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How the New York Stock Exchange Works
 
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In our top story Nicole takes us on a tour of the New York Stock Exchange. The NYSE was founded in 1792 and today billions of dollars exchange hands there everyday. More than 2,000 companies trade their stock there. Owning stock is like owning a stake in a company, if the company does well you can make money, if it does badly you can lose money. Website: http://www.teenkidsnews.com Facebook: https://www.facebook.com/TEENKIDSNEWSTV Twitter: https://twitter.com/teenkidsnews Instagram: http://instagram.com/teenkidsnews# Teen Kids News is an Emmy Award winning 1/2 hour weekly TV show that is informative, educational and fun! The show has been on the air for over 10 years!
Views: 101101 Teen Kids News
Watch high-speed trading in action
 
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Citadel Group, a high-frequency trading firm located in Chicago, trades more stocks each day than the floor of the NYSE.
Views: 4574085 CNN Business
NYSE vs NASDAQ - who has more "mega cap" listings?
 
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The two biggest stock exchanges in the world, in terms of total market capitalization value of the shares listed, are the New York Stock Exchange (NYSE) and the NASDAQ. But which of these two stock exchanges has the highest number of “mega caps”? Take your guess and find out in this Finance Storyteller video. Historically, the NYSE has always had the largest total market capitalization of companies listed, while the NASDAQ allows a far larger number of companies to be listed, particularly those that may be too small to meet the requirements of the NYSE. The NASDAQ also has far lower listing fees than the NYSE. What are “mega cap” companies? Well, these are the Big Dogs! A “mega cap” is a company with a market capitalization exceeding $100 billion, some would even say exceeding $200 billion. Let’s take a look at a subset of the top 25 companies in the world in terms of market capitalization, in the middle of May 2017. 15 out of these 25 companies have their primary listing in the US, so on either the NYSE or NASDAQ. Philip de Vroe (The Finance Storyteller) aims to make strategy, finance and leadership enjoyable and easier to understand. Learn the business vocabulary to join the conversation with your CEO at your company. Understand how financial statements work in order to make better stock market investment decisions. Philip delivers training in various formats: YouTube videos, classroom sessions, webinars, and business simulations. Connect with me through Linked In!
Shares of Pinterest soar on first day of trading on New York Stock Exchange
 
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Shares in Pinterest soared 28 percent Thursday during the newly public company's first hours of trading under the New York Stock Exchange ticker symbol PINS.
Views: 3205 CBS News
How The Stock Exchange Works (For Dummies)
 
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Why are there stocks at all? Everyday in the news we hear about the stock exchange, stocks and money moving around the globe. Still, a lot of people don't have an idea why we have stock markets at all, because the topic is usually very dry. We made a short video about the basics of the stock exchanges. With robots. Robots are kewl! Short videos, explaining things. For example Evolution, the Universe, the Stock Market or controversial topics like Fracking. Because we love science. We would love to interact more with you, our viewers to figure out what topics you want to see. If you have a suggestion for future videos or feedback, drop us a line! :) We're a bunch of Information designers from munich, visit us on facebook or behance to say hi! https://www.facebook.com/Kurzgesagt https://www.behance.net/kurzgesagt How the Stock Exchange works Help us caption & translate this video! http://www.youtube.com/timedtext_cs_panel?c=UCsXVk37bltHxD1rDPwtNM8Q&tab=2
How Does Floor Trading Work on the New York Stock Exchange - Wall Street Stock Market
 
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Floor trading is where traders or stockbrokers meet at a specific venue referred to as a trading floor or pit to buy and sell financial instruments using open outcry method to communicate with each other. More on stock trading: https://www.amazon.com/gp/search?ie=UTF8&tag=doc06-20&linkCode=ur2&linkId=3b70391c913a3a0dc8e7add5852ad72a&camp=1789&creative=9325&index=books&keywords=stock%20trading These venues are typically stock exchanges or futures exchanges and transactions are executed by members of such an exchange using specific language or hand signals. During the 1980s and 1990s phone and electronic trading replaced physical floor trading in most exchanges around the world. As of 2007 few exchanges still have floor trading. One example is the New York Stock Exchange (NYSE) which still executes a small percentage of its trades on the floor. That means that the traders actually form a group around the post on the floor of the market for the specialist, someone that works for one of the NYSE member firms and handles the stock. Just like in an auction, there are shouts coming from those that want to sell and those that want to buy. The specialist facilitates in the match and centralizing the trades. On January 24, 2007, the NYSE went from being strictly an auction market to a hybrid market that encompassed both the auction method and an electronic trading method that immediately makes the trade electronically. A small group of extremely high-priced stocks isn't on this trading system and is still auctioned on the trading floor. Even though over 82 percent of the trades take place electronically, the action on the floor of the stock exchange still has its place. While electronic trading is faster and provides for anonymity, there's more opportunity to improve the price of a share if it goes to the floor. Investors maintain the right to select the method they want to use. http://en.wikipedia.org/wiki/Floor_trading On October 19, 1987, the Dow Jones Industrial Average (DJIA) dropped 508 points, a 22.6% loss in a single day, the second-biggest one-day drop the exchange had experienced. Black Monday was followed by Terrible Tuesday, a day in which the Exchange's systems did not perform well and some people had difficulty completing their trades. Subsequently, there was another major drop for the Dow on October 13, 1989; the Mini-Crash of 1989. The crash was apparently caused by a reaction to a news story of a $6.75 billion leveraged buyout deal for UAL Corporation, the parent company of United Airlines, which broke down. When the UAL deal fell through, it helped trigger the collapse of the junk bond market causing the Dow to fall 190.58 points, or 6.91 percent. Similarly, there was a panic in the financial world during the year of 1997; the Asian Financial Crisis. Like the fall of many foreign markets, the Dow suffered a 7.18% drop in value (554.26 points) on October 27, 1997, in what later became known as the 1997 Mini-Crash but from which the DJIA recovered quickly. This was the first time that the "circuit breaker" rule had operated. On January 26, 2000, an altercation during filming of the music video for "Sleep Now in the Fire", which was directed by Michael Moore, caused the doors of the exchange to be closed and the band Rage Against the Machine to be escorted from the site by security[15] after band members attempted to gain entry into the exchange.[16] Trading on the exchange floor, however, continued uninterrupted.[17] In the aftermath of the September 11, 2001 terrorist attacks, the NYSE was closed for 4 trading sessions, one of the longest times the NYSE was closed for more than one session; only the third time since March 1933. On May 6, 2010, the Dow Jones Industrial Average posted its largest intraday percentage drop since the October 19, 1987 crash, with a 998 point loss later being called the 2010 Flash Crash (as the drop occurred in minutes before rebounding). The SEC and CFTC published a report on the event, although it did not come to a conclusion as to the cause. The regulators found no evidence that the fall was caused by erroneous ("fat finger") orders.[18] On October 29, 2012, the stock exchange was shut down for 2 days due to Hurricane Sandy.[19] The last time the stock exchange was closed due to weather for a full two days was on March 12 and 13 in 1888.[20] On May 1, 2014 the stock exchange was fined $4.5 million "to settle charges it violated market rules, the Securities and Exchange Commission said Thursday." http://en.wikipedia.org/wiki/New_York_Stock_Exchange
Views: 127209 Remember This
An Overview of the New York Stock Exchange: Building, Trading Floor, History (1998)
 
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The New York Stock Exchange (NYSE), sometimes known as the "Big Board", is a stock exchange located at 11 Wall Street, Lower Manhattan, New York City, New York, United States. More on the NYSE: https://www.amazon.com/gp/search?ie=UTF8&tag=tra0c7-20&linkCode=ur2&linkId=7dfab24c59ae2892ac3f17c1a4ede1f5&camp=1789&creative=9325&index=books&keywords=nyse It is by far the world's largest stock exchange by market capitalization of its listed companies at US$16.613 trillion as of May 2013. Average daily trading value was approximately US$169 billion in 2013. The NYSE trading floor is located at 11 Wall Street and is composed of four rooms used for the facilitation of trading. A fifth trading room, located at 30 Broad Street, was closed in February 2007. The main building, located at 18 Broad Street, between the corners of Wall Street and Exchange Place, was designated a National Historic Landmark in 1978, as was the 11 Wall Street building. The NYSE is operated by NYSE Euronext (NYSE: NYX), which was formed by the NYSE's 2007 merger with the fully electronic stock exchange Euronext. In December 2012, it was announced that the company would be sold to Intercontinental Exchange (ICE), a futures exchange headquartered in Atlanta, Georgia, United States, for $8 billion, a figure that is significantly less than the $11 billion bid for the company tendered in 2011. The origin of the NYSE can be traced to May 17, 1792, when the Buttonwood Agreement was signed by 24 stockbrokers outside of 68 Wall Street in New York under a buttonwood tree on Wall Street.[10] On March 8, 1817, the organization drafted a constitution and renamed itself the "New York Stock & Exchange Board". Anthony Stockholm was elected the Exchange's first president. The last central location of the Exchange was a room, rented in 1792 for $200 a month, located at 40 Wall Street. After that location was destroyed in the Great Fire of New York in 1835, the Exchange moved to a temporary headquarters. In 1863, the New York Stock & Exchange Board changed to its current name, the New York Stock Exchange. In 1865, the Exchange moved to 10--12 Broad Street. The New York Stock Exchange was closed for ten days starting September 20, 1873, because of the Panic of 1873.[11] The volume of stocks traded increased sixfold in the years between 1896 and 1901, and a larger space was required to conduct business in the expanding marketplace.[12] Eight New York City architects were invited to participate in a design competition for a new building; ultimately, the Exchange selected the neoclassic design submitted by architect George B. Post. Demolition of the Exchange building at 10 Broad Street, and adjacent buildings, started on May 10, 1901. The main façade featuring six tall columns with Corinthian capitals The new building, located at 18 Broad Street, cost $4 million and opened on April 22, 1903. The trading floor, at 109 × 140 feet (33 × 42.5 m), was one of the largest volumes of space in the city at the time, and had a skylight set into a 72-foot (22 m)-high ceiling. The main façade of the building features six tall columns with Corinthian capitals, topped by a marble pediment containing high-relief sculptures by John Quincy Adams Ward with the collaboration of Paul Wayland Bartlett, carved by the Piccirilli Brothers, representing Integrity Protecting the Works of Man. The building was listed as a National Historic Landmark and added to the National Register of Historic Places on June 2, 1978.[13] In 1922, a building for offices, designed by Trowbridge & Livingston, was added at 11 Wall Street, as well as a new trading floor called the Garage. Additional trading floor space was added in 1969 the Blue Room, and in 1988 the EBR or Extended Blue Room, with the latest technology for information display and communication. Yet another trading floor was opened at 30 Broad Street called the Bond Room in 2000. As the NYSE introduced its hybrid market, a greater proportion of trading came to be executed electronically, and due to the resulting reduction in demand for trading floor space, the NYSE decided to close the 30 Broad Street trading room in early 2006. As the adoption of electronic trading continued to reduce the number of traders and employees on the floor, in late 2007, the NYSE closed the rooms created by the 1969 and 1988 expansions. http://en.wikipedia.org/wiki/NYSE Image By Kowloonese (08:27, 30 May 2004) (Own work) [GFDL (http://www.gnu.org/copyleft/fdl.html) or CC-BY-SA-3.0 (http://creativecommons.org/licenses/by-sa/3.0/)], via Wikimedia Commons
Views: 19504 The Film Archives
The U.S. Stock Exchanges
 
