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Glite Dictionary
NYSE MKT

NYSE MKT

6.3
A New York stock market that lists shares of small and medium-sized companies
  • proper noun
translation icon : NYSE MKT
  • Shares of XYZ Corp began trading on the NYSE MKT this morning.

Examples

  • The NYSE MKT caters to small and mid-sized companies seeking public investment.

  • Many tech startups have chosen the NYSE MKT as their listing venue.

  • The NYSE MKT is known for trading smaller companies.

  • Many investors prefer NYSE MKT for its diverse offerings.

  • Many tech startups have chosen the NYSE MKT as their listing venue.

  • Shares of XYZ Corp began trading on the NYSE MKT this morning.

  • The NYSE MKT caters to small and mid-sized companies seeking public investment.

Synonyms

Curb
vsNYSE MKT
  • US
3 8.2

A former New York stock exchange now called NYSE American

focuses on the exchange by its former name rather than its current title

Surface Forms

NYSE MKT main

Morphology

NYSE + mkt

The name is compositional: 'NYSE' (the New York Stock Exchange) combined with 'MKT' (an abbreviation for market) yields the meaning 'the NYSE market/exchange'. A B1 learner who knows both constituents (including that 'MKT' abbreviates 'market') can derive the MWE's meaning, so it is transparently built from its parts.

Etymology

The name NYSE MKT comes from the old 'New York Curb Exchange', where traders stood on the street curb and shouted orders to buy and sell. That picture of people trading on a curb helps explain why NYSE MKT now means a New York 'stock exchange' often used by 'small and mid-sized companies'.