Monday, February 23, 2015

The New York Stock Exchange is a in New York City. Where is the NASDAQ Exchange located? What city can we find it in? After all, these...

The NASDAQ exchange is also in New York City, a couple of blocks from the New York Stock Exchange. In fact, a huge portion of all financial service activity in the United States---which is in fact a significant fraction of all financial service activity in the world---is concentrated in New York City.

Normally I wouldn't cite Wikipedia, but they actually have an entire category "Financial services companies based in New York City." That's how many there are.

Financial services often seem to clump together in this way, for reasons that are not fully understood. Financial centers or "hubs" form in particular cities, such as New York City, London, Hong Kong, Tokyo, and Zurich. Actually, of the top 10 financial center cities worldwide, 3 are in the United States---New York, San Francisco, and Washington, D.C.

No comments:

Post a Comment

What was the device called which Faber had given Montag in order to communicate with him?

In Part Two "The Sieve and the Sand" of the novel Fahrenheit 451, Montag travels to Faber's house trying to find meaning in th...