How is the NYSE organized?

The New York Stock Exchange (NYSE) is organized as a physical trading floor where designated market makers (DMMs) facilitate the buying and selling of stocks. It operates on a hybrid model that combines both electronic trading and traditional floor trading, allowing for efficient transactions. The exchange is structured into various sectors and listed companies are categorized by industry, while trading occurs through a combination of open outcry and electronic systems. Overall, the NYSE aims to provide a transparent and orderly marketplace for investors.