We hear that lots of money is made and lost on the stock exchange. Who actually owns the London stock exchange and do they take money for every sale?
2007-08-17 07:46:33 · 5 answers · asked by eck2go 1 in Business & Finance ➔ Other - Business & Finance
I don't know about the London Stock Exchange, but the NYSE is owned by a publicly traded company that you can buy shares of on the NYSE.
2007-08-17 08:01:44 · answer #1 · answered by Peter Y 2 · 0⤊ 0⤋
"making and loosing money on the Stock Exchange" is like ''making and loosing money on the Horses"
The Stock Exchange exists to allow you to buy & sell shares ... just like Race Courses exist to allow you to place bets ..
... and just like Bookies, Stock Brokers make money out of the "punters" whatever happens to the Stocks (Horses) ...
2007-08-19 23:54:24 · answer #2 · answered by Steve B 7 · 0⤊ 0⤋
Who will finance your replace?? Who stands out as the contributors?? Will the SEC approve and replace for products that are already traded on an replace?? Who would be approved to commerce on the replace and could the SEC approve them?? Who will build the infrastructure and who will cope with it?? Will present day NYSE contributors approve the de-itemizing of the ETF and pass them on your replace?? Who will approve ETFs for itemizing?? Who will computer screen the financials of the ETFs traded on your replace?? Who would be assigned your ETFs in the event that they're approved to commerce on joint or your replace?? Dream on
2016-10-10 10:42:40 · answer #3 · answered by Anonymous · 0⤊ 0⤋
it is a place where shares are exchanged. IT is not a thing.
[and there are several
the NY, American, Pacific, Pennsylvania, NASDAQ and others]
thus, the exchange is not owned.
it us used.
it was started by 3 brokers under a tree.
2007-08-21 07:33:16 · answer #4 · answered by kemperk 7 · 0⤊ 0⤋
Its shareholders own it.
2007-08-17 07:53:37 · answer #5 · answered by Anonymous · 0⤊ 0⤋