People who invest in the stock market may be familiar with NSE and BSE. and you may hear about some other stock exchanges like SHANGHAI, NASDAQ, etc. as an investor, and a stock market enthusiast we all must know about other important stock exchanges in the world. in this post, we are going to discuss some of the other largest stock exchanges that you may not familiar with. we will discuss the Worlds Largest stock exchanges
What is a stock exchange?
A stock exchange is a place where trading of securities, derivatives, commodities, and other financial equipment is happening. here buyers and sellers are buying and selling their stocks/financial instruments each other according to the rules and regulations of the exchange. moreover, A stock market plays an important role in every nation`s financial backbone. every country treats its stock exchanges as a benchmark of their economy. so as an investor and a stock market enthusiast we all must know about the world’s largest stock exchanges.
here is the list of 10 largest stock exchanges in the world
Also read: The Indian Stock exchanges
- New York Stock Exchange
- Tokyo Stock Exchange
- Shanghai Stock Exchange
- London Stock Exchange
- Hong Kong Stock Exchange
- Shenzen Stock Exchange
- Toronto Stock Exchange
- Bombay Stock Exchange
New York Stock Exchange
The New York Stock Exchange (NYSE) is first on the list of the largest stock exchange in the world. location of the NYSE is in New York City. It is establish on May 17, 1792, and consists of 2,400 listed companies. It is the worlds largest stock exchanges and has a market capitalization of US$ 30.1 trillion.
Back to the back of mergers has aided the New York Stock Exchange to gain its colossal size and global footprint. The blue-chip companies under NYSE are Berkshire Hathaway Inc, Coca-Cola, Walt Disney Company, Mc Donald’s Corporation, etc.
Nasdaq is the second-largest stock exchange in the world which was primarily an abbreviation and stage for the National Association of Securities Dealers Automated Quotations. It is an American stock exchange whose headquarter is in New York City.
Nasdaq exchange commenced its business on February 8, 1971, and is sight as the world’s first electronically traded stock market. It has a combined market capitalization of $10.8 trillion and is rank second in the list of largest stock exchanges. It consists of more than 3,000 stocks listed under it and comprises of the world’s humongous tech giants such as Apple, Microsoft, Google, Facebook, Amazon, Tesla, and Intel.
Tokyo Stock Exchange
The Tokyo Stock Exchange (TSE) located in Tokyo, Japan was validated on May 15, 1878. also, it is the third-largest stock exchange in the world.
TSE has close to 3,500 listed companies with a syndicated market capitalization surpassing the US$ 5.67 trillion. The TSE’s metric indicator is Nikkei 225 and it is home to some of the voluminous Japanese giants with international exposure, including Toyota, Suzuki, Honda, Mitsubishi, Sony, etc.
Shanghai Stock Exchange
The Shanghai Stock Exchange (SSE) is located in the city of Shanghai, China, and it is one of the two stock exchanges plying autonomously in the People’s Republic of China. Although its foundation traces back to 1866, it was adjourn after the Chinese Revolution in 1949. However, The Shanghai Exchange in its contemporary outlook was laid down in 1990.
Currently, Shanghai SSE is the world’s fourth-largest stock exchange with a combined market capitalization f US$ 5.01 trillion. The most interesting fact is that the absolute market cap of the SSE is constructed out of formerly state-run insurance companies and commercial banks.
London Stock Exchange
The London Stock Exchange (LSE) is based in London and is the sixth-largest stock exchange in the world. It was established in 1571 and is the oldest stock exchange in the world. It has more than 3,000 listed companies with a combined market capitalization of $4.59 trillion.
LSE is also the maiden source of benchmark prices, equity-market liquidity, and market data in Europe. Some of the massive companies listed under the LSE are Barclays, British Petroleum, and GlaxoSmithKline.
The EURONEXT is an acronym for European New Exchange Technology and has its corporate address at La Défense in Greater Paris. EURONEXT was established in 2000 by the consolidation of the exchanges in Amsterdam, Paris, and Brussels.
Over the years, it amalgamated with multiple exchanges, most particularly the New York Stock Exchange. It steers financial markets in Amsterdam, London, Brussels, Lisbon, Oslo, Dublin, and Paris. EURONEXT has around 1,500 listed companies leading to a market capitalization worth €4.1 trillion.
Hong Kong Stock Exchange
The Hong Kong Stock Exchange (SEHK) is located in Hong Kong and is the world’s fifth-largest stock exchange on the basis of market capitalization. It consists of 2,315 listed companies with a wholesome market capitalization of HK$29.9 trillion.
Its origin can be trace back to the mid-1800s and since then it has gone through a series of mergers and agglomeration with other exchanges. Some of the gigantic and eminent companies listed under the Hong Kong Stock Exchange are China Mobile, and HSBC Holdings & Petro China.
Shenzen Stock Exchange
The Shenzhen Stock Exchange (SZSE) is located in the city of Shenzhen, China, and was founded on December 1, 1990. It is the 8th largest stock exchange in the world and has approximately 1,300 listed companies with a combined market capitalization of $3.92 trillion.
Most of the companies under this SZSE are corporate firms of companies in which the Government Of China has a controlling interest. The Shenzhen Stock Exchange had introduced the “ChiNext Board” in 2009 comprising of high-tech & high-growth startups, quite similar to Nasdaq.
Toronto Stock Exchange
The Toronto Stock Exchange (TSX) is situated in Toronto, Canada. It was introduced in 1852 and is held and wielded as a subsidiary of the TMX Group. It is the ninth-largest exchange in the world and has 2,207 listed companies with a combined market capitalization of $2.3 trillion.
The financial instruments include equities, investment trusts, exchange-traded funds, bonds, commodities, futures, options, and other products. It also to be noted that mining and oil and gas companies are listed in more numbers under the Toronto Stock Exchange compared to other stock exchanges around the world.
Bombay Stock Exchange
The Bombay Stock Exchange (BSE) is an Indian stock exchange located at the high-wheeled Dalal Street in Mumbai. It was established in 1875 and is Asia’s first-ever stock exchange. in addition, It is also the world’s 10th largest stock exchange with a total market capitalization of more than $2.2 trillion.
The BSE has approximately 5,000 listed companies. also, the BSE’s benchmark is measuring by the Sensex which nearly covers all the sectors of the Indian economy.
Stock exchanges plays important role in the economy of the country. we are familiar with the Indian stock exchanges, but many of us are not aware of global exchanges. as an investor, we should know about global markets and it is important to know Worlds Largest stock exchanges. on many occasions, we have seen that global stock exchange performance reflected in the Indian stock exchange too. so it is always good to stay connected with the global market. in this post, we discussed the Worlds Largest stock exchanges. I hope this post helped you to know the basics of global stock exchanges.