Stock Exchanges - New York, London, Toronto, NASDAQ and Others
by Mike Singh
Located around the world, stock exchanges are organizations or
corporations that provide a physical space for the exchanges or
selling of stocks, bonds, securities and other events that
involve capital. While most stock exchanges continue to have a
physical location, more and more electronic stock exchanges are
becoming popular due the speed of the transactions and the
worldwide accessibility.
Currently some of the biggest stock exchanges are:
Toronto Stock Exchange
* Canada's largest stock exchange located in Toronto, Ontario. *
Founded in 1861, the TSE was incorporated in 1878 by the
Legislative Assembly of Ontario. * In 1999 Barbara G. Stymiest
became the first female President of a stock exchange in North
America.
NASDAQ
* National Association of Securities Dealers Automated
Quotations is an electronic stock market which began trading on
February 8, 1971 * It was the world's first electronic stock
market when it first started trading and currently is the
largest electronic stock market in the U.S. * NASDAQ lists over
3,200 companies and averages more share trades per day than any
other stock market in the world. * NASDAQ is one of the key
markets that analysts use to gauge the value of stocks and
shares throughout the world.
New York Stock Exchange (NYSE)
* Located on Broad Street in New York City this stock exchange
is the second largest in the world. * NYSE is nicknamed the Big
Board, and lists 2,800 companies valued at nearly $20 trillion
dollars. * NYSE merged with Archipelago Holdings in April of
2005 to incorporate the electronic stock exchange.
Frankfurt Stock Exchange
* Located in Frankfurt, Germany, this stock exchange is the
largest in Germany handling over ninety percent of all trading
in German shares. * Frankfurt Stock Exchange offers both on the
floor trading and electronic trading on the Xetra system.
London Stock Exchange (LSE)
* Founded in 1801 in London, England, this stock exchange is one
of the largest in the world. * The LSE was originally located on
Old Broad Street and was opened by Queen Elizabeth II in 1972.
In 2004 the LSE moved to Paternoster Square near St. Paul's
Cathedral. It was again opened by Queen Elizabeth II. * The
London Stock Exchange has a long history of standards and
procedures that are largely the same today as they were when the
stock exchange was first founded. * A commissioned sculpture
called "The Source" and done by Greyworld is the central focus
of the exchange.
Shanghai Stock Exchange
* Founded on November 26, 1990 it opened its doors for trading
on December 19, 1990. Located in Shanghai, the financial and
trade center of China, this stock exchange has grown rapidly
since its opening. * The Shanghai Stock Exchange has been
aggressive in its trading and listing with both Asian and
foreign companies. * As December 2004 the Shanghai Stock
Exchange listed 881 companies and had a market cap of $325
billion dollars US.
Bombay Stock Exchange (BSE)
* This stock exchange, located in Mumbai India, is the oldest
stock exchange in Asia. It was formed in 1875 by a group of 22
stockbrokers. * As of 2005 it was one of the five largest stock
exchanges in the world, handling over 3,500 companies. * The
combined market capitalization of the Bombay Stock Exchange is
$125 billion dollars US. * The Bombay Stock Exchange still
follows the traditional and trading rules established by the
original founders.
Tokyo Stock Exchange
* The Tokyo Stock Exchange is the second largest in the world.
It was founded in Tokyo, Japan on May 15, 1878. The Tokyo Stock
Exchange opened its doors for trading on June 1, 1878. * During
World War II the TSE was shut down and then reopened on May 16,
1949. * On November 1, 2005 the TSE was unable to operate due to
glitches in the Fujitsu software program that was to help with
high trading volumes. * The main trading room of the TSE is now
largely computerized.
Hong Kong Stock Exchange
* Ranked 9th in the world this stock exchange is located in Hong
Kong, China. * As of September 2005 the Hong Kong Stock Exchange
was the second largest stock exchange in Asia. * The Hong Kong
stock exchange is unique in that it is listed as a company on
its own exchange as Hong Kong Exchanges and Clearing Limited. *
It was founded on March 6, 2000 by a merging of three main
constituent companies.
SWX Swiss Exchange
* The tenth ranked stock exchange in the world the SWX Swiss
exchange is regulated by Swiss law and prescribes to the concept
of self-regulation. They pride themselves on their high
standards in meeting international regulations. * The SWX is
located in Zurich, Switzerland, but also has offices in London
and Geneva. * The current SWX was formed in 2002 after
restructuring. * In addition to being Switzerland's national
stock exchange the SWX also develops market interests in other
European countries.
About the author:
On http://www.stock-trading-made-ez.com/ you will find articles on stock market strategies and stock investment advice.
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