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Wall Street
Wall Street is a street in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It runs eight city blocks between Broadway (Manhattan), Broadway in the west and South Street (Manhattan), South Street and the East River in the east with a length of just under 2,000 feet. The term "Wall Street" has become a Metonymy, metonym for the financial markets of the United States as a whole, the Financial services in the United States, American financial services industry, New York–based financial interests, or the Financial District. Anchored by Wall Street, New York has been described as the world's principal fintech and financial center. The street was originally known in Dutch language, Dutch as ''Het Cingel'' ("the Belt") when it was part of New Amsterdam during the 17th century. An actual city wall existed on the street from 1653 to 1699. During the 18th century, the location served as a slave market and Security (finance), securities ...
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23 Wall Street
23 Wall Street (also known as the J.P. Morgan Building) is a four-story office building in the Financial District of Manhattan in New York City, at the southeast corner of Wall Street and Broad Street. Designed by Trowbridge & Livingston in the neoclassical style and constructed from 1913 to 1914, it was originally the headquarters of J.P. Morgan & Co. Since the late 2000s, the building has remained unoccupied for long periods, although it has occasionally been used for events. The building has a facade of ashlar masonry and pink Tennessee marble. The first floor consists of a ''piano nobile'' over a low basement; above are the second story, the main cornice, and two more stories. After its completion, the building became known as the headquarters of J.P. Morgan & Co.—the "House of Morgan"—although its exterior was never signed with the Morgan name. The banking room, which took up nearly the entire ground floor, included offices and was used for banking transacti ...
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New York Stock Exchange Building
The New York Stock Exchange Building (also NYSE Building) is the headquarters of the New York Stock Exchange (NYSE), located in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is composed of two connected structures occupying much of the city block bounded by Wall Street, Broad Street (Manhattan), Broad Street, New Street, and Exchange Place (Manhattan), Exchange Place. The central section of the block contains the original structure at 18 Broad Street, designed in the Classical Revival architecture, Classical Revival style by George B. Post. The northern section contains a 23-story office annex at 11 Wall Street, designed by Trowbridge & Livingston in a similar style. The marble facade of 18 Broad Street contains colonnades facing east toward Broad Street and west toward New Street, both atop two-story podiums. The Broad Street colonnade, an icon of the NYSE, contains a pediment designed by John Quincy Adams Ward and ...
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New Amsterdam
New Amsterdam (, ) was a 17th-century Dutch Empire, Dutch settlement established at the southern tip of Manhattan Island that served as the seat of the colonial government in New Netherland. The initial trading ''Factory (trading post), factory'' gave rise to the settlement around Fort Amsterdam. The fort was situated on the strategic southern tip of the island of Manhattan and was meant to defend the fur trade operations of the Dutch West India Company in the North River (Hudson River). In 1624, it became a provincial extension of the Dutch Republic and was designated as the capital of the province in 1625. New Amsterdam became a city when it received Town privileges, municipal rights on February 2, 1653. By 1655, the population of New Netherland had grown to 9000 Dutch people, with 1,500 living in New Amsterdam. By 1664, the population of New Netherland had risen to almost 9,000 people, 2,500 of whom lived in New Amsterdam, 1,000 lived near Fort Orange (New Netherland), F ...
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New York Mercantile Exchange
The New York Mercantile Exchange (NYMEX) is a commodity futures exchange owned and operated by CME Group of Chicago. NYMEX is located at One North End Avenue in Brookfield Place in the Battery Park City section of Manhattan, New York City. The company's two principal divisions are the New York Mercantile Exchange and Commodity Exchange, Inc (COMEX), once separately owned exchanges. NYMEX traces its history to 1882 and for most of its history, as was common of exchanges, it was owned by the members who traded there. Later, NYMEX Holdings, Inc., the former parent company of the New York Mercantile Exchange and COMEX, went public and became listed on the New York Stock Exchange on November 17, 2006, under the ticker symbol NMX. On March 17, 2008, Chicago based CME Group signed a definitive agreement to acquire NYMEX Holdings, Inc. for $11.2 billion in cash and stock and the takeover was completed in August 2008. Both NYMEX and COMEX now operate as designated contract marke ...
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Commodity
In economics, a commodity is an economic goods, good, usually a resource, that specifically has full or substantial fungibility: that is, the Market (economics), market treats instances of the good as equivalent or nearly so with no regard to who Production (economics), produced them. The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot market, spot and derivative (finance), derivative markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand, brand name) other than price. Most commodities are raw materials, basic resources, agriculture, agricultural, or mining products, such as iron ore, sugar, or grains like rice and wheat. Commodities can also be mass-produced unspecialized products such as chemical substance, chemicals and computer memory. Popular commodities include Petroleum, crude ...
