2007-09-27 06:44:40 · 2 answers · asked by aditya c 1 in Business & Finance ➔ Investing
Oh, a few miles and several hundred listings. BSE used to be a place where traders would try to scalp a few fractional points off of the NYSE trends. It is the third oldest stock exchange in the country, but today it is about fourth or fifth in volume.
The utility is for trade traffic. You usually won't notice, but when brokerage computers start placing orders there is a complex comparison going on. If New York is getting a lot of traffic and the stock prices are comparably close, then the regional exchanges get the business. Think of them like peak load generators for the electric company, or an overflow reservoir around a chemical tank. You usually don't notice them, but they are there to sustain the capacity to trade stocks (and options, BOX is their fully automated options exchange).
2007-09-27 07:21:19 · answer #1 · answered by Rabbit 7 · 0⤊ 0⤋
i should work at charles schwab for as much as i refer them. call them, they will explain this for free and not ever ask if you're a member
2007-09-27 06:56:42 · answer #2 · answered by Gates Travel 1 · 0⤊ 0⤋