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vector-toc-pinnable-header vector-pinnable-header-pinned" data-feature-name="toc-pinned" data-pinnable-element-id="vector-toc" > <h2 class="vector-pinnable-header-label">Cuprins</h2> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-pin-button" data-event-name="pinnable-header.vector-toc.pin">mută în bara laterală</button> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-unpin-button" data-event-name="pinnable-header.vector-toc.unpin">ascunde</button> </div> <ul class="vector-toc-contents" id="mw-panel-toc-list"> <li id="toc-mw-content-text" class="vector-toc-list-item vector-toc-level-1"> <a href="#" class="vector-toc-link"> <div class="vector-toc-text">Început</div> </a> </li> <li id="toc-Istoric" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Istoric"> <div class="vector-toc-text"> <span class="vector-toc-numb">1</span> <span>Istoric</span> </div> </a> <ul id="toc-Istoric-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Prezentare" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Prezentare"> <div class="vector-toc-text"> <span class="vector-toc-numb">2</span> <span>Prezentare</span> </div> </a> <ul id="toc-Prezentare-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Funcțiile_bursei" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Funcțiile_bursei"> <div class="vector-toc-text"> <span class="vector-toc-numb">3</span> <span>Funcțiile bursei</span> </div> </a> <ul id="toc-Funcțiile_bursei-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Tipuri_de_tranzacții" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Tipuri_de_tranzacții"> <div class="vector-toc-text"> <span class="vector-toc-numb">4</span> <span>Tipuri de tranzacții</span> </div> </a> <ul id="toc-Tipuri_de_tranzacții-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Exemple" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Exemple"> <div class="vector-toc-text"> <span class="vector-toc-numb">5</span> <span>Exemple</span> </div> </a> <ul id="toc-Exemple-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Vezi_și" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Vezi_și"> <div class="vector-toc-text"> <span class="vector-toc-numb">6</span> <span>Vezi și</span> </div> </a> <ul id="toc-Vezi_și-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Note" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Note"> <div class="vector-toc-text"> <span class="vector-toc-numb">7</span> <span>Note</span> </div> </a> <ul id="toc-Note-sublist" class="vector-toc-list"> </ul> </li> </ul> </div> </div> </nav> </div> </div> <div class="mw-content-container"> <main id="content" class="mw-body"> <header class="mw-body-header vector-page-titlebar"> <nav aria-label="Cuprins" class="vector-toc-landmark"> <div id="vector-page-titlebar-toc" class="vector-dropdown vector-page-titlebar-toc vector-button-flush-left" title="Table of Contents" > <input type="checkbox" id="vector-page-titlebar-toc-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-page-titlebar-toc" class="vector-dropdown-checkbox " aria-label="Comută cuprinsul" > <label id="vector-page-titlebar-toc-label" for="vector-page-titlebar-toc-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--icon-only " aria-hidden="true" ><span class="vector-icon mw-ui-icon-listBullet mw-ui-icon-wikimedia-listBullet"></span> <span class="vector-dropdown-label-text">Comută cuprinsul</span> </label> <div class="vector-dropdown-content"> <div id="vector-page-titlebar-toc-unpinned-container" class="vector-unpinned-container"> </div> </div> </div> </nav> <h1 id="firstHeading" class="firstHeading mw-first-heading"><span class="mw-page-title-main">Bursă</span></h1> <div id="p-lang-btn" class="vector-dropdown mw-portlet mw-portlet-lang" > <input type="checkbox" id="p-lang-btn-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-p-lang-btn" class="vector-dropdown-checkbox mw-interlanguage-selector" aria-label="Mergeți la un articol în altă limbă. Disponibil în 68 limbi" > <label id="p-lang-btn-label" for="p-lang-btn-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--action-progressive mw-portlet-lang-heading-68" aria-hidden="true" ><span class="vector-icon mw-ui-icon-language-progressive mw-ui-icon-wikimedia-language-progressive"></span> <span class="vector-dropdown-label-text">68 limbi</span> </label> <div class="vector-dropdown-content"> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li class="interlanguage-link interwiki-ar mw-list-item"><a href="https://ar.wikipedia.org/wiki/%D8%AA%D8%A8%D8%A7%D8%AF%D9%84_(%D8%B3%D9%88%D9%82_%D9%85%D9%86%D8%B8%D9%85%D8%A9)" title="تبادل (سوق منظمة) – arabă" lang="ar" hreflang="ar" data-title="تبادل (سوق منظمة)" data-language-autonym="العربية" data-language-local-name="arabă" class="interlanguage-link-target"><span>العربية</span></a></li><li class="interlanguage-link interwiki-az mw-list-item"><a href="https://az.wikipedia.org/wiki/Birja" title="Birja – azeră" lang="az" hreflang="az" data-title="Birja" data-language-autonym="Azərbaycanca" data-language-local-name="azeră" class="interlanguage-link-target"><span>Azərbaycanca</span></a></li><li class="interlanguage-link interwiki-ba mw-list-item"><a href="https://ba.wikipedia.org/wiki/%D0%91%D0%B8%D1%80%D0%B6%D0%B0" title="Биржа – bașkiră" lang="ba" hreflang="ba" data-title="Биржа" data-language-autonym="Башҡортса" data-language-local-name="bașkiră" class="interlanguage-link-target"><span>Башҡортса</span></a></li><li class="interlanguage-link interwiki-be mw-list-item"><a href="https://be.wikipedia.org/wiki/%D0%91%D1%96%D1%80%D0%B6%D0%B0" title="Біржа – belarusă" lang="be" hreflang="be" data-title="Біржа" data-language-autonym="Беларуская" data-language-local-name="belarusă" class="interlanguage-link-target"><span>Беларуская</span></a></li><li class="interlanguage-link interwiki-be-x-old mw-list-item"><a href="https://be-tarask.wikipedia.org/wiki/%D0%91%D1%96%D1%80%D0%B6%D0%B0" title="Біржа – Belarusian (Taraškievica orthography)" lang="be-tarask" hreflang="be-tarask" data-title="Біржа" data-language-autonym="Беларуская (тарашкевіца)" data-language-local-name="Belarusian (Taraškievica orthography)" class="interlanguage-link-target"><span>Беларуская (тарашкевіца)</span></a></li><li class="interlanguage-link interwiki-bg mw-list-item"><a href="https://bg.wikipedia.org/wiki/%D0%91%D0%BE%D1%80%D1%81%D0%B0" title="Борса – bulgară" lang="bg" hreflang="bg" data-title="Борса" data-language-autonym="Български" data-language-local-name="bulgară" class="interlanguage-link-target"><span>Български</span></a></li><li