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World's 8 biggest stock exchanges

July 15, 2008

You either make or break your fortune in stock markets, it is said. And rightly so. While we often get to hear of men turning paupers overnight when the stock markets crash, tales of people like Warren Buffett and Rakesh Jhunjhunwala inspire us to dream big.

Here we present information about the world's eight biggest stock markets. They have not been ranked. Read on...

1. New York Stock Exchange: $21.79 trillion share trades

The New York Stock Exchange (NYSE) is nicknamed the 'Big Board'. This is the largest stock exchange in the world by dollar volume with 2,764 listed securities. It has the second most securities of all stock exchanges.

The NYSE originated on May 17, 1792. On that day, the Buttonwood Agreement was signed by 24 stock brokers outside New York's 68 Wall Street under a buttonwood tree.

The first office of NYSE was a room at 40 Wall Street rented for $200 a month. NYSE was gutted in the Great Fire of New York in 1835 and reconstructed soon after. In 1865, it moved to 10-12 Broad Street.

Source: World Federation of Exchanges Industry Association

Image: People pass by the New York Stock Exchange building in New York City. | Photograph: Stephen Chernin/Getty Images

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