What are the advantages of having a local stock exchange market? and The Stocks(1741), Churchtown, near Southport.

What are the advantages of having a local stock exchange market?

I'm researching on Guinea-Bissau, and know that the BRVM Regional Stock Exchange is serving the country. But I wanna know exactly, why you will need a local stock market and the benefits of having one. Thnx to all.


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Answer by raysor
A local stock would not be quoted on the major stock exchanges due to cost and lack of liquidity. Who would be interested in a company operating in Guinea-Bissau, unless you lived there? There could be some local interest however.

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The Stocks(1741), Churchtown, near Southport.


Image by JohnnyEnglish
These stocks were built by a John Linnaker in 1741.
The last person to be put in them was a Thomas Rimmer, in 1861......sentenced to six hours, for drunkeness.
These are double-stocks...so that, if neccessary, two miscreants could be punished at one time.
The steel railings are a relatively recent addition to protect the stocks.

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