class="interlanguage-link interwiki-bs mw-list-item"><a href="https://bs.wikipedia.org/wiki/Berza" title="Berza – bosniacă" lang="bs" hreflang="bs" data-title="Berza" data-language-autonym="Bosanski" data-language-local-name="bosniacă" class="interlanguage-link-target"><span>Bosanski</span></a></li><li class="interlanguage-link interwiki-bxr mw-list-item"><a href="https://bxr.wikipedia.org/wiki/%D0%91%D0%B8%D1%80%D0%B6%D1%8D" title="Биржэ – Russia Buriat" lang="bxr" hreflang="bxr" data-title="Биржэ" data-language-autonym="Буряад" data-language-local-name="Russia Buriat" class="interlanguage-link-target"><span>Буряад</span></a></li><li class="interlanguage-link interwiki-ca mw-list-item"><a href="https://ca.wikipedia.org/wiki/Borsa" title="Borsa – catalană" lang="ca" hreflang="ca" data-title="Borsa" data-language-autonym="Català" data-language-local-name="catalană" class="interlanguage-link-target"><span>Català</span></a></li><li class="interlanguage-link interwiki-ckb mw-list-item"><a href="https://ckb.wikipedia.org/wiki/%D8%A8%DB%86%D8%B1%D8%B3%DB%95" title="بۆرسە – kurdă centrală" lang="ckb" hreflang="ckb" data-title="بۆرسە" data-language-autonym="کوردی" data-language-local-name="kurdă centrală" class="interlanguage-link-target"><span>کوردی</span></a></li><li class="interlanguage-link interwiki-cs mw-list-item"><a href="https://cs.wikipedia.org/wiki/Burza" title="Burza – cehă" lang="cs" hreflang="cs" data-title="Burza" data-language-autonym="Čeština" data-language-local-name="cehă" class="interlanguage-link-target"><span>Čeština</span></a></li><li class="interlanguage-link interwiki-cv mw-list-item"><a href="https://cv.wikipedia.org/wiki/%D0%91%D0%B8%D1%80%D0%B6%D0%B0" title="Биржа – ciuvașă" lang="cv" hreflang="cv" data-title="Биржа" data-language-autonym="Чӑвашла" data-language-local-name="ciuvașă" class="interlanguage-link-target"><span>Чӑвашла</span></a></li><li class="interlanguage-link interwiki-da mw-list-item"><a href="https://da.wikipedia.org/wiki/B%C3%B8rs" title="Børs – daneză" lang="da" hreflang="da" data-title="Børs" data-language-autonym="Dansk" data-language-local-name="daneză" class="interlanguage-link-target"><span>Dansk</span></a></li><li class="interlanguage-link interwiki-de mw-list-item"><a href="https://de.wikipedia.org/wiki/B%C3%B6rse" title="Börse – germană" lang="de" hreflang="de" data-title="Börse" data-language-autonym="Deutsch" data-language-local-name="germană" class="interlanguage-link-target"><span>Deutsch</span></a></li><li class="interlanguage-link interwiki-diq mw-list-item"><a href="https://diq.wikipedia.org/wiki/Borsa" title="Borsa – Dimli" lang="diq" hreflang="diq" data-title="Borsa" data-language-autonym="Zazaki" data-language-local-name="Dimli" class="interlanguage-link-target"><span>Zazaki</span></a></li><li class="interlanguage-link interwiki-el mw-list-item"><a href="https://el.wikipedia.org/wiki/%CE%A7%CF%81%CE%B7%CE%BC%CE%B1%CF%84%CE%B9%CF%83%CF%84%CE%AE%CF%81%CE%B9%CE%BF_%CE%B1%CE%BE%CE%B9%CF%8E%CE%BD" title="Χρηματιστήριο αξιών – greacă" lang="el" hreflang="el" data-title="Χρηματιστήριο αξιών" data-language-autonym="Ελληνικά" data-language-local-name="greacă" class="interlanguage-link-target"><span>Ελληνικά</span></a></li><li class="interlanguage-link interwiki-en mw-list-item"><a href="https://en.wikipedia.org/wiki/Exchange_(organized_market)" title="Exchange (organized market) – engleză" lang="en" hreflang="en" data-title="Exchange (organized market)" data-language-autonym="English" data-language-local-name="engleză" class="interlanguage-link-target"><span>English</span></a></li><li class="interlanguage-link interwiki-eo mw-list-item"><a href="https://eo.wikipedia.org/wiki/Borso" title="Borso – esperanto" lang="eo" hreflang="eo" data-title="Borso" data-language-autonym="Esperanto" data-language-local-name="esperanto" class="interlanguage-link-target"><span>Esperanto</span></a></li><li class="interlanguage-link interwiki-es badge-Q70893996 mw-list-item" title=""><a href="https://es.wikipedia.org/wiki/Bolsa_(mercado)" title="Bolsa (mercado) – spaniolă" lang="es" hreflang="es" data-title="Bolsa (mercado)" data-language-autonym="Español" data-language-local-name="spaniolă" class="interlanguage-link-target"><span>Español</span></a></li><li class="interlanguage-link interwiki-et mw-list-item"><a href="https://et.wikipedia.org/wiki/B%C3%B6rs" title="Börs – estonă" lang="et" hreflang="et" data-title="Börs" data-language-autonym="Eesti" data-language-local-name="estonă" class="interlanguage-link-target"><span>Eesti</span></a></li><li class="interlanguage-link interwiki-eu mw-list-item"><a href="https://eu.wikipedia.org/wiki/Burtsa_(merkatua)" title="Burtsa (merkatua) – bască" lang="eu" hreflang="eu" data-title="Burtsa (merkatua)" data-language-autonym="Euskara" data-language-local-name="bască" class="interlanguage-link-target"><span>Euskara</span></a></li><li class="interlanguage-link interwiki-fa mw-list-item"><a href="https://fa.wikipedia.org/wiki/%D8%A8%D9%88%D8%B1%D8%B3" title="بورس – persană" lang="fa" hreflang="fa" data-title="بورس" data-language-autonym="فارسی" data-language-local-name="persană" class="interlanguage-link-target"><span>فارسی</span></a></li><li class="interlanguage-link interwiki-fi mw-list-item"><a href="https://fi.wikipedia.org/wiki/P%C3%B6rssi" title="Pörssi – finlandeză" lang="fi" hreflang="fi" data-title="Pörssi" data-language-autonym="Suomi" data-language-local-name="finlandeză" class="interlanguage-link-target"><span>Suomi</span></a></li><li class="interlanguage-link interwiki-fr mw-list-item"><a href="https://fr.wikipedia.org/wiki/Bourse_(%C3%A9conomie)" title="Bourse (économie) – franceză" lang="fr" hreflang="fr" data-title="Bourse (économie)" data-language-autonym="Français" data-language-local-name="franceză" class="interlanguage-link-target"><span>Français</span></a></li><li class="interlanguage-link interwiki-hr mw-list-item"><a href="https://hr.wikipedia.org/wiki/Burza" title="Burza – croată" lang="hr" hreflang="hr" data-title="Burza" data-language-autonym="Hrvatski" data-language-local-name="croată" class="interlanguage-link-target"><span>Hrvatski</span></a></li><li class="interlanguage-link interwiki-hu mw-list-item"><a href="https://hu.wikipedia.org/wiki/T%C5%91zsde" title="Tőzsde – maghiară" lang="hu" hreflang="hu" data-title="Tőzsde" data-language-autonym="Magyar" data-language-local-name="maghiară" class="interlanguage-link-target"><span>Magyar</span></a></li><li class="interlanguage-link interwiki-hy mw-list-item"><a href="https://hy.wikipedia.org/wiki/%D4%B2%D5%B8%D6%80%D5%BD%D5%A1" title="Բորսա – armeană" lang="hy" hreflang="hy" data-title="Բորսա" data-language-autonym="Հայերեն" data-language-local-name="armeană" class="interlanguage-link-target"><span>Հայերեն</span></a></li><li class="interlanguage-link interwiki-ia mw-list-item"><a href="https://ia.wikipedia.org/wiki/Bursa" title="Bursa – interlingua" lang="ia" hreflang="ia" data-title="Bursa" data-language-autonym="Interlingua" data-language-local-name="interlingua" class="interlanguage-link-target"><span>Interlingua</span></a></li><li class="interlanguage-link interwiki-io mw-list-item"><a href="https://io.wikipedia.org/wiki/Borso" title="Borso – ido" lang="io" hreflang="io" data-title="Borso" data-language-autonym="Ido" data-language-local-name="ido" class="interlanguage-link-target"><span>Ido</span></a></li><li class="interlanguage-link interwiki-is mw-list-item"><a href="https://is.wikipedia.org/wiki/Hlutabr%C3%A9famarka%C3%B0ur" title="Hlutabréfamarkaður – islandeză" lang="is" hreflang="is" data-title="Hlutabréfamarkaður" data-language-autonym="Íslenska" data-language-local-name="islandeză" class="interlanguage-link-target"><span>Íslenska</span></a></li><li class="interlanguage-link interwiki-ja mw-list-item"><a href="https://ja.wikipedia.org/wiki/%E5%8F%96%E5%BC%95%E6%89%80" title="取引所 – japoneză" lang="ja" hreflang="ja" data-title="取引所" data-language-autonym="日本語" data-language-local-name="japoneză" class="interlanguage-link-target"><span>日本語</span></a></li><li class="interlanguage-link interwiki-ka mw-list-item"><a href="https://ka.wikipedia.org/wiki/%E1%83%91%E1%83%98%E1%83%A0%E1%83%9F%E1%83%90" title="ბირჟა – georgiană" lang="ka" hreflang="ka" data-title="ბირჟა" data-language-autonym="ქართული" data-language-local-name="georgiană" class="interlanguage-link-target"><span>ქართული</span></a></li><li class="interlanguage-link interwiki-kaa mw-list-item"><a href="https://kaa.wikipedia.org/wiki/Birja" title="Birja – karakalpak" lang="kaa" hreflang="kaa" data-title="Birja" data-language-autonym="Qaraqalpaqsha" data-language-local-name="karakalpak" class="interlanguage-link-target"><span>Qaraqalpaqsha</span></a></li><li class="interlanguage-link interwiki-kk mw-list-item"><a href="https://kk.wikipedia.org/wiki/%D0%91%D0%B8%D1%80%D0%B6%D0%B0" title="Биржа – kazahă" lang="kk" hreflang="kk" data-title="Биржа" data-language-autonym="Қазақша" data-language-local-name="kazahă" class="interlanguage-link-target"><span>Қазақша</span></a></li><li class="interlanguage-link interwiki-ko mw-list-item"><a href="https://ko.wikipedia.org/wiki/%EA%B1%B0%EB%9E%98%EC%86%8C" title="거래소 – coreeană" lang="ko" hreflang="ko" data-title="거래소" data-language-autonym="한국어" data-language-local-name="coreeană" class="interlanguage-link-target"><span>한국어</span></a></li><li class="interlanguage-link interwiki-ky mw-list-item"><a href="https://ky.wikipedia.org/wiki/%D0%91%D0%B8%D1%80%D0%B6%D0%B0" title="Биржа – kârgâză" lang="ky" hreflang="ky" data-title="Биржа" data-language-autonym="Кыргызча" data-language-local-name="kârgâză" class="interlanguage-link-target"><span>Кыргызча</span></a></li><li class="interlanguage-link interwiki-la mw-list-item"><a href="https://la.wikipedia.org/wiki/Bursa" title="Bursa – latină" lang="la" hreflang="la" data-title="Bursa" data-language-autonym="Latina" data-language-local-name="latină" class="interlanguage-link-target"><span>Latina</span></a></li><li class="interlanguage-link interwiki-lb mw-list-item"><a href="https://lb.wikipedia.org/wiki/Bourse_(Ekonomie)" title="Bourse (Ekonomie) – luxemburgheză" lang="lb" hreflang="lb" data-title="Bourse (Ekonomie)" data-language-autonym="Lëtzebuergesch" data-language-local-name="luxemburgheză" class="interlanguage-link-target"><span>Lëtzebuergesch</span></a></li><li class="interlanguage-link interwiki-lv mw-list-item"><a href="https://lv.wikipedia.org/wiki/Bir%C5%BEa" title="Birža – letonă" lang="lv" hreflang="lv" data-title="Birža" data-language-autonym="Latviešu" data-language-local-name="letonă" class="interlanguage-link-target"><span>Latviešu</span></a></li><li class="interlanguage-link interwiki-mg mw-list-item"><a href="https://mg.wikipedia.org/wiki/Borsa" title="Borsa – malgașă" lang="mg" hreflang="mg" data-title="Borsa" data-language-autonym="Malagasy" data-language-local-name="malgașă" class="interlanguage-link-target"><span>Malagasy</span></a></li><li class="interlanguage-link interwiki-mk mw-list-item"><a href="https://mk.wikipedia.org/wiki/%D0%91%D0%B5%D1%80%D0%B7%D0%B0" title="Берза – macedoneană" lang="mk" hreflang="mk" data-title="Берза" data-language-autonym="Македонски" data-language-local-name="macedoneană" class="interlanguage-link-target"><span>Македонски</span></a></li><li class="interlanguage-link interwiki-mn mw-list-item"><a href="https://mn.wikipedia.org/wiki/%D0%91%D0%B8%D1%80%D0%B6" title="Бирж – mongolă" lang="mn" hreflang="mn" data-title="Бирж" data-language-autonym="Монгол" data-language-local-name="mongolă" class="interlanguage-link-target"><span>Монгол</span></a></li><li class="interlanguage-link interwiki-nl badge-Q70894304 mw-list-item" title=""><a href="https://nl.wikipedia.org/wiki/Beurs_(handelsinstituut)" title="Beurs (handelsinstituut) – neerlandeză" lang="nl" hreflang="nl" data-title="Beurs (handelsinstituut)" data-language-autonym="Nederlands" data-language-local-name="neerlandeză" class="interlanguage-link-target"><span>Nederlands</span></a></li><li class="interlanguage-link interwiki-nn mw-list-item"><a href="https://nn.wikipedia.org/wiki/B%C3%B8rs" title="Børs – norvegiană nynorsk" lang="nn" hreflang="nn" data-title="Børs" data-language-autonym="Norsk nynorsk" data-language-local-name="norvegiană nynorsk" class="interlanguage-link-target"><span>Norsk nynorsk</span></a></li><li class="interlanguage-link interwiki-no mw-list-item"><a href="https://no.wikipedia.org/wiki/B%C3%B8rs" title="Børs – norvegiană bokmål" lang="nb" hreflang="nb" data-title="Børs" data-language-autonym="Norsk bokmål" data-language-local-name="norvegiană bokmål" class="interlanguage-link-target"><span>Norsk bokmål</span></a></li><li class="interlanguage-link interwiki-pa mw-list-item"><a href="https://pa.wikipedia.org/wiki/%E0%A8%B8%E0%A9%B1%E0%A8%9F%E0%A8%BE_%E0%A8%AC%E0%A8%9C%E0%A8%BC%E0%A8%BE%E0%A8%B0" title="ਸੱਟਾ ਬਜ਼ਾਰ – punjabi" lang="pa" hreflang="pa" data-title="ਸੱਟਾ ਬਜ਼ਾਰ" data-language-autonym="ਪੰਜਾਬੀ" data-language-local-name="punjabi" class="interlanguage-link-target"><span>ਪੰਜਾਬੀ</span></a></li><li class="interlanguage-link interwiki-pl mw-list-item"><a href="https://pl.wikipedia.org/wiki/Gie%C5%82da" title="Giełda – poloneză" lang="pl" hreflang="pl" data-title="Giełda" data-language-autonym="Polski" data-language-local-name="poloneză" class="interlanguage-link-target"><span>Polski</span></a></li><li class="interlanguage-link interwiki-ru mw-list-item"><a href="https://ru.wikipedia.org/wiki/%D0%91%D0%B8%D1%80%D0%B6%D0%B0" title="Биржа – rusă" lang="ru" hreflang="ru" data-title="Биржа" data-language-autonym="Русский" data-language-local-name="rusă" class="interlanguage-link-target"><span>Русский</span></a></li><li class="interlanguage-link interwiki-sah mw-list-item"><a href="https://sah.wikipedia.org/wiki/%D0%91%D0%B8%D1%80%D0%B6%D0%B0" title="Биржа – sakha" lang="sah" hreflang="sah" data-title="Биржа" data-language-autonym="Саха тыла" data-language-local-name="sakha" class="interlanguage-link-target"><span>Саха тыла</span></a></li><li class="interlanguage-link interwiki-scn mw-list-item"><a href="https://scn.wikipedia.org/wiki/Bursa" title="Bursa – siciliană" lang="scn" hreflang="scn" data-title="Bursa" data-language-autonym="Sicilianu" data-language-local-name="siciliană" class="interlanguage-link-target"><span>Sicilianu</span></a></li><li class="interlanguage-link interwiki-sh mw-list-item"><a href="https://sh.wikipedia.org/wiki/Burza" title="Burza – sârbo-croată" lang="sh" hreflang="sh" data-title="Burza" data-language-autonym="Srpskohrvatski / српскохрватски" data-language-local-name="sârbo-croată" class="interlanguage-link-target"><span>Srpskohrvatski / српскохрватски</span></a></li><li class="interlanguage-link interwiki-si mw-list-item"><a href="https://si.wikipedia.org/wiki/%E0%B7%80%E0%B7%8A%E2%80%8D%E0%B6%BA%E0%B7%8F%E0%B6%B4%E0%B7%8F%E0%B6%BB_%E0%B7%80%E0%B7%83%E0%B7%8A%E0%B6%AD%E0%B7%94_%E0%B7%84%E0%B7%94%E0%B7%80%E0%B6%B8%E0%B7%8F%E0%B6%BB%E0%B7%94%E0%B7%80" title="ව්‍යාපාර වස්තු හුවමාරුව – singhaleză" lang="si" hreflang="si" data-title="ව්‍යාපාර වස්තු හුවමාරුව" data-language-autonym="සිංහල" data-language-local-name="singhaleză" class="interlanguage-link-target"><span>සිංහල</span></a></li><li class="interlanguage-link interwiki-sk mw-list-item"><a href="https://sk.wikipedia.org/wiki/Burza_(ekonomika)" title="Burza (ekonomika) – slovacă" lang="sk" hreflang="sk" data-title="Burza (ekonomika)" data-language-autonym="Slovenčina" data-language-local-name="slovacă" class="interlanguage-link-target"><span>Slovenčina</span></a></li><li class="interlanguage-link interwiki-sl mw-list-item"><a href="https://sl.wikipedia.org/wiki/Borza" title="Borza – slovenă" lang="sl" hreflang="sl" data-title="Borza" data-language-autonym="Slovenščina" data-language-local-name="slovenă" class="interlanguage-link-target"><span>Slovenščina</span></a></li><li class="interlanguage-link interwiki-sq mw-list-item"><a href="https://sq.wikipedia.org/wiki/Bursa_(ekonomi)" title="Bursa (ekonomi) – albaneză" lang="sq" hreflang="sq" data-title="Bursa (ekonomi)" data-language-autonym="Shqip" data-language-local-name="albaneză" class="interlanguage-link-target"><span>Shqip</span></a></li><li class="interlanguage-link interwiki-sr mw-list-item"><a href="https://sr.wikipedia.org/wiki/%D0%91%D0%B5%D1%80%D0%B7%D0%B0" title="Берза – sârbă" lang="sr" hreflang="sr" data-title="Берза" data-language-autonym="Српски / srpski" data-language-local-name="sârbă" class="interlanguage-link-target"><span>Српски / srpski</span></a></li><li class="interlanguage-link interwiki-sv mw-list-item"><a href="https://sv.wikipedia.org/wiki/B%C3%B6rs" title="Börs – suedeză" lang="sv" hreflang="sv" data-title="Börs" data-language-autonym="Svenska" data-language-local-name="suedeză" class="interlanguage-link-target"><span>Svenska</span></a></li><li class="interlanguage-link interwiki-ta mw-list-item"><a href="https://ta.wikipedia.org/wiki/%E0%AE%AA%E0%AE%B0%E0%AE%BF%E0%AE%B5%E0%AE%B0%E0%AF%8D%E0%AE%A4%E0%AF%8D%E0%AE%A4%E0%AE%A9%E0%AF%88_(%E0%AE%9A%E0%AE%A8%E0%AF%8D%E0%AE%A4%E0%AF%88)" title="பரிவர்த்தனை (சந்தை) – tamilă" lang="ta" hreflang="ta" data-title="பரிவர்த்தனை (சந்தை)" data-language-autonym="தமிழ்" data-language-local-name="tamilă" class="interlanguage-link-target"><span>தமிழ்</span></a></li><li class="interlanguage-link interwiki-tr mw-list-item"><a href="https://tr.wikipedia.org/wiki/Borsa" title="Borsa – turcă" lang="tr" hreflang="tr" data-title="Borsa" data-language-autonym="Türkçe" data-language-local-name="turcă" class="interlanguage-link-target"><span>Türkçe</span></a></li><li class="interlanguage-link interwiki-tt mw-list-item"><a href="https://tt.wikipedia.org/wiki/Birja" title="Birja – tătară" lang="tt" hreflang="tt" data-title="Birja" data-language-autonym="Татарча / tatarça" data-language-local-name="tătară" class="interlanguage-link-target"><span>Татарча / tatarça</span></a></li><li class="interlanguage-link interwiki-uk mw-list-item"><a href="https://uk.wikipedia.org/wiki/%D0%91%D1%96%D1%80%D0%B6%D0%B0" title="Біржа – ucraineană" lang="uk" hreflang="uk" data-title="Біржа" data-language-autonym="Українська" data-language-local-name="ucraineană" class="interlanguage-link-target"><span>Українська</span></a></li><li class="interlanguage-link interwiki-uz mw-list-item"><a href="https://uz.wikipedia.org/wiki/Birja" title="Birja – uzbecă" lang="uz" hreflang="uz" data-title="Birja" data-language-autonym="Oʻzbekcha / ўзбекча" data-language-local-name="uzbecă" class="interlanguage-link-target"><span>Oʻzbekcha / ўзбекча</span></a></li><li class="interlanguage-link interwiki-vi mw-list-item"><a href="https://vi.wikipedia.org/wiki/S%C3%A0n_giao_d%E1%BB%8Bch" title="Sàn giao dịch – vietnameză" lang="vi" hreflang="vi" data-title="Sàn giao dịch" data-language-autonym="Tiếng Việt" data-language-local-name="vietnameză" class="interlanguage-link-target"><span>Tiếng Việt</span></a></li><li class="interlanguage-link interwiki-wuu mw-list-item"><a href="https://wuu.wikipedia.org/wiki/%E4%BA%A4%E6%98%93%E6%89%80" title="交易所 – chineză wu" lang="wuu" hreflang="wuu" data-title="交易所" data-language-autonym="吴语" data-language-local-name="chineză wu" class="interlanguage-link-target"><span>吴语</span></a></li><li class="interlanguage-link interwiki-yi mw-list-item"><a href="https://yi.wikipedia.org/wiki/%D7%91%D7%A2%D7%A8%D7%96%D7%A2" title="בערזע – idiș" lang="yi" hreflang="yi" data-title="בערזע" data-language-autonym="ייִדיש" data-language-local-name="idiș" class="interlanguage-link-target"><span>ייִדיש</span></a></li><li class="interlanguage-link interwiki-zh mw-list-item"><a href="https://zh.wikipedia.org/wiki/%E4%BA%A4%E6%98%93%E6%89%80" title="交易所 – chineză" lang="zh" hreflang="zh" data-title="交易所" data-language-autonym="中文" data-language-local-name="chineză" class="interlanguage-link-target"><span>中文</span></a></li><li