What is the Madrid exchange?
The Madrid Stock Exchange, also known as Bolsa de Madrid , is the largest market for securities trading in Spain. This stock market has one of the longest and most colorful history of any other European market. The current market incarnation uses a fully electronic system and works with a large index that is responsible for trading in EUR billions.
The history of this exchange has been more than 200 years, which makes it one of the oldest in the world. However, the first establishment of the stock market in Madrid was not successful. In an effort to imitate the financial benefits on the stock markets in Brugge and Amsterdam, the Spaniard Jose Bonaparte opened an exchange in the monastery and church in Madrid in 1809. It would be more than 20 years before the Madrid Stock Exchange is permanently established.
The opening of the door in 1831, thanks to the approval of the law founded by the National Market, was born to the Madrid Stock Exchange. During the next 100 years the market has seen many inýkyvs as a result of the loss of the Spanish government, which lost control of countries such as Puerto Rico, the First World War and great depression. The biggest change occurred from 1936 to 1940, when the market closed because of the Spanish Civil War. After the end of World War II, the market enjoyed stability and prosperity, joined the European Union, and began to trade all its shares on the basis of the euro.
Determination of state -of -the -art technology available is the cornerstone of the modern stock exchange in Madrid. From the beginning of the exchange up to 90. In 1993, an All-Electronic system was adopted to allow more efficient shops and maintain for better Renord.
Madrid Market establishes its stores on the Madrid exchange index, the directory used to measure the performance of selected shares. The index monitors several different national and international industries that are important to Spain, including construction, financial companies, energyH Companies, consumer goods and more. The Ibex 35 is a concentrated form of index, shortened to the TOP 35 most liquid shares traded in the Madrid market and is comparable to the NASDAQ index of the United States.