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The Telegraph and Stock Exchanges

Name: The Telegraph and Stock Exchanges
Brand: Springer, Berlin
SKU: 47695486
Price: 58.29 EUR
Availability: InStock
Author: Sonali Garg
ISBN: 9783031404092

How Innovations in Communications Technology Influenced Regional Exchanges in the United States, 1830-1860

Sonali Garg

Idioma

Inglés

Libro Tapa blanda

Código Libristo: 47695486

Editores Springer, Berlin, noviembre 2024

This book chronicles the ascension of the New York Stock Exchange, detailing its remarkable rise to... Descripción completa

Código Libristo: 47695486

143 b

58.29 €

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This book chronicles the ascension of the New York Stock Exchange, detailing its remarkable rise to preeminence and its lasting impact on financial history.

In the 1830s, New York, Philadelphia, and Boston each had a stock exchange. These were the New York Stock Exchange (NYSE), Philadelphia Stock Exchange, and Boston Stock Exchange. As there was no reliable means of communicating between these cities in real time, each exchange served its local market. The 1840s brought an innovation in communications technology: the telegraph, which, in time, brought these exchanges into competition with each other.

Three previously independent stock markets became, in effect, a single market. If a security was listed on more than one exchange, potential buyers and sellers could choose the exchange on which to execute a trade in this security. This book details how the NYSE emerged as the winner of this competition.

Chapters analyze key moments in history that made the NYSE a reliable location to trade securities that evoked regional and eventually national interest. This analysis is applied to the competition between (i) stock exchanges today; (ii) taxi ride-booking services such as Uber and Ola; (iii) restaurant to home, food delivery services, such a Zomato and Swiggy; and (iv) doorstep delivery services, such as Blinkit and Zepto.

The resulting book provides the untold history of the NYSE and its rise to preeminence in the American economy.

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Sobre el libro

Nombre y apellidos The Telegraph and Stock Exchanges

Autor Sonali Garg

Idioma

Inglés

Encuadernación Libro - Tapa blanda

Fecha de publicación 2025

Número de páginas 163

EAN 9783031404092

Código Libristo 47695486

Editores Springer, Berlin

Peso 252

Dimensiones 148 x 210

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