ECONOMICS (CBSE/UGC NET)

ECONOMICS

FINANCIAL MARKETS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is the largest stock exchange in the world?
A
BSE
B
London Stock Exchange
C
NASDAQ
D
NYSE
Explanation: 

Detailed explanation-1: -The New York Stock Exchange is the largest stock exchange in the world, with an equity market capitalization of nearly 23 trillion U.S. dollars as of December 2022. The following three exchanges were the NASDAQ, the Shanghai Stock Exchange, and the Euronext.

Detailed explanation-2: -The New York Stock Exchange (NYSE, nicknamed “The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world’s largest stock exchange by market capitalization.

Detailed explanation-3: -This statistic shows the leading 20 companies on the NYSE U.S. 100 Index by market capitalization. As of February 23, 2023 the multinational conglomerate company Berkshire Hathaway ranked as the first, with a market capitalization of 677.3 billion euros.

Detailed explanation-4: -The New York Stock Exchange traces its origins to the Buttonwood Agreement signed by 24 stockbrokers on May 17, 1792, as a response to the first financial panic in the young nation. It set rules for how stocks could be traded and established set commissions.

Detailed explanation-5: -The two major U.S. financial securities markets are the New York Stock Exchange and Nasdaq.

There is 1 question to complete.