The most famous stock exchange. by Zuzana Valkova

Its definitely the New York Stock Exchange. When you say stock exchange the first thing you think about is the New York building. Big, old building with marbles in the front. After 9/11 there is huge American flag on the marbles. You don't think about London, Tokio or Bombay stock exchange. Yes, these are important too, some of them are more powerful and bigger, but still they are not as famous as this one. So how did it start? First original Stock Exchange in New York was, and still is, located at Wall Street, which is by the way, known as one of the richest streets in the world. Every wealthy and good company has to have their headquarters at Wall Street. So the first SE started with 24 stock brokers and that time was called New York Stock and Exchange Board. A little too long name don't you think so? They had to rent their place for 200 $, but after Great Fire in the city it was moved to temporary building. They changed the name, to these days used New York Stock Exchange. But the SE was increasing so they needed bigger place to be able to work, so they decided to build a new building. The new and now so famous building was opened in 1901, It was one of the biggest places in the city. Some buildings and floors were added later, the last one in 2000, and some trading rooms were closed, because of increasing of electronic trading. In 1978 was the main building written to the list of national Historic Landmark, which contains buildings, structures or other object which are historic important or significant.

related story: http://news.yahoo.com/s/nm/20080122/bs_nm/markets_stocks_dc;_ylt=ApFmfaBt_HPvkrwglXJ2fj.s0NUE

by Zuzana Valkova for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.