4 ms·
Just curious, which kind of exchanges do you mean that are 100 years young? The first stock exchange came to be >400 years ago and I guess there are currency or
by badestrand 4y ago
Just curious, which kind of exchanges do you mean that are 100 years young? The first stock exchange came to be >400 years ago and I guess there are currency or other exchanges that were there before.
(Sorry if I just seem to want to point out a mistake - your first sentence just sounds so specific that it just got me interested in what you mean.)
- govg 4y agoThere is a wide variety in ages of prominent exchanges. NYSE is one of the older ones at around 250 years, LSE is not as old but roughly 220. Some Asian exchanges are younger, Hong Kong and the Indian ones are 100-150 years old. Chinese exchanges are younger still, so is the Japanese and NASDAQ was founded in the 1970s. I am also curious as to which specific one they meant, perhaps they meant the set that were all setup around 1890s as a hundred years old. Of course, being electronic is a later thing, as far as I know the NASDAQ was one of the first.
- bfeynman 4y agoshould've qualified with modern exchanges, centralized companies that facilitate markets and liquidity. Older generations were more open marketplaces and in some cases literally just physical areas.