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The U.S. Stock Exchanges The U.S. stock market comprises three major stock exchanges for day trading. Stock exchanges are businesses that make their profits from commissions and services. The stock exchanges compete among themselves by appealing to different business niches. Each stock exchange has its own unique specialties, technologies, advantages, and, of course, disadvantages. If you’re looking for an introduction to day trading in the US, here’s your basic guide. Meet the New York Stock Exchange The New York Stock Exchange (NYSE) is located on the corner of Wall and Broad streets. It is the largest stock exchange in the world, based on the market value of the companies traded on it, and therefore the highest number of day traders participate on this exchange. The market value, known as market capitalization or “market cap,” multiplies the number of publicly held shares of stock by the exchange-traded price of each share. The market cap of stocks traded in the NYSE exceeded $21 trillion as of June 2017. The NYSE trading list comprises more than 3,000 companies. It wasn't so long ago that NYSE market orders were handled by humans known as floor traders. In those days, the execution time of an NYSE transaction could take up to two minutes. But the unavoidable has happened to the world's largest stock exchange. The revolution started slowly. Nasdaq, the United States’ first computerized stock exchange, became the model when it began operations in 1971. It took some time, but computers have now taken over most processes at the NYSE, despite strong opposition by the day traders. Computerized day trading has provided exactly what the public wanted: greater competition, fewer commissions, greater transparency, and higher execution speed. Meet the Nasdaq The Nasdaq (formerly known as NASDAQ when it was an acronym for National Association of Securities Dealers Automated Quotations) was established in 1971 as the world's first electronic stock exchange. Unlike the NYSE, it immediately computerized all of its trade processes. From that point on, day traders no longer needed to compete over each other’s shouts on the trading floor. Everything was push-button. The result: commissions slowly dropped, the quality of service improved, competition grew, and companies of a new type issued stocks and raised trillions of dollars. Within two decades, and with the proliferation of the internet, Nasdaq was accessible in the home of every trader. For the first time, the road to private trading was opened, day trading classes were being offered as were more services for beginner day traders. We can, in fact, say that the profession of day trading as we know it was born with Nasdaq’s founding. Meet the NYSE American The NYSE American was first established in 1842 as the American Stock Exchange. The NYSE acquired this stock exchange in 2008. NYSE American is now the NYSE's market for small-cap companies. Like the NYSE, it now has moved its processes to quick, effective computerized execution. --------------------------------------------------------------------------------------------------------- Subscribe for NEW You Tube trading lesson here: https://youtube.com/user/TradenetGlobalUK?sub_confirmation=1 --------------------------------------------------------------------------------------------------------- Helpful links: Join my trading group: Get education & a Funded Account: http://www.tradenet.com/join-funded-accounts/?affiliate_id=35955&affiliate_org=2&web_page=&placement=&campaign_id=7010O000000fKjw Watch my FREE live You Tube streaming Trading Room: https://www.youtube.com/c/TradenetGlobalUK/live Join a FREE 14 day trial in my live Trading Room: https://www.tradenet.com/14-day-free-trial/?affiliate_id=35955&affiliate_org=2&web_page=&placement=&campaign_id=7010O000000fKjw Watch all my lessons here: https://www.youtube.com/playlist?list=PLb9tmPwCEfFjZWiIEYa4BfF4BZX0F0mWz View the FREE "Part one" of my trading book "The Market Whisperer" here: http://books.tradenet.com/ Buy my best selling book at Amazon: https://www.amazon.com/dp/1540353524 Open a Colmex account (Non-US residents): https://services.colmexpro.com/registration/start.aspx Watch all my day trading live videos at: http://www.youtube.com/user/TradenetGlobalUK/videos Contact Tradenet: [email protected] Contact Meir Barak: [email protected] Visit our website: www.tradenet.com Germany: www.tradenet.de
Stock Exchanges, a history
 
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Interested in learning about the Stock Market and its history. This is the right documentary.
Views: 58153 Mehdi Elharti
What is The NYSE (New York Stock Exchange) ?
 
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Welcome to the Investors Trading Academy talking glossary of financial terms and events. Our word of the day is the “NYSE” The New York Stock Exchange, often referred to as NYSE and "The Big Board," is the largest stock exchange by market capitalization in the world. Home to more than 2,800 companies with a combined value of more than $15 trillion, the NYSE relies on face-to-face trades, rather than electronic trades. The NYSE began in 1792, when 24 stockbrokers gathered under a buttonwood tree on Wall Street to sign an agreement that established the rules for buying and selling bonds and shares of companies. This agreement, or the Buttonwood Agreement, was named after the tree. The NYSE is the oldest and largest stock exchange in the U.S., located on Wall Street in New York City. The NYSE is responsible for setting policy, supervising member activities, listing securities, overseeing the transfer of member seats, and evaluating applicants. Unlike some of the newer exchanges, the NYSE still uses a large trading floor in order to conduct its transactions. It is here that the representatives of buyers and sellers, professionals known as brokers, meet and shout out prices at one another in order to strike a deal. This is called the open outcry system and it usually produces fair market pricing. In order to facilitate the exchange of stocks, the NYSE employs individuals called specialists who are assigned to manage the buying and selling of specific stocks and to buy those stocks when no one else will. By Barry Norman, Investors Trading Academy
WALL STREET HISTORIC FILM  NEW YORK STOCK EXCHANGE "BEHIND THE TICKER TAPE" 72892
 
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Support Our Channel : https://www.patreon.com/PeriscopeFilm Dating from 1957, "Behind the Ticker Tape" tells the story of the American Stock Exchange (now NYSE), showing how securities sales have evolved over the years, and giving a profile of the ASE at the height of its activity. NYSE MKT LLC, formerly known as the American Stock Exchange (AMEX), is an American stock exchange situated in New York City, New York. AMEX was previously a mutual organization, owned by its members. Until 1953, it was known as the New York Curb Exchange. On January 17, 2008, NYSE Euronext announced it would acquire the AMEX for $260 million in stock; on October 1, 2008, NYSE Euronext completed the acquisition. Before the closing of the acquisition, NYSE Euronext announced that the AMEX would be integrated with the Alternext European small-cap exchange and renamed the NYSE Alternext U.S. In March 2009, NYSE Alternext U.S. was changed to NYSE Amex Equities. On May 10, 2012, NYSE Amex Equities changed its name to NYSE MKT LLC. These brokers often traded stocks that were speculative in nature. With the discovery of oil in the latter half of the 19th century, even oil stocks entered into the curb market. By 1865, following the American Civil War, stocks in small industrial companies, such as iron and steel, textiles and chemicals were first sold by curbstone brokers. Efforts to organize and standardize the market started early in the 20th century under Emanuel S. Mendels and Carl H. Pforzheimer.. In 1908, the New York Curb Market Agency was established, to codify trading practices. In 1911, the curbstone brokers came to be known as the New York Curb Market, which then had a formal constitution with brokerage and listing standards. After several years of outdoor trading, the curbstone brokers moved indoors in 1921 to New York Curb Exchange Building on Greenwich Street in Lower Manhattan. In 1929, the New York Curb Market changed its name to the New York Curb Exchange. Within no time, the Curb Exchange became the leading international stock market, listing more foreign issues than all other U.S. securities markets combined. In 1953 the Curb Exchange was renamed the American Stock Exchange. Paul Kolton was named as president of the exchange in 1971, making him the first person to be selected from within the exchange to serve as its leader, succeeding Ralph S. Saul, who announced his resignation in March 1971. In November 1972, Kolton was named as the exchange's first chief executive officer and its first salaried top executive. Kolton opposed the idea of a merger with the New York Stock Exchange while he headed the exchange saying that "two independent, viable exchanges are much more likely to be responsive to new pressures and public needs than a single institution". Kolton announced in July 1977 that he would be leaving his position at the American Exchange in November of that year. The American Stock Exchange merged with the New York Stock Exchange (NYSE Euronext) on October 1, 2008.[4] Post merger, the Amex equities business was branded "NYSE Alternext US". As part of the re-branding exercise, NYSE Alternext US was re-branded as NYSE Amex Equities. On December 1, 2008, the Curb Exchange building at 86 Trinity Place was closed, and the Amex Equities trading floor was moved to the NYSE Trading floor at 11 Wall Street. We encourage viewers to add comments and, especially, to provide additional information about our videos by adding a comment! See something interesting? Tell people what it is and what they can see by writing something for example like: "01:00:12:00 -- President Roosevelt is seen meeting with Winston Churchill at the Quebec Conference." This film is part of the Periscope Film LLC archive, one of the largest historic military, transportation, and aviation stock footage collections in the USA. Entirely film backed, this material is available for licensing in 24p HD and 2k. For more information visit http://www.PeriscopeFilm.com
Views: 16103 PeriscopeFilm
Chewy opens for trading at the NYSE
 
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Shares of pet-product company Chewy begin trading at the New York Stock Exchange. Jay Ritter, business professor at the University of Florida, and CNBC's Leslie Picker and Dom Chu discuss.
Views: 942 CNBC Television
how to invest in foreign stocks like Apple, Microsoft, twitter, Facebook etc
 
