Brief History of Stock Exchanges News on the stock market appears in different media every day. You hear about it any time it reaches a new high or a new low‚ and you also hear about it daily in statements like ’The BSE Sensitive Index rose 5% today’. Obviously‚ stocks and stock markets are important. Stocks of public limited companies are bought and sold at a stock exchange. But what really are stock exchanges? Known also as the stock market or bourse‚ a stock exchange is an organized marketplace
Premium Stock market Stock exchange Stock
Explain of how the Linked Exchange Rate System works in Hong Kong. A Linked Exchange Rate systems function is to keep a currency stabile to another. In this manner‚ the HK Dollar has been linked to US Dollar at the rate of 7.8 HKD to 1 USD‚ since 1983. In order to maintain this exchange rate‚ any change in the monetary base is fully backed by a corresponding change in the respective currency at this exchange rate. Most banknotes in HK are issued by three note-issuing banks. So for example
Premium United States dollar Currency Foreign exchange market
future professional career. As a student of BBA‚ I have assigned to BASIC Bank Limited‚ Shantinagar Branch‚ Foreign Exchange Division for my practical orientation. As my supervisor directed me to present the report in a way‚ that would be based on the personal observations from the department I worked in‚ I have tried my best to acquainted every nook and cranny of foreign exchange Division of BASIC bank Limited‚ Shantinagar Branch. 1.2 Objectives of the study The Prime objectives of internship
Premium Foreign exchange market International trade Currency
Exchange Rate Volatility: Impact on Industry Portfolios in Indian Stock Market K N Badhani*‚ Rajani Chhimwal** and Janki Suyal*** This study examines the interaction between changes in the exchange rate of Indian Rupee and returns on different BSE-based indices representing the firms of different sizes and industries. In absolute sense‚ the returns on all the stock portfolios are found to be positively correlated with the external value of Indian Rupee. However‚ the analysis with an extended market
Premium Foreign exchange market Stock market Exchange rate
The Columbian Exchange had dramatic demographic effects in both the Americas and Europe. One major factoring concerning both of the two regions was the spread of new diseases causing a decline in the growth of both the America’s and Europe’s population. However‚ the impact tended to be much more negative for the Americans. Through the Columbian exchange the Europeans brought multiple new diseases to the Native American population‚ including small pox. The coming of these diseases had such a great
Premium Agriculture Columbian Exchange Indigenous peoples of the Americas
to make provisions for easier access to fund which is used for developmental purposes and other businesses. In fact‚ for a nation to develop there is a dire need for that nation to have a functional and efficient capital market of which the stock exchange is the hub. A capital market‚ which is a part of the financial market‚ is constituted as soon as a network of financial institutions interact to mobilize and allocate long term funds into productive investment. The long term funds are exchanged
Premium Stock market Financial markets Stock
[pic] An assignment on Application of Information Technology in Stock Exchange (Dhaka) Course no: PAD-122 Course title: Computer Application and Information Management Department of Public administration‚ University of Dhaka Submitted to: Professor Sofiullah Course Lecturer of PAD- 122‚ Department of public administration University of Dhaka Submitted by: Mehedi Hasan Roll no: 49 1st year‚ 2nd semester‚ 4th batch Session: 2009-10 Department of Public administration University
Premium Stock market Stock exchange
The Securities Exchange Act of 1934 JFM GM520 - Legal Political & Ethical Dimensions of Business April‚ 12 2010 The Securities Exchange Act of 1934 was passed by congress to strengthen the government’s control of the financial markets. It was preceded by the Securities Exchange Act of 1933 which was enacted during the Great Depression in hopes that the stock market crash of 1929 would not be repeated. The basic difference between the two acts was that the 1933 Act was to govern the
Premium Stock market Stock Generally Accepted Accounting Principles
B: 2‚280 1 Part A: Chinese Stock Exchange Market and Efficiency 2 Table of Contents TABLE OF CONTENTS ............................................................................................................................... 3 INTRODUCTION .......................................................................................................................................... 4 I. 1. 2. OPERATION AND ACTIVITIES OF CHINESE STOCK EXCHANGE MARKET ......................... 5 OPERATION
Premium Stock exchange Financial markets Foreign exchange market
Remittance And Foreign Exchange Operation Of NCC Bank Ltd. 1.1. Introduction: Remittances to Bangladesh have been growing steadily over the last decade. Since its independence in 1971‚ more than 3 million Bangladeshis have left the country in search of employment. The central bank estimates their cumulative remittances during 1976-2003 at round US$22 billion (Azad‚ 2005). Recognizing their economic importance‚ the government for years has had legislation‚ policies‚ and an institutional structure
Premium Bank Foreign exchange reserves Central bank