Marsh & McLennan Cos (MMC.xnys)

Marsh & McLennan Cos (MMC.xnys)


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Marsh & McLennan Cos (MMC.xnys) Profile

Μarsh McLennan, Inc.(MMC.xnys) is an American multinational professional services firm with businesses in insurance brokerage, clients advice and solutions in risk, strategy and people, reinsurance services, talent management, investment advisory, and management consulting with 518 office locations across 89 countries headquartered in New York City. The company was ranked 1st of the world’s largest insurance brokers from Business Insurance and has 81,000 employees, and 60,000 colleagues advise clients in over 130 countries. Marsh & McLennan‘s subsidiaries are Marsh, Guy Carpenter, Mercer, and Oliver Wyman. In April 2021, Marsh & McLennan Companies renamed Marsh MacLennan, which coincided with the 150th anniversary of subsidiary Marsh. Marsh McLennan Agency (MMA) announced the acquisition of Pelnik Insurance and Southewest Truck Insurance Agency, Inc as of autumn 2021. The company’s market capitalisation was $ 84.92B (USD) as of November 2021, and the Marsh & McLennan Cos (MMC) stock is listed on NYSE (New York Stock Exchange).

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
16:30-23:00
Mon
16:30-23:00
Tue
16:30-23:00
Wed
16:30-23:00
Thu
16:30-23:00
Sun
Closed
Sat
Closed

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Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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