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Disclaimer: Ironclad Research provides educational content only. Nothing on this platform is financial advice, a recommendation, or an offer to buy or sell any security. Always do your own research and consider professional advice before making financial decisions.

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  2. Glossary
  3. Exchange
GlossaryMarket Structure

Exchange

A regulated marketplace, such as the LSE or NYSE, where securities are listed and traded.

Appears in these guides

  • Exchanges and Trading VenuesMarket Structure
  • BuybacksStocks & Shares
  • Cash ISA vs Stocks and Shares ISARetirement & Wealth Building
  • Cede & Co: Understanding Securities OwnershipMarket Structure
  • Clearing, Settlement and the Settlement ClockMarket Structure
  • CommissionsBrokers & Accounts

Related terms

Cede & CoClearing HouseCost to BorrowDark PoolDays to CoverDRSDTCCFails to DeliverHigh-Frequency TradingLiquidity

Related lessons

intermediateMarket Structure

High-Frequency Trading (HFT): Speed, Orders and Liquidity

Understand what fast automated trading does, how latency affects order events, and why speed alone proves neither profitability nor market manipulation.

intermediateMarket Structure

Dark Pools & Alternative Trading Systems

Separate US trading-venue rules from order visibility, trace two hypothetical executions, and understand what dark-pool data can and cannot reveal.

Ironclad Research provides educational content only. Nothing on this platform is financial advice, a recommendation, or an offer to buy or sell any security. Always do your own research and consider professional advice before making financial decisions.