The Exchange

The Exchange refers to platforms or systems where trading of goods, services, or financial instruments occurs. This includes stock exchanges, where shares of companies are bought and sold, or commodity exchanges, where raw materials like oil or gold are traded. These exchanges facilitate transactions by providing a regulated environment that ensures fairness and transparency. They play a crucial role in the economy by enabling businesses to raise capital, investors to buy and sell assets, and prices to be determined based on supply and demand. Essentially, they are marketplaces for a variety of tradeable items.