A brief history of stock market

A brief preview in the history of the stock market offers with plenty of information. When it comes to the stock market is not immediately clear what the person you refer. To some it means only the purchase of shares and exchange through the computer. In fact the stock market is a structural place that has an address and this building can be visited.

For many Wall Street and stock market are synonymous, and this is far from true. In short, a quick glance at the history of the stock market reveals that the roots of the largest financial market in the world began on Wall Street. It was from here that the new industry was born with its own terminology and language.

Wall Street has acquired its name so far back in 1673. A quick look at the history of the stock market tells you that Wall Street was originally established, not for trade, but for defense purposes. It was the Dutch settlers who built this wall 12 feet fence to protect themselves from attacks by British and Native Americans. They never imagined that this place would one day become the hub of financial activity in the world. It was in 1685 that this wall of 12 meters was demolished and replaced with a new road that was called the Wall Street by the British.

A brief look at the history of stock market information on how Wall Street has risen to prominence. In 1790 in Philadelphia the first stock traded was founded in America. A couple of years later some merchants met to discuss and take command of the securities business. These merchants, thus founded what is now known as the New York Stock Exchange.

A store was opened by this exchange on Wall Street. The stock market facilitates trades worth billions of dollars each day began with a brief and humble beginning that is now history. Huge profits were made on Wall Street in 1900, but the boom period was short-lived. In 1929 the stock market crashed miserably and ushered in the Great Depression. The cash rich and poor alike lost.

Therefore, the government as well as the industry began to take measures to reduce the possibility of such mass arrests. Since the stock market is now a component of the global economy has taken the necessary precautions to avoid any accident disastrous. However, the possibility of a crash can not be excluded.