Jockeyship (speculation in national lottery tickets) and many other samples of the fascinating exchange lingo.
In the Russian financial history, exchange trading developed during the times of Peter the Great. Russian exchange merchants only traded contracts for commodities at first, but as time went on, securities and other instruments also started to appear in the market.
The famous Wall Street in New York, US played a remarkable role in the evolution of exchanges. In the late 18th century, there grew a buttonwood tree, under which traders and speculators met in order to trade securities.
In the Russian financial history, exchange trading developed during the times of Peter the Great. Russian exchange merchants only traded contracts for commodities at first, but as time went on, securities and other instruments also started to appear in the market.
The famous Wall Street in New York, US played a remarkable role in the evolution of exchanges. In the late 18th century, there grew a buttonwood tree, under which traders and speculators met in order to trade securities.