Today more than 200 organizations on the planet bear the proud name "stock exchange". However, only about a dozen exchanges can boast of being a coveted platform on which issuers willingly place their securities.
Today's Top 6 contains the largest stock exchanges in the world... The results of trading on these sites are indicators of the state of the economy, based on which such famous stock indices as Dow Jones, NASDAQ 100, SSE Composite, NYSE Composite and others are calculated.
6. NASDAQ
In the late 1970s, an automated quotation system created by the American Association of Securities Dealers evolved into a full-fledged stock exchange. Today NASDAQ is a significant competitor to the New York Stock Exchange. It is on the NASDAQ that securities of such issuers as Microsoft, Intel, Apple and Google are traded. A distinctive feature of NASDAQ is its specialization in working with companies in the IT sector. To date, there are about 4,400 companies listed on the exchange.
5. Hong Kong Stock Exchange
The exchange was established in 1891. Today, securities of more than 1,500 issuers are presented here. Rusal was the first Russian company to enter the Hong Kong stock exchange in January 2010. Rusal's successful IPO experience has drawn close attention of Russian businessmen to this exchange. The capitalization of the Hong Kong Stock Exchange is $ 23.9 billion.
4. Shanghai Stock Exchange
The largest trading floor in China is one of the leaders in the Asian stock market. The exchange was established in 1990 and is a non-profit organization managed by the Special Commission on Securities of the PRC. The main index calculated on the basis of trading is the SSE Composite, which reflects the state of all companies listed on the exchange.
3. London Stock Exchange
Of the 22 exchanges operating in the UK, the LSE is an important player in the international arena. By the way, the London Stock Exchange is a joint-stock company that sells its own securities at the stock exchange. The LSE accounts for 50% of global international securities trading. The most influential index calculated on the basis of trading on the exchange is the FTSE 100.
2. Tokyo Stock Exchange
One of the oldest exchanges was founded in 1878. In terms of capitalization, the Tokyo platform is the second in the world after the NYSE. Such large Asian companies as Toyota, Mazda, Sony place their securities here. In total, there are about 2,500 Japanese and foreign companies listed on the exchange. The main indicators of the state of affairs on the Tokyo Stock Exchange are the NIKKEI and TOPIX indices.
1. New York Stock Exchange
Of the 13 American stock exchanges, it is NYSE that is the largest not only in the United States, but throughout the world. The Dow Jones Index and the NYSE Composite Index are calculated based on the indicators of shares traded on the stock exchange. The history of the exchange began in 1792. Today, the NYSE lists shares of more than 3 thousand companies from all over the world. To be listed on the exchange, you must have an annual income of at least $ 2.7 million.