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NYSE Group is a leading provider of securities listing, trading and market data products and services.
The death of the Big Board has, admittedly, often been predicted, by The Economist among others. Doomsters always point to its traditional trading floor, crowded with noisily jostling people, and say that electronic exchanges must offer lower-cost trading. Many of America's most glamorous "new-economy" companies, from Amazon and Oracle to Intel and Microsoft, have chosen not to be part of the NYSE's blue-chip roster, listing on Nasdaq instead. The NYSE has, until recently, retained many restrictive rules and practices that have protected it from competition; as they are scrapped, it will become more vulnerable...
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