Saturday, October 24, 2009

New York Stock Exchange - History and stock price index

New York Stock Exchange - History and stock price index

New York Stock Exchange History

May 17, 1792, the New York Stock Exchange was born. March 8, 1817 the organization drafted a constitution, and his name changed to "New York Securities and Exchange Commission." 1863 changed to its present name, the New York Stock Exchange. In 1868, only members from the then buy the old seats in order to obtain membership.

In July 1914, the Stock Exchange shortly after the First World War was closed, but this year, November 28 has re-opened, allowing free trading of various bonds, support the war effort. October 24, 1929, "Black Thursday", the U.S. stock market crash, stock prices fall due to panic also contributed to the Great Depression. October 31, 1938, in order to restore investor confidence, enhance the protection of the investing public, the exchange introduced a 15-point plan.

October 1, 1934, the Stock Exchange with the U.S. Securities and Exchange Commission for registration as a national stock exchange, there is a chairman and 33 members of the board of directors. February 18, 1971, non-profit corporation was established, reduce the number of board members to 25.

In 1953, the membership is limited to 1366. America is only 2.5 million profit (before tax), the minimum issue shares sold 100 million shares, to common shareholders the right to vote and to regularly publish a financial company, its shares are eligible to the Stock Exchange. Until February 1999, the exchange's average daily trading volume of 670 million shares, trading volume reached 30 billion U.S. dollars. As of February 1999, in exchange-listed company has more than 3000, including those from 48 countries, 385 foreign companies in the global capital markets, financing more than 10 trillion. In addition, the U.S. government, corporations and foreign governments, companies and international banking transactions of thousands of kinds of bonds are traded.

The corporate brand in the World Brand Lab (WorldBrandLab) prepared in 2006, "the world's 500 Most Influential Brands" list ranked 271st.

New York Stock Exchange stock price index

New York Stock Exchange stock price index is compiled by the New York Stock Exchange stock price index. It began with June 1996, first common stock price index, was later converted into mixed indicators, including the 1500 New York Stock Exchange listed companies 1570 kinds of stocks. The specific calculation method is to separate high and low prices of these stocks ranked according to the respective terms of industrial stocks, the financial sector stocks, utility stocks, transportation stocks price index, the largest and most widespread industrial stock price index, there are 1093 kinds of stock composition of ; New York stock price index is based on December 31, 1965, the 50 points as the base, using the comprehensive index of the form. The New York Stock Exchange announced every half hour time index movements. Although the establishment of the New York Stock Exchange stock price index time is not long, but it can be the full and timely response to their overall status of stock market activities and thus are more welcomed by the investors.

New York Stock Exchange-NYSE ==>

New York Stock Exchange listing requirements for non-US companies ==>