In this piece, we will take a look at the five largest stock exchanges in the world. For more stock exchanges, head on over to 21 Largest Stock Exchanges in the World.
5. Japan Exchange Group, Inc.
Market Capitalization in billions: $5,650
Market Identifier Code (MIC): XJPX
The Japan Exchange Group, Inc. is the holding company for Japan’s three major stock exchanges, the Tokyo Stock Exchange, the Osaka Stock Exchange, and the Tokyo Commodity Exchange. It also has a clearing house and other subsidiaries. The Japan Exchange Group’s market capitalization sits at $5.6 trillion and there were 3,871 firms listed on it as of December 2022. Out of these, only six were foreign firms. Foreign companies can raise capital on the TSE by either selling Japan Depository Receipts (JDRs) or issuing foreign stocks. Most of the foreign firms listed on the index are either from the U.S. or Singapore.
4. Euronext N.V. (EPA:ENX.PA)
Market Capitalization in billions: $6,626
Market Identifier Code (MIC): XAMS, XBRU, XMSM, XLIS, XMIL, XOSL, XPAR
European New Exchange Technology, commonly called Euronext, is a pan European exchange that operates seven different listing venues. These are located in Dublin, Milan, Oslo, Brussels, Amsterdam, Paris, and Lisbon. It has eight different indexes, with seven belonging to the venues and one for the entire exchange called the Euronext 100. Its own shares are traded as Euronext N.V. (EPA:ENX.PA), and the firm is headquartered in Amsterdam, the Netherlands.
3. Shanghai Stock Exchange
Market Capitalization in billions: $7,265
Market Identifier Code (MIC): XSHG
The Shanghai Stock Exchange is China’s and Asia’s largest stock exchange. Like the Shenzhen stock exchange, all companies that are traded on this exchange are also domestic firms. The Shanghai Stock Exchange has a $7.2 trillion market capitalization with 2,174 listed firms. It was set up in 1990 and is headquartered in Shanghai. The largest companies on it are Chinese state owned firms, with one of the biggest of these being an alcoholic spirit producer.
2. National Association of Securities Dealers Automated Quotations Stock Market – Nasdaq
Market Capitalization in billions: $18,003
Market Identifier Code (MIC): XNAS
The National Association of Securities Dealers Automated Quotations Stock Market – or NASDAQ – is an American stock exchange that is one of the most popular ones in the world. A wide variety of the best known and largest companies in the world, such as Apple Inc. (NASDAQ:AAPL), Tesla, Inc. (NASDAQ:TSLA), and Microsoft Corporation (NASDAQ:MSFT) call the NASDAQ their home. In fact, the market capitalization of these firms is higher than some of the bottom ranked exchanges on our list. The exchange is owned by Nasdaq, Inc. (NASDAQ:NDAQ).
1. New York Stock Exchange
Market Capitalization in billions: $22,649
Market Identifier Code (MIC): XNYS
The New York Stock Exchange is America’s largest stock exchange and one of the oldest exchanges in the world since it was set up 1792. It is owned by Intercontinental Exchange, Inc. (NYSE:ICE), and as the name suggests, is based in New York. As of December 2022, there were 1,940 domestic and 595 foreign companies that were listed on the NYSE.
Disclosure: None. You can also take a look at 15 Most Promising QQQ Stocks and Bill Gates’ Current Portfolio: 10 Dividend Stocks.
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