class="interlanguage-link interwiki-zh-min-nan mw-list-item"><a href="https://zh-min-nan.wikipedia.org/wiki/Kau-%C5%8Da%E2%81%BF-s%C3%B3%CD%98" title="Kau-ōaⁿ-só͘ – chineză min nan" lang="nan" hreflang="nan" data-title="Kau-ōaⁿ-só͘" data-language-autonym="閩南語 / Bân-lâm-gú" data-language-local-name="chineză min nan" class="interlanguage-link-target"><span>閩南語 / Bân-lâm-gú</span></a></li><li class="interlanguage-link interwiki-zh-yue mw-list-item"><a href="https://zh-yue.wikipedia.org/wiki/%E4%BA%A4%E6%98%93%E6%89%80" title="交易所 – cantoneză" lang="yue" hreflang="yue" data-title="交易所" data-language-autonym="粵語" data-language-local-name="cantoneză" class="interlanguage-link-target"><span>粵語</span></a></li> </ul> <div class="after-portlet after-portlet-lang"><span class="wb-langlinks-edit wb-langlinks-link"><a href="https://www.wikidata.org/wiki/Special:EntityPage/Q179076#sitelinks-wikipedia" title="Modifică legăturile interlinguale" class="wbc-editpage">Modifică legăturile</a></span></div> </div> </div> </div> </header> <div class="vector-page-toolbar"> <div class="vector-page-toolbar-container"> <div id="left-navigation"> <nav aria-label="Spații de nume"> <div id="p-associated-pages" class="vector-menu vector-menu-tabs mw-portlet mw-portlet-associated-pages" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="ca-nstab-main" class="selected vector-tab-noicon mw-list-item"><a href="/wiki/Burs%C4%83" title="Vedeți conținutul paginii [a]" accesskey="a"><span>Articol</span></a></li><li id="ca-talk" class="vector-tab-noicon mw-list-item"><a href="/wiki/Discu%C8%9Bie:Burs%C4%83" rel="discussion" title="Discuții despre această pagină [t]" accesskey="t"><span>Discuție</span></a></li> </ul> </div> </div> <div id="vector-variants-dropdown" class="vector-dropdown emptyPortlet" > <input type="checkbox" id="vector-variants-dropdown-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-variants-dropdown" class="vector-dropdown-checkbox " aria-label="Change language variant" > <label id="vector-variants-dropdown-label" for="vector-variants-dropdown-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet" aria-hidden="true" ><span class="vector-dropdown-label-text">română</span> </label> <div class="vector-dropdown-content"> <div id="p-variants" class="vector-menu mw-portlet mw-portlet-variants emptyPortlet" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> </ul> </div> </div> </div> </div> </nav> </div> <div id="right-navigation" class="vector-collapsible"> <nav aria-label="Vizualizări"> <div id="p-views" class="vector-menu vector-menu-tabs mw-portlet mw-portlet-views" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="ca-view" class="selected vector-tab-noicon mw-list-item"><a href="/wiki/Burs%C4%83"><span>Lectură</span></a></li><li id="ca-ve-edit" class="vector-tab-noicon mw-list-item"><a href="/w/index.php?title=Burs%C4%83&veaction=edit" title="Modificați această pagină cu EditorulVizual [v]" accesskey="v"><span>Modificare</span></a></li><li id="ca-edit" class="collapsible vector-tab-noicon mw-list-item"><a href="/w/index.php?title=Burs%C4%83&action=edit" title="Modificați codul sursă al acestei pagini [e]" accesskey="e"><span>Modificare sursă</span></a></li><li id="ca-history" class="vector-tab-noicon mw-list-item"><a href="/w/index.php?title=Burs%C4%83&action=history" title="Versiunile anterioare ale paginii și autorii lor. [h]" accesskey="h"><span>Istoric</span></a></li> </ul> </div> </div> </nav> <nav class="vector-page-tools-landmark" aria-label="Page tools"> <div id="vector-page-tools-dropdown" class="vector-dropdown vector-page-tools-dropdown" > <input type="checkbox" id="vector-page-tools-dropdown-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-page-tools-dropdown" class="vector-dropdown-checkbox " aria-label="Unelte" > <label id="vector-page-tools-dropdown-label" for="vector-page-tools-dropdown-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet" aria-hidden="true" ><span class="vector-dropdown-label-text">Unelte</span> </label> <div class="vector-dropdown-content"> <div id="vector-page-tools-unpinned-container" class="vector-unpinned-container"> <div id="vector-page-tools" class="vector-page-tools vector-pinnable-element"> <div class="vector-pinnable-header vector-page-tools-pinnable-header vector-pinnable-header-unpinned" data-feature-name="page-tools-pinned" data-pinnable-element-id="vector-page-tools" data-pinned-container-id="vector-page-tools-pinned-container" data-unpinned-container-id="vector-page-tools-unpinned-container" > <div class="vector-pinnable-header-label">Unelte</div> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-pin-button" data-event-name="pinnable-header.vector-page-tools.pin">mută în bara laterală</button> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-unpin-button" data-event-name="pinnable-header.vector-page-tools.unpin">ascunde</button> </div> <div id="p-cactions" class="vector-menu mw-portlet mw-portlet-cactions emptyPortlet vector-has-collapsible-items" title="Mai multe opțiuni" > <div class="vector-menu-heading"> Acțiuni </div> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="ca-more-view" class="selected vector-more-collapsible-item mw-list-item"><a href="/wiki/Burs%C4%83"><span>Lectură</span></a></li><li id="ca-more-ve-edit" class="vector-more-collapsible-item mw-list-item"><a href="/w/index.php?title=Burs%C4%83&veaction=edit" title="Modificați această pagină cu EditorulVizual [v]" accesskey="v"><span>Modificare</span></a></li><li id="ca-more-edit" class="collapsible vector-more-collapsible-item mw-list-item"><a href="/w/index.php?title=Burs%C4%83&action=edit" title="Modificați codul sursă al acestei pagini [e]" accesskey="e"><span>Modificare sursă</span></a></li><li id="ca-more-history" class="vector-more-collapsible-item mw-list-item"><a href="/w/index.php?title=Burs%C4%83&action=history"><span>Istoric</span></a></li> </ul> </div> </div> <div id="p-tb" class="vector-menu mw-portlet mw-portlet-tb" > <div class="vector-menu-heading"> General </div> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="t-whatlinkshere" class="mw-list-item"><a href="/wiki/Special:Ce_se_leag%C4%83_aici/Burs%C4%83" title="Lista tuturor paginilor wiki care conduc spre această pagină [j]" accesskey="j"><span>Ce trimite aici</span></a></li><li id="t-recentchangeslinked" class="mw-list-item"><a href="/wiki/Special:Modific%C4%83ri_corelate/Burs%C4%83" rel="nofollow" title="Schimbări recente în legătură cu această pagină [k]" accesskey="k"><span>Schimbări corelate</span></a></li><li