Term from securities law.
1It was the great place of exchange between Serbia and western Europe, and was really the meeting-place of East and West.
2A corral seemed full of a seething mob of natives; we found later that this was the market, a place of exchange.
3Among the "blessings" of the system is the fact that local places of exchange no longer exist.
4That this necessarily implies the absence of towns, or local places of exchange, and a necessity for resorting to a place of exchange far distant.