Stock Exchange are secondary markets where existing shareholders can deal with potential buyers. Publicly traded companies generally do not buy or sell their shares, but may engage in share buybacks or issue new shares, but these transactions occur outside the framework of the exchange.

Largest Stock Exchange

The first Stock Exchange appeared in Europe in the 16th and 17th centuries, mainly in port cities or trading centers such as Antwerp, Amsterdam and London. At the end of the 18th century, Stock Exchange began to appear in the United States, notably the New York Stock Exchange  Exchange (NYSE), which allowed the trading of Stock exchanges.

The first Stock Exchange in the United States was the Philadelphia Stock Exchange  Exchange (PHLX), which still exists today. The NYSE was founded in 1792 with the signing of the Buttonwood Agreement by 24 New York City Stock Exchange brokers and merchants. Prior to this official incorporation, traders and brokers gathered informally under a buttonhole on Wall Street to buy and sell Stock Exchange.

The advent of modern Stock Exchange ushered in an era of regulation and professionalization that now guarantees buyers and sellers of Stock Exchange s the confidence that their trades will take place at fair prices and within a reasonable time frame. Today, there are many Stock Exchange in the United States and around the world, many of which are electronically linked.

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