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Stock exchange

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831: 1333:. In the 1990s and early 2000s, hi-tech listed companies experienced a boom and bust in the world's major stock exchanges. Since then, it has been much more demanding for the high-tech entrepreneur to take his/her company public, unless either the company is already generating sales and earnings, or the company has demonstrated credibility and potential from successful outcomes: clinical trials, market research, patent registrations, etc. This shift in market expectations has led to an increased reliance on private equity and venture capital funding in the early stages of high-tech companies. This is quite different from the situation of the 1990s to early-2000s period, when a number of companies (particularly Internet boom and biotechnology companies) 865: 1245: 961: 56: 4245: 4143: 567: 1550:
management is considered poor (making the firm vulnerable to a takeover by new management) or rises when management is doing well (making the firm less vulnerable to a takeover). In addition, publicly listed shares are subject to greater transparency so that investors can make informed decisions about a purchase. Consequently, it is alleged that public companies (companies that are owned by shareholders who are members of the general public and trade shares on public exchanges) tend to have better management records than
1170: 1105: 4422: 1665:. These bonds can be raised through the stock exchange whereby members of the public buy them, thus loaning money to the government. The issuance of such bonds can obviate, in the short term, direct taxation of citizens to finance development—though by securing such bonds with the full faith and credit of the government instead of with collateral, the government must eventually tax citizens or otherwise raise additional funds to make any regular coupon payments and refund the principal when the bonds mature. 1150: 4452: 736:; a lender looking to unload a high-risk, high-interest loan might exchange it for a different loan with another lender. These lenders also bought government debt issues. As the natural evolution of their business continued, the lenders began to sell debt issues to the first individual investors. The Venetians were the leaders in the field and the first to start trading securities from other governments, yet did not embark on private trade with India. Nor did the Italians connect on land with the Chinese 1120: 4335: 976:
brokers moved their location to another leafy setting, this time under banyan trees at the junction of Meadows Street and what was then called Esplanade Road, now Mahatma Gandhi Road. With a rapid increase in the number of brokers, they had to shift places repeatedly. At last, in 1874, the brokers found a permanent location, the one that they could call their own. The brokers group became an official organization known as "The Native Share & Stock Brokers Association" in 1875.
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corporate governance, financial transparency, and accountability, thereby ensuring that listed companies operate in a manner that is conducive to investor confidence and market stability. By imposing these standards, stock exchanges contribute to the overall integrity and reliability of the financial markets, fostering an environment where companies are held accountable for their actions and decisions, ultimately benefiting both investors and the broader economy.
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potential for stock price increases leading to capital gains. As a result, individuals who invest in stocks have the opportunity to share in the prosperity of successful companies, effectively participating in a form of wealth redistribution through their investment activities. Thus, while not the primary purpose of stock exchanges, the opportunity for individuals to benefit from the success of businesses can be seen as a form of wealth
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administrative functions, creates an ecosystem of employment opportunities that support the operations and functions of the exchange. Additionally, the stock exchange's role in facilitating capital formation and investment in businesses also indirectly contributes to job creation and economic growth, making it a significant player in the employment landscape.
934:, which stated that only royally chartered companies could issue public shares. In Paris, Law was stripped of office and fled the country. Stock trading was more limited and subdued in subsequent decades. Yet the market survived, and by the 1790s shares were being traded in the young United States. On May 17, 1792, the 800:, organizations of contractors or leaseholders who performed temple-building and other services for the government. One such service was the feeding of geese on the Capitoline Hill as a reward to the birds after their honking warned of a Gallic invasion in 390 B.C. Participants in such organizations had 1717:
The stock exchange plays a role in regulating companies by exerting a significant influence on their management practices. To be listed on a stock exchange, a company is required to adhere to a set of rules and regulations established by the exchange itself. These regulations serve as a framework for
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Bombay Stock Exchange was started by Premchand Roychand in 1875. While BSE Limited is now synonymous with Dalal Street, it was not always so. In the 1850s, five stock brokers gathered together under a Banyan tree in front of Mumbai Town Hall, where Horniman Circle is now situated. A decade later, the
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requires a company to meet the Profit Test by demonstrating either of the following: A$ 1 million aggregated profit from continuing operations over the past 3 years or A$ 500,000 consolidated profit from continuing operations over the last 12 months. Alternatively, a company can meet the Assets Test
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Another alternative source of cash for a private company is a corporate partner, usually an established multinational company, which provides capital for the smaller company in return for marketing rights, patent rights, or equity. Corporate partnerships have been used successfully in a large number
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As opposed to other businesses that require huge capital outlay, investing in shares is open to both the large and small stock investors as minimum investment amounts are minimal. Therefore, the stock exchange provides the opportunity for small investors to own shares of the same companies as large
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to satisfy the demands of these shareholders and the more stringent rules for public corporations imposed by public stock exchanges and the government. This improvement can be attributed in some cases to the price mechanism exerted through shares of stock, wherein the price of the stock falls when
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While stock exchanges are not designed to be platforms for the redistribution of wealth, they play a significant role in allowing both casual and professional stock investors to partake in the wealth generated by profitable businesses. This is achieved through the distribution of dividends and the
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in the most prominent stock exchanges around the world in the total absence of sales, earnings, or any type of well-documented promising outcome. Though it is not as common, it still happens that highly speculative and financially unpredictable hi-tech startups are listed for the first time in a
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index, giving the BSE a means to measure the overall performance of the exchange. In 2000, the BSE used this index to open its derivatives market, trading S&P BSE SENSEX futures contracts. The development of S&P BSE SENSEX options along with equity derivatives followed in 2001 and 2002,
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The beginnings of lending were in Italy in the late Middle Ages. In the 14th century, Venetian lenders would carry slates with information on the various issues for sale and meet with clients, much like a broker does today. Venetian merchants introduced the principle of exchanging debts between
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By going public and listing on a stock exchange, companies gain access to a broader pool of investors, which can provide the necessary funds for expansion, research and development, and other growth initiatives. Additionally, being listed on a stock exchange enhances a company's visibility and
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SSE, a company must meet certain criteria such as minimum market capitalization, a minimum net profit, and a minimum number of shareholders. Also, the company’s total share capital must not be less than RMB 30 million. Companies must also submit financial reports and undergo a review by the
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and other members who perform activities within the stock exchange. This makes the stock exchange a source of employment, not only for investors but also for the members and their employees. The diverse range of roles within the stock exchange, including trading, analysis, compliance, and
927:, who was acting in effect as France's central banker. Investors snapped up shares in both, and whatever else was available. In 1720, at the height of the mania, there was even an offering of "a company for carrying out an undertaking of great advantage, but nobody to know what it is". 2396:(2009) provides evidence that shareholder companies date back to ancient Rome. Yet the title of the world's first stock market deservedly goes to that of seventeenth-century Amsterdam, where an active secondary market in company shares emerged. The two major companies were the 1434:
with banks, are mobilized and redirected to help companies' management boards finance their organizations. This may promote business activity with benefits for several economic sectors such as agriculture, commerce and industry, resulting in stronger economic growth and higher
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tend to lose money as the stock and the company tend to lose value. In the stock exchanges, shareholders of underperforming firms are often penalized by significant share price decline, and they tend as well to dismiss incompetent management teams.
1401:. This source remains largely available today, but the maximum statistical amount that the venture company firms in aggregate will invest in any one company is not limitless (it was approximately $ 15 million in 2001 for a biotechnology company). 860:
and a philosopher, the book described a market that was sophisticated but also prone to excesses, and de la Vega offered advice to his readers on such topics as the unpredictability of market shifts and the importance of patience in investment.
