Exchange
An exchange is a marketplace where buyers and sellers trade assets, like stocks, bonds, commodities, or currencies, like cryptocurrencies. Exchanges are essentially the platform for transparent and efficient transactions. Some well-known stock exchanges include the New York Stock Exchange (NYSE), the Nasdaq, Cboe, London Stock Exchange (LSE), the ASX and the NZX. For cryptocurrencies, exchanges including Binance, Coinbase and Kraken, enable users to buy, sell, and trade digital currencies. Exchanges play an important role in financial markets because they are highly regulated, which ensures fair and orderly transactions.
We acknowledge and thank the FMA, Dr Karena Kelly and Brook Taurua Grant, the RBNZ and the Māori Dictionary for their research which helped us with te Reo Māori kupu for this glossary.
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