Different markets are located in different places, and in some instances, there is no physical location for the market or index. For example, the NYSE is physically located in New York City at 11 Wall Street and you can actually go there and see the floor traders. By contrast the Nasdaq is fully electronic and while it has its headquarters in New York City, there is no trading floor where you can go to see the open outcry form of trading. Nearly every country in the world has one or more stock markets, and most have physical locations, but have been increasingly migrating towards electronic trade.