From Surf Wiki (app.surf) — the open knowledge base
List of major stock exchanges
none
none
This is a list of major stock exchanges. Future exchanges that also offer trading in securities besides trading in futures contracts may be listed both here and in the list of futures exchanges.
There are twenty one stock exchanges in the world that have a market capitalization of over US$1 trillion each. They are sometimes referred to as the "$1 Trillion Club". These exchanges accounted for 87% of global market capitalization in 2016. Some exchanges do include companies from outside the country where the exchange is located.
Major stock exchanges
Major stock exchange groups of issued shares of listed companies with over USD 1 trillion market capitalization as of 20 October 2025.
| Stock exchange | MIC | Region | City | Market cap | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (USD tn) | Monthly | |||||||||||||||
| trade | ||||||||||||||||
| volume | ||||||||||||||||
| (USD bn) | Time | |||||||||||||||
| zone | Δ | DST | Open hours (local time) | UTC | ||||||||||||
| (without DST) | Open | Close | Lunch | Open | Close | |||||||||||
| New York Stock Exchange | XNYS | United States | New York City | 44.7 | 2,685 | EST/EDT | −5:00 | Mar–Nov | 09:30 | 16:00 | No | 14:30 | 21:00 | |||
| Nasdaq (US) | XNAS | United States | New York City | 42.2 | 2,727 | EST/EDT | −5:00 | Mar–Nov | 09:30 | 16:00 | No | 14:30 | 21:00 | |||
| Shanghai Stock Exchange | XSHG | China | Shanghai | 8.92 | 1,906 | CST | +8:00 | 09:30 | 15:00 | 11:30–13:00 | 01:30 | 07:00 | ||||
| Japan Exchange Group | ||||||||||||||||
| (Tokyo Stock Exchange) | XJPX | |||||||||||||||
| (TYO) | Japan | Tokyo | 7.59 | 652 | JST | +9:00 | 09:00 | 15:00 | 11:30–12:30 | 00:00 | 06:00 | |||||
| Hong Kong Stock Exchange | XHKG | Hong Kong | Hong Kong | 6.17 | 762 | HKT | +8:00 | 09:30 | 16:00 | 12:00–13:00 | 01:30 | 08:00 | ||||
| Euronext | XAMS | |||||||||||||||
| XBRU | ||||||||||||||||
| XMSM | ||||||||||||||||
| XLIS | ||||||||||||||||
| XMIL | ||||||||||||||||
| XOSL | ||||||||||||||||
| XPAR | Europe | Amsterdam | ||||||||||||||
| Athens | ||||||||||||||||
| Brussels | ||||||||||||||||
| Dublin | ||||||||||||||||
| Lisbon | ||||||||||||||||
| Milan | ||||||||||||||||
| Oslo | ||||||||||||||||
| Paris | 5.61 | 186 | CET/CEST | +1:00 | Mar–Oct | 09:00 | 17:30 | No | 08:00 | 16:30 | ||||||
| Bombay Stock Exchange | XBOM | India | Mumbai | 5.25 | 501 | IST | +5:30 | 09:15 | 15:30 | No | 03:45 | 10:00 | ||||
| National Stock Exchange | XNSE | India | Mumbai | 5.32 | 294 | IST | +5:30 | 09:15 | 15:30 | No | 03:45 | 10:00 | ||||
| Shenzhen Stock Exchange | XSHE | China | Shenzhen | 5.11 | 2,888 | CST | +8:00 | 09:30 | 15:00 | 11:30–13:00 | 01:30 | 07:00 | ||||
| Toronto Stock Exchange | XTSE | Canada | Toronto | 4.00 | 206 | EST/EDT | −5:00 | Mar–Nov | 09:30 | 16:00 | No | 14:30 | 21:00 | |||
| London Stock Exchange | XLON | United Kingdom | London | 3.14 | 219 | GMT/BST | +0:00 | Mar–Oct | 08:00 | 16:30 | No | 08:00 | 16:30 | |||
| Korea Exchange | XKOS | South Korea | Seoul | |||||||||||||
| Busan | 2.95 | 204 | KST | +9:00 | 09:00 | 15:30 | No | 00:00 | 06:30 | |||||||
| Taiwan Stock Exchange | XTAI | Taiwan | Taipei | 2.87 | 222 | NST (Taiwan) | +8:00 | 09:00 | 13:30 | No | 01:00 | 05:30 | ||||
| Saudi Exchange | XSAU | Saudi Arabia | Riyadh | 2.73 | 32 | AST | +3:00 | 10:00 | 15:00 | No | 07:00 | 12:00 | ||||
| German Stock Exchange (Deutsche Börse AG) | XFRA | Germany | Frankfurt | 2.04 | 77 | CET/CEST | +1:00 | Mar–Oct | 08:00 (Eurex) | |||||||
