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Börse Berlin
Börse Berlin AG (also known as the "Berlin Stock Exchange") is a stock exchange based in the Charlottenburg-Wilmersdorf borough of Berlin, Germany. Founded in 1685 through an edict of Elector Friedrich Wilhelm, it is among the oldest exchanges in the country. History The Berlin Stock Exchange was originally established by Elector Friedrich Wilhelm on June 29, 1685, however the first securities trading would not take place until February 25, 1739. Trading initially took place on the upper floor of the Neues Lusthaus in the Lustgarten of Central Berlin, located near the Berlin Cathedral and the Berliner Stadtschloss. This building was demolished before 1798 and replaced with a new exchange building on the same site. In 1803, the United Stock Exchange Corporation assumed operations, replaced in 1820 by a newly established consortium of Berlin Merchants known as the ''Berliner Kaufmannschaft''. Between 1859 and 1863, architect Friedrich Hitzig constructed a new buildi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock Exchange
A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividends. Securities traded on a stock exchange include stock issued by listed companies, unit trusts, derivatives, pooled investment products and bonds. Stock exchanges often function as "continuous auction" markets with buyers and sellers consummating transactions via open outcry at a central location such as the floor of the exchange or by using an electronic system to process financial transactions. To be able to trade a security on a particular stock exchange, the security must be listed there. Usually, there is a central location for record keeping, but trade is increasingly less linked to a physical place as mod ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
