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Stock exchanges serve as platforms for companies to raise money by public share-listing. Some exchanges are also listed companies themselves, according to The Economist.
Let's take a look at market capitalisation of some of the biggest listed stock exchanges in the world.
Source: The Economist
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Hong Kong Exchanges and Clearing
Market capitalisation: $21.8 billion
Global rank: 1
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Deutsche Boerse
Market capitalisation: $12.1 billion
Global rank: 2
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NYSE Euronext
Market capitalisation: $8.8 billion
Global rank: 3
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Singapore Exchange
Market capitalisation: $6.9 billion
Global rank: 4
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Australian Securities Exchange
Market capitalisation: $6.4 billion
Global rank: 5
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London Stock Exchange Group
Market capitalisation: $5.6 billion
Global rank: 6
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Nasdaq OMX Group
Market capitalisation: $5.5 billion
Global rank: 7
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Japan Exchange Group
Market capitalisation: $5.4 billion
Global rank: 8
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Moscow Exchange MICEX-RTS
Market capitalisation: $5.2 billion
Global rank: 9
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TMX Group
Market capitalisation: $3.2 billion
Global rank: 10
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Dubai Financial Market
Market capitalisation: $2.8 billion
Global rank: 11
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Bolsas y Mercados Espanoles
Market capitalisation: $2.4 billion
Global rank: 12