HISTORY OF STOCK TRADING.December 18, 2020
The history of the share market of India dates back to 1875. The name of the first share trading association in India was “Native Share and Stock Broker’s Association” which later came to be known as Bombay Stock Exchange (BSE). This association began with 318 members.
When did the stock market start :
17 May 1792The NYSE was founded 17 May 1792 when 24 stockbrokers signed the Buttonwood Agreement on Wall Street in New York City. Famously, they met beneath a Buttonwood tree and formed a centralised exchanged for the burgeoning securities market in the United States.
What was the first stock :
The Dutch East India Co. holds the distinction of being the first company to offer shares of its business to the public, effectively conducting the world’s first initial public offering (IPO). It also played an integral role in modern history’s first stock market crash.
When did World stock market start :
On May 17, 1792, the New York Stock Exchange opened under a platanus occidentalis (buttonwood tree) in New York City, as 24 stockbrokers signed the Buttonwood Agreement, agreeing to trade five securities under that buttonwood tree.
Who owns most of the stock market :
So who owns most of the stock market? The majority of corporate equities and mutual fund shares are held by investors who are white, college educated and above the age of 54, according to an analysis from the Center for Household Financial Stability at the Federal Reserve Bank of St. Louis.
Market participants include individual retail investors, institutional investors (e.g., pension funds, insurance companies, mutual funds, index funds, exchange-traded funds, hedge funds, investor groups, banks and various other financial institutions), and also publicly traded corporations trading in their own shares. Robo-advisors, which automate investment for individuals are also major participants.
The term bourse is derived from the 13th-century inn named “Huis ter Beurze” (center) in Bruges. From predominantly Dutch-speaking cities of the Low Countries (like Bruges and Antwerp), the term ‘beurs’ spread to other European states where it was corrupted into ‘bourse’, ‘borsa’, ‘bolsa’, ‘börse’, etc.