Regional Exchange Law and Legal Definition

Regional exchange is a small stock and securities exchange that lists the stocks and securities of companies possessing a regional interest, in its geographic region. Regional exchanges are usually significantly smaller than exchanges that focus on listing stocks at the national level.

Many stocks listed on regional exchanges are not listed on national exchanges. However, regional exchanges also feature stocks which list both on the regional and the national exchange.

The three largest regional exchanges are the Midwest Stock Exchange, the Pacific Stock Exchange, and the Philadelphia-Baltimore-Washington Stock Exchange. The stocks sold over these exchanges are generally listed on NASDAQ.