🗺What is the history of the Stock Market?
💱How did trading originate?
📈What are some of the key events of the Stock Market?
We explore the entire timeline of finance and trading leading up to the present day via this series of tweets.
#StockMarketOrigins
💱How did trading originate?
📈What are some of the key events of the Stock Market?
We explore the entire timeline of finance and trading leading up to the present day via this series of tweets.
#StockMarketOrigins
The 1300s
Venetian moneylenders began to sell debt issues to other lenders and to individual investors; and traded in government securities. They carried slates with information on the various issues for sale & meet with clients, much like a broker does today.
#StockMarketOrigins
Venetian moneylenders began to sell debt issues to other lenders and to individual investors; and traded in government securities. They carried slates with information on the various issues for sale & meet with clients, much like a broker does today.
#StockMarketOrigins
The late 1400s
Belgium (then, Antwerp), became the centre of international trade. Merchants would bring in goods anticipating that prices would rise and earn them a profit. #Bondtrading also occurred during this period.
#StockMarketOrigins
Belgium (then, Antwerp), became the centre of international trade. Merchants would bring in goods anticipating that prices would rise and earn them a profit. #Bondtrading also occurred during this period.
#StockMarketOrigins
1472 AD - The world’s first #bank was founded.
Banca Monte dei Paschi di Siena S.p.A., known as BMPS or just MPS, is an Italian bank. Located in Tuscany, it is still in operation today.
#StockMarketOrigins
Banca Monte dei Paschi di Siena S.p.A., known as BMPS or just MPS, is an Italian bank. Located in Tuscany, it is still in operation today.
#StockMarketOrigins
15th Century AD - One of the earliest events that kicked it all off!
Tuscany, Italy - The famous #Medici family opened banks that charged interest in hidden bills since openly charging interest (usury) was prohibited.
#StockMarketOrigins
Tuscany, Italy - The famous #Medici family opened banks that charged interest in hidden bills since openly charging interest (usury) was prohibited.
#StockMarketOrigins
1602
The Dutch East India Co. issued the first #papershares. This exchangeable medium allowed shareholders to conveniently buy, sell and trade their stock with other shareholders and investors.
#StockMarketOrigins
The Dutch East India Co. issued the first #papershares. This exchangeable medium allowed shareholders to conveniently buy, sell and trade their stock with other shareholders and investors.
#StockMarketOrigins
1611
Amsterdam - the first modern-day #stocktrading is created. The Dutch East India Company is the first publicly-traded company here, and for many years, it is the only company with trading activity on the exchange.
#StockMarketOrigins
Amsterdam - the first modern-day #stocktrading is created. The Dutch East India Company is the first publicly-traded company here, and for many years, it is the only company with trading activity on the exchange.
#StockMarketOrigins
The 1780s
A Japanese Trader invented #Candlestick Patterns to predict price movements in the rice market.
#StockMarketOrigins
A Japanese Trader invented #Candlestick Patterns to predict price movements in the rice market.
#StockMarketOrigins
1790 - Birth of the first US #Investment Market
The federal government issued $80Million in bonds to repay Revolutionary War Debt. Two years later, the “Buttonwood Agreement” was signed by 24 stockbrokers and later moved to the Tontine Coffee House for trade.
#StockMarketOrigins
The federal government issued $80Million in bonds to repay Revolutionary War Debt. Two years later, the “Buttonwood Agreement” was signed by 24 stockbrokers and later moved to the Tontine Coffee House for trade.
#StockMarketOrigins
1800 - The #Gold Standard was invented
The Gold Standard is a monetary system in which the standard economic unit of account is based on a fixed quantity of gold.
#StockMarketOrigins
The Gold Standard is a monetary system in which the standard economic unit of account is based on a fixed quantity of gold.
#StockMarketOrigins
1800
The first #investment #banking firm, Alex. Brown & Sons, was founded by Alexander Brown in 1800 and was based in Baltimore, Maryland, USA.
#StockMarketOrigins
The first #investment #banking firm, Alex. Brown & Sons, was founded by Alexander Brown in 1800 and was based in Baltimore, Maryland, USA.
#StockMarketOrigins
1801
The London Stock Exchange #LSE was officially founded! Located in the City of London, England it is one of the oldest exchanges in the world. As of March 2021, the total market value of all companies trading on the London Stock Exchange was £3.8 trillion.
#StockMarketOrigins
The London Stock Exchange #LSE was officially founded! Located in the City of London, England it is one of the oldest exchanges in the world. As of March 2021, the total market value of all companies trading on the London Stock Exchange was £3.8 trillion.
#StockMarketOrigins
1817
The New York Stock Exchange #NYSE was established! The New York brokers were organized formally as the New York Stock & Exchange Board. It is by far the world's largest stock exchange by the market capitalization of its listed companies.
#StockMarketOrigins
The New York Stock Exchange #NYSE was established! The New York brokers were organized formally as the New York Stock & Exchange Board. It is by far the world's largest stock exchange by the market capitalization of its listed companies.
#StockMarketOrigins
1861
#Canada developed its first stock exchange in 1861 and it was the largest stock exchange by Market capitalisation.
#StockMarketOrigins
#Canada developed its first stock exchange in 1861 and it was the largest stock exchange by Market capitalisation.
#StockMarketOrigins
1875
The Bombay Stock Exchange #BSE was established as “The Native Share and Stock Brokers Association”. BSE is the first-ever stock exchange in Asia.
#StockMarketOrigins
The Bombay Stock Exchange #BSE was established as “The Native Share and Stock Brokers Association”. BSE is the first-ever stock exchange in Asia.
#StockMarketOrigins
1878 - #Tokyo Stock Exchange is established
Abbreviated as Tosho or TSE/TYO, it is located in Tokyo, Japan. It is the third-largest stock exchange in the world by aggregate market capitalization of its listed companies & the largest in Asia - as per Wikipedia.
#StockMarketOrigins
Abbreviated as Tosho or TSE/TYO, it is located in Tokyo, Japan. It is the third-largest stock exchange in the world by aggregate market capitalization of its listed companies & the largest in Asia - as per Wikipedia.
#StockMarketOrigins
1949
Richard Donchian used a set of rules to buy and sell funds, thus introducing the concept of an #automatedtrading system for the first time.
#StockMarketOrigins
Richard Donchian used a set of rules to buy and sell funds, thus introducing the concept of an #automatedtrading system for the first time.
#StockMarketOrigins
The 1980s
In the 1980s, the concept of "#rulebasedtrading” grew rapidly. Famous traders like John Henry began to use such strategies thus leading to its popularity.
#StockMarketOrigins
In the 1980s, the concept of "#rulebasedtrading” grew rapidly. Famous traders like John Henry began to use such strategies thus leading to its popularity.
#StockMarketOrigins
1923
The early version of the S&P500 is created by Henry Barnum Poor’s company, Poor’s Publishing. The Standard and Poor's 500, or simply the S&P 500, is a stock market index and it is one of the most commonly followed #equity indices.
#StockMarketOrigins
The early version of the S&P500 is created by Henry Barnum Poor’s company, Poor’s Publishing. The Standard and Poor's 500, or simply the S&P 500, is a stock market index and it is one of the most commonly followed #equity indices.
#StockMarketOrigins
1926
The S&P500 begins by tracking 90 stocks. Today it tracks the performance of 500 large companies listed on stock exchanges in the #UnitedStates.
#StockMarketOrigins
The S&P500 begins by tracking 90 stocks. Today it tracks the performance of 500 large companies listed on stock exchanges in the #UnitedStates.
#StockMarketOrigins
1969
#Instinet is founded as the first Electronic Communication Network (#ECN), incorporated as Institutional Networks Corp. It provided computer services & a communications network for automated (anonymous & confidential) buying/selling of equity securities.
#StockMarketOrigins
#Instinet is founded as the first Electronic Communication Network (#ECN), incorporated as Institutional Networks Corp. It provided computer services & a communications network for automated (anonymous & confidential) buying/selling of equity securities.
#StockMarketOrigins
1971 - #NASDAQ is born!
Trading begins on another U.S. stock exchange, the National Association of Securities Dealers Automated Quotations, otherwise known as the NASDAQ.
#StockMarketOrigins
Trading begins on another U.S. stock exchange, the National Association of Securities Dealers Automated Quotations, otherwise known as the NASDAQ.
#StockMarketOrigins
The 1980s
In the pre-internet era, #Reuters developed ‘#ReutersDealing' an advanced electronic #Forex trading system - a real-time closed network chat system. It would probably still be in use if the #Internet had not been invented.
#StockMarketOrigins
In the pre-internet era, #Reuters developed ‘#ReutersDealing' an advanced electronic #Forex trading system - a real-time closed network chat system. It would probably still be in use if the #Internet had not been invented.
#StockMarketOrigins
1982
The Tokyo Stock Exchange Group started in 1982. This year can also be marked as the start of the computer phase for the #TokyoStockExchange.
#StockMarketOrigins
The Tokyo Stock Exchange Group started in 1982. This year can also be marked as the start of the computer phase for the #TokyoStockExchange.
#StockMarketOrigins
1986
The year 1986 marked the launch of CATs (Computer Assisted Trading systems) by the Hong Kong Exchanges.
#StockMarketOrigins
The year 1986 marked the launch of CATs (Computer Assisted Trading systems) by the Hong Kong Exchanges.
#StockMarketOrigins
1986
In 1986, at the #LondonStockExchange Group, the market was deregulated in what was termed as the ‘Big Bang’. Here, computers were introduced and screen-based trading was started instead of human outcry for trades.
#StockMarketOrigins
In 1986, at the #LondonStockExchange Group, the market was deregulated in what was termed as the ‘Big Bang’. Here, computers were introduced and screen-based trading was started instead of human outcry for trades.
#StockMarketOrigins
1987
The Stock Exchange Automated Trading System #SEATS was introduced in the #AustralianStockExchange in the year 1987.
#StockMarketOrigins
The Stock Exchange Automated Trading System #SEATS was introduced in the #AustralianStockExchange in the year 1987.
#StockMarketOrigins
1981
1981 witnessed the South Korean government ending forex controls. This allowed free trade to occur for the first time in South Korean markets.
#StockMarketOrigins
1981 witnessed the South Korean government ending forex controls. This allowed free trade to occur for the first time in South Korean markets.
#StockMarketOrigins
1991
In the year 1991, the Republic of #Iran changed international agreements with some countries from oil-barter to foreign exchange.
#StockMarketOrigins
In the year 1991, the Republic of #Iran changed international agreements with some countries from oil-barter to foreign exchange.
#StockMarketOrigins
1993
#HongKong Exchanges introduced the Automatic Order Matching and Execution System (#AMS) in the year 1993
#StockMarketOrigins
#HongKong Exchanges introduced the Automatic Order Matching and Execution System (#AMS) in the year 1993
#StockMarketOrigins
1996 to 1999
Between the years 1996 to 1999, #onlinetrading began to explode as Internet traffic dramatically increased. Small traders suddenly had the same access to real-time pricing as professional brokers. The word "#DayTrader" entered the vocabulary.
#StockMarketOrigins
Between the years 1996 to 1999, #onlinetrading began to explode as Internet traffic dramatically increased. Small traders suddenly had the same access to real-time pricing as professional brokers. The word "#DayTrader" entered the vocabulary.
#StockMarketOrigins
1999
Online #retail platforms started appearing across the globe in the year 1999, just before the onset of the millennium.
#StockMarketOrigins
Online #retail platforms started appearing across the globe in the year 1999, just before the onset of the millennium.
#StockMarketOrigins
2006
#ComputerisedTrading was introduced to the London Stock Exchange (#LSE) in the year 2006, which established a milestone for LSE.
#StockMarketOrigins
#ComputerisedTrading was introduced to the London Stock Exchange (#LSE) in the year 2006, which established a milestone for LSE.
#StockMarketOrigins
2010
#DirectEdge, formerly an Electronic Communication Network #ECN, became an exchange in 2010.
#StockMarketOrigins
#DirectEdge, formerly an Electronic Communication Network #ECN, became an exchange in 2010.
#StockMarketOrigins
2011 - Trading in #nanoseconds
In 2011, a firm called ‘#Fixnetix’ developed a microchip that could execute trades in nanoseconds. This marked the launch of ‘Nano trading technology’.
#StockMarketOrigins
In 2011, a firm called ‘#Fixnetix’ developed a microchip that could execute trades in nanoseconds. This marked the launch of ‘Nano trading technology’.
#StockMarketOrigins
2014
75%+ trading on United States exchanges (including #NYSE and #NASDAQ) originated from automated trading system orders.
#StockMarketOrigins
75%+ trading on United States exchanges (including #NYSE and #NASDAQ) originated from automated trading system orders.
#StockMarketOrigins
2015
In 2015, Bloomberg Terminals incorporated live Tweets into its economic data service.
#StockMarketOrigins
In 2015, Bloomberg Terminals incorporated live Tweets into its economic data service.
#StockMarketOrigins
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