Exchange is an organized securities market

Maintaining a normal level of the functioning of the economy directly depends on the development of the market infrastructure - a set of institutions of the economy that are responsible for the continuity of its mechanism. Their purpose is to distribute and move financial and commodity flows. Exchange transactions are performed in some organizational forms, for example, shops, bazaars and fairs, and the movement of money contributes to the emergence of specialized institutions, such as banks.

The exchange is the most developed form of the market infrastructure. With its help, regular wholesale of goods of the same type, as well as foreign currency and securities, is carried out. This contributed to its division into different types:

1. Currency Exchange - this is the place of execution of transactions for the purchase and sale of currencies. Each of them has a certain individual work schedule, which affects the actions of traders who have to take this into account, but they do not always have the opportunity to respond to changes in monetary situations on time. The foreign exchange market is a place for trade, which does not have time and territorial boundaries. On it you can perform operations around the clock, excluding weekends and holidays. Currency trading can become both a main occupation and an underworking.

2. A stock exchange is an organization whose activity is to provide the required conditions for the production of normal securities turnover, dissemination of information about them and determining their value in the market. It is designed to create an organizational structure, perform transactions with its values, for a clear conclusion mechanism and a system for controlling transactions with a high level of reliability.

3. A commodity exchange is a sphere created as an intermediary, which renders its services in the process of concluding transactions for sale and purchase. In addition, it is responsible for regulating operations and supporting situations. The Commodity Exchange regularly collects and publishes information on the cost and factors of production that affect pricing.

4. The labor exchange is an institution that provides intermediary services in the process of employment (both employers and mercenaries). It facilitates a quick search for a good job or a vacancy. The labor exchange has a huge base of hired personnel and vacancies for employment. She studies the labor market and provides advice on the professional interest of employers free of charge.

In connection with the growth of the financial crisis, previously unclaimed institutions appeared:

- The barter exchange is the sphere of exchange of goods for goods without the use of money;

- depository exchange, where it is possible to exchange deposits in a troubled bank at the expense of another participant.

The structure of the market continues to improve and develop, so very soon we will be able to get acquainted with new types of exchanges.