Philadelphia Stock Exchange Philadelphia Stock Exchange Philadelphia Stock Exchange (PHLX), now known as NASDAQ OMX PHLX, is the oldest stock exchange in the United States. It is now owned by The NASDAQ OMX Group. Founded in 1790, the exchange was originally named the Board of Brokers of Philadelphia, also referred to as the Philadelphia Board of Brokers. In 1875, the Board of Brokers changed its name to the Philadelphia Stock Exchange. The exchange merged with the Baltimore Stock Exchange in 1949 and was named the Philadelphia-Baltimore Stock Exchange. It merged with the Washington Stock Exchange in 1954, becoming known as the Philadelphia-Baltimore-Washington Stock
Mongolian Stock Exchange in Mongolia and need for robust, private and attractive stock exchange. Naidansuren Zoljargal, one of the founders of the Mongolian Stock Exchange, was educated in Hungary and later studied finance at the Harvard University in the United States, and founded the Mongolian Stock Exchange when he was 27 years old. His young age prompted American magazine "Asia, Inc." to dub him the "Boy Wonder of the Mongolian Stock Exchange". His older brother, Naidansurengiin Jargalsaikhan, was formerly head of the Bank of Mongolia, but was ousted from his job after the loss of US$100 million of foreign reserves, which had been