Initially, a company makes public offering and raise capital from potential investors. These investors invest their hard earned money into companies with so many expectations. If later on, any of these investors wants to exit from the investments then he has to find a potential investor on his own and bargain with him for a price.
To facilitate this, stock exchange concept has emerged. In this article we will let you know what is stock exchange and what are the major stock exchanges we have in world.
Stock Exchange is a place where each and every company goes public have to be listed and trade their shares. Stock Exchange allow investors to exit at any point of time that they want by selling it in market.
Stock exchange is formed for trading shares or derivatives at an agreed price. It’s one of the most important sources for companies to raise money. Here are the major stock exchanges of the world that we have listed for your reference;
||Located In||About the stock Exchange|
|New York Sock Exchange||New York City||NYSE merged with Archipelago Holdings on March 7, 2006, forming NYSE Group, Inc. On April 4, 2007, NYSE Group, Inc. merged with Euronext N.V. to form the first global equities exchange.|
|NASDAQ||New York City||It owns and operates the NASDAQ stock market and eight European stock exchanges in the Nordic and Baltic regions and Armenia under the NASDAQ OMX banner.|
|Tokyo Stock Exchange||Tokyo||It is located in Tokyo, Japan and the third largest stock exchange in the world by aggregate market capitalization of its listed companies.|
|London Stock Exchange||London||Located in the City of London in the United Kingdom. The Exchange was founded in 1801 and its current premises are situated in Paternoster Square close to St Paul’s Cathedral in the City of London. It’s the fourth largest stock exchange of the world.|
|Hong Kong Stock Exchange||Hong Kong||It’s the Asia’s second largest stock exchange in terms of market capitalization behind Tokyo and the fifth largest in the world.|
|Shanghai Stock Exchange||Shanghai||Based in the city of Shanghai, China it’s the world’s 6th largest stock market by market capitalization.|
|TMX Group||Toronto||TMX Group is headquartered in Toronto and operates offices across Canada (Montreal, Calgary and Vancouver), in key U.S. markets (New York, Houston, Boston and Chicago) as well as in London, Beijing and Sydney. Its world’s 7th largest stock market.|
|Deutsche Börse||Frankfurt||It is a joint stock company and was founded in 1993. The headquarters are in Frankfurt, Germany|
|Australian Securities Exchange||Sydney||It was created by the merger of the Australian Stock Exchange and the Sydney Futures Exchange in July 2006.|
|BSE||Mumbai||Commonly referred to as the BSE located in Dalal Street, Mumbai, t is the 10th largest stock exchange in the world by market capitalization.|