Market place for trading any kind
of financial stock is called stock exchange. Almost in all countries of the
world there are there are at least one or more than one places where the members
of organizations registered with their stock exchange can trade any kind of
financial securities. With start of industrialization in world large companies
started issuing their shares and equities for the public so that the companies
can collect a huge amount of funds for their financial needs and smooth
operations. When public purchased their shares they also started the trade of
these shares with other peoples. In this a need of place was felt where the
securities of these companies can be traded under the lawful act. In this way
the birth of stock exchange occur in the word. This business rapidly spread in
the world and in very short time every country of the world established their
own stock exchange to facilitate their public so that they can trade the
equities lawfully.
Moreover with the passage of time
it was observed that the growth of any company which offers her share in stock
exchange for trade can be predicted through the sale and purchase trend of
their share. Due to industrial revolution in the world companies become the
most important assets for any country because the development of industry also
cause of development of that country that is why every
country of the world make it sure to manage good facilities and formulate laws
for securities exchanges.Moreover some good affiliated companies also developed
to facilitate the investors in stock exchanges like trade rush. They claim Trade
with [trade rush] for quick takings and easy withdrawals. No expenses, no
spreads or hidden price are the features of these affiliated companies.In
the following paragraphs the establishments of some big stock exchanges are
given:
Toronto Stock Exchange:
This is Canadian National stock
exchange. It is among the big stock exchanges in the world. This stock exchange
was established in 1861 while TSE was
incorporated by the Assembly in 1878.
In 1999 a female president
Barbara G. Stymiest takes the change of this stock exchange first time in
history. This is rapidly progressing stock exchange.
NASDAQ
“NASDAQ” stands for (National Association of Securities Dealers
Automated Quotations). This is the stock exchange of modern age. It was
established in 1971. It was established on the idea to trade equities
electronically. This idea was according to the requirements of new era of
information technology that is why it established very rapidly. Now this stock
exchange is considered the international hub for the trade of equities. In the
present age this stock exchange is taken as standard to assess the growth of
international economies of the world. Most of the economist prepares their
analysis report on considering the trend in this stock exchange.
“NYSE” New York Stock Exchange
This stock exchange is 2nd
largest stock exchange in the world and biggest in United States of America. It
is located New York at Broad street. The number of member companies with this
stock exchange is more than 2800 which is a huge number in this regard. The
value of this stock exchange is more than 20 trillion USD. In 2005 this stock exchange also started electronic trading
with the merger of Archipelago Holdings.
“LSE” London Stock Exchange
This is one of the oldest and
largest stock exchanges of the world. It was established in 1801 in London to
facilitate the shareholders to trade their stock under the lawful act. Queen
Elizabeth II inaugurated this stock exchange in Broad Street. Later this stock
exchange was shifted to the Paternoster Square near Paul’s Cathedral. Here
again Queen Elizabeth II preside the opening ceremony of this stock exchange.
As it is the oldest stock exchange it contains the history of different
procedure of stock trade. This stock
is considered the maternal institution for the establishment of all the stock
exchanges in the world. Almost all the rules and regulation formulated under
the law of this stock exchange which were adopted by other stock exchanges of
the world by molding these laws according their local laws.
Shanghai Stock Exchange
It is the youngest but most
rapidly progressing stock exchange in the world of equities trade. It is
founded in 1990 in shanghai. Actually Shanghai is the financial and trade
center of china and you can say the same thing for whole world in these days.
Just after its opening this stock exchange make the progress in unbelievable
pattern and no other stock exchange in the world did not progress like this
stock exchange.
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