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Books > History > History of specific subjects > Economic history
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The Modernization of the American Stock Exchange 1971-1989 (Routledge Revivals) (Paperback)
Loot Price: R1,155
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The Modernization of the American Stock Exchange 1971-1989 (Routledge Revivals) (Paperback)
Series: Routledge Revivals
Expected to ship within 12 - 17 working days
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First published in 1991, Stuart Bruchey's study is a historical
tribute to the financial innovation of the American Stock Exchange.
He chronicles the heyday of Wall Street - from events leading to
the Great Depression, through the New Deal and World War II, to the
electronic era, the crash of'87, and the new realities and global
opportunities of the 1990s. We observe with fascination the
transformation of the relocated outdoor Curb market on Broad Street
to its cavernous indoor trading facility on Trinity Place, where
it's been ever since - the first trading "posts" topped with light
fixtures reminiscent of the outdoor lampposts they replaced.
Bruchey relives for us the introduction of the first CRT terminals
on the trading floor and the gradual, yet inevitable, influence of
technology on the trading process. His study of modernization
brings us right into the world of equity options, derivatives and
other creative products introduced in latter part of the twentieth
century - investment vehicles designed to serve an increasingly
sophisticated and demanding marketplace of investors.
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