerful tools and apps, plus commission-free trading, Firstrade Securities is a popular and top-tier online brokerage. It is also quick and easy to open a new account.
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Revolut has emerged as the most downloaded financial app in 11 countries with over 45 million users and more than $23 billion held in customer balances. It facilitates commission-free trading on over 2000 stocks and commodities, alongside 185 cryptos with a minimum investment of just $1. The mobile trading experience remains market-leading for casual investors seeking low, transparent fees.
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TMGM is an ASIC-regulated forex and CFD broker with a vast range of tradeable assets covering forex, stock, index, crypto and commodity markets. The account types on offer provide a flexible choice between no commission or zero spreads, with competitive pricing all-round.
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Anzo Capital is an offshore broker that offers leveraged CFDs on 100+ instruments including forex, stocks, indices and metals. The MetaTrader 4 and MetaTrader 5 platforms are supported, and traders can choose between an STP account with spreads starting from 1.4 pips and zero commission, or an ECN account with a $4 round-turn commission and spreads from zero. A decent range of payment methods are accepted, including crypto deposits.
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Pacific Union Prime is an FSCA and offshore-regulated multi-asset broker offering competitive fees and direct market access on forex, commodities, stocks, bonds and indices. The broker supports the popular MetaTrader 4 and MetaTrader 5 platforms and a proprietary mobile app. Fees vary by account type with no commission and spreads from 1.9 pips on the Standard account and $7 commission per lot and spreads from 0.4 pips on the Prime account.
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RoboMarkets is a Cyprus-based forex, CFD and stock broker aimed at traders from Europe. The broker offers thousands of instruments across six asset classes and provides access to four leading platforms, including MetaTrader 4. With ECN pricing, Cent accounts and algorithmic trading tools, RoboMarkets caters to a range of trading strategies and investing styles.
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ActivTrades is a UK-headquartered CFD and forex broker established in 2001. The award-winning brokerage has secured licenses from trusted bodies, notably the UK’s FCA, and facilitates trading on over 1000 instruments spanning 7 asset classes, with over 93.60% of orders are executed at the requested price.
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SimpleFX is an online broker specializing in CFD and cryptocurrency trading, with multi-currency accounts, STP execution, low pricing and no minimum deposit. Bringing innovation and gaining recognition at numerous industry events since 2014, SimpleFX now caters to retail traders from over 190 countries, boasting a client base exceeding 200,000 active users.
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Established in 2005 in Australia, FP Markets is an ASIC- and CySEC-regulated broker boasting an extensive suite of tradable assets. Its Standard and Raw accounts cater to traders at every level, while it packs a punch in the tooling department, from the MetaTrader suite and intuitive TradingView to actionable trading ideas from Trading Central and AutoChartist.
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FXOpen is a multi-asset broker with regulation from several trustworthy bodies including the UK's FCA. The broker offers CFD trading on forex, stocks, commodities, indices, cryptocurrencies and ETFs via the MetaTrader 4 & 5 and TradingView platforms.
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Infinox is a UK-based and FCA-regulated broker that offers diverse trading products thanks to its STP and ECN account types and support for MetaTrader 4, MetaTrader 5 and a proprietary platform. Clients can also benefit from a free VPS that can support automated strategies and a social trading platform, catering to both beginner and seasoned traders.
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Saxo Markets is a multi-award-winning trading brokerage, investment firm and regulated bank. With a huge 72,000+ trading instruments, plus investment products and managed portfolios, clients have no shortage of opportunities. The trusted brand also offers transparent pricing and top-tier regulatory protection from 10+ agencies including FINMA, FCA & ASIC.
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Zacks Trade is a FINRA-regulated US broker offering trading on stocks, ETFs, cryptocurrencies, bonds and more through a proprietary terminal. The broker is geared toward active traders and offers very affordable fees on most assets as well as an app and a vast amount of market data.
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Established in 2013, SuperForex is an offshore CFD and forex broker offering highly leveraged trades on 400+ instruments via the popular MetaTrader 4 platform. The broker has gained clients in over 150 countries and is regulated by the Belize IFSC. With a range of STP/ECN account types, including swap-free, micro and zero spread, this broker continues to suit traders with different styles and setups. SuperForex also offers a range of welcome bonuses and trading contests.
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Just2Trade is a reliable multi-regulated broker registered with FINRA, NFA and CySEC. The company has 155,000 clients from 130 countries and stands out for its huge suite of instruments and additional features, including a social network, robo advisors and a funded trader programme.
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Exinity provides flexible low-cost trading in FX, commodities, indices and equities alongside unique education and support provided by teams located across the world. Now operating in the Middle East, through regulation from the Financial Services Regulatory Authority in Abu Dhabi and the Financial Services Commission of Mauritius, Exinity provides a range of services to traders and investors looking for new opportunities in the financial markets.
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Capital.com offer CFDs on a range of markets with competitive spreads and zero commissions. The broker also offers the Investmate app, negative balance protection and leveraged trading.
