The Global Exchange

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Title: The Global Exchange

Essay Details:

Subject: Miscellaneous

Author:

Date: May 6, 2013

Level: University

Grade: A

Length: 6 / 1759

Essay text:

(Indices) The largest worldwide stock exchange, in terms of dollar volume, and the most important exchange in the US is the “Big Board”, or the New York Stock Exchange. In 1792, “Twenty-four prominent brokers and merchants gather on Wall Street to sign the Buttonwood Agreement, agreeing to trade securities on a commission basis. The New York Stock Exchange traces its beginnings to this historic pact.” (Timeline) Over the next 150 years growth is seen in the trade volume achieved and in the safeguards and organization of the exchange. In addition, it is achieved that over 6 million Americans had some stock ownership by 1952...

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