CSEA Inc: Difference between revisions
(Page created) |
m (→History: Added link to Blechingia) |
||
| Line 18: | Line 18: | ||
In 1969 the Central Securities Exchange Association (CSEA) was founded as an entirely electronic stock market. Over the next few decades CSEA exploded in prominence, rapidly asserting its position as the largest stock exchange in Foxomexra by both trade volume and market capitalization. | In 1969 the Central Securities Exchange Association (CSEA) was founded as an entirely electronic stock market. Over the next few decades CSEA exploded in prominence, rapidly asserting its position as the largest stock exchange in Foxomexra by both trade volume and market capitalization. | ||
On 13 March 1990 the Ardgan Stock Exchange purchased the Malmö Stock Exchange in Blechingia for 300 million ACU, and rebranded itself as Ardgan-Malmö International Exchange Inc. | On 13 March 1990 the Ardgan Stock Exchange purchased the Malmö Stock Exchange in [https://iiwiki.us/wiki/Kingdom_of_Blechingia Blechingia] for 300 million ACU, and rebranded itself as Ardgan-Malmö International Exchange Inc. | ||
On 16 December 1991 CSEA made its first overseas purchase of a stock exchange, the Marcosberg Stock Exchange in [https://www.nationstates.net/nation=maricoen Maricoen] for 275 million ACU. | On 16 December 1991 CSEA made its first overseas purchase of a stock exchange, the Marcosberg Stock Exchange in [https://www.nationstates.net/nation=maricoen Maricoen] for 275 million ACU. | ||
Revision as of 18:39, 6 May 2021
CSEA, Inc. (Central Securities Exchange Association Inc., commonly acronymized as “C-Sea” or “C-C” in regular speech) is a multinational financial services corporation that owns and operates several stock exchanges around the world. It is headquartered in Renol, capital of the Province of Drulin in the Federal Republic of Foxomexra.
Within Foxomexra CSEA maintains the largest market capitalization of any stock exchange, followed closely by the Kenzik Trading Group - operators of the Lulern Stock Exchange. CSEA Inc. operates the only stock exchanges in the countries of Copalis and Encessia.
CSEA Inc.’s stock exchange operations are listed below in order of market capitalization:
- CSEA. Based in Renol, Foxomexra
- Ardgan Stock Exchange. Ardgan, Foxomexra
- Malmö Stock Exchange. Malmö, Blechingia
- Marcosberg Stock Exchange. Marcosberg, Maricoen
- Samepo Stock Exchange. Samepo, Encessia
- Hester Stock Exchange. Hester, Copalis
History
The first trading of securities recorded in Foxomexra occurred in 1644 in the city of Ardgan, capital of what was then the Empire of Foxomexra. Throughout the 17th century the exchange of securities took place in various informal settings until a permanent location for what was to become the Ardgan Stock Exchange was adopted in 1685, a location which was used for the next century until 1813 when the building was heavily damaged during the attack on Ardgan by Traditionalist forces during the Solar Schism. A new permanent location was not established until 1821 after the conflict had subsided. The new location continues to be the site of the Ardgan Stock Exchange to this day.
In 1969 the Central Securities Exchange Association (CSEA) was founded as an entirely electronic stock market. Over the next few decades CSEA exploded in prominence, rapidly asserting its position as the largest stock exchange in Foxomexra by both trade volume and market capitalization.
On 13 March 1990 the Ardgan Stock Exchange purchased the Malmö Stock Exchange in Blechingia for 300 million ACU, and rebranded itself as Ardgan-Malmö International Exchange Inc.
On 16 December 1991 CSEA made its first overseas purchase of a stock exchange, the Marcosberg Stock Exchange in Maricoen for 275 million ACU.
CSEA purchased the Samepo Stock Exchange of Encessia on 26 April 1994 for a price of 320 million ACU.
On 23 September 1998 CSEA purchased the Hester Stock Exchange for 143 million ACU.
CSEA Inc. and Ardgan-Malmö International Exchange Inc. merged in 2005 following a CSEA offer of 7 billion ACU. At this time, CSEA became a publicly traded company.
In 2011 a merger between CSEA and Kenzik Trading Group - operator of the Lulern Stock Exchange in the Province of Rugia, Foxomexra - was blocked by the Foxomexran government’s Department of Justice on the grounds that it would institute a near-monopoly on the country’s securities exchange market.