Graph: Largest Stock Exchanges in the World

The largest stock exchanges in the world, by total market capitalization of firms listed on the exchange, is in the chart below.

Data Source: World Federation of Exchanges

Other than the top 7 exchanges, also mentioned in an earlier post, the next tier of exchanges include the following:
viii) TMX Group - This is the group of Canadian exchanges.
ix) BM&FBOVESPA - from Brazil
x) Australian SE

In terms of average market capitalization of firms listed, other notable exchanges are the Deutsche Borse (Germany), SIX Swiss Exchange, NASDAQ OMX Nordic Exchange, Johannesburg SE and MICEX (Russia).

Data Source: World Federation of Exchanges

Many of the stock exchanges cater largely to the listing of their domestic firms. There are a few exceptions in these notable categories:

A) Major exchanges, for example: NYSE Euronext (US) [22.5% foreign firms], NASDAQ OMX [11.1%], London SE Group [20.7%], NYSE Euronext (Europe) [12.9%]

B) Regional exchanges, for example: Johannesburg SE [12.2%], Singapore Exchange [40.2%, a large proportion catering to companies from China], Mexican Exchange [73.1%]

Data Source: World Federation of Exchanges

Check out a description of the top 14 stock exchanges here.


Data Source: World Federation of Exchanges; Graphs: Generated by me