LeoGlossary: Wall Street

1 mo (edited)
LeoFinance
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84 words

A term used to summarize the financial industry and the firms within it.

Originally this stemmed from the fact that most brokerage houses were headquartered on or around Wall Street. Much of this had to do with the physical relation to the New York Stock Exchange (NYSE).

Today, with most stocks brought through the Internet, we see how this no longer applies.

It still does apply to the investment players and their motivations, interests, and actions.

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