Why is there a DOW and Nasdaq for example, couldn’t they all be consolidated into one?
In: 3
They do have slightly different rules and enforce these in a slightly different way. Stock exchanges are a form of regulatory body making sure that publicly traded companies disclose their information in a proper way and conduct themselves properly. At the same time the stock exchanges are competing against each other trying to get as many people trading on them as possible by having more stocks available but also have few badly behaved stocks.
Latest Answers