THE STOCK MARKET History of the stock market S tock markets are some of the most important parts of today’s global economy. Countries around the world depend on stock markets for economic growth. In 12th-century France, the courretiers de change were concerned with managing and regulating the debts of agricultural communities on behalf of the banks. Because these men also traded with debts, they could be called the first brokers . A common misbelief is that, in late 13th-century Bruges , commodity traders gathered inside the house of a man called Van der Beurze , and in 1409 they became the "Brugse Beurse", institutionalizing what had been, until then, an informal meeting, but actually, the family Van der Beurze had a building in Antwerp where those gatherings occurred; the Van der Beurze had Antwerp, as most of the merchants of that period, as their primary place for trading. The idea quickly spread around Flanders
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