The New York stock exchange was originated in the year 1792. Because of its tremendous working history NYSE is regarded as one of the most competitive stock exchange in the world. Foreign companies can enlist their shares in NYSE after their compliance with the rules and laws of Securities and Exchange Commission (SEC). Formerly, NYSE had been operating as a privatized organization but in 2005 it was turned into a public body. It also had a merger with European Exchange in the year 2007. In order to cope up with this era of efficient and advanced technology NYSE has an advanced computerized system and more than 50% of its trading takes place electronically. (Stock Market Investing Guide)National Association of Securities Dealers Automated Quotations (NASDAQ) dates back its origin to 1790.