A stock is a certain type of security that shows ownership of a particular company and gives its holder a right to a portion of the company's assets. A stock is a stock of a specific company. The word stocks is used to refer to the shares of several different companies, while the word stocks is used to refer to a specific share of a company. A stock exchange is the market in which stocks, bonds, and other types of financial items are traded. This is the “place” where stock buyers connect with sellers. There are many different ways to trade stocks. One of them is through auctions. For this exchange, specialists (a human intermediary) must be physically present on the stock market. Each of the specialists specializes in a specific type of stock and buys and sells the stocks at auctions. The New York Stock Exchange is best known for these auctions. However, the auction-based exchange competes with electronic exchanges. An electronic stock exchange is exactly what it sounds like. It is a scholarship where...