The
Financial District, also commonly referred to as
FiDi, is a neighborhood located at the southern tip of the
borough of
Manhattan in
New York City, which comprises the offices and headquarters of many of the city's major financial institutions, including the
New York Stock Exchange and the
Federal Reserve Bank of New York. Anchored by
Wall Street in the Financial District, New York City has been called both the most economically powerful city and the leading financial center of the world, and the New York Stock Exchange is the world's
largest stock exchange by total
market capitalization. Several other major exchanges have or had headquarters in the Financial District, including the
New York Mercantile Exchange,
NASDAQ, the
New York Board of Trade, and the former
American Stock Exchange.