economics unit 3 pt.1
true
"the curb exchange" continued to grow and was renamed the American Stock exchange, also known as Amex
floor broker
- Your broker tells someone to buy six shares of mattel stock for you. The person he is talking to is called the _____ and the transaction take place on the floor of the stock market.
true
After the broker has called the floor broker, the floor broker goes to the area allotted for that particular stock. He buys the amount of stock from the company. He reports it on the floor and then back to your brokerage house. The stock is yours.
buying and selling stock
Barron's a financial weekly publication which features information on
wall street journal
Daily newspaper which focuses on stock market activity
1773
England's first stock exchange began in
1700's
From its humble origins of the _____, the stock market in America has grown to be a financial force in the world today
share
In addition to bonds, the banks sold little parts of their banks to whoever had the money and the desire to own a
six shares
In our story above, the broker tells you, "well, right now a share in Mattel toys is going for $10 (not the actual price), but my services will cost you 40 dollars, so you can buy _____ of mattel
internet
In some cases, many discount brokerages are offering significant discounts for conducting purchases over the
cash
In the 1700's the first banks in American history were being created, and once again ____ was needed to make the start successful
finance
In the early days of our nation, the colonial government was looking for a way to finance its wartime operations, so it sold bolds
brokerage house
Initial location where stock transaction takes its first steps. Broker acts as an intermediary in the purchase
thousands
Mattel, as well as ______ of other companies, offer the opportunity to buy a part of their company by selling shares
true
Purchasing and selling has to do with the rises and dips in the market
not good enough
Some of the stocks offered were ____ to be put in the NYSE, so brick business was running outside of the curb of the street
new york
Stock Exchange began with a handful of men standing in front of a buttonwood tree near the Trinity Church in East Manhattan after the American revolution
transaction
The floor broker purchases your six shares of mattel, and then reports the trade to the floor. That means that hundreds of computers all over NYSE have your recorded your
commission
When selling your stock, you would call the broker and the process would go almost the same way. The broker will deduct his _____ and then pass the money on to you.
employee
When you call a broker and arrange to buy stock, the broker calls a person on the floor of the exchange, probably an ___ of his
six shares; floor
When your broker you wanted to get those ____ of Mattel stock, he sent a message to a person who is working on the ___ of the New York Stock Exchange
stock ticker
a device which gives constant updates on the activity of the new york stock exchange
dip
a drop in the market which may signify a good time to buy stocks
stock certificate
a form of proof of possession of stock; mostly obsolete nowadays
stock exchange
a place where financial securities are bought and sold
prospectus
a statement explaining the plan of a business or financial endeavor, including financial status, the officers, recent performance, and the profits that an investor may realize
share
a unit of the equal parts of the capital stock divided by a corporation
1900's
brought the industrial revolution, Wall street hit its highest point up to that time and new york stock exchange was getting all business it could use
industrial revolution
growth in America in the mid-19th century; emphasis moved from farming to manufacturing
a floor broker
is just like the people you see on the news clips on television when they show a bunch of people frantically waving their arms and dropping paper all over the floor
shareholder
one who owns shares of business on the stock exchange
barnon's and wall street
people will subscribe to publications such as ____ or _____ to get information on investing more wisely
american stock exchange
the formal name of the curb traders; the AMEX, as it is known, began in 1908
new york stock exchange
the largest of all American stock exchanges, created in 1792
NYSE
the new york stock exchange is also known by its initials,
broker
the person who does the actual purchasing of the stocks for you
antwerp,belgium
the very first stock exchange was created in 1531 in
true
when you purchase a share, you have purchased a little piece of the company
broker services
work for the shareholder done by the broker, such as selling and buying stock
