InstaForex

Thursday, October 4, 2012

Inside Trade | World's Stock Markets


In my previous post, I had mentioned that though there are some difference between the security market and Forex, those two market are still connected. One of the characteristics that distinct them from one another is the venue. Stock market conducts its operation on major exchange centers all over the world. Each country has its own unique exchange center and here are some of the major exchanges:


New York Stock Exchange (NYSE)

Founded on May 17, 1972, the NYSE is the center of exchange in America. It is composed of over 1500 gigantic American companies and considered as the largest among all the exchange centers all over the world.

It symbolizes the financial power of the United States and may also serve as the barometer for the economic in America. It also releases two famous indices; Dow Jones Industrial Average and the NYSE Composite Index.

The exchange opens at 2:30 pm and closes at 9:00 pm from Monday to Friday.

National Association of Securities Dealers Automated Quotation (NASDAQ)

A prong to the exchange trident of US, NASDAQ is an American off-exchange market whose specialization lies beneath the shares of high-technology companies. It is comprised of more or less 3200 companies including some Russian companies.

The trading session usually opens at 9:30 in the morning and ends at 4 in the afternoon ET. However, trades may still be continued until 8 in the evening.


New York Mercantile Exchange (NYMEX)

Specializing in oil futures trading, NYMEX was founded in 1872. The commodities and metals such as oil, gas, platinum, palladium, gold, silver, copper, and aluminum are being traded in this stock exchange. The trading hour starts at 2:30 p.m. up to 9:00 p.m. GMT from Monday-Friday.

London Stock Exchange (LSE)

Established  in 1801 but its roots may be traced back up to 1570, the LSE is one of the oldest and biggest stock exchange in Europe. Having survived the two world wars and the “Big Bang,” this stock exchanges witnessed Europe's history. It is opened from 8:00 am up until 4:30 pm GMT from Monday through Friday.

Tokyo Stock Exchange (TSE)

A stock exchange located in Tokyo, Japan. It has 2,292 listed companies in the exchange and placed as the third largest stock exchange in the world. It is responsible for almost 80% of stock turnover of Japan. Its trading hours are conducted from 00:00 a.m. - 06:00 a.m. GMT from Monday through Friday.
Vienna Stock Exchange (Wiener Börse)

The only existing stock exchange in Austria, its foundation may be traced back in 1771 during the reign of Empress Maria Theresa of Austria. It is one of the most oldest stock exchange and is also one of the most established stock exchange in eastern and southeastern Europe.

There are 110 companies listed in this exchange with a trading volume of $ 48, 468 billion. Trading hours starts from 7:00 a.m. - 4:30 p.m. GMT from Monday through Friday.


Frankfurt Stock Exchange (FWB)

Considered to be exist since 1585, FWB ranks as the 12th largest stock exchange in terms of market capitalization. Situated in Frankfurt, Germany, the exchange is owned and operated by  Deutsche  Börse. Its main index, DAX, reflects the price shares of 30 German companies.

Russian Trading System (RTS)

Established in mid 1995, its main purpose is to unify the regional markets into one organized securities market in Russia. RTS Group is the one responsible for the exchange. It provides information about the situation in the Russian securities market.

Trading hours starts at 6:00 a.m. - 7:50 p.m. GMT from Monday through Friday.

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