Stockandsharemarket.info

Stock Exchange

Bombay Stock Exchange Limited offers trading in cash and derivatives, and corporate and government securities, and is the oldest stock exchange in Asia. The company was formerly known as The Native Share & Stock Brokers Association. Around 4,800 Indian companies list on the stock exchange and it has a significant trading volume. Bombay Stock Exchange Limited was founded in 1875 and is based in Mumbai, India.

A stock exchange, share market or bourse is a corporation or mutual organization which provides facilities for stock brokers and traders, to trade company stocks and other securities. Stock exchanges also provide facilities for the issue and redemption of securities, as well as, other financial instruments and capital events including the payment of income and dividends.

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.

MUMBAI Stock Exchange:

History of Stock Exchanges

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.

New York Stock Exchange Market

The NYSE can trace its roots to 1792, however it did not become known as the New York Stock Exchange until 1817 when the organization drafted a constitution. In early times is composed of 5 rooms which were used for trading but today the trading center has expanded to much bigger. It is located in 18 Broad Street, New York City.

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.