...RESEARCH SYNOPSIS/PROPOSAL Relation between the stock market and GDP Submitted by: Abstract: This research will analyze the stock market earnings impact on the GDP growth of a developing country i.e. Pakistan. This study will help to establish a relationship between stock market earnings and economic (GDP) growth of the country, basically it will answer this question, “How the stock market earnings affect the GDP?” In this research, I shall apply the co integration and error correction model to the stock market performance and GDP and shall try to segregate the role of primary from secondary market and find out linkages between secondary market and growth that may impact on GDP of Pakistan. I shall make an effort to find indicators that lead to growth by having stock market earnings at the back. Table of Contents with List of Tables and/or Illustrations Serial number|Description|Page numbers| 1|Title|i| 2|Abstract|ii| 3|Table of contents|1| 4|Introduction|2| 5|Research Question|3| 6|Research Objective|3| 7|Literature Review|4| 8|Significance|5| 9|Research Methodology|6| 10|Data Collection Sources|6| 11|Data Collection Tools|6| 12|Hypothesis|6| 13|Research Model|7| 14|Theoretical Framework|7| 15|Type of research|8| 16|Sampling technique|8| 17|Data processing, analysis and statistical tools|8| 18|Reference|9| Theoretical framework Illustration…………………………………….7 Introduction: GDP is the key indicator of the economic growth of a developing country...
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...History of Shanghai Stock Exchange China Securities history can be traced back to the late Ming and early Qing Dynasty, in some high-income high-risk business areas, the mode of "investment funds, joint ventures" was operated, and the contract signed between the participants, to become China's first stock prototype. Before the Opium War between Britain and China, west countries international traders not only brought the opium to China, but also brought the advanced finance model and knowledge to china. The first foreign security was issued by a foreign enterprise in 1840s. In 1872, the first Chinese stock was issued by China's first joint-stock companies and the Chinese people. Securities promote the development of securities transactions and capital market. The beginning the Securities and Exchange were only foreigners, and later the Chinese businessmen started to use the securities transactions. China's first stock trading securities companies was established in 1869. One of Shanghai stock company was established in September 1882 and developed the relevant articles of association, the Securities and Exchange haphazard development has become more standardized. In 1891, the Shanghai Share brokers Association was established, which was regarded as the primitive form of stock bourses in china. In 1920 the Shanghai Securities & Commodities Exchange was established, and a year later the Shanghai Chinese Merchant Exchange began. They were combined in 1929, and were then named...
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...10 Largest Stock Exchanges from Asia, Europe, Africa and America: 1. Asia: i. Bombay Stock Exchange: The Bombay Stock Exchange is the oldest exchange in Asia. It traces its history to the 1850s, when four Gujarati and one Parsi stockbroker would gather under banyan trees in front of Mumbai's Town Hall. The location of these meetings changed many times, as the number of brokers constantly increased. The group eventually moved to Dalal Street in 1874 and in 1875 became an official organization known as 'The Native Share & Stock Brokers Association'. In 1956, the BSE became the first stock exchange to be recognized by the Indian Government under the Securities Contracts Regulation Act. The Bombay Stock Exchange developed the BSE SENSEX in 1986, giving the BSE a means to measure overall performance of the exchange. In 2000 the BSE used this index to open its derivatives market, trading SENSEX futures contracts. The development of SENSEX options along with equity derivatives followed in 2001 and 2002, expanding the BSE's trading platform. The equity market capitalization of the companies listed on the BSE was US$1 trillion as of December 2011, making it the 6th largest stock exchange in Asia and the 14th largest in the world.[1] The BSE has the largest number of listed companies in the world. As of December 2011, there are over 5,112 listed Indian companies and over 8,196 scrips on the stock exchange,[3] the Bombay Stock Exchange has a significant trading volume...
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...STOCK EXCHANGES IN INDIA Module Objectives The main objective of this module is to explain the structure of organized exchanges for trading in stocks, commodities and derivatives. The features of derivative instruments like forwards, futures, options and swaps are also described. Module Contents 5.1. Stock Exchanges 5.2. Commodity Exchanges 5.3. Derivatives 5.4. Currency Futures in India 5.1 Stock Exchanges in India 5.1.1 History and Development Indian Stock Markets are one of the oldest in Asia. Its history dates back to nearly 200 years ago. The earliest records of security dealings in India are meagre and obscure. The East India Company was the dominant institution in those days and business in its loan securities used to be transacted towards the close of the eighteenth century. By 1830's business on corporate stocks and shares in Bank and Cotton presses took place in Bombay. Though the trading list was broader in 1839, there were only half a dozen brokers recognized by banks and merchants during 1840 and 1850. The 1850's witnessed a rapid development of commercial enterprise and brokerage business attracted many men into the field and by 1860 the number of brokers increased into 60. In 1860-61 the American Civil War broke out and cotton supply from United States of Europe was stopped; thus, the 'Share Mania' in India begun. The number of brokers increased to about 200 to 250. However, at the end of the American Civil War, in 1865, a disastrous slump began (for...
