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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: steve goldman who wrote (7109)4/30/1999 8:27:00 PM
From: Gary Korn  Read Replies (1) of 12617
 
There are about 600 NASD firms.
invest-faq.com
Presently, every broker/dealer in the United States that conducts a securities business with the public is required by law to be a member of the NASD. Currently, this totals more than 5,500 securities firms with more than 62,000 branch offices. Information on NASD membership and its benefits can be found here.
nasd.com

There are about 1366 NYSE seats.
invest-faq.com
Another source, the NYSE, says 400+ firms
nyse.com

There are only 661 regular seats and 203 Option Principal Memberships (OPM) on the AMEX
invest-faq.com

To find out more details about average sizes of member firms, you might call the exchanges. Here are the contact numbers:
invest-faq.com
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