| 08:00 (floor) | ||||||||||||||||
| 09:00 (Xetra) | 22:00 (Eurex) | |||||||||||||||
| 20:00 (floor) | ||||||||||||||||
| 17:30 (Xetra) | No | 07:00 | 21:00 | |||||||||||||
| Tehran Stock Exchange | XTEH | Iran | Tehran | 2.00 | 39 | IRST | +3:30 | 09:00 | 12:30 | No | 05:30 | 09:00 | ||||
| SIX Swiss Exchange | XSWX | Switzerland | Zürich | 1.97 | 54 | CET/CEST | +1:00 | Mar–Oct | 09:00 | 17:30 | No | 08:00 | 16:30 | |||
| Australian Securities Exchange | XASX | Australia | Sydney | 1.89 | 91 | AEST/AEDT | +10:00 | Oct–Apr | 10:00 | 16:00 | No | 00:00 | 06:00 | |||
| **Nasdaq Nordic and Baltic Exchanges** | Europe | 1.79 | 47 | |||||||||||||
| *Copenhagen Stock Exchange* | *XCSE* | *Denmark* | *Copenhagen* | *CET/CEST* | *+1:00* | *Mar–Oct* | *09:00* | *17:00* | *08:00* | *16:00* | ||||||
| *Stockholm Stock Exchange* | *XSTO* | *Sweden* | *Stockholm* | *CET/CEST* | *+1:00* | *Mar–Oct* | *09:00* | *17:30* | *08:00* | *16:30* | ||||||
| *Helsinki Stock Exchange* | *XHEL* | *Finland* | *Helsinki* | *EET/EEST* | *+2:00* | *Mar–Oct* | *10:00* | *18:30* | *08:00* | *16:30* | ||||||
| *Tallinn Stock Exchange* | *XTAL* | *Estonia* | *Tallinn* | *EET/EEST* | *+2:00* | *Mar–Oct* | *10:00* | *16:00* | *08:00* | *14:00* | ||||||
| *Riga Stock Exchange* | *XRIS* | *Latvia* | *Riga* | *EET/EEST* | *+2:00* | *Mar–Oct* | *10:00* | *16:00* | *08:00* | *14:00* | ||||||
| *Vilnius Stock Exchange* | *XLIT* | *Lithuania* | *Vilnius* | *EET/EEST* | *+2:00* | *Mar–Oct* | *10:00* | *16:00* | *08:00* | *14:00* | ||||||
| *Iceland Stock Exchange* | *XICE* | *Iceland* | *Reykjavík* | *GMT* | *+0:00* | *09:30* | *15:30* | *09:30* | *15:30* | |||||||
| Johannesburg Stock Exchange | XJSE | South Africa | Johannesburg | 1.15 | 60 | SAST | +2:00 | 09:00 | 16:50 | No | 07:00 | 14:50 |
;Notes
- "Δ" to UTC, as well as "Open (UTC)" and "Close (UTC)" columns contain valid data only for standard time in a given time zone. During daylight saving time period, the UTC times will be one hour less and Δs one hour more.
** Applicable for non-closing auction session shares only.
References
References
- (16 February 2016). "All of the World's Stock Exchanges by Size".
- "Market Statistics - Focus {{!}} The World Federation of Exchanges".
- "Trading Hours & Market Holidays".
- "NYSE trading hours: live status, timetable, holidays (NYSE)".
- "Nasdaq trading hours: live status, timetable, holidays (NASDAQ)".
- "SSE Market Hours & Holidays 2025 - TradingHours.com".
- "Other Statistics".
- "HKEX Market Hours & Holidays 2025 - TradingHours.com".
- "EU - Euronext Total Market Cap".
- "All India Market Capitalization {{!}} BSE Listed stocks Market Capitalization".
- "NSE Market Capitalisation".
- "SZSE Market Hours & Holidays 2025 - TradingHours.com".
- "TSX Market Hours & Holidays 2025 - TradingHours.com".
- "LSE Market Hours & Holidays 2025 - 2027 - TradingHours.com".
This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.
Ask Mako anything about List of major stock exchanges — get instant answers, deeper analysis, and related topics.
Research with MakoFree with your Surf account
Create a free account to save articles, ask Mako questions, and organize your research.
Sign up freeThis content may have been generated or modified by AI. CloudSurf Software LLC is not responsible for the accuracy, completeness, or reliability of AI-generated content. Always verify important information from primary sources.
Report