List of stock exchanges
Major stock exchanges
Major stock exchange groups (top 20 by market capitalization) of issued shares of listed companies, as of 30 November 2018. Note: "Δ" to UTC, as well as "Open (UTC)" and "Close (UTC)" columns contain valid data only for standard time in a given time zone.

List of stock exchanges

Section Title: Major stock exchanges
Table Section Text: Major stock exchange groups (top 20 by market capitalization) of issued shares of listed companies, as of 30 November 2018. Note: "Δ" to UTC, as well as "Open (UTC)" and "Close (UTC)" columns contain valid data only for standard time in a given time zone.

Rank	Stock exchange	Region	Market place	Market cap (USD bn)	Monthly trade volume (USD bn)	Time zone	Δ	DST	Open (local)	Close (local)	Lunch (local)	Open (UTC)	Close (UTC)

1	New York Stock Exchange	United States	New York City	30,923	1,452	EST/EDT	−5	Mar–Nov	09:30	16:00	No	14:30	21:00

2	NASDAQ	United States	New York City	10,857	1,262	EST/EDT	−5	Mar–Nov	09:30	16:00	No	14:30	21:00

3	Japan Exchange Group	Japan	Tokyo	5,679	481	JST	+9	09:00	15:00	11:30–12:30	00:00	06:00

4	Shanghai Stock Exchange	China	Shanghai	4,026	536	CST	+8	09:30	15:00	11:30–13:00	01:30	07:00

5	Hong Kong Stock Exchange	Hong Kong	Hong Kong	3,936	182	HKT	+8	09:15	16:00	12:00–13:00	01:15	08:00

6	Euronext	European Union	Amsterdam Brussels Dublin Lisbon Paris	3,927	174	CET/CEST	+1	Mar–Oct	09:00	17:30	No	08:00	16:30

7	London Stock Exchange Group	United Kingdom	London Milan	3,767	219	GMT/BST	+0	Mar–Oct	08:00	16:30	No	08:00	16:30

8	Shenzhen Stock Exchange	China	Shenzhen	2,504	763	CST	+8	09:30	15:00	11:30–13:00	01:30	07:00

9	TMX Group	Canada	Toronto	2,095	97	EST/EDT	−5	Mar–Nov	09:30	16:00	No	14:30	21:00

10	Bombay Stock Exchange	India	Mumbai	2,056	210	IST	+5.5	09:15	15:30	No	03:45	10:00

11	National Stock Exchange of India	India	Mumbai	2,030	196	IST	+5.5	09:15	15:30	No	03:45	10:00

12	Deutsche Börse	Germany	Frankfurt	1,864	140	CET/CEST	+1	Mar–Oct	08:00 (Eurex) 08:00 (floor) 09:00 (Xetra)	22:00 (Eurex) 20:00 (floor) 17:30 (Xetra)	No	07:00	21:00

13	SIX Swiss Exchange	Switzerland	Zurich	1,523	77	CET/CEST	+1	Mar–Oct	09:00	17:30	No	08:00	16:30

14	Korea Exchange	South Korea	Seoul, Busan	1,463	277	KST	+9	09:00	15:30	No	00:00	06:00

15	Nasdaq Nordic Exchanges	1,372	72

Copenhagen Stock Exchange	Denmark	Copenhagen	CET//CEST	+1	Mar-Oct	09:00	17:00	No	8:00	16:00

Stockholm Stock Exchange	Sweden	Stockholm	CET/CEST	+1	Mar-Oct	09:00	17:30	No	8:00	16:30

Helsinki Stock Exchange	Finland	Helsinki	EET/EEST	+2	Mar-Oct	10:00	18:30	No	8:00	16:30

Tallinn Stock Exchange	Estonia	Tallinn	EET/EEST	+2	Mar-Oct	10:00	16:00	No	8:00	14:00

Riga Stock Exchange	Latvia	Riga	EET/EEST	+2	Mar-Oct	10:00	16:00	No	8:00	14:00

Vilnius Stock Exchange	Lithuania	Vilnius	EET/EEST	+2	Mar-Oct	10:00	16:00	No	8:00	14:00

Iceland Stock Exchange	Iceland	Iceland	GMT	+0	09:30	15:30	No	9:30	15:30

Armenia Securities Exchange	Armenia	Armenia	AMT	+4	10:00	15:00	No	7:00	11:00

16	Australian Securities Exchange	Australia	Sydney	1,326	56	AEST/AEDT	+10	Oct–Apr	10:00	16:00	No	00:00	06:00

17	Taiwan Stock Exchange	Taiwan	Taipei	966	75	NST (Taiwan)	+8	09:00	13:30	No	01:00	05:30

18	B3	Brazil	São Paulo	938	62	BRT/BRST	−3	Oct–Feb	09:00	18:00	No	12:00	21:00

19	JSE Limited	South Africa	Johannesburg	894	29	SAST	+2	09:00	17:00	No	07:00	15:00

20	Bolsas y Mercados Españoles	Spain	Madrid	764	CET/CEST	+1	Mar–Oct	9:00	17:30	No	8:00	16:30

Sentence(s)

The TMX Group Stock Exchange is one of the world's largest stock exchange by market capitalization.

final_sentence: The TMX Group Stock Exchange is one of the world's largest stock exchange by market capitalization.