Stock exchange
Definition · Level 0 · Market basics
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A regulated marketplace that lists securities and matches buy and sell orders under public rules, publishing quotes and trades: NYSE and Nasdaq in the US; Euronext, LSE and Deutsche Börse in Europe.
Example
After its IPO, XYZ's price is set on the exchange every second of the session.
Where Tradecraft teaches it
Level 0 · Market basics, in the lesson “Market plumbing & the trading day”: Who stands between you and the other side of your trade, how it settles, and when US stocks trade.
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