are independently owned by a third party and connect many sellers with many buyers. Sellers exchanges Buy-side marketplaces Sell-side marketplaces Electronic exchanges

Electronic exchanges

Explanation:

Electronic exchanges are independently owned by a third party and connect many sellers with many buyers.

Electronic exchange is a trading platform in which the following functions are performed by a computer.

1. entry of any thing that is bought or sold

2. matching of buy and sell orders

3. Price determination

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