Choosing NYSE Brokers
When it comes to choosing an online broker to trade on the New York Stock Exchange, there are several key factors that investors should consider:
- Instruments – The top New York Stock Exchange brokers offer online trading through multiple products. This includes the direct purchase and sale of stocks, plus CFDs, spread betting and options. CFDs are popular with retail investors adopting short-term strategies owing to their leverage element, which allows traders to increase their purchasing power and potential returns. XTB, for instance, offers equity CFDs on the NYSE with 1:10 leverage for UK traders. Spread betting is also popular with UK traders as profits are tax-free.
- Fees & Charges – The top-rated New York Stock Exchange brokers offer low to zero commissions and tight spreads. Pepperstone, for example, offers a $0.02 commission per share for US stocks. Also check for any deposit and withdrawal charges, inactivity penalties, and overnight fees.
- Platforms – A stable electronic trading platform is the foundation for profitable speculation on NYSE products. Support for level 2 data is important for advanced equities and options traders, while basic stock and bond investing may be better suited to simple, browser-based platforms. The best NYSE brokers also offer user-friendly mobile apps so you can open positions and monitor trades on the go. The most popular stock platform among retail traders is MetaTrader 4 (MT4).
- Security & Regulation – Investors should only sign up with NYSE trading brokers that have top-tier regulation from reputable bodies such as the UK’s FCA. Regulatory oversight and associated requirements help protect investors from scams and offer fund protection schemes to protect traders in case of broker insolvency. Additional security measures to look out for include the provision of negative balance protection and NYSE brokers that use segregated accounts for client funds.
- Payment Methods – Leading brokers with access to the New York Stock Exchange offer commission-free payment methods with near-instant deposits. Popular payment solutions include wire transfer, debit card and PayPal. Also check the minimum deposit requirement. The top NYSE brokers allow new traders to get started with less than £100. FXCC even has zero minimum deposit, making it popular with beginners.
- Account Types – UK investors may benefit from country-specific investing accounts such as an ISA. In addition, the best NYSE brokers for UK traders will deal in British Pounds rather than US Dollars to avoid forex fees. Also check for perks and fee rebates if you sign up for premium profiles, though these often require a larger deposit and account balance.
- Tools – Leading New York Stock Exchange brokers offer additional tools to enhance the user experience. These can come in the form of advanced charts and graphs, live volume data, and copy trading.
How To Trade With NYSE Brokers
Choose Your Product
The vehicle that best suits your trading style will depend on the purpose of your investment. Those looking for a stable, fixed income will favour NYSE bonds, while those looking for leveraged products with high profit potential may favour CFDs or spread bets.
Importantly, equities are versatile assets that allow investors to meet a wide range of trading needs. There are thousands of NYSE-listed companies that investors can purchase shares of, including JP Morgan Chase and Visa.
Pick The Best NYSE Brokers
Using the criteria outlined above, investors can select secure, low-cost NYSE brokers. Importantly, traders should prioritise New York Stock Exchange brokers with solid regulation when investing, as safety is paramount in the online trading space.
Sign up with your chosen brokerage and deposit funds. Many brokers with access to the New York Stock Exchange may require verification documents such as copies of your ID or passport, so ensure the firm is trusted before sending over sensitive information.
Develop A Strategy
A solid and repeatable strategy is the secret to making a profit in the long term.
Many approaches are available to investors with NYSE products, including dividend investing, hedging and scalping. New York Stock Exchange products are also highly exposed to news, such as US economic announcements and dividend changes.
Make Your Trade
Open your broker’s platform and navigate to your chosen asset. Now, open your position, either long or short.
When investing in equities, traders can often open a position using advanced tools such as limit orders and trailing buy orders to maximise profit potential. However, these options are only normally available during standard market hours (more on these later).
Close Your Position
With many NYSE products, choosing when to close out a trade is key. This is less important when trading bonds, where investors purchase bonds for the cash returns offered by a product rather than their face value.
To close out a position, investors can set NYSE alerts to notify them when an asset reaches a price or movement threshold and cash out manually. Alternatively, tools such as trailing stops or sell orders can help investors automate this process through a platform’s API.
Live Price Chart
How Does The NYSE Work?
The New York Stock Exchange (NYSE) is one of the world’s leading stock exchanges. It is a physical marketplace where buyers and sellers come together to exchange shares of US companies.
This NYSE trading mechanism is in contrast to the NASDAQ, which operates as a purely electronic platform, with traders conducting transactions entirely online.
The exchange operates using a centralised mechanism connecting buyers and sellers, with the NYSE trading value averaging over $150 billion (£125 billion) daily. The exchange has also implemented various NYSE rules, such as circuit breakers, which automatically pause trades in case of significant market declines.
Additionally, the NYSE options and bonds markets are essential components of the exchange, allowing investors to trade a broad range of products in addition to US equities.
History
The NYSE is housed in an iconic building in the heart of New York’s financial district, and its trading floor has become synonymous with the world of finance.
The history of the NYSE can be traced back to 1792 when twenty-four brokers agreed upon a set of rules called the Buttonwood Agreement. The first traded securities included war bonds and banking stocks.
The system was updated in 1817 to ensure fairness in trading practices. The first use of the now iconic trading floor came in 1865.
