Description

The Dutch East India Company (founded in 1602) was the first joint-stock company to get a fixed capital stock and as a result, continuous trade in company stock occurred on the Amsterdam Exchange. There are now stock markets in virtually every developed and most developing economies. IT plays a dominant role in the management of Stock Exchange World over. IT has transformed the working of Stock Exchange in the global scenario. Information and Technological advances have occurred, and continue to determine important changes in trading activities, thereby affecting market dynamics, price formation mechanism and price volatility.