Explain the features of Stock Exchanges.
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features of stock exchanges ...
- organised markets : stock exchange is an organised market. Every stock exchange has a management committee , which has all rights related to management and control of exchange .
- Dealing in securities issued by various concerns : only those securities are traded in the stock exchange which is listed there.
- Dealing only through authorised members: Investors can sell and purchase securities in stock exchange only through the authorised members .
- Necessary to obey the rules and bye laws : while transacting in stock exchange it is necessary to obey rules and bye laws determinedby the stock exchange.
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