{"id":10991,"date":"2019-06-11T07:05:53","date_gmt":"2019-06-11T06:05:53","guid":{"rendered":"https:\/\/dont.wasteyourtime.co\/?p=10991"},"modified":"2019-06-23T08:13:45","modified_gmt":"2019-06-23T07:13:45","slug":"introducing-the-australian-stock-market","status":"publish","type":"post","link":"https:\/\/traders-paradise.com\/magazine\/2019\/06\/introducing-the-australian-stock-market\/","title":{"rendered":"Introducing the Australian Stock Market"},"content":{"rendered":"\n
\"Australian<\/figure>\n\n\n\n

The Australian stock market history begins with six exchanges in Sydney (1871), Hobart (1882), Melbourne (1884), Brisbane (1884), Adelaide (1887) and Perth (1889).<\/p>\n\n\n\n

The first Australian convention was held in 1901. At first, the exchanges attended on an unofficial base. In 1937 the Australian Associated Stock Exchanges (AASE) was founded. Every exchange had its representative. Over time the AASE set consistent listing laws, broker practices, and commission charges.<\/p>\n\n\n\n

Trading was handled by a call system. An exchange worker called the names of each company and brokers bid or offered on each. <\/p>\n\n\n\n

In the 1960s this turned to a post system. Exchange representatives called ‘chalkies’ wrote bids and offers in chalk on blackboards. They also registered transactions made.<\/p>\n\n\n\n

The start of the modern Australian Stock Exchange history was in 1980 when the Melbourne and Sydney stock exchange indices were replaced by Australian Stock Exchange indices. <\/p>\n\n\n\n

After that date, many changes followed. Very fast. So we can say that Australian stock exchange history is full of changes and improvements. <\/p>\n\n\n\n

You might be interested in<\/strong> Leading Stock Exchanges In The World<\/a><\/p>\n\n\n\n

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