Want to know the major stock exchanges in the world? These are NASDAQ, Euronext, JSE Limited, Six Swiss Exchanges, Deutsche Borse, Toronto Stock Exchange, Tokyo Stock Exchange, Shenzhen Stock Exchange, Moscow Stock Exchange, Shanghai Stock Exchange, Hong Kong Stock Exchange, etc. Each of the stock exchanges has a unique market identification code or a MIC to identify and regulate stock markets and trading exchanges.
The ISO 10383 Regulation Authority creates, manages, and operates the MIC codes, free of charge. The MIC codes consist of four characters of which the first one is the randomly assigned alphanumeric character and the last three digits signify the market.
The Major Stock Exchanges with MIC and Headquarters
The following table contains the Major stock exchanges with market identification codes(MIC), Stock Exchange names, and their place of business with headquarters. For example, the MIC codes for NASDAQ OMX are XNAS, XSWX for Six Swiss, XJSE for JSE, XFRA for Deutsche Borse, etc.
| Stock Exchanges | MIC | Headquarters |
|---|---|---|
| NASDAQ OMX | XNAS | United States |
| Euronext | XAMS XBRU XMSM XLIS XMIL XOSL XPAR | Europe |
| JSE Limited | XJSE | Johannesburg |
| SIX Swiss Exchange | XSWX | Zurich |
| BM & F Bovespa | Sau Paulo | |
| Deutsche Borse | XFRA | Frankfurt |
| Korea Stock Exchange | XKOS | Seoul |
| Tokyo Stock Exchange | XJPX | Tokyo |
| Toronto Stock Exchange | XTSE | Toronto |
| BME Spanish Exchange | Madrid | |
| Shenzhen Stock Exchange | Schenzhen | |
| Moscow Exchange | Moscow | |
| National Stock Exchange of India | XNSE | Mumbai |
| Australia Securities Exchange | XASX | Sydney |
| Hong Kong Stock Exchange | XHKG | Hong Kong |
| London Stock Exchange | XLON | London |
| Shanghai Stock Exchange | XSHG | Shanghai |
| Saudi Stock Exchange | XSAU | Riyadh |
Do Stock Exchanges Play a Role in the Economy?
The stock exchanges play a crucial role in the trading, growth, Regulation, and formation of capital. The companies sell, and purchase securities in a regulated way. Securities are bought and sold on a well-structured and pre-formulated set of rules. The public companies issue debenture and share. On the other hand, Government bodies issue debenture and bonds.
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