Quotes About Stock exchanges

when it came to the parallel economic upheavals of the period—the industrial revolution, the expansion of global trade, the growth of banks and stock exchanges—Hamilton was an American prophet without peer. No other founding father straddled both of these revolutions—only Franklin even came close—and therein lay Hamilton's novelty and greatness.

The law in our time is, and probably ought to remain, almost unrealistically humanistic; in its eyes, corporations are people, stock exchanges are street-corner marketplaces where buyer and seller haggle face to face, and computers scarcely exist.

Outside of North America, there are 82 stock exchanges, some quite small, such as the Cayman Islands Stock Exchange. Very few have anything close to the influence on the world's economies enjoyed by American exchanges. It has been accurately said that if America's economy sneezes, the world catches a cold.

Stock exchanges say that more than half of all trades are now executed by just a handful of high-frequency traders, who use rapid-fire computers to essentially force slower investors to give up profits, then disappear before anyone knows what happened.

The SEC, like the public stock exchanges, had a kind of equity stake in the future revenues of high-frequency traders.