Stock Exchanges, Futures Exchanges, The Auction Market Principle, Computerized And Over-the-counter Trading
An association, organization, or group of persons, incorporated or unincorporated, that constitutes, maintains, or provides a marketplace or facilities for bringing together purchasers and sellers of SECURITIES or commodities futures.
A security is a written proof of ownership of an investment, usually in the form of shares of stock, which are fractional units of ownership in a company. Commodities are raw materials, like wheat, gasoline, or silver, that are sold either on the spot market, where cash is paid "on the spot," or through futures contracts, where a price for a contract is set in advance, not to be changed even if the market price for the commodity increases or decreases by the time the contract comes due.
- Exchange of Property
- Exchange - Stock Exchanges
- Exchange - Futures Exchanges
- Exchange - The Auction Market Principle
- Exchange - Computerized And Over-the-counter Trading
- Exchange - Further Readings
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