Definition of stock exchange
A stock exchange is an entity which provides "trading"facilities for stock brokers and traders, to trade stocksand other securities.
The Stock Exchange (in German: Die Börse) is a bookwritten by Maximilian Weber, a German economistand sociologist in 1896. Note that the original editionwas in German and the title can be translated as "TheStock Exchange".
The Securities Contracts ( Regulation )Act, 1956, has
defined Stock Exchange as on “association,
organization or body of individuals, heatherincorporated or not, established for the purpose of assisting, regulating and controlling business of
buying, selling and dealing in Securities”.