List of major stock exchanges

This is a list of major stock exchanges. Those futures exchanges that also offer trading in securities besides trading in futures contracts are listed both here and in the list of futures exchanges.

There are sixteen stock exchanges in the world that have a market capitalization of over US$1 trillion each. They are sometimes referred to as the "$1 Trillion Club". These exchanges accounted for 87% of global market capitalization in 2015.^[1] Some exchanges do include companies from outside the country where the exchange is located.

Major stock exchanges

Major stock exchange groups (the current top 25 by market capitalization) of issued shares of listed companies.^[2]^{[dead link]}^[3]

Rank	Year	Stock exchange	Short name	Region	Market place	Market cap (USD bn)	Monthly trade volume (USD bn)	Time zone	Δ	DST	Open (local)	Close (local)	Lunch (local)	Open (UTC)	Close (UTC)
1	2019	New York Stock Exchange	NYSE	United States	New York City	22,923	1,452	EST/EDT	−5	Mar–Nov	09:30	16:00	No	14:30	21:00
2	2019	Nasdaq	NASDAQ	United States	New York City	10,857	1,262	EST/EDT	−5	Mar–Nov	09:30	16:00	No	14:30	21:00
3	2019	Japan Exchange Group	JPX	Japan	Tokyo Osaka	5,679	481	JST	+9		09:00	15:00	11:30–12:30	00:00	06:00
4	2019	London Stock Exchange	LSE	United Kingdom Italy	London Milan	4,590	219	GMT/BST	+0	Mar–Oct	08:00	16:30	No	08:00	16:30
5	2019	Shanghai Stock Exchange	SSE	China	Shanghai	4,026	536	CST	+8		09:30	15:00	11:30–13:00	01:30	07:00
6	2019	Hong Kong Stock Exchange	SEHK	Hong Kong	Hong Kong	3,936	182	HKT	+8		09:30	*16:00/16:08-16:10	12:00–13:00	01:30	*08:00/08:08-08:10
7	2019	Euronext		European Union European Economic Area	Amsterdam Brussels Dublin Lisbon Oslo Paris	3,927	174	CET/CEST	+1	Mar–Oct	09:00	17:30	No	08:00	16:30
8	2019	Shenzhen Stock Exchange	SZSE	China	Shenzhen	2,504	763	CST	+8		09:30	15:00	11:30–13:00	01:30	07:00
9	2019	Toronto Stock Exchange	TSX	Canada	Toronto	2,095	97	EST/EDT	−5	Mar–Nov	09:30	16:00	No	14:30	21:00
10	2019	Bombay Stock Exchange	BSE	India	Mumbai	2,056	210	IST	+5.30		09:15	15:30	No	03:45	10:00
11	2019	National Stock Exchange	NSE	India	Mumbai	2,030	196	IST	+5.30		09:15	15:30	No	03:45	10:00
12	2019	Deutsche Börse		Germany	Frankfurt	1,864	140	CET/CEST	+1	Mar–Oct	08:00 (Eurex) 08:00 (floor) 09:00 (Xetra)	22:00 (Eurex) 20:00 (floor) 17:30 (Xetra)	No	07:00	21:00
13	2019	SIX Swiss Exchange		Switzerland	Zurich	1,523	77	CET/CEST	+1	Mar–Oct	09:00	17:30	No	08:00	16:30
14	2019	Korea Exchange	KRX	South Korea	Seoul, Busan	1,463	277	KST	+9		09:00	15:30	No	00:00	06:30
15	2019	Nasdaq Nordic Exchanges				1,372	72
	2019	Copenhagen Stock Exchange	formerly CSE	Denmark	Copenhagen			CET//CEST	+1	Mar–Oct	09:00	17:00	No	8:00	16:00
	2019	Stockholm Stock Exchange		Sweden	Stockholm			CET/CEST	+1	Mar–Oct	09:00	17:30	No	8:00	16:30
	2019	Helsinki Stock Exchange	formerly OMXH	Finland	Helsinki			EET/EEST	+2	Mar–Oct	10:00	18:30	No	8:00	16:30
	2019	Tallinn Stock Exchange		Estonia	Tallinn			EET/EEST	+2	Mar–Oct	10:00	16:00	No	8:00	14:00
	2019	Riga Stock Exchange		Latvia	Riga			EET/EEST	+2	Mar–Oct	10:00	16:00	No	8:00	14:00
	2019	Vilnius Stock Exchange	VSE	Lithuania	Vilnius			EET/EEST	+2	Mar–Oct	10:00	16:00	No	8:00	14:00
	2019	Iceland Stock Exchange	ICEX	Iceland	Iceland			GMT	+0		09:30	15:30	No	9:30	15:30
	2019	Armenia Securities Exchange	AMX	Armenia	Yerevan			AMT	+4		10:00	15:00	No	7:00	11:00
16	2019	Australian Securities Exchange	ASX	Australia	Sydney	1,328		AEST/AEDT	+10	Oct–Apr	10:00	16:00	No	00:00	06:00
17	2019	Taiwan Stock Exchange	TWSE	Taiwan	Taipei	966	75	NST (Taiwan)	+8		09:00	13:30	No	01:00	05:30
18	2019	B3		Brazil	São Paulo	938	62	BRT/BRST	−3	Oct–Feb	09:00	18:00	No	12:00	21:00
19	2019	JSE		South Africa	Johannesburg	894	29	SAST	+2		09:00	17:00	No	07:00	15:00
20	2019	Bolsas y Mercados Españoles	BME	Spain	Madrid	764	36	CET/CEST	+1	Mar–Oct	9:00	17:30	No	8:00	16:30
21	2018	Singapore Exchange	SGX	Singapore	Singapore	787		SGT	+8		09:00	17:00	12:00-13:00	01:00	09:00
22	2018	Moscow Exchange	MISX / MOEX	Russia	Moscow	619		MSK	+3
23	2018	Stock Exchange of Thailand	SET	Thailand	Bangkok	549		ICT	+7		10:00	16:30	12:30-14:00	03:00	09:30
24	2020	Mexican Stock Exchange	BMV	Mexico	Mexico City	530		CST/CDT (DST MX)	–6	Apr–Oct	08:30	15:00	No	14:30	21:00
25	2018	Indonesia Stock Exchange	IDX	Indonesia	Jakarta	521

