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Financial Management Ip 1

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The World of Finance FINA310 - 1302B – 05
Financial Management
Ashley Chambers
June 16, 2013
Jeffrey Hardin

After conducting quite a bit of research on the NYSE Euronext and NASDAQ OMX exchange markets there are three important factors that will compare and contrast these two markets rather well. These factors are similarities, differences, and The Public Company Accounting and Investor Protection Act of 2002. Although operating off of the same concept, there are numerous differences that set these two exchanges completely apart from one another. When comparing the similarities of these two exchanges only two were made apparent. The two main similarities between NYSE Euronext and NASDAQ OMX is that they are both exchange companies and they operate off the same concept. That concept being they both sell stocks and bonds and create capital off of the assets already obtained. These are the two most relevant similarities shown for both exchange markets. However, there are far more differences which set these two exchanges apart from one another (What Is NASDAQ?, 2013); (Who Are We, 2013). What is different in the NYSE Euronext than in NASDAQ OMX are; in person stock trading, only exchange in the fortune 500, world’s largest exchange company, and represents a third of equities trading worldwide. Other differences for NYSE include; four markets based in the U.S. and Europe, NYSE Euronext is one of the world’s leading futures and options trading venues. They offer derivatives on commodities, FX, equities, bonds, interest rates, indices, and swaps. NYSE Euronext technologies provide the best in class transaction, data, and infrastructure management services and solutions (Who Are We, 2013). Now let’s turn our attention to NASDAQ OMX. The differences in NASDAQ OMX than in NYSE Euronext are; electronic stock exchange, largest single liquidity pool for U.S.…...

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