When Did The Stock Market Begin?
Mon, 09/29/2008 - 18:43 — admin
A brief history of stock market
When did the stock market begin? There are detailed answers to this for particular exchanges, but the general idea of a stock market goes back a long way. It's not clear that there's a definitive answer. There is historical research, for example by Ulrike Malmendier, that argues that the idea of shares in a corporation goes back to the Romans, and is mentioned often by Cicero in his speeches. There is still a lot about this that remains unknown but many of the modern business concepts seemed to exist 2000 years ago.
When Did The Stock Market Begin in Modern Times?
That depends what you mean by modern times. There seems to be evidence of stocks going back to the 11th century for merchants in Egypt, and similar concepts in Italy. In 1602, the Amsterdam Stock Exchange was founded. The New York Stock Exchange was founded in 1792. More information about the question "when did the stock market begin?" can be found on the wikipedia stock exchange page.