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This stock market tutorial explains the procedure to invest in foreign stock markets from India. You can invest in US stock market directly as well as indirectly. Registered Now Finnovationz New Course “Basic Of Stock Market Course” ( A Complete Stock Market Course For Beginners) https://www.finnovationz.com/stock-market-course/ Graphics by: Www.Freepik.com To learn more about stock market, finance and business, visit our website: https://www.finnovationz.com Click here to watch our best video on basics of stock market: https://youtu.be/zxKURXHy6es Click here to subscribe our best fundamental analysis course: http://bit.ly/fundamentaledu To open a demat account, compare stock brokerage firms here: https://www.finnovationz.com You can follow us on: Instagram : https://www.instagram.com/finnovationzindia/ Facebook : https://www.facebook.com/FinnovationZ/ Linkedin : https://in.linkedin.com/company/finnovationz.com Twitter: https://twitter.com/finnovationz555/
Views: 61706 FinnovationZ.com
Chatting with 24 years old Verified Stock Trading Millionaire
 
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Apply to become Steven Dux’s Freedom Challenge Students ▶ http://bit.ly/2DFC0xp Steven Dux Youtube Channel ▶ https://www.youtube.com/channel/UCQO8KW89UmUxltx8pQPrDRQ? His Instagram ▶ https://www.instagram.com/stevendux_1994/ Dux-inator DVD Presale Link ▶ https://www.stevenduxi.com/high-odds-penny-trading/ Chatting with a 24-year-old *Verified* Stock Trading Millionaire "A stock trader or equity trader or share trader is a person or company involved in trading equity securities. Stock traders may be an agent, hedger, arbitrageur, speculator, stockbroker. Such equity trading in large publicly traded companies may be through one of the major stock exchanges, such as the New York Stock Exchange or the London Stock Exchange, which serve as managed auctions for stock trades. Stock shares in smaller public companies are bought and sold in over-the-counter (OTC) markets." - wikipedia Get a Beautiful Watch! ▶ http://www.itsjustawatch.com Use code "LAHWF" for 25% Off! Camera i use ▶ https://amzn.to/2ruQgST Mic i use ▶ https://amzn.to/2Ka6zM7 Other things i Use & Love ▶ https://www.amazon.com/shop/andrewhales (amazon affiliate links) Thanks For Watching Thanks For Subscribing
Views: 313830 LAHWF
Trading 101: How to Buy Stocks
 
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Trading 101: How to Buy Stocks Come join me for a live session where I talk more about trading, the markets and all the money that can be made. Claim a seat here: https://claytrader.com/1-hour-trader-transformation/ The Ultimate Guide to Finding The Best Online Stock Broker: https://claytrader.com/blog/best-online-stock-broker/ If you want to get involved in the markets, understanding how to buy stocks is a critical step. There are several different order types you can use when placing an order, all which are discussed in this beginners video.
Views: 1222864 ClayTrader
The Stock Market Explained Simply: Finance and Investing Basics - Animated Film (1957)
 
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The New York Stock Exchange (sometimes referred to as "the Big Board") provides a means for buyers and sellers to trade shares of stock in companies registered for public trading. The NYSE is open for trading Monday through Friday from 9:30 am -- 4:00 pm ET, with the exception of holidays declared by the Exchange in advance. The NYSE trades in a continuous auction format, where traders can execute stock transactions on behalf of investors. They will gather around the appropriate post where a specialist broker, who is employed by an NYSE member firm (that is, he/she is not an employee of the New York Stock Exchange), acts as an auctioneer in an open outcry auction market environment to bring buyers and sellers together and to manage the actual auction. They do on occasion (approximately 10% of the time) facilitate the trades by committing their own capital and as a matter of course disseminate information to the crowd that helps to bring buyers and sellers together. The auction process moved toward automation in 1995 through the use of wireless hand held computers (HHC). The system enabled traders to receive and execute orders electronically via wireless transmission. On September 25, 1995, NYSE member Michael Einersen, who designed and developed this system, executed 1000 shares of IBM through this HHC ending a 203 year process of paper transactions and ushering in an era of automated trading. As of January 24, 2007, all NYSE stocks can be traded via its electronic hybrid market (except for a small group of very high-priced stocks). Customers can now send orders for immediate electronic execution, or route orders to the floor for trade in the auction market. In the first three months of 2007, in excess of 82% of all order volume was delivered to the floor electronically.[23] NYSE works with US regulators like the SEC and CFTC to coordinate risk management measures in the electronic trading environment through the implementation of mechanisms like circuit breakers and liquidity replenishment points.[24] Until 2005, the right to directly trade shares on the exchange was conferred upon owners of the 1366 "seats". The term comes from the fact that up until the 1870s NYSE members sat in chairs to trade. In 1868, the number of seats was fixed at 533, and this number was increased several times over the years. In 1953, the number of seats was set at 1,366. These seats were a sought-after commodity as they conferred the ability to directly trade stock on the NYSE, and seat holders were commonly referred to as members of the NYSE. The Barnes family is the only known lineage to have five generations of NYSE members: Winthrop H. Barnes (admitted 1894), Richard W.P. Barnes (admitted 1926), Richard S. Barnes (admitted 1951), Robert H. Barnes (admitted 1972), Derek J. Barnes (admitted 2003). Seat prices varied widely over the years, generally falling during recessions and rising during economic expansions. The most expensive inflation-adjusted seat was sold in 1929 for $625,000, which, today, would be over six million dollars. In recent times, seats have sold for as high as $4 million in the late 1990s and as low as $1 million in 2001. In 2005, seat prices shot up to $3.25 million as the exchange entered into an agreement to merge with Archipelago and become a for-profit, publicly traded company. Seat owners received $500,000 in cash per seat and 77,000 shares of the newly formed corporation. The NYSE now sells one-year licenses to trade directly on the exchange. Licences for floor trading are available for $40,000 and a licence for bond trading is available for as little as $1,000 as of 2010.[25] Neither are resell-able, but may be transferable in during the change of ownership of a cooperation holding a trading licence. On February 15, 2011 NYSE and Deutsche Börse announced their merger to form a new company, as yet unnamed, wherein Deutsche Börse shareholders will have 60% ownership of the new entity, and NYSE Euronext shareholders will have 40%. On February 1, 2012, the European Commission blocked the merger of NYSE with Deutsche Börse, after commissioner Joaquin Almunia stated that the merger "would have led to a near-monopoly in European financial derivatives worldwide".[38] Instead, Deutsche Börse and NYSE will have to sell either their Eurex derivatives or LIFFE shares in order to not create a monopoly. On February 2, 2012, NYSE Euronext and Deutsche Börse agreed to scrap the merger.[39] In April 2011, IntercontinentalExchange (ICE), an American futures exchange, and NASDAQ OMX Group had together made an unsolicited proposal to buy NYSE Euronext for approximately US$11 billion, a deal in which NASDAQ would have taken control of the stock exchanges.[40] NYSE Euronext rejected this offer two times, but it was finally terminated after the United States Department of Justice indicated their intention to block the deal due to antitrust concerns. http://en.wikipedia.org/wiki/New_York_Stock_Exchange
Views: 615162 The Film Archives
Breaking News: New York Stock Exchange To Start Trading Bitcoins
 
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Breaking News: New York Stock Exchange To Start Trading Bitcoins Subscribe: http://bit.ly/CryptoCoinNewsYT The New York Times has reported that Intercontinental Exchange Inc., the parent company of the New York Stock Exchange, has been developing an online trading platform which would allow investors to buy and hold Bitcoin. The company follows others such as Goldman Sachs which also announced its intention to open a Bitcoin trading platform. This interest among Wall Street power brokers marks a new chapter in the volatile history of Bitcoin, making it more mainstream and accessible. Other financial exchanges such as the Chicago Mercantile Exchange, have already created financial products linked to the price of Bitcoin, known as futures, but the new platform developed within Wall Street would provide direct access to it by putting the actual tokens in the customer’s account at the end of the trade.
Views: 17354 CryptoCoin.News
How to Invest in US Stock Market - BUY GOOGLE, AMAZON, APPLE, FACEBOOK, TWITTER
 
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How to invest in US Stock Market? or How to buy the shares of Google, Amazon, Apple, Twitter or Facebook etc. are some of the most common queries of investors who would like to invest in foreign stocks. You can invest through either of the following 4 routes 1. Open Overseas Trading Account with the Domestic Brokers like ICICI Direct, Kotak Securities, Indiainfoline, Reliance Money, Religare etc. These domestic brokers have a tie-up with foreign brokers. An investor should keep in mind that you will not get margin i.e. margin trading and short selling is not allowed. 2. You can also open a trading account with Foreign Brokers like Charles Schwab, Interactive Brokers etc. Before opening a trading account, you should compare the brokerages and currency conversion charges. 3. You can invest through international mutual funds like Franklin US Opportunities Fund, ICICI US Bluechip Equity Fund, DSP Blackrock, US Flexible, Equity Fund etc. 4. You can also invest through ETF like Motilal Oswal NASDAQ 100 ETF. You should understand the risks involved like currency movement, the stock analysis is also important as you should understand the local factors and capital gain tax liability. You should also check the difference between indices like Dow Jones Industrial Average, S&P 500 and NASDAQ. If you liked this video, You can "Subscribe" to my YouTube Channel. The link is as follows https://goo.gl/nsh0Oh By subscribing, You can daily watch a new Educational and Informative video in your own Hindi language. For more such interesting and informative content, join me at: Website: http://www.nitinbhatia.in/ T: http://twitter.com/nitinbhatia121 G+: https://plus.google.com/+NitinBhatia #NitinBhatia
Views: 85649 Nitin Bhatia
Chatting with a 23-year-old Stock Trading Millionaire
 
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Umar's insta ▶ https://www.instagram.com/umarashraf/ Book he recommends on Stock Trading ▶ https://amzn.to/2LwshtV Chatting with Another Stock Trading Millionaire ▶ https://www.youtube.com/watch?v=PbbsNsdwjLM&t=952s Chatting with a 23-year-old Stock Trading Millionaire interview "A stock trader or equity trader or share trader is a person or company involved in trading equity securities. Stock traders may be an agent, hedger, arbitrageur, speculator, stockbroker. Such equity trading in large publicly traded companies may be through one of the major stock exchanges, such as the New York Stock Exchange or the London Stock Exchange, which serve as managed auctions for stock trades. Stock shares in smaller public companies are bought and sold in over-the-counter (OTC) markets." - wikipedia Get a Beautiful Watch! ▶ http://www.itsjustawatch.com Use code "LAHWF" for 25% Off! Song at the end: "This is a Jazz Space" - Midnight North (youtube audio library) Camera i use ▶ https://amzn.to/2ruQgST Mic i use ▶ https://amzn.to/2Ka6zM7 Other things i Use & Love ▶ https://www.amazon.com/shop/andrewhales (amazon affiliate links) If you're in LA or visiting soon and would like to come on the show please e-mail me at [email protected] - I'm open to just about anything! Let's Chat :) Thanks For Watching Thanks For Subscribing
Views: 2650517 LAHWF
Ride-sharing service Uber opens on the New York Stock Exchange
 
01:04
Uber is gearing up to set sail as a public company. It will trade on the New York Stock Exchange under the ticker Uber. The company is trying to avoid what happened to rival Lyft which saw its stock trade mostly lower since its debut on the NASDAQ. Uber's listing is expected to be the biggest tech IPO of the year. For more info, please go to http://www.globalnews.ca Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc Like Global News on Facebook HERE: http://bit.ly/255GMJQ Follow Global News on Twitter HERE: http://bit.ly/1Toz8mt Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB #GlobalNews #Uber #NYSE
Views: 1966 Global News
9 Difference Between Nasdaq And Nyse
 
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1. Nyse founded in the year 1792. The NASDAQ was founded in the year 1971 by the NASDAQ OMX Group. 2. Although the NYSE leads the stock market in market capitalization, the NASDAQ is the leader when it comes to market share and the sheer volume traded. 3. The Nasdaq is a dealer's market, wherein market participants are not buying from and selling to one another directly but through a dealer, who, in the case of the Nasdaq, is a market maker. The NYSE is an auction market, wherein individuals are typically buying and selling between one another, and there is an auction occurring. 4. The Nasdaq is typically known as a high-tech market, attracting many of the firms dealing with the internet or electronics. 5. The companies on NYSE are perceived to be less volatile.  6. The entry fee a company can expect to pay on the NYSE is up to $500,000 while on the Nasdaq, it is only $50,000 to $75,000. 7. The market capitalization in the same year for the NYSE was $16.6 trillion and for the NASDAQ was $8.5 trillion.  8. The following lists a few of the indices of both the companies: NYSE Indices: The Dow Jones Industrial Average, the NYSE Composite, and NYSE Equity Indices.NASDAQ Indices: The NASDAQ Composite, NASDAQ Biotechnology, and NASDAQ-100. 9. The Nasdaq exchange was listed as a publicly-traded corporation, while the NYSE was private. This all changed in March 2006 when the NYSE went public after being a not-for-profit exchange for nearly 214 years.
Views: 3264 Patel Vidhu
Square Debuts On The New York Stock Exchange
 
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Trading as $SQ, the payments company opened at $11.20 per share and continued climbing. Last night the company priced its IPO at $9, an offering that raised $243 million and valued the company at around $2.9 billion. Drew Olanoff & Katie Roof talk about Square's IPO and what it means for investors. Subscribe to TechCrunch today: http://bit.ly/18J0X2e TechCrunch is a leading technology media property, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.
Views: 3416 TechCrunch
Hilton Worldwide Returns to the New York Stock Exchange
 
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To celebrate its return to the New York Stock Exchange on December 12, 2013, Hilton Worldwide transformed the New York Stock Exchange to display some of the very best of the company's more than 4,000 hotels. Sharing the light and warmth of hospitality, door and bell team members welcomed everyone at the entrances and food and beverage team members served breakfast on the trading floor. Traders also donned special edition Hilton Worldwide -- NYSE listed bathrobes to mark the occasion. President and CEO Christopher J. Nassetta celebrated the company's listing by ringing The Opening Bell® on December 13 along with seven hotel team members and executives from the company as well as majority shareholder Blackstone.
Views: 18770 Hilton
Revolve co-CEOs on the company's IPO and on trade
 
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Revolve co-CEOs Mike Karanikolas and Michael Mente join "Squawk Alley" as the company begins trading at the New York Stock Exchange. They discuss the company's IPO and the impact of trade tensions.
Views: 894 CNBC Television
What It's Like To Be The Youngest Woman Equity Trader In The New York Stock Exchange
 
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Lauren Simmons, an equity trader for Rosenblatt Securities, is the youngest woman to be a full-time broker in the New York Stock Exchange. She's only the second African-American female broker in the Exchange's 226-year history. According to a 2017 study by Stanford University, men comprise 75% of the wealth management field and fill more than 80% of leadership roles. ------------------------------------------------------ #StockExchange #LarenSimmons #BusinessInsider Business Insider tells you all you need to know about business, finance, tech, retail, and more. Subscribe to our channel and visit us at: https://read.bi/7XqUHI BI on Facebook: https://read.bi/2xOcEcj BI on Instagram: https://read.bi/2Q2D29T BI on Twitter: https://read.bi/2xCnzGF -------------------------------------------------- What It's Like To Be The Youngest Woman Equity Trader In The New York Stock Exchange
Views: 409416 Business Insider
Uber begins trading at $42 per share after pricing at $45
 
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Uber (UBER) officially began trading Friday on the New York Stock Exchange, but stumbled out of the gate as its stock dropped below its $45 initial public offering price. In Uber’s first test of whether it can transition from Silicon Valley unicorn to a publicly traded company while winning over a skeptical, volatile market, the stock — which priced at $45 on Thursday — gradually drifted lower from the $46-$48 indicated range prior the open. In its first trade, Uber hit the market at $42 per share on the New York Stock Exchange (NYSE), effectively crashing out of the preferred range that it listed for its IPO of between $44 to $50. In an interview with Yahoo Finance, NYSE COO John Tuttle said the first trade would be determined by a list of factors. “I think a lot of things go into pricing an IPO. Market conditions and how two comparable companies perform in the market are two variables that are considered,” Tuttle said. That comparable company he’s referring to is ride-hailing competitor Lyft (LYFT). Uber’s offering is the most eagerly anticipated of a wave of technology IPOs expected to hit markets this year. Yet the company has become the victim of circumstances beyond its control, with markets being roiled by fears of a U.S.-China trade war. Meanwhile, Lyft’s disappointing stock debut has clouded Uber’s prospects. Lyft’s maiden voyage as a public company in March immediately hit rough shoals: The stock opened near $90, but quickly sank to a low of $52.78. On Friday, its stock hit a record low, underscoring investor skepticism about how either company will make money in the near term. Lyft’s woes — combined with the fact that virtually none of the tech unicorns are profitable at this juncture — is adding to Uber’s challenge. The company burned through $1 billion in the first quarter of 2019, Uber recently revealed in a regulatory filing, and has yet to chart a path toward making a profit. “Reading the S-1 filings of these companies has been an eye-opening experience,” analysts at Bernstein noted last month. Ride sharing accounts for just a sliver of U.S. vehicle miles traveled, which “is simultaneously the bull case and bear case here for these companies. Bulls on mobility services can claim almost limitless potential for penetration upside,” Bernstein said. However, “Uber and Lyft each took almost a decade to get to their present scale, are seeing growth slow, and incinerate cash at impressive rates while showing modest operating leverage,” the firm added — all of which matters now that both have to report their business conditions on a regular basis. For more on the Uber IPO click; https://finance.yahoo.com/news/uber-ipo-to-begin-trading-on-nyse-135445721.html Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Connect with Yahoo Finance: Get the latest news: https://yhoo.it/2fGu5Bb Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Views: 2137 Yahoo Finance
How the Stock Market Works
 
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http://www.incomeinvesthome.com/free/ Go there now for free report on 7 Reasons to Invest for Income -- Now More Than Ever. Put your money to work. This old but funny video explains basics of how companies go public and sell stock to investors. A basic primer of the capitalist system and how it is making our lives better. When we remember the basic purpose of the stock market, we can better understand why income investments are the best. Good companies use our initial capital to create goods that are in demand. Buying and selling feverishly is inefficient and not effective.
Views: 1578526 incomeinvestor
Chatting with Another 23-year-old Stock Trading Millionaire
 
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Ricky Gutierrez Channel ▶ https://bit.ly/2HOgEN4 Watch Ricky trade live everyday ▶ https://learnplanprofit.net/landing-page-version1 First Stock Trader Video with Umar ▶ https://www.youtube.com/watch?v=4zhco2PA-TM&t=1059s Chatting with another 23-year-old Stock Trading Millionaire interview "A stock trader or equity trader or share trader is a person or company involved in trading equity securities. Stock traders may be an agent, hedger, arbitrageur, speculator, stockbroker. Such equity trading in large publicly traded companies may be through one of the major stock exchanges, such as the New York Stock Exchange or the London Stock Exchange, which serve as managed auctions for stock trades. Stock shares in smaller public companies are bought and sold in over-the-counter (OTC) markets." - wikipedia Get a Beautiful Watch! ▶ http://www.itsjustawatch.com Use code "LAHWF" for 25% Off! Camera i use ▶ https://amzn.to/2ruQgST Mic i use ▶ https://amzn.to/2Ka6zM7 Other things i Use & Love ▶ https://www.amazon.com/shop/andrewhales (amazon affiliate links) Thanks For Watching Thanks For Subscribing
Views: 613290 LAHWF
Dynex Capital Marks 25 Years of Trading on the New York Stock Exchange
 
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Executives and guests of Glen Allen, Va.-based Dynex Capital, will visit the New York Stock Exchange (NYSE) and ring The Closing Bell® to commemorate the company's 25th anniversary of trading on the NYSE. To mark the occasion, Byron L. Boston, Chief Executive Officer and President, will ring the NYSE Closing Bell. About Dynex Capital (NYSE: DX) Dynex Capital, Inc. is an internally managed real estate investment trust, or REIT, which invests in mortgage assets on a leveraged basis. The Company invests in Agency and non-Agency RMBS and CMBS. The Company also has investments in securitized single-family residential and commercial mortgage loans originated by the Company from 1992 to 1998. Additional information about Dynex Capital, Inc. is available at www.dynexcapital.com. IR contact: Alison Griffin (804) 217-5836
Understanding the Derivatives Market: New York Stock Exchange Deutsche Börse Merger (2011)
 
