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>Template:Cite 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>Template:Cite web</ref><ref>Template:Cite 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>Template:Cite web</ref> 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>Template:Cite web</ref> 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>Template:Cite web</ref> 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>Template:Cite web</ref> 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>Template:Cite web</ref> 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>Template:Cite web</ref> 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>Template:Cite web</ref> 501 IST +5:30 09:15 15:30 No 03:45 10:00
National Stock Exchange XNSE Template:Flagu Mumbai 5.32<ref>Template:Cite web</ref> 294 IST +5:30 09:15 15:30 No 03:45 10:00
Shenzhen Stock Exchange XSHE Template:Flagu Shenzhen 5.11<ref>Template:Cite web</ref> 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>Template:Cite web</ref> 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>Template:Cite web</ref> 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.

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See also

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References

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