National Stock Exchange

National Stock Exchange definition - business

National Stock Exchange

A regional securities exchange dating to 1885, when a group of businessmen met in Cincinnati, Ohio, to auction the shares of several local companies. Operating as the Cincinnati Stock Exchange, it replaced its trading floor with a geographically dispersed electronic trading system in 1976. The exchange moved its headquarters to Chicago in 1995 and assumed its new name in 2003.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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