It's a horse race from 9:30 to 4 every day in New York City. Only instead of horses running around a track, it's stocks and bonds and other securities.
Then a bell rings, and two things happen. A) a dog drools and B) stocks stop officially trading. It is in this next thirty to sixty minutes that many companies take the opportunity to announce their quarterly results, or special events like a merger, or a CEO being caught on video with their mistress.
The bell moniker is a relic of bygone times when, at the end of the day, an actual bell was rung. It was, for better or worse, replaced with electronic, synthesized noises replicating a bell in today's way-too-high-tech world.
Related or Semi-related Video
Finance: What are Capital Markets?7 Views
Finance a la shmoop what are capital markets? well you've heard of the great [Planet earth appears]
markets of the world the Silk Road market, the Arab markets, the stockade
markets well the same thing exists for money or
capital, investment capital what is investment capital yeah stocks
bonds derivatives above stocks and bonds like putting call options commodities
like coins and water rights and oil oh and Bitcoin don't forget Bitcoin and
yeah CME trades it now well all of those are
fruits in our little fifty trillion dollar global capital market system the [Fruits appear on global capital market system stall]
actual daily pricing intelligence that comes from capital being traded back and
forth yep money is bought and sold like used
cars that never die zombie cars that's what comprises our global capital
market system and just as in other markets well you always have to watch [Women stood by a store desk]
out for couponers
Up Next
What are At-the-Close Orders and At-the-Opening Orders? At-the-Close orders are given to brokers and the brokers can only fill them at the close of...
What is an Auction Market? Auction markets are the common stock exchanges. They allow buyers and sellers to enter bids and offers; trades occur whe...
What is the Fast Market Rule? The fast market rule is something that is used in the U.K. to keep the market under control when any sort of crash ha...