for questions that relate to stock exchanges. A stock exchange is a form of exchange which provides services for stock brokers and traders to trade various securities.

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5
votes
1answer
192 views

Can one see the transactions in the stock market?

If I am interested to see the individual transactions in a certain exchange market (e.g. NYSE) for a certain stock (e.g. GOOG) - is it possible?
2
votes
1answer
99 views

“limit order” vs “at-or-better order”

Investopedia says that a limit order is: An order placed with a brokerage to buy or sell a set number of shares at a specified price or better. Investopedia says that an at-or-better order is: ...
2
votes
2answers
484 views

How do I calculate the quarterly returns of a stock index?

I was reading an article and it stated something along the lines of (not accurate figures): Quarter | Stock Index % Change In Quarter Sep 2011 | 5.21 Dec 2011 | 4.69 Mar 2012 | 3.20 June 2012 | ...
2
votes
1answer
63 views

Difference between full and mini futures contract

What is the difference between the following two Brazilian futures contracts: The Ibovespa Futures Contract The Mini Ibovespa Futures Contract As far as I can tell, both are priced in Brazilian ...
2
votes
3answers
969 views

What exactly is BATS Chi-X Europe?

I was told that BATS Chi-X Europe is not a stock exchange, that rather it is an equity market. The Wikipedia article states that it is an alternative to exchange traded equities and ...
0
votes
0answers
272 views

Historic (CAGR) of DJIA, S&P500, NASDAQ

Looking for concrete data for a presentation I'll be giving about personal finance. I'm looking for the average market return of the three big indexes from 1950-onwards at least. I've been able to ...
6
votes
1answer
506 views

How does it work when the same ETF is listed on several stock exchanges?

I'm trying to understand how do ETFs listed in several exchanges work. Take VUSA, for example. It's listed in London, Zürich and Amsterdam. Same ISIN, so I assume it's exactly the same thing. If I ...
2
votes
1answer
98 views

How to find the smallest transaction fees and commissions available and reduce trading overhead?

I buy and sell stock through my bank. The various bank/broker/tax overheads, if I was to buy stock and immediately sell it at the same price, is roughly 3%. I am seeking to understand what exactly ...
6
votes
2answers
490 views

What does “/” and “^” mean in ticker symbols? How to translate these symbols into yahoo?

I have downloaded a complete list of all NYSE stock symbols from the NASDAQ website here. As it turns out, many of these symbols are not recognized by the yahoo finance page. In particular, there ...
2
votes
2answers
158 views

Incorporating real-world parameters into simulated(paper) trading

A bit expanding the question asked here, I want to try and test a strategy using a simulated(paper) trading. As a first step, I have tried to find any brokers who provide a convenient simulated ...
2
votes
1answer
100 views

Periodicity in stock charts

Not sure if this is the right forum for this kind of question, but here goes: I have been looking at a 3.5 year time series of several hundred DJIA stocks and notice that for many (but not all) ...
3
votes
3answers
505 views

Can we estimate the impact of a large buy order on the share price?

What I am trying to understand is if we know the number of shares a company trades and the current price of the share can we estimate what volume of trade that is required to move the share price in ...
2
votes
2answers
1k views

How does order matching happen in stock exchanges?

When I place my trade order in the stock exchanges, I know the price matching happens and only when there is a buyer and seller at the same price a trade happens. But how does the quantity matching ...
1
vote
1answer
68 views

Where can I find a list of all reverse listings on European stock exchanges for a specific period?

From Wikipedia: A reverse takeover or reverse merger (reverse IPO) is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex ...
2
votes
1answer
89 views

Bids and asks in case of market order

Suppose that person A places buy market order with quantity 1000 of firm XYZ. Now in the market there only are various asks of quantity: quantity 100, quantity 2000, quantity 1000. Each ask has ...
3
votes
2answers
256 views

Can a stock exchange company actually go bust?

I found out today via random googling that stock exchanges are themselves actually companies that are traded on their own exchange. For example, the London Stock Exchange. What will happen if this ...
-3
votes
1answer
171 views

Does the bid price of a stock change depending on which brokerage I am using?

