Exchange as a tool for the economy firmly established in modern society.This place is a certain kind of wholesale goods, which is carried out in strictly designated place at the specified time.Trades are public.There are certain types of exchanges.This article will focus on the various exchanges and their functions.
Exchange trade is of great importance.First, it brings together supply and demand in the space provided.There the determination of the price, which serves as a benchmark, even outside the stock exchange.
Secondly, the exchange provides a full picture of the ability of the market and product in this market.You can analyze the preferred directions of production: price, quality, supply and demand.
Thus, we can say that the role of the stock exchange in the economy is high.This controller and one of the main levers market.
Depending on what purpose they serve bids, allocate commercial and noncommercial exchanges.In the West, and in Russia there are mainly non-profit exchanges that exist through contributions.
For availability of types of exchanges are open and closed.It is determined by the degree of openness of trading for everyone.On closing of the transaction may make only accredited people.
main types of exchanges is determined by the product which they are sold.Let us dwell on this division.
Commodity Exchange
Commodity Exchange is designed for the sale of goods and raw materials in bulk.Many products are made very far from the place of consumption.The Commodity Exchange is a tool for managing the implementation, supply of these goods.The main part of this system is the world's commodity exchanges.They allow you to adjust the price level for goods and raw materials in accordance with the existing supply and demand.Commodity exchanges make it possible to monitor price changes and predict their fall or rise.Their bid is a realization of large quantities of goods, so the price level enough to be easily adjusted.Since world prices are set for each type of raw materials and goods.
Types of exchanges, trading in goods and raw materials, differ only in trade.The functions and how they work the same.
Stock Exchange
Stock exchanges involved in the sale of securities and other financial instruments.In this regard, these exchanges can be accumulated large amounts of capital.In the future, they can be used for industrial purposes.
on stock exchanges occur trades in stocks, bonds, including government loan.
meaning of trading on stock exchanges is to purchase securities at a price which in the future may be much higher.Difference and make a profit.
Stock Exchange organizes trading and service.The following types of stock exchanges, which can vary in the quality of eligible securities, as well as their type.Also, the stock exchange may be different types of trades and technology.
Depending on the type of securities are distinguished: equities, bonds, derivative securities and subscription rights.
Depending on the Exchange trades are divided into regular market transactions, forward transactions and cash transactions.
By type of applied technologies exchange are divided into traditional and computerized.
Currency Exchange
Currency Exchange engaged in the sale and installation of exchange quotations.Exchange rates are fixed in different countries and thus Currency Exchange performs its main role.
Job
Job is the link between the organizations, employers and employees.This market has a sufficient base of vacancies, and the same base of employees of various professions who are looking for work.
Types exchanges may be different, but they all function as a marketing tool through which the exchange of values or information.Their role in the economy of the world is enormous, no matter in which area they specialize.
