Primary Exchange
Definition of 'Primary Exchange'The most important stock exchange in a given country. Common characteristics of a primary exchange include a long history, primary listings of the country's top companies, listings of many important foreign corporations, large total market capitalization and a large trade value. A country may have other important stock exchanges in addition to its primary exchange. |
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Investopedia explains 'Primary Exchange'For example, the United Kingdom's primary exchange is the London Stock Exchange. It was founded in 1801 and has a daily volume of approximately $2 trillion. The NYSE is, of course, the primary exchange of the United States. Other primary exchanges include the following: |
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