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/biz/ - Business & Finance


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8560385 No.8560385 [Reply] [Original]

Brainlet tier question: Who "owns" the New York Stock Exchange? Why aren't there more stock exchanges?

>> No.8560419

>>8560385
Why aren't there more facebooks

>> No.8560423

>>8560385
It is owned by ICE and there are more exchanges but you don't hear about them as often

>> No.8560428

>>8560385
Maybe you should look up their wiki page for ownership. And there are other exchanges like NASDAQ and exchanges in Chicago that deal with bonds and what not. But generally exchanges focus on a subset of the industry and cost billions of dollars to buy or compete against.

>> No.8560439

Your mom

>> No.8560441
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8560441

>>8560385

>> No.8560444

>>8560423
Why though? Why does this one exchange get all the spotlight?

>> No.8560450

>>8560385
If I remember correctly the Germans bought it

>> No.8560471

>>8560444
because they are considered one of the best; there is a shit load of infrastructure involved; and if a company is raising equity they will go to a market which offers them the best chance of raising maximum funds

>> No.8560495

>>8560471
That makes sense. Thanks.

>> No.8560512
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8560512

>>8560385

>> No.8560537
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8560537

This guy used to run NASDAQ :)

>> No.8560544

>>8560512
Jeffrey Sprecher is just a regular joe

>> No.8560969

>>8560537
Shut it down