Central BanksRegulatory AgenciesInvestment ResearchGlobal Finance Glossary - Blog

The GlobEx Markets logo
Bull image on top of quote sheets

The Major Global Stock Markets and Exchanges

By Michael J Defosse - December 01, 2017

Opportunities for global investing can be discovered on many trading platforms. There are 60 major stock markets and exchanges throughout the world and their range of size is quite surprising.

At the high end of the spectrum is the widely recognized New York Stock Exchange (NYSE), representing $18.5 trillion in market capitalization, or about 27% of the total market for global equities.

At the lower end? Stock exchanges on the tiny islands of Malta, Cyprus and Bermuda all range from just $1 billion to $4 billion in value. Even added together, these three exchanges make up just 0.01% of total market capitalization but regardless of size, they offer global investment choices.

The Trillion Dollar Club

There are 16 exchanges that are a part of the “$1 Trillion Dollar Club” with more than $1 trillion in market capitalization. This elite group, with familiar names such as the New York Stock Exchange (NYSE), Nasdaq, London Stock Exchange (LSE), Deutsche Borse, TMX Group and the Japan Exchange Group, comprise 87% of the world’s total value of equities.

Added together, the 44 names outside of this aforementioned groups combine for just $9 trillion, or 13%, of the world’s total market capitalization.

Northern Dominance

From a geographical perspective, it is the Northern Hemisphere that is dominant. North America and Europe both hold 40.6% and 19.5% respectively of the world’s stock markets, and the vast majority of Asia’s 33.3% lies north of the equator in places like Shenzhen, Hong Kong, Tokyo and Shanghai.

Notable stock markets and exchanges that are south of the equator include the Australian Securities Exchange, the Indonesia Stock Exchange, the Johannesburg Stock Exchange and the Brazilian BM&F Bovespa.

The Best Stock Markets and Exchanges

If you are looking for the best stock exchanges to trade on, you have a wide variety of choice for strong investment opportunities. So whether you search Wall Street or Main Street, investing internationally has many benefits.

Lastly, it is important to remember that the best performing stock market and exchange in 2016, which was the Caracas Stock Exchange with a gain of 114%, was not be the best in 2017. Knowledge is power and the GlobEx Markets founding principle is Knowledge, Access and Opportunity.

Notes on Data

Data based upon the World Federation of Exchanges monthly report from November 2015.

  • Wall Street Journal
  • Financial Times
  • Bloomberg
  • Nikkei Asian Review
  • Reuters