WHAT IS A STOCK EXCHANGE
Stock exchange is defined as “An association, organization
or body of individuals, whether incorporated or not, established for dhe
purpose of assisting, regulating and controlling business in buying, selling
and dealing in securities”.
The stock exchange is an organized market for the purchase
and sale of the industrial and financial security include shares and debentures
issued by public companies which are duly listed at the stock exchange, and
bonds and debentures issued by government, public corporations and municipal
and port trust bodies. The stock exchange provides services for stock brokers
and traders and other securities.
