The major differences between stock market and stock exchange are as follows −
Stock exchange will take place through different parkways.
Without stock market, trades would have no motivation to exist.
OTC, ECN, Stock exchange are types.
Doesn’t work as cleaning house.
Common for all form of stock trading.
Conducts trading activities.
Organisations have precise stream of stock purchasing and offerings.
Without stock exchange, organisation have no formal system to rundown offers.
NSE, BSE, DOW JONES, NYSE are types.
Works as clearing house.
Made up by an organization to promote stock trading.
Operate under a profit motive.