How to trade in nyse?

28th Nov 2009 by Tobias John Sterling

How to trade 'in' the New York Stock Exchange (NYSE) is not really a meaningful question. If the question is better phrased as "how does one trade in shares in the company that owns the NYSE," then the answer is to buy or sell shares in the ordinary way (that is, through a stock broker or online trading facility) in the company NYSE Euronext (NYSE: NYX). This is the company which owns and operates the NYSE. If the question is better phrased as "how does one trade ON the NYSE," then the answer is to simply buy or sell shares in any company that has its stock listed on that exchange. If the question is better phrased as "how does one trade on what direction the NYSE as a whole is going to go," then one answer is to buy or sell shares in an index fund that seeks to track the NYSE as a whole. One such fund is the iShares NYSE Composite Index Fund. This is an exchange-traded fund (ETF), so it can be bought, sold, and sold short just like a normal stock.

This answer is the subjective opinion of the writer and not of FinancialAdvisory.com