764:'s founding in 1602, while others point to much earlier developments (Bruges, Antwerp in 1531 and in Lyon in 1548). The first book in history of securities exchange, the Confusion of Confusions, was written by the Dutch-Jewish trader 844:, also known as Joseph Penso de la Vega and by other variations of his name, was an Amsterdam trader from a Spanish Jewish family and a prolific writer as well as a successful businessman in 17th-century Amsterdam. His 1688 book 1328:
companies, typically need to raise high volumes of capital in their early stages. For this reason, the public market provided by the stock exchanges has been one of the most important funding sources for many capital intensive
830: 808:. In one speech, Cicero mentions "shares that had a very high price at the time". Such evidence, in Malmendier's view, suggests the instruments were tradable, with fluctuating values based on an organization's success. The 1673:
At the stock exchange, share prices rise and decreases depending, largely, on economic forces. Share prices tend to rise or remain stable when companies and the economy in general show signs of stability and growth. A
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London's first stockbrokers, however, were barred from the old commercial center known as the Royal Exchange, reportedly because of their rude manners. Instead, the new trade was conducted from coffee houses along
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platform called BSE On-Line Trading (BOLT) had a capacity of 8 million orders per day. Now BSE has raised capital by issuing shares and as on 3 May 2017 the BSE share which is traded in NSE only closed with ₹999.
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in providing an efficient means of disposing of shares. In recent years, as the ease and speed of exchanging stocks over digital platforms has increased, volatility in the day-to-day market has increased, too.
2504: 2404:, founded in 1602 and 1621. Other companies existed, but they were not as large and constituted a small portion of the stock market (Israel 1991, 109–112; Dehing and 't Hart 1997, 54; dela Vega 1996, 173)." 3160: 1632:) to identify, uniquely, their stocks, bonds and other securities. Adding an ISIN code helps to distinctly identify securities and the ISIN system is used worldwide by funds, companies, and governments. 1906:
In 2018, there were 15 licensed stock exchanges in the United States, of which 13 actively traded securities. All of these exchanges were owned by three publicly traded multinational companies,
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By the end of that same year, share prices had started collapsing, as it became clear that expectations of imminent wealth from the Americas were overblown. In London, Parliament passed the
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Governments at various levels may decide to borrow money to finance infrastructure projects such as sewage and water treatment works or housing estates by selling another category of
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upon companies that want to be listed on that exchange. Such conditions may include minimum number of shares outstanding, minimum market capitalization, and minimum annual income.
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requires a company to have issued at least 1.25 million shares of stock worth at least $ 70 million and must have earned more than $ 11 million over the last three years.
2785: 2312: 4088: 1749:(NYSE) requires a company to have issued at least 1.1 million shares of stock worth $ 40 million and must have earned more than $ 10 million over the last three years. 1884:
can be characterized as quasi-state institutions insofar as they were created by government bodies in China and their leading personnel are directly appointed by the
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and bonds are traded. Increasingly, stock exchanges are part of a global securities market. Stock exchanges also serve an economic function in providing liquidity to
2938: 2490: 630:. Stock exchanges may also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and 1554:(those companies where shares are not publicly traded, often owned by the company founders, their families and heirs, or otherwise by a small group of investors). 706:
There is usually no obligation for stock to be issued through the stock exchange itself, nor must stock be subsequently traded on an exchange. Such trading may be
3150: 2026: 3175: 2134: 5027: 1225:, India, is the ninth-largest stock exchange in the world, oldest and fifth-largest in Asia, largest in India. It is the fastest stock exchange in the world. 646:, pooled investment products and bonds. Stock exchanges often function as "continuous auction" markets with buyers and sellers consummating transactions via 4588: 553: 3290: 2144: 2124: 4961: 3198: 987:
was acquired by the exchange in 1928, and a building was constructed and occupied in 1930. The street on which the site is located came to be called
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there. Usually, there is a central location for record keeping, but trade is increasingly less linked to a physical place as modern markets use
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requires a minimum market capitalization (£700,000), three years of audited financial statements, minimum public float (25%) and sufficient
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established in 1994, three years after the collapse of the Soviet Union, mainly state-owned but has a form of a public corporation (
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Historically an open outcry floor trading exchange, the Bombay Stock Exchange switched to an electronic trading system developed by
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sought to modernize the kingdom's finances to pay for its wars, and thus the first government bonds were issued in 1693 and the
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declined into obscurity in the time of the emperors, as most of their services were taken over by direct agents of the state.
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at a central location such as the floor of the exchange or by using an electronic system to process financial transactions.
1841:. In this way the mutual organization becomes a corporation, with shares that are listed on a stock exchange. Examples are 1244: 5002: 4618: 4604: 3547: 3091: 2927: 2066: 1557:
Despite this claim, some well-documented cases are known where it is alleged that there has been considerable slippage in
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who are members of the exchange. In recent years, various other trading venues such as electronic communication networks,
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Diamond, Peter A. (1967). "The Role of a Stock Market in a General Equilibrium Model with Technological Uncertainty".
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hedge funds, venture capital, private equity, angel funds, real estate, commodities, collectibles, structured products
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as a commonly used type of security were a more recent innovation, spearheaded by the Italian city-states of the late
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by fulfilling one of the following criteria: A$ 4 million net tangible assets or A$ 15 million market capitalization.
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credibility, making it more attractive to potential partners, customers, and employees. According to a report by the
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major stock exchange. Additionally, there are smaller, specialized entry markets for these kind of companies with
1062: 5007: 4885: 4870: 4815: 4800: 4778: 4738: 4693: 2590: 2051: 2010: 1995: 1907: 999: 980: 405: 1195:, China, is the seventh-largest stock exchange in the world, fourth-largest in Asia and second-largest in China. 5149: 5032: 4997: 4833: 4773: 4501: 4234: 3930: 3605: 2725:"Graduation of initial public offering firms from junior stock markets: Evidence from the tokyo stock exchange" 2614: 2401: 2397: 1622: 1570: 1468: 1436: 1423: 835: 769: 761: 2747: 2424:, introduction by Hermann Kellenbenz, Baker Library, Harvard Graduate School of Business Administration (1957) 566: 2238: 1240:, India, is the tenth-largest stock exchange in the world, sixth-largest in Asia and second-largest in India. 5083: 5042: 4935: 4925: 4895: 4890: 4855: 4783: 4673: 4668: 4249: 4147: 4117: 4097: 3884: 3745: 3640: 3523: 3236: 3087: 2934: 2079: 1892: 1881: 1877: 1858: 1838: 1802: 1746: 1419: 1334: 1188: 1169: 1138: 1108: 1104: 984: 935: 680: 571: 225: 3206: 5118: 5093: 4748: 4728: 4683: 4648: 4294: 3772: 2495: 1705: 1679: 1551: 1546: 1545:
By having a wide and varied scope of owners, companies generally tend to improve management standards and
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later started offering future contracts on other products, such as interest rates and shares, as well as
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is often considered the oldest "modern" securities market in the world. On the other hand, economist
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in 2007–08 are also examples of corporate mismanagement. The mismanagement of companies such as
55: 2888: 1922:. In 2019, a group of financial corporations announced plans to open a members owned exchange, 1214: 4753: 4743: 4354: 3879: 3864: 3616: 2868: 2820: 2413: 2393: 2371: 2339: 2228: 1431: 1321: 1311: 1274: 995: 916: 841: 785: 773: 765: 741: 658: 450: 445: 435: 380: 206: 174: 2460: 4838: 3980: 3900: 3696: 3577: 3453: 3372: 3328: 3306: 3155: 3151:"Competition among exchanges has reached a new low, and it's dangerous for the stock market" 2812: 2699: 2654: 2382:& Nicholas A. Curott: "Business ventures with multiple shareholders became popular with 2379: 2367: 1975: 1957: 1953: 1948: 1943: 1935: 1923: 1683: 1586: 1475:
is one of the simplest and most common ways for a company to grow by acquisition or fusion.
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and inner workings of a stock market, taking the form of a dialogue between a merchant, a
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under the Securities Contracts Regulation Act. Construction of the present building, the
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allocation of resources because funds, which could have been consumed, or kept in idle
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Organization that provides services for stock brokers and traders to trade securities
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Stock exchanges have multiple roles in the economy. This may include the following:
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On 31 August 1957, the BSE became the first stock exchange to be recognized by the
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Stock exchanges offer employment opportunities to various individuals such as
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Many banks and companies worldwide utilize securities identification numbers (
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However, when poor financial, ethical or managerial records become public,
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The Bombay Stock Exchange continued to operate out of a building near the
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or shares, a concept mentioned various times by the statesman and orator
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The Venetian Money Market: Banks, Panics, and the Public Debt, 1200-1500
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Besides the borrowing capacity provided to an individual or firm by the
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in Hindi (meaning "Broker Street") due to the location of the exchange.