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Deutsche Börse AG (German pronunciation: [ˈdɔʏtʃə ˈbœʁzə]) or the Deutsche Börse Group, is a marketplace organizer for the trading of shares and other securities. It is also a transaction services provider. It gives companies and investors access to global capital markets. It is a joint stock company and was founded in 1993. The headquarters are in Frankfurt. As of December 2010, the over 765 companies listed had a combined market capitalization of EUR 1.4 trillion. On 1 October 2014, Deutsche Börse AG became the 14th announced member of the United Nations Sustainable Stock Exchanges initiative. Since 2007 Deutsche Börse operates the joint venture Scoach with SIX Swiss Exchange to provide a European derivative trading platform. In 2001, Deutsche Börse tried to merge with the London Stock Exchange, followed by a takeover bid in late 2004, both rejected by LSE.[4] After CEO Werner Seifert was forced to resign by the main shareholders in 2005, Deutsche Börse changed plans and entered into advanced negotiations for a merger with Euronext which would have brought two of the biggest stock exchanges in Europe into one holding. The New York Stock Exchange beat out Deutsche Börse's final bid for Euronext in 2006. On 7 December 2008, Deutsche Börse rebuffed rumors that it might join with NYSE Euronext (the company formed as a result of the merger of NYSE and Euronext) to create the world's leading stock exchange.[5] While the company claims that it pursued the matter, on 8 December 2008, it reported that talks which began on 25 November 2008, were closed without any result due to differences in valuation of the company.[6] Deutsche Börse had also considered the acquisition again in 2009. On 9 February 2011, reports suggested that NYSE Euronext and Deutsche Börse were in advanced talks about an all-stock merger.[7] Deutsche Börse was in advanced talks to buy NYSE Euronext in a deal that would create the world's largest trading powerhouse. The shares of both companies were temporarily frozen on the news due to the risk of large price movements and clarifications of the deal. A successful deal would see the new company becoming the world's largest stock exchange operator with a market capitalisation of listed companies equal to US$15 trillion, US$13.39 trillion of which is part of the much larger NYSE Euronext, which is approximately six times the size of Deutsche Börse. President and deputy CEO of NYSE Euronext Dominique Cerutti would become the new company's president and head of commercial and internal technology. Roland Bellegarde, also of NYSE Euronext, would become the head of European cash equities. The new company would potentially have 300 million euros (US$410 million) in cost savings. However, the merger would be subject to review in both the United States and European Union under concerns it could create a "de facto monopoly".[8] NYSE Euronext shareholders approved the Deutsche Börse’s all-stock deal on 7 July 2011,[9] and Deutsche Börse shareholders had accepted the deal by 15 July 2011.[10] On 22 December 2011, Deutsche Boerse won U.S. antitrust approval to buy NYSE Euronext, on the condition that a Deutsche Börse subsidiary, the International Securities Exchange, divest its 31.5% interest in Direct Edge.[11] NYSE Euronext and Deutsche Boerse AG delayed the deadline for completing their merger until 31 March 2012, as the exchange operators try to persuade European regulators to approve the deal.[12] The European Commission blocked the merger on 1 February 2012, citing the fact that the merged company would have a near monopoly.[13] This measure taken by the EC is the fourth blocking in over a decade.[14] The commission rejected the merger on antitrust grounds, saying the combined businesses would dominate Europe's on-exchange derivatives trading with an estimated 93% market share. "This is a black day for Europe and its global competitiveness on financial markets", said Deutsche Börse chief executive Reto Francioni. NYSE Euronext chairman Jan-Michiel Hessels said: "While we are disappointed and strongly disagree with the EU decision, which is based on a fundamentally different understanding of the derivatives market, it is now time to move on". http://en.wikipedia.org/wiki/Deutsche_B%C3%B6rse
Views: 2388 Way Back
Stock Market for Beginners | by Wall Street Survivor
 
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Are you a stock market beginner? The stock market exists so that companies can raise money without incurring any debt (such is the case of a loan). They issue shares of their company to the public in what is known as an Initial Public Offering (IPO). Investors buy and sell these shares (or stocks) to one another on the stock exchange, thus making stock prices move up and down. If there are more people buying a stock than people selling it, the price goes up with the demand. If more people are selling than there are people buying a stock, that’s a sign that the company is unfavorable to own and the stock price drops. A stock exchange is where investors trade their shares of companies to one another. That’s why stock prices are constantly changing. Stock exchanges bring all these investors together, so that trades happen in a central and regulated place.There are hundreds of stock exchanges all over the world. In the U.S., the top stock exchanges are the New York Stock Exchange (NYSE), the NASDAQ, and the American Stock Exchange (AMEX). Each of these exchanges have different companies trading on them. For example, NASDAQ is known for technological companies. Most of the tech stocks out there trade on the NASDAQ stock exchange. Learn more about how to get started in the stock market here: http://courses.wallstreetsurvivor.com/is/10-getting-started-in-the-stock-market/
Views: 195099 Wall Street Survivor
How The Stock Market Works [ Understand In 5 MINUTES ]
 
04:46
When you buy a stock, you're buying a piece of the company. When a company needs to raise money, it issues shares. This is done through an initial public offering (IPO), in which the price of shares is set based how much the company is estimated to be worth, and how many shares are being issued. The company gets to keep the money raised to grow its business, while the shares (also called stocks) continue to trade on an exchange, such as the New York Stock Exchange (NYSE). Traders and investors continue to buy and sell the stock of the company on the exchange, although the company itself no longer receives any money from this type of trading. The company only receives money from the IPO. ==================================================== 💰Get a Coinbase Wallet! - https://www.coinbase.com/join/5a4bf2558441a304a0c1c801- Sign up! ➤Security Analysis: https://www.youtube.com/watch?v=PuRVx5iQvyA ➤One Up ON Wall Street: https://www.youtube.com/watch?v=PW_k9aPr7hI ➤The intelligent Investor: https://www.youtube.com/watch?v=h_25KuECJos&t=182s ==================================================== How Does Stock Market Work | how do stocks work | what is stock market | how to invest in stock market | how stock exchange works | stock market basics | how does stock trading work | how stock trading works | how does investing in stocks | how do stocks and shares work | how does buying stock work | global stock market | online trading | forex trading | online stock trader | how to buy stock | stock market trading | day trading | options trading | how stock market works for dummies
Views: 6380 Aimstone
Jumia listed on New York Stock Exchange
 
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Online trading company Jumia is seeking to use its listing on the New York Stock Exchange to grow its business across Africa. Jumia Kenya Chief Executive Officer Sam Chapatte says the firm will be looking to work more with Kenyan firms in offering a wide range of products and services. Jumia which is active in fourteen African countries, officially listed on the New York Stock Exchange on Friday last week. Citizen TV is Kenya's leading television station commanding an audience reach of over 60% and in its over 12 years of existence as a pioneer brand for the Royal Media Services (RMS), it has set footprints across the country leaving no region uncovered. This is your ideal channel for the latest and breaking news, top stories, politics, business, sports, lifestyle and entertainment from Kenya and around the world. Follow us: http://citizentv.co.ke https://twitter.com/citizentvkenya https://www.facebook.com/Citizentvkenya https://plus.google.com/+CitizenTVKenya https://instagram.com/citizentvkenya
Views: 566 Kenya CitizenTV
Amcor Celebrates Listing on the New York Stock Exchange
 
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On June 28, 2019, leaders from Amcor rang the Opening Bell® in celebration of the company’s listing on the New York Stock Exchange (NYSE). After completing the acquisition of Bemis Company Inc., Amcor began trading on the NYSE on June 11, 2019, under the ticker symbol “AMCR” and on the Australian Securities Exchange under the ticker “AMC.” Amcor is included in both the S&P 500 and the S&P/ASX indices. Amcor’s Chief Executive Officer, Ron Delia, described ringing the Opening Bell® as a signal of an exciting new chapter for Amcor and its stakeholders. “Combining Amcor and Bemis and listing on the NYSE has created tremendous opportunities for our company, our customers, our investors and the environment. We are uniquely positioned to satisfy the evolving needs of consumers and develop innovative packaging that helps our customers to grow,” said Mr. Delia. Find out more at www.amcor.com
Views: 1278 AmcorPackaging
1929 Stock Market Crash and the Great Depression - (Documentary)
 
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Brief History of that other economic designed crash of 1929 BBC documentary On October 29, 1929, Black Tuesday hit Wall Street as investors traded some 16 million shares on the New York Stock Exchange in a single day. Billions of dollars were lost, wiping out thousands of investors. In the aftermath of Black Tuesday, America and the rest of the industrialized world spiraled downward into the Great Depression (1929-39), the deepest and longest-lasting economic downturn in the history of the Western industrialized world up to that time. 1929 Stock Market Crash During the 1920s, the U.S. stock market underwent rapid expansion, reaching its peak in August 1929, after a period of wild speculation. By then, production had already declined and unemployment had risen, leaving stocks in great excess of their real value. Among the other causes of the eventual market collapse were low wages, the proliferation of debt, a struggling agricultural sector and an excess of large bank loans that could not be liquidated. Stock prices began to decline in September and early October 1929, and on October 18 the fall began. Panic set in, and on October 24, Black Thursday, a record 12,894,650 shares were traded. Investment companies and leading bankers attempted to stabilize the market by buying up great blocks of stock, producing a moderate rally on Friday. On Monday, however, the storm broke anew, and the market went into free fall. Black Monday was followed by Black Tuesday (October 29), in which stock prices collapsed completely and 16,410,030 shares were traded on the New York Stock Exchange in a single day. Billions of dollars were lost, wiping out thousands of investors, and stock tickers ran hours behind because the machinery could not handle the tremendous volume of trading. 1929 Stock Market Crash and the Great Depression After October 29, 1929, stock prices had nowhere to go but up, so there was considerable recovery during succeeding weeks. Overall, however, prices continued to drop as the United States slumped into the Great Depression, and by 1932 stocks were worth only about 20 percent of their value in the summer of 1929. The stock market crash of 1929 was not the sole cause of the Great Depression, but it did act to accelerate the global economic collapse of which it was also a symptom. By 1933, nearly half of America’s banks had failed, and unemployment was approaching 15 million people, or 30 percent of the workforce. Trading Strategies Live Trade Coaching Binary Options CFD's Futures Equities Commodities FX
Views: 485384 TradingCoachUK
Stock Delisted. Good or Bad!? 🙁
 