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...Introduction With an uncountable range of investment options one might think of why to go to a stock market, bein reputed as one of the most riskiest options it has proved to provide some with a larger value than of what they invested. This is a market in which shares of publicly held companies are issued and traded either through exchanges or over-the-counter markets. Also known as the equity market, the stock market is one of the most vital components of a free-market economy, as it provides companies with access to capital in exchange for giving investors a slice of ownership in the company. The stock market makes it possible to grow small initial sums of money into large ones, and to become wealthy without taking the risk of starting a business or making the sacrifices that often accompany a high-paying career. This report will help provide a comprehensive insight on the Singapore Exchange (SGX) and its market indices, moreover it goes on to include historical milestones, the financial products that is made available to the public by the bourse, its profile of listed companies, market statistics and recent performances of the market. Singapore Exchange (SGX) The Singapore Bourse was formed on 1st Decemebr 1999, serving as a frontline regulator for the markets and clearing houses that operates in Singapore. SGX works closely with the relevant regulatory authorities, including the Monetary Authority of Singapore (MAS) and the Criminal Affairs Department (CAD), to develop...
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...What is Stock Exchange? Meaning Stock Exchange (also called Stock Market or Share Market) is one important constituent of capital market. Stock Exchange is an organized market for the purchase and sale of industrial and financial security. It is convenient place where trading in securities is conducted in systematic manner i.e. as per certain rules and regulations. It performs various functions and offers useful services to investors and borrowing companies. It is an investment intermediary and facilitates economic and industrial development of a country. Stock exchange is an organized market for buying and selling corporate and other securities. Here, securities are purchased and sold out as per certain well-defined rules and regulations. It provides a convenient and secured mechanism or platform for transactions in different securities. Such securities include shares and debentures issued by public companies which are duly listed at the stock exchange, and bonds and debentures issued by government, public corporations and municipal and port trust bodies. Stock exchanges are indispensable for the smooth and orderly functioning of corporate sector in a free market economy. A stock exchange need not be treated as a place for speculation or a gambling den. It should act as a place for safe and profitable investment, for this, effective control on the working of stock exchange is necessary. This will avoid misuse of this platform for excessive speculation, scams and other...
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........ Department of Accounting, Gachhbaria Govt. College, Chittagong. Subject: Submission of Term Paper Dear Sir, We are very pleased to submit the term paper on “Chittagong Stock Exchange; An Evaluation of the Operation, Problems and Prospects”. We were assigned to prepare and submit this term paper as the partial fulfillment of the course entitled BBA. We have tried our best to prepare this term paper perfectly. Nevertheless, this paper has been suffered by time and cost limitation. We will be obliged, if you kindly accept this term paper. We are ready to make you clear regarding any confusion or further clarification from this term paper. Yours Sincerely ..................................... PARUL AKTER BBA (Hons) 2nd year Roll: 8095336 Reg: 2112555 Class Roll: 1164 Session: 2011-2012 Department of Accounting, Gachhbaria Govt. College, Chittagong. Acknowledgement This is a great privilege for us to finish the report in due time. During the preparation of this report we have received generous help from many individual’s which we would like to mention with our deepest gratitude. First of all, we like to thank ..........................., Lecturer of Accounting Department for granting us this great opportunity to work on this subject, “Chittagong Stock Exchange; An Evaluation of the Operation, Problems and Prospects”. We have earned a lot of experiences while preparing the report and also learned. The entire development of the study has conducted...
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...Dhaka stock is the main stock exchange on Bangladesh. It is situated in Motijhil, Dhaka. Dhaka stock exchange is the first stock exchange of Bangladesh. As of 18 August 2010, the Dhaka Stock Exchange had over 750 listed companies with a combined market capitalization of $50.28 billion. Formation: Dhaka stock exchange is formed under Company act 1994, Security and exchange commission act 1993, Security and Exchange Commission Regulation 1994, and Security Exchange (Inside Trading) regulation 1994. The issued capital of this company is Tk. 500,000 which is divided up to 250 shares each pricing Tk. 2000. No individual or firm can buy more than one share. According to stock market rule only members can participate in the floor and can buy shares for himself or his clients. At present it has 238 members. Market capitalization of the Dhaka Stock Exchange reached nearly $9 billion in September 2007 and $27.4 billion on Dec 9, 2009. Management Dhaka Stock Exchange is entrusted on a 25 member’s board of directors. Among them 12 are selected from DSE members, another 12 are selected from different trade bodies and relevant organization. The CEO is the 25th member of the board. The following organizations are currently holding positions in DSE Board: ▪ Bangladesh Bank ▪ ICB ▪ President of Institute of Chartered Accountants of Bangladesh ▪ President of Federation of Bangladesh Chambers of Commerce and Industries ▪ President of Metropolitan Chambers of Commerce...
