Term:
Public exchanges and securities markets
Definition:
Public exchanges and securities markets are organized exchanges and entities such as security depository companies, accounting and clearing offices, and other companies providing exchange- related services. Depositories and electronic clearing systems operated by financial corporations fall into this subsector, as do national self-regulatory organizations that regulate or supervise exchanges and related units
Domain:
Finance
Source:
Monetary and Financial Statistics Manual, IMF, Washington, 2000, para. 101