Concordian Stock Exchange: Difference between revisions

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The '''Concordian Stock Exchange''' ([[W:Norwegian|Norgsveltian]]:, [[Impelanzan]]:, [[W:Dutch|Vistari]]:, or simply '''CSX''') is a securities exchange located in the Central Financial District in [[Matthews]], [[South Hills]]. It is the second largest securities exchange in the world by number of companies and total market capitalisation behind the [[Auroran Stock Exchange]]. In 2018, it had total market capitalisation of 21 trillion SHD and an average daily trading volume of 102 billion SHD.
The '''Concordian Stock Exchange''' ([[W:Norwegian|Norgsveltian]]: ''Konkordansk Bors'', [[Impelanzan]]: ''Bolsa de Valores Concordense'', [[W:Dutch|Vistari]]: ''Concordaanse Beurs'', or simply '''CSX''') is a securities exchange located in the Central Financial District in [[Matthews]], [[South Hills]]. It is the second largest securities exchange in the world by number of companies and total market capitalisation behind the [[Auroran Stock Exchange]]. In 2018, it had total market capitalisation of 21 trillion SHD and an average daily trading volume of 102 billion SHD.


It was preceded by a semi-informal system of auctioneers and stockbrokers who sold securities and commodities in the 1800s. Inspired by the Sani Bursil Stock Exchange, the Stock Brokers and Auctioneers Association of Matthews established the Concordian Stock Exchange to facilitate and coordinate sales and fees charged. The new stock exchange attracted many organisations including the government which was more easily able to sell treasury bonds. The CSX integrated online and telephonic trading, computer-based order processing, and other modern developments. Furthermore, through its requirements of a prospectus, financial statements, investment grade credit rating from [[Preston & Cole]] etc., it exercised ''de facto'' regulatory power. [[Preston & Cole]] also provides various market indices and classification methodologies.
It was preceded by a semi-informal system of auctioneers and stockbrokers who sold securities and commodities in the 1800s. Inspired by the Sani Bursil Stock Exchange, the Stock Brokers and Auctioneers Association of Matthews established the Concordian Stock Exchange to facilitate and coordinate sales and fees charged. The new stock exchange attracted many organisations including the government which was more easily able to sell treasury bonds. The CSX integrated online and telephonic trading, computer-based order processing, and other modern developments. Furthermore, through its requirements of a prospectus, financial statements, investment grade credit rating from [[Preston & Cole]] etc., it exercised ''de facto'' regulatory power. [[Preston & Cole]] also provides various market indices and classification methodologies.

Latest revision as of 02:09, 3 October 2022

Concordian Stock Exchange
TypePublic
CSX:CSX
ISINUC57399RTH56
IndustryFinancial services
FoundedAugust 21, 1814; 209 years ago (1814-08-21)
FounderStock Brokers and Auctioneers Association of Matthews
Headquarters16 Confederation Street, Central Financial District, ,
Key people
Hadrian Bel Ami (CEO)
Services
  • Order processing
  • Securities classification
  • Transaction intermediation
  • Broker, arbitrage and auctioneer regulation
RatingPreston & Cole: AAA

The Concordian Stock Exchange (Norgsveltian: Konkordansk Bors, Impelanzan: Bolsa de Valores Concordense, Vistari: Concordaanse Beurs, or simply CSX) is a securities exchange located in the Central Financial District in Matthews, South Hills. It is the second largest securities exchange in the world by number of companies and total market capitalisation behind the Auroran Stock Exchange. In 2018, it had total market capitalisation of 21 trillion SHD and an average daily trading volume of 102 billion SHD.

It was preceded by a semi-informal system of auctioneers and stockbrokers who sold securities and commodities in the 1800s. Inspired by the Sani Bursil Stock Exchange, the Stock Brokers and Auctioneers Association of Matthews established the Concordian Stock Exchange to facilitate and coordinate sales and fees charged. The new stock exchange attracted many organisations including the government which was more easily able to sell treasury bonds. The CSX integrated online and telephonic trading, computer-based order processing, and other modern developments. Furthermore, through its requirements of a prospectus, financial statements, investment grade credit rating from Preston & Cole etc., it exercised de facto regulatory power. Preston & Cole also provides various market indices and classification methodologies.

It is currently located at the CSX Building which is built in the neo-classical style and was completed in 1823. The building has the densest concentration of optic fibre telecommunications cables in the entire city, making it arguably one of the most networked buildings in the world. It is presently led by CEO Hadrian Bel Ami since 2007.