This is where it all happens. You can criticise, analyse, hypothesise but without the stock exchanges, just what’s it all about? Check out some of the big stock exchanges in Europe, Asia and the Americas as well as a number of the smaller exchanges in emerging markets – with borders disappearing and 24 hour trading a distinct possibility in the near future, some of these exchanges may well become household names in financial circles sooner rather than later.
Starting life in the coffee houses of 17th century London, the London Stock Exchange quickly grew to become the City’s and now one of the world’s most important financial institutionS. Today there are more than 2,800 companies listed on the London Stock Exchange, worth in excess of £3,500 billion.
The New York Stock Exchange traces its origins to 1792, when 24 New York City stockbrokers and merchants signed the Buttonwood Agreement. Today the NYSE is the most recognised stock exchange in the world listing in excess of 2,700 companies with a combined global market value of pproximately $25 trillion at the end of 2006.