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The Stock Market

The Stock Market. Personal Finance Mrs. Brewer. The Cake Boss. In the Beginning…. 1792 24 brokers and merchants Traded a handful of securities under a buttonwood tree. 1792 - The Buttonwood Agreement.

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The Stock Market

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  1. The Stock Market Personal Finance Mrs. Brewer

  2. The Cake Boss

  3. In the Beginning… • 1792 • 24 brokers and merchants • Traded a handful of securities under a buttonwood tree

  4. 1792 - The Buttonwood Agreement We the Subscribers, Brokers for the Purchase and Sale of the Public Stock, do hereby solemnly promise and pledge ourselves to each other, that we will not buy or sell from this day for any person whatsoever, any kind of Public Stock, at least than one quarter of one percent Commission on the Specie value and that we will give preference to each other in our Negotiations. In Testimony whereof we have set our hands this 17th day of May at New York, 1792.

  5. Now….

  6. NYSE Facts and Figures • World’s Largest and Most Liquid Cash Equities Exchange • $153 Billion Traded Daily • 2,317 Listings • Elitist Status – perception of ‘Good Company’

  7. A Day at the NYSE • http://ttc.seal-pa.org/SafeVideos/Video.aspx?id=a55G2kt93IU

  8. Auction Style • Buyers Make Bids • Highest price one person is willing to pay for a security • Sellers State offers • Lowest price one person is willing to take for a security

  9. Jobs and Jackets The Trading Floor • Exchange Issued License Required (Badges) • Floor Broker • House Brokers • Independent Brokers

  10. Jobs and Jackets • Specialists • One for each Listing • Contact Point between Brokers • Trading Post • Hybrid Market January 2007 • 100% Orders Electronically Delivered between Trading Posts, Booths and Handheld Computers

  11. NYSE Technology • Advanced Communications and Computing Technology • Fast, Efficient, Reliable • Electronic Delivery – SuperDOT • Broker Booth Support System • NYSE e-Broker • NYSE Direct+

  12. The Opening Bell

  13. How a Stock is Bought & Sold • Buyer calls Broker • Gets Quote for highest bid and lowest offer • Buyer goes online and enters stock order to buy which links to SuperDot • Brokers complete transaction on Trading Floor • Specialist sends notice to firm • Transaction reported immediately • Buyer completes transaction by submitting payment plus commissions • Seller calls Broker • Asks for Quote • Seller goes online and enters stock order to sell which links to SuperDot • Brokers complete transaction on Trading Floor • Specialist sends notice to firm • Transaction reported immediately • Transaction is completed when the seller’s account is credited with proceeds from the stock sale minus commissions

  14. Sample Stock Certificate

  15. Stock Market Game • www.nyse.com • www.online.wsj.com • www.smgww.org Teams need to make a trade today! Enter ID and Password – Must be UPPERCASE!

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