Course slip
Price slips (also: price report , price sheet ) are regularly appearing tabular representations of the current prices at a stock exchange .
history
The prices determined on a stock exchange or (in the case of non-exchange-traded values) by a bank, dealer or broker only relate to the specifically traded securities or goods, but they are also of interest to third parties, as these prices reflect the market situation. Therefore, they are often published as course sheets. This publication used to be made directly as a notice on the stock exchange or in print. The data were later transmitted by telex or telex . On the basis of these publications, stock exchange and daily newspapers created corresponding tables in their stock exchange section.
The first printed course notes were published in the Netherlands in 1613. It contained the rates of the local goods and bills of exchange. In 1659 the first course card can be traced in Hamburg. In 1693 the first printed course sheet of “The Course of the Exchange” published by John Castaing appeared in London. At the end of the 17th century, securities trading began and the first securities prices can be found in the exchange lists. While the price lists were initially of a private law nature, the price determination was regulated by stock exchange regulations and the price lists developed into official publications of the prices on the respective stock exchange.
meaning
Nowadays the data is published electronically and promptly. In this respect, the term is partly out of date. However, some banks still post quotation lists with selected stocks for their customers.
literature
- Heinz Bremer: Fundamentals of German and Foreign Stock Exchange Law, Encyclopedia of Law and Political Science, Law Department, 2013, ISBN 9783642869167 , pp. 11-12, 16, online
- Gerhard Müller: Bank-Lexikon: Concise Dictionary for Banks and Savings Banks, 2013, ISBN 9783663138013 , pp. 517-518, online