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[audioFiles]2017m2x/audio_ezfm_033_201702[/audioFiles] Stock Exchange An
[audioFiles]2017m2x/audio_ezfm_033_201702[/audioFiles] Stock Exchange An
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2023-10-30
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Stock Exchange
Another key financial institution in the money market is the stock exchange. / The stock exchange makes a market through stockbrokers. / In the United States the market is made by specialists / who are wholesalers of stocks and shares. / They hold a "float" of shares at any time, / and daily prices are set as they mark prices down / and as they balance shares offered with shares demanded. / Stock exchange transactions occur within a complex network of law, / government regulations, / and the internal rules of the individual governing bodies. /
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