Wednesday, December 26, 2012

The Stock Market Timeline

conduct Market Timeline The rake commercialise timeline is more all-embracing that most people realize. The Frankfurt Stock Exchange in Germany dates back as far as the 9th century. Back in the 13th century, merchants and financiers traded government securities and other investments. Most major European cities followed this trend, selling debt-based securities to investors to assist their own economic growth. However it wasnt until 1602 with the Dutch East India Company released the first stocks in a privately owned company and listed them on the Amsterdam Stock Exchange that the stock market as we know it right away was formed. Many other company owners realized that selling shares in a company was a great way to continue and grow and the stock market came alive. It wasnt until 1792 that a classify of New York stockbrokers formally created the New York Stock Exchange scorecard in order to formalize the rules for trading stocks. They agreed to stomach daily to trade stocks and bonds. The New York Stock Exchange expand dramatically to include investors outside of New York in 1844 when telegraphy messages, send via Morse code, were successfully transmitted, enabling investors to send and cod stock market quotes. This eventually was replaced by the stock spunk in 1867.
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During 1866 the first transatlantic communications cable was complete between New York and London. This allowed the stock markets from both countries to communicate instantly, further it wasnt until 1878 that telephones were installed on the trading floor of the New York stock exchange. The Wall Street Journal announced in 1896 the humanity of the Dow Jones industrial stock average and by 1934 the Securities and Exchange foreign mission (SEC) was formed in order to regulate the stocks and bonds markets. The SEC helped to monitor the requirements for companies wanting to issue stock to the public. It also oversees the daily actions of market exchanges, ensuring compliance. The NASDAQ (National... If you want to get a full essay, order it on our website: Orderessay

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