The bourse

The term “bourse” (in English and French) or “börse” (in Geman) refers to an exchange where buyers and sellers of equities meet. The term owes its origin to the founder of an early stock exchange, the Flemish merchant Ter Beurze.

On the subject of stock exchanges, Bloomberg has an interesting article today on the decline of the New York Stock Exchange and its imminent merger with Deutsche Börse AG, as well as on the changes the stock market has undergone in recent years with the rise of electronic trading.

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