exchange Any organization, association or group which provides or maintains a marketplace where securities, options, futures, or commodities can be traded; or the marketplace itself. see also NYSE, AMEX, NASDAQ, Chicago Board Options Exchange, Chicago Mercantile Exchange, SEC, after-hours trading, associate member, association, Autex, Automated Order Entry System, backdoor listing, Bolsa, Bourse, certificated stock, clearing member, clearinghouse, Commodity Exchange, Commodities Exchange Act, Commodities Exchange Center, New York Futures Exchange, compliance department, crowd, delist, delivery point, dual listing, floor, on-floor order, off-floor order, opening bell, closing bell, pit, ring, regional exchange, seat, specialist, broker, surveillance department, third market, over-the-counter. Also, to provide goods or services and receive goods or services of approximately equal value in return; here, also called barter. Also, the currency markets. see also currency convertibility, currency risk, bill of exchange, free right of exchange, graduated security, intermarket spread, linkage, listed.
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