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What major benefits do corporations and investors enjoy because of the existence of organized security exchanges?

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Benefits to corporations and investors: the existence of organized security exchanges?

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Both corporations and investors enjoy several benefits provided by the existence of organized security exchanges. These include:

1. Providing a continuous market. This may be the most important function of an organized security exchange. A continuous market provides a series of continuous security prices. Price changes from trade to trade, then, tends to be smaller than they would be in the absence of organized markets. The ...

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