Friday, October 21, 2011

Top 10 Largest Stock Exchanges in the World

Stock Exchange is the place to invest,earn and trade.Almost at all the time markets are opened and now you can trade at 24 hours a day in different stock exchanges of the world.

1. New York Stock Exchange: $9.57 trillion in market value
The New York Stock Exchange (NYSE) is located on famous Wall Street in lower Manhattan, New York City, and has been around since 1792. Although it is a listed exchange with physical trading floors and rooms, all stocks on the NYSE can now be traded electronically, electronic transactions representing most of the trades performed. In October 2008, it was merged with the American Stock Exchange (AMEX), and is now the largest stock exchange in existence. It is open Monday through Friday from 9:30 to 16:00 Eastern Time, except on holidays.

2. Tokyo Stock Exchange: $3.10 trillion in market value
The TSE, or Tokyo Stock Exchange, was created in 1878. More than 2000 companies are listed on the TSE and its main indices are the TSE and the famous Nikkei 225. Most security transactions in Japan are done through the TSE, which operates entirely on electronic stock trading. It is open from 9:00 to 11:00 and from 12:30 to 15:30 (GMT + 9 hours).

3. NASDAQ Stock Exchange: $2.77 trillion in market value
The NASDAQ, or National Association of Securities Dealers Automated Quotations, is the largest virtual stock trading market in America. Unlike the NYSE, the young Nasdaq (founded in 1971) doesn’t have a history of trading floors and rooms to physically trade stocks. Stock trading is done entirely through an electronic network of dealers; it is an electronic screen-based stock market. It is open Monday through Friday from 9:30 to 16:00 Eastern Time (minus holidays) and offers pre-market and post-market trading sessions extending these hours from 7AM to 8PM, Eastern Time.

4. Euronext: $2.26 trillion in market value
Based in Paris and with branches across Europe, Euronext was born in 2000 from the merger of the Amsterdam Stock Exchange, Brussels Stock Exchange and Bourse de Paris. It subsequently went on to perform other mergers and share acquisitions, to today become the fourth largest stock exchange in the world. It merged in 2006 with the NYSE to create the NYSE Euronext corporation, which now oversees both exchanges. Its opening hours in Europe are from 9:00 to 17:30, local time to the branch in question.

5. London Stock Exchange: $2.20 trillion in market value
Founded in 1801, the London Stock Exchange (LSE) is located in London and lists over 3000 British and overseas companies. It has a number of indices, the most common being the FTSE 100 and FTSE 250. Opening hours are 08:00 to 16:30 on weekdays.

6. Shanghai Stock Exchange: $2.07 trillion in market value

7. Hong Kong Stock Exchange: $1.77 trillion in market value

8. Toronto Stock Exchange: $1.35 trillion in market value

9. Frankfurt Stock Exchange (Deutsche Börse): $1.13 trillion in market value

10. Madrid Stock Exchange: $1.08 trillion in market value

Sunday, November 8, 2009

North American Stock Exchanges

  • Alberta Stock Exchange, Canada
  • Montreal Stock Exchange, Canada
  • Toronto Stock Exchange, Canada
  • Vancouver Stock Exchange, Canada
  • Winnipeg Stock Exchange, Canada
  • Canadian Stock Market Reports, Canada
  • Canada Stockwatch, Canada
  • Mexican Stock Exchange, Mexico
  • AMEX, United States
  • New York Stock Exchange (NYSE),United States
  • NASDAQ, United States
  • The Arizona Stock Exchange, United States
  • Chicago Stock Exchange, United States
  • Chicago Board Options Exchange, United States
  • Chicago Board of Trade, United States
  • Chicago Mercantile Exchange, United States
  • Kansas City Board of Trade, United States
  • Minneapolis Grain Exchange, United States
  • Pacific Stock Exchange, United States
  • Philadelphia Stock Exchange, United States

Swiss Exchange, Switzerland

A service of SIX Swiss Exchange Ltd in collaboration with SIX SIS Ltd and Eurex Zurich Ltd (Collateralisation and SecLend Market)

Certificates are bearer debt instruments (claims). The investor who purchases a certificate assumes a default risk that varies according to the creditworthiness of the issuer. The insolvency of the issuer may result in a total loss for the investor. In order to minimize this risk, SIX Swiss Exchange is offering a service for the collateralization of certificates in collaboration with SIX SIS and Eurex Zurich Ltd. The collateralization is based on the "Framework Agreement for Collateral Secured Instruments (in German)", which the issuer and collateral provider conclude with SIX Swiss Exchange and SIX SIS. The administration of the securities used as collateral is undertaken via the established technical infrastructure of SIX SIS and Eurex Zurich Ltd (Collateralisation and SecLend Market).

