A stock exchange is a regulated venue that matches buyers and sellers of securities. It sets the rules listed companies must follow, publishes prices so that everyone trades on the same information, and provides the settlement machinery that makes sure shares and money actually change hands.
Key takeaways
- An exchange does not buy or sell — it hosts and regulates the trading others do.
- Continuous public pricing is what makes shares easy to value and to sell.
- Listing brings disclosure obligations: audited accounts, results announcements, disclosure of material events.
