IF 2008 - chapter 7 (Stock Exchange).docVIP

IF 2008 – chapter 7 Stock Exchange History of Associations for Trading Development of joint stock company The first joint stock company: in 1553, 250 merchants of England put up ￡25 each to equip ships to find a North East route to China The East India Company of the Great Britain was formed in 1600 The United East India Company of the Netherlands in 1602 The Hudson Bay Company in 1668 Stock Exchange development Amsterdam opened a stock exchange in 1611, Europe’s oldest Paris Bourse was established in 1724 – but not particularly active Austrian Bourse opened in Vienna in 1771, la