Despite dozens of regional competitors vying for its business in addition to panics and crashes in the stock market itself, the NYSE came into the 20th century as the highest volume exchange in the US. A 2006 merger with rival Archipelago and a 2007 merger with the European stock market Euronext cemented the NYSE as the top dog of the financial world.
In 2007, the NYSE established an electronic platform to create a hybrid market, with almost all listed equities, options and bonds available to trade online as well as on the physical trading floor.
Key Figures
NYSE market data can be tracked back to the early 20th century. Investors can view daily volume charts and other data on platforms such as TradingView.
The NYSE’s average daily total trading volume reached $169 billion in 2013 (£140 billion) but has regressed slightly since to around the $150 billion (£125) mark.
The largest single-day crash occurred in 1987 when a black Monday event saw the Dow Jones Index plunge 22.6%. This led to the NYSE instituting a rule regarding trading curbs in 1988.
The New York Stock Exchange market cap reached over $30.1 trillion in February 2018, though it fell to around $23 trillion in December 2022.
Markets
The NYSE offers investors three key markets: stocks, options and bonds.
The NYSE equities market includes thousands of ETFs and publicly listed US trading companies and has over 8,000 total symbols on offer. Access to these shares and ETFs are offered by NYSE brokers, who act as intermediaries between the New York Stock Exchange and retail traders.
The number of bonds on the NYSE is smaller, as most bonds are traded over-the-counter by secondary broker-dealers.
Two options markets are available on the NYSE– NYSE American options and NYSE Arca options. The trading economics of these NYSE markets are very different.
The NYSE American market is focused on providing investors with deep liquidity and low fees, while Arca aims to offer tight markets with two-way fees encouraging competitive investing.
Fees
Due to the high liquidity of NYSE-listed equities, it is possible to trade stocks with very low or even zero commissions. Finding NYSE brokers that support low fees is key to protecting your profit margin.
Options can also have highly competitive fees, especially when trading on the NYSE American market. Bonds are also low-cost instruments, so investors do not have to worry about excessive fees.
One area where NYSE costs can add up is through data fees. To receive real-time level 2 data or other market depth information, investors will often have to pay a monthly fee to their brokerage, who will purchase this data directly from the New York Stock Exchange.
Shop around to see which New York Stock Exchange brokers offer competitive rates on data fees. Keep an eye out for NYSE brokers that bundle together data packages to help investors receive cost-efficient deals.
Additional Information
When speculating on NYSE equities from the UK, investors can access preferential tax rates by signing a W-8BEN form. Most NYSE brokers offer this form to traders free of cost and will process the form quickly to ensure investors receive their tax advantages as soon as possible.
The W8-BEN lowers the withholding tax for qualifying dividends and interest from US shares from 30% to 15%.
Opening Hours
The New York Stock Exchange opening times run from Monday to Friday 9:30 am to 4:00 pm Eastern Time. For UK investors, the NYSE hours correspond to 2:30 pm to 9:00 pm GMT.
Premarket and after-hours trading are also possible on the NYSE. Premarket runs between 1:00 pm GMT and the 2:30 pm GMT trading start time open, while after-hours typically run from 9:00 pm GMT until as late as 1:00 am GMT the next day.
Bottom Line On NYSE Brokers
As the largest exchange in the US, the New York Stock Exchange has thousands of symbols available for investors to trade. With accessible trading hours for UK investors and a variety of markets including options and bonds, the NYSE is a great choice for online traders. There are multiple brokers that support NYSE investment products, and with this tutorial, traders can find a reputable and low-cost brokerage to fulfil their needs.
Register with one of our top NYSE brokers to start investing online.
FAQ
What Are The Best Brokers With Trading On The NYSE?
The best NYSE brokerage will depend on your financial goals and investment style. With that said, key elements to consider are the investing vehicles available, such as stocks and CFDs, spreads and commissions, platforms and apps, minimum deposit requirements, oversight from a regulator like the FCA, plus useful tools like copy trading.
Do UK Brokers Offer Trading On The New York Stock Exchange?
Yes – several leading UK brokers offer online investing on the NYSE. Among the best brokers are Pepperstone, FXCC and XTB. These brokers all offer competitive conditions and fees while holding licenses with trusted regulators, such as the Financial Conduct Authority.
What Are The NYSE Trading Rules For UK Investors?
In order to trade US equities, options and bonds, UK traders can complete a W8-BEN form that reduces trading taxes from 30% to 15%.
Does The NYSE Trading Hours Include A Lunch Break?
Many global stock exchanges have a suspension for a lunch break. However, the NYSE has regular operating hours that do not include a lunch break.
Are There Any NYSE Assets With No Online Trading Support?
Since the NYSE adopted a hybrid electronic platform in 2007, most of its assets can be traded online. However, some high-value stocks such as Berkshire Hathaway Class A (BRK-A) can only be purchased via the NYSE trading floor.
What Is The NYSE Market Cap?
In February 2018, the New York Stock Exchange market cap broke the $30 trillion (£24.92 trillion) barrier for the first time. Since this date, the market cap has fluctuated somewhat, coming in at around $23 trillion (£19.02 trillion) in December of 2022.