If I have an account with two separate discount brokerages and they have different market makers on NASDAQ, is it possible that they will give me different quotes? Will the bid price of brokerage #1 ...
-3
votes
1answer
183 views

Does market maker buy when nobody else is buying and sell when nobody else is selling?

In this investopedia article , they say: Market Makers (MM) - These are the players who provide liquidity in the marketplace. This means that they are required to buy when nobody else is ...
-1
votes
2answers
107 views

What extra information might be obtained from the next highest bids in an order book?

In this article here, Level 2 explains its components. One component is: Highest bid prices: The highest 5 or 10 prices (depending upon the market) that traders are willing to pay to buy a ...
3
votes
2answers
65 views

How can I know if the ETF stock is bought by stock participant (change) or the fund (vs. outflow)?

Consider an ETF with tick symbol TIP and a customer clicking 'Sell' to sell one share via Fidelity brokerage. How can the customer know if that single stock will be bought by another person on the ...
6
votes
2answers
2k views

What college degree should I pursue to learn about stock and forex markets?

What college degree should I pursue to learn the fundamentals of the stock market? Are there way to understand how stocks and foreign exchange markets work, including their strategies and drawbacks?
0
votes
1answer
2k views

What do the Sizes on Bid/Ask Quotes Mean?

I have a basic question regarding equities. For this example, assume that I have a quote for KO stock which says the following: Current Price = $39.00 | Bid = 38.99 x 6800 | Ask = 39.00 x 4300 What ...
2
votes
1answer
61 views

What's the justification for the DJIA being share-price weighted?

It seems almost entirely irrelevant. So a company could have a reverse 2 for 1 split, and double its weighting in the average? How can one of the most popular barometers of the stock market be ...
2
votes
1answer
257 views

Stock exchanges using open outcry

There is often discussion about efficiency of different trading systems. Is there some stock exchange using open outcry trading as of today?
0
votes
0answers
50 views

Investing in US Markets from India [duplicate]

Possible Duplicate: How can I trade in U.S stock exchange living in India by choosing the broker in U.S? I don't reside in US but would like to invest in US markets. If not in specific ...
1
vote
4answers
2k views

Why can it be a bad idea to buy stocks after hours?

I've heard people say is foolish to buy stocks after hours. Why do they say this?
5
votes
2answers
377 views

What do brokerage firms do?

So in the past, before they had computers, I imagined brokerage was the fee given to a stock broker to give you advice on what stocks to buy, or to ring up and make a trade for you. But now ...
3
votes
1answer
280 views

Is the concept of an “odd lot” adjusted to stock price?

This page suggests that orders under 100 shares of stock are considered "odd". I was told that stock exchanges "do not want odd lots". Is this statement true? For example, 50 shares of GOOG are worth ...
1
vote
1answer
354 views

Rate of return of stock index

One can always see on the news for example, the movement of stock indexes. Say for example: S&P +5.15 (0.05%) or S&P -0.57 (0.001%) But how would I calculate the 2 numbers above? (+5.15 and ...
3
votes
1answer
119 views

How much do brokerages pay exchanges per trade?

When an online broker executes a trade on for example the NYSE how much do they pay to have the trade executed on the NYSE?
0
votes
1answer
296 views

What do these numbers mean for the S&P?

What does the numbers for the S&P mean in the image below? For example, on 18th October, it says S&P -5.60. What does the -5.60 mean? I looked at the S&P Open, High, Low and Close prices ...
1
vote
1answer
111 views

Knockout certificate (Long) fell more than 6% even though the underlaying security rose 1.2%

I recently bought a knockout certificate for facebook. So far it has been doing great returning more then 200%. But recently it has been doing something really strange. On Friday Facebook rose 1.2% ...
0
votes
2answers
427 views

Bidding/Asking Fraction of a cent

I know that stocks below $1.00 can be traded to 4 decimal places, but is that possible for stocks above $1.00? On a list order transactions, one can find prices like $2.2801 despite most ecn brokers ...
2
votes
5answers
349 views

Can dividends be exploited?

