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What Does It Mean When You Read That Someone Bought A Seat On The New York Stock Exchange?
6 Jan 2010 | Uncategorized
The right to directly trade shares on the exchange is conferred upon owners of the 1366 “seats”. The term comes from the fact that up until the 1870s NYSE members sat in chairs to trade; this system was eliminated long ago. These seats are a sought-after commodity as they confer the ability to directly [...]
Please Read My Story/comment?
My assignment is to make up a story about a families life during the Great Depression so I wrote this. It’s kinda long and I doubt anybody would actually read through the whole thing but oh well.
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