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FINANCE

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Largest Stock Exchanges

This list features the largest stock exchanges in the world by market capitalisation - the total value of a company's shares of stock.

RANK

STOCK EXCHANGE

MARKET CAP

COUNTRY

1

New York Stock Exchange

$25.00 trillion

United States

2

NASDAQ

$21.70 trillion

United States

3

Euronext

$7.20 trillion

Europe

4

Shanghai Stock Exchange

$6.70 trillion

China

5

Tokyo Stock Exchange

$5.90 trillion

Japan

6

Shenzhen Stock Exchange

$4.50 trillion

China

7

Hong Kong Exchanges

$4.20 trillion

China

8

National Stock Exchange

$3.50 trillion

India

9

London Stock Exchange

$3.40 trillion

United Kingdom

10

Saudi Exchange

$3.10 trillion

Saudi Arabia


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References

Statista. (2024). 'Leading stock exchange operators by market cap 2024'. Statista. Available at: https://www.statista.com/statistics/270126/largest-stock-exchange-operators-by-market-capitalization-of-listed-companies/ (Accessed 1 December 2025). IG. (2018). 'Largest Stock Exchanges in the World by Market Cap'. IG. Available at: https://www.ig.com/uk/trading-strategies/what-are-the-largest-stock-exchanges-in-the-world--180905 (Accessed 1 December 2025).
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