Tuesday, Oct 29th
Last update:10:58:42 AM GMT
Stock Market
As the Asian economy is boosting steadily, Nasdaq OMX, the US based Exchange Securities Group, is preparing their second stab by stepping in to the Japanese Market in association with Osaka Securities Exchange, in order to target the Asian investors; reports the domestic media.
The earlier venture of Nasdaq into the Japanese Market in 2000 failed. It was closed within two years odd years, failing to fight with Japan’s bullish broker Nomura Securities and other players.
S&P 500 is an index that is owned and operated by a division of McGraw-Hill known as Standard & Poor's. S&P 500 is a free-float capitalization-weighted index. This is published since 1957 and consists of 500 large-cap common stocks actively traded in the United States. These stocks are only those which are largely held by public and which trade on either NASDAQ OMX or NYSE Euronext. S&P 500 is a part of S&P 1200 and S&P Global 1500 which are two larger indices.
The rules for selection for listing at S&P 500 are very similar to Dow 30. There are just 5 non-US companies included in the index. The companies which do not have enough liquidity or which are not publicly held are excluded or left out of the index. The index also leaves out the companies with extremely high stock price as they are difficult to trade. S&P 500, during trading sessions is updated every 15 seconds.
The New York Stock Exchange(NYSE) also known as the “Big Board”, is a stock exchange located at 11 Wall Street, New York, USA. When it comes to market capitalization, NYSE is the World’s largest stock exchange. It is operated by NYSE Euronext and is made up of 5 rooms for trading purpose.
NYSE came into existence on May 17, 1792, when an agreement was signed under the buttonwood tree on Wall Street. It came to be known as NYSE when the first centralized location in the form of a room was located on 40 Wall Street.
NASDAQ is the NASDAQ stock market, an American stock exchange. Earlier it was known as National Association of Securities Dealers Automated Quotations, but now it is no longer used. It is an equity securities trading market with an electronic screen based phenomenon and is the largest such electronic equity securities trading market in the US.
NASDAQ came into existence in 1971 and was founded by the National Association of Securities Dealers (NASD). They disinvested themselves following a series of sales in 2000 and 2001, and NASDAQ is currently operated by NASDAQ OMX Group, whose regulation is carried out by Securities and Exchange Commission. The NASDAQ boasts of about 3,700 companies and has the highest trading volume than any other stock exchange in the world.
The Dow Jones Industrial Average is also known as Dow 30 or Dow Jones or simply Dow. This is one of the major stock market indices and was created by Wall Street Journal editor and one of the co-founders of Dow Jones & Company, Charles Dow along with Edward Davis and Charles Milford Bergstresser on May 26, 1896.
Initially Dow had only 12 companies listed in its index. These companies were, American Sugar, American Tobacco, Tennessee Coal & Iron, Chicago Gas, Distilling & Cattle Feeding, U.S. Leather, General Electric, American Cotton Oil, Laclede Gas, National Lead, North American, and U.S. Rubber.
