bärs
A børs, or stock exchange, is a marketplace where buyers and sellers trade financial instruments such as equities, bonds, derivatives, and commodities. It serves as a centralized venue with standardized rules designed to facilitate orderly and transparent trading.
The term børs comes from the Dutch and French words for bench or purse, reflecting its historical
Functions include price discovery, liquidity provision, and efficient capital allocation. Exchanges impose listing and disclosure requirements
Most modern exchanges operate electronically, with matching engines that pair buy and sell orders. They may
Regulation is enforced by national authorities and, in many cases, by international supervisory groups. Listing standards
Historically, bourses arose in Europe during the late Middle Ages and early modern era, evolving from informal