Exchange: Difference between revisions
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imported>Doug Williamson (Add definition. Source: Linked pages) |
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1. ''Investment - trading.'' | 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. ''Foreign currency.'' | |||
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. | Relating to transactions between different currencies. | ||
4. ''Financial and commercial transactions.'' | |||
Relating to a two-way flow of money or other value. | Relating to a two-way flow of money or other value. | ||
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* [[Foreign currency]] | * [[Foreign currency]] | ||
* [[Foreign exchange]] | * [[Foreign exchange]] | ||
* [[Intermediary]] | |||
* [[Remittance]] | * [[Remittance]] | ||
* [[Security]] | * [[Security]] | ||
Revision as of 10:51, 15 November 2021
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.
