The History of the NYSE

Paper Summary:

The paper discusses how stock exchanges or markets are simply physical or virtual meeting places, where buyers and sellers of stock can transact their business. The paper demonstrates the importance of stock exchanges to the world economy in an increasingly globalized marketplace. The paper reveals the New York Stock Exchange's (NYSE) historic beginnings under a buttonwood tree on what would become Wall Street and examines how it has become the largest such exchange in the world in terms of the dollar volume traded. The paper shows how the NYSE has played an important role in helping the nation grow and prosper and discusses the various measures that have been developed over the years to help analysts, researchers and investors assess the performance of various exchanges.

Outline:
Review and Discussion
Background and Overview
The New York Stock Exchange
Measuring Performance in Stock Exchanges
Comparison of Stock Exchange Performance
Conclusion

From the Paper:

"Many countries around the world have a stock exchange, and some countries, such as the United States, have several. Stock exchanges, or stock markets, are organizations involved in the sale and purchase of various securities such as shares, stocks, and bonds (Stock exchange, 2006). According to Black's Law Dictionary (1990), a stock exchange is, "The place at which shares of stock are bought and sold. Any organization, association, or group of persons, whether incorporated or unincorporated, which constitutes, maintains, or provides a marketplace or facilities for bring together purchases and sellers of securities""

Sample of Sources Used:

• About NYSE Group. (2006). NYSE Group, Inc. Retrieved October 15, 2006 from http://www. nyse.com/about/1088808971270.html.
• Aby, C. D., Jr., & Vaughn, D. E. (1995). Asset allocation techniques and financial market timing. Westport, CT: Quorum Books.
• Aliber, R. Z. (2005). The 35 most tumultuous years in monetary history: Shocks, the transfer problem, and financial trauma. IMF Staff Papers, 52, 142.
• Arestis, P., Demetriades, P. O., & Luintel, K. B. (2001). Financial development and economic growth: The role of stock markets. Journal of Money, Credit & Banking, 33(1), 16.
• Benn, A. (2000). Unseen Wall Street of 1969-1975: And its significance for today. Westport, CT: Quorum Books.

More papers on The History of the NYSE:

• Book Review # 140601 : "The History Of The Conquest Of Peru"
• Book Review # 128088 : "William Byrd's "The History of the Dividing Line"
• Term Paper # 139138 : "The History of the Fire Service"

APA Citation:

MLA Citation: