where was the first stock exchange in the world
Euronext Amsterdam "It is not quite accurate to call [Amsterdam] the first stock market, as people often do. State loan stocks had been negotiable at a very early date in Venice, in Florence before 1328, and in Genoa, where there was an active market in the luoghi and paghe of Casa di San Giorgio, not to mention the Kuxen shares in the German mines which were quoted as early as the fifteenth century at the Leipzig fairs, the Spanish juros, the French rentes sur lâ€™Hotel de Ville (municipal stocks) (1522) or the stock market in the Hanseatic towns from the fifteenth century. The statutes of Verona in 1318 confirm the existence of the settlement or forward market ... In 1428, the jurist Bartolomeo de Bosco protested against the sale of forward loca in Genoa. All evidence points to the Mediterranean as the cradle of the stock market. But what was new in Amsterdam was the volume, the fluidity of the market and publicity it received, and the speculative freedom of transactions."
News The telegraph ushered in a new global communications regime, accompanied by a restructuring of the national postal systems, and closely followed by the advent of telephone lines. With the value of international news at a premium, governments, businesses, and news agencies moved aggressively to reduce transmission times. In 1865, Reuters had the scoop on the Lincoln assassination, reporting the news in England twelve days after the event took place.[121] In 1866, an undersea telegraph cable successfully connected Ireland to Newfoundland (and thus the Western Union network) cutting trans-Atlantic transmission time from days to hours.[122][123][124] The transatlantic cable allowed fast exchange of information about the London and New York stock exchanges, as well as the New York, Chicago, and Liverpool commodity exchanges—for the price of $5–10, in gold, per word.[125] Transmitting On 11 May 1857, a young British telegraph operator in Delhi signaled home to alert the authorities of the Indian Rebellion of 1857. The rebels proceeded to disrupt the British telegraph network, which was rebuilt with more redundancies.[126] In 1902–1903, Britain and the U.S. completed the circumtelegraphy of the planet with transpacific cables from Canada to Fiji and New Zealand (British Empire), and from the USA to Hawaii and the occupied Philippines.[127] U.S. reassertions of the Monroe Doctrine notwithstanding, Latin America was a battleground of competing telegraphic interests until World War I, after which U.S. interests finally did consolidate their power in the hemisphere.[128]
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New York Stock Exchange In 1817 the stockbrokers of New York operating under the Buttonwood Agreement instituted new reforms and reorganized. After sending a delegation to Philadelphia to observe the organization of their board of brokers, restrictions on manipulative trading were adopted as well as formal organs of governance.[13] After re-forming as the New York Stock and Exchange Board the broker organization began renting out space exclusively for securities trading, which previously had been taking place at the Tontine Coffee House. Several locations were used between 1817 and 1865, when the present location was adopted.[13]