Which of the following is an example of an equity exchange?

The New York Stock Exchange (NYSE) is an example of an equity exchange because it primarily facilitates the buying and selling of stocks, which represent ownership in publicly traded companies. This exchange provides a platform for investors to trade shares of stock and is one of the largest and most well-known stock exchanges in the world.

Equity exchanges are characterized by their focus on stocks and similar financial instruments that represent ownership stakes in a company. The NYSE operates with a system that allows for price discovery and liquidity in equity trading, which is vital for investors looking to buy or sell their shares.

The other exchanges mentioned, while also important in financial trading, focus primarily on different types of securities. For example, the Chicago Mercantile Exchange mainly deals with derivatives, including futures and options on a variety of asset classes. The Intercontinental Exchange serves as a global marketplace for a diverse array of financial products, including commodities and futures. The Chicago Board Options Exchange specializes in options trading, which involves contracts that give the buyer the right, but not the obligation, to buy or sell an underlying asset at a specified price before a certain date.