Definition of regional stock exchanges

organized national securities exchanges located outside of New York City and registered with the Securities and Exchange Commission They include the Boston, Chicago, National, Pacific, and Philadelphia stock exchanges. These exchanges list both regional issues and many of the securities listed on the New York exchanges. Companies listed on the new york stock exchange, the American Stock Exchange, and the NASDAQ Stock Marketbroaden the market for regional exchanges' securities. Using the Intermarket Trading System (ITS), regional exchanges can see competing prices for the securities traded on video screens. Regional exchanges have increased their competitive positions by adopting electronic trading and clearing systems, demutualizing and adding products such as Exchange-Traded Funds