#ChoiceBroking #Trivia - The concept of mutual fund started back late in 1700 in Europe, when a Dutch merchant and broker invited subscriptions to form a trust to provide an opportunity to diversify for small investors with limited means
#ChoiceBroking #Trivia - The name of the famous ‘Wall Street’ originates from an actual wall that was built in the 17th century by the Dutch, who built 12-foot wall to protect attacks from pirates and various Native American tribes.
#ChoiceBroking #Trivia - The origin of term ‘blue-chip stock' derives from poker. The simplest sets of poker betting discs include white, red, and blue chips, with tradition dictating that the blues are highest in value.
#ChoiceBroking #Trivia - In India, History of loans dated back during the Maurya dynasty (321 to 185 BC), an instrument called 'Adesha' which was an order on a banker desiring him to pay the money of the note to a third person. which corresponds to the definition of a bill of exchange as we understand it today