The correct answer is C) physical.
The New York Stock Exchange is an example of a physical stock market.
It is a physical facility, which means it has its own building in New York City. In that old building, brokers buy and sell stocks or equity. Investors buy and sell according to the listed prices that appear in the many screens of the building. Other examples of physical stock markets are the Japane stick exchange, the London stock exchange, or the Mexican stock exchange in Mexico City.