What is a stock exchange?

Tim Bennett looks at why stock exchanges exist – what they are for, and how they affect your investing life.

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  • Jim

    Very interesting.

    Part that puzzles me is that when shares are being sold when there is bad news, who is doing the buying?

    Recalled reading The Great Crash 1929 by John Kenneth Galbraith where he wrote that even as shares were sold as the depression reached its height, there was still somebody buying.

  • Graham

    How are share prices determined?