id="t-upload" class="mw-list-item"><a href="//ro.wikipedia.org/wiki/Wikipedia:Trimite_fișier" title="Încărcare fișiere [u]" accesskey="u"><span>Trimite fișier</span></a></li><li id="t-permalink" class="mw-list-item"><a href="/w/index.php?title=Burs%C4%83&oldid=15725333" title="Legătură permanentă către această versiune a acestei pagini"><span>Legătură permanentă</span></a></li><li id="t-info" class="mw-list-item"><a href="/w/index.php?title=Burs%C4%83&action=info" title="Mai multe informații despre această pagină"><span>Informații despre pagină</span></a></li><li id="t-cite" class="mw-list-item"><a href="/w/index.php?title=Special:Citeaz%C4%83&page=Burs%C4%83&id=15725333&wpFormIdentifier=titleform" title="Informații cu privire la modul de citare a acestei pagini"><span>Citează acest articol</span></a></li><li id="t-urlshortener" class="mw-list-item"><a href="/w/index.php?title=Special:UrlShortener&url=https%3A%2F%2Fro.wikipedia.org%2Fwiki%2FBurs%25C4%2583"><span>Obține URL scurtat</span></a></li><li id="t-urlshortener-qrcode" class="mw-list-item"><a href="/w/index.php?title=Special:QrCode&url=https%3A%2F%2Fro.wikipedia.org%2Fwiki%2FBurs%25C4%2583"><span>Descărcați codul QR</span></a></li> </ul> </div> </div> <div id="p-coll-print_export" class="vector-menu mw-portlet mw-portlet-coll-print_export" > <div class="vector-menu-heading"> Tipărire/exportare </div> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="coll-create_a_book" class="mw-list-item"><a href="/w/index.php?title=Special:Carte&bookcmd=book_creator&referer=Burs%C4%83"><span>Creare carte</span></a></li><li id="coll-download-as-rl" class="mw-list-item"><a href="/w/index.php?title=Special:DownloadAsPdf&page=Burs%C4%83&action=show-download-screen"><span>Descărcare ca PDF</span></a></li><li id="t-print" class="mw-list-item"><a href="/w/index.php?title=Burs%C4%83&printable=yes" title="Versiunea de tipărit a acestei pagini [p]" accesskey="p"><span>Versiune de tipărit</span></a></li> </ul> </div> </div> <div id="p-wikibase-otherprojects" class="vector-menu mw-portlet mw-portlet-wikibase-otherprojects" > <div class="vector-menu-heading"> În alte proiecte </div> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="t-wikibase" class="wb-otherproject-link wb-otherproject-wikibase-dataitem mw-list-item"><a href="https://www.wikidata.org/wiki/Special:EntityPage/Q179076" title="Legătură către elementul asociat din depozitul de date [g]" accesskey="g"><span>Element Wikidata</span></a></li> </ul> </div> </div> </div> </div> </div> </div> </nav> </div> </div> </div> <div class="vector-column-end"> <div class="vector-sticky-pinned-container"> <nav class="vector-page-tools-landmark" aria-label="Page tools"> <div id="vector-page-tools-pinned-container" class="vector-pinned-container"> </div> </nav> <nav class="vector-appearance-landmark" aria-label="Aspect"> <div id="vector-appearance-pinned-container" class="vector-pinned-container"> <div id="vector-appearance" class="vector-appearance vector-pinnable-element"> <div class="vector-pinnable-header vector-appearance-pinnable-header vector-pinnable-header-pinned" data-feature-name="appearance-pinned" data-pinnable-element-id="vector-appearance" data-pinned-container-id="vector-appearance-pinned-container" data-unpinned-container-id="vector-appearance-unpinned-container" > <div class="vector-pinnable-header-label">Aspect</div> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-pin-button" data-event-name="pinnable-header.vector-appearance.pin">mută în bara laterală</button> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-unpin-button" data-event-name="pinnable-header.vector-appearance.unpin">ascunde</button> </div> </div> </div> </nav> </div> </div> <div id="bodyContent" class="vector-body" aria-labelledby="firstHeading" data-mw-ve-target-container> <div class="vector-body-before-content"> <div class="mw-indicators"> </div> <div id="siteSub" class="noprint">De la Wikipedia, enciclopedia liberă</div> </div> <div id="contentSub"><div id="mw-content-subtitle"></div></div> <div id="mw-content-text" class="mw-body-content"><div class="mw-content-ltr mw-parser-output" lang="ro" dir="ltr"><style data-mw-deduplicate="TemplateStyles:r16501920">.mw-parser-output .ambox{margin:0px 10%;border:1px solid #aaa;border-left:10px solid #1e90ff;background:#fbfbfb}.mw-parser-output table.ambox-notice{border-left:10px solid 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.ambox-protection{background-color:#202122!important}}</style><table class="metadata plainlinks ambox ambox ambox-content ambox-content" style=""> <tbody><tr><td class="mbox-image"><div style="width: 52px;"><span typeof="mw:File"><a href="/wiki/Fi%C8%99ier:Question_book-4.svg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/6/64/Question_book-4.svg/45px-Question_book-4.svg.png" decoding="async" width="45" height="35" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/6/64/Question_book-4.svg/68px-Question_book-4.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/6/64/Question_book-4.svg/90px-Question_book-4.svg.png 2x" data-file-width="262" data-file-height="204" /></a></span></div></td><td class="mbox-text" style=""><span class="mbox-text-span"><b>Acest articol sau această secțiune are <a href="/wiki/Wikipedia:Citarea_surselor" title="Wikipedia:Citarea surselor">bibliografia</a> incompletă sau inexistentă.</b><br />Puteți contribui prin adăugarea de referințe în vederea <a href="/wiki/Wikipedia:Verificabilitate" title="Wikipedia:Verificabilitate">susținerii bibliografice</a> a afirmațiilor pe care le conține.<span class="hide-when-compact"> </span><span class="hide-when-compact"> </span></span></td></tr></tbody></table> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/Fi%C8%99ier:NY_stock_exchange_traders_floor_LC-U9-10548-6.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/e/ea/NY_stock_exchange_traders_floor_LC-U9-10548-6.jpg/350px-NY_stock_exchange_traders_floor_LC-U9-10548-6.jpg" decoding="async" width="350" height="232" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/e/ea/NY_stock_exchange_traders_floor_LC-U9-10548-6.jpg/525px-NY_stock_exchange_traders_floor_LC-U9-10548-6.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/e/ea/NY_stock_exchange_traders_floor_LC-U9-10548-6.jpg/700px-NY_stock_exchange_traders_floor_LC-U9-10548-6.jpg 2x" data-file-width="4537" data-file-height="3004" /></a><figcaption><a href="/wiki/Bursa_de_Valori_din_New_York" class="mw-redirect" title="Bursa de Valori din New York">Bursa de Valori din New York</a>, anul <a href="/wiki/1963" title="1963">1963</a></figcaption></figure> <div role="note" class="dezambiguizare">Pentru alte sensuri, vedeți <a href="/wiki/Burs%C4%83_(dezambiguizare)" class="mw-disambig" title="Bursă (dezambiguizare)">Bursă (dezambiguizare)</a>.