Today, more than 200 organizations on the planet are proudly called the “stock exchange”. However, only about a dozen exchanges can boast that they are a welcome platform on which issuers willingly place their securities.
In today's Top 6 collected the largest stock exchanges in the world. The results of trading at these sites are indicators of the state of the economy, based on which such famous stock indices as the Dow Jones, NASDAQ 100, SSE Composite, NYSE Composite and others are calculated.
6. NASDAQ
In the late 1970s, the automated quote system created by the American Association of Securities Traders turned into a full-fledged stock exchange. Today, the 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, the exchange listing has about 4400 companies.
5. Hong Kong Stock Exchange
The exchange was established in 1891. Today, papers of more than 1,500 issuers are presented here. Among Russian companies, Rusal was the first to enter the Hong Kong Stock Exchange in January 2010. The successful experience of the Rusal IPO attracted the close attention of Russian businessmen to this exchange. The capitalization of the Hong Kong Stock Exchange is $ 23.9 billion.
4. Shanghai Stock Exchange
China's largest trading platform is one of the leaders in the Asian stock market. The exchange was established in 1990 and is a non-profit organization, managed by a special securities commission of the PRC. The main index calculated based on the results of the auction is SSE Composite, which reflects the status of all companies listed on the exchange.
3. The London Stock Exchange
Of the 22 exchanges operating in the UK, it is LSE that 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 exchange trades. The LSE accounts for 50% of global international securities trading. The most influential index calculated on the basis of trading on the exchange is FTSE 100.
2. Tokyo Stock Exchange
One of the oldest exchanges was founded in 1878. In terms of capitalization, the Tokyo site is the second in the world after the NYSE. Such large Asian companies as Toyota, Mazda, Sony place their securities here. In total, the listing of the exchange lists about 2500 Japanese and foreign companies. 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 exchanges, it is NYSE that is the largest not only in the United States, but throughout the world. The Dow Jones Index, as well as the NYSE Composite Index, are calculated based on traded stocks. The history of the exchange began in 1792. Today, more than 3 thousand companies from around the world are quoted on the NYSE. To get listed on the exchange, you must have an annual income of at least $ 2.7 million.