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Institutions and Social Structures

Stock Exchange

Economic Institutions

A stock exchange, also called a securities exchange or bourse, is an exchange where stockbrokers and traders buy and sell securities such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for issuing and redeeming such securities and instruments, including capital events such as the payment of income and dividends, and they often function as continuous auction markets in which buyers and sellers complete transactions through open outcry at a central trading floor or through an electronic system. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/

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The stock exchange is the institutional marketplace through which shares of the corporation, itself an institution of pooled and transferable ownership, are bought and sold.

Stock exchanges function as centralized markets for converting monetary capital into ownership claims and back again.

Sources
Stock Exchange (Wikipedia)
Wikimedia FoundationLead section
Quote, Lead section
A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments.
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