Definitions
What is a stock?
A security over ownership of an asset/earning in a corporation.
What does TSX stand for?
Toronto Stock Exchange
What are the 3 primary types of exchanges?
Currency as a Medium of Exchange, Barter Transactions and Virtual Currencies
What does the stock market provide?
Provides a continuous market for buying and selling securities.
Define shareholder.
An owner of shares in a company.
Who is TSX owned by?
The TMX Group
What type of medium is cash?
Currency as Medium of Exchange
What is the importance of the stock market?
It contributes to economic growth, raises capital for businesses, creates investment opportunities for small business.
What is a stock exchange?
It is a market in which bonds, notes and shares are bought and sold.
When were they founded?
1861
What type of medium is cashless?
Barter Transactions
Why do the central banks keep a close watch on the stock market?
The stock market plays a pivotal role in the growth of the industry and commerce of a country which eventually affects the economy of a country greatly.
What is a stock market?
Where buying, selling and issuance of shares of publicly held companies takes place.
How many stock did they start with?
18 stocks
What are the advantages of virtual currencies?
Does not expose holders to foreign exchange risks
Provides anonymity
Avoids processing fees for credit cards
What is spreading of equity culture and how does it help?
Information that stock exchanges have which is available to the public. This data helps in educating the public about investments in securities.
What is the Toronto Stock Exchange?
It is the 12th largest exchange in the world and is owned by the TMX Group.
When they became a national exchange what type of equities did they sell?
Senior Equities
What is bitcoin?
Virtual currency
How is the pricing of securities determined?
Stock market provides the platform to get the values of the securities based on the basis of supply and demand factors.