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What happens when a stock gets de-listed from a stock exchange like the LSE? http://www.financial-spread-betting.com/strategies/strategies-tips.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! What happens to delisted shares? Every stock exchange has specific criteria that must be met for companies to stay listed on the exchange. So for instance Nasdaq or the London Stock Exchange might have different rules. Rules like a company needs to have good financial standing, is reputable and transparent with documentation and stuff... So for instance the New York Stock Exchange (NYSE) has requirements like: - minimum number of shareholders - minimum market cap - minimum share price - for instance the NYSE has a rule like if a stock trades under a dollar for 30 consecutive day, then its out. - document filing; companies have to file documentation on time and be transparent about it What happens if a stock gets delisted? We have a voluntary delisting and this could be good. But it could also be involuntarily delisted which is usually bad. But keep in mind that you still own the shares; you just can't sell them on the exchange. They might move to over-the-counter trading and transactions would be facilitated by market makers.
Views: 1630 UKspreadbetting
Stock exchanges
 
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(Today, this is somewhat outdated...) The NYSE Another way of looking at stocks is by where the stocks are traded. Most of the large blue chip stocks are traded on the New York Stock Exchange. The NYSE, also called the Big Board, lists about 3,000 firms, including many foreign companies. The NYSE uses an auction method of trading stocks where a so-called specialist matches buy and sell orders. AMEX This method of trading stocks is also seen on the American Stock Exchange, or AMEX. The AMEX is smaller than the NYSE, and the AMEX lists a relatively large number of energy companies. NASDAQ The Big Board's main competitor, however, is the NASDAQ market. Although NASDAQ lists 5,000 companies, or 2,000 more companies than the NYSE, the total market capitalization of the Big Board is larger than NASDAQ. This is because NASDAQ lists smaller, newer companies. However, many multi-billion dollar companies like Intel and Microsoft are listed on NASDAQ. NASDAQ, however, uses a different method of trading stocks. Unlike the NYSE, NASDAQ does not use specialists to match buy and sell orders. Instead, NASDAQ features a number of so-called market makers. These market makers must offer bid and ask prices for those stocks that they make a market in. A number of market makers are supposed to maintain an orderly and competitive market, and market makers can keep inventories of stocks. In fact, the ability to buy and sell stocks from their inventory gives market makers a good chance to make money. The over-the-counter market In addition to the NASDAQ, there's the so-called over-the-counter market. This market includes nearly 30,000 publicly traded companies, but the trading volume of these stocks is low. Prices of these stocks used to be published on pink paper, so these stocks are still sometimes called pink sheet stocks. These stocks aren't listed on any of the major exchanges, but they are still publicly traded. Many of these stocks are low-priced, so-called penny stocks. Penny stocks If you ever get a cold call from a broker trying to sell you a fast-rising but unknown company, think twice before buying the stock. Many of these stocks are thinly traded, so it's easy for a few people to ramp up the price of the stock by trading the stock amongst themselves. This can produce spectacular price increases, and provides evidence that the stock can "only go up". On the way up the original investors cash out as pushy brokers sell the stock to outside investors who provide the escape mechanism. However, after the original speculators leave, trading volume in the stock dries up, and the outsiders are left holding expensive shares that they can't sell to anyone at any price. There are many excellent, small companies that aren't listed on the major stock exchanges, but unless you know what you're doing here's a good piece of advice : Don't buy any stock whose value you can't determine by looking it up in your local newspaper. Copyright 1997 by David Luhman http://moneyhop.com/scripts/stocks/095-stock-exchanges
Views: 621 MoneyHop.com
The Direct Listing Process for Trading on NASDAQ and NYSE
 
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The Direct Listing Process for Trading on NASDAQ and NYSE- NASDAQ has allowed for a direct listing although historically it has rarely been used. The process to achieve a direct listing on NASDAQ is substantially the same as OTC Markets with some key differences. This section will only discuss the differences. The biggest difference is that when completing a direct listing onto an exchange, the exchange issues a trading symbol upon effectiveness of the registration statement and filing of an 8-A, and the shares are then available to be sold by the selling stockholders at prevailing market prices. An S-1 registration statement is a registration statement filed under the Securities Act of 1933. In order to qualify to trade on a national exchange, a company must also be registered under the Securities Exchange Act of 1934. This is not a requirement for OTC Markets. A Form 8-A is a simple (generally 2-page) Exchange Act registration form used instead of a Form 10 for companies that have already filed the substantive Form 10 information with the SEC (generally through an S-1). When the Form 8-A is for registration with a national securities exchange under Section 12(b) of the Exchange Act, the 8-A becomes effective on the later of the day the 8-A if filed, the day the national exchange files a certification with the SEC confirming the listing, or the effective date of the S-1 registration statement. An NYSE direct listing follows the same process on NASDAQ; however, previously NYSE rules required an underwriter to determine or at least sign off on valuation in connection with an initial public offering. On February 2, 2018, the SEC approved a proposed rule change by the NYSE to allow a company that had not previously been registered with the SEC and which is not being listed as part of an underwritten initial public offering, to apply for and if qualified, trade on the NYSE. The amended rules modify the provisions relating to qualification of companies listing without a prior Exchange Act registration in connection with an underwritten initial public offering and amend Exchange rules to address the opening procedures on the first day of trading of such securities. The rule amendments modify the determination of market value such that the NYSE has discretion to determine that a company meets the minimum market value requirements for a listing based on an independent third-party valuation. #LegalAndComplianceLLC
UK: LONDON: STOCK EXCHANGE WATCHES WALL STREET ANXIOUSLY
 
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English/Nat Investors and dealers in London were anxiously watching events on Wall Street on Tuesday afternoon as the Dow Jones index fell further. A nervous City saw shares in leading British companies bounce back once trading started in New York. The Financial Times Stock Exchange 100 index of British blue chips slipped close to the day's lowest levels when 132 (b) billion dollars was wiped off shares in a 457 points fall in the minutes before Wall Street opened at 1430 G-M-T. But within 10 minutes of U-S trading resuming the FTSE recovered and was showing a fall of 376.9 points, down to 4-thousand-471.9. London newspapers carried the story of a meltdown on stock markets on Tuesday as they suffered their most drastic crisis since 1987's Black Monday. The market braced itself for the worst as Wall Street reopened at 1430 G-M-T, following the seven per cent slide that triggered its early closing on Monday. But a nervous City saw shares in leading British companies bounce back after sliding in advance of trading opening in New York. The U-K's Financial Times Stock Exchange 100 index of British blue chips fell by more than nine per cent in the first half hour of trading on Tuesday morning. At 1240 G-M-T the FTSE 100 had dropped by 6.69 per cent - down 324 points at 4-thousand-516 after falling more than nine per cent early in the session. Analysts cited turmoil in Hong Kong as the main trigger, although they said a meltdown was waiting to happen, with stock markets in general being overvalued. The chief executive of the London International Financial Futures Exchange explained what was happening. SOUNDBITE: (English) "There's a lot of volatility. There's a lot of price changes, which means a lot of volume. People want to hedge their positions. It's all to do with the atmosphere of uncertainty. If stock markets fall it creates an atmosphere of uncertainty. It also creates a bearish mood, a mood of pessimism. That's what is being reflected here. You see a mood of pessimism coming over bond markets, which means that the markets which relate to bond markets - the derivative markets of bond markets - are actually in a pessimistic mood, and they start falling too." SUPER CAPTION: Daniel Hodson, Chief Executive, London International Financial Futures Exchange At NatWest Stockbrokers in London workers braced themselves for the opening of the New York Stock Exchange. The Financial Times Stock Exchange 100 index of British blue chips slipped close to the day's lowest levels when 132 (b) billion dollars was wiped off shares in a 457 points fall in the minutes before Wall Street opened at 1430 G-M-T. Within 10 minutes of U-S trading resuming the FTSE recovered and was showing a fall of 376.9 points, down to 4-thousand-471.9. But the head of research at NatWest Stockbrokers said the bottom of the downturn may not yet have been reached. SOUNDBITE: (English) "When sentiment turns we do have a vicious downward spiral. What we're now waiting for is a sign that that downward spiral is petering out and the bottom has been reached, but at the moment there's not sign of it." SUPER CAPTION: Jeremy Batstone, Head of Research, NatWest Stockbrokers But while some City people chose to contemplate the ups and downs of the trading day and the risks involved, others were happy to skate on slighter thicker ice. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/ff0851b7a67881e31a29f8b03aad17f6 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 6242 AP Archive
Bausch Health Companies Inc. Rings the NYSE Closing Bell
 
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The New York Stock Exchange welcomes Bausch Health Companies Inc. (NYSE:BHC) to highlight their first day of trading with their new name & ticker symbol. To honor the occasion, Joseph C. Papa, Chairman & CEO, rings The Closing Bell.
How Does the New York Stock Exchange Work, Make Money? Trading Floor (1998)
 
