The Mexican Stock Exchange is the only stock exchange in Mexico and one of the largest in Latin America. It offers a range of financial products, including stocks and treasury certificates, and is regulated by government agencies. Companies must meet specific listing requirements to be listed on the exchange. The Mexican Stock Exchange (MEX) is […]
The Brussels Stock Exchange, founded by a Napoleonic order, is one of the main world stock exchanges for the European region. It merged with other exchanges to form Euronext NV, but still occupies its traditional location in Brussels, Belgium. The building is an important landmark and houses the main operations of the BSE. The Brussels […]
The Athens Stock Exchange is the main stock exchange in Greece, with a history dating back to 1876. Due to the volatility of the Greek economy, trading on this exchange can be highly speculative and expert advice is recommended. The exchange is managed by a council of seven members and offers trading in Greek and […]
The Securities Exchange Act of 1934 regulated the secondary trading of securities and established the Securities Exchange Commission (SEC) to prevent illegal activities and regulate practices in the primary and secondary markets. It aimed to avoid another stock market crash like the one that triggered the Great Depression. The Stock Exchange Act of 1934 is […]
The Pacific Stock Exchange, founded in 1882 as the San Francisco Stock and Bond Exchange, was a regional financial trading house that went public in 1999. After closing its trading floors in Los Angeles and San Francisco, it was fully acquired by the New York Stock Exchange in 2006, but remains a separate entity that […]
The Tokyo Stock Exchange is the largest stock exchange in Asia and second largest in the world. It dates back to the 1870s and trades in yen. The exchange divides trading into three sectors: large companies, smaller companies, and growing companies. Regulatory authorities oversee trading activity to keep investor confidence high. The Tokyo Stock Exchange […]
The Prague Stock Exchange (PSE) was founded in 1992 to attract capital to the Czech Republic’s fledgling market economy. It became a member of the Federation of European Stock Exchanges in 2004 and was acquired by the Vienna Stock Exchange in 2008. The PSE expanded to include investment certificates and futures and developed the Prague […]
PECS is a communication system for non-verbal autistic individuals that uses symbols to represent thoughts and ideas. It encourages full sentences and can be used to set schedules. It resembles early written languages and can lead to verbal communication. A Picture Exchange Communication System (PECS) is one of the primary means of communicating with non-verbal […]
When traveling abroad, it’s best to carry cash specific to the country you’re visiting. Exchange currency at banks, airports, or travel agencies. Check exchange rates before leaving and consider using credit or debit cards. Traveling to another country often requires planning, and that usually extends to money. Some countries accept US dollars, sterling or euros, […]
A public exchange is a trading venue open to all buyers and sellers, offering a limited or broad range of goods and services. It can be operated by third parties and focused on specific products or allow for diverse offerings. The goal is to connect those with something to offer to those who can benefit. […]
The primary exchange is the main exchange for trading a given share issue, and is usually the largest stock exchange in the country where the company is based. Factors such as history, top companies listed, and market capitalization determine the primary exchange, and meeting criteria is required for trading on it. A primary exchange is […]
A Starker Exchange, or 1031 tax-deferred exchange, allows real estate investors to defer capital gains taxes by selling property and using the proceeds to buy another property. The rules state that both properties must be investment property used for business or investment purposes, similar or in-kind, and an actual exchange must occur within 180 days. […]
A floating exchange rate is determined by the foreign exchange market and can be volatile, but allows for self-correction. Governments can intervene in a managed floating exchange rate to stabilize the currency. The process is complicated and involves expert economists and political scientists. A floating exchange rate is an exchange rate that can change in […]
Auction exchanges require floor specialists and stockbrokers to facilitate trades between buyers and sellers, with bid and sale prices determining the stock price. E-commerce platforms threaten the viability of auction-style trading, but it remains part of major US exchanges. Stocks that are bought and sold in financial markets must be traded on an exchange, which […]
Commodity exchanges facilitate the buying and selling of futures and options related to the commodity market, with physical locations and online access. The Commodity Exchange, Inc. (COMEX) in New York is a well-known example, specializing in metal futures. Exchanges must comply with national laws, and may specialize in certain commodities. Investors can participate individually or […]
The Chicago Stock Exchange is the largest regional exchange in the US, allowing investors to trade securities listed exclusively with the exchange and on other exchanges. It was officially created in 1882 and changed its structure to a publicly traded company in 2005. The National Market System provides the framework for over-the-counter trading, and the […]
The Madrid Stock Exchange is Spain’s largest stock and bond trading market, with a long and colorful history dating back over 200 years. After several failed attempts, it was permanently established in 1831 and has since seen many fluctuations due to historical events. The exchange now uses a fully electronic system and bases its trading […]
A 1031 exchange allows investment property owners to use the proceeds from a sale to purchase similar property and defer capital gains taxes. Rules include identifying the new property within 45 days and closing within 180 days. The definition of “similar” is generous and does not require an exact match. A 1031 exchange is an […]
The Philippine Stock Exchange is a major national financial exchange that operates two trading floors in Makati and Pasig, with a computerized system coordinating trades. It was formed in 1992 from the merger of the Manila and Makati stock exchanges and offers a range of financial products, including shares and Philippine Treasuries. As one of […]
The Commodities Exchange Act, passed in 1936, established regulations for futures and commodities trading in the US. It stabilized investment after the 1929 stock market crash, reduced illegal trading, and created a federal infrastructure for administration. The Commodity Futures Trading Commission and National Futures Association were created to enforce the act. The Commodities Exchange Act […]