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What is an Exchange?

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An exchange is an electronic market for assets, securities, currencies or commodities. This implies a sophisticated market such as a stock market that can handle high volumes of trade and associated requirements for financial governance, security and resilience. In many cases, an exchange may also make efforts to provide liquidity so that market trading can be conducted at high speed.
Overview: Exchanges
Type
Business Model
Definition
An electronic market for assets, securities, currencies or goods.
Also Known As
Market
Bourse
Value
Exchanges are fundamental engines of an economy that allow participants to buy and sell assets and securities efficiently.
Related Concepts
Liquidity Risk
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