stock exchange
TRANSCRIPT
STOCK EXCHANGE
YUNUS TOPSAKAL
STOCK EXCHANGE
A security is a tradable financial asset of any kind (banknotes, bonds, debentures, common stocks, futures, options and swaps.
An exchange is a highly organized market where especially tradable securities, commodities, foreign exchange, and options contracts are sold and bought.
STOCK EXCHANGE
A brokerage is a financial institution that facilitates the buying and selling of financial securities between a buyer and a seller.
The stock (also capital stock) of a corporation constitutes the equity stake of its owners.
A stock exchange is a form of exchange which provides services for stock brokers and traders to buy or sell stocks, bonds, and other securities. Stock exchanges also provide facilities for issue and redemption of securities and other financial instruments, and capital events including the payment of income and dividends.
HISTORYThe idea of debt dates back to the ancient world,
as evidenced for example by ancient Mesopotamian clay tablets recording interest-bearing loans.
HISTORY
There is little consensus among scholars as to when corporate stock was first traded. Some see the key event as the Dutch East India Company's founding in 1602, while others point to earlier developments.
The Dutch East India Company was a chartered company established in 1602, when the States General of the Netherlands granted it a 21-year monopoly to carry out trade activities in Asia.
HISTORYBy 1698, a broker named John Castaing,
operating out of Jonathan's Coffee House, was posting regular lists of stock and commodity prices. Those lists mark the beginning of the London Stock Exchange.
HISTORY
Tradable bonds as a commonly used type of security were a more recent innovation, spearheaded by the Italian city-states of the late medieval and early Renaissance periods.
ROLE OF STOCK EXCHANGES
Raising capital for businesses Going public Facilitating company growth Profit sharing Creating investment opportunities for small investors Government capital-raising for development projects
ROLE OF STOCK EXCHANGESAn economic recession, depression, or financial
crisis could eventually lead to a stock market crash. Therefore the movement of share prices and in general of the stock indexes can be an indicator of the general trend in the economy.
10 MAJOR STOCK EXCHANGES(30 September 2014, World Federation of Exchanges)
10. Germany
Exchange Headquarters Market Capitalization
(USD bn)
Trade Volume (USD bn)
Nr of listed company
Deutsche Bourse
Frankfurt 1,716 1,095 692
9. China
Exchange Headquarters Market Capitalization
(USD bn)
Trade Volume (USD bn)
Nr of listed company
Shenzhen Stock
Exchange
Shenzhen 1,913 3,677 1595
8. Canada
Exchange Headquarters Market Capitalization
(USD bn)
Trade Volume (USD bn)
Nr of listed company
TMX Group
Toronto 2,204 1,008 3774
7. China
Exchange Headquarters Market Capitalization
(USD bn)
Trade Volume (USD bn)
Nr of listed company
Shanghai Stock
Exchange
Shanghai 2,869 2,920 974
6. Hong Kong
Exchange Headquarters Market Capitalization
(USD bn)
Trade Volume (USD bn)
Nr of listed company
Hong Kong Stock
Exchange
Hong Kong 3,146 1,093 1721
5. United Kingdom and Italy
Exchange Headquarters Market Capitalization
(USD bn)
Trade Volume (USD bn)
Nr of listed company
London Stock
Exchange Group
London 3,396 1,890
4. Netherlands, France, Belgium and Portugal
Exchange Headquarters Market Capitalization
(USD bn)
Trade Volume (USD bn)
Nr of listed company
Euronext AmsterdamParis
BrusselsLisbon
3,504 1,443 1065
3. Japan
Exchange Headquarters Market Capitalization
(USD bn)
Trade Volume (USD bn)
Nr of listed company
Japan Exchange
Group
Tokyo 4,485 4,011 3429
2. United States
Exchange Headquarters Market Capitalization
(USD bn)
Trade Volume (USD bn)
Nr of listed company
NASDAQ New York 6,683 8,739 2746
1. United States
Exchange Headquarters Market Capitalization
(USD bn)
Trade Volume (USD bn)
Nr of listed company
New York Stock
Exchange
New York 18,779 11,299 2429
Spain (Rank: 17)
Exchange Headquarters Market Capitalization
(USD bn)
Trade Volume (USD bn)
Nr of listed company
BME Spanish
Exchanges
Madrid 1,146 782 3402
Poland
Exchange Headquarters Market Capitalization
(USD bn)
Trade Volume (USD bn)
Nr of listed company
Warsaw Stock
Exchange
Warsaw 466
Turkey
Exchange Headquarters Market Capitalization
(USD bn)
Trade Volume (USD bn)
Nr of listed company
Borsa Istanbul
Istanbul 221 225
New York Stock Exchange (1792)
The New York Stock Exchange (NYSE), sometimes known as the "Big Board" is an American stock exchange located at 11 Wall Street, Lower Manhattan, New York City, New York, United States. It is by far the world's largest stock exchange by market capitalization of its listed companies.
New York Stock Exchange (1792)
The NYSE is owned by Intercontinental Exchange, an American holding company it also lists. Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with the fully electronic stock exchange Euronext. NYSE and Euronext now operate as divisions of Intercontinental Exchange.