What Is A Market exchange – erykme.com
An market exchange (also called simply exchange or bourse) is a highly organised market where brokers and traders buy and sell securities such as shares, commodities, currencies, futures and options.
Market exchanges can be facilitated with a clearing houseto cover defaults, or over-the-counter (OTC).
Market exchanges can be specialised, such as the global foreign exchange market or stock exchanges. The famous stock exchanges include:
- New York Stock Exchange
- London Stock Exchange
- Tokyo Stock Exchange
- Shanghai Stock Exchange
- Frankfurt Stock Exchange (FRA)
- Paris Stock Exchange