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Wheels of Commerce: Civilization & Capitalism 15th-18th Century
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on the part of some public companies, particularly in the cases of
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The listing requirements imposed by some stock exchanges include:
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Companies have also raised significant amounts of capital through
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Da Rin, Marco; Hellmann, Thomas F.; Puri, Manju (October 2011).
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When people draw their savings and invest in shares (through an
1351: 952:, agreeing to trade five securities under that buttonwood tree. 634:. Securities traded on a stock exchange include stock issued by 390: 4577: 4070: 3279: 3231:"Wall Street Firms Plan New Exchange to Challenge NYSE, Nasdaq" 1919: 1903:(KRX) owns 25% less one share of the Tashkent Stock Exchange. 1788:(US$ 3.0 million) and minimum public float equivalent to 1045: 691:. A stock exchange is often the most important component of a 3023: 2491:"BSE may set another record, become an official tourist spot" 2993: 1397:
A general source of capital for startup companies has been
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and Christopher J. Coyne. (Oxford University Press, 2015,
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can be an indicator of the general trend in the economy.
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Alternative investment funds refer to funds that include
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Companies view acquisitions as an opportunity to expand
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was set up the following year. Soon thereafter, English
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An, Li; Bian, Jiangze; Lou, Dong; Shi, Donghui (2019).
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Bubbles and Busts: The 1990s in the Mirror of the 1920s
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To be eligible for an initial public offering (IPO) on
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Vatican Secret Archives, Vatican City, Inv. No. A. A.
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Creating investment opportunities for small investors
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on a particular stock exchange, the security must be
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Portions Descriptive of the Amsterdam Stock Exchange
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International Organization of Securities Commissions
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In the 19th century, exchanges were opened to trade
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The New Oriental Bank and Share Market, Bombay (now
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List of financial regulatory authorities by country
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Government capital-raising for development projects
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Alternatives to stock exchanges for raising capital
915:occurred around 1720. At the center of it were the 3229: 2863:Courtney, Thomas B.; Hutchinson, G. Brian (2002). 1781:(BSE) requires a minimum market capitalization of 1165:is the fourth-largest stock exchange in the world. 780:argues that a share market existed as far back as 2746:Fullerton, Don; Gillette, Robert; Mackie, James. 1342:tracking their performance (examples include the 1115:, US, is the largest stock exchange in the world. 760:was first traded. Some view the key event as the 4098:Largest stock exchanges by market capitalization 2914:"Role of an Exchange: What Is a Stock Exchange?" 1772:for at least 12 months from the date of listing. 1451:, increase distribution channels, hedge against 683:of stocks and bonds to investors is done in the 578:is the world's largest stock exchange per total 2165:Kat Tretina and Benjamin Curry (9 April 2021). 1942:. Exchange traded forward contracts are called 1625:(2009) all received plenty of media attention. 3111: 3109: 2805:"Wealth Redistribution in Bubbles and Crashes" 2527:"THE PROFILE OF BOMBAY STOCK EXCHANGE LIMITED" 2358:Stringham, Edward Peter; Curott, Nicholas A.: 2212:, §§2:25 - 2:30 (Thomson West, 2013-2014 ed.). 2027:Securities market participants (United States) 4589: 4082: 3291: 2641:Gilson, Ronald J.; Black, Bernard S. (1998). 2135:List of stock market crashes and bear markets 1862: 1374:Research and Development limited partnerships 547: 8: 5028:Indonesia Commodity and Derivatives Exchange 2303:"What Was the First Company to Issue Stock?" 2286:"Letter of Güyük Khan to Pope Innocent IV". 1837:, where the members sell their shares in an 740:. Along the potential overland trade route, 4962:Depository Trust & Clearing Corporation 2167:"NYSE: What Is The New York Stock Exchange" 1956:contracts. They are now generally known as 4596: 4582: 4574: 4089: 4075: 4067: 3298: 3284: 3276: 2145:List of Swiss financial market legislation 2125:List of countries without a stock exchange 554: 540: 38: 3084:"Stages of the Republican Stock Exchange" 2591:"How Does the Stock Market Work? | Samco" 2364:The Oxford Handbook of Austrian Economics 2210:Soft Dollars and Other Trading Activities 2197:Soft Dollars and Other Trading Activities 1814:Australian Securities Exchange in Sydney: 1389:must be high enough to entice investors. 1092:Learn how and when to remove this message 792:, which existed for centuries before the 2227:. Johns Hopkins University Press. 2019. 2047:Stock exchanges for developing countries 2001:Federation of Euro-Asian Stock Exchanges 565: 3228:Osipovich, Alexander (7 January 2019). 3203:Financial Industry Regulatory Authority 3180:Financial Industry Regulatory Authority 2771:. National Bureau of Economic Research. 2698:(Working Paper), Working Paper Series, 2157: 2115:List of Southeast Asian stock exchanges 2100:List of stock exchanges in Western Asia 2090:List of stock exchanges in the Americas 1849:(merged with New York Stock Exchange), 1817:Australia Securities Exchange in Sydney 1021:In 1986, the BSE developed the S&P 834:A 17th-century engraving depicting the 362: 334: 295: 192: 134: 85: 46: 5089:Belarusian Currency and Stock Exchange 2974:from the original on 27 September 2010 2766:"A survey of venture capital research" 2541:"The History of Bombay Stock Exchange" 1886:China Securities Regulatory Commission 1459:, or acquire other necessary business 1026:expanding the BSE's trading platform. 