11 Wall St. institution

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Possible Answers: NYSE.

Last seen on: Newsday.com Crossword – Dec 7 2018

Random information on the term “NYSE”:

Jeffrey Craig Sprecher (born February 23, 1955) is an American businessman and is the Founder, Chairman and CEO of Intercontinental Exchange and Chairman of the New York Stock Exchange.

Sprecher was born in Madison, Wisconsin, U.S., where he attended James Madison Memorial High School.[1] He was initiated in Sigma Alpha Epsilon, Wisconsin Alpha Chapter.[2] He received a bachelor’s degree in chemical engineering from the University of Wisconsin–Madison in 1978 and an MBA from Pepperdine University in 1984.[3][4]

Sprecher’s first job was at Trane, where he met William Prentice who was developing power plants following deregulation. Prentice offered him a job at Western Power Group in 1983.[5]

Energy Policy Act (1992) passed and deregulation in the electric industry started. Those working in the “electric industry realized the need for real-time, continentwide transactions”, made possible by “Continental Power Exchange” technologies whereby “individual businesses and consumers may one day be able to select an energy provider in the same way that individuals shop for long-distance telephone service.”[5][6]

NYSE on Wikipedia