TAILIEUCHUNG -    The Market

Cover portrait by June Stevenson. This work is licensed under the Creative Commons Attribution-NoDerivs-NonCommercial License. Essentially, anyone is free to copy, distribute, or perform this copyrighted work for non-commercial uses only, so long as the work is preserved verbatim and is attributed to the author. | The Market FAQbook John Moncure Wetterau 2003 by John Moncure Wetterau. Cover portrait by June Stevenson. This work is licensed under the Creative Commons Attribution-NoDerivs-NonCommercial License. Essentially anyone is free to copy distribute or perform this copyrighted work for non-commercial uses only so long as the work is preserved verbatim and is attributed to the author. To view a copy of this license visit http licenses by-nd-nc or send a letter to Creative Commons 559 Nathan Abbott Way Stanford California 94305 USA. ISBN 0-9729587-4-6 Published by Fox Print Books 137 Emery Street Portland Me 04102 foxprintbooks@ for Catherine What is the market In every country there is at least one place where stocks bonds commodities and currencies are bought and sold. Some have people behind counters some are self-service through computer terminals. Collectively these places are known as the market. Separately they are called exchanges. Exchanges are regional. Generally a French stock is bought and sold in Paris an Indonesian stock in Jakarta. Large brokers are able to buy and sell in foreign exchanges. Some stocks bonds commodities and currencies are traded globally and are widely available at busier exchanges. The market is vast and evolving. Companies go in and out of business countries go in and out of existence cultures rise and fall the market continues. Society needs places for the orderly exchange of financial assets. Overwhelming as it is the market is surprisingly accessible. It doesn t care if you are young old a member of a minority or speak with a stammer. You can buy Swiss Francs sell General Electric option coffee beans or buy Danish treasury bonds just like anyone else. The market is open for business open to .

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