National Association of Securities Dealers Automated Quotations
Headquartered in New York City.
Market Capitalization (2011, USD Billions) – 4,687;
Trade Value (2011, USD Billions) – 13,552.
On May 25, 2007, NASDAQ agreed to buy OMX, the Swedish-Finnish financial company that controls 7 Nordic and Baltic stock exchanges, for USD 3.7 billion to form NASDAQ OMX Group.
As of February 27, 2008, the deal was completed.
Second largest stock exchange in the world by market capitalization and trade value. The exchange is owned by NASDAQ OMX Group which also owns and operates 24 markets, 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. It is a home to approximately 3,400 listed companies and its main index is the NASDAQ Composite, which has been published since its inception. Stock market is also followed by S&P 500 index.
On June 18, 2012, NASDAQ became a founding member of the United Nations Sustainable Stock Exchanges initiative on the eve of the United Nations Conference on Sustainable Development
10.5 Tokyo Stock Exchange
Headquartered in Tokyo.
Market Capitalization (2011, USD Billions) – 3,325;
Trade Value (2011, USD Billions) – 3,972.
The Tokyo Stock Exchange was established on May 15, 1878, as the Tokyo Kabushiki Torihikijo. Trading began on June 1, 1878.
In 1943, the exchange was combined with ten other stock exchanges in major Japanese cities to form a single Japanese Stock Exchange.
The combined exchange was shut down and reorganized shortly after the bombing of Nagasaki.
On 15 June 2007, the TSE paid $303 million to acquire a 4.99% stake in Singapore Exchange Ltd
Today, it is the forth largest stock exchange market in the world by aggregate market capitalization of its listed companies (and largest in East Asia and Asia).
It had 2,292 listed companies with a combined market capitalization of US$4.09 trillion as of April 2015.
2,292 companies are separated into the First Section for large companies, the Second Section for mid-sized companies, and the Mothers section for high growth startup companies.
(Mothers: Market of the high-growth and emerging stocks)
The main indices tracking Tokyo Stock Exchange are the Nikkei 225 index of companies selected by the Nihon Keizai Shimbun, the TOPIX index based on the share prices of First Section companies, and the J30 index of large industrial companies. 94 domestic and 10 foreign securities companies participate in TSE trading.
The London Stock Exchange and the Tokyo Stock Exchange are developing jointly traded products and share technology.