traded

Traded is the past tense and past participle of the verb trade. It denotes the act of exchanging goods, services, or financial instruments between parties, typically for money, another good, or an equivalent value. The form is used whether the exchange happens in a private deal, in a market transaction, or via a broker.

In economics and finance, trading refers to the process by which buyers and sellers agree on a price and transfer ownership. Markets for stocks, bonds, commodities, currencies, and derivatives rely on trading to achieve price discovery and liquidity. Trades may occur on organized exchanges, such as stock markets, or bilaterally through over-the-counter arrangements. The term can describe both routine, small-scale exchanges and large, institutional transactions.

In everyday language, "traded" can describe any exchange of items between individuals, such as trading toys or clothes. The phrase "traded hands" indicates that ownership has passed from one party to another. The past participle form is also used in passive constructions, for example, "assets were traded at a premium."

See also: trade, trader, trading, exchange, market.