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BUSINESS NEWS - If you ask what is the biggest exchange in the globe, many will say that this is the NYSE. Some will also remind the NASDAQ, the Tokyo, and Hong Kong stocks. In 2017, the World Bank claimed that the total capitalization of all public companies on stocks was $79.2 trillion. In 2018, this figure dropped to $68.5 trillion.
To be in a core of major trends, the world brokers, including FXTM trading broker, regularly check the trade figures of the world’s biggest stocks. Let’s make our own analysis.
1) NY Stock Exchange
The NYSE is the “home” of all the ups and downs of the past hundred years. This is a symbol of the US economic power and the place for 60% of all stock transactions on the planet. The global trend for recession or growth of the economy depends on who takes the initiative on the NYSE (bulls or bears). The trader’s work can’t even be imagined without monitoring the NYSE since it affects European and Asian rates.
The capitalization of the NYSE is $28 trillion. The NYSE often trades up to $3 billion daily. According to the latest data, it trades 4,000 companies’ assets (half of them are the US). For example, among the biggest companies on the stock are:
- American Express Co. (AXP);
- Boeing Co., (BA);
- Caterpillar, Inc. (CAT);
- Coca-Cola Co. (KO);
- Exxon Mobil Corp. (XOM);
- General Electric Co. (GE);
- The Goldman Sachs Group, Inc. (NYSE: GS), etc.
To start working on the NYSE, investors need to find a broker that is allowed to operate on this platform. After that, they get online access to the stock using special software. They are free to buy and sell shares, acting both independently and following the advice of the broker. For example, you can use the services of the ForexTime to get the most of your actions.
2) NASDAQ
NASDAQ has become a kind of innovation in the global market of e-commerce. It was created due to the US Congress’ desire to systematize trade. Therefore, the NASDAQ stock is connected to the highly-developed companies.
It operates the shares of such world-known companies as:
- Cisco Systems (CSCO);
- Intel Corp. (INTC);
- Microsoft Corp. (MSFT);
- Apple Inc. (AAPL);
- Google Inc. (GOOG);
- Amazon, Inc. (AMZN), etc.
NASDAQ is currently the second biggest exchange in the world. The estimated price of the traded companies is more than $6.8 trillion (3,700 listed companies). The average daily volume is approximately $1.3 trillion.
3) Japan Exchange Group (JPX)
As a result of the merge, the third biggest market place in the world appeared. The market capitalization of the stock is more than $6 trillion. The listing has 3,628 companies, and the daily trade volumes are about $0.5 trillion on average. According to statistics, more than 91% of all transactions with securities occur on this platform.
Other Stocks
Forex trading will not be complete without such global stocks as the following:
- Shanghai Stock Exchange (capitalization — $4.5 trillion, daily volume — $470 billion);
- Euronext (capitalization — $4.3 trillion, vol. — $200 billion);
- Hong Kong Stock Exchange (capitalization — $4.2 trillion, vol. — $205 billion);
- London Stock Exchange (market capitalization — $4.3 trillion, vol. — $200 billion).
Together, the largest stocks in the world make about 77% of the world stock market capitalization ($65.6 trillion). Their daily turnover is more than $5 trillion, which is 40% of the global one. All these make the world of finance so complex.
If you live in Nigeria or South Africa, you still have many opportunities for trading. Take your time to learn all the relevant data about stocks and start earning immediately. Good luck!
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