Currently, major exchanges only deal with non-assessable stocks or bonds. The last time these bonds were issued was during World War II (so, put on your swing dancing shoes and get ready for a Fireside Chat). The unique trait to these bonds is that the company sold them at less than face value, on the condition that they could come back for the rest of the money later if they needed to.
Related or Semi-related Video
Finance: What is NYMEX?25 Views
Finance allah shmoop what is nynex Sounds like a snooty
new fusion restaurant in soho doesn't it Well in fact
it isn't the new york mercantile exchange or the merc
if you want to sound like an insider is just
a trading post which covers the basics in the land
of commodities like gold sugar natural gas cotton and corrupt
congressmen you can trade them now on a fantasy league
It's this building here in manhattan right along the hudson
perfect for anyone second guessing any of their investment decisions
although in reality there are now zero transactions done inside
the actual exchange This being the twenty first century and
all everything is elektronik Those recently is two thousand sixteen
If you prefer to get your hands feet and soul
dirty you could head on down to one north end
avenue hop into the pit there and scream and jest
iq yah late wildly along with a handful of others
on the physical trading floor Yeah listen to him scream
but because investors by and large traded in a trek
to the exchange with a few clicks on their mac
well everything is now entirely on the interwebs as they
call them in the midwest But while the physical location
today is just houses well webs Yeah you can actually
trade on the nymex in your underwear It's Kind of 00:01:25.003 --> [endTime] cool
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