Commercial forms [Edit]
Categorized according to commercial forms of the types of exchanges can be distinguished:
the Stock Exchange market maker,
the auction market,
and hybrid forms, such as, for example, combined with continuous trading auctions.
Earlier forms were:
a outcry: The buying and selling orders are made by mutual shouts.
By type of settlement of trades:
Futures and
Spot transactions.
Another distinction is the type of trading: