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| Stock Exchanges For Dummies |
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| Written by John Border |
| Saturday, 07 February 2009 11:37 |
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As a new entrant into the stock market you will keep hearing about the terms NYSE, AMEX and NASDAQ and more of the international ones nowadays like HangSeng or the LSE or even the Luxembourg stock exchange. What are these you will wonder? These are names of stock exchanges where the buyers and the sellers meet and agree to trade their shares. This is what is meant by stock market but in general stock market means everything related to stocks like indices and stock holdings etc. New York Stock Exchange started in 1792 and is located at the epitome of the US financial icon street called the Wall Street. It is undoubtedly one of the largest exchanges in the country. All the companies aspire to be listed here so there shares can be traded on this exchange but before a company can be listed here they have to complete certain set of criteria in terms of financial strength as well as the industry they operate in. For trading at NYSE you need to be either a registered broker with NYSE or you need to have an arrangement with an entity who is a registered broker at NYSE. It is not an easy thing to become a broker at NYSE and it costs a huge amount of money may be say a million dollars. There is another option for companies to list and this option is the American Stock Exchange. This exchange lists companies which are much smaller in size and strength as compared to bigger companies which list on NYSE. NASDAQ or National Association of Securities Dealers Automated Quotations came into being in 1971 on the premise of listing newly formed technology companies. Since then it has grown in size and numbers and now it has a screen based system by which it can as an exchange with no floor trading being done. Almost all international countries have their won stock exchanges but some are more famous than the others. Like the Bombay Stock Exchange in India or the FTSE in London or the Hang Seng in Hong Kong. Make sure you enough about the exchange you want to trade on as that can help you decide the initial amounts for investing and the ease of investing. About the Author: A good tip about understanding dow jones and also make sure that you learn how to read stock market charts Don't reprint this exact article. Instead, reprint a free unique content version of this same article. Kindly provided by LJ-Marketing.dk You are welcome to use this article on your own website, if you include the link just before this text. |
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