Ten largest stock exchanges in the world by market capitalization in 2011:
1. New York Stock Exchange (NYSE) - Headquartered in New York City. Market Capitalization (2011, USD Billions) – 14,242; Trade Value (2011,
USD Billions) – 20,161.
The largest stock exchange in the world by both market capitalization and trade value. NYSE is the premier
listing venue for the world’s leading large- and medium-sized companies. Operated by NYSE Euronext, the holding company
created by the combination of NYSE Group, Inc. and Euronext N.V., NYSE offers a broad and growin array of financial products
and services in cash equities, futures, options, exchange-traded products (ETPs), bonds, market data, and commercial technology
solutions. Featuring more than 8000 listed issues it includes 90% of the Dow Jones Industrial Average and 82% of the S&P
500 stock market indexes volume.
2. NASDAQ OMX - Headquartered in New York City. Market Capitalization (2011, USD Billions) - 4,687; Trade Value (2011, USD
Billions) – 13,552.
Second largest stock exchange in the world by market capitalization and trade value. The exchange is owned
by NASDAQ OMX Group which also owns and operates 24 markets, 3 clearinghouses and 5 central securities depositories supporting
equities, options, fixed invome, derivatives, commodities, futures and structured products. It is a home to approximately
3,400 listed companies and its main index is the NASDAQ Composite, which has been published since its inception. Stock market
is also followed by S&P 500 index.
3. Tokyo Stock Exchange - Headquartered in Tokyo. Market Capitalization (2011, USD Billions) – 3,325; Trade Value (2011, USