Auroran Stock Exchange: Difference between revisions

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[[Category:UNAC]]
[[Category:UNAC]]
The '''Auroran Stock Exchange''' ([[W:German|Ethalrian]]: ''Auroranische Börse'', [[W:Maori|Oan]]: ''Ko te Utu Hokohoko o te Orora'', [[W:Georgian language|Salovian]]: ავრორას საფონდო ბირჟა) is a securities exchange located in [[Sani Bursil]], [[Great Morstaybishlia]]. It is by far the largest securities exchange on [[Aurora]] and arguably the largest on [[Urth]] by the number by total market capitalisation. The underlying legal tender used to mediate transactions is the [[Kirib]]. Abbreviated as the '''ASE''', it is owned by the Auroran Stock Exchange Company which is a publicly traded registered company in Great Morstaybishlia.
The '''Auroran Stock Exchange''' ([[W:German|Ethalrian]]: ''Auroranische Börse'', [[W:Maori|Oan]]: ''Ko te Utu Hokohoko o te Orora'', [[W:Georgian language|Salovian]]: ავრორას საფონდო ბირჟა) is a securities exchange located in [[Sani Bursil]], [[Great Morstaybishlia]]. It is by far the largest securities exchange on [[Aurora]] and arguably the largest on [[Urth]] by the number of companies and by total market capitalisation. The underlying legal tender used to mediate transactions is the [[Kirib]]. Abbreviated as the '''ASE''', it is owned by the Auroran Stock Exchange Company which is a publicly traded registered company in Great Morstaybishlia.

The ASE originated as the Bursil Merchant's Market in the 16th century as an invite-only market for members of the Royal Bursil Merchant's Guild. It evolved to be the Royal Bursil Paper's Market in the 17th century when it was granted a royal charter. It was reestablished as one of the oldest modern stock exchanges in the world under the name of the Sani Bursil Stock Exchange in the 18th century. Due to its influence and preeminence, it was renamed as the Auroran Stock Exchange. Telephonic trading was introduced in the 20th century due to the advent telephones which allowed investors to make trades by calling in. This was further advanced by the invention and commercialisation of computers which allowed for electronic trading. Today, it is helmed by one of the former [[Prime Ministers of Great Morstaybishlia]], [[Walter Johannes]] since 2020 following his defeat in the [[2019 Great Morstaybishlia General Election|2019 Great Morstaybishlian General Elections]] by [[Franklin Barvata]] and [[MBE Labour]].

== History ==
On 23 October 1521, the

al Bursil Merchant's Guiwas formed by owners of ships known then as merchants. These merchants were responsible for sending ships to foreign nations to trade in various goods.his organisation was established to coordinate the activities of merchants in the Burisaye-Celidizia area. The sponsors of the expeditions, crews and ships of these merchants were often wealthy land-owning aristocrats and courtiers at the [[Sani Bursil Royal Palace]]. d to


== Regulatory influence ==
== Regulatory influence ==