Stock Exchanges (e.g., NYSE, NASDAQ)

Stock exchanges like the NYSE and NASDAQ are marketplaces where investors buy and sell shares of publicly traded companies. They provide a structured environment that ensures transparency, liquidity, and fair trading. Companies list their shares on these exchanges to raise capital, while investors trade shares based on their valuation and expectations. The NYSE operates with a physical trading floor and electronic systems, often known for established, large-cap firms. NASDAQ is primarily electronic, hosting many tech companies. Both facilitate price discovery and help maintain confidence in financial markets by setting rules and regulations for trading activities.