The Evolution of the Philadelphia Stock Exchange: 1964-2002

FRB of Philadelphia Working Paper No. 03-21

70 Pages Posted: 18 Aug 2004

See all articles by John Caskey

John Caskey

Swarthmore College - Economics Department; Bard College - The Levy Economics Institute

Date Written: August 2003

Abstract

This paper analyzes the evolution of the Philadelphia Stock Exchange (PHLX), America's oldest stock exchange, from 1964 through 2002. The paper seeks to explain how the PHLX managed to attract a sufficient volume of trading orders to support its members and cover its operating costs during this period, and how it adapted to survive in an era with profound changes in the structure of securities markets.

Keywords: Philadelphia Stock Exchange

Suggested Citation

Caskey, John, The Evolution of the Philadelphia Stock Exchange: 1964-2002 (August 2003). FRB of Philadelphia Working Paper No. 03-21, Available at SSRN: https://ssrn.com/abstract=574167 or http://dx.doi.org/10.2139/ssrn.574167

John Caskey (Contact Author)

Swarthmore College - Economics Department ( email )

Swarthmore, PA 19081
United States

Bard College - The Levy Economics Institute

Blithewood
Annandale-on-Hudson, NY 12504
United States

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
145
Abstract Views
1,106
rank
248,922
PlumX Metrics