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On February 15, 2011 NYSE and Deutsche Börse announced their merger to form a new company, as yet unnamed, wherein Deutsche Börse shareholders will have 60% ownership of the new entity, and NYSE Euronext shareholders will have 40%. On February 1, 2012, the European Commission blocked the merger of NYSE with Deutsche Börse, after commissioner Joaquin Almunia stated that the merger "would have led to a near-monopoly in European financial derivatives worldwide".[46] Instead, Deutsche Börse and NYSE will have to sell either their Eurex derivatives or LIFFE shares in order to not create a monopoly. On February 2, 2012, NYSE Euronext and Deutsche Börse agreed to scrap the merger.[47] In April 2011, Intercontinental Exchange (ICE), an American futures exchange, and NASDAQ OMX Group had together made an unsolicited proposal to buy NYSE Euronext for approximately US$11 billion, a deal in which NASDAQ would have taken control of the stock exchanges.[48] NYSE Euronext rejected this offer twice, but it was finally terminated after the United States Department of Justice indicated their intention to block the deal due to antitrust concerns.[48] In December 2012, it was announced that ICE had proposed to buy NYSE Euronext in a stock swap with a valuation of $8 billion.[6][48] NYSE Euronext shareholders would receive either $33.12 in cash, or $11.27 in cash and approximately a sixth of a share of ICE. The Chairman and CEO of ICE, Jeffrey Sprecher, will retain those positions, but four members of the NYSE Board of Directors will be added to the ICE board. Many of the people who ring the bell are business executives whose companies trade on the exchange. However, there have also been many famous people from outside the world of business that have rung the bell. Athletes such as Joe DiMaggio of the New York Yankees and Olympic swimming champion Michael Phelps, entertainers such as rapper Snoop Dogg and members of the band Kiss, and politicians such as Mayor of New York City Rudy Giuliani and President of South Africa Nelson Mandela have all had the honor of ringing the bell. Two United Nations Secretaries General have also rung the bell. On April 27, 2006, Secretary-General Kofi Annan rang the opening bell to launch the United Nations Principles for Responsible Investment.[51] On July 24, 2013, Secretary-General Ban Ki-moon rang the closing bell to celebrate the NYSE joining the United Nations Sustainable Stock Exchanges initiative.[52] In addition there have been many bell-ringers who are famous for heroic deeds, such as members of the New York police and fire departments following the events of 9/11, members of the United States Armed Forces serving overseas, and participants in various charitable organizations. There have also been several fictional characters that have rung the bell, including Mickey Mouse, the Pink Panther, Mr. Potato Head, the Aflac Duck, and Darth Vader. The New York Stock Exchange (NYSE), sometimes known as the "Big Board",[4] is an American stock exchange located at 11 Wall Street, Lower Manhattan, New York City, New York, United States. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$19.69 trillion as of May 2015.[5] The average daily trading value was approximately US$169 billion in 2013. The NYSE trading floor is located at 11 Wall Street and is composed of 21 rooms used for the facilitation of trading. A fifth trading room, located at 30 Broad Street, was closed in February 2007. The main building and the 11 Wall Street building were designated National Historic Landmarks in 1978. The NYSE is owned by Intercontinental Exchange, an American holding company it also lists (NYSE: ICE). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with the fully electronic stock exchange Euronext.[6] NYSE and Euronext now operate as divisions of Intercontinental Exchange. The NYSE has been the subject of several lawsuits regarding fraud or breach of duty[7][8] and in 2004 was sued by its former CEO for breach of contract and defamation. https://en.wikipedia.org/wiki/New_York_Stock_Exchange
Views: 661 Way Back
LIVE - Floor of the NYSE! Apr. 26, 2019 Financial News - Business News - Stock News - Market News
 
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Financial News - Business News - Stock News - Market News - Stock Exchange CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2019 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2019 On Monday existing home sales for March declined 4.9% to an annualized 5.21 million units and U.S. crude surged 2.7% to $65.70 a barrel after the Trump administration decided to revoke special waivers allowing some countries to purchase Iranian oil. On Tuesday, new home sales for March rose 4.5% to an annualized 692,000 units, stronger than expected. Earnings season is in full swing and some better than expected results pushed the S&P 500 and Nasdaq Composite to close at record highs. On Wednesday the EIA petroleum status report for the week ending April 19th saw crude oil inventory rise 5.5 million barrels. Ten-year Treasuries yielded 2.52% falling on concerns of a global slowdown as German business sentiment declined in April as well as news that China might slow stimulus in favor of structural changes to its economy. On Thursday durable goods orders for March rose an unexpectedly strong 2.7% compared to the prior month’s 1.1% decline and jobless claims for the week ending April 20th surged 37,000 to 230,000, probably a statistical anomaly caused by the Easter holiday. On Friday the first estimate of the first quarter GDP came in at 3.2%, much stronger than estimates, and consumer spending grew 1.2%. Despite the good news, markets opened flat after some mixed earnings reports disappointed. Now let’s take a look at some stocks. Twitter, Inc. (NYSE: TWTR) reported its first quarter financials before market open on Tuesday, with earnings of 37 cents per share on revenue of $787 million. Analysts projected earnings of 15 cents. Twitter’s advertising revenue was $679 million, increasing 18% year-over-year and average monetizable daily active users (DAU) were 134 million for the first quarter, up from 120 million the same period last year. Shares soared by over 12% on the news. Snap Inc. (NYSE: SNAP) shares slipped on Wednesday morning after the company released its quarterly results during Tuesday’s after-market hours. Snap surpassed earnings estimates, however, shares tumbled by 4.5%. For the first quarter, Snap reported a loss of 10 cents per share on revenue of $320 million, however, analysts had estimated an earnings loss of 12 cents on revenue of $307 million. Daily active users were 190 million, up 4 million from the previous quarter, however, down 1 million from a year ago. Shares fell 4.5% on the news. Facebook, Inc. (NASDAQ: FB) reported its first quarter results after the market close on Wednesday. The social media giant narrowly surpassed analysts’ estimates, which sent shares higher by as much as 9%. Earnings came in at 85 cents per share on revenue of $15.1 billion and daily active users grew by 8% year-over-year to 1.56 billion. The company also disclosed it may be facing between $3-5 billion in fines from the Federal Trade Commission. 3M Company (NYSE: MMM) reported its first quarter results before market open on Thursday, with earnings coming in at $2.23 per share on revenue of almost $7.9 billion. The Company missed its quarterly estimates for both revenue and earnings, which sent shares plunging by 10%. Earnings were heavily impacted due to a litigation charge of approximately $548 billion or 72 cents per share. 3M expects to reduce its workforce by 2,000 positions worldwide. Amazon.com, Inc. (NASDAQ: AMZN) reported its first quarter financial results after market close on Thursday. The e-commerce giant smashed earnings estimates, however, revenue fell in-line with estimates, causing shares to rise by 1.5% during extended trading hours. For the first quarter, Amazon reported earnings of $7.09 per share on revenue of $59.7 billion, with revenue growing 17% year-over-year. International revenues declined by 9%. © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law.
Views: 6831 FinancialBuzzMedia
Rubicon Project Celebrates IPO on the New York Stock Exchange
 
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Executives and guests of Los Angeles-based Rubicon Project, which operates one of the advertising industry's largest, fastest independent real-time trading platforms for buying and selling digital advertising, will visit the New York Stock Exchange (NYSE) to celebrate the company's completion of its initial public offering and first day of trading. Rubicon Project will begin trading today on the NYSE under the ticker symbol "RUBI". To mark this milestone, Frank Addante, CEO, Founder and Chief Product Architect, Greg Raifman, President, and Todd Tappin, COO and CFO, will ring the NYSE Opening Bell. About Rubicon Project (NYSE: RUBI) Rubicon Project is a technology company on a mission to automate the buying and selling of advertising. The company's automated advertising platform is used by more than 700 of the world's publishers and applications to transact with buyers representing over 100,000 advertising brands globally. A company driven by innovation, Rubicon Project has engineered the Advertising Automation Cloud, one of the largest real-time cloud and Big Data computing systems, processing trillions of transactions within milliseconds each month. According to comScore Feb 2014, Rubicon Project reaches 97 percent of U.S. Internet users per month and its reach is the largest, by users, of any display advertising entity. Headquartered in Los Angeles, Rubicon Project has ten offices across the globe including New York, San Francisco, Paris, Hamburg, Sydney, London and Tokyo. (Source: Rubicon Project)
Opening New York Stock Exchange
 
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الدكتور عزام الدخيل خلال مراسم افتتاح جلسة بورصة نيويورك مع معالي الدكتور عبد الرحمن التويجري رئيس هيئة سوق المال السعودية. The Opening Bell Ceremony at the New York Stock Exchange with His Excellency Dr. Abdulrahman A. Al-Tuwaijri, the Chairman of the saudi Captial Market Authority, Saudi Capital Market Authority and Executives from Leading Saudi Companies Visit NYSE The Saudi Capital Market Authority visited the New York Stock Exchange today to provide the U.S. investment community with a comprehensive update on the emerging Saudi capital markets, showcasing foreign investments in Saudi Arabia, and the reform agenda the country has taken in order to build a more open and competitive economy. This follows a series of successful investor meetings hosted by Goldman Sachs. His Excellency Dr. Abdulrahman A. Al-Tuwaijri, Chairman of the Saudi Arabia Capital Market Authority, which is responsible for regulating the Tadawul, the Saudi stock exchange, led the Saudi delegation. Dr. Al-Tuwaijri officially addressed U.S. institutional investors to highlight investment opportunities in Saudi Arabia and then opened the market this morning by ringing The Opening Bell(SM) at the NYSE. In addition to His Excellency Dr. Abdulrahman A. Al-Tuwaijri, several executives from leading Saudi companies were on hand at The Opening Bell ceremony, including: •Georges Schorderet: CFO, Almarai •Khalid Al-Kaf: CEO, Etihad Etisalat (Mobily) •Thamer Al-Hosani: CFO, Etihad Etisalat (Mobily) •Abdulkarim Al-Agil: CEO, Jarir Marketing Company •Mohamed Amin: CFO, Jarir Marketing Company •Abdullah Al-Fallaj: Finance Vice President, Saudi Arabian Mining Company (Ma'aden) •Fahad Al-Meqren: President of US Business, National Shipping Company of Saudi Arabia •Salik Ahmed: CEO, Samba Capital •Azzam Al-Dakhil: CEO, Saudi Research and Marketing Group •Abdullah Al-Suweilmy: CEO, Saudi Stock Exchange (Tadawul) •Khalid Al-Ghurair: General Manager of Financial Planning and Budgeting, Saudi Telecom Company Saudi Arabia offers investors an abundance of investment opportunities, as it possesses the biggest economy and largest capital market in the Middle East. In fact, its markets are one of the largest and most liquid among any of the world's emerging markets. "Saudi Arabia has managed to emerge in a position of relative strength from the severe global financial turbulence of the past year," said Dr. Al-Tuwaijri. "The Tadawul return was around 30 percent last year making Saudi Arabia the best performing market in the Gulf," said Dr. Al-Tuwaijri. As evidence of the rapidly increasing interest in the Saudi market by U.S. investors, nine leading Saudi Arabian companies held a combined total of over 100 meetings with U.S. buy-side investors. Over the past decade, Saudi Arabia embarked on a vigorous reform agenda in order to build a more open and competitive economy, one that supports macroeconomic stability. By strengthening the structures already in place and creating new mechanisms for investment, the Capital Market Authority hopes to further bolster the economy's attractiveness. "The reforms of the past decade have been carefully sequenced," said His Excellency Dr. Abdulrahman A. Al-Tuwaijri. "The government has implemented new measures to liberalize our market in order to ensure the right regulatory framework and market infrastructure are firmly in place -- and these measures are succeeding," said Dr. Al-Tuwaijri. Throughout the day Dr. Al-Tuwaijri encouraged foreign investment in Saudi Arabia. He noted that most of the large global investment banks now have a presence in Riyadh, helping to increase the competition and bring additional international financial expertise into the Saudi market. "Since opening up our markets to foreign participation through swap agreements, we have seen over $7.2 billion in trades flow into Saudi Arabia -- and as foreign investors become more familiar with the market, we expect this level to grow," said Dr. Al-Tuwaijri. For more info: http://www.prnewswire.com/news-releases/saudi-capital-market-authority-and-executives-from-leading-saudi-companies-visit-nyse-88910427.html www.azzamaldakhil.com
Views: 2674 Azzam Al Dakhil
How the New York Stock Exchange Works: Brokers and Bidders - Making Money (1958)
 
