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1. Investment - trading.

A traditional exchange is an open and organised marketplace in which commodities, securities or other financial instruments are traded.

Examples include stock exchanges such as the London Stock Exchange.

2. Investment - trading - other intermediaries.

More broadly, any intermediary that facilitates a broad range of economic activities, and including intermediaries that may be less well-organised, and less secure for participants.

For example, cryptoasset exchanges.

3. Foreign currency.

Relating to transactions between different currencies.

4. Financial and commercial transactions.

Relating to a two-way flow of money or other value.

Contrasted with a one-way flow, such as a remittance.

See also