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STOCK EXCHANGE CULTURE
Definition of stock :

supply
1 [uncountable, countable] a supply of goods that is available for sale in a shop/store.
2 [countable, uncountable] stock (of something) a supply of something that is available for u

finance
3 [uncountable] the value of the shares in a company that have been sold4 [countable, usually
plural] a share that somebody has bought in a company or businessstock prices (North
American English) to invest in stocks and bonds compare share n. (4)5 [uncountable,
countable] (British English) money that is lent to a government at a fixed rate of interest; an
official document that gives details of thisgovernment stockto invest in stocks and shares .
source : Oxford Advanced Dictionnary
Definition of exchange :

giving and receiving
1 [countable, uncountable] an act of giving something to somebody or doing something for
somebody and receiving something in return
of money
3 [uncountable] the process of changing an amount of one currency (= the money used in
one country) for an equal value of another

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stock exchange

Definition
Organized and regulated financial market where securities (bonds, notes, shares) are
bought and sold at prices governed by the forces of demand and supply. Stock
exchanges basically serve as (1) primary markets where corporations, governments,
municipalities, and other incorporated bodies can raise capital by channeling savings of
the investors into productive ventures; and (2) secondary markets where investors can
sell their securities to other investors for cash, thus reducing the risk of investment and
maintaining liquidity in the system. Stock exchanges impose stringent rules, listing
requirements, and statutory requirements that are binding on all listed and trading
parties. Trades in the older exchanges are conducted on the floor (called the 'trading
floor') of the exchange itself, by shouting orders and instructions (called open outcry
system). On modern exchanges, trades are conducted over telephone or online. Almost
all exchanges are 'auction exchanges' where buyers enter competitive bids and sellers
enter competitive orders through a trading day. Some European exchanges, however,
use 'periodic auction' method in which round-robin calls are made once a trading day.
The first stock exchange was opened in Amsterdam in 1602; the three largest
exchanges in the world are (in the descending order) New York Stock Exchange
(NYSE), London Stock Exchange (LSE), and the Tokyo Stock Exchange (TSE). Called
also stock market.

A stock exchange is a form of exchange which provides services for stock brokers and traders
to buy or sell stocks, bonds, and other securities. Stock exchanges also provide facilities for
issue and redemption of securities and other financial instruments, and capital events including
the payment of income and dividends. Securities traded on a stock exchange include stock
issued by listed companies, unit trusts, derivatives, pooled investment products and bonds.
Stock exchanges often function as "continuous auction" markets, with buyers and sellers
consummating transactions at a central location, such as the floor of the exchange.



The New York Stock Exchange


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The New York Stock Exchange (NYSE), sometimes known as the "Big Board",
[4]
is an
American stock exchange located at 11 Wall Street, Lower Manhattan, New York City, New
York, United States. It is by far the world's largest stock exchange by market capitalization of its
listed companies at US$16.613 trillion as of May 2013.
[1]
Average daily trading value was
approximately US$169 billion in 2013.
The NYSE trading floor is located at 11 Wall Street and is composed of four rooms used for the
facilitation of trading. A fifth trading room, located at 30 Broad Street, was closed in February
2007. The main building, located at 18 Broad Street, between the corners of Wall Street and
Exchange Place, was designated a National Historic Landmark in 1978,
[5]
as was the 11 Wall
Street building.
[3][6][7]

The NYSE is owned by IntercontinentalExchange, a holding company it also lists (NYSE: ICE).
Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger
with the fully electronic stock exchange Euronext.
[8]
NYSE and Euronext now operate as
divisions of IntercontinentalExchange.
The NYSE has been the subject of several lawsuits regarding fraud or breach of duty
[9][10]
and
was sued by its former CEO for breach of contract and defamation.