york stock exchange

Social network of traders — real time news

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Henry Clews

Henri Clouzot was born in England in 1836, and in 1850 emigrated to the United States. Clouzot began as a clerk in a large company-importer, and only later moved into the financial sector business. Clouzot became a member of the New York Stock Exchange shortly after the panic of 1857, during which prices have fallen about 50 percent. «This crisis has sounded a funeral march for the old conservatism in the» Street «- wrote Clouzot. — There was a young race of financiers, to fill the seats of the old conservative leaders. » For all its extravagance Clouzot was an investor in the price. He realized that «in light of all this tumultuous mass of facts are the laws of nature if we study them for their control facilities, they (the laws) will be working exactly the same way as the rising sun.»

Ticker symbol

A stock symbol or ticker symbol is a short abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market. A stock symbol may consist of letters, numbers or a combination of both. «Ticker symbol» refers to the symbols that were printed on the ticker tape of a ticker tape machine. U.S stock symbol history In the United States, modern letter-only ticker symbols were developed by Standard & Poor’s (S&P) to bring a national standard to investing. Previously, a single company could have many different ticker symbols as they varied between the dozens of individual stock markets. The term ticker refers to the noise made by the ticker tape machines once widely used by stock exchanges. The S&P system was later standardized by the securities industry and modified as years passed. Stock symbols for preferred stock have not been standardized.

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