Exchange and its types

10percentfinance

What are exchanges?

An exchange is a place where something is exchanged or traded. In our context it will be the trade of securities, etc.

So what are the different types of exchanges?

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Equity/Stock Exchange

Equity/ Stock exchanges facilitate trading financial securities such as equities and ETFs.

Currency Exchange

These exchanges facilitate the trade of currencies in pairs

Foreign Exchange or Forex as people call it, is a global market for exchanging foreign currencies

Commodity Exchange

These exchanges facilitate the trade of commodities. Facilitate the buying and selling of physical goods, such as agricultural products and raw materials.

Check out my blog post to understand more about this

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