Oldest Stock Exchange in World
The Amsterdam Stock Market, commonly known as the Amsterdam Bourse, is the world’s oldest stock market. The Dutch East India Company founded it in 1602 by issuing the first public shares and allowing investors to exchange them on a secondary market. The Amsterdam Stock Market was the world’s first official stock market and served as a model for later exchanges in Europe and across the world. It is now a part of Euronext Amsterdam, which runs exchanges in several European nations.
Some Oldest Stock Exchanges in World
In addition to the Amsterdam Stock Exchange, the following are some of the world’s oldest stock exchanges:
London Stock Exchange
The London Stock Exchange was founded in 1801, although its beginnings may be traced back to the 17th century when traders began convening in coffeehouses in London to purchase and sell shares.
Paris Stock Exchange
The Paris Stock Exchange, also known as the Bourse de Paris, was established in 1724 as a market for bills of exchange and other financial instruments. It gradually extended to cover stock and other securities trading.
Madrid Stock Exchange
The Madrid Stock Exchange, or Bolsa de Madrid, was formed in 1831 and is one of Europe’s oldest stock exchanges. It is Spain’s principal stock market and home to the IBEX 35 index.
New York Stock Exchange
The New York Stock Exchange (NYSE) was established in 1792 when a group of dealers signed the Buttonwood Agreement beneath a buttonwood tree on Wall Street. By market capitalization, the NYSE is the world’s largest stock exchange.
Bombay Stock Exchange
The Bombay Stock Market (BSE) is Asia’s oldest stock market, having been formed in 1875. It is based in Mumbai, India, and is one of the world’s largest stock exchanges in terms of the number of firms listed.
Over the centuries, these stock exchanges have played a major part in the development of the global economy and financial markets.