Quick Definition

An exchange is a marketplace where securities, commodities, derivatives, and other financial instruments are traded.

Examples

• 1The New York Stock Exchange (NYSE) where companies like Apple and Microsoft are listed.
• 2Cryptocurrency exchanges like Coinbase where digital currencies such as Bitcoin and Ethereum can be bought and sold.
• 3Commodity exchanges such as the Chicago Mercantile Exchange (CME) where agricultural products and other commodities are traded.

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