Based on the Framework Agreement, the collateral provider undertakes to grant SIX Swiss Exchange a right of lien on selected securities (book entry securities, securities embodied in a certificate, value rights, or cash). The COSI and the collateral itself are valued on each banking day. The collateral provider is obliged to adjust the level of the collateralization in the event of any changes in value. Investors do not themselves have any surety right to the collateral. However, the collateralization works in their favor insofar as the collateral is liquidated upon the occurrence of certain events as defined in the Framework Agreement (liquidation events) and the net proceeds of the liquidation of the collateral are then distributed proportionately among the investors. The market risks associated with a certificate and its collateral (price fluctuations due to changes in value of the underlying) are not affected by the collateralization process and remain wholly with the investor. Further information on this service for investors can be found in the world.

Johannesburg Stock Exchange, South Africa

The JSE Ltd (“JSE”) is licensed as an exchange under the Securities Services Act, 2004 and Africa’s premier exchange. It has operated as a market place for the trading of financial products for nearly 120 years. In this time, the JSE has evolved from a traditional floor based equities trading market to a modern securities exchange providing fully electronic trading, clearing and settlement in equities, financial and agricultural derivatives and other associated instruments and has extensive surveillance capabilities. The JSE is also a major provider of financial information. In everything it does, the JSE strives to be a responsible corporate citizen.
  • In 8 November 1887 trading commenced by way of open outcry on a trading floor.
  • In March 1996, trading on the Johannesburg Equities Trading (JET) system commenced. 800 securities were transferred in the 3 month period from 8 March 1996 to 7 June 1996.
  • On 7 June 1996 the trading floor closed after a 108 year era.
  • By Monday 10 June 1996 the JET System was fully operational.
  • The JSE moved to JSE SETS in May 2002, thus commencing the new trading platform arrangements with the London Stock Exchange and allowing JSE investors access to world class technology.

FTSE International (London Stock Exchange), United Kingdom

FTSE Licenses Three International Benchmarks to Schwab for the Creation of New Exchange Traded Funds

FTSE Group (FTSE), the leading global index provider, today announced that they have licensed three international equity indexes to Charles Schwab Investment Management for the creation of three new exchange traded funds (ETFs). The funds will be among Schwab’s first ETF offerings, and will track the FTSE All Emerging Index, the FTSE Developed ex-US Index, and the FTSE Developed Small Cap ex-US Liquid Index.

The FTSE All Emerging Index tracks the performance of large- and mid- cap stocks from 22 emerging markets including Brazil, China, Taiwan and India. The FTSE Developed ex-US Index is comprised of large- and mid-cap stocks from 24 developed markets, excluding the United States. Companies from the United Kingdom and Japan, followed by Canada, Germany and Switzerland make up a majority of the index. The FTSE Developed Small Cap ex-US Liquid Index is made up of small-cap stocks from 24 developed markets, excluding the United States. An enhanced liquidity screen ensures that the small-cap stocks in this index have a free-float adjusted market capitalization of at least $150m USD. Of the largest companies in the index, the majority are Canadian.

Over the 5-year trailing period, the FTSE All Emerging Index has consistently outperformed both the FTSE Developed ex-US and FTSE Developed Small Cap ex-US Liquid indexes. One reason for this outperformance is that the FTSE All Emerging Index is heavily weighted with Brazilian and Chinese stocks, which make up 19.36% and 17.87% of the index respectively, and its performance has been driven by the continued growth of these two economies.

"We are pleased that Schwab has selected FTSE benchmarks as the basis for their first international exchange traded fund offerings," said FTSE CEO Mark Makepeace. "FTSE's Global Equity Index Series consists of transparent, liquid and rules-based benchmarks that continue to be attractive to issuers of ETFs and other tradeable products worldwide." Added Peter Crawford, senior vice president at Charles Schwab, "Schwab is pleased to introduce an impressive array of Exchange Traded Funds. We were delighted to collaborate with FTSE, a highly reputable partner, in their development."

New York Stock Exchange (NYSE),United States

NYSE Euronext, the holding company created by the combination of NYSE Group, Inc. and Euronext N.V., was launched on April 4, 2007. NYSE Euronext (NYSE/New York and Euronext/Paris: NYX) operates the world ' s largest and most liquid exchange group and offers the most diverse array of financial products and services. NYSE Euronext, which brings together six cash equities exchanges in seven countries and eight derivatives exchanges, is a world leader for listings, trading in cash equities, equity and interest rate derivatives, bonds and the distribution of market data.
  • NYSE Euronext European derivatives products average daily volume (“ADV”) in October 2009 of 3.9 million contracts decreased 12.9% compared to October 2008, and decreased 11.1% from September 2009. Total interest rate products ADV in October 2009 of 2.0 million contracts decreased 9.5% compared to October 2008 and total equity products ADV of 1.8 million contracts decreased 16.9% compared to October 2008.