687:and subsequent trading is done in the 5018:Dubai Gold & Commodities Exchange 3094:from the original on 29 February 2020 3004:from the original on 5 September 2021 2780: 2778: 2241:from the original on 20 November 2022 2199:, §2:3 (Thomson West, 2013-2014 ed.). 1306:or a loan, a stock exchange provides 848:explained the workings of the city's 7: 2723:Yuji, Honjo; Koki, Kurihara (2023). 2507:from the original on 4 November 2021 2315:from the original on 4 February 2020 2301:Beattie, Andrew (13 December 2017). 2267:from the original on 26 October 2007 1726:Each stock exchange imposes its own 1074:adding citations to reliable sources 778:University of California at Berkeley 5109:Dutch Caribbean Securities Exchange 3244:from the original on 9 January 2019 3163:from the original on 9 January 2019 3130:from the original on 9 January 2019 3116:Lahiri, Diptendu (7 January 2019). 2105:List of South Asian stock exchanges 1595:Adelphia Communications Corporation 1486:World Federation of Exchanges (WFE) 2461:"History of the NY Stock Exchange" 2435:"Stockbroker 101 - A Cool History" 2120:List of stock exchanges in Oceania 2110:List of East Asian stock exchanges 1799:The Shanghai Stock Exchange (SSE): 983:until 1928. The present site near 699:, affect the price of stocks (see 25: 4844:International Securities Exchange 4664:Bolsa de Comercio de Buenos Aires 2692:White, Eugene N. (1 April 2006), 2471:from the original on 4 April 2016 2437:. Stockbroker 101. Archived from 2177:from the original on 23 June 2022 1414:Mobilizing savings for investment 852:. It was the earliest book about 663:electronic communication networks 5063:The International Stock Exchange 4851:National Stock Exchange of India 4769:Hong Kong Exchanges and Clearing 4719:China Financial Futures Exchange 4704:Bulgarian Stock Exchange – Sofia 4555: 4540: 4525: 4510: 4495: 4480: 4465: 4450: 4435: 4420: 4405: 4398: 4391: 4384: 4377: 4370: 4363: 4348: 4333: 4318: 4303: 4288: 4280:National Stock Exchange of India 4273: 4258: 4243: 4228: 4213: 4198: 4191: 4184: 4177: 4170: 4163: 4156: 4141: 4126: 4111: 3554:Electronic communication network 3205:. 17 August 2016. Archived from 3182:. 17 August 2016. Archived from 2944:from the original on 18 May 2018 2867:(2nd ed.). Dublin: Tottel. 2085:List of European stock exchanges 1734:Examples of listing requirements 1050: 948:, as 24 stockbrokers signed the 54: 4764:Ho Chi Minh City Stock Exchange 2673:from the original on 9 May 2023 2360:On the Origins of Stock Markets 2095:List of African stock exchanges 2016:Histoire des bourses de valeurs 1565:. The policies that led to the 1061:needs additional citations for 297:Over-the-counter (off-exchange) 4881:Saudi Stock Exchange (Tadawul) 4634:Australian Securities Exchange 4457:Australian Securities Exchange 3173:(for recent history see also, 2647:Journal of Financial Economics 2338:. New York: Harper & Row. 2261:"The Birth of Stock Exchanges" 1843:Australian Securities Exchange 1829:Stock exchanges originated as 1501:within the financial markets. 1314:for expansion through selling 1294:Raising capital for businesses 1249:Australian Securities Exchange 1: 5003:Cayman Islands Stock Exchange 4669:Bolsa de Comercio de Santiago 4619:Abu Dhabi Securities Exchange 4605:World Federation of Exchanges 3548:Multilateral trading facility 2790:World Federation of Exchanges 2388:contracts in medieval Italy ( 2067:World Federation of Exchanges 1529:increases that may result in 1509:Both casual and professional 714:. This is the usual way that 523:Sustainable development goals 5104:Canadian Securities Exchange 5094:Bolsa de Comercio de Rosario 4967:Options Clearing Corporation 4946:Zhengzhou Commodity Exchange 4674:Bolsa de Valores de Colombia 3971:Returns-based style analysis 3767:Post-modern portfolio theory 3673:Security characteristic line 3149:Ramsay, John (23 May 2018). 2865:The law of private companies 2130:List of stock market indices 1607:American International Group 1016:Phiroze Jamshedji Jeejeebhoy 748:repulsed advances by Mongol 5058:Port Moresby Stock Exchange 5038:Nairobi Securities Exchange 4911:Stock Exchange of Mauritius 4811:London Stock Exchange Group 3725:Efficient-market hypothesis 3629:Capital asset pricing model 3566:Straight-through processing 1865:Bolsas y Mercados Españoles 1803:the Shanghai Stock Exchange 1686:could eventually lead to a 1517:or as small as an ordinary 1479:Facilitating company growth 1310:with the facility to raise 1280:Johannesburg Stock Exchange 671:alternative trading systems 5171: 4916:Stock Exchange of Thailand 4562:Stock Exchange of Thailand 3542:Alternative Trading System 2567:. BSEIndia. Archived from 1569:in the late 1990s and the 911:One of history's greatest 29: 5008:Chittagong Stock Exchange 4886:Shanghai Futures Exchange 4871:Philippine Stock Exchange 4816:Luxembourg Stock Exchange 4801:Kazakhstan Stock Exchange 4779:Intercontinental Exchange 4739:Dalian Commodity Exchange 4684:Bolsa Mexicana de Valores 4104: 3024:"SHANGHAI STOCK EXCHANGE" 2334:Braudel, Fernand (1983). 2052:Stock market data systems 2011:Financial risk management 1996:Diversification (finance) 1908:Intercontinental Exchange 1863: 1443:Facilitating acquisitions 1318:to the investing public. 1000:Phiroze Jeejeebhoy Towers 406:Diversification (finance) 5033:Multi Commodity Exchange 4998:Bucharest Stock Exchange 4834:Muscat Securities Market 4774:Indonesia Stock Exchange 4679:Bolsa de Valores de Lima 4502:Indonesia Stock Exchange 4235:Hong Kong Stock Exchange 3606:Arbitrage pricing theory 2729:Small Business Economics 2615:American Economic Review 2418:Confusion de Confusiones 2402:Dutch West India Company 2398:Dutch East India Company 1930:Other types of exchanges 1871:São Paulo Stock Exchange 1743:New York Stock Exchange: 1699:Employment opportunities 1669:Barometer of the economy 1623:Satyam Computer Services 1571:subprime mortgage crisis 1552:privately held companies 1492:Redistribution of wealth 1469:mergers and acquisitions 1424:seasoned equity offering 1324:companies, particularly 836:Amsterdam Stock Exchange 796:was founded, there were 770:Amsterdam Stock Exchange 762:Dutch East India Company 681:Initial public offerings 582:of its listed companies. 