Stock trading began in its earliest form in Europe during the period commonly known as the dark ages (500AD-1500AD). Towards the end of the epoch, the largest banks in Europe began packaging the large government debts they had and selling small pieces to other banks or to individual investors [5]. By the 1500's, some European countries had stock exchanges, although in the strictest sense, these buildings did not trade actual shares in companies but rather these shares of debts. As the European powers began to colonize and trade with other sections of the world, new financial products were created [5].