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The securities traded on a stock exchange include: shares issued by companies, unit trusts and
other pooled investment products and bonds. To be able to trade a security on a certain stock
exchange, it has to be listed there. Usually there is a central location at least for recordkeeping,
but trade is less and less linked to such a physical place, as modern markets are electronic
networks, which gives them advantages of speed and cost of transactions. Trade on an exchange
is by members only.
In 12th century France the courratiers de change were concerned with managing and regulating
the debts of agricultural communities on behalf of the banks. As these men also traded in debts,
they could be called the first brokers. Some stories suggest that the origins of the term "bourse"
come from the Latin bursa meaning a bag because, in 13th century Bruges, the sign of a purse (or
perhaps three purses), hung on the front of the house where merchants met.
It is the biggest stock exchange in the world in the amount of dollars that
flows through it each day and has the second largest in terms of numbers
of company listing, exceeded only by NASDAQ.
The global capitalization of the exchange is $2.1 trillion with $1.7 trillion by companies not
based in the U.S.It works similar to that of an auction. Every company listed trades in one
location. A specialist broker designated by each of the listed companies has the duty of acting as
an auctioneer at the company post.
NYSY Today
When it comes to how much money is traded at any given day, the New York Stock Exchange is
categorized as the largest exchange market in the worldwide scope. It is also regarded as the
vanguard in the equities market in terms of technology and investments coming in from around
the globe. Each day, the New York Stock Exchange is where the largest companies buy and sell
billions of dollars amount of shares.
The New York Stock Exchange comprises of member-brokers who take on the trading of stocks
(buying and selling) for clients, which are financially huge companies based in different parts of
the world. Together with the value of companies that trade on the New York Stock Exchange, it
is estimated to have reach at nearly four trillion dollars. Members of the New York Stock
Exchange buy and sell millions of dollars worth of stock for their costumer every single day.
The New York Stock exchange has 1,366 members, who do all of the trading on behalf of their
clients. These members are actually some of the largest brokerages and companies in the world,
and have a net worth of their own that totals about 4 trillion dollars combined. Only members are
allowed to trade directly at the exchange, so each member handles stock orders for millions of
clients. This means that members are buying and selling billions of shares every day.
Welcome in the strange world of Day trading. It's 9:30 in the morning. In the basement of the
Place of Canada, street of Gauchetière, Montreal, it is the routine. With signal of the opening of
the North-American stock exchange markets , a bunch of young adults are inclined feverishly
towards their keyboard of computer. And it left for another bogus day! From here until the
closure of the Stock Exchange, at 4PM, this heteroclite band will buy and sell tens of thousands
of actions of companies. Marjorie Landry, 23 years old, coed with the baccalaureat in finance at
the University of Quebec at Trois-Rivières (UQTR), takes seat behind his working station and
opens a meeting of computer.
At once its password accepted, the amount that it can speculate for the day on Stock Exchange
Market appears on one of the screens in front of it. It can then start to make its first transactions
on the title of Intel, on the Stock Exchange of Nasdaq. Its spirit and its must be sharp.
After the Bre-X fraud, a 43-101 was instituted. It about puts to cardboard in a abundant address
what admeasurement of mineral abundance your acreage has. Bre-X had agrarian claims of 200
actor ounces of gold in a adopted country. Aback again there was appealing abundant no austere
accountability for these numbers. Investors bid Bre-X from pennies to as aerial as $280.00 an it
breach 10 to 1. People fabricated and absent fortunes trading Bre-X. This isn't a Bre-X flashback,
it's a little history as to why the 43-101 was started and it's accent today.