1. A marketplace or facility for the organized purchase and sale of securities, esp. stocks.
2. A group of people who organize themselves to create such a marketplace; EXCHANGE(5). — Often shortened to exchange.
— Also termed stock exchange. [Cases: Exchanges
1. C.J.S. Exchanges §§ 2–3.]
regional securities exchange. A securities exchange that focuses on stocks and bonds of local interest, such as the Boston, Philadelphia, and Midwest stock exchanges.