Exchange coffee basics born in cafes

Coffee, always wrapped around a wisp of fragrance, mixed with lubricated taste, in the soft world of white or black, entangled with an intoxication that makes the world immersed in it.

In addition to being intoxicated, a large number of numerous transactions have also been derived.

Although the first stock exchange was born in Amsterdam, the Netherlands in 1602, with the rise of Great Britain in the second half of the 17th century, the economic center of Europe has shifted to London, England. At that time, coffee houses were more popular than clubs, news from all over the world was crucial to the trend of the domestic economy, and coffee houses were the most convenient places to get news from all directions.

But at that time, there was no stock exchange, stock trading was purely private business, like-minded investors found a place to get together to buy and sell stocks, and the stock market was quietly sprouting in coffee houses in a dual-need environment.

John, an Englishman in 1698? John Castaing conducts stock trading activities at the Jonathan's Coffee-House Cafe in Chais Hutong, London, and issues a list of stock and commodity prices called the Exchange and other matters process (The Course of the Exchange and Other Things), that is, the listing of shares. The company generated by this fund-raising activity is called charter companies. Because the Emperor or Queen of England will issue a charter for every joint-stock business project, granting economic, political and legal rights.

This led to the early organized stock trading activities in London, and the coffee shop was the predecessor of the London Stock Exchange.

In 1773, the first stock exchange in Britain landed. Perhaps even Kastain himself did not expect that the business originally intended to make a fuss in the coffee shop would evolve into the most important economic activity in the world, and even form a global market for stocks, futures and commodities.

However, just when people can't associate coffee shops with stock exchanges, the same story is played out in the United States, dominated by Tandy, who is smarter than Kastain.

It is conceivable that under a tall and thick sycamore tree, a group of brokers sat together, smoking, drinking and chatting, and finally made a "plane tree agreement", and then a passing shrewd boss discovered the business opportunity. so he built a cafe on the nearby Wall Street, this shrewd guy is called "Tandy", and this cafe is rightly called Tandy Cafe.

With the advantage of geographical location, the enthusiastic Tandy often invited these brokers to patronize him, so the securities market, which used to eat and sleep, found a "safe haven" and naturally moved into the cafe. This model not only allows Tandy not to worry about the coffee shop business, but also allows a group of people to carry out their "business" regardless of rain or shine. Why not enjoy the win-win story?

Just 24 years later, in 1817, brokers involved in the trading of Wall Street's Tondy Cafe passed a formal charter to establish the New York Stock Exchange, which is today the New York Stock Exchange.

In this way, in the course of more than ten years of ups and downs and the come and go of investors, the cafe has become an exchange, and their meeting point is the spontaneous business needs.

Under the guidance of business needs, the coffee shop is actually just a shell, and the exchange is just one of the microcosms seen.

For example, Lloyds, a British insurer with more than 6000 business relationships around the world, was also a coffee shop. As customers engaged in marine insurance patronized the cafe, it gradually became a distribution center for information and eventually evolved into an insurance company in London.

So now, cafes are beginning to play a new role in many big cities in China, and even many private cafes in the capital are not for profit, but to create an atmosphere of cafes for investment negotiations. after all, the millions of profits from an investment far outweigh the operating costs of the cafe.

And this kind of way, also gradually forms a kind of transaction fashion in the investment circle.