Stock exchanges are where buyers and sellers transact business for marketable securities. Here's a look at world's 10 largest stock exchanges based on market capitalization, according to World Federation of Exchanges in 2013.
No 1 New York Stock Exchange
NYSE is the premier listing venue for the world’s leading large- and medium-sized companies. Operated by NYSE Euronext, the holding company created by the combination of NYSE Group, Inc. and Euronext N.V., NYSE offers a broad and growin array of financial products and services in cash equities, futures, options, exchange-traded products (ETPs), bonds, market data, and commercial technology solutions.
At the end of December 2013, the market capitalization of New York Stock Exchange was $17,949.88 billion. With many Chinese companies deciding to list on the NYSE, it is a well-known bourse in China. The exchange offers many kinds of financial products and services, including cash equities, futures, options, exchange-traded products, bonds, market data, and commercial technology solutions.
At the end of December 2013, the market capitalization of New York Stock Exchange was $17,949.88 billion. With many Chinese companies deciding to list on the NYSE, it is a well-known bourse in China. The exchange offers many kinds of financial products and services, including cash equities, futures, options, exchange-traded products, bonds, market data, and commercial technology solutions.
No 2 Nasdaq OMX
Its market capitalization reached $6,084.97 billion in 2013.The exchange is owned by NASDAQ OMX Group which also owns and operates 24 markets, 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed invome, derivatives, commodities, futures and structured products. Nasdaq OMX operates 24 markets, three clearinghouses and five central securities depositories. Nasdaq trades in equities, options, fixed income, derivatives, commodities, futures and structured products, etc.
No 3 Japan Exchange Group
Japan Exchange Group comprises Tokyo Stock Exchange and Osaka Securities Exchange. The group's market capitalization was $4,543.17 billion in 2013. The exchanges are separated into different sections. First Section is where large companies trade, the Second Section where mid-sized companies do business, and the Mothers section where high growth startup companies carry out transactions.
The main indices tracking Tokyo Stock Exchange are the Nikkei 225 index of companies selected by the Nihon Keizai Shimbun, the TOPIX index based on the share prices of First Section companies, and the J30 index of large industrial companies. 94 domestic and 10 foreign securities companies participate in TSE trading. The London Stock Exchange and the Tokyo Stock Exchange are developing jointly traded products and share technology.
The main indices tracking Tokyo Stock Exchange are the Nikkei 225 index of companies selected by the Nihon Keizai Shimbun, the TOPIX index based on the share prices of First Section companies, and the J30 index of large industrial companies. 94 domestic and 10 foreign securities companies participate in TSE trading. The London Stock Exchange and the Tokyo Stock Exchange are developing jointly traded products and share technology.
No 4 London Stock Exchange Group
London Stock Exchange's market capitalization was $4,428.98 billion in 2013. London Stock Exchange, which was founded in 1801, is the oldest stock exchange in the world. London Stock Exchange Group comprises London Stock Exchange and Borsa Italiana.
The Exchange was founded in 1801 and its current premises are situated in Paternoster Square close to St Paul’s Cathedral. It is the most international of all the world’s stock exchanges, with around 3,000 companies from over 70 countries admitted to trading on its markets. The London Stock Exchange runs several markets for listing, giving an opportunity for different sized companies to list. For the biggest companies exists the Premium Listed Main Market, while in terms of smaller SME’s the Stock Exchange operates the Alternative Investment Market and for international companies that fall outside the EU, it operates the Depository Receipt scheme as a way of listing and raising capital.
Its market capitalization reached $3,583.9 billion in 2013. The stock exchange combines Euronext Amsterdam, Euronext Brussels, Euronext Lisbon and Euronext Paris, which is a major stock exchange in Europe.
No 6 Hong Kong Stock Exchange
Hong Kong Stock Exchange (SEHK), which includes Growth Enterprise Market, achieved $3,100.78 billion in market capitalization in 2013. SEHK is the sixth-largest stock exchange in the world and the third-largest in Asia.
No 7 Shanghai Stock Exchange
Market capitalization of Shanghai Stock Exchange was 2,496.99 in 2013. Although not entirely open to foreign investors, it is an independently operating stock exchange in China. Three main categories of securities include stocks, bonds, and funds.
It is one of the two stock exchanges operating independently in the People’s Republic of China. Unlike the Hong Kong Stock Exchange, the SSE is not entirely open to foreign investors. The main reason is tight capital account controls by Chinese authorities. The securities listed at the SSE include the three main categories of stocks, bonds, and funds. Bonds traded on SSE include treasury bonds, corporate bonds, and convertible corporate bonds.
No 8 Toronto Stock Exchange
Market capitalization of Toronto Stock Exchange, including TSX Venture, was $2,113.82 billion. It is the main market for trading in various stocks, including mining and oil & gas sector to trade securities. The trading includes conventional securities, exchange-traded funds, split share corporations, income trusts and investment funds.
It is the largest stock exchange in Canada and the third largest in North America. Toronto Stock Exchange is owned by and operated as a subsidiary of the TMX Group for the trading of senior equities. A broad range of businesses from Canada, the United States, Europe, and other countries are represented on the exchange. The exchange lists conventional securities, exchange-traded funds, split share corporations, income trusts and investment funds.
No 9 Germany (Deutsche Borse)
Its market capitalization was $1,936.11 billion in 2013. Deutsche Börse is one of the world’s leading exchange organisations providing investors, financial institutions and companies access to global capital markets. The exchange covers the entire process chain from securities and derivatives trading, clearing, settlement and custody, through to market data and the development and operation of electronic trading system.
No 10 Switzerland (SWX Swiss Stock Exchange)
Its market capitalization was $1,540 billion in 2013.
Source: http://www.chinadaily.com.cn/business/
http://www.world-stock-exchanges.net/top10.html
http://www.world-stock-exchanges.net/top10.html
