The Telegraph and Stock Exchanges: How Innovations in Communications Technology Influenced Regional Exchanges in the United States, 1830–1860 - Couverture souple

Livre 104 sur 104: Palgrave Studies in Economic History

Garg, Sonali

 
9783031404092: The Telegraph and Stock Exchanges: How Innovations in Communications Technology Influenced Regional Exchanges in the United States, 1830–1860
Couverture souple
ISBN 10 : 3031404092 ISBN 13 : 9783031404092
Editeur : Palgrave Macmillan, 2025

Synopsis

This book chronicles the ascension of the New York Stock Exchange, detailing its remarkable rise to preeminence and its lasting impact on financial history.

In the 1830s, New York, Philadelphia, and Boston each had a stock exchange. These were the New York Stock Exchange (NYSE), Philadelphia Stock Exchange, and Boston Stock Exchange. As there was no reliable means of communicating between these cities in real time, each exchange served its local market. The 1840s brought an innovation in communications technology: the telegraph, which, in time, brought these exchanges into competition with each other.

Three previously independent stock markets became, in effect, a single market. If a security was listed on more than one exchange, potential buyers and sellers could choose the exchange on which to execute a trade in this security. This book details how the NYSE emerged as the winner of this competition. 

Chapters analyze key moments in history that made the NYSE a reliable location to trade securities that evoked regional and eventually national interest. This analysis is applied to the competition between (i) stock exchanges today; (ii) taxi ride-booking services such as Uber and Ola; (iii) restaurant to home, food delivery services, such a Zomato and Swiggy; and (iv) doorstep delivery services, such as Blinkit and Zepto.

The resulting book provides the untold history of the NYSE and its rise to preeminence in the American economy. 

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l?auteur

Sonali Garg is an independent researcher based in New Delhi, India. She has worked as a regulator at the Competition Commission of India and holds a Ph.D. in Economics from The Ohio State University. Views expressed in the book are the author's.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Palgrave Macmillan
Date d'édition
2025
Langue
anglais
ISBN 10 
3031404092
ISBN 13 
9783031404092
Reliure
Broché
Nombre de pages
188
Coordonnées du fabricant
Springer Nature Customer Service Center GmbH
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Europaplatz 3,69115 Heidelberg, Germany
Heidelberg
69115
Allemagne

Autres éditions populaires du même titre

9783031404061: The Telegraph and Stock Exchanges: How Innovations in Communications Technology Influenced Regional Exchanges in the United States, 1830–1860

Edition présentée

ISBN 10 :  3031404068 ISBN 13 :  9783031404061
Editeur : Palgrave Macmillan, 2024
Couverture rigide