Stock Exchange
An organized marketplace where securities such as stocks and bonds are bought and sold between investors.
What is Stock Exchange?
A stock exchange is a regulated marketplace — physical or electronic — where buyers and sellers trade securities such as equities, bonds, and derivatives under standardized rules. Exchanges provide price discovery, liquidity, and transparency by centralizing trading activity and requiring listed companies to meet ongoing disclosure standards. The two largest US exchanges are the New York Stock Exchange (NYSE) and NASDAQ. Companies must meet minimum size, earnings, and governance requirements to list their shares. Exchange-listed stocks benefit from continuous price quotation, investor confidence from regulatory oversight, and access to a large pool of capital.
Example
Apple is dual-listed — its shares trade on the NASDAQ exchange under the ticker AAPL, while its bonds trade on fixed-income platforms. NASDAQ's all-electronic model enabled Apple shares to trade over 100 million times on a busy day, with bids and offers matched in microseconds.
Source: Investopedia — Stock Exchange