ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -The NYSE trading floor is at the New York Stock Exchange Building on 11 Wall Street and 18 Broad Street and is a National Historic Landmark.

Detailed explanation-2: -New York Stock Exchange (NYSE), one of the world’s largest marketplaces for securities and other exchange-traded investments. The exchange evolved from a meeting of 24 stockbrokers under a buttonwood tree in 1792 on what is now Wall Street in New York City.

Detailed explanation-3: -National Stock Exchange of India Limited (NSE) is one of the leading stock exchanges in India, based in Mumbai. It is the world’s largest derivatives exchange by number of contracts traded and the fourth largest in cash equities by number of trades for the calendar year 2021.

Detailed explanation-4: -Wall Street is used as an umbrella term to describe the financial markets and the companies that trade publicly on exchanges throughout the U.S. Historically, Wall Street has been the location of some of the largest U.S. brokerages and investment banking firms, and is also the home of the NYSE.

Detailed explanation-5: -Wall Street got its name from a literal, physical wall built in New York when the town was still a Dutch colony. Governor Peter Stuyvesant called for a 10-foot wall to be built, protecting the lower part of the peninsula from Native Americans.