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| Location: | Myanmar (Burma) |
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Reviewing Stock Exchanges Most of this book covers stock trading, so we obviously concentrate on how the key exchanges — NYSE, NASDAQ, and Amex — operate and how these operations impact your trading activity. New York Stock Exchange (NYSE) The U.S. stock market actually dates back to May 17, 1792, when 24 brokers signed an agreement under a buttonwood tree at what today is 58 Wall Street. The 24 brokers specifically agreed to sell shares of companies among themselves, |
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charging a commission or fee to buy and sell shares for others who wanted to invest in a company. Yup, the first American stockbrokers were born tha |
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A formalized exchange didn’t come into existence until March 8, 1817, when the brokers adopted a formal constitution and named their new entity the |
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New York Stock & Exchange Board. Brokers actually operated outdoors until 1860, when the operations finally were moved inside. The first stock ticker |
| Favorite Team: | was introduced in 1867, but it wasn’t until 1869 that the NYSE started requiring the registration of securities for companies that wanted to have thei |