30:Not to be confused with 5084:Barbados Stock Exchange 5043:Namibian Stock Exchange 4936:Tel Aviv Stock Exchange 4926:Taiwan Futures Exchange 4896:Shenzhen Stock Exchange 4891:Shanghai Stock Exchange 4856:Nigerian Stock Exchange 4784:New York Stock Exchange 4250:Shenzhen Stock Exchange 4148:Shanghai Stock Exchange 4118:New York Stock Exchange 3885:Initial public offering 3746:Modern portfolio theory 3641:Dividend discount model 3524:List of stock exchanges 3237:The Wall Street Journal 3088:Tashkent Stock Exchange 2994:"Bombay Stock Exchange" 2935:New York Stock Exchange 2843:www.bankofengland.co.uk 2809:SSRN Electronic Journal 2080:List of stock exchanges 1893:Tashkent Stock Exchange 1882:Shanghai Stock Exchange 1878:Shenzhen Stock Exchange 1859:New York Stock Exchange 1839:initial public offering 1795:(US$ 1.2 million). 1764:the main market of the 1747:New York Stock Exchange 1713:Regulation of companies 1515:institutional investors 1420:initial public offering 1234:National Stock Exchange 1189:Shenzhen Stock Exchange 1161:, Netherlands, for the 1153:Registered building of 1139:Shanghai Stock Exchange 1109:New York Stock Exchange 936:New York Stock Exchange 897:Jonathan's Coffee House 846:Confusion of Confusions 798:societates publicanorum 572:New York Stock Exchange 5119:Jamaica Stock Exchange 4749:Dubai Financial Market 4729:Colombo Stock Exchange 4649:Bermuda Stock Exchange 4295:Toronto Stock Exchange 3773:Random walk hypothesis 2889:"2. Securities Domain" 2496:The New Indian Express 1776:Bombay Stock Exchange: 1762:London Stock Exchange: 1753:NASDAQ Stock Exchange: 1287: 1271: 1256: 1241: 1226: 1211: 1196: 1181: 1166: 1146: 1131: 1116: 972: 875:In England, the Dutch 872: 838: 653:To be able to trade a 583: 371:Alternative investment 5129:Sydney Stock Exchange 4983:Beirut Stock Exchange 4931:Taiwan Stock Exchange 4734:Cyprus Stock Exchange 4659:BME Spanish Exchanges 4629:Athens Stock Exchange 4472:BME Spanish Exchanges 4340:Taiwan Stock Exchange 4310:London Stock Exchange 4265:Bombay Stock Exchange 3911:Market capitalization 3720:Dollar cost averaging 2998:Bombay Stock Exchange 2392:, 2006, p. 286), and 2290:(Arm. I-XVIII). 1245. 1779:Bombay Stock Exchange 1766:London Stock Exchange 1277: 1262: 1247: 1232: 1219:Bombay Stock Exchange 1217: 1204:London Stock Exchange 1202: 1187: 1172: 1152: 1137: 1122: 1107: 970:Bombay Stock Exchange 963: 944:(buttonwood tree) in 941:Platanus occidentalis 901:London Stock Exchange 885:joint-stock companies 869:London Stock Exchange 867: 833: 628:financial instruments 580:market capitalization 569: 503:Investment management 416:Environmental finance 5114:Ghana Stock Exchange 5048:Nepal Stock Exchange 5023:Hanoi Stock Exchange 5013:Dhaka Stock Exchange 4821:Malta Stock Exchange 4791:Japan Exchange Group 4694:Bourse de Casablanca 4624:Amman Stock Exchange 4220:Tokyo Stock Exchange 3731:Fundamental analysis 3715:Contrarian investing 3678:Security market line 3583:Liquidity aggregator 3560:Direct market access 3471:Quantitative analyst 2817:10.2139/ssrn.3402254 2501:Press Trust of India 2006:Financial regulation 1991:Corporate governance 1986:Commodities exchange 1831:mutual organizations 1728:listing requirements 1722:Listing requirements 1559:corporate governance 1541:Corporate governance 1383:limited partnerships 1174:Tokyo Stock Exchange 1070:improve this article 1035:screen-based trading 968:) in 1875 acting as 956:19th century onwards 950:Buttonwood Agreement 887:began going public. 788:"Argentari". In the 784:, that derives from 5124:PFTS Stock Exchange 4714:Cboe Global Markets 4644:BATS Global Markets 3976:Reverse stock split 3921:Market manipulation 3845:Dual-listed company 3705:Algorithmic trading 3635:Capital market line 3437:Inter-dealer broker 2553:on 30 October 2021. 2465:Library of Congress 2380:Edward P. Stringham 2042:Stock market bubble 1916:Cboe Global Markets 1897:joint-stock company 1891:Another example is 1563:accounting scandals 1519:middle-class family 1387:cash on cash return 921:Mississippi Company 744:(Austrian) emperor 592:securities exchange 528:Sustainable finance 42:Part of a series on 5068:Ukrainian Exchange 5053:Palestine Exchange 4906:SIX Swiss Exchange 4901:Singapore Exchange 4532:Singapore Exchange 4427:SIX Swiss Exchange 4016:Stock market index 3855:Efficient frontier 3794:Technical analysis 3752:Momentum investing 3574:(private exchange) 3464:Proprietary trader 3406:Shares outstanding 3396:Authorised capital 3028:english.sse.com.cn 2916:. 5 February 2021. 2659:10.2139/ssrn.46909 2571:on 22 January 2014 2503:. 6 October 2017. 2414:De la Vega, Joseph 2362:, pp. 324-344, in 2057:Standard deviation 2037:Stock market crash 1688:stock market crash 1537:for shareholders. 1405:Corporate partners 1288: 1272: 1257: 1242: 1227: 1212: 1197: 1182: 1167: 1147: 1132: 1117: 973: 873: 839: 584: 518:Speculative attack 283:Structured product 5137: 5136: 4754:Egyptian Exchange 4699:BSE India Limited 4571: 4570: 4064: 4063: 3865:Flight-to-quality 3617:Buffett indicator 3307:Financial markets 3072:on 23 April 2012. 2874:978-1-85475-265-9 2792:. September 2017. 2593:. 19 October 2023 2441:on 22 August 2018 1958:futures exchanges 1949:commodity markets 1944:futures contracts 1936:forward contracts 1455:, increase their 1439:levels of firms. 