Note: "Δ" to UTC, as well as "Open (UTC)" and "Close (UTC)" columns contain valid data only for standard time in a given time zone. During daylight saving time period, the UTC times will be one hour less and Δs one hour more.
- Applicable for non-closing auction session shares only.

Commodity exchanges

Chicago Board of Trade
Chicago Mercantile Exchange
United States Mercantile Exchange
United States International Monetary Financial Futures and Options Exchange
United States Metal Exchange
New York Mercantile Exchange
United States Commodity Exchange
PEG Commodity Exchange
HAUFEX Derivatives Financial Exchange
STER CAUFEX Derivatives Financial Exchange

See full article: List of commodities exchanges

Africa

List of African stock exchanges

Americas

List of stock exchanges in the Americas

Asia

List of Asian stock exchanges

Europe

List of European stock exchanges

Oceania

List of stock exchanges in Oceania

Notes

^ "All of the World's Stock Exchanges by Size". The Money Project. Retrieved 17 April 2016.
^ "Monthly Reports – World Federation of Exchanges". WFE.
^ "World's Largest Stock Exchanges December 2017". Retrieved 20 April 2020.

External links

Official website of World Federation of Exchanges

[1] "All of the World's Stock Exchanges by Size". The Money Project. Retrieved 17 April 2016.

[2] "Monthly Reports – World Federation of Exchanges". WFE.

[3] "World's Largest Stock Exchanges December 2017". Retrieved 20 April 2020.

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v t e Financial markets
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Stock valuation	Alpha Arbitrage pricing theory (APT) Beta Buffett indicator (Cap-to-GDP) Book value (BV) Capital asset pricing model (CAPM) Capital market line (CML) Dividend discount model (DDM) Dividend yield Earnings yield EV/EBITDA Fed model Net asset value (NAV) Security characteristic line Security market line (SML) T-model
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