Wall Street is an eternally busy financial district in New York City. It is a busy thoroughfare where nearly every big name business in New York City can be found. Wall Street has been described by the writer Gertrude Stein as a “great city” with “better food, greater art, larger numbers of beautiful girls and better manners”. It is the most expensive place to live in New York City and has the largest stock exchange in the world. In essence Wall Street is a “valuable district”.
Wall Street is actually eight blocks long, but when it comes to the different districts of Wall Street it is split into four main sections. It starts with Wall Street itself at Wall Street Ferry and ends with Wall Street itself. Wall Street is also the home of the American stock market and one of the busiest financial institutions in the world. Among the many businesses that can be found on Wall Street are: mutual funds, insurance companies, investment banks, brokerages, credit unions, commodity exchanges and the like.
Some of the most prominent personalities in the world are those who have their homes on Wall Street. These include banking heads, stock brokers, investment bankers, insurance executives and, of course, the well-known Wall Street bulls. John F. Kennedy, Albert Einstein, Franklin Delano Roosevelt and several other notable Americans all have had residences on Wall Street. The famous street is actually referred to as the Street of Love.
As you walk on Wall Street, you will come across a number of buildings that were once home to major financial institutions. In some cases, these buildings are the original buildings that were built to house Wall Street investment banks. In other cases these buildings were built later, as investments were made on Wall Street by these financial institutions. In still other cases, these buildings were remodeled to become office space. Whatever the case may be, these buildings are some of the most well known on Wall Street.
Financial institutions are not the only ones that use Wall Street as a locus of power and wealth. Business owners also seek out Wall Street for advice as the exchange is home to some of the most highly regarded and respected business leaders in the world. Among some of the well-known business people who have their residences on Wall Street are: Donald Trump, Vince McMahon, Nick Roditi, John Buttram, Carl Icahn and others.
The New York Stock Exchange, or NYSE, is the world’s largest stock market. It also happens to be the second busiest stock exchange after the New York Stock Exchange. NYSE deals with a number of different markets including foreign exchange, mortgage investments and corporate securities. The New York Stock Exchange is considering the “de facto” stock market in North America. As such, many investors to trade their shares here on a regular basis.
In terms of finance, there are a number of investment companies that deal exclusively in New York Stock Exchange stocks. These firms can help a company make it big if its stock price goes up (or down) – as they do a great deal of trading in behalf of their clients. However, these firms are not usually made up of individuals. Rather, they are large investment firms which have been granted licenses by the New York Stock Exchange to conduct business.
Aside, from banks, other financial institutions that have operations in New York include brokers, traders, financial planners and lawyers. All of these have come to play a big role in helping businesses and individuals do business on Wall Street. The Street is one of the busiest places in the world in terms of finance and business. There is plenty to see and do on Wall Street, and there are also plenty of jobs available if you are interested in working in this particular area.
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