Demutualisation and the evolution of stock exchanges

Stock Exchanges are vital enablers of economies in that they facilitate the transfer of capital from economic agents with surplus capital to those with a deficit in order to create economic activity.

In other words, stock exchanges provide a platform on which Governments and Corporates can issue securities in exchange for capital (from investors seeking returns) as well as serve as a market on which these issued securities can be traded. 

 

Editor's Comment
Mob justice isn't just

A young man suspected of breaking into a car was seized by residents, severely assaulted, and died in the hospital within an hour. We unreservedly condemn this mob justice. It is not a solution to crime, but a criminal offence that turns citizens into murderers.Residents are understandably angry about theft. The person who raised the alarm at 4am acted lawfully, and the neighbours who rushed to help showed community spirit. But what followed was...

Have a Story? Send Us a tip
arrow up