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Exchange
The physical location where brokers transact business for their clients. The principal ones are the NYSE (New York Stock Exchange), ASE (American Stock Exchange) and NASDAQ (National Association of Securities Dealers Automated Quotes). This last one is not so much a physical location but rather a method of trade transaction. Each exchange has different requirements as to which companies can trade on their exchange.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking
- Category: Initial public offering
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