This index is a weighted index of the market value of the movement of share prices of all the corporations that have registered their shares on the New York Stock Exchange, that is, in fact, this figure represents the average price per share for all companies on the New York Stock Exchange, the weighted the market value of the shares of each corporation (with appropriate adjustments for factors stock splits, mergers and acquisitions).
Unlike the Dow, which is expressed in points, NYSE index is expressed in dollars. Transactions in options on this index are carried out on the most of the New York Stock Exchange. Transactions in futures contracts are carried out on the New York Futures Exchange, which is a division of the New York Stock Exchange.
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