Apple announced a dividend of $2.65/share on August 16th. I was thinking... could somebody buy, say 1,000 shares of Apple, receive the dividend, and then sell the shares right back? ...
3
votes
1answer
139 views

Are stocks only listed with one exchange in one place?

A couple questions about stocks: Can a stock be listed on multiple exchanges throughout the world? Can the price of a stock be different for you based on where you are in the world, or is the price ...
4
votes
1answer
71 views

Cost Basis Of Stocks Of Numbers of Companies With A Financial Firm Before Transfer To The Present and Of Records Lost To Client?

What if there are shares of companies each which were purchased six to nineteen years ago with a prior financial firm before being transferred to the present financial firm? What are ways to get the ...
2
votes
2answers
223 views

Trading on exchanges or via brokerage companies?

I was wondering what relations are between brokerage companies and exchanges? Are brokers representing investors to trade on exchanges? For individual investors, what are some cons and pros of ...
7
votes
2answers
1k views

How do exchanges match limit orders?

Say a security has been trading at under $20.10, and there are limit orders selling at $20.10 and $20.21. Then Simon issues a limit order to buy at $20.21. According to this explanation, Simon would ...
6
votes
1answer
472 views

Who owns NASDAQ? Does it collect fees from stock transactions?

If NASDAQ is a corporation, does it make profits by charging fees on transactions? When I pay a fee for buying stocks, am I paying the broker or NASDAQ?
6
votes
1answer
422 views

Who sets the price and provides the quoted price values for stocks?

I somewhat understand that the price of stocks is determined by the market, but who exactly changes those prices that we see listed on Yahoo! Finance for example? If I own a share in a company listed ...
4
votes
2answers
620 views

Why would a company have 2 listings on the same exchange?

An example would be Cardno Ltd which has: CDD.AX - http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=CDD:AU CDDN.AX - ...
4
votes
1answer
702 views

For a single company listed in multiple exchanges in different countries, are the shares being offered the same?

For a given company ABC, which is listed in PSE, DEU and ASX. Are the shares being offered in DEU the same shares being offered in ASX and PSE? What's the difference if a person buys it in DEU versus ...
7
votes
1answer
75 views

FTSE exposure in US Exchanges

Is there a FTSE 100 index futures contract that trades on the US exchanges? Thanks I think there is an ETF but I am looking for futures, mainly for charting purposes.
8
votes
1answer
340 views

Arbitrage with a limit order

The usual notion of arbitrage means that I put two market orders at different exchanges which are immediately executed at different prices, so I earn price difference. Is there a special name for the ...
3
votes
1answer
185 views

Why are stocks traded via stock brokers?

From Wikipedia: A transaction on a stock exchange must be made between two members of the exchange—an ordinary person may not walk into the New York Stock Exchange (for example), and ask to ...
-2
votes
1answer
940 views

Getting live data from Yahoo! Finance for the National Stock Exchange of India (NSE)?

Refer to Streaming real-time stock quotes from Yahoo! Finance Can I get real time data (from NSE India) using Yahoo! Finance API after subscribing to their service ?
4
votes
3answers
845 views

Where can I get real-time stock price data for National Stock Exchange of India (NSE)?

I am not sure if this is the right place to ask this, however I couldn't find a better place after searching Stack Exchange. From where can I get tick data/real-time data for the National Stock ...
3
votes
3answers
252 views

Are buyouts always for higher than the market value of a stock?

When a company buys out another company is it always the case that the company doing the buying pays more than the current market value of the stock of company being bought? Can a company not bargain ...
6
votes
1answer
239 views

Why the need for human brokers while there are computers?

In this day and age there are still human brokers on the trading floor. Computers are perfectly capable of negotiating a deal (buy/sell) in milliseconds when ordered to do so. So why are there still ...
2
votes
1answer
61 views

Is there a standard for naming stocks exchanges? Is there a list of abbreviated names?

If I want to refer to a stock that is traded at a specific exchange how do I specify the name of the exchange? And is there a list of all the shortcuts for the names of all the exchanges in the ...