Tuesday, October 29, 2013

History Of Stock Market

History of Stock Market In the beginning, there was no real armory market. However stock exchanges did deliberate plaza in smaller groups and corporations. This all took place during the 1700’s where stocks were already around for a long time before that just it wasn’t really popular in the joined States. Stocks in the beginning started as auction sales where traders called out name of companies and the shares available. There was a auction that took place and the shares went to the highest bidders.
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After the American Revolution which took place between 1775 to 1783 the number of securities increased dramatically. The deriv e of shares being bought grew so wide that brokers had to organize in commit to handle the growing volume. In 1800 the Philadelphia Board of Brokers set up rules and central offices where trading could take place. They created the Philadelphia Stock Exchange which is the oldest stock exchange in the United States. In 1817, New York brokers created the ...If you motivation to get a beat essay, order it on our website: OrderEssay.net

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