An NYSE seat was sold for more than $1 million.

It was the highest price ever. Analysts said the sale showed confidence in the market’s strength, despite the dollar’s weakness and interest rate fluctuations. The exchange does not disclose participants in the sale of a seat and it was not known who paid the $1.1 million. The exchange has 1,366 seats, a number that has been fixed for decades, and 611 member organizations hold seats. Seats are held in individuals’ names, and some firms hold several.