In these tricky financial times we are hearing more and more financial jargon, which can be a headache for some people trying to keep a tab on what is going on with the world's money problems. One way of keeping an eye on the world's financial ups and downs is to check how national indexes are doing in the stock exchange. However, the stock exchange is a minefield of acronyms, jargon and industry buzz words which may fly right over regular people's heads.
The stock market is not a physical place but a network of trading centres around the world in which people or companies buy and sell company stock and derivatives. Exchanges are where the stocks are listed and traded by companies whose work involves matching up buyers and sellers. The largest stock exchange in the world is the New York Stock Exchange on Wall Street in New York City. A stock market index is a portfolio of shares used by media and financial services to judge the market. Ecommerce companies listed on these markets are still reliant on payment service providers and money transfer services, they are often the supports that allow the businesses to operate.
Here is a quick rundown of some of the main acronyms and what they are:
FTSE 100
The FTSE 100 or 'footsie 100' is a share index of the 100 most capitalised companies in the UK. These include the likes of HSBC, BP, Barclays, Aviva, J Sainsbury, Tesco and Prudential. The FTSE 100 is the most widely used indicator of the UK stock market as it represents about 80% of the market in the London Stock Exchange.
NASDAQ
NASDAQ is the largest trading (by volume) exchange in the world. It was the world's first fully electronic stock exchange and now owns 8 exchanges in Europe and owns a third of the Dubai Stock Exchange. NASDAQ originally stood for 'National Association of Securities Dealers Automated Quotations' but now just goes by NASDAQ.
Dow Jones
The Dow Jones is a grouping of all the indexes around the world and covers around 90% of market capitalisation for the worlds established and emerging markets. This means that under the term Dow Jones there are thousands of companies which have become financially attractive enough to make them worth people investing in so are put on the stock market for people to buy and sell bits of.
GOOG
GOOG is an example of a company on the exchange. GOOG is Google's ticker symbol. (Every company has an abbreviation for ease of trading.) Google is listed on the NASDAQ and is one of thousands of companies currently trading around the world.
Hopefully these explanations will help you keep your head from popping while the world's economy is under pressure.
The stock market is not a physical place but a network of trading centres around the world in which people or companies buy and sell company stock and derivatives. Exchanges are where the stocks are listed and traded by companies whose work involves matching up buyers and sellers. The largest stock exchange in the world is the New York Stock Exchange on Wall Street in New York City. A stock market index is a portfolio of shares used by media and financial services to judge the market. Ecommerce companies listed on these markets are still reliant on payment service providers and money transfer services, they are often the supports that allow the businesses to operate.
Here is a quick rundown of some of the main acronyms and what they are:
FTSE 100
The FTSE 100 or 'footsie 100' is a share index of the 100 most capitalised companies in the UK. These include the likes of HSBC, BP, Barclays, Aviva, J Sainsbury, Tesco and Prudential. The FTSE 100 is the most widely used indicator of the UK stock market as it represents about 80% of the market in the London Stock Exchange.
NASDAQ
NASDAQ is the largest trading (by volume) exchange in the world. It was the world's first fully electronic stock exchange and now owns 8 exchanges in Europe and owns a third of the Dubai Stock Exchange. NASDAQ originally stood for 'National Association of Securities Dealers Automated Quotations' but now just goes by NASDAQ.
Dow Jones
The Dow Jones is a grouping of all the indexes around the world and covers around 90% of market capitalisation for the worlds established and emerging markets. This means that under the term Dow Jones there are thousands of companies which have become financially attractive enough to make them worth people investing in so are put on the stock market for people to buy and sell bits of.
GOOG
GOOG is an example of a company on the exchange. GOOG is Google's ticker symbol. (Every company has an abbreviation for ease of trading.) Google is listed on the NASDAQ and is one of thousands of companies currently trading around the world.
Hopefully these explanations will help you keep your head from popping while the world's economy is under pressure.
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