Things You Didn't Know About the Stock Market
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 portions of their business to the public is not something new. The financial market has always been a platform for buyers and sellers, where both parties share a mutually profitable relationship. The stock market is like the financial spine of a country- a place where shares of numerous companies are bought and sold. In the United States there are three share markets that play a crucial role in shaping the economy- 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.
While we think of Wall Street as the financial hub of the US, history has a different story to tell. Boston was once the countrys financial center. Boston traders played an active part in buying and selling various kinds of commodities as well as dealing in bonds for contracts such as bridges and canals. Even though it is difficult to imagine the financial hub of America as something other than Wall Street, history clearly states the importance of the Boston dealers in creating an active financial market, very much similar to the one found in Wall Street today.
Other countries similarly transacted out their financial activities through their own financial centers. For example, the City of Paris economic activities were carried out on Rue de Quincampoix.
London's stock market is an interesting tale in the history of finance. The stock exchange in London was originally an open market based on Exchange Alley. Jonathans Coffee House was the popular place where many London dealers conducted their financial activities. The Coffee House was later renamed The Stock Exchange.
Over the years, Wall Street gradually picked up business with varied kinds of traders offering countless shares to the public. As time went by, many new banks also began to operate in the market offering attractive deals such as treasury bonds. - 23210
Companies selling portions of their business to the public is not something new. The financial market has always been a platform for buyers and sellers, where both parties share a mutually profitable relationship. The stock market is like the financial spine of a country- a place where shares of numerous companies are bought and sold. In the United States there are three share markets that play a crucial role in shaping the economy- 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.
While we think of Wall Street as the financial hub of the US, history has a different story to tell. Boston was once the countrys financial center. Boston traders played an active part in buying and selling various kinds of commodities as well as dealing in bonds for contracts such as bridges and canals. Even though it is difficult to imagine the financial hub of America as something other than Wall Street, history clearly states the importance of the Boston dealers in creating an active financial market, very much similar to the one found in Wall Street today.
Other countries similarly transacted out their financial activities through their own financial centers. For example, the City of Paris economic activities were carried out on Rue de Quincampoix.
London's stock market is an interesting tale in the history of finance. The stock exchange in London was originally an open market based on Exchange Alley. Jonathans Coffee House was the popular place where many London dealers conducted their financial activities. The Coffee House was later renamed The Stock Exchange.
Over the years, Wall Street gradually picked up business with varied kinds of traders offering countless shares to the public. As time went by, many new banks also began to operate in the market offering attractive deals such as treasury bonds. - 23210
About the Author:
C.L. Sommer is a frequent contributor to WallStreetSWAT.com, the top 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 @ 9:47 AM
0 Comments
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home