Regional stock exchanges, also known as local stock exchanges, are stock markets that operate within a specific region or country. They differ from national or international exchanges in several ways.

Firstly, regional stock exchanges tend to have a smaller market capitalization and a more limited number of listed companies compared to national or international exchanges. This means that they may be less liquid and have lower trading volumes.

Secondly, regional stock exchanges may focus on specific industries or sectors that are more relevant to their local economy. This can make them more attractive to investors who are interested in investing in a particular industry or region.

Finally, regional stock exchanges may have different regulations and listing requirements than national or international exchanges, reflecting the specific needs and characteristics of their local market.

Overall, regional stock exchanges play an important role in providing access to capital for local businesses and investors and can contribute to the development of regional economies.