Largest Stock Exchange in the World 2024

The largest stock exchange in the world, the New York Stock Exchange (NYSE), stands as a pillar of global finance with a market capitalization of $28.

Largest Stock Exchange in the World

The largest stock exchange in the world, the New York Stock Exchange (NYSE), stands as a pillar of global finance with a market capitalization of $28.42 trillion as of 2024.

Situated in New York City, USA, the largest stock exchange in the world hosts some of the most influential companies, including Apple, Microsoft, and Johnson & Johnson. Founded in 1792, it has grown to become a symbol of financial stability and economic power. 

The NYSE operates several key indices, such as the NYSE Composite and NYSE US 100, which track the performance of its listed companies. Renowned for its hybrid trading platform that combines electronic and floor-based trading, the largest stock exchange in the world ensures efficient and transparent transactions. 

Its significant influence extends beyond the United States, impacting global markets and serving as a benchmark for other stock exchanges. The NYSE continues to innovate and lead in the financial world, maintaining its status as the largest stock exchange in the world.

Largest Stock Exchange in the World - New York Stock Exchange (NYSE)

The New York Stock Exchange (NYSE) is the largest stock exchange in the world by market capitalization, standing at $28.42 trillion as of 2024. Located in New York City, USA, the NYSE is an icon of the financial world, known for its significant influence on global markets and its role in listing some of the world's largest and most prestigious companies​.

History

Founded in 1792, the NYSE has a long and storied history, originating with the signing of the Buttonwood Agreement by 24 stockbrokers and merchants. Over the centuries, it has grown and evolved, becoming a cornerstone of the American financial system and a symbol of economic power and stability.

Key Indices

The NYSE operates several key indices that track the performance of its listed companies:

• NYSE Composite Index: Includes all common stocks listed on the NYSE.
• NYSE US 100 Index: Tracks the largest 100 U.S.-based companies listed on the NYSE.
• NYSE International 100 Index: Includes the largest 100 non-U.S.-based companies listed on the NYSE​ (NYSE)​.

Major Listed Companies

The NYSE lists many of the world's largest and most influential companies across various industries. Some of its major listed companies include:

• Apple Inc.
• Microsoft Corp.
• Johnson & Johnson
• JPMorgan Chase & Co.
• Exxon Mobil Corp.

Trading Platform

The NYSE is renowned for its hybrid trading platform, which combines both electronic and floor-based trading. This system allows for efficient and transparent trading, with designated market makers (DMMs) playing a key role in maintaining fair and orderly markets.

Recent Developments

In recent years, the NYSE has continued to grow and innovate, welcoming new listings and adapting to technological advancements. It has also been a leader in sustainability initiatives, hosting annual summits to address global issues and promote responsible business practices​.

Global Influence

The NYSE's impact extends beyond the United States, influencing global markets and economies. It serves as a benchmark for other stock exchanges and remains a preferred choice for companies seeking to go public due to its rigorous listing standards and prestige.

The New York Stock Exchange remains the largest and most influential stock exchange in the world, playing a vital role in global finance. With its extensive history, key indices, and a diverse range of listed companies, the NYSE continues to set standards for market transparency, efficiency, and stability.

Top 10 Largest Stock Exchanges in the World

Stock exchanges are essential for the global financial system, offering a platform for companies to raise capital and investors to trade shares. Here’s an expanded look at the top 10 largest stock exchanges in the world based on market capitalization as of 2024, including their key indices.

1. New York Stock Exchange (NYSE)

   • Location: New York City, USA
   • Market Capitalization: $28.42 trillion
   • Key Indices: NYSE Composite, NYSE US 100 Index, and NYSE International 100 Index
   • Overview: The NYSE is the largest stock exchange globally, known for hosting major corporations such as Apple, Microsoft, and Johnson & Johnson. With stringent listing requirements, it is a symbol of financial stability and prestige.

2. NASDAQ

   • Location: New York City, USA
   • Market Capitalization: $25.43 trillion
   • Key Indices: NASDAQ Composite, NASDAQ-100, and NASDAQ Biotechnology Index
   • Overview: Renowned for its electronic trading platform, NASDAQ is home to tech giants like Google, Amazon, and Tesla. It has been instrumental in revolutionizing the trading process with a focus on technology and growth-oriented companies.

3. Shanghai Stock Exchange (SSE)

   • Location: Shanghai, China
   • Market Capitalization: $6.87 trillion
   • Key Indices: SSE Composite, SSE 50, and SSE 180
   • Overview: The SSE, the largest stock exchange in Asia, lists major Chinese companies such as PetroChina and the Industrial and Commercial Bank of China. It offers shares in two categories: Class 'A' for domestic investors and Class 'B' for foreign investors​.

4. Euronext

   • Location: Pan-European (Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo, and Paris)
   • Market Capitalization: $7.22 trillion
   • Key Indices: Euronext 100, AEX Index (Amsterdam), and CAC 40 (Paris)
   • Overview: Euronext is the largest stock exchange in Europe, formed by merging several national exchanges. It provides a wide range of financial products and services across its markets.

5. Japan Exchange Group (JPX)

   • Location: Tokyo, Japan
   • Market Capitalization: $6.66 trillion
   • Key Indices: Nikkei 225, TOPIX (Tokyo Stock Price Index), and JPX-Nikkei Index 400
   • Overview: JPX operates the Tokyo Stock Exchange and Osaka Securities Exchange. It hosts Japan’s largest companies like Toyota and Sony, playing a crucial role in the Asian financial markets.

6. Hong Kong Stock Exchange (HKEX)

   • Location: Hong Kong
   • Market Capitalization: $5.82 trillion
   • Key Indices: Hang Seng Index, Hang Seng China Enterprises Index, and Hang Seng TECH Index
   • Overview: HKEX serves as a gateway for international investors to access Chinese companies. It lists major Chinese tech firms such as Tencent and Alibaba, making it a vital financial hub.

7. Shenzhen Stock Exchange (SZSE)

   • Location: Shenzhen, China
   • Market Capitalization: $5.74 trillion
   • Key Indices: SZSE Component Index, ChiNext Index, and SZSE 300 Index
   • Overview: SZSE focuses on high-growth, innovative companies and startups in China, complementing the Shanghai Stock Exchange in representing the Chinese financial market​.

8. London Stock Exchange (LSE)

   • Location: London, UK
   • Market Capitalization: $4.34 trillion
   • Key Indices: FTSE 100, FTSE 250, and FTSE All-Share Index
   • Overview: One of the oldest stock exchanges, the LSE remains a leading global exchange, listing companies from around the world and serving as a primary international capital market hub.

9. National Stock Exchange of India (NSE)

   • Location: Mumbai, India
   • Market Capitalization: $4.65 trillion
   • Key Indices: Nifty 50, Nifty Next 50, and Nifty 500
   • Overview: The NSE is India’s largest stock exchange, known for its sophisticated electronic trading system. It plays a pivotal role in the Indian economy, listing major companies like Reliance Industries and Tata Consultancy Services​.

10. Toronto Stock Exchange (TSX)

    • Location: Toronto, Canada
    • Market Capitalization: $3.35 trillion
    • Key Indices: S&P/TSX Composite Index, S&P/TSX 60, and TSX Venture Composite Index
    • Overview: TSX is the largest stock exchange in Canada and is known for its strong presence in the mining, oil, and gas sectors.

These exchanges are essential pillars of their respective economies, providing platforms for capital formation and investment opportunities on a global scale. Investing in stocks listed on these exchanges allows investors to participate in the growth of some of the world’s largest and most successful companies.