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Encyclopedia :: encyclopedia : Stock exchange (Site not responding. Last check: 2007-11-01) |
 | | A stock exchange is a corporation or mutual organization which provides the facilities for stock brokers to trade company stocks and other securities. |
 | | Stock exchanges also provide facilities for the issue and redemption of securities, as well as other financial instruments and capital events including the payment of income and dividends. |
 | | To be listed on the New York Stock Exchange (NYSE), for example, a company must have issued at least a million shares of stock worth $100 million and must have earned more than $10 million over the last three years ([1]). |
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