The History of the Stock Market Essay

The Securities Exchange Act of 1934 was passed by congress to strengthen the government’s control of the financial markets. It was preceded by the Securities Exchange Act of 1933 which was enacted during the Great Depression in hopes that the stock market crash of 1929 would not be repeated. The basic difference between the two acts was that the 1933 Act was to govern the original sales of securities by requiring that the issuers, the companies offering the securities, offer up sufficient information about themselves and the securities so that the potential buyers could make informed decisions. The 1934 Act was

It started in the 1920s when the United States stock market went through rapid expansion

As the value of stocks went up more people invested in the market this pushed prices up even

The San Francisco Stock Exchange opened in 1862, just blocks away from the formerly legal gambling houses. This was an era of “stock jobbing,” in which unsophisticated investors made speculative short term bets on volatile mining and railroad stocks. These early era markets were notorious for rampant price manipulations duping many naïve “investors” out of all of their money.

Street to buy and exchange stocks. The stock market grew so popular, it was featured on the front pages of

In the main 19th century, countless new enterprises sprang up in the railroad and assembly industries. The New York Transactions Board had next mandated an association to have a minimum of 100 stocks in order to transactions in their exchange. Countless of these new firms might not encounter such necessities to be tabulated on the Board. A cluster of non-member brokers catered to the needs of these firms as they traded their stocks beyond the registered exchanges. These brokers came to be recognized as the curbstone brokers, as they led their auctions out in the street. These brokers frequently traded stocks that were speculative in nature. With the invention of oil in the afterward half of the 19th century, even oil stocks went in into

     The New York Stock Exchange traces its origin back 200 years. Centuries of growth and innovation the NYSE remains the world’s foremost securities marketplace. Over the years its commitment to investors has been unwavering and its persistent application of the latest technology has allowed it to maintain a level of market quality and service that is unparalleled. The NYSE has grown to become the global marketplace of today.

when the New York Stock Exchange collapsed that is when millions of shares were sold because many people lost hope of the economy, and over $50 billion

The Stock Market is an organized market for the trading of stocks and bonds. In Europe a stock exchange is often called a bourse. Stock exchanges exist in all-important financial centers of the world. Members of an exchange buy and sell for themselves or for others, charging commissions. A stock may be traded only if it is listed on an exchange after having met certain requirements. The New York Stock Exchange (founded 1790) is the largest in the U.S., handling more than 70% (in market value) of all transactions. The American Stock Exchange (Amex), also in New York City, and regional exchanges account for the remainder. Unlisted shares, often of smaller companies, are traded in the growing over-the-counter

     The Stock Market in the 1920’s had consistently seen prices climb over the last few years. By the fall of 1929 the prices of stock were severely overpriced and unaffordable. When stockholders saw the severity in the prices they all panicked and began

Today the New York Stock Exchange is synonymous with investing. However, it hasn 't always been that way. Our current system of exchange has grown and changed over time to become what it is today. We 'll walk you through a history of the stock market to see what it took to get to where we are today.

market was propped up by new investors entering the market , who viewed it as an easy

The organization was now called the New York Stock and Exchange Board or NYSE. Later in 1846, astonishing advancements in telecommunications technology enabled a new openness to the business of the stock market.

The Securities Exchange Act in 1934, made the SEC (Securities and Exchange Commission) in light of the share trading system accident of 1929 and the Great Depression of the 1930s. It was made to ensure U.S. speculators against misbehavior in securities and budgetary markets. The motivation behind the SEC was and still is to complete the commands of the Securities Act of 1933: To ensure financial specialists and keep up the trustworthiness of the securities market by correcting the present laws, making new laws and seeing to it that those laws are upheld. Amid the 1920s, around 20 million Americans exploited post-war flourishing by acquiring shares of stock in different securities trades. At the point

The Amsterdam Stock Exchange is the first modern day trading exchange that allowed for the buying and selling of securities of the East India Company. The exchange was influenced by prior inventions such as brokering of debt and bond purchasing. In the 1300s, Venice merchants bought debt from citizens, companies, and the government and traded pools of these debt issues to consumers. The merchants would bring a booklet of debts for sale and the consumer would then buy what they wanted. The consumers would either capitalize on high interest payments or lose their money due to a particular entity not being able to pay their debts. In the 1500s, Belgium opened the first bond exchange that was exclusively traded only bonds and note