definition
strict definition
trading center
Related terms: exchange · trading floor
Large spaces for commercial trading of financial products or commodities, including exchange trading areas.
Pictured: World Market Center - Building B
A trading center is a large area for commercial trading of stocks, bonds, derivatives, commodities, and similar items.
The site accommodates transactions in the financial products or commodities being traded. A trading area can specialize in a particular market, such as securities or commodities.
A stock exchange and a commodities exchange identify more particular trading uses. An ordinary shop selling goods for customers to carry away has a different retail function.
More specific definitions
3 sub-definitions-
commodities exchange
A trading center focused on the exchange of raw materials and their financial derivatives. -
derivatives exchange
A place designated for open trading of futures, options, commodities, and other financial instruments. -
stock exchange
A site for open trading of company ownership shares, usually through a trading floor.
Related definitions
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commercial office
Private-business office space, including buildings with a mix of commercial and institutional tenants. -
institutional office
Administrative offices strongly identified with medical, educational, cultural, or charitable institutions, subject to exclusions. -
mass media
Specialized workspaces for producing, managing, recording, or broadcasting material for mass communication.