Visit both the New Your Stock Exchange (NYSE: http://www.nyse.com/home.html) and the NASDAQ: http://www.nasdaq.com/, and write on how the two exchanges operate., make sure to address the following three questions:
1. How are NYSE and NASDAQ similar, if at all?
2. How are the two exchanges different from one another, if at all?
3. In light of the recent corporate scandals like Enron, WorldCom, etc, have any of the exchanges taken some meaningful measures to help allay the concerns of investors? Explain. (Hint: You may visit each site's Press Room/Release for possible leads).
In a 344-word solution, the response clearly explains the difference in the two markets including history, typical industry shares traded, the mechanics of trading and the volume. Tighter corporate governance standards have been applied to the exchanges too.