</div> <p><b>Bursa</b> (<a href="/wiki/Limba_neerlandez%C4%83" title="Limba neerlandeză">neerlandeză</a> <i>beurs</i>, <a href="/wiki/Limba_german%C4%83" title="Limba germană">germană</a> <i>Börse</i>, <a href="/wiki/Limba_francez%C4%83" title="Limba franceză">franceză</a> <i>bourse</i>, <a href="/wiki/Limba_italian%C4%83" title="Limba italiană">italiană</a> <i>bórsa</i>, <a href="/wiki/Limba_spaniol%C4%83" title="Limba spaniolă">spaniolă</a> <i>bolsa</i>, <a href="/wiki/Limba_englez%C4%83" title="Limba engleză">engleză</a> <i>exchange</i>) este o piață publică, unde se desfășoară tranzacții cu titluri financiare (<a href="/wiki/Ac%C8%9Biune_(economie)" title="Acțiune (economie)">acțiuni</a>, <a href="/wiki/Obliga%C8%9Biune" title="Obligațiune">obligațiuni</a> etc.), cu <a href="/wiki/Marf%C4%83" title="Marfă">mărfuri</a> sau cu <a href="/wiki/Valut%C4%83" title="Valută">valute</a>. Respectiv există burse de valori, burse de mărfuri, burse valutare ș.a.. </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="Istoric">Istoric</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Burs%C4%83&veaction=edit&section=1" title="Modifică secțiunea: Istoric" class="mw-editsection-visualeditor"><span>modificare</span></a><span class="mw-editsection-divider"> | </span><a href="/w/index.php?title=Burs%C4%83&action=edit&section=1" title="Edit section's source code: Istoric"><span>modificare sursă</span></a><span class="mw-editsection-bracket">]</span></span></div> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/Fi%C8%99ier:Brugge_-_Saaihalle_en_beurs.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Brugge_-_Saaihalle_en_beurs.jpg/300px-Brugge_-_Saaihalle_en_beurs.jpg" decoding="async" width="300" height="221" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Brugge_-_Saaihalle_en_beurs.jpg/450px-Brugge_-_Saaihalle_en_beurs.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Brugge_-_Saaihalle_en_beurs.jpg/600px-Brugge_-_Saaihalle_en_beurs.jpg 2x" data-file-width="1886" data-file-height="1389" /></a><figcaption>"Huis ter Beurze" (centru) în <a href="/wiki/Bruges" title="Bruges">Bruges</a>, <a href="/wiki/Belgia" title="Belgia">Belgia</a>.</figcaption></figure> <p>Termenul <i>bursă</i> se referă la o cârciumă din secolul al XIII-lea "<i>Huis ter Beurze</i>" deținută de familia Van der Beurze din <a href="/wiki/Bruges" title="Bruges">Bruges</a>, <a href="/wiki/Belgia" title="Belgia">Belgia</a>, unde comercianți din Europa, în special republicile italiene <a href="/wiki/Republica_Genova" title="Republica Genova">Genova</a>, Florența și <a href="/wiki/Republica_Vene%C8%9Bian%C4%83" title="Republica Venețiană">Veneția</a>, au desfășurat activități în perioada medievală.<sup id="cite_ref-Etymonline.com_2019-05-22_1-0" class="reference"><a href="#cite_note-Etymonline.com_2019-05-22-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup> </p><p>Conform unora dintre istoricii fenomenului, apariția bursei în forma modernă se leagă de fondarea <a href="/wiki/Compania_Olandez%C4%83_a_Indiilor_de_Est" class="mw-redirect" title="Compania Olandeză a Indiilor de Est">Companiei Olandeze a Indiilor de Est</a>, în 1602. Deși în Roma republicană și Imperiul Roman au avut loc tranzacții financiare specifice bursei, Compania Indiilor de Est a fost prima care a emis <a href="/wiki/Obliga%C8%9Biune" title="Obligațiune">obligațiuni</a> și <a href="/wiki/Ac%C8%9Biune" class="mw-redirect mw-disambig" title="Acțiune">acțiuni</a>, plătind în schimb <a href="/wiki/Dividende" class="mw-redirect" title="Dividende">dividende</a> care se ridicau în medie la 16% pe an. În Anglia, regele <a href="/wiki/William_al_III-lea_al_Angliei" title="William al III-lea al Angliei">William al III-lea</a> a emis primele obligațiuni de stat în 1693, urmate de fondarea Băncii Angliei (1694) și primele emisiuni publice de acțiuni ale unor companii. </p><p>Acțiunile erau tranzacționate la vremea respectivă în cafenele de pe așa-numita Alee a Schimbului (<a class="external text" href="https://en.wikipedia.org/wiki/Exchange_Alley">Exchange Alley</a>). În următoarele decenii însă, a avut loc una din cele mai mari <a href="/wiki/Himer%C4%83_economic%C4%83" title="Himeră economică">himere economice</a> (bubble), prin creșterea galopantă a acțiunilor South Sea Company, până în anul 1720. La sfârșitul acestui an, acțiunile companiei menționate s-au prăbușit. </p><p>Acțiunile altor companii au continuat totuși să fie tranzacționate, ceea ce a dus la crearea piețelor financiare. </p> <div class="mw-heading mw-heading2"><h2 id="Prezentare">Prezentare</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Burs%C4%83&veaction=edit&section=2" title="Modifică secțiunea: Prezentare" class="mw-editsection-visualeditor"><span>modificare</span></a><span class="mw-editsection-divider"> | </span><a href="/w/index.php?title=Burs%C4%83&action=edit&section=2" title="Edit section's source code: Prezentare"><span>modificare sursă</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Bursele reunesc brokeri și dealeri care cumpără și vând obiecte. Aceste <i>instrumente financiare</i> pot fi vândute fie în mod obișnuit, fie prin intermediul bursei în beneficiul unei <i>case de compensare</i> pentru a reduce <i>riscul de decontare</i>. </p><p>Bursele pot fi divizate: </p> <ul><li>După obiecte vândute: <ul><li><a href="/wiki/Burs%C4%83_de_valori" title="Bursă de valori">Burse de valori</a> sau <a href="/wiki/Pia%C8%9B%C4%83_valutar%C4%83" title="Piață valutară">schimburi valutare</a><sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup></li> <li>Schimb de mărfuri</li> <li><a href="/wiki/Pia%C8%9B%C4%83_valutar%C4%83" title="Piață valutară">Piață valutară</a> - este rară astăzi sub forma unei instituții specializate</li></ul></li> <li>După tip de comerț: <ul><li>Schimburi clasice pentru tranzacții la fața locului.</li></ul></li></ul> <div class="mw-heading mw-heading2"><h2 id="Funcțiile_bursei"><span id="Func.C8.9Biile_bursei"></span>Funcțiile bursei</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Burs%C4%83&veaction=edit&section=3" title="Modifică secțiunea: Funcțiile bursei" class="mw-editsection-visualeditor"><span>modificare</span></a><span class="mw-editsection-divider"> | </span><a href="/w/index.php?title=Burs%C4%83&action=edit&section=3" title="Edit section's source code: Funcțiile bursei"><span>modificare sursă</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li>organizarea schimburilor comerciale;</li> <li>stabilirea regulilor comerciale, inclusiv a standardelor pentru mărfurile vândute prin schimb;</li> <li>elaborarea modelelor de contracte;</li> <li>ofertă de preț;</li> <li>soluționarea litigiilor (arbitrajului);</li> <li>activități de informare;</li> <li>furnizarea anumitor garanții de îndeplinire a obligațiilor de către ofertanți.