USA HISTORY

Detailed explanation-1: -Stock exchanges are places where people buy and sell shares of stock. Companies agree to have their shares listed for trade on the stock exchanges they choose, and members of each exchange are allowed to trade the stocks listed there.

Detailed explanation-2: -To buy stocks, you’ll typically need the assistance of a stockbroker, since you cannot simply call up a stock exchange and ask to buy stocks directly. When you use a stockbroker, whether a human being or an online platform, you can choose the investment that you wish to buy or sell and how the trade should be handled.

Detailed explanation-3: -A stock exchange is an exchange (or bourse) where stockbrokers and traders can buy and sell shares (equity stock), bonds, and other securities.