Stock Market Chronicles
The stock market is a place where businesses and individuals trade in shares and benefit from the returns. As an investor, an individual enjoys some amount of power over the company. This investor offers valuable financial support to the company and in return benefits from valuable returns. The number of shareholders owning a company could range from a few hundreds to thousands- depending on the size and requirement of the corporation. As a business grows, it requires adequate funds to realize its financial goals. When a company is in a state of substantial growth, it offers shares to the public to gain a stronghold in the market. Selling shares to the public has been a practice with many businesses since early times.
Companies selling shares of their business to the public is not something new. The financial market has always been a vehicle for buyers and sellers, where both parties share a mutually profitable relationship. The stock exchange is like the financial spine of a country- a place where shares of numerous companies are bought and sold. In the US there are three stock exchange markets that play an important role in shaping the economy- the Nasdaq, the New York Stock Exchange and the American Stock Exchange.
Wall Street is an important financial center in the United States. During the 17th century, even before New York City was what it is today, there was a high wall built as a defense against British attackers. Eventually the wall came down but the name of the street remained as Wall Street.
Even though we view Wall Street as the financial center of the United States, history has a different story to tell. You may not know that Boston was originally the countrys financial hub. Boston dealers played an active role in buying and selling various kinds of commodities as well as trading bonds for contracts such as bridges and canals. It is difficult to think of the financial hub of America as something other than Wall Street. However history clearly points to the importance of the Boston dealers in creating an active financial market, similar to the one found in Wall Street today.
Other countries similarly conducted their financial dealings through their own financial marketplaces. For example, the city of Paris carried out its economic pursuits on Rue de Quincampoix.
The story of the London financial market is another interesting tale in the history of commerce and finance. The London stock exchange was initially an open market situated on Exchange Alley. Jonathans Coffee House was the financial center where many London traders carried out their financial endeavors. Later the Coffee House was renamed The Stock Exchange.
Wall Street gradually picked up business through the years with varied kinds of dealers offering countless shares to the public. With time many new banks also began to operate in the market offering attractive deals such as treasury bonds. - 23208
Companies selling shares of their business to the public is not something new. The financial market has always been a vehicle for buyers and sellers, where both parties share a mutually profitable relationship. The stock exchange is like the financial spine of a country- a place where shares of numerous companies are bought and sold. In the US there are three stock exchange markets that play an important role in shaping the economy- the Nasdaq, the New York Stock Exchange and the American Stock Exchange.
Wall Street is an important financial center in the United States. During the 17th century, even before New York City was what it is today, there was a high wall built as a defense against British attackers. Eventually the wall came down but the name of the street remained as Wall Street.
Even though we view Wall Street as the financial center of the United States, history has a different story to tell. You may not know that Boston was originally the countrys financial hub. Boston dealers played an active role in buying and selling various kinds of commodities as well as trading bonds for contracts such as bridges and canals. It is difficult to think of the financial hub of America as something other than Wall Street. However history clearly points to the importance of the Boston dealers in creating an active financial market, similar to the one found in Wall Street today.
Other countries similarly conducted their financial dealings through their own financial marketplaces. For example, the city of Paris carried out its economic pursuits on Rue de Quincampoix.
The story of the London financial market is another interesting tale in the history of commerce and finance. The London stock exchange was initially an open market situated on Exchange Alley. Jonathans Coffee House was the financial center where many London traders carried out their financial endeavors. Later the Coffee House was renamed The Stock Exchange.
Wall Street gradually picked up business through the years with varied kinds of dealers offering countless shares to the public. With time many new banks also began to operate in the market offering attractive deals such as treasury bonds. - 23208
About the Author:
C.L. Sommer is a frequent contributor to WallStreetSWAT.com, the premier source for financial news, real time stock quotes, economic data and more - providing the Special Weapons and Tactics shareholders need to navigate the complicated financial markets.
posted by X - Men @ 12:25 AM
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