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Federal Reserve Bank Of New York
The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is responsible for the Second District of the Federal Reserve System, which encompasses the New York (state), State of New York, the 12 northern counties of New Jersey, Fairfield County, Connecticut, Fairfield County in Connecticut, Puerto Rico, and the U.S. Virgin Islands. Located at Federal Reserve Bank of New York Building, 33 Liberty Street in Lower Manhattan, it is the largest (by assets), the most active (by volume), and the most influential of the Reserve Banks. The Federal Reserve Bank of New York is uniquely responsible for implementing monetary policy on behalf of the Federal Open Market Committee and acts as the market agent of the entire Federal Reserve System (as it houses the Open Market Trading Desk and manages System Open Market Account). It is also the sole fiscal agent of the U.S. Department of the Treasury, the bearer of the Treasury's General Account, and the ...
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Market Capitalization
Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by the number of common shares outstanding. Description Market capitalization is sometimes used to rank the size of companies. It measures only the equity component of a company's capital structure, and does not reflect management's decision as to how much debt (or leverage) is used to finance the firm. A more comprehensive measure of a firm's size is enterprise value (EV), which gives effect to outstanding debt, preferred stock, and other factors. For insurance firms, a value called the embedded value (EV) has been used. It is also used in ranking the relative size of stock exchanges, being a measure of the sum of the market capitalizations of all companies listed on each stock exchange. The total capitalization of stock markets or eco ...
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List Of Stock Exchanges
A list is a set of discrete items of information collected and set forth in some format for utility, entertainment, or other purposes. A list may be memorialized in any number of ways, including existing only in the mind of the list-maker, but lists are frequently written down on paper, or maintained electronically. Lists are "most frequently a tool", and "one does not ''read'' but only ''uses'' a list: one looks up the relevant information in it, but usually does not need to deal with it as a whole". Lucie Doležalová,The Potential and Limitations of Studying Lists, in Lucie Doležalová, ed., ''The Charm of a List: From the Sumerians to Computerised Data Processing'' (2009). Purpose It has been observed that, with a few exceptions, "the scholarship on lists remains fragmented". David Wallechinsky, a co-author of '' The Book of Lists'', described the attraction of lists as being "because we live in an era of overstimulation, especially in terms of information, and lists help ...
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New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock exchange in the world by market capitalization, exceeding $25 trillion in July 2024. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (ticker symbol ICE). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. According to a Gallup, Inc., Gallup poll conducted in 2022, approximately 58% of American adults reported having money invested in the stock market, either through individual stocks, mutual funds, or 401(k), retirement accounts. __FORCETOC__ History The earliest recorded organization of Security (finance), securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, secu ...
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Passenger Terminal (maritime)
A passenger terminal is a structure in a port which services passengers boarding and leaving water vessels such as ferry, ferries, cruise ships and ocean liners. Depending on the types of vessels serviced by the terminal, it may be named (for example) ferry terminal, cruise terminal, marine terminal or maritime passenger terminal. As well as passengers, a passenger terminal sometimes has facilities for automobiles and other land vehicles to be picked up and dropped off by the water vessel. Facilities Passenger terminals may vary greatly in size. A small ferry terminal servicing a commuter ferry may just have the means to tie up the vessel and a waiting area for passengers. Even for a large, vehicle-carrying cross-sea ferry, the terminal at a small island location may be similar sized, with just a short ramp to enable vehicles to be driven onto the ferry. Passengers may be loaded onto a ship from the wharf by a Gangway (nautical), gangway or by a linkspan. Goods packed in con ...
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New York City Subway
The New York City Subway is a rapid transit system in New York City serving the New York City boroughs, boroughs of Manhattan, Brooklyn, Queens, and the Bronx. It is owned by the government of New York City and leased to the New York City Transit Authority, an affiliate agency of the Government of New York (state), state-run Metropolitan Transportation Authority (MTA). Opened on October 27, 1904, the New York City Subway is one of the world's oldest public transit systems, one of the most-used, and the one with the second-most stations after the Beijing Subway, with New York City Subway stations, 472 stations in operation (423, if stations connected by transfers are counted as single stations). The system has operated 24/7 service every day of the year throughout most of its history, barring emergencies and disasters. By annual ridership, the New York City Subway is the busiest rapid transit system in both the Western Hemisphere and the Western world, as well as the List of m ...
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40 Wall Street
40 Wall Street (also the Trump Building; formerly the Bank of Manhattan Trust Building and Manhattan Company Building) is a neo-Gothic skyscraper on Wall Street between Nassau and William streets in the Financial District of Manhattan in New York City, New York, U.S. Erected in 1929–1930 as the headquarters of the Manhattan Company, the building was designed by H. Craig Severance with Yasuo Matsui and Shreve & Lamb. The building is a New York City designated landmark and is listed on the National Register of Historic Places (NRHP); it is also a contributing property to the Wall Street Historic District, an NRHP district. The building is on an L-shaped site. While the lower section has a facade of limestone, the upper stories incorporate a buff-colored brick facade and contain numerous setbacks. The facade also includes spandrels between the windows on each story, which are recessed behind the vertical piers on the facade. At the top of the building is a pyramid wi ...
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