A Brief The Past Regarding The Stock Exchange

In the time we live within the news most positive and negative related to the stock exchange and the financial market are very frequent: you only need to watch news, turn over the pages of a magazine or possessing a look at the courses that are conceived to teach people investing on the stock exchange to realize that the news regarding this field are now of general interest. Moreover, the final negative events that have affected stock exchanges all over the universe in 2008-2009 have spotlighted this field even more, catching also the attention of those that were not particularly interested and well- informed in this sector. The stock exchange crisis that has upset the universe markets in very recent times was not the only one within the stock exchange history, a the past that began an extended time ago. We can even speak that the ancestors regarding the stock exchange date return to ancient Greece, when there that was a sort of stockbroker and trader called trapezita. Other predecessors of financial markets are to be located in some Italian trading towns like Venice and Florence within the 15th century.

Apart from these ancient examples, we can claim that the the past regarding the buying and selling of shares began later on, most notably within the 16th century in Bruges. and it was within the Fleming city that the term bourse, which stands for stock exchange, is believed to be born. The term is believed to return from the name regarding the family of merchants Van der Burse: it was in their home that the trading for buying and selling of shares representing products or cash coming from faraway countries took place. On the faade regarding the palace regarding the family Van der Burse people should look the coat of arms regarding the family, representing 3 bags: bursa is the Latin phrase for bag, that is why the term bourse may return from that. Trading in Bruges took location also on squares and between the canals of Amsterdam, but the home regarding the Van der Burse was certainly one regarding the highest many important spots for trading.

First stock exchange was born in Antwerp in 1531, then many other stock exchanges were born in many important European and American cities, like Lyon in France 1548 and Amsterdam 1561, which became even more important than Antwerp. The highest many important stock exchange regarding the world, the New York Stock Exchange NYSE was instituted at the end regarding the 18th century, more precisely in 1792, while the Milan Stock Exchange was born at the beginning of 1808. Since the institution regarding first Stock Exchange and within the following centuries the field of stock exchange has certainly gone through many developments and changes, and crisis too, from the trade expansions within the 18th century, which boosted the development regarding the stock market, to speculative boom within the 19th century, from the Wall Street Crash of 1929 to recent crisis that is still affecting our lives, shape the trading from the gates to online trading. Positive and negative moments, that have characterized the the past of one regarding the highest many ancient institutions of many societies.