Listed securities refer to financial instruments, such as stocks, bonds, or derivatives, that are authorized for trading on a recognized stock exchange. When a security is listed on an exchange, it means that it meets specific requirements set by the exchange and is available for trading by investors.

Listing a security on an exchange offers several advantages. It provides liquidity to investors, allowing them to buy and sell the securities easily through the exchange's trading platform. It also enhances transparency as listed securities are subject to disclosure requirements, including regular financial reporting and updates on material events.

Listing requirements vary across exchanges but typically involve criteria such as financial stability, minimum market capitalization, trading volume, and compliance with regulatory standards. By meeting these criteria, the issuer demonstrates its commitment to transparency, corporate governance, and investor protection.

Investors benefit from trading listed securities as they can access real-time price information, execute trades efficiently, and rely on the exchange's regulatory framework to ensure fair and orderly markets. Furthermore, listed securities often provide greater visibility and credibility, attracting a broader range of investors and potentially increasing their market value.

Overall, the listing of securities on recognized exchanges plays a vital role in facilitating transparent and efficient trading, while offering investors the benefits of liquidity, price discovery, and regulatory oversight.