About from now on We have to go back 2,000 years to look at the rise of the stock market.. In fact, trade also occurs here, which is an indispensable source of income in any period. The first shares also emerged from trading in commercial paper.

Today The share that 9 out of 10 people talk about We don’t know if the stock market has followed the same course since the past, but its history is quite deep-rooted.

According to globally accepted literature; It is believed that in 1487 in Belgium a functional stock exchange was established by buying and selling trading documents, that is, by exchanging shares.

The origins of stockbroking date back to Jewish families in Bruges, Belgium, who adopted money trading as a profession. The Van der Beurze family, living in Belgium, is believed to have been influential in the emergence of the term “stock market”.. The first publicly traded shares appeared on the Amsterdam Stock Exchange in the Netherlands in the early 17th century.

During this period, major shipping and trading companies began using stock to finance major overseas voyages. These companies issue shares to increase capital and spread risk. They offered it to the public.

One of the most famous and groundbreaking companies, founded in 1602 It was the Dutch East India Company (VOC). The VOC used shares to raise capital among Dutch merchants and investors who wanted to invest in the rich trading opportunities in the East Indies. VOC shares were documents that could be bought and sold among investors, thereby raising capital.

These shares were bought and sold in places such as squares or stock exchange buildings, very different from today.

Investors traded in shares by transferring them from hand to hand or by auctioning them on the stock exchange. These first share transactions in the Netherlands It is said to have laid the foundation for modern stock markets. Stocks and stock exchanges have also become an important means of raising capital and facilitating trading. With the developing maritime trade in the world, countries such as England, Spain, Italy, the Netherlands and Belgium are establishing major trading centers in many regions.

Middlemen were an important part of many activities that took place in these trading centers. The rise of commercial paper and loan documents, was largely achieved through the contributions of intermediaries, and the first policy measures were implemented during this period. The spread of commercial notes has also led to the emergence of some rules regarding bill exchanges. The inclusion of trading documents in stock exchange transactions represents the first step in the development of stock brokerage.

How did we learn about the stock market?

In the Ottoman Empire, Borrowed because of the Crimean War of 1854 The widespread switching of bonds gave the securities a commercial character and laid the foundation for stock market activity.

Galata was known as a trading center where merchants and bankers regularly lived and did business during the Byzantine period. In 1864, a group of bankers active in this region founded an association. In this period “Galata Bankers” This community, known as , conducted business in several inns.

“Dersaadet Bonds Exchange”, founded in Istanbul in 1866 with the encouragement of foreign creditor states, opens as Turkey’s first official stock exchange.

This exchange was restructured as the “Esham and Bonds Exchange” by an ordinance of 1906 and continued its operations in this manner until the Republican era. Name of the fair in 1938 “Foreign Exchange, Esham and Bond Exchange” and the introduction of exchange controls with the enactment of the Law on the Protection of the Value of the Turkish Currency in 1939, had a major impact, especially on the securities of foreign companies and the Istanbul Stock Exchange, which is linked to the European stock exchanges.

Istanbul Stock Exchange Ordinance on October 31, 1985 It is accepted at the general meeting and from this date an important step has been taken to make the Istanbul Stock Exchange operational. The stock exchange was officially opened on December 26, 1985 and held its first session on January 2, 1986.

Stock market development, It received a major boost, especially in the 19th century, with the birth and spread of joint-stock companies. Although the major economic crises of the late 19th to early 20th centuries interrupted the development of stock markets, the stock market, in which virtually everyone participates, continues to gain momentum at full speed.