A stock exchange is a market where buyers or sellers or their agents come together to buy and sell certain goods, and where the place of operation, working hours and working method are predetermined.

The difference from other markets is that the goods traded on the Stock Exchange do not change hands exactly, but the documents representing these goods. Or, in many cases, unwritten, verbal trading takes place.

Exchanges can be specialized in certain subjects. For example, gold, foreign exchange, securities, precious stones exchanges. For example, grain, livestock, mineral exchanges…

As it is known, Commodity Exchanges have been operating in our country for many years.

Since our subject is the trading of “Stocks”, only Stock Exchanges and especially the Istanbul Stock Exchange will be mentioned here.

In some countries, the establishment and working procedures of stock exchanges are regulated by law. In some countries, those concerned (within the framework of general principles of law) determine the establishment and working procedures of stock exchanges by drafting by-laws, contracts and establishing companies and associations.

In Turkey, the Istanbul Stock Exchange The way of establishment and operation is regulated by law.

Apart from the forms of organization described above in Istanbul spontaneous and predetermined working without any written procedures and rules There are two more Exchanges.
These are:

• Near the Nuruosmaniye gate of the Grand Bazaar With the “Gold Exchange” operating on Aga Street
• Istanbul Securities on Dock Street in Karaköy Stock Exchange building. which continues its activities in front of the ” It is a “free standing stock exchange”.

The most important features of the stock market:

• Buyers and sellers or their agents to find each other to provide opportunities,
• Allowing the buyer or seller to “buy when they want and sell when they want” on an ongoing basis,
• It brings buyers and sellers or their proxies face to face and ensures the free formation of prices in accordance with the real supply and demand principle.

The stock exchange is a true free market mechanism.

In the stock exchange, both the buyer and the seller buy and sell at their own risk and profit.
The responsibility of those who establish and operate the stock exchange is to take measures to ensure free price formation and to eliminate obstacles that will prevent openness and freedom.