If you are new to the stock markets, you may ask yourself the question: “What are the different stock markets?”
There are actually 60 major stock exchanges. We won’t cover them all in this article, but we will look at a few of the biggest stock markets around the world.
Ready to get started? Let’s dive in!
New York Stock Exchange
The New York Stock Exchange, or the NYSE, is one of the largest exchanges in the world. It currently trades in the US and Europe.
The NYSE, founded in 1792, is an auction-based exchange, which means that it pairs up the buyer and the seller based on what the seller will accept for their shares.
This can quickly become very competitive when you take into consideration that many brokers are trying to buy a stock at the same time; the higher the demand, the higher the share.
Tokyo Stock Exchange
The Tokyo Exchange, or the TSE, is the largest in Japan and is the second-largest in the world when it comes to market capitalization. The TSE currently has over $3 trillion on its exchange, compared to the $10 trillion of the NYSE.
Established in the late 1800s, it has barely 4,000 registered companies. Some of the most well-known companies listed within the exchange are Toyota and Sony.
London Stock Exchange
Founded in 1801, the London Stock Exchange, LSE, ranks in the top 5 markets in the world. It has over $2 trillion in capitalization from the listed companies.
The LSE is known for its global exchanges, with nearly 3,000 companies listed internationally. It is currently the largest in Europe and is located in London, GB.
Others Stock Markets Worth Mentioning
The Hong Kong Stock Exchange, or the HKG, is the main stock exchange for Mainland Chinese. In 1947, the two previous stock exchanges, called the Association of Stockbrokers in Hong Kong, merged to become the market as we know it today. It lists companies such as the Commercial Bank of China and major insurance companies, such as Ping An Insurance.
The Shanghai Stock Exchange is one of the newest markets in the world. It only opened 30 years ago and has about 1,500 companies listed.
Nasdaq, an exchange marketplace based in the US, is the first electronic exchange. An Electronic Communications Network, or ECN, eliminates the need for a broker. The seller deals with the buyer directly and vice-versa.
The Philippine Stock Exchange, or PSE, was created in 1992 after merging the Manila and Makati Stock Exchange. It is one of the newer stock exchanges in the world and is the national stock exchange for the Philippines. To learn more about investing in the Philippine Stock Market, visit:monexsecurities.com.au.
What Are the Different Stock Markets: An Overview
With over 60 different stock markets, it is no wonder we often hear the question: “What are the different stock markets?” After reading this, you’ll have an idea of the noteworthy stock exchanges all around the world.
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