</li></ul> <div class="mw-heading mw-heading2"><h2 id="Tipuri_de_tranzacții"><span id="Tipuri_de_tranzac.C8.9Bii"></span>Tipuri de tranzacții</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Burs%C4%83&veaction=edit&section=4" title="Modifică secțiunea: Tipuri de tranzacții" class="mw-editsection-visualeditor"><span>modificare</span></a><span class="mw-editsection-divider"> | </span><a href="/w/index.php?title=Burs%C4%83&action=edit&section=4" title="Edit section's source code: Tipuri de tranzacții"><span>modificare sursă</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><i>Poziția lungă</i> (cumpărarea unui instrument financiar - acțiuni, obligațiuni, valute, contracte futures, opțiuni etc. - calculată pe baza creșterii valorii acestuia)</li> <li><i>Poziția scurtă</i> (vânzarea în lipsă, adică valorile mobiliare sunt împrumutate și vândute pentru o scădere a valorii acestora, se prevede răscumpărarea activului depreciere și returnarea către creditor).</li></ul> <div class="mw-heading mw-heading2"><h2 id="Exemple">Exemple</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Burs%C4%83&veaction=edit&section=5" title="Modifică secțiunea: Exemple" class="mw-editsection-visualeditor"><span>modificare</span></a><span class="mw-editsection-divider"> | </span><a href="/w/index.php?title=Burs%C4%83&action=edit&section=5" title="Edit section's source code: Exemple"><span>modificare sursă</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a href="/wiki/Bursa_de_Valori_Bucure%C8%99ti" title="Bursa de Valori București">Bursa de Valori București</a></li> <li><a href="/wiki/Bursa_de_Valori_a_Moldovei" title="Bursa de Valori a Moldovei">Bursa de Valori a Moldovei</a></li> <li><a href="/wiki/Bursa_de_Valori_din_New_York" class="mw-redirect" title="Bursa de Valori din New York">Bursa de Valori din New York</a></li> <li><a href="/wiki/Bursa_Rom%C3%A2n%C4%83_de_M%C4%83rfuri" title="Bursa Română de Mărfuri">Bursa Română de Mărfuri</a>.</li></ul> <div class="mw-heading mw-heading2"><h2 id="Vezi_și"><span id="Vezi_.C8.99i"></span>Vezi și</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Burs%C4%83&veaction=edit&section=6" title="Modifică secțiunea: Vezi și" class="mw-editsection-visualeditor"><span>modificare</span></a><span class="mw-editsection-divider"> | </span><a href="/w/index.php?title=Burs%C4%83&action=edit&section=6" title="Edit section's source code: Vezi și"><span>modificare sursă</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a href="/wiki/Pia%C8%9B%C4%83_valutar%C4%83" title="Piață valutară">Piață valutară</a></li> <li><a href="/wiki/List%C4%83_de_burse" title="Listă de burse">Listă de burse</a></li></ul> <div class="mw-heading mw-heading2"><h2 id="Note">Note</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Burs%C4%83&veaction=edit&section=7" title="Modifică secțiunea: Note" class="mw-editsection-visualeditor"><span>modificare</span></a><span class="mw-editsection-divider"> | </span><a href="/w/index.php?title=Burs%C4%83&action=edit&section=7" title="Edit section's source code: Note"><span>modificare sursă</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-references-wrap"><ol class="references"> <li id="cite_note-Etymonline.com_2019-05-22-1"><b><a href="#cite_ref-Etymonline.com_2019-05-22_1-0">^</a></b> <span class="reference-text"><cite class="citation"><a rel="nofollow" class="external text" href="https://www.etymonline.com/word/bourse">„bourse”</a>, <i>Etymonline.com</i><span class="reference-accessdate">, accesat în <time datetime="2019-05-22">22 mai 2019</time></span></cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Etymonline.com&rft.atitle=bourse&rft_id=https%3A%2F%2Fwww.etymonline.com%2Fword%2Fbourse&rfr_id=info%3Asid%2Fro.wikipedia.org%3ABurs%C4%83" class="Z3988"><span style="display:none;"> </span></span><style data-mw-deduplicate="TemplateStyles:r16236537">.mw-parser-output cite.citation{font-style:inherit}.mw-parser-output .citation q{quotes:"„""”""«""»"}.mw-parser-output .citation .cs1-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/6/65/Lock-green.svg/9px-Lock-green.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .citation .cs1-lock-limited a,.mw-parser-output .citation .cs1-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/d/d6/Lock-gray-alt-2.svg/9px-Lock-gray-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .citation .cs1-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/a/aa/Lock-red-alt-2.svg/9px-Lock-red-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration{color:#555}.mw-parser-output .cs1-subscription span,.mw-parser-output .cs1-registration span{border-bottom:1px dotted;cursor:help}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/4/4c/Wikisource-logo.svg/12px-Wikisource-logo.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output code.cs1-code{color:inherit;background:inherit;border:inherit;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;font-size:100%}.mw-parser-output .cs1-visible-error{font-size:100%}.mw-parser-output .cs1-maint{display:none;color:#33aa33;margin-left:0.3em}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration,.mw-parser-output .cs1-format{font-size:95%}.mw-parser-output .cs1-kern-left,.mw-parser-output .cs1-kern-wl-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right,.mw-parser-output .cs1-kern-wl-right{padding-right:0.2em}</style></span> </li> <li id="cite_note-2"><b><a href="#cite_ref-2">^</a></b> <span class="reference-text">Stock Exchanges are the most publicly recognized places for buying and selling shares. They are easily the single most important component of the secondary market for corporate shares. <a rel="nofollow" class="external text" href="http://beginnersinvest.about.com/od/stocksoptionswarrants/a/over-the-counter-options.htm">Over-the-Counter Options</a> <a rel="nofollow" class="external text" href="https://archive.is/20100510210147/http://beginnersinvest.about.com/od/stocksoptionswarrants/a/over-the-counter-options.htm">Arhivat</a> în <time datetime="2010-05-10">10 mai 2010</time>, la <a href="/wiki/Archive.is" class="mw-redirect" title="Archive.is">Archive.is</a>. 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