In Stock market terminology, the term Share Market refers to the stock or equity market which consists of a system for trading stocks. Stocks represent equity or ownership in the issuing corporations. Stocks are traded on centralized and non-centralized stock exchanges around the world that form the global Share Market.
For example, the Share Market, also called the Equity and Stock Market, in the United States is primarily made up of the New York Stock Exchange and the American Stock Exchange, which both maintain a centralized location for the trading of stocks. It also includes the Nasdaq Market, which trades stocks on a large electronic and phone network without a centralized location. Other smaller regional exchanges which participate in the U.S. Share Market include the Chicago Stock Exchange, the Philadelphia Stock Exchange and the Boston Stock Exchange. Additional participants in the U.S. Share Market consist of the Over-the-Counter Bulletin and the Pink Sheets, publications which list quotes for smaller and less liquid equities.