1322:Capital intensive 1302:, in the form of 1102: 1101: 1094: 996:Indian Government 917:South Sea Company 913:financial bubbles 842:Joseph de la Vega 774:Ulrike Malmendier 766:Joseph de la Vega 610:can buy and sell 564: 563: 391:Banks and banking 381:Asset (economics) 207:Credit derivative 175:Stock certificate 48:Financial markets 16:(Redirected from 5162: 4654:BM&F Bovespa 4598: 4591: 4584: 4575: 4564: 4560: 4559: 4549: 4545: 4544: 4534: 4530: 4529: 4519: 4515: 4514: 4504: 4500: 4499: 4489: 4485: 4484: 4474: 4470: 4469: 4459: 4455: 4454: 4444: 4440: 4439: 4429: 4425: 4424: 4414: 4410: 4409: 4403: 4402: 4396: 4395: 4389: 4388: 4382: 4381: 4375: 4374: 4368: 4367: 4357: 4353: 4352: 4342: 4338: 4337: 4327: 4323: 4322: 4312: 4308: 4307: 4297: 4293: 4292: 4282: 4278: 4277: 4267: 4263: 4262: 4252: 4248: 4247: 4237: 4233: 4232: 4222: 4218: 4217: 4207: 4203: 4202: 4196: 4195: 4189: 4188: 4182: 4181: 4175: 4174: 4168: 4167: 4161: 4160: 4150: 4146: 4145: 4135: 4131: 4130: 4120: 4116: 4115: 4091: 4084: 4077: 4068: 3981:Share repurchase 3693:Trading theories 3578:Crossing network 3536:Over-the-counter 3373:Restricted stock 3329:Secondary market 3300: 3293: 3286: 3277: 3254: 3253: 3251: 3249: 3233: 3225: 3219: 3218: 3216: 3214: 3195: 3193: 3191: 3172: 3170: 3168: 3156:Business Insider 3146: 3140: 3139: 3137: 3135: 3113: 3104: 3103: 3101: 3099: 3080: 3074: 3073: 3068:. Archived from 3062: 3056: 3055: 3053: 3045: 3039: 3038: 3036: 3034: 3020: 3014: 3013: 3011: 3009: 2990: 2984: 2983: 2981: 2979: 2960: 2954: 2953: 2951: 2949: 2943: 2932: 2924: 2918: 2917: 2910: 2904: 2903: 2901: 2899: 2885: 2879: 2878: 2860: 2854: 2853: 2851: 2849: 2835: 2829: 2828: 2800: 2794: 2793: 2782: 2773: 2772: 2770: 2761: 2755: 2754: 2752: 2743: 2737: 2736: 2720: 2714: 2713: 2712: 2710: 2689: 2683: 2682: 2680: 2678: 2638: 2632: 2631: 2609: 2603: 2602: 2600: 2598: 2587: 2581: 2580: 2578: 2576: 2561: 2555: 2554: 2549:. Archived from 2537: 2531: 2530: 2523: 2517: 2516: 2514: 2512: 2487: 2481: 2480: 2478: 2476: 2457: 2451: 2450: 2448: 2446: 2431: 2425: 2411: 2405: 2368:Peter J. Boettke 2356: 2350: 2349: 2331: 2325: 2324: 2322: 2320: 2298: 2292: 2291: 2283: 2277: 2276: 2274: 2272: 2257: 2251: 2250: 2248: 2246: 2219: 2213: 2208:Lemke and Lins, 2206: 2200: 2195:Lemke and Lins, 2193: 2187: 2186: 2184: 2182: 2162: 1976:Asset allocation 1868: 1867: 1794: 1792: 1787: 1785: 1684:financial crisis 1587:Sunbeam Products 1097: 1090: 1086: 1083: 1077: 1054: 1046: 877:King William III 712:over-the-counter 689:secondary market 636:listed companies 556: 549: 542: 498:Impact investing 493:Growth investing 226:Foreign exchange 212:Futures exchange 160:Registered share 58: 39: 21: 5170: 5169: 5165: 5164: 5163: 5161: 5160: 5159: 5150:Stock exchanges 5140: 5139: 5138: 5133: 5072: 4988:Bourse de Tunis 4971: 4950: 4921:Taipei Exchange 4826:Moscow Exchange 4607: 4602: 4572: 4567: 4554: 4552: 4547:Moscow Exchange 4539: 4537: 4524: 4522: 4509: 4507: 4494: 4492: 4479: 4477: 4464: 4462: 4449: 4447: 4434: 4432: 4419: 4417: 4404: 4397: 4390: 4383: 4376: 4369: 4362: 4360: 4347: 4345: 4332: 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2837: 2836: 2832: 2802: 2801: 2797: 2784: 2783: 2776: 2768: 2763: 2762: 2758: 2750: 2745: 2744: 2740: 2722: 2721: 2717: 2708: 2706: 2691: 2690: 2686: 2676: 2674: 2640: 2639: 2635: 2611: 2610: 2606: 2596: 2594: 2589: 2588: 2584: 2574: 2572: 2563: 2562: 2558: 2539: 2538: 2534: 2525: 2524: 2520: 2510: 2508: 2489: 2488: 2484: 2474: 2472: 2459: 2458: 2454: 2444: 2442: 2433: 2432: 2428: 2412: 2408: 2357: 2353: 2346: 2333: 2332: 2328: 2318: 2316: 2300: 2299: 2295: 2285: 2284: 2280: 2270: 2268: 2259: 2258: 2254: 2244: 2242: 2235: 2221: 2220: 2216: 2207: 2203: 2194: 2190: 2180: 2178: 2164: 2163: 2159: 2154: 2149: 2062:Risk management 1966: 1932: 1827: 1790: 1789: 1783: 1782: 1770:working capital 1736: 1724: 1715: 1702: 1671: 1655: 1646: 1637:stock investors 1615:Lehman Brothers 1543: 1511:stock investors 1507: 1494: 1481: 1445: 1416: 1407: 1399:venture capital 1395: 1393:Venture capital 1376: 1364: 1296: 1098: 1087: 1081: 1078: 1067: 1055: 1044: 985:Horniman Circle 958: 938:opened under a 909: 881:Bank of England 729: 701:stock valuation 576:Lower Manhattan 560: 401:Climate finance 330: 316: 244: 243: 223: 222: 217:Hybrid security 155:Preferred stock 125: 116:High-yield debt 111:Government bond 35: 28: 23: 22: 18:Stock exchanges 15: 12: 11: 5: 5168: 5166: 5158: 5157: 5152: 5142: 5141: 5135: 5134: 5132: 5131: 5126: 5121: 5116: 5111: 5106: 5101: 5096: 5091: 5086: 5080: 5078: 5077:Correspondents 5074: 5073: 5071: 5070: 5065: 5060: 5055: 5050: 5045: 5040: 5035: 5030: 5025: 5020: 5015: 5010: 5005: 5000: 4995: 4990: 4985: 4979: 4977: 4973: 4972: 4970: 4969: 4964: 4958: 4956: 4952: 4951: 4949: 4948: 4943: 4938: 4933: 4928: 4923: 4918: 4913: 4908: 4903: 4898: 4893: 4888: 4883: 4878: 4876:Qatar Exchange 4873: 4868: 4863: 4858: 4853: 4848: 4847: 4846: 4836: 4831: 4823: 4818: 4813: 4808: 4806:Korea Exchange 4803: 4798: 4793: 4788: 4787: 4786: 4776: 4771: 4766: 4761: 4756: 4751: 4746: 4744:Deutsche Börse 4741: 4736: 4731: 4726: 4721: 4716: 4711: 4709:Bursa Malaysia 4706: 4701: 4696: 4691: 4689:Borsa Istanbul 4686: 4681: 4676: 4671: 4666: 4661: 4656: 4651: 4646: 4641: 4639:Bahrain Bourse 4636: 4631: 4626: 4621: 4615: 4613: 4609: 4608: 4603: 4601: 4600: 4593: 4586: 4578: 4569: 4568: 4566: 4565: 4550: 4535: 4520: 4505: 4490: 4475: 4460: 4445: 4442:Korea Exchange 4430: 4415: 4358: 4355:Deutsche Börse 4343: 4328: 4325:Saudi Exchange 4313: 4298: 4283: 4268: 4253: 4238: 4223: 4208: 4151: 4136: 4121: 4105: 4102: 4101: 4096: 4094: 4093: 4086: 4079: 4071: 4062: 4061: 4059: 4058: 4053: 4048: 4043: 4038: 4033: 4028: 4023: 4018: 4013: 4011:Stock exchange 4008: 4006:Stock dilution 4003: 3998: 3993: 3988: 3983: 3978: 3973: 3968: 3963: 3958: 3953: 3948: 3943: 3938: 3933: 3931:Mean reversion 3928: 3923: 3918: 3913: 3908: 3906:Market anomaly 3903: 3898: 3893: 3888: 3882: 3877: 3872: 3867: 3862: 3857: 3852: 3847: 3842: 3837: 3832: 3827: 3825:Bid–ask spread 3821: 3819: 3815: 3814: 3812: 3811: 3806: 3801: 3796: 3791: 3786: 3781: 3776: 3770: 3764: 3759: 3754: 3749: 3743: 3738: 3733: 3728: 3722: 3717: 3712: 3707: 3701: 3699: 3690: 3689: 3687: 3686: 3681: 3675: 3670: 3664: 3659: 3654: 3652:Earnings yield 3649: 3647:Dividend yield 3644: 3638: 3632: 3626: 3620: 3614: 3609: 3603: 3597: 3595: 3589: 3588: 3586: 3585: 3580: 3575: 3569: 3563: 3557: 3551: 3545: 3539: 3538:(off-exchange) 3533: 3532: 3531: 3526: 3515: 3513: 3512:Trading venues 3509: 3508: 3506: 3505: 3500: 3499: 3498: 3488: 3483: 3478: 3473: 3468: 3467: 3466: 3461: 3451: 3446: 3441: 3440: 3439: 3434: 3423: 3421: 3417: 3416: 3414: 3413: 3411:Treasury stock 3408: 3403: 3398: 3392: 3390: 3384: 3383: 3381: 3380: 3378:Tracking stock 3375: 3370: 3365: 3360: 3354: 3352: 3345: 3344: 3342: 3341: 3336: 3331: 3326: 3324:Primary market 3320: 3318: 3311: 3310: 3305: 3303: 3302: 3295: 3288: 3280: 3274: 3273: 3267:Stock exchange 3262: 3261:External links 3259: 3256: 3255: 3220: 3141: 3105: 3075: 3057: 3040: 3015: 2985: 2955: 2919: 2905: 2880: 2873: 2855: 2830: 2795: 2774: 2756: 2738: 2715: 2704:10.3386/w12138 2684: 2633: 2622:(4): 759–776. 