Photographs: Andrew Winning/Reuters
Stock exchanges serve as platforms for companies to raise money by public share-listing. Some exchanges are also listed companies themselves, according to The Economist.
Let's take a look at market capitalisation of some of the biggest listed stock exchanges in the world.
Source: The Economist
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Biggest listed stock exchanges in the world
Image: Tsai Hiu Wai is tossed into the air by teammates after competing in a competition in Hong Kong.Photographs: Bobby Yip/Reuters
Hong Kong Exchanges and Clearing
Market capitalisation: $21.8 billion
Global rank: 1
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Biggest listed stock exchanges in the world
Image: A woman is held to a rotating advertising column with cling film as a temporary installation of the Bosso Fataka street art group in Berlin.Photographs: Thomas Peter/Reuters
Deutsche Boerse
Market capitalisation: $12.1 billion
Global rank: 2
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Biggest listed stock exchanges in the world
Image: A ticker showing current prices of drinks runs behind the bar of The Exchange Bar & Grill in New York.Photographs: Lucas Jackson/Reuters
NYSE Euronext
Market capitalisation: $8.8 billion
Global rank: 3
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Biggest listed stock exchanges in the world
Image: A cyclist rides past the skyline of the Central Business District in Singapore.Photographs: Edgar Su/Reuters
Singapore Exchange
Market capitalisation: $6.9 billion
Global rank: 4
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Biggest listed stock exchanges in the world
Image: A woman enjoys the waves on a cold and windy Christmas day at Bondi Beach in Sydney.Photographs: Daniel Munoz/Reuters
Australian Securities Exchange
Market capitalisation: $6.4 billion
Global rank: 5
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Biggest listed stock exchanges in the world
Image: Maria Austin, Amelia Simmons, Sophie Bonello, Zoe Rawson, and Georgina Riddle attend a dress-fitting for Queen Charlotte's Ball in central London.Photographs: Olivia Harris/Reuters
London Stock Exchange Group
Market capitalisation: $5.6 billion
Global rank: 6
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Biggest listed stock exchanges in the world
Image: A model is made up before the New York Fashion Week.Photographs: Eric Thayer/Reuters
Nasdaq OMX Group
Market capitalisation: $5.5 billion
Global rank: 7
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Biggest listed stock exchanges in the world
Image: Women in kimonos attend a ceremony celebrating Coming of Age Day in heavy snowfall at Toshimaen amusement park in Tokyo.Photographs: Yuya Shino/Reuters
Japan Exchange Group
Market capitalisation: $5.4 billion
Global rank: 8
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Biggest listed stock exchanges in the world
Image: A dog catches a frisbee during the Russian dog frisbee championship in Moscow.Photographs: Sergei Karpukhin/Reuters
Moscow Exchange MICEX-RTS
Market capitalisation: $5.2 billion
Global rank: 9
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Biggest listed stock exchanges in the world
Image: Amateurs take part in a pillow fight during a late night event in Toronto.Photographs: J.P. Moczulski/Reuters
TMX Group
Market capitalisation: $3.2 billion
Global rank: 10
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Biggest listed stock exchanges in the world
Image: Towers are seen next to a Metro station on Sheikh Zayed Road in Dubai.Photographs: Jumana El Heloueh/Reuters
Dubai Financial Market
Market capitalisation: $2.8 billion
Global rank: 11
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Biggest listed stock exchanges in the world
Image: A woman walks past police deployed around Spain's parliament ahead of a demonstration in Madrid.Photographs: Andrea Comas/Reuters
Bolsas y Mercados Espanoles
Market capitalisation: $2.4 billion
Global rank: 12
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