The largest stock market in the world is the New York Stock Exchange. It is also the oldest financial market in the United States. Its history dates to 1792. Today, two-thousand-eight hundred companies (1) trade their shares at the New York Stock Exchange. Together, the value (2) of those stocks is almost fifteen-million-million dollars. These companies are all public traded. That means any investor can buy their (3) stock. A foreign company can trade on the New York Stock Exchange by placing some of its shares in a bank. An American Depositary Receipt is giving in place of the stock, and can be traded on the exchange. About (4) four-hundred-seventy companies from fifty-one other nations are represented on the New York Stock Exchange. Stock is share in the ownership of a company. Debt is also traded (5) on the exchange. Bonds are generally sold in amount of one-thousand (6) dollars or more. Companies and governments sell bonds as a way to borrow money. Buyers earn interest as they wait for the bonds to reach full value. Bonds can be resold or divided. (7) The New York Stock Exchange is owned by its members. It has more than one-thousand-three-hundred members. It have the right (8) to buy and sell securities on the trading floor, for other investors or for them. A membership is traditionally called a seat. These can (9) also be bought and sold. Memberships have sometime sold for more (10) than two-million dollars.