Published on December 3rd, 2013 | by Pete1
Top 10 international stock exchanges
According to the World Federation of Exchanges (WFE), in 2012 the global equity market capitalisation grew 15.1% to about US$55 trillion – despite the fact that the volume of transactions dropped by 22%. Want to find out more about the world’s biggest stock exchanges? Here are the ten largest stock exchanges in the world by market capitalisation in 2012.
1. New York Stock Exchange (NYSE)
Located on the world-renowned Wall Street in New York City, the New York Stock Exchange is the world’s largest stock exchange by market capitalisation, currently standing at more than US$14,000 billion, up from $11,796 billion in 2011. The market features more than 8000 listed issues and functions between 9.30am and 4.00pm.
2. NASDAQ OMX
Also headquartered in New York City, NASDAQ is the second largest stock exchange in the world by market capitalisation. The exchange is owned by NASDAQ OMX Group, who also maintain the same stock exchange in eight different European countries. NASDAQ’s current market capitalisation stands at US$4582 billion, up from $3845 billion in 2011. The market functions between 9.30am and 4.00pm.
3. Tokyo Stock Exchange
Headquartered in Tokyo, the Tokyo Stock Exchange is the world’s third largest stock exchange, and the largest stock exchange in Asia. It has more than 2000 listings, separated into three sections: the First Section for large companies, the Second Section for mid-size companies, and the Mothers for high growth start-ups. Market capitalisation is now at US$3479 billion, up from US$3325 billion in 2011. The market functions between 9.00am and 3.00pm.
4. London Stock Exchange
As the world’s oldest stock exchange, the London Stock Exchange is now the world’s fourth largest stock exchange. It is also the most international of all the world’s stock exchanges, with around 3,000 companies from more than 70 countries listed. It is located in Paternoster Square in London, and has a current market capitalisation of US$3397 billion, up from US$3266 billion in 2011. Trading occurs between 8.00am and 4.30pm.
5. NYSE Euronext (Europe)
Created by the merger of NYSE Group and Euronext in 2007, NYSE Euronext (Europe) is a stock exchange based in Amsterdam, Netherlands, with subsidiaries in Belgium, France, Netherlands, Portugal and the United Kingdom. It is the world’s fifth largest stock exchange, with US$2832 billion in market capitalisation, up from US$2447 billion in 2011.
6. Hong Kong Stock Exchange
Headquartered in Hong Kong, the Hong Kong Stock exchange is the world’s sixth largest stock exchange. Swapping ranking positions with the Shanghai Stock Exchange between 2011 and 2012, the Hong Kong Stock Exchange is the largest exchange in China. Market capitalisation grew from US$2258 billion in 2011 to US$2832 billion in 2012. The market functions between 9.15am and 4.00pm.
7. Shanghai Stock Exchange
Now the world’s seventh largest stock exchange by market capitalisation (US$2547 billion in 2012 and US$2357 billion in 2011), the Shanghai Stock Exchange is headquartered in Shanghai. It is the third largest stock exchange in Asia, and second largest in China. Trading occurs between 9.30am and 3.00pm.
8. Toronto Stock Exchange
Owned by and operated as a subsidiary of the TMX Group, the Toronto Stock Exchange is the largest stock exchange in Canada, the third largest in North America, and the eighth largest in the world. Market capitalisation stands at US$2059 billion in 2012, and US$1912 billion in 2011. The exchange lists conventional securities, exchange-traded funds, split share corporations, income trusts and investment funds, and functions between 9.30am and 4.00pm.
9. Deutsche Börse
Headquartered in Frankfurt, Deutsche Börse is the stock exchange of Germany. Deutsche Börse is the world’s ninth largest stock exchange, up from tenth place the previous year, with market capitalisation now at US$1486 billion, up from US$1185 billion in 2011. The exchange lists around 765 companies and functions between 8.00am and 10.00pm.
10. Australian Securities Exchange
Down from ninth place in 2011, the Australian Securities Exchange is now the world’s tenth largest stock exchange. Headquartered in Sydney, the ASX has a market capitalisation of US$1387 billion, up from US$1198 billion in 2011. Shares, futures, exchange traded options, warrants, contracts for difference, exchange-traded funds, real estate investment trusts, listed investment companies and interest rate securities can all be traded. The market functions between 9.50am and 4.12pm.
If you want to get involved in share trading – on the ASX or internationally – find an online Australian stock brokers that works for you. To get the most out of trading, research your options thoroughly, and speak to a professional if required.