Physical location exchange
Physical location exchange is an exchanges, such as the New York Stock Exchange, that facilitate trading of securities at a particular location.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Physical location exchanges. Exchanges, such as the New York Stock Exchange, that facilitate trading of securities at a particular location.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Physical location exchange. Formal organizations having tangible physical locations that conduct auction markets in designated (“listed”) securities.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
