NYSE vs Nasdaq: hours, settlement and tech listings compared
How the New York Stock Exchange and the Nasdaq Stock Market differ for technology investors: trading hours, currency, settlement, price limits and the tech companies each one lists.
NYSE: 09:30–16:00 local
Nasdaq: 09:30–16:00 local
Key differences
- NYSE and Nasdaq trade at exactly the same hours, 09:30–16:00 in New York.
- Both trade in USD, so there is no currency difference between them.
- Both settle trades on T+1.
- In the next 12 months NYSE has 10 weekday holidays and 2 early closes.
- In the next 12 months Nasdaq has 10 weekday holidays and 2 early closes.
Side by side
| NYSE | Nasdaq | |
|---|---|---|
| Country | United States | United States |
| Operator | Intercontinental Exchange (ICE) | Nasdaq, Inc. |
| Currency | USD | USD |
| Local trading hours | 09:30–16:00 (America/New_York) | 09:30–16:00 (America/New_York) |
| Your time today | — | — |
| Settlement | T+1 | T+1 |
| Price limits | No fixed daily limit. Limit Up-Limit Down bands pause single stocks after sharp moves; market-wide circuit breakers halt trading after 7%, 13% and 20% falls in the S&P 500. | No fixed daily limit. Limit Up-Limit Down bands pause single stocks after sharp moves; market-wide circuit breakers halt trading after 7%, 13% and 20% falls in the S&P 500. |
| Minimum trading unit | 1 share | 1 share |
| Regulator | U.S. Securities and Exchange Commission (SEC) | U.S. Securities and Exchange Commission (SEC) |
| Technology benchmark | S&P 500 Information Technology sector | Nasdaq-100 (the 100 largest non-financial Nasdaq companies) |
| Main indices | NYSE Composite, S&P 500 (NYSE and Nasdaq stocks), Dow Jones Industrial Average (NYSE and Nasdaq stocks) | Nasdaq Composite, Nasdaq-100 |
| Listing boards | NYSE, NYSE American, NYSE Arca | Nasdaq Global Select Market, Nasdaq Global Market, Nasdaq Capital Market |
Tech companies listed
NYSE
Nasdaq
Examples of well-known listings, not recommendations.
More about each exchange
- New York Stock Exchange profile
- Nasdaq Stock Market profile
- Add a third exchange in the comparison tool
Guides
T+1 Settlement Explained: Which Markets Settle Next Day
The US, Canada and India already settle share trades in one day; the EU, UK and Switzerland plan to follow on 11 October 2027. What T+1 means for your cash, dividends and trades abroad.
Nasdaq vs NYSE: Where Tech Companies List and Why It Matters
Nasdaq and the NYSE share trading hours, regulator and T+1 settlement. What really differs for tech companies and investors, from index membership to listing tiers.
Global Stock Market Hours: When the Big Exchanges Overlap
When do Tokyo, Hong Kong, London, Frankfurt and New York trade at the same time? Trading hours in UTC, the Europe–US overlap and why it changes twice a year.