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What is the exchange where stock is traded?

What is the exchange where stock is traded? Topic: Places to do homework in boston
June 17, 2019 / By Sierra
Question: I know nothing about the stock market. I have a homework assignment about it though and I have to answer questions about different stocks. One question I must answer is the exchange where stock is traded. What exactly is this?
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Best Answers: What is the exchange where stock is traded?

Phillida Phillida | 8 days ago
A stock exchange is like a giant flea market where people meet to buy and sell shares of stock in companies. In the U.S., there are three main stock exchanges - the New York, the American, and the NASDAQ. Each exchange offers different stocks for sale (for example, you can buy IBM stock on the New York Stock Exchange). All trading (the buying and selling) is done by certified traders (not just everyone can walk in) and orders are placed to buy and sell through a broker (eTrade, Schwab, etc.) who relays the order to the stock exchange/trader, who then tries to make the trade. There are also a number of smaller regional stock exchanges (Denver, Boston, etc.) as well as exchanges in foreign countries.
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Phillida Originally Answered: What is the exchange where stock is traded?
A stock exchange is like a giant flea market where people meet to buy and sell shares of stock in companies. In the U.S., there are three main stock exchanges - the New York, the American, and the NASDAQ. Each exchange offers different stocks for sale (for example, you can buy IBM stock on the New York Stock Exchange). All trading (the buying and selling) is done by certified traders (not just everyone can walk in) and orders are placed to buy and sell through a broker (eTrade, Schwab, etc.) who relays the order to the stock exchange/trader, who then tries to make the trade. There are also a number of smaller regional stock exchanges (Denver, Boston, etc.) as well as exchanges in foreign countries.

Marva Marva
Typically, the market maker is the one who does this. If you ever see a video of say the NYSE trading floor with those guys in funny jackets -- each one of those guys is a market maker. They represent an individual company, say IBM. The market maker for IBM doesn't typically work for IBM, but for a broker-dealer firm like Goldman Sachs. The guy's job is to "make a market" for the stock. He accepts buy and sell orders, and assigns them either manually or, more typically, has a program that assigns it automatically for him i.e. a computer does the market making, under his watchful eye. The guy has a certain amount of stock that he can use to make the market, so if there isn't a buyer for the stock you are selling, he will buy the stock. Typically all this takes place in a fraction of a second. Sometimes there is more than one market maker for a particular stock.
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Lakeshia Lakeshia
A stock exchange, securities exchange or (in Europe) bourse is a corporation or mutual organization which provides "trading" facilities for stock brokers and traders, to trade stocks and other securities. Stock exchanges also provide facilities for the issue and redemption of securities as well as other financial instruments and capital events including the payment of income and dividends. ....bla, bla, bla.... You can read the rest at link below...
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Jenni Jenni
All the above are right, but with the wonders of technology and a little money, you can trade online (www.scottrade.com) and now even trade from your phone as well! No need to go to New York or Chicago
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Jenni Originally Answered: I'm A foreign exchange program and I am so lonley?
Try to go easy on yourself. Being an exchange student is hard, and it always seems like someone else is having a better time, not struggling with homework as much, or whatever. Is there some sightseeing you can do? That will take your mind off this issue while also giving you a sense that you've done something in the country. I've seen plenty of exchange students who just party. That isn't any better. When you get home, you'll realize how much you really were exposed to.

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