securities exchange

Stock Exchange

A place, whether physical or electronic, where stocks, bonds, and/or derivatives in listed companies are bought and sold. A stock exchange may be a private company, a non-profit, or a publicly-traded company (some exchanges have shares that trade on their own floors). A stock exchange provides a regulated place where brokers and companies may meet in order to make investments on neutral ground. The concept traces its roots back to medieval France and the Low Countries, where agricultural goods were traded for cash or debt. Most countries have a main exchange and many also have smaller, regional exchanges. A stock exchange is also called a bourse or simply an exchange.

securities exchange

A facility for the organized trading of securities. The major national exchanges are the American Stock Exchange, Chicago Board Options Exchange, and New York Stock Exchange. In addition, a number of regional exchanges are to be found throughout the country. Also called exchange, organized securities exchange, stock exchange.