While the rand is a reference currency in the southern Africa region, it is not considered to be a "hard" currency. A year ago, the rand traded at 7. Its exchange rate is managed heavily by the Chinese government and as a result trades within a band set by the Chinese government, on a soft peg to the U. This puts the yuan on a steady, long-run appreciation, which can be seen in its chart for the past year:
In this essay we will discuss about Stock Exchange in India.
After reading this essay you will learn about: Meaning of Stock Exchange 2. Features of Stock Exchange 3.
Major Problems in Trading 6. Essay on the Meaning of Stock Exchange: Industrial securities market can be broadly divided into two parts, i.
Thus the primary market or NIM deals with new securities, i. On the other hand, the stock market is a potential market for those old securities which are Market exchange essay issued and also granted stock exchange quotation.
Thus the stock exchanges usually provide a systematic regular and continuous market for both buying and selling of old securities. The main differences between NIM and stock exchanges are mostly related to: By the term stock exchange, we mean a market where stocks, shares and other kind of securities are bought and sold.
In this market owners can dispose of their securities as per their likings. The present large scale production system favours formation of joint stock company or corporate form of organisation which is quite suitable for securing large amounts of capital from those people who possess surplus funds and are willing to take risk and invest them profitably as per their own convenience and temperament.
The buyer of stocks and securities can realise their invested capital by selling those stocks and shares to others ready to buy the same at the prevailing price in the stock exchanges.
Thus the stock exchange or market is a designated place where shares, stocks and other securities arc bought and sold. Stock market or exchange is, therefore, an important institution for running the corporate type of firm in a smooth manner. Essay on the Features of Stock Exchange: It would be better to identify some of important features of stock exchange.
Following are some of these features: Stock exchange can be termed as voluntary association where various individuals join together and thereby form a private or public limited company so as to initiate the activities of stock exchange.
The stock market must be recognised by the government under the Securities Contract Regulation Act, Moreover, the stock exchange may or may not be registered under the Act.
Foreign Exchange Market The foreign exchange market is one of the most important financial markets. It affects the relative price of goods between countries and so can affect trade. The Stock Market For Beginners - Learn how to invest in the stock market even with little money or capital and what a new investor or trader should do to give themselves the highest chance of success. What is The Stock Market Game ™?. Teachers consistently tell us about the positive influence our programs have on their students. The educational impact of the SIFMA Foundation's Stock Market Game ™ is unmatched, with proven increases in student attendance, engagement and class participation, and improved academic performance and financial behavior.
The stock exchange has framed by-laws to settle disputes etc. The stock exchange does not involve itself in the business of buying and selling of securities rather it provides facilities for buying and selling of securities for its members.
The management of stock exchange is entrusted to its governing body whose composition differs from one another.
The body functions as per the constitutional provisions and by-laws of stock exchange. Essay on the Functions of Stock Exchange in India: The stock market or stock exchanges are usually discharging some important functions for the orderly and systematic growth of capital market.
The following are some of these important functions: Stock markets establish nexus between savings and investments of the community.
What is The Stock Market Game ™?. Teachers consistently tell us about the positive influence our programs have on their students. The educational impact of the SIFMA Foundation's Stock Market Game ™ is unmatched, with proven increases in student attendance, engagement and class participation, and improved academic performance and financial behavior. Words: Length: 4 Pages Document Type: Essay Paper #: Foreign Exchange Market of China The foreign exchange market is a financial market for trading currencies. The market is decentralized and there are financial centers around the world that operate as places of trade, where different types of buyers and sellers can trade the currencies. “I feel like I’m an above-average driver.” I feel like I’m a below-average driver. Likewise, I increasingly find driving stressful and dangerous, plus there are more and more good alternatives to driving that are often cheaper and faster and kinder to the environment.
The community savings are rightly mobilised and channelized by the stock exchanges of the country for its investment into those sectors and companies which the community at large feels secure especially on the basis of its past performance, good return, capital appreciation etc.
The preference of investors for a particular industry or for a particular individual unit is reflected in the share price, which again determine the mode of investment. Stack exchanges render valuable services for the preliminary distribution of new issues of capital and also arrange offers for sale of existing securities, in a most systematic and orderly fashion.
Members of stock exchange also help in floatation of new issues as brokers and underwriters throughout the country. Another important function of stock markets or exchanges is to provide a market place for the purchase and sale of securities to the original subscriber and a huge number of buyers for attaining its free transferability.
As the purchase and sale of securities are centralised in that market so the purchaser usually get a ready seller and the seller usually get a ready purchaser at a competitive price for making necessary transaction on their securities.
Establishing a process of continuous price formation is another important function of stock exchanges or markets. As a large number of buyers and sellers are operating in such market, the collective judgement of such a large number of people brings changes in the level of prices of securities in small graduations in an unending process.
Accordingly, stock markets can act as a barometer of the state of health of the economy of a nation through its continuous price formation which helps an investor to take a right decision at appropriate time. The stock markets establish a system of market makers at par with all leading stock exchanges of the world.
In this system, the market makers usually take the responsibility of making of market of specific shares, i. This system also protects the investors from its exploitation by the stock brokers and ensure transaction of shares at best possible market rates and also ensure prompt execution of transaction and liquidity.Understanding the laws of supply and demand are central to understanding how the capitalist economy operates.
Since we rely on market forces instead of government forces to distribute goods and services there must be some method for determining who gets the products that are produced.
Words: Length: 4 Pages Document Type: Essay Paper #: Foreign Exchange Market of China The foreign exchange market is a financial market for trading currencies. The market is decentralized and there are financial centers around the world that operate as places of trade, where different types of buyers and sellers can trade the currencies.
The foreign exchange market, also known as forex, FX, or currency market is a global decentralized market for trading of currencies and operates on several levels, with the foreign Exchange market being the biggest financial market in the world, and the Australian foreign exchange market ranking seventh in the world.
The foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies.
The main participants in this market are the larger international banks. A black market, underground economy, or shadow economy is a clandestine market or transaction that has some aspect of illegality or is characterized by some form of noncompliant behavior with an institutional set of rules.
If the rule defines the set of goods and services whose production and distribution is prohibited by law, non-compliance with the rule constitutes a black market trade since.
Tariffs revision designed to cure trade deficits have become a live and contentious economic policy issue.
Despite the ripples it creates, confronting the trade deficit is long overdue given its importance to such things as reducing the economy’s growth rate, and all that follows in terms of jobs, wages and income.