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Stock exchanges
Formal organizations, approved and regulated by the Securities and Exchange Commission (SEC), that are made up of exchange_members who use the facilities to exchange certain common_stock. The two major national stock exchanges are the New York Stock Exchange (NYSE) and the american_stock_exchange. Five regional stock exchanges include the Midwest, Pacific, Philadelphia, Boston, and Cincinnati. The Arizona Stock Exchange is an after-hours electronic marketplace where anonymous participants trade stocks via personal computers.
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