________ is often defined as a market where intermediaries meet to deliver and execute customer orders.

Question

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An exchange is a market where intermediaries meet to deliver and execute customer orders. An exchange is a centralized market that provides a platform for buyers and sellers to trade different financial instruments like stocks, bonds, currencies, commodities, etc. The exchange acts as an intermediary between the two parties, providing price discovery, liquidity, and transparency to the market.

________ Is Often Defined as a Market Where Intermediaries Meet