How Do You Buy And Sell Shares Online?
The Philadelphia exchange was superseded in the early 1800s by the New York Stock Exchange. The initial New York Stock Exchange was a group of business people who met daily on Wall St to trade their stocks or bonds. This initial trading was all done outside until the Exchange moved indoors in the early 1900s. There has been a movement away from this traditional formula of trading though. Trading is no longer a Bricks and Mortar industry where you have to be in Wall St. Many people are now engaged in the online buying and selling of stocks. The way the New York Stock Exchange works could be compared to an auction. If a company is listed on the Stock Exchange, they have a post in Wall St whereby trades are listed and a specialist is employed as an auctioneer to oversee the bidding on each trade. This form of trading keeps an accurate balance between supply and demand on the stock market so the price of the share is kept in check. These days, it is much simpler to get involved in investin