History of Stock Exchanges

Mehmet Baha Karan is a Professor of Finance at the Faculty of Economics and Administrative Sciences, Hacettepe University, Ankara, Turkey. His research focuses on financial economics and energy economics. He is a board member of the Multinational Finance Society and co-founder of the Center for Energy and Value Issues (CEVI). He is passionate about fair competition in financial markets and independent central banks. His previous book, A History of Banks (2024), was published by Springer.

• Chapter 1. Introduction: The Development of Trade in the Mediterranean Basin and the Middle East (1st-13th Century).- Chapter 2. Lyon Trade: From Fairs to Money Markets (13th -14th Century).- Chapter 3. Bruges: The Cradle of Market Capitalism (13th-15th Century).- Chapter 4. Antwerp: The First Global Trade Capital (16th Century).- Chapter 5. Amsterdam: The World's First Stock Exchange (17th Century).- Chapter 6. London: The First Truly Global Stock Exchange (18th -19th Century).- Chapter 7. Paris Bourse: The Financial Center of Continental Europe (18th-19th Century).- Chapter 8. The Istanbul Bourse: The First Stock Exchange of the East (19th Century).- Chapter 9. The New York Stock Exchange: The Birth of Wall Street and the Stock Barons (18th -19th Century).- Chapter 10. The Roaring Years, the Great Depression, and the New Deal (Early 20th Century).- Chapter 11. The Post-Bretton Woods Era and Financial Scandals (20th - 21st Century).- Chapter 12. Conclusion: Inclusive Institutions and the Future of Stock Markets.