Modern Stock Exchange
Organized and regulated financial markets for trading company stocks and bonds on a large scale, facilitated by telegraph communication.
Core metadata
- ID: stock_exchange_modern
- Era: Industrial
- First known date: 1837 (decade)
- Region: Europe, North America, and industrializing regions
- Review status: source_checked
- Maturity: N/A
Prerequisites
Dependents
- Consumer Installment Credit (consumer_installment_credit)
- Modern Financial Derivatives (financial_derivatives)
- Stock Ticker Systems (stock_ticker_systems)
Fields
Field lanes
- Finance & Markets: Markets & Commerce
Node sources
- New York Stock Exchange (Encyclopaedia Britannica, 2026, textbook) • Supports: node
Locator: The exchange evolved from a 1792 brokers meeting; ownership and trading regulation evolved through 1817 formalization and became a major securities marketplace after the Civil War. - Development of securities trading (Encyclopaedia Britannica, 2026, textbook) • Supports: node, edge
Locator: Early formal securities trading institutions in Amsterdam and London, with a New York exchange in 1792 and 19th-century industrialization-era expansion.
Prerequisite edge evidence
Edge/source evidence summary:
- Prerequisite edges: 3
- Average edge confidence: 68%
- Prerequisite sources: 3
- expert_inference: 3
| Prerequisite | Type | Confidence | Evidence level | Note | Sources |
|---|---|---|---|---|---|
| Telegraph (telegraph) | enabling | 68% | expert_inference | Telegraph provides a capability that enables this technology without being the only possible path. |
|
| Banking (banking) | enabling | 68% | expert_inference | Banking provides a capability that enables this technology without being the only possible path. |
|
| Double-Entry Bookkeeping Diffusion (double_entry_diffusion) | enabling | 68% | expert_inference | Double-Entry Bookkeeping Diffusion provides a capability that enables this technology without being the only possible path. |
|
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