What the Data Shows
Stock exchanges are ranked by domestic equity market capitalization in the World Federation of Exchanges March 2026 market-statistics release. The rows report current US$ trillions and each exchange share of the WFE equity-market-cap total. Nasdaq – US ranked first at US$35.00 trillion, followed by NYSE at US$30.96 trillion. The top two exchanges accounted for 44.2% of the WFE total, and the top eight accounted for 73.3%.
Data table
Unit: US$ trillions · Period: March 2026
| Rank | Entry | Value | Period |
|---|
| 1 | Nasdaq - US | US$35.00T | March 2026 |
| 2 | NYSE | US$30.96T | March 2026 |
| 3 | Shanghai Stock Exchange | US$10.19T | March 2026 |
| 4 | Euronext | US$8.68T | March 2026 |
| 5 | Japan Exchange Group | US$7.64T | March 2026 |
| 6 | Shenzhen Stock Exchange | US$6.36T | March 2026 |
| 7 | Hong Kong Exchanges | US$5.86T | March 2026 |
| 8 | TMX Group | US$4.71T | March 2026 |
Sources
Source 1: World Federation of Exchanges
Publisher: World Federation of Exchanges
Dataset/table: Equity - Domestic market capitalisation
Units: USD millions
Date checked: 2026-05-28
Evidence: Supports March 2026 domestic market-cap values by exchange.
Source 2: World Federation of Exchanges
Publisher: World Federation of Exchanges
Dataset/table: Equity markets - Market Capitalisation
Units: USD millions
Date checked: 2026-05-28
Evidence: Supports the WFE equity market capitalization total used as denominator.
Data notes & caveats
WFE means World Federation of Exchanges. WFE notes that where no more than two consecutive exchange values were missing, its office interpolated them. Exchange-level rows are not aggregated by country.
Methodology
Rows use WFE March 2026 domestic market capitalization in USD millions, converted to current US$ trillions for display. Shares use the WFE equity-market-cap total of US$149.20T.
Source consistency notes
Rows and the denominator use the World Federation of Exchanges source family for March 2026 domestic equity market capitalization.
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