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The exchange was closed shortly after the beginning of World War I (July 31, 1914), but it partially re-opened on November 28 of that year in order to help the war effort by trading bonds, and completely reopened for stock trading in mid-December. More on stocks: https://www.amazon.com/gp/search?ie=UTF8&tag=tra0c7-20&linkCode=ur2&linkId=76d788a3703b8fff187a2f806c15b98b&camp=1789&creative=9325&index=books&keywords=stocks On September 16, 1920, a bomb exploded on Wall Street outside the NYSE building, killing 33 people and injuring more than 400. The perpetrators were never found. The NYSE building and some buildings nearby, such as the JP Morgan building, still have marks on their façades caused by the bombing. The Black Thursday crash of the Exchange on October 24, 1929, and the sell-off panic which started on Black Tuesday, October 29, are often blamed for precipitating the Great Depression. In an effort to try to restore investor confidence, the Exchange unveiled a fifteen-point program aimed to upgrade protection for the investing public on October 31, 1938. On October 1, 1934, the exchange was registered as a national securities exchange with the U.S. Securities and Exchange Commission, with a president and a thirty-three member board. On February 18, 1971 the non-profit corporation was formed, and the number of board members was reduced to twenty-five. One of Abbie Hoffman's well-known publicity stunts took place in 1967, when he led members of the Yippie movement to the Exchange's gallery. The provocateurs hurled fistfuls of real dollars mixed with fake dollars toward the trading floor below. Some traders booed, and some collected the apparent bounty. The press was quick to respond and, by evening, the event had been reported around the world.[citation needed] (The stock exchange later spent $20,000 to enclose the gallery with bulletproof glass.) Hoffman wrote a decade later, "We didn't call the press; at that time we really had no notion of anything called a media event". On October 19, 1987, the Dow Jones Industrial Average (DJIA) dropped 508 points, a 22.6% loss in a single day, the second-biggest one-day drop the exchange had experienced, prompting officials at the exchange to invoke for the first time the "circuit breaker" rule to halt all trading. This was a very controversial move and led to a quick change in the rule; trading now halts for an hour, two hours, or the rest of the day when the DJIA drops 10, 20, or 30 percent, respectively. The rationale behind the trading halt was to give investors a chance to cool off and reevaluate their positions. Black Monday was followed by Terrible Tuesday, a day in which the Exchange's systems did not perform well and some people had difficulty completing their trades. Subsequently, there was another major drop for the Dow on October 13, 1989; the Mini-Crash of 1989. The crash was apparently caused by a reaction to a news story of a $6.75 billion leveraged buyout deal for UAL Corporation, the parent company of United Airlines, which broke down. When the UAL deal fell through, it helped trigger the collapse of the junk bond market causing the Dow to fall 190.58 points, or 6.91 percent. Similarly, there was a panic in the financial world during the year of 1997; the Asian Financial Crisis. Like the fall of many foreign markets, the Dow suffered a 7.18% drop in value (554.26 points) on October 27, 1997, in what later became known as the 1997 Mini-Crash but from which the DJIA recovered quickly. On January 26, 2000, an altercation during filming of the music video for "Sleep Now in the Fire", which was directed by Michael Moore, caused the doors of the exchange to be closed and the band Rage Against the Machine to be escorted from the site by security[17] after band members attempted to gain entry into the exchange.[18] Trading on the exchange floor, however, continued uninterrupted.[19] In the aftermath of the September 11, 2001 terrorist attacks, the NYSE was closed for 4 trading sessions, one of the longest times the NYSE was closed for more than one session; only the third time since March 1933. On May 6, 2010, the Dow Jones Industrial Average posted its largest intraday percentage drop since the October 19, 1987 crash, with a 998 point loss later being called the 2010 Flash Crash (as the drop occurred in minutes before rebounding). The SEC and CFTC published a report on the event, although it did not come to a conclusion as to the cause. The regulators found no evidence that the fall was caused by erroneous ("fat finger") orders.[20] On October 29, 2012, the stock exchange was shut down for 2 days due to Hurricane Sandy.[21] The last time the stock exchange was closed due to weather for a full two days was on March 12 and 13 in 1888. http://en.wikipedia.org/wiki/New_York_Stock_Exchange
Views: 11480 The Film Archives
Jumia Jumps on NYSE  Debut as Africa's Amazon Goes Public
 
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Apr.12 -- Jumia Technologies Co-Chief Executive Officers and co-founders Jeremy Hodara and Sacha Poignonnec discuss the e-commerce firm's first day of trading in New York, business model, and expansion plans. The speak with Bloomberg's Caroline Hyde on "Bloomberg Technology."
Views: 3071 Bloomberg Technology
I was laying Uber IPO groundwork 'for years': Former NYSE CEO Tom Farley:
 
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Tom Farley, former president and CEO of the New York Stock Exchange, joins "Squawk on the Street" to discuss Uber's IPO as the company prepares to trade at the NYSE.
Views: 829 CNBC Television
Top 10 Companies in US NASDAQ Stock Market by market capitalization
 
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Top 10 Companies in US NASDAQ Stock Market by market capitalization Nasdaq Stock Market The Nasdaq Stock Market is an American stock exchange. It is the second-largest exchange in the world by market capitalization, behind only the New York Stock Exchange located in the same city. The exchange platform is owned by Nasdaq, Inc.,[3] which also owns the Nasdaq Nordic (formerly known as OMX) and Nasdaq Baltic stock market network and several other US stock and options exchanges. New York Stock Exchange The New York Stock Exchange (NYSE) is part of NYSE EURONEXT, which now has exchanges in the U.S. and Europe. It estimates that its exchanges represent a third of all equities traded in the world. The NYSE continues to be one of the primary exchanges in the world and the largest in terms of the nearly $10 trillion in stock market capitalization it represents. The NYSE has been around since 1792 and it is believed that Bank of New York, which is now part of Bank of New York Mellon, was the first stock traded. The ringing of the NYSE bell at the start and end of the day is a common occurrence in today's media. The business has grown incredibly competitive in recent years. In a recent filing with the Securities And Exchange Commission (SEC), the company notes that it must compete for the listings of cash equities, exchange traded funds, structure products, futures, options and other derivatives. These Companies are : Microsoft Corporation MSFT Apple Inc. AAPL Google Inc. GOOG Cisco Systems, Inc. CSCO Oracle Corporation ORCL Intel Corporation INTC Vodafone Group Plc (ADR) VOD QUALCOMM, Inc. QCOM Amazon.com, Inc. AMZN Amgen, Inc. AMGN Facebook Exxon Mobil Johnson and Johnson Johnson and Johnson
Views: 306 Yuvraj B
FS Investment Corporation Lists on the New York Stock Exchange
 
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FS Investment Corporation ("FSIC"), a business development company that invests primarily in the floating rate, senior secured debt of private U.S. companies, will visit the New York Stock Exchange (NYSE) on Wednesday, April 16 to celebrate the company's first day of trading. FSIC will list its common stock on the NYSE under the ticker symbol, "FSIC." To highlight the occasion, Chairman and CEO Michael C. Forman, joined by members of FSIC's leadership team, will ring the NYSE Opening Bell and visit the NYSE trading floor to observe the stock opening. About FS Investment Corporation FSIC is a business development company ("BDC") that invests primarily in the floating rate, senior secured debt of private U.S. companies. The $4.5 billion fund is managed by Franklin Square Capital Partners and sub-advised by an affiliate of GSO Capital Partners, the credit platform of Blackstone. Together, Franklin Square and GSO / Blackstone are the world's largest manager of BDC assets, with over $10 billion across their four BDC funds. (Source: FS Investment)
Meet NYSE's Only Full-Time Female Trader
 
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Working in an industry where you are one of very few women can be challenging enough — but imagine what it's like to be the only woman on staff. That's the case for New York Stock Exchange trader Lauren Simmons. The 23-year-old is an equity trader for Rosenblatt Securities, and she is both the youngest and the only full-time female employee to hold that position at the NYSE. "When I tell people what my job is they are always surprised," she tells CNBC Make It. In fact, Simmons says that if you had told her five years ago that she'd end up working on Wall Street, she wouldn't have believed the news herself. "It's surreal," she says. » Subscribe to CNBC Make It.: http://cnb.cx/2kxl2rf About CNBC Make It.: CNBC Make It. is a new section of CNBC dedicated to making you smarter about managing your business, career, and money. Connect with CNBC Make It. Online Get the latest updates: http://www.cnbc.com/make-it Find CNBC Make It. on Facebook: http://cnb.cx/LikeCNBCMakeIt Find CNBC Make It. on Twitter: http://cnb.cx/FollowCNBCMakeIt Find CNBC Make It. on Instagram: http://bit.ly/InstagramCNBCMakeIt Meet NYSE's Only Full-Time Female Trader | CNBC Make It.
Views: 82493 CNBC Make It.