List of major stock exchanges

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This is a list of major stock exchanges. Those futures 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.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> 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.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref><ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

Stock exchange	MIC	Region	City	Market cap (USD tn)	Monthly trade volume (USD bn)	Time zone	Δ	DST	Open hours (local time)			UTC, winter only
									Open	Close	Lunch	Open	Close
New York Stock Exchange	XNYS	Template:Flagu	New York City	30.92<ref>{{#invoke:citation/CS1|citation	CitationClass=web }}</ref>|| style="text-align:right;" | 2,685	EST/EDT	−5:00	Mar–Nov	09:30	16:00	No	14:30	21:00
Nasdaq (US)	XNAS	Template:Flagu	New York City	31.96<ref>{{#invoke:citation/CS1|citation	CitationClass=web }}</ref>|| style="text-align:right;" | 2,727	EST/EDT	−5:00	Mar–Nov	09:30	16:00	No	14:30	21:00
Shanghai Stock Exchange	XSHG	Template:Flagu	Shanghai	7.96<ref>{{#invoke:citation/CS1|citation	CitationClass=web }}</ref>|| style="text-align:right;" | 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)	Template:Flagu	Tokyo	7.06<ref>{{#invoke:citation/CS1|citation	CitationClass=web }}</ref>|| style="text-align:right;" | 652	JST	+9:00		09:00	15:00	11:30–12:30	00:00	06:00
Template:Nowrap	XHKG	Template:Flagu	Hong Kong	6.41<ref>{{#invoke:citation/CS1|citation	CitationClass=web }}</ref>|| style="text-align:right;" | 762	HKT	+8:00		09:30	16:00	12:00–13:00	01:30	08:00
Euronext	XAMS XBRU XMSM XLIS XMIL XOSL XPAR	Template:Flagu	Amsterdam Brussels Dublin Lisbon Milan Oslo Paris	5.61<ref>{{#invoke:citation/CS1|citation	CitationClass=web }}</ref>|| style="text-align:right;" | 186	CET/CEST	+1:00	Mar–Oct	09:00	17:30	No	08:00	16:30
Bombay Stock Exchange	XBSE	Template:Flagu	Mumbai	5.25<ref>{{#invoke:citation/CS1|citation	CitationClass=web }}</ref>|| style="text-align:right;" | 501	IST	+5:30		09:15	15:30	No	03:45	10:00
National Stock Exchange	XNSE	Template:Flagu	Mumbai	5.32<ref>{{#invoke:citation/CS1|citation	CitationClass=web }}</ref>|| style="text-align:right;" | 294	IST	+5:30		09:15	15:30	No	03:45	10:00
Shenzhen Stock Exchange	XSHE	Template:Flagu	Shenzhen	5.11<ref>{{#invoke:citation/CS1|citation	CitationClass=web }}</ref>|| style="text-align:right;" |2,888	CST	+8:00		09:30	15:00	11:30–13:00	01:30	07:00
Toronto Stock Exchange	XTSE	Template:Flagu	Toronto	4.00<ref>{{#invoke:citation/CS1|citation	CitationClass=web }}</ref>|| style="text-align:right;" | 206	EST/EDT	−5:00	Mar–Nov	09:30	16:00	No	14:30	21:00
London Stock Exchange	XLON	Template:Nowrap	London	3.14<ref>{{#invoke:citation/CS1|citation	CitationClass=web }}</ref>|| style="text-align:right;" | 219	GMT/BST	+0:00	Mar–Oct	08:00	16:30	No	08:00	16:30
Taiwan Stock Exchange	XTAI	Template:Flagu	Taipei	2.87	222	NST (Taiwan)	+8:00		09:00	13:30	No	01:00	05:30
Saudi Exchange	XSAU	Template:Flagu	Riyadh	2.73	32	AST	+3:00		10:00	15:00	No	07:00	12:00
German Stock Exchange (Deutsche Börse AG)	XFRA	Template:Flagu	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	Template:Flagu	Tehran	2.00	39	IRST	+3:30		09:00	12:30	No	05:30	09:00
SIX Swiss Exchange	XSWX	Template:Flagu	Zürich	1.97	54	CET/CEST	+1:00	Mar–Oct	09:00	17:30	No	08:00	16:30
Australian Securities Exchange	XASX	Template:Flagu	Sydney	1.89	91	AEST/AEDT	+10:00	Oct–Apr	10:00	16:00	No	00:00	06:00
Nasdaq Nordic and Baltic Exchanges		Template:Flagu		1.79	47
Copenhagen Stock Exchange	XCSE	Template:Flag	Copenhagen			CET/CEST	+1:00	Mar–Oct	09:00	17:00		08:00	16:00
Stockholm Stock Exchange	XSTO	Template:Flag	Stockholm			CET/CEST	+1:00	Mar–Oct	09:00	17:30		08:00	16:30
Helsinki Stock Exchange	XHEL	Template:Flag	Helsinki			EET/EEST	+2:00	Mar–Oct	10:00	18:30		08:00	16:30
Tallinn Stock Exchange	XTAL	Template:Flag	Tallinn			EET/EEST	+2:00	Mar–Oct	10:00	16:00		08:00	14:00
Riga Stock Exchange	XRIS	Template:Flag	Riga			EET/EEST	+2:00	Mar–Oct	10:00	16:00		08:00	14:00
Vilnius Stock Exchange	XLIT	Template:Flag	Vilnius			EET/EEST	+2:00	Mar–Oct	10:00	16:00		08:00	14:00
Iceland Stock Exchange	XICE	Template:Flag	Reykjavík			GMT	+0:00		09:30	15:30		09:30	15:30
Korea Exchange	XKOS	Template:Flagu	Seoul Busan	1.56	204	KST	+9:00		09:00	15:30	No	00:00	06:30
Johannesburg Stock Exchange	XJSE	Template:Flagu	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.

See also

• List of African stock exchanges
• List of stock exchanges in the Americas
• List of Asian stock exchanges
• List of European stock exchanges
• List of stock exchanges in Oceania
• List of countries by stock market capitalization
• List of countries without a stock exchange
• List of futures exchanges
• World Federation of Exchanges
• Federation of Euro-Asian Stock Exchanges