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Stock Exchange is the market for the sale and purchase of securities of corporations and municipalities, and in some cases, of certificates representing commodities of trade. Stock exchanges operate in many of the larger cities in the U.S., such as New York City, Boston, Philadelphia, Chicago, Denver, Colorado, Los Angeles, and San Francisco. Stock exchanges also operate in most of the major commercial centers throughout the world. The most important stock exchanges in the U.S. are the New York Stock Exchange and the American Stock Exchange, both located in New York City. The New York Stock Exchange is the largest organized market in the United States for buying and selling shares of stock. Trading on the New York Stock Exchange is conducted in stocks and bonds , as well as options and financial futures. The number of listings on the e