Suppose if you were to sell the shares that you hold in a comaonay ABC. What are options of finding the potential buyers. You will have to make sure that you get solicitations for your share or for that matter you can actually put out advertisements in the newspapers. It will be a complete chaos if everyone who holds the shares was to do that.
Marketplace where buyers and sellers could meet and agrees to either buy or sell would be a very good thing. That place for shares is stock exchange and is very aptly named.
Nyse provides such a place where buyers meet the sellers and then the shares are exchanged. The people who can can exchange these shares are known as floor brokers and they only can enter the tradimg arena. This trading arena is a secure place which is also called the trading spot for each particular stock.
At NYSE the price is discovered via Auction method. In this method of auction the price of the scrip or the stock is discovered as the highest price that you are willing to pay for a stock or the lowest price at which you are willing to sell. Once the specialist matches a buyer with the seller and the trade happens this information is sent to the exchange.
It seems from the description that it is a manual process but actually in all the processes there a technology involved. All this happens within matter of seconds. The punching of order to routing to information back to exchange is done via highly sophisticated software.
As a beginner if you are looking to trade at NYSE you should see which are brokers associated with NYSE and then route your orders through them. - 16036
Marketplace where buyers and sellers could meet and agrees to either buy or sell would be a very good thing. That place for shares is stock exchange and is very aptly named.
Nyse provides such a place where buyers meet the sellers and then the shares are exchanged. The people who can can exchange these shares are known as floor brokers and they only can enter the tradimg arena. This trading arena is a secure place which is also called the trading spot for each particular stock.
At NYSE the price is discovered via Auction method. In this method of auction the price of the scrip or the stock is discovered as the highest price that you are willing to pay for a stock or the lowest price at which you are willing to sell. Once the specialist matches a buyer with the seller and the trade happens this information is sent to the exchange.
It seems from the description that it is a manual process but actually in all the processes there a technology involved. All this happens within matter of seconds. The punching of order to routing to information back to exchange is done via highly sophisticated software.
As a beginner if you are looking to trade at NYSE you should see which are brokers associated with NYSE and then route your orders through them. - 16036
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As an investor the author has an understanding of stock market for beginners needs and he has good resource in stock market beginners advice
