The Penny Stock Trading System...........

A stock market - share market is a public market (a loose network of economic
transactions not a physical facility or discrete entity) for the trading of
company stock and derivatives at an agreed price; these are securities listed
on a stock exchange as well as those only traded privately.

The size of the world stock market was estimated at about $36.6 trillion US at
the beginning of October 2008. The total world derivatives market has been
estimated at about $791 trillion face or nominal value, 11 times the size
of the entire world economy. The value of the derivatives market, because
it is stated in terms of notional values, cannot be directly compared to a stock
or a fixed income security, which traditionally refers to an actual value. Moreover,
the vast majority of derivatives 'cancel' each other out (i.e., a derivative 'bet'
on an event occurring is offset by a comparable derivative 'bet' on the event not
occurring.). Many such relatively illiquid securities are valued as marked to model,
rather than an actual market price.

The stocks are listed and traded on stock exchanges which are entities of a
corporation or mutual organization specialized in the business of bringing buyers
and sellers of the organizations to a listing of stocks and securities together.
The stock market in the United States is NYSE while in Canada, it is the Toronto
Stock Exchange. Major European examples of stock exchanges include the London Stock
Exchange, Paris Bourse, and the Deutsche Börse. Asian examples include the Tokyo
Stock Exchange, the Hong Kong Stock Exchange,the Bombay Stock Exchange and the Karachi
Stock Exchange. In Latin America, there are such exchanges as the BM&F Bovespa and the BMV.



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