Salient Features Of Stock Exchange:
There are certain salient features of a Stock Exchange. They may be enumerated as follows:
1. The business is varied and cosmopolitan in nature.
2. It is the nerve – centre of polities and finance.
3. It represents the industrial and commercial life of a country.
4. It provides new horizon for business.
5. It provides a free market for securities.
6. It provides capital to industry and commerce by investors, traders, bankers and govt.
7. It helps government to barrow from public.
8. It is linked with the prosperity of the world in general and of a country in particular.