Traditional Stock Exchange
A traditional stock exchange is a centralized marketplace where buyers and sellers trade securities such as stocks, bonds, and derivatives through regulated brokers and electronic systems. It operates with fixed trading hours, physical or virtual trading floors, and strict regulatory oversight to ensure transparency and fairness. Examples include the New York Stock Exchange (NYSE) and London Stock Exchange (LSE), which facilitate capital raising for companies and investment opportunities for individuals and institutions.
Developers should learn about traditional stock exchanges when building financial applications, trading platforms, or data analytics tools that require real-time market data, compliance with financial regulations, or integration with brokerage APIs. This knowledge is crucial for roles in fintech, algorithmic trading, or financial software development, as it helps in understanding market mechanics, order execution, and the infrastructure behind global capital markets.