Fond bazar\u0131n\u0131n tarixi 11-ci \u0259srd\u0259 Misirin Qahir\u0259sind\u0259 ba\u015flay\u0131r. Hesab edilir ki, bu m\u00fcdd\u0259t \u0259rzind\u0259 y\u0259hudi v\u0259 islam tacirl\u0259ri m\u00fcasir kredit v\u0259 \u00f6d\u0259ni\u015f \u00fcsullar\u0131 hesab etdiyimiz \u015feyl\u0259rin \u0259ks\u0259riyy\u0259tini \u00f6z\u00fcnd\u0259 birl\u0259\u015fdir\u0259n ticar\u0259t birliyi yaratd\u0131lar. 12-ci \u0259sr\u0259 q\u0259d\u0259r k\u0259nd t\u0259s\u0259rr\u00fcfat\u0131 borclar\u0131 Frans\u0131z courratier de change t\u0259r\u0259find\u0259n idar\u0259 olunur v\u0259 t\u0259nziml\u0259nirdi. Courratier de change texniki c\u0259h\u0259td\u0259n ilk “birja brokerl\u0259ri” hesab edil\u0259 bil\u0259rdi, \u00e7\u00fcnki onlar t\u0259kc\u0259 borc v\u0259 \u00f6d\u0259ni\u015fl\u0259ri idar\u0259 etmirdil\u0259r, h\u0259m d\u0259 borc m\u0259hsullar\u0131 il\u0259 ticar\u0259t edirdil\u0259r. Daha bir \u0259sr ke\u00e7di v\u0259 m\u00fcasir fond bazar\u0131n\u0131n inki\u015faf\u0131 davam etdi. Onun d\u00f6vr\u00fcnd\u0259 Venesiyadak\u0131 tacirl\u0259r v\u0259 maliyy\u0259\u00e7il\u0259r d\u00f6vl\u0259t qiym\u0259tli ka\u011f\u0131zlar\u0131n\u0131 alq\u0131-satq\u0131 edil\u0259n borclara v\u0259 investisiyalara \u0259lav\u0259 etdil\u0259r. Bir \u00e7ox dig\u0259r b\u00f6y\u00fck \u015f\u0259h\u0259rl\u0259r tezlikl\u0259 bu n\u00fcmun\u0259ni izl\u0259dil\u0259r v\u0259 \u00f6z d\u00f6vl\u0259t qiym\u0259tli ka\u011f\u0131zlar\u0131 il\u0259 ticar\u0259t\u0259 ba\u015flad\u0131lar. Burax\u0131lan v\u0259 alq\u0131-satq\u0131 edil\u0259n ilk r\u0259smi s\u0259hml\u0259r v\u0259 istiqrazlar Hollandiya \u015e\u0259rqi Hindistan \u015eirk\u0259ti \u00fc\u00e7\u00fcn idi v\u0259 onlar 1602-ci ild\u0259 Amsterdam Birjas\u0131nda al\u0131n\u0131b-sat\u0131ld\u0131.<\/p>\n
Bu g\u00fcn dem\u0259k olar ki, h\u0259r bir inki\u015faf etmi\u015f \u00f6lk\u0259d\u0259 bir ne\u00e7\u0259 fond birjas\u0131 var. Bu birjalar\u0131n h\u0259r birinin ticar\u0259t etdiyi s\u0259hml\u0259rin v\u0259 istiqrazlar\u0131n \u00f6z siyah\u0131s\u0131 var v\u0259 h\u0259r biri \u00f6z iqtisadi d\u00f6vr\u00fcn\u0259 tabedir. Bu d\u00f6vrl\u0259r\u0259 b\u00f6y\u00fcm\u0259, dur\u011funluq v\u0259 t\u0259n\u0259zz\u00fcl d\u00f6vrl\u0259ri daxildir. H\u0259r bir fond bazar\u0131n\u0131n sa\u011flaml\u0131\u011f\u0131 yerli iqtisadiyyatlar\u0131n, milli iqtisadiyyatlar\u0131n v\u0259 b\u0259zi hallarda beyn\u0259lxalq iqtisadiyyatlar\u0131n sa\u011flaml\u0131\u011f\u0131ndan as\u0131l\u0131 olacaq. \u0130nvestisiya f\u0259aliyy\u0259tl\u0259riniz \u00fc\u00e7\u00fcn istifad\u0259 etm\u0259k \u00fc\u00e7\u00fcn fond bazar\u0131n\u0131 se\u00e7m\u0259zd\u0259n \u0259vv\u0259l onun t\u0259klif etdiyi investisiya n\u00f6vl\u0259rini ba\u015fa d\u00fc\u015fd\u00fcy\u00fcn\u00fcz\u0259 \u0259min olun v\u0259 h\u0259min fond bazar\u0131 \u00fc\u00e7\u00fcn investisiya qaydalar\u0131n\u0131, siyas\u0259tl\u0259rini v\u0259 prosedurlar\u0131n\u0131 ba\u015fa d\u00fc\u015fd\u00fcy\u00fcn\u00fcz\u0259 \u0259min olun.<\/p>\n