Nothing can replace human judgment, NYSE president says

• US capital markets are robust, with H1 2026 IPO proceeds being the best in at least five years, and a strong outlook for H2.
• NYSE combines state-of-the-art technology with human judgment to ensure market transparency and liquidity, especially during volatility.
• NYSE is developing a tokenized securities platform, emphasizing 'responsible innovation' where tokens are directly linked to underlying stocks to prevent shadow markets and protect investors.

NYSE President Lynn Martin discusses the strength of US capital markets, expressing optimism for the second half of the year's IPO activity. She highlights the NYSE's blend of technology and human judgment, and its commitment to responsible innovation, including a new tokenized securities platform. The discussion also touches on market competition and the importance of financial literacy.