What is a stock exchange?

Written by Bode
Updated 3 years ago

The stock exchange is where stocks aka shares are traded. Stock isn’t sold at a fixed price. The stock market is like a big auction house (open market) with prices changing constantly based on the demand and supply of people buying and selling. 

Nigeria has less than 200 companies on the Nigeria Stock Exchange (NSE). United States has more than 10 exchanges with 4,000+ companies on NASDAQ & NYSE, two of the biggest exchanges.

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