Stock Marketing

The Stock Market Do you think if your personal finance are affected and thousands of company’s shares traded because of the New York Stock Exchange? The biggest stock market in the world Billions of dollars pass from hand to hand every single day in this establishment. Two hundred years ago in front of Trinity Church in East Manhattan, the foundation of the New York Stock Exchange has started out. Recurrently owning shares in cargo was coming in on ships everyday for silver traders after the time of sharing the conception of stock, or even changing paper money was not daily usage. The business of trading silver for paper was flourished. The colonial government claimed money to fund its wartime operations during the American Revolution. Selling bonds was the only one way that was done. Bonds are pieces of paper that a person earns for an arranged price, knowing that after a period of time; they can trade their bonds for a profit. In order to raise money, the first nation 's bank began to sell shares or parts of their own companies. Basically, they sold part of the company to the people who wanted to buy it, which are the essence of the present day of stock market, (Lokman, 29-33). An agreement of starting the New York Stock Exchange (NYSE) was signed by twenty-four men in 1792, and Wall Street was becoming an essential center of these transactions. To trade with companies, they started selling shares and parts of companies between themselves and charge people commission, or expenses. A home was found at 40 Wall Street in New York for developing and extending. After they grew, they settled down in what is currently known as the New York Stock Exchange Building, (Funk, 34-43). The word stock clearly refers to supply. In the financial market, stock means a supply of money that a company has increased. The market is a place that everyone buys or sells things. Selling and buying stock in business is referred to as the stock market. A stock market is

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