  • NYSE Euronext U.S. equity options ADV of 3.2 million contracts in October 2009 increased 23.3% compared to October 2008 levels, and increased 6.3% from September 2009. NYSE Euronext’s U.S. options exchanges accounted for 22.8% of the total consolidated equity options trading in October 2009, up from 17.6% in October 2008, and up from 21.4% in September 2009.

  • NYSE Liffe U.S. futures and futures options ADV in October 2009 of approximately 22,000 contracts increased from approximately 21,000 contracts in September 2009 with the launch of equity index futures trading in September 2009 based on the MSCI U.S., EM and EAFE indexes.

  • NYSE Euronext European cash products ADV of 1.6 million transactions in October 2009 decreased 26.1% compared to October 2008, but increased 7.1% from September 2009 and represented the third consecutive monthly increase in trading volumes since July with market share stable at approximately 78%.
  • NYSE, NYSE Arca and NYSE Amex (“NYSE Group”) U.S. cash products handled ADV of 2.9 billion shares in October 2009 decreased 38.9% compared to October 2008 and decreased 3.3% compared to September 2009. NYSE Group matched share of all U.S. equity trading volume in October 2009 was 28.1%, up from 28.0% in September 2009, and compared to matched market share of 24.7% for our next largest competitor. NYSE Group’s Tape A matched market share in October 2009 was 36.6%, up from 36.1% in September 2009.

  • NYSE Euronext is the largest exchange operator in the two fastest growing tapes in the U.S. equity markets. Year-to-date, total Tape A and Tape B consolidated ADV of 7.9 billion shares increased a combined 23.6%, compared to the prior year period, while Tape C consolidated ADV of 2.3 billion shares has declined 0.9% during the same period.

Toronto Stock Exchange, Canada

With the introduction of four new specialty cross types from TSX Markets, market participants now enjoy more ways to take advantage of market opportunities. These improvements are designed to decrease costs associated with advanced trading techniques. Each specialty cross type provides distinct market advantages and these crosses are not subject to interference. In addition, because specialty cross types are flagged publicly, they offer the marketplace better transparency for large specialized transactions.

Basis Cross

A trade whereby a basket of securities or an index participation unit is transacted at prices achieved through the execution of related exchange-traded derivative instruments which may include index futures, index options and index participation units in an amount that will correspond to an equivalent market exposure.

VWAP Cross

A transaction for the purpose of executing a trade at a volume-weighted average price of a security traded for a continuous period on or during a trading day on Toronto Stock Exchange.

Contingent Cross

A trade resulting from a paired order placed by a Participant on behalf of a client to execute an order on a security that is contingent on the execution of a second order placed by the same client for an offsetting volume of a related security.

Special Trading Session (STS) Cross

A closing price cross resulting from an order placed by a Participant on behalf of a client for execution in the Special Trading Session at the last sale price.

Using the Specialty Cross Types

Although the specialty cross types may be executed anonymously, brokers must report each cross using the appropriate marker (i.e. basis cross marker, VWAP cross marker, etc). This alerts the Toronto Stock Exchange system that the cross can fall outside of normal market parameters. Each trade appears on all real-time TSX trade data. (In addition TMX Datalinx offers reports detailing the Specialty Price Crosses executed on a daily or monthly basis.)

Basis Cross, VWAP Cross and Contingent Cross
  • Available in the regular session (9:30 a.m. - 4:00 p.m.) and during the extended session (from 4:15 - 5:00 p.m.)
  • Report trade using appropriate marker (basis cross, VWAP cross or contingent cross)
  • May only be entered as a boardlot trade (oddlot or mixedlot crosses are not accepted)
  • Basis and VWAP crosses will not set last sale price
  • Basis and VWAP crosses may be printed to three decimal places
  • Basis and VWAP crosses may be printed outside the quote (subject to regulatory restrictions)
Special Trading Session (STS) Cross
  • Available only during extended session (from 4:15 - 5:00 p.m.)
  • Can only be printed at the last sale price
  • Cannot change last sale price
  • Report trade using new STS cross marker
  • May only be entered as a boardlot trade (oddlot or mixedlot crosses are not accepted)

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