The trading of U.S. stocks is a conversion of time and time. It opens at 9: 30 pm in summer and closes at 4 am the next day. Open at 0: 30 pm in winter/kloc-0, and close at 5:00 the next morning.
Us stocks and a shares are the same, and they are closed on saturdays and sundays.
The American stock exchange has a long history and a mature structure, which has completed listing financing for many great companies in human history. As we all know, new york Stock Exchange and Nasdaq Stock Exchange are both part of the American stock market.
The most primitive form of the stock market exists in coffee shops, where stockbrokers used to trade the ownership of companies or commodities.
The embryonic form of the NYSE we see today started with the buttonwood agreement of 1792. Twenty-four stockbrokers gathered under a buttonwood tree on Wall Street and negotiated a buttonwood agreement, which stipulated that they would meet under the buttonwood tree every day to engage in securities trading, and formulated the minimum standard of trading commission and other trading rules. At present, the market value of American stock market is 25 trillion, 18 national stock exchanges, with different trading dark pools.
The reason why American stock market is the financing choice of many great companies is because of its fairness, openness and legality. It represents American values and American dream, and enables a free and fair market to develop. In order to ensure the fairness of transactions, the SEC monitors listed companies listed in the United States.
Their work includes protecting investors, promoting capital formation, enforcing federal securities laws, supervising the securities market and providing data. With their existence, financial markets will gain more reliability and fairness.
Because of this reliability, companies all over the world will choose to list on American exchanges such as new york Stock Exchange and Nasdaq, thus attracting more investors and better companies.
This virtuous circle is the cornerstone of American financial market, and it has also made America a world financial center.
American investment funds usually need to register with the Securities and Exchange Commission (SEC) as listed investment companies (such as mutual funds, closed-end funds and exchange traded funds (ETFs)) according to the requirements of the registration system.
The SEC maintains the circulation of the securities market by protecting investors from market fraud. After these investment companies are registered, their security can basically be determined. Other financial services companies (such as brokerage dealers and consulting companies) also need to be registered with the SEC before they can be put into use.
With the help of the SEC, investors can obtain registration statements, reports and other security documents. These files can be obtained from the SEC's electronic database EDGAR. However, private investment funds such as hedge funds usually do not need to be registered and listed. This makes them operate under different regulatory standards and systems from public institutions.