stock exchange, stock market, securities market(noun)
an exchange where security trading is conducted by professional stockbrokers
A building and the associated organization that trades stocks in of companies for money and vice versa.
A stock exchange is a form of exchange which provides services for stock brokers and traders to trade stocks, bonds, and other securities. Stock exchanges also provide facilities for issue and redemption of securities and other financial instruments, and capital events including the payment of income and dividends. Securities traded on a stock exchange include shares issued by companies, unit trusts, derivatives, pooled investment products and bonds. To be able to trade a security on a certain stock exchange, it must be listed there. Usually, there is a central location at least for record keeping, but trade is increasingly less linked to such a physical place, as modern markets are electronic networks, which gives them advantages of increased speed and reduced cost of transactions. Trade on an exchange is by members only. The initial offering of stocks and bonds to investors is by definition done in the primary market and subsequent trading is done in the secondary market. A stock exchange is often the most important component of a stock market. Supply and demand in stock markets are driven by various factors that, as in all free markets, affect the price of stocks.
The Nuttall Encyclopedia
a mart for the buying and selling of Government stocks, company shares, and various securities, carried on usually by the members of an associated body of brokers having certain rules and regulations. Such associations exist now in most of the important cities of the United Kingdom and commercial world generally (on the Continent are known as Bourses). The London Stock Exchange, transacting business in handsome buildings in Capel Court, facing the Bank of England, was established in 1801, stock-exchange transactions previous to then being carried on in a loose, ill-regulated fashion by private parties chiefly in and around Change Alley, the scene of the memorable South Sea Bubble (q. v.) speculation. The great development in stock-exchange business in recent times is due chiefly to the sale of foreign and colonial bonds, and the remarkable growth and spread of joint-stock companies since the Joint-Stock Company Act of 1862.
Etymology and Origins
For the application of the term “Stock” to money, see “Government Stock.”
The numerical value of Stock Exchange in Chaldean Numerology is: 6
The numerical value of Stock Exchange in Pythagorean Numerology is: 9