Stock Exchange
February 17, 08 by FinanceTurf
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A stock exchange, share market or bourse is a corporation or mutual organization which provides facilities for stock brokers and traders, to trade company stocks and other securities.
The Securities Contract (Regulation) Act, 1956 defines a stock exchange as an association, organization or body of individuals, whether incorporated or not, established for the purpose of assisting, regulating and controlling of business in buying, selling and dealing in securities.
Every stock exchange has a specific location.
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Only members who have applied and obtained membership are authorized to trade there.
Brokers serve as intermediaries between the buyers and sellers.
Securities that are traded on the stock exchange are known as listed securities.
Stock exchanges have multiple roles in the economy, this may include the following :-
• Raising capital for businesses
• Mobilizing savings for investment
• Facilitating company growth
• Redistribution of wealth
• Corporate governance
• Creating investment opportunities for small investors
• Government capital-raising for development projects
• Barometer of the economy
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Twenty Major Stock Exchanges in the World are as follows:-
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Region |
Stock Exchange |
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Africa |
Johannesburg Securities Exchange |
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NASDAQ |
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Americas/Europe |
NYSE Euro next |
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Asia-Pacific |
Australian Securities Exchange |
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Asia-Pacific |
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Asia-Pacific |
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Asia-Pacific |
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Asia-Pacific |
National Stock Exchange of |
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Asia-Pacific |
Shanghai Stock Exchange |
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Asia-Pacific |
Shenzhen Stock Exchange |
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Asia-Pacific |
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Nordic Stock Exchange Group OMX |
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Swiss Exchange |
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