All you want to know but never asked about the stocks and options markets.

sábado, 13 de febrero de 2016

New York Stock Exchange (NYSE)

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The New York Stock Exchange (NYSE) is the largest stock market in the world in terms of money supply and also the first in terms of affiliated companies. Its volume in shares was exceeded by the volume of NASDAQ during the 90s, but the capital of companies listed on the NYSE is five times higher than in the NASDAQ. The NYSE has an annual transaction volume of 21 billion dollars, including 7.1 billion of non-US companies.

NYSE was created in 1817, when a group of stockbrokers was organized forming a committee called the "New York Stock and Exchange Board" (NYS & EB) in order to be able to control the flow of stocks which, in those days, was freely negotiated and foremost across the street of Wall Street.

In 1918, after World War I, it becomes the main broker in the world, overtaking the London Stock Exchange.

On thursday October 24, 1929, thereafter called Black Thursday, there was one of the biggest falls in this stock market, which would produce the biggest economic recession in the United States in the twentieth century, the "Great Depression".



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