2604: 2582: 2556: 2532: 2518: 2482: 2452: 2426: 2406: 2376:978-0199811762 2351: 2344: 2326: 2293: 2278: 2252: 2233: 2214: 2201: 2188: 2156: 2155: 2153: 2150: 2148: 2147: 2142: 2137: 2132: 2127: 2122: 2117: 2112: 2107: 2102: 2097: 2092: 2087: 2082: 2070: 2069: 2064: 2059: 2054: 2049: 2044: 2039: 2034: 2029: 2024: 2019: 2013: 2008: 2003: 1998: 1993: 1988: 1983: 1981:Capital market 1978: 1973: 1967: 1965: 1962: 1931: 1928: 1918:, except one, 1901:Korea Exchange 1855:Bursa Malaysia 1826: 1823: 1822: 1821: 1811: 1796: 1773: 1759: 1750: 1735: 1732: 1723: 1720: 1714: 1711: 1701: 1696: 1670: 1667: 1654: 1651: 1645: 1642: 1619:General Motors 1567:dot-com bubble 1542: 1539: 1535:capital losses 1513:, as large as 1506: 1505:Profit sharing 1503: 1499:redistribution 1493: 1490: 1480: 1477: 1444: 1441: 1415: 1412: 1406: 1403: 1394: 1391: 1375: 1372: 1363: 1360: 1300:banking system 1295: 1292: 1163:European Union 1100: 1099: 1058: 1056: 1049: 1043: 1040: 957: 954: 908: 905: 893:Exchange Alley 790:Roman Republic 728: 725: 685:primary market 588:stock exchange 562: 561: 559: 558: 551: 544: 536: 533: 532: 531: 530: 525: 520: 515: 510: 505: 500: 495: 490: 485: 480: 479: 478: 473: 468: 463: 458: 453: 448: 443: 438: 433: 423: 418: 413: 408: 403: 398: 393: 388: 383: 378: 376:Angel investor 373: 365: 364: 360: 359: 358: 357: 352: 347: 339: 338: 332: 331: 329: 328: 323: 317: 315: 314: 309: 303: 300: 299: 293: 292: 291: 290: 288:Swap (finance) 285: 280: 275: 270: 265: 260: 255: 250: 242: 241: 235: 228: 224: 221: 220: 214: 209: 202: 198: 195: 194: 190: 189: 188: 187: 182: 180:Stock exchange 177: 172: 167: 162: 157: 152: 147: 139: 138: 132: 131: 130: 129: 127:Securitization 123: 121:Municipal bond 118: 113: 108: 103: 101:Corporate bond 98: 96:Bond valuation 90: 89: 83: 82: 81: 80: 68: 60: 59: 51: 50: 44: 43: 32:Stack Exchange 26: 24: 14: 13: 10: 9: 6: 4: 3: 2: 5167: 5156: 5153: 5151: 5148: 5147: 5145: 5130: 5127: 5125: 5122: 5120: 5117: 5115: 5112: 5110: 5107: 5105: 5102: 5100: 5099:Boursa Kuwait 5097: 5095: 5092: 5090: 5087: 5085: 5082: 5081: 5079: 5075: 5069: 5066: 5064: 5061: 5059: 5056: 5054: 5051: 5049: 5046: 5044: 5041: 5039: 5036: 5034: 5031: 5029: 5026: 5024: 5021: 5019: 5016: 5014: 5011: 5009: 5006: 5004: 5001: 4999: 4996: 4994: 4991: 4989: 4986: 4984: 4981: 4980: 4978: 4974: 4968: 4965: 4963: 4960: 4959: 4957: 4953: 4947: 4944: 4942: 4939: 4937: 4934: 4932: 4929: 4927: 4924: 4922: 4919: 4917: 4914: 4912: 4909: 4907: 4904: 4902: 4899: 4897: 4894: 4892: 4889: 4887: 4884: 4882: 4879: 4877: 4874: 4872: 4869: 4867: 4864: 4862: 4859: 4857: 4854: 4852: 4849: 4845: 4842: 4841: 4840: 4837: 4835: 4832: 4830: 4827: 4824: 4822: 4819: 4817: 4814: 4812: 4809: 4807: 4804: 4802: 4799: 4797: 4794: 4792: 4789: 4785: 4782: 4781: 4780: 4777: 4775: 4772: 4770: 4767: 4765: 4762: 4760: 4757: 4755: 4752: 4750: 4747: 4745: 4742: 4740: 4737: 4735: 4732: 4730: 4727: 4725: 4722: 4720: 4717: 4715: 4712: 4710: 4707: 4705: 4702: 4700: 4697: 4695: 4692: 4690: 4687: 4685: 4682: 4680: 4677: 4675: 4672: 4670: 4667: 4665: 4662: 4660: 4657: 4655: 4652: 4650: 4647: 4645: 4642: 4640: 4637: 4635: 4632: 4630: 4627: 4625: 4622: 4620: 4617: 4616: 4614: 4610: 4606: 4599: 4594: 4592: 4587: 4585: 4580: 4579: 4576: 4563: 4558: 4551: 4548: 4543: 4536: 4533: 4528: 4521: 4518: 4513: 4506: 4503: 4498: 4491: 4488: 4483: 4476: 4473: 4468: 4461: 4458: 4453: 4446: 4443: 4438: 4431: 4428: 4423: 4416: 4413: 4412:Nasdaq Nordic 4408: 4401: 4394: 4387: 4380: 4373: 4366: 4359: 4356: 4351: 4344: 4341: 4336: 4329: 4326: 4321: 4314: 4311: 4306: 4299: 4296: 4291: 4284: 4281: 4276: 4269: 4266: 4261: 4254: 4251: 4246: 4239: 4236: 4231: 4224: 4221: 4216: 4209: 4206: 4201: 4194: 4187: 4180: 4173: 4166: 4159: 4152: 4149: 4144: 4137: 4134: 4129: 4122: 4119: 4114: 4107: 4106: 4103: 4099: 4092: 4087: 4085: 4080: 4078: 4073: 4072: 4069: 4057: 4054: 4052: 4049: 4047: 4044: 4042: 4039: 4037: 4034: 4032: 4029: 4027: 4024: 4022: 4019: 4017: 4014: 4012: 4009: 4007: 4004: 4002: 3999: 3997: 3994: 3992: 3989: 3987: 3986:Short selling 3984: 3982: 3979: 3977: 3974: 3972: 3969: 3967: 3964: 3962: 3959: 3957: 3954: 3952: 3949: 3947: 3944: 3942: 3939: 3937: 3934: 3932: 3929: 3927: 3924: 3922: 3919: 3917: 3914: 3912: 3909: 3907: 3904: 3902: 3899: 3897: 3894: 3892: 3889: 3886: 3883: 3881: 3878: 3876: 3875:Greenspan put 3873: 3871: 3868: 3866: 3863: 3861: 3860:Financial law 3858: 3856: 3853: 3851: 3848: 3846: 3843: 3841: 3838: 3836: 3835:Cross listing 3833: 3831: 3828: 3826: 3823: 3822: 3820: 3818:Related terms 3816: 3810: 3807: 3805: 3802: 3800: 3797: 3795: 3792: 3790: 3789:Swing trading 3787: 3785: 3782: 3780: 3777: 3774: 3771: 3768: 3765: 3763: 3760: 3758: 3757:Mosaic theory 3755: 3753: 3750: 3747: 3744: 3742: 3741:Market timing 3739: 3737: 3734: 3732: 3729: 3726: 3723: 3721: 3718: 3716: 3713: 3711: 3708: 3706: 3703: 3702: 3700: 3698: 3691: 3685: 3682: 3679: 3676: 3674: 3671: 3668: 3665: 3663: 3660: 3658: 3655: 3653: 3650: 3648: 3645: 3642: 3639: 3636: 3633: 3630: 3627: 3624: 3621: 3618: 3615: 3613: 3610: 3607: 3604: 3602: 3599: 3598: 3596: 3594: 3590: 3584: 3581: 3579: 3576: 3573: 3570: 3567: 3564: 3561: 3558: 3555: 3552: 3549: 3546: 3543: 3540: 3537: 3534: 3530: 3529:Trading hours 3527: 3525: 3522: 3521: 3520: 3517: 3516: 3514: 3510: 3504: 3501: 3497: 3494: 3493: 3492: 3489: 3487: 3484: 3482: 3479: 3477: 3474: 3472: 3469: 3465: 3462: 3460: 3457: 3456: 3455: 3452: 3450: 3447: 3445: 3444:Broker-dealer 3442: 3438: 3435: 3433: 3430: 3429: 3428: 3425: 3424: 3422: 3418: 3412: 3409: 3407: 3404: 3402: 3401:Issued shares 3399: 3397: 3394: 3393: 3391: 3389: 3388:Share capital 3385: 3379: 3376: 3374: 3371: 3369: 3366: 3364: 3361: 3359: 3356: 3355: 3353: 3351: 3346: 3340: 3339:Fourth market 3337: 3335: 3332: 3330: 3327: 3325: 3322: 3321: 3319: 3317: 3312: 3308: 3301: 3296: 3294: 3289: 3287: 3282: 3281: 3278: 3272: 3268: 3265: 3264: 3260: 3243: 3239: 3238: 3232: 3224: 3221: 3209:on 7 May 2019 3208: 3204: 3200: 3186:on 7 May 2019 3185: 3181: 3177: 3162: 3158: 3157: 3152: 3145: 3142: 3129: 3125: 3124: 3119: 3112: 3110: 3106: 3093: 3089: 3085: 3079: 3076: 3071: 3067: 3066:"ASX History" 3061: 3058: 3050: 3044: 3041: 3029: 3025: 3019: 3016: 3003: 2999: 2995: 2989: 2986: 2973: 2969: 2965: 2959: 2956: 2940: 2936: 2929: 2923: 2920: 2915: 2909: 2906: 2894: 2890: 2884: 2881: 2876: 2870: 2866: 2859: 2856: 2844: 2840: 2834: 2831: 2826: 2822: 2818: 2814: 2810: 2806: 2799: 2796: 2791: 2787: 2781: 2779: 2775: 2767: 2760: 2757: 2749: 2742: 2739: 2735:(2): 813–841. 2734: 2730: 2726: 2719: 2716: 2705: 2701: 2697: 2696: 2688: 2685: 2672: 2668: 2664: 2660: 2656: 2652: 2648: 2644: 2637: 2634: 2629: 2625: 2621: 2617: 2616: 2608: 2605: 2592: 2586: 2583: 2570: 2566: 2560: 2557: 2552: 2548: 2547: 2542: 2536: 2533: 2528: 2522: 2519: 2506: 2502: 2498: 2497: 2492: 2486: 2483: 2470: 2466: 2462: 2456: 2453: 2440: 2436: 2430: 2427: 2423: 2419: 2415: 2410: 2407: 2403: 2399: 2395: 2391: 2387: 2386: 2381: 2377: 2373: 2369: 2365: 2361: 2355: 2352: 2347: 2341: 2337: 2330: 2327: 2314: 2310: 2309: 2304: 2297: 2294: 2289: 2282: 2279: 2266: 2262: 2256: 2253: 2240: 2236: 2234:9781421431444 2230: 2226: 2225: 2218: 2215: 2211: 2205: 2202: 2198: 2192: 2189: 2176: 2172: 2168: 2161: 2158: 2151: 2146: 2143: 2141: 2138: 2136: 2133: 2131: 2128: 2126: 2123: 2121: 2118: 2116: 2113: 2111: 2108: 2106: 2103: 2101: 2098: 2096: 2093: 2091: 2088: 2086: 2083: 2081: 2078: 2077: 2076: 2074: 2068: 2065: 2063: 2060: 2058: 2055: 2053: 2050: 2048: 2045: 2043: 2040: 2038: 2035: 2033: 2030: 2028: 2025: 2023: 2020: 2017: 2014: 2012: 2009: 2007: 2004: 2002: 1999: 1997: 1994: 1992: 1989: 1987: 1984: 1982: 1979: 1977: 1974: 1972: 1969: 1968: 1963: 1961: 1959: 1955: 1951: 1950: 1945: 1941: 1937: 1929: 1927: 1925: 1921: 1917: 1913: 1909: 1904: 1902: 1898: 1894: 1889: 1887: 1883: 1879: 1874: 1872: 1866: 1860: 1856: 1852: 1848: 1844: 1840: 1836: 1832: 1824: 1818: 1815: 1812: 1809: 1804: 1800: 1797: 1780: 1777: 1774: 1771: 1767: 1763: 1760: 1757: 1754: 1751: 1748: 1744: 1741: 1740: 1739: 1733: 1731: 1729: 1721: 1719: 1712: 1710: 1707: 1700: 1697: 1695: 1693: 1692:stock indexes 1689: 1685: 1681: 1677: 1668: 1666: 1664: 1660: 1652: 1650: 1643: 1641: 1638: 1633: 1631: 1626: 1624: 1620: 1616: 1612: 1608: 1604: 1600: 1596: 1592: 1588: 1584: 1580: 1576: 1572: 1568: 1564: 1560: 1555: 1553: 1548: 1540: 1538: 1536: 1532: 1531:capital gains 1528: 1524: 1520: 1516: 1512: 1504: 1502: 1500: 1491: 1489: 1487: 1478: 1476: 1474: 1470: 1466: 1462: 1458: 1454: 1450: 1449:product lines 1442: 1440: 1438: 1433: 1429: 1425: 1421: 1413: 1411: 1404: 1402: 1400: 1392: 1390: 1388: 1384: 1381: 1373: 1371: 1369: 1361: 1359: 1357: 1353: 1349: 1345: 1341: 1340:stock indexes 1336: 1332: 1327: 1323: 1319: 1317: 1313: 1309: 1305: 1301: 1293: 1291: 1285: 1281: 1276: 1269: 1265: 1261: 1254: 1250: 1246: 1239: 1235: 1231: 1224: 1220: 1216: 1209: 1205: 1201: 1194: 1190: 1186: 1179: 1175: 1171: 1164: 1160: 1156: 1151: 1144: 1140: 1136: 1129: 1128:New York City 1125: 1121: 1114: 1113:New York City 1110: 1106: 1096: 1093: 1085: 1075: 1071: 1065: 1064: 1059:This section 1057: 1053: 1048: 1047: 1041: 1039: 1036: 1032: 1027: 1024: 1019: 1017: 1013: 1009: 1005: 1001: 997: 992: 990: 986: 982: 977: 971: 967: 962: 955: 953: 951: 947: 946:New York City 943: 942: 937: 933: 928: 926: 922: 918: 914: 906: 904: 902: 898: 894: 888: 886: 882: 878: 870: 866: 862: 859: 855: 854:stock trading 851: 847: 843: 837: 832: 828: 826: 822: 818: 813: 811: 807: 803: 799: 795: 791: 787: 783: 779: 775: 771: 767: 763: 759: 755: 751: 747: 743: 739: 735: 726: 724: 721: 717: 713: 709: 704: 702: 698: 694: 690: 686: 682: 678: 676: 672: 668: 664: 660: 656: 651: 649: 645: 641: 637: 633: 629: 625: 621: 617: 613: 609: 605: 601: 597: 593: 589: 581: 577: 573: 568: 557: 552: 550: 545: 543: 538: 537: 535: 534: 529: 526: 524: 521: 519: 516: 514: 511: 509: 506: 504: 501: 499: 496: 494: 491: 489: 486: 484: 481: 477: 474: 472: 469: 467: 464: 462: 459: 457: 454: 452: 449: 447: 444: 442: 439: 437: 434: 432: 429: 428: 427: 424: 422: 419: 417: 414: 412: 411:Eco-investing 409: 407: 404: 402: 399: 397: 394: 392: 389: 387: 386:Asset pricing 384: 382: 379: 377: 374: 372: 369: 368: 367: 366: 363:Related areas 361: 356: 353: 351: 348: 346: 343: 342: 341: 340: 337: 333: 327: 324: 322: 319: 318: 313: 310: 308: 305: 304: 302: 301: 298: 294: 289: 286: 284: 281: 279: 276: 274: 271: 269: 266: 264: 261: 259: 256: 254: 251: 249: 246: 245: 239: 238:Exchange rate 236: 234: 230: 229: 227: 218: 215: 213: 210: 208: 204: 203: 201: 197: 196: 193:Other markets 191: 186: 185:Watered stock 183: 181: 178: 176: 173: 171: 168: 166: 163: 161: 158: 156: 153: 151: 148: 146: 143: 142: 141: 140: 137: 133: 128: 124: 122: 119: 117: 114: 112: 109: 107: 104: 102: 99: 97: 94: 93: 92: 91: 88: 84: 79: 76: 72: 69: 67: 66:Public market 64: 63: 62: 61: 57: 53: 52: 49: 45: 41: 40: 37: 33: 19: 5155:Stock market 4828: 4036:Tender offer 4010: 3956:Public float 3926:Market trend 3916:Market depth 3736:Growth stock 3710:Buy and hold 3619:(Cap-to-GDP) 3459:Floor trader 3449:Market maker 3432:Floor broker 3420:Participants 3363:Golden share 3358:Common stock 3334:Third market 3246:. Retrieved 3235: 3223: 3211:. Retrieved 3207:the original 3188:. Retrieved 3184:the original 3165:. Retrieved 3154: 3144: 3132:. Retrieved 3121: 3096:. Retrieved 3078: 3070:the original 3060: 3043: 3031:. Retrieved 3027: 3018: 3006:. Retrieved 2988: 2976:. Retrieved 2958: 2946:. Retrieved 2922: 2908: 2896:. Retrieved 2892: 2883: 2864: 2858: 2846:. Retrieved 2842: 2833: 2808: 2798: 2789: 2759: 2741: 2732: 2728: 2718: 2707:, retrieved 2694: 2687: 2675:. Retrieved 2650: 2646: 2636: 2619: 2613: 2607: 2597:13 September 2595:. Retrieved 2585: 2573:. Retrieved 2569:the original 2559: 2551:the original 2544: 2535: 2521: 2509:. Retrieved 2494: 2485: 2473:. Retrieved 2467:. May 2004. 2455: 2443:. Retrieved 2439:the original 2429: 2421: 2417: 2409: 2383: 2366:, edited by 2363: 2359: 2354: 2335: 2329: 2317:. Retrieved 2308:Investopedia 2306: 2296: 2287: 2281: 2269:. Retrieved 2255: 2243:. Retrieved 2223: 2217: 2209: 2204: 2196: 2191: 2179:. 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Index

Stock exchanges
Stack Exchange
Financial markets
Looking up at a computerized stocks-value board at the Philippine Stock Exchange
Public market
Exchange
Securities
Bond market
Bond valuation
Corporate bond
Fixed income
Government bond
High-yield debt
Municipal bond
Securitization
Stock market
Common stock
Growth stock
Preferred stock
Registered share
Stock
Stockbroker
Stock certificate
Stock exchange
Watered stock
Derivatives
Credit derivative
Futures exchange
Hybrid security
Foreign exchange

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