Biggest Stock Exchange in the World 2024, List of Top-10

The global financial landscape is marked by the presence of stock exchanges, important centers where companies go public, and investors trade securities. As centers of economic power and financial activity, stock exchanges play a vital role in shaping the world economy. In this article, we discuss it in depth Top 10 largest stock exchanges globally, To discover their importance and impact on the financial sector.

What are stock exchanges?

stock exchanges Financial markets are where buyers and sellers trade stocks and other securities. These exchanges provide a platform for companies to raise capital by issuing shares to the public and investors to buy and sell these shares. Stock exchanges play a vital role in the global economy, facilitating investments, setting stock prices and contributing to overall financial market stability.

Functions of Stock Exchanges

Stock exchange performs several important functions in the financial system:

  • provides business facilities: It provides a centralized market for buying and selling securities, ensuring liquidity and fair pricing.
  • capital formation: Companies raise capital by issuing stock to the public through initial public offerings (IPOs), thereby promoting economic growth.
  • market information: Serves as a source of real-time information on stock prices, helping investors make informed decisions.
  • price discovery: Through continuous trading of securities, stock exchanges determine fair market prices based on supply and demand.
  • risk mitigation: Provides a regulated environment with measures such as clearing and settlement systems to reduce counterparty risk in transactions.
  • corporate governance: Establishes transparency and accountability standards for listed companies, promoting good corporate governance.
  • investor protection:Enforces rules and safeguards to protect investors from fraudulent activities and ensure market integrity.
  • benchmarking index: Stock exchanges create market indices, such as the S&P 500, which provide benchmarks to measure overall market performance.
  • liquidity enhancement: Facilitates the buying and selling of securities, ensuring a liquid market that benefits both investors and companies.
  • diversification of investments: Offers a diverse range of securities, allowing investors to build portfolios tailored to their risk tolerance and investment goals.

World’s largest stock exchange 2024

New York Stock Exchange (NYSE).), Is located at 11 Wall Street, New York City, continues to rule as World’s largest stock exchange in 2024, claim a dominant market Capitalization of $26.2 trillion and hosting more than 2400 companiesThe NYSE holds an important position in global finance, including renowned blue-chip institutions spanning various sectors. Established in 1792Its historical importance is matched by its substantial average trading volume 2 to 6 billion shares, The influence of the NYSE extends globally, affecting various stock market indices, such as notable indices DJIA, S&P 500, and NASDAQ Overall reflects its wide reach.

Top 10 largest stock exchanges in the world by January 2024

New York Stock Exchange of the United Stateswith Market capitalization of $26.2 trillionIs The world’s largest stock exchangeThis is followed by the National Association of Securities Dealers Automated Quotations (NASDAQ), the Shanghai Stock Exchange (SSE), and the European New Exchange Technology (EURONEXT).

Here is the list of top 10 largest stock exchanges in the world as of January 2024:

The largest stock exchange in the world 2024
Post Share Market Country Establishment Market capitalization
1. New York Stock Exchange (NYSE) usa 1792 $26.2 trillion
2. National Association of Securities Dealers Automated Quotations (NASDAQ) usa 1971 $28.28 billion
3. Shanghai Stock Exchange (SSE) China 1866 $6.87 trillion
4. European New Exchange Technology (Euronext) Europe 2000 $6.65 trillion
5. Hong Kong Stock Exchange (HKEX) hong kong 1891 $4.1 trillion
6. Tokyo Stock Exchange (TSE) Japan 1898 $5.67 trillion
7. Shenzhen Stock Exchange (SZSE) China 1990 $4.38 trillion
8. London Stock Exchange (LSE) United Kingdom 1801 $4.13 trillion
9. Toronto Stock Exchange (TSX) Canada 1861 $3.1 trillion
10. Bombay Stock Exchange (BSE) India 1875 $3.59 trillion

World’s largest stock exchange – New York Stock Exchange (NYSE)

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Country: USA

Established: 1792

Market capitalization: $26.2 trillion

New York Stock Exchange (NYSE).) stands as The world’s largest stock exchangesituated at 11 Wall Street, New York City. with a wobble Market capitalization of $26.2 trillion And More than 2400 listed companies, Major blue-chip institutions, including the NYSE, Established in 1792, Has unique global impact. Average Trading Volume Claim Between 2 to 6 billion shares, It has a significant impact on the stock market indices of many countries. Major indices on the NYSE, such as the DJIA, S&P 500, and NASDAQ Composite, reflect its important role in shaping the financial landscape around the world.

The world’s second largest stock exchange – National Association of Securities Dealers Automated Quotations (NASDAQ)

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Country: USA

Established: 1971

Market capitalization: $28.28 billion

Nasdaq, Located at 151 W. 42nd Street, New York City, Has secured its position as the world’s second largest stock exchange. Leading electronic trading since then Established in 1971NASDAQ total market capture Capitalization of $28.28 billion, boasts of over 3000 listed companies, Focused on technology, healthcare and consumer services, it hosts industry giants such as Microsoft, Google, Facebook, Amazon, Tesla and Apple. Notably absent from the oil, gas or utility sectors, NASDAQ’s influence extends to major indices such as the NASDAQ Composite, NASDAQ 100 and NASDAQ Non-Financials.

World’s third largest stock exchange – Shanghai Stock Exchange (SSE)

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Country: China

Established: 1866

Market capitalization: $6.87 trillion

Shanghai Stock Exchange (SSE), established in 1866 and was restored in 1990 After adjournment during the Chinese revolutions, stands as Third largest stock exchange in the world and largest in Asia, Home to over 1500 public limited companies combined Market capitalization of $6.87 trillionSSE shares included Category ‘A’ for domestic investments and Category ‘B’ for both foreign and domestic investors., Key indices such as the SSE Composite, SSE 50 and SSE 180 reflect the exchange’s vast market dynamics, including leading stocks such as PetroChina, Industrial and Commercial Bank of China and Agricultural Bank of China.

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