Tamilnadu Samacheer Kalvi 12th Commerce Notes Chapter 7 Stock Exchange Notes
→ Stock exchanges contribute in a huge measure to the growth and expansion of national business.
→ Stock exchanges and organized market provide a place for the investors to buy and sell securities freely.
→ Amsterdam Stock Exchange is considered as the oldest stock exchange in the world.
→ The first stock exchange in India was“The Native Shares and Stock Brokers Association”. It became The Bombay Stock Exchange subsequently.
→ Stock Exchange (also called Stock Market or Share Market) is one of the important constituents of Capital market. It is an organised market for purchase and sale of industrial and financial security.
→ London stock exchange (LSE) is the most popular stock exchange in the world. While Bombay stock exchange (BSE) is the oldest stock exchange in India.
→ According to Hastings, “Stock exchange or securities market comprises all the places where buyers and sellers of stocks and bonds or their representatives undertake transactions involving the sale of securities.”
→ Stock exchange is a market for existing securities.
→ The prices at which securities are bought and sold are recorded. .
→ Stock exchange is a market for purchasing and selling of corporate and govt, securities.
→ It deals with shares, debentures and bonds issued by the company.
→ A stock exchange is an association of persons or body of individuals which may be registered or unregistered.
→ It accelerates the economic development of the country. It encourages capital formation.
→ Stock exchange helps an investors to convert his shares into cash quickly.
→ It safeguards, investor’s interest and ensures fair dealing.
→ There are 24 stock exchanges in the country, with 21 of them being regional in nature.
→ New York stock exchange, London Stock exchange, Tokyo Stock exchange, Hong Kong Stock exchange, Bombay Stock exchange are stock exchanges at the world level.
→ Bull, Bear, Stag, Lame Duck are the types of speculators.
→ Commodity exchange is an exchange where commodities are traded.
→ National Stock Exchange, Stock Holding Corporation of India Limited, National Clearing and Depository System, Securities Trading Corporation of India, National Securities Depositary Limited are the recent development in stock exchange.