New York City the city is home to the world's two largest stock exchanges by total market capitalization, the New York Stock Exchange and NASDAQ. In 1664, the city was named in honor of the Duke of York, who would become King James II of England. James's older brother, King Charles II, had appointed the Duke proprietor of the former territory of New Netherland, including the city of New Amsterdam, which England had recently seized from the Dutch. During the Wisconsinan glaciation, 75,000 to 11,000 years ago, the New York City region was situated at the edge of a large ice sheet over
New York City English New York City diaspora in other regions. The dialect is widely known for its pronunciation system, the New York accent, which comprises a number of both conservative and innovative features. Major features of the accent include a high, gliding vowel (in words like "talk" and "caught"); a split of the "short a" vowel into two separate sounds; variable dropping of "r" sounds; and a lack of the "cot–caught", "Mary–marry–merry", and "hurry–furry" mergers. The origins of many of New York City English's diverse features are probably not recoverable. New York City English, largely with the same major pronunciation system popularly recognized