Stock Exchange
The market or place, where securities, viz. shares are exchange / traded or simply where buying and selling talks place, is called stock exchange or stock market.

Functioning Of Stock Exchange:
Listing of shares, on a stock exchange, means, such shares can be bought and sold, in stock exchange. A Company, which intends to issue shares, through prospectus, shall have to apply to one or more stock exchanges, for getting its shares listed. The detailed and elaborate procedure of getting the shares listed on a stock exchange is monitored by SEBI. The SEBI, issues guidelines and notifications, from time to...