The New York Stock Exchange (NYSE) launched the NYSE Institute, an organization that will serve as a champion for the U.S. capital markets and NYSE-listed companies.
The NYSE Institute will be based in New York City and be led by John Tuttle, vice chair at NYSE. Tuttle will continue to oversee the exchange’s existing listings business, representing more than 2,400 companies in 46 countries.
“As the world’s largest stock exchange with a storied history of more than 230 years, the NYSE has a unique platform and substantive role to play as a leading advocate for capital formation around the world,” Lynn Martin, NYSE president, said. “The NYSE Institute provides us with a new structure to formally advance this agenda and offer a strong voice supporting the innovative work of our listed companies and the markets we operate.”
The institute leverage the NYSE’s expertise and products to support government and private-sector officials in countries that are working to further develop their economies, markets, and sustainability initiatives. It will also focus on thought leadership and enhancing the NYSE’s expertise at major relevant global policy gatherings. Further, the institute will convene leaders in politics, commerce, and finance to advocate for the vital role of public companies in driving the inclusive growth of the U.S. capital markets.
“I have always recognized the tremendous value that free enterprise generates, uplifting people and society here and abroad, even in nations where the power of capital markets is only now starting to flourish,” Tuttle, NYSE vice chair and president of the NYSE Institute, said. “The NYSE Institute will use its resources, expertise, and relationships to further support public companies, advance sound public policy, and foster economic growth around the globe.”