- Regional stock exchange
A regional stock exchange is an American
stock exchangethat operates outside of the country's main financial center in New York City. A regional stock exchange operates in the trading of listed and over-the-counter (OTC) equitiesunder the SEC's Unlisted Trading Privalages (UTP) rule.
Regional exchanges currently registered with the SEC include:
Boston Stock Exchange(BSE or BSX)
* CBOE Stock Exchange (CBSX)
Chicago Stock Exchange(CHX)
* National Stock Exchange (NSX)
Philadelphia Stock Exchange(PHLX), the nation's first stock exchange
Pacific Stock Exchange(PSE)
There used to be many more such exchanges in the United States. Among those that have become defunct or have merged into the survivors listed above are those of Baltimore, which merged with Philadelphia in 1949;
Buffalo, New York, which closed in 1936; Cleveland, which merged with Chicago in 1949; Colorado Springs, which closed in 1966; Detroit, which closed in 1976; Denver, which closed in 1936; Hartford, which closed in 1934; Honolulu, which closed in 1977; Salt Lake City, which closed in 1986; Minneapolis-St. Paul, which merged with Chicago in 1949; Milwaukee, which closed in 1938; Los Angelesand San Francisco, which merged to form the Pacific Exchange in 1957; Louisville, Kentucky, which closed in 1935; New Orleans, which merged with Chicago in 1959; Pittsburgh, whichmerged with Philadelphia in 1996; Richmond, Virginia, which closed in 1972; Seattle, which closed in 1942; St. Louis, which merged with Chicago in 1949; Spokane, Washington, which closed in 1991; Washington, D.C., which merged with Philadelphia in 1953; and Wheeling, West Virginia, which closed in 1965.
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