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Exchange (organized Market)
An exchange, bourse (), trading exchange or trading venue is an organized market (economics), market where (especially) tradable securities, commodity, commodities, foreign exchange market, foreign exchange, futures contract, futures, and option (finance), options contracts are bought and sold. History 12th century: Brokers on the Grand Bridge, France In the twelfth century, foreign exchange dealers in France were responsible for controlling and regulating the debts of agricultural communities on behalf of banks. These were actually the first brokers. They met on the Grand Bridge in Paris, the current Pont au Change. It takes its name from the forex brokers. 13th century: ''Huis ter Beurze'', Belgium The term ''bourse'' is related to the 13th-century inn named "''Bourse at Bruges, Huis ter Beurze''" owned by family in Bruges, Belgium, where traders and foreign merchants from across Europe, especially the Italian Republics of Republic of Genoa, Genoa, Republic of Florence, Fl ...
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Market (economics)
In economics, a market is a composition of systems, institutions, procedures, social relations or infrastructures whereby parties engage in Exchange (economics), exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services (including labour power) to buyers in exchange for money. It can be said that a market is the process by which the value of goods and services are established. Markets facilitate trade and enable the distribution and allocation of resources in a society. Markets allow any tradeable item to be evaluated and priced. A market emergence, emerges more or less spontaneous order, spontaneously or may be constructed deliberately by human interaction in order to enable the exchange of rights (cf. ownership) of services and goods. Markets generally supplant Gift economy, gift economies and are often held in place through rules and customs, such as a booth fee, competitive pricing, and source of goods for ...
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Republic Of Genoa
The Republic of Genoa ( ; ; ) was a medieval and early modern Maritime republics, maritime republic from the years 1099 to 1797 in Liguria on the northwestern Italy, Italian coast. During the Late Middle Ages, it was a major commercial power in both the Mediterranean Sea, Mediterranean and Black Sea. Between the 16th and 17th centuries, it was one of the major financial centres of Europe. Throughout its history, the Genoese Republic established Genoese colonies, numerous colonies throughout the Mediterranean and the Black Sea, including Corsica from 1347 to 1768, Monaco, Gazaria (Genoese colonies), Southern Crimea from 1266 to 1475, and the islands of Lesbos and Chios from the 14th century to 1462 and 1566, respectively. With the arrival of the early modern period, the Republic had lost many of its colonies, and shifted its focus to banking. This was successful for Genoa, which remained a hub of capitalism, with highly developed banks and trading companies. Genoa was known as ' ...
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Anonymous - The Inside View Of The Royal Exchange At London - B1977
Anonymous may refer to: * Anonymity, the state of an individual's identity, or personally identifiable information, being publicly unknown ** Anonymous work, a work of art or literature that has an unnamed or unknown creator or author * Anonymity (social choice), a property of a voting rule, saying that it does not discriminate apriori between voters Organizations * Anonymous (hacker group), the collective name of loosely affiliated individuals who participate in hacktivism Film and television * "Anonymous" (''Australian Playhouse''), an Australian television play * ''Anonymous'' (film), a 2011 film * ''Anonymous'' (TV series), a 2006 Irish television show * "Anonymous" (''CSI''), a 2000 episode of ''CSI: Crime Scene Investigation'' * "Anonymous" (''NCIS: Los Angeles''), a 2010 episode of ''NCIS: Los Angeles'' Music * Anonymous (band), an Andorran band * ''Anonymous'' (Blackbear album) (2019) * ''Anonymous'' (Stray from the Path album) (2013) * ''Anonymous ...
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Dutch East India Company
The United East India Company ( ; VOC ), commonly known as the Dutch East India Company, was a chartered company, chartered trading company and one of the first joint-stock companies in the world. Established on 20 March 1602 by the States General of the Netherlands amalgamating Voorcompagnie, existing companies, it was granted a 21-year monopoly to carry out trade activities in Asia. Shares in the company could be purchased by any citizen of the Dutch Republic and subsequently bought and sold in open-air secondary markets (one of which became the Amsterdam Stock Exchange). The company possessed quasi-governmental powers, including the ability to wage war, imprison and execute convicts, negotiate treaties, strike Coinage of the Dutch East India Company, its own coins, and establish colonies. Also, because it traded across multiple colonies and countries from both the East and the West, the VOC is sometimes considered to have been the world's first multinational corporation. St ...
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Tulip Mania
Tulip mania () was a period during the Dutch Golden Age when contract prices for some bulbs of the recently introduced and fashionable tulip reached extraordinarily high levels. The major acceleration started in 1634 and then dramatically collapsed in February 1637. It is generally considered to have been the first recorded speculative bubble or asset bubble in history. In many ways, the tulip mania was more of a then-unknown socio-economic phenomenon than a significant economic crisis. It had no critical influence on the prosperity of the Dutch Republic, which was one of the world's leading economic and financial powers in the 17th century, with the highest per capita income in the world from about 1600 to about 1720. The term ''tulip mania'' is now often used metaphorically to refer to any large economic bubble when asset prices deviate from intrinsic values. Forward markets appeared in the Dutch Republic during the 17th century. Among the most notable was one centred ...
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Dutch Republic
The United Provinces of the Netherlands, commonly referred to in historiography as the Dutch Republic, was a confederation that existed from 1579 until the Batavian Revolution in 1795. It was a predecessor state of the present-day Netherlands and the first independent Dutch people, Dutch nation state. The republic was established after seven Dutch provinces in the Spanish Netherlands Dutch Revolt, revolted against Spanish Empire, Spanish rule, forming a mutual alliance against Spain in 1579 (the Union of Utrecht) and declaring their independence in 1581 (the Act of Abjuration). The seven provinces it comprised were Lordship of Groningen, Groningen (present-day Groningen (province), Groningen), Lordship of Frisia, Frisia (present-day Friesland), Lordship of Overijssel, Overijssel (present-day Overijssel), Duchy of Guelders, Guelders (present-day Gelderland), lordship of Utrecht, Utrecht (present-day Utrecht (province), Utrecht), county of Holland, Holland (present-day North Holla ...
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Amsterdam Stock Exchange
Euronext Amsterdam is a stock exchange based in Amsterdam, the Netherlands. Formerly known as the Amsterdam Stock Exchange (), it merged on 22 September 2000 with the Brussels Stock Exchange and the Paris Stock Exchange to form Euronext. The registered office of Euronext, itself incorporated in the Netherlands a public limited company (), is also located in the exchange. History The Amsterdam stock exchange is considered the oldest "modern" securities market in the world. It was created shortly after the establishment of the Dutch East India Company (Dutch: Nederlandse Oost-Indische Compagnie)(VOC) in 1602 when equities began trading on a regular basis as a secondary market to trade its shares. Prior to that, the market existed primarily for the exchange of commodities. It was subsequently renamed the Amsterdam ''Bourse'' and was the first to formally begin trading in securities. The Sephardic Jewish writer Joseph de la Vega's ''Confusion of Confusions'' (1688) is the first ...
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Antwerp
Antwerp (; ; ) is a City status in Belgium, city and a Municipalities of Belgium, municipality in the Flemish Region of Belgium. It is the capital and largest city of Antwerp Province, and the third-largest city in Belgium by area at , after Tournai and Couvin. With a population of 565,039, it is the List of most populous municipalities in Belgium, most populous municipality in Belgium, and with a metropolitan population of over 1.2 million people, the country's Metropolitan areas in Belgium, second-largest metropolitan area after Brussels. Definitions of metropolitan areas in Belgium. Flowing through Antwerp is the river Scheldt. Antwerp is linked to the North Sea by the river's Western Scheldt, Westerschelde estuary. It is about north of Brussels, and about south of the Netherlands, Dutch border. The Port of Antwerp is one of the biggest in the world, ranking second in Europe after Rotterdam and List of world's busiest container ports, within the top 20 globally. The city ...
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Amsterdam
Amsterdam ( , ; ; ) is the capital of the Netherlands, capital and Municipalities of the Netherlands, largest city of the Kingdom of the Netherlands. It has a population of 933,680 in June 2024 within the city proper, 1,457,018 in the City Region of Amsterdam, urban area and 2,480,394 in the Amsterdam metropolitan area, metropolitan area. Located in the Provinces of the Netherlands, Dutch province of North Holland, Amsterdam is colloquially referred to as the "Venice of the North", for its canals of Amsterdam, large number of canals, now a World Heritage Site, UNESCO World Heritage Site. Amsterdam was founded at the mouth of the Amstel River, which was dammed to control flooding. Originally a small fishing village in the 12th century, Amsterdam became a major world port during the Dutch Golden Age of the 17th century, when the Netherlands was an economic powerhouse. Amsterdam was the leading centre for finance and trade, as well as a hub of secular art production. In the 19th ...
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Ghent
Ghent ( ; ; historically known as ''Gaunt'' in English) is a City status in Belgium, city and a Municipalities of Belgium, municipality in the Flemish Region of Belgium. It is the capital and largest city of the Provinces of Belgium, province of East Flanders, and the third largest in the country, after Brussels and Antwerp. It is a Port of Ghent, port and Ghent University, university city. The city originally started as a settlement at the confluence of the Rivers Scheldt and Leie. In the Late Middle Ages Ghent became one of the largest and richest cities of northern Europe, with some 50,000 people in 1300. After the late 16th century Ghent became a less important city, resulting in an extremely well-preserved historic centre, that now makes Ghent an important destination of tourism. The municipality comprises the city of Ghent proper and the surrounding suburbs of Afsnee, Desteldonk, Drongen, Gentbrugge, Ledeberg, Mariakerke, East Flanders, Mariakerke, Mendonk, Oostakker, S ...
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Lombard Banking
Lombard banking refers to the business of Italian moneylenders generally referred to as "Lombards" (in medieval times Northern Italy was referred as Lombardy, a much larger region than the modern Lombardy). The term was often used in a derogatory sense, as Lombard banking was associated with the sin of usury. History Lombard lenders became active throughout Western Europe in the 13th and 14th centuries, emigrating from major merchant centers in Tuscany such as Florence, Lucca and Siena, and in Northern Italy such as Milan or Genoa but also from smaller cities such as Asti in Piedmont. They often displaced the French Cahorsins, even though there is much confusion in documentary sources between the two communities. In some regional contexts, the two words "Lombard" and "Cahorsin" were used interchangeably until the latter gradually fell into disuse from the 14th century. A Catholic prohibition on profit from money without working made most forms of lending sinful. Pope Leo I forba ...
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Job Adriaensz
Work, labor (labour in Commonwealth English), occupation or job is the intentional activity people perform to support the needs and desires of themselves, other people, or organizations. In the context of economics, work can be seen as the human activity that contributes (along with other factors of production) towards the goods and service (economics), services within an economy. Work has existed in all human societies, either as Payment, paid or unpaid work, from hunting and gathering, gathering natural resources by hand in hunter-gatherer groups to operating complex technology, technologies that mechanization, substitute for physical or automation, even mental effort within an Agriculture, agricultural, Industry (economics), industrial, or post-industrial society. All but the simplest tasks in any work require specific skills, tools, and other resources, such as material for manufacturing goods. Humanity has developed a variety of institutions for group coordination of work, ...
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