Stock and Bond Markets
Most major cities have stock exchanges, with the biggest located in New York, London, Tokyo, and Singapore. They are simply a market for buying and selling, like many of the street markets in London, especially the famous Portobello Road market in Notting Hill, where stall holders sell anything from a cabbage to an antique statue.
But the commodity in stock markets is company shares, the sale or trade of which is designed to raise capital for a company.
Business media is very important to the operation of stock markets. When companies are publicly owned—that is, when shares are held by investors outside the company—legislation ...