What Is A Market exchange

What Is A Market exchange

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