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...An Analysis On The Role of Bangladesh Securities and Exchange Commission Course Name : Financial Institution and Market Course Code: Fin-335 , Sec: 1 Prepared for Prof. Tanvir Ahmed Chowdhury Chairman, Department of Business Administration East West University Prepared by Holistic Heroes Submission Date: 25th March, 2014 Group Profile Department Of Business Administration Letter of Transmittal 25th March 2014 Prof. Tanvir Ahmed Chowdhury Chairman Department of Business Administration East West University Dear Sir, It gives us immense pleasure to present our term paper on the topic “ An Analysis on Bangladesh Securities and Exchange Commission, for the course Financial Institution and Market (FIN_335). By doing this paper we have learned a lot practical issues regarding BSEC , Capital Market, Stock Market, Bond Market etc and we think that will help us in our near future. We would like to thank you for your valuable guidance in every problem we had the precious time that you give us. We will be available for any further clarification required and requesting to accept our term paper. Thank you Sincerely All the Members of Holistic Heroes Syed Md. Fakruuddin Nahid Hasan Sayma Sultana Al Mumtahina Shuovy Asma Sultana Nusrat Sharmin Eva Table of content | Page no | Introduction | 6 | 1.0.0 Bangladesh Securities and Exchanges Commission | 7 | 1.2.0 Function of BSEC | 9 | 2.0.0 Capital...
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...changeThe National Stock Exchange (NSE), located in Bombay, is India's first debt market. It was set up in 1993 to encouragestock exchange reform through system modernization and competition. It opened for trading in mid-1994. It was recently accorded recognition as a stock exchange by the Department of Company Affairs. The instruments traded are, treasury bills, government security and bonds issued by public sector companies. The number of members trading on the exchange has been on a steady increase, helping integrate the national market and providing a modern system with a complete audit trail of all transactions. Membership * 1026 trading members on the Capital Market segment, of which around 86% account for corporates and the remaining individuals and firms. * 113 trading members on the Wholesale Debt Market segment, all of which account for corporates. (Out of these 113 trading members, 106 are members of the Capital Market segment also and are included in the 1026 members indicated above). Geographic Distribution * Over 2600 trading terminals * Over 1500 VSAT’s across the country with a 24 hour Network monitoring system in over 160 cities as of December 31st, 1997. Number of Companies * On the Capital Market segment, 600 securities are listed and 762 securities are permitted to trade as of December 31st, 1997. * On the Wholesale Debt Market segment, 470 securities are listed and 369 securities are permitted to trade as of December...
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...Bangladesh Stock Exchange INTRODUCTION Stock market is an essential part of capital market. The economy of our country largely depends on a strong capital market. Contribution of any stock exchange generally leads to economic growth by increasing the funds to finance industry and other enterprise. Stock exchange is an independent company formed by shareholders members. It can take various decisions independently. The objectives of stock exchange is to provide a market place along with facilities for together the buyers and seller’s of securities, promote just and equitable principles of trade, protect the interest of the investors. A complete automation project of Chittagong stock exchange is on full swing. Considering the important the role of Chittagong stock exchange in development of capital market of Bangladesh, an attempt, has been in this terms paper to study the contemporary practices of stock trading in Chittagong stock market. RATIONALITY OF THE STUDY Where the rationality is the answer is prominently dominant in the why Is this essay helpful? Upgrade your account to read more and access more than 600,000 just like it! get better grades we make research?. The easiest are follow: 1. Make enable the students to realize the practical field of research. 2. Help to pursue the study in better way. 3. to understand and realize where management practices. 4. To complete in the job sector in vigorously. 5. To deserve the international recognition. ...
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...DAX INTRODUCTION It is an index that tracks the price development of the 30 largest and most actively traded German equitiesDAX was launched on 1 July 1988 by FWB Frankfurter Wertpapierbörse (Frankfurt Stock Exchange), Arbeitsgemeinschaft der Deutschen Wertpapierbörsen (Association of German Stock Exchanges) and Börsen-Zeitung (a German stock exchange newspaper).It comprises the 30 most actively traded stocks (blue chips), and represents approximately 75 percent of the aggregate capital stock of listed German stock corporations. Moreover, DAX shares account for approximately 85 percent of trading volume in German equities.DAX stocks are admitted to trading in the Regulated Market segment and are listed in Prime Standard. The criteria for weighting the stocks in the index are: trading volume and market capitalization on the basis of the number of shares in free float, as well as position in the respective sector.DAX is calculated by Deutsche Börse AG as both a price and performance index on the basis of Xetra prices, and updated by the second. The calculation procedure is independently monitored on a regular basis. Deutsche Börse decides whether changes are to be made to the composition of the index on an annual basis in September.Outside the regular review dates, a company can be taken out of the index if it does no longer belong to the 45 largest companies in terms of market capitalization and trading volume. Respectively, a company can be included in the index if it ranks...
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...I. History of London Stock Exchange A. Early days (1693—1801) 1. Coffee House The early history of the London securities market can be traced back to the seventeenth century. A broker called John Castaing began to issue a list of stock and commodity prices called “The Course of the Exchange and other things” at his office in what was known as Jonathan’s Coffee-house. It is the earliest evidence of organized trading in marketable securities in London. 2. Royal exchange This is something similar to the exchange that we see today. The Royal Exchange not only housed brokers but also merchants and merchandise. However, this was the birth of a regulated market and, as such, had its teething problems in the shape of unlicensed brokers. B. Opportunities (1801—1914) 1. Establishment On 3 March, 1801, the first regulated institution of the London Stock Exchange was formed and the modern Stock Exchange was born. 2. First codified rule book In February 1812, the General Purpose Committee confirmed a set of recommendations, which later became the foundation of the first codified rule book for the Exchange. With its new governmental commandments and increasing trading volume in place, the Exchange was progressively becoming an accepted part of the financial life in the City. The government used the Exchange's organized market to raise the enormous amount of money in the wars against Napoleon. C. During the Wars (1914 —1945) 1. The...
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...With all the views and perspectives Dhaka Stock Exchange is the first Stock Exchange in Bangladesh. It was established by the East Pakistan in 1954.It is located at Motijeel in Dhaka. Now Bangladesh has two stock exchanges one is DSE that is Dhaka stock exchange and another is CSE that is Chittagung stock exchange.DSE and CSE is playing a vital role in stock exchange business. It has been putting a great contribution in national economy of the country. The educated people of the country is investing their money in the stock exchange market rather than saving in the banking institutions. So people of the country are getting a smooth benefit from share market. Because of that they are investing their money in the stock exchange market. From this report we got that most of the people knows something about the share market and they are doing this business earnestly. 1.INTRODUCTION Dhaka Stock Exchange (Generally known as DSE) is the main stock exchange of Bangladesh. It is located in Motijheel at the heart of the Dhaka city. It was incorporated in 1954. Dhaka stock exchange is the first stock exchange of the country. A 24 members council is managed and operated the function of DSE. Among 24 members, 12 are chosen DSE members and the remaining 12 are chosen from the following position: Bangladesh Bank Commerce Ministry Finance Ministry Law Ministry Industries ministry President of Institute of Chartered Accounts...
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...Microeconomics "Stock exchange in Germany and Poland" Content 1 Introduction 2 Stock exchange and corporate capital needs 3 Regulation of the stock market in Germany and Poland 4 Stocks and Bonds 4.1 Stocks 4.2 Bonds 4.3 Corporate choice between stocks and bonds 5 Share Market Value 6 The History of the Stock exchange in Germany from Frankfurt 7 The History of Stock Exchange in Poland 8 The Frankfurt Stock Exchange 9 The Warsaw Stock Exchange 10 The DAX at the Frankfurt Stock Exchange 11 The WIG on the Warsaw Stock Exchange 12 Stock market indexes compared 13 Conclusion 14 References 1 Introduction “Stock exchanges deal with a number of financial instruments such as stocks, bonds and equities. Both corporate and government bonds are traded in stock exchanges. Every day, stocks are exchanged and traded in numerous international stock exchanges around the world. Stock Exchanges are open markets that trade financial assets. So, the main function is to ease the transactions for buying and selling of securities. Stock exchanges also serve as a source of capital formation for listed companies. Whether associated with a company or acting as an individual, a stock exchange is the place where stocks are bought and sold. The actual trading of stocks takes place through mediators such as financial advisors, brokerage houses, and stockbrokers. There are a number of major stock exchanges around the world and...
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