Most of the world’s major exchanges have become highly efficient, computerized organizations. Each has a charter for regulating operations and some are integrated within regional economic unions.
For instance, the EU was instrumental in organizing the EASDAQ and drafted its charter.
In addition, exchanges now trade securities from companies around the world.
Computerization has enabled brokers to instantaneously monitor activities on foreign exchanges.
Many exchanges also list indexes and averages—such as the Nikkei 225 Stock Average of the Tokyo Stock Exchange (TSE) and the Financial Times Stock Exchange 100 of the LSE—that are closely followed by options and futures investors.
Thursday, March 5, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment