It is the world’s largest stock exchange and has a market capitalization of US$ 24.3 trillion as of May 2023. A stock exchange, securities exchange or bourse, is a facility where stock brokers and traders can buy and sell securities, such as shares of stock and bonds and other financial instruments. Trade on an exchange is restricted to brokers who are members of the exchangeThe Stock Exchanges market has witnessed a growth from USD million to USD million from 2017 to 2022.
To ensure that investors make the most, this company offers them the opportunity to trade in bonds, stocks, and other derivative products. There are seventeen stock exchanges in the world that have a market capitalization of over US$1 trillion each. These exchanges accounted for 87% of global market capitalization in 2016.[1] Some exchanges do include companies from outside the country where the exchange is located. Next up is the LSE group, otherwise known as the London Stock Exchange Group. This British-based stock exchange is headquartered in London, England but owns several stock exchanges including Italy’s Borsa Italiana.
A Stock Exchange is an organization that anchors formulated markets for dealing in securities, derivatives, commodities, and other financial equipment. And, securities are bought and sold out according to clear-cut rules and regulations. WestRock shareholders will receive one Smurfit WestRock share and $5 cash, best tobacco stocks equivalent to $43.51 per share, while Smurfit Kappa shareholders will receive one new share. There were still some sources of optimism amid the gloom, though, as the US dollar snapped a two-month losing streak and Nvidia’s share price reached a record high following a stellar second-quarter earnings report.
Shenzhen Stock Exchange
As of May 2023, SZSE has 2,645 listed companies and a market capitalization of US$ 4.67 trillion. Many of the companies within this market are subsidiaries of companies in which the Chinese government maintains a controlling interest. It has around 1,500 listed companies leading to a market capitalization worth US$ 6.42 trillion as of May 2023. EURONEXT provided the segments which are equities, warrants, exchange-traded, bonds, commodities, funds and certificates, derivatives, indices, and foreign exchange trading platforms. The largest European based stock exchange is based in Amsterdam (Euronext) with a market cap of around $4.34 trillion, closely followed by the London Stock Exchange (LSE) at $4.32 trillion.
- Most often the traditional Exchange floor is where the selling and buying take place.
- It was founded about 128 years ago as the Association of Stockbrokers in Hong Kong but was renamed the Hong Kong Stock Exchange on February 21, 1914.
- Shanghai Stock Exchange is the larger of the two independently operating exchanges in China.
- The exchange is located on 11 Wall Street, Lower Manhattan, New York City, and was established on May 17, 1792.
For instance, on one of America’s largest exchanges, the NASDAQ, a whopping $228 billion of trades were carried out on February 23, 2023, in the form of 4.6 billion shares and through 31 million trades excluding block trades. For America’s largest exchange, the New York Stock Exchange (NYSE), 3.8 billion Consolidated Tape A shares (those of NYSE listed stocks) changed hands on the same day. Headquartered in one of the busiest cities of the country, the NSE is one of the leading stock exchanges in not only India but globally. Established in 1992, this exchange was created to provide an electronic trading system to investors in the country and it is the pioneer electronic exchange in the country.
National Stock Exchange of India
Even added together, these three exchanges make up just 0.01% of total market capitalization. Founded in 1891, the Hong Kong Stock Exchange currently has over 2,315 companies listed on it. According to data from the country’s financial magazines, more than 50% of the companies listed are all operating in Mainland China. In addition to having most of its listed companies based in China, this exchange also lists some of the very top companies like AIA, HSBC Holdings, PetroChina, etc. Otherwise referred to as the Deutsch Börse AG, this is a German company with its headquarters in Frankfurt, Germany.
The world’s two largest stock exchanges lie only minutes apart in New York City, United States. The New York Stock Exchange founded on May 17, 1792, is the world’s biggest stock exchange in trader value and has a capitalization of $19.223 Trillion USD. Notable market events have included the 1929 Wall Street Crash, the 1987 Black Tuesday, and the 1997 mini-crash. Second on the list is the tech-heavy NASDAQ founded on February 4, 1971, also in New York, with a market capitalization of $6.831 Trillion. It is owned by NASDAQ, Inc, and first exchange to use electronic system in trading.
Based in Zurich Switzerland, SIX Swiss Exchange (previously known as SWX Swiss Exchange) is the main stock exchange in Switzerland. It was founded in 1850 and offers trading in stocks, government bonds, and some derivative products. Its main stock index, the Swiss Market Index (SMI), consists of https://bigbostrade.com/ the 20 most significant and most liquid companies on the exchange. It was founded on September 22, 2000, and has a market capitalization of $4.88 trillion. The top 5 companies (by market capitalization) listed on EURONEXT are Procter & Gamble, LVMH, Royal Dutch Shell, Merck & Co., and L’Oreal.
In the last couple of years, the number of companies listed on this exchange has grown at an unprecedented rate and this had led to an increase in its market capitalization. Stock exchanges have always carried an elevated sense of legitimacy, which ultimately provides access to the best capital and financing for companies that trade there. That’s why you’ll find non-American companies like Toyota, Sony, and Alibaba on U.S. exchanges. The Tokyo Stock Exchange (TSE) is the largest exchange in Japan and also number two behind the NYSE in terms of the more than $3 trillion in market capitalization the companies on its exchange represent.
Stock Exchanges Around the World
The Shanghai Stock Exchange is the largest stock exchange in Asia and the world’s third-largest stock exchange by market capitalization. And finally, we have the stock exchange that most people imagine when they visualize frantic brokers and traders dashing around, the New York Stock Exchange. This behemoth is located on the venerable Wall Street and was founded in 1792, surviving the changes that have impacted the world over the past 200 years or so. Nowadays it sits on top of the stock exchange pile at a market capitalization of $25.53 trillion.
With a trading volume of over $29 billion monthly, JSE has over 400 stocks listed on its exchange. The NSE has approximately 1952 listed companies and has a market capitalization of US$3.26 trillion as of May 2023. NSE’s flagship index, the NIFTY 50, a 50 stock index is used extensively by investors in India and around the world as a barometer of the Indian capital market, which makes it among the top 10 stock exchanges in the world. The Shenzhen Stock Exchange as the name suggests is a stock exchange based out of the Chinese city of Shenzhen. It is one of two such exchanges operating independently in mainland China, with the other being its bigger brother the Shanghai stock exchange. Many of the companies on its market are tied to the Chinese government which owns a controlling interest in many firms.
We used data from the World Federation of Exchanges to sift out the biggest exchanges in the world. Since several exchanges are also publicly listed stocks themselves, the market capitalization used is for all the companies listed on the exchanges instead of the value of the exchange’s own publicly traded stock. Additionally, while the Bombay Stock Exchange is one of the largest exchanges in India, no reliable data for its market value is available so it has been omitted. The Honk Kong Stock Exchange (SEHK) is located in Hong Kong and is the world’s 7th largest stock exchange on the basis of market capitalization. It consists of 2,236 listed companies with a wholesome market capitalization of US$ 4.19 trillion as of May 2023. It was established on May 17, 1792, and consists of 2,400 listed companies.
Exchange Centers of Europe
Investors know the NYSE as a home for the world’s most important blue chip stocks. Massive companies like Walmart, Berkshire Hathaway, Exxon Mobil, and Coca-Cola are listed on the exchange along with roughly 2,400 other companies, and together they add up to an astounding $20 trillion in value. For instance, eight of the 25 stocks on this list belong to the telecommunications industry. Like WorldCom, many of these companies also engaged in accounting fraud to inflate their financial results. Among publicly-listed U.S. companies, the 25 worst stocks have lost shareholders a collective $1.2 trillion since 1926.
The NASDAQ Nordic Exchange
It is expected that generative AI and information and communications technology will account for 14% of global emissions by 2024, research shows. This article is written by a GO Markets Analyst and is based on their independent analysis. They remain fully responsible for the views expressed as well as any remaining error or omissions.
First off on the list is Asia’s oldest stock exchange, the BSE, formerly known as the Bombay Stock Exchange. It boasts a market capitalization of $1.51 trillion and is the 10th largest stock exchange in the world. It was founded in 1875 by Premchand Roychand and is nowadays synonymous with Dalal Street, meaning Broker’s Street. Almost every country in the world has a stock exchange with some countries having multiple exchanges.
Additionally, we collaborate with third-party databases to ensure comprehensive and accurate data. Located at Taipei, Taiwan, the Taiwan Stock Exchange Corporation (TWSE) was founded on the 23rd of October 1961 but started stock exchange operations on the 9th of February 1962. It aims to provide the most cost-efficient market in Asia, and it is regulated by the Financial Supervisory Commission of Taiwan. The Bombay Stock Exchange (BSE) is located at Dalal Street, in the Indian commercial city of Mumbai. Established on the 9th of July 1875, as the Native Share and Stock Brokers Association, the BSE is the oldest stock exchange in Asia.
Notable exchanges that are south of the equator include the Australian Securities Exchange, the Indonesia Stock Exchange, the Johannesburg Stock Exchange and the Brazilian BM&F Bovespa. Established in 2006 after the integration of the Sydney Futures Exchange and the Australian Stock Exchange, the ASX has its headquarters in Sydney and is owned by a public company in Australia. By opting for more sustainable modes of transport, such as cycling, walking, or public transportation, you can significantly reduce your carbon footprint. In this graphic, sponsored by Carbon Streaming Corporation, we will explore how the choices we make and the products we use have a profound impact on our carbon footprint.