Introduction to New York Stock Exchange or NYSE for Kids and Beginners
This video explains what’s NYSE in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about the New York Stock Exchange, or used as a money & personal finance resource by parents and teachers as part of a Financial Literacy course or K-12 curriculum.
Suitable for students from grade levels:
- Kindergarten
- Elementary School
- Middle School
- High School
The topics covered are:
- What is the New York Stock Exchange
- What are the major companies listed on NYSE
- How does trading happen on NYSE
- What is special about the New York Stock Exchange
What is the New York Stock Exchange?
The New York Stock Exchange, or NYSE, is the largest stock exchange in the world, and was created in 1792.
It is an iconic building located on Wall Street in the financial district of New York City, and is owned and operated by the Intercontinental Exchange.
What are some popular companies listed on the NYSE?
The total market value of all the companies listed on the NYSE is in the tens of trillions of dollars, making the New York Stock Exchange the largest stock exchange in the world.
Also, some of the oldest publicly traded U.S. companies like IBM, Coca-Cola, Procter & Gamble, and Pfizer are listed on the NYSE. Some other popular stocks include Apple, Amazon, FedEx, Netflix, Citigroup, and Walmart.
How does trading happen on the New York Stock Exchange?
The New York Stock Exchange, also referred to as ‘The Big Board’, was famous for using the open outcry system on its trading floor, which is composed of 21 trading rooms. The open outcry system is where traders, who represent the buyers and sellers, shout stock prices at each other and make hand signals in order to complete the trades.
The NYSE processes billions of shares every single day, and although most of the trading nowadays happens electronically, the open outcry system is still used for a few extremely high priced stocks and high-volume institutional trades.
What else is special about the NYSE?
The NYSE’s opening bell at 9:30 a.m and closing bell at 4 p.m. mark the start and end of a trading day.
What started as a tradition has now become a very prestigious event and important people, like CEOs of businesses, and celebrities are invited to ring this bell.
What are some other popular stock exchanges?
Some other stock exchanges include the NASDAQ, London Stock Exchange, and Shanghai Stock Exchange. We’ll cover them in other videos.
Download Transcript: Ideal for Use by Teachers in their Lesson Plan to Teach Kids & Teens
Podcast: What is NYSE
Fun, informative and concise episodes by a 10-year old, breaking down complex financial concepts in a way that kids and beginners can understand. Episodes cover personal finance topics like saving, investing, banking, credit cards, insurance, real estate, mortgage, retirement planning, 401k, stocks, bonds, income tax, and more, and are in the form of a conversation between a cowboy (a finance novice) and his friend, a stock broker. Making finance your friend, only at Easy Peasy Finance.
A little bit about me: I have been fascinated with the world of personal finance since I was 6! I love to read personal finance books, and keep myself updated on the latest by reading various personal finance magazines. My friends often ask me questions about finance because they find it complex and intimidating. That’s what inspired me to start my YouTube channel called Easy Peasy Finance when I was 8, and this podcast 2 years later.
Everything you need to know about NYSE: What is the New York Stock Exchange, What are some popular companies listed on the NYSE, How does trading happen on the New York Stock Exchange, What else is special about the NYSE, What are some other popular stock exchanges, and more.
Show notes and transcript at: https://www.easypeasyfinance.com/nyse-new-york-stock-exchange-for-kids/
