Stock exchange

RECENT NEWS
The Hindu Business Line  5 hrs ago  Comment 
Power distribution companies (Discoms) are purchasing cheaper power from the exchanges, resulting in curtailment issues for solar power.Some Discoms, who are faced with financial issues, are simply re...
Mondo Visione  6 hrs ago  Comment 
In view of Qatar Stock Exchange (QSE) keenness to encourage listed companies to adhere to the international best practices in disclosure, transparency and investor relations (IR), and shortly after launching the IR Excellence Program in 2015 in...
WA Business News  Sep 19  Comment 
The start of trading on the Australian stock exchange has been delayed by a technical problem.
Mondo Visione  Sep 18  Comment 
The Saudi Stock exchange (Tadawul) in accordance to the High Order no 7/1600/MB dated 02/11/1425 AH announce that Thursday   22 September 2016   will be National day holiday and that trading will be suspended. Tadawul would like to take this...
The Economic Times  Sep 14  Comment 
Reliance Capital will hold 51% stake in RHF and company will be adequately capitalised to grow lending book to over Rs 20,000 crore in the next 18 months.
Clusterstock  Sep 13  Comment 
America's newest stock exchange isn't finished shaking up the establishment. IEX, the trading firm famous for its efforts to undercut high-speed traders,  just launched as an exchange after winning regulatory approval in July.  The...
Reuters  Sep 12  Comment 
Bats Global Markets on Monday accused rival exchange operator Nasdaq Inc of attempting to boost revenues by proposing a new feed for industry data essential to U.S. stock market operations.
Mondo Visione  Sep 10  Comment 
Click here to download Tehran Stock Exchange's weekly market review.




 

Stock exchange

A stock exchange is an institution, organization or association that serves as a market for trading financial instruments such as stocks, bonds and their related derivatives. Most modern stock exchanges, like NYSE Euronext, have both a trading floor and an electronic trading system.

Increasingly, exchange owners and operators are getting themselves listed on their own exchanges and have become private companies just like any other company. This is the case with companies like NYSE Euronext, Deutsche Boerse AG and the NASDAQ OMX Group. These companies have evolved into international groups operating on different continents and gathering multiple activities like traditional stock markets, derivatives markets and commodities markets.

Stock exchanges have a vital function in modern economies as places where investors and companies can meet and exchange capitals. They offer standardized instruments which are traded with transparency contrary to what happens in OTC transactions. They display prices and volumes for every products they trade.

In the 80's and 90's with the development of computer technologies, stock exchanges have been dematerialized and most of the transactions now happen electronically though some exchanges have kept floor trading activities like the NYSE. Euronext has adopted a fully electronic system.

Traditional stock exchanges have met increasing competition from fully electronic platforms. Electronic trading has reduced the cost of entry into the market and several new exchanges have recently developed.

History

The first stock exchanges date back to the Middle Age in Europe with debt trading between merchants. However the first stock trading can be found in the 17th century with the creation of various companies to explore European colonies such as the Dutch East India Company. Historically stocks and bonds were traded in a physical place or building with traders gathering on the floor and exchanging financial titles by hand.

14c Stocks were instruments of punishment. [1] The original Stock Market was a fish and meat market in the City of London on or near the later site of Mansion House, so called perhaps because it occupied the site of a former stocks. 1809 Place where securities are bought and sold. Stock + market. [2]

12c Markets were a place to meet at a fixed time for buying and selling livestock and provisions, to trade, deal in, buy, wares, merchandise, public building or space where markets are held" first attested mid-13c. Sense of "sales, as controlled by supply and demand" is from 1680s, market research is from 1926. [3]

See also List of Stock Exchanges

Stock Exchanges on Wikinvest

References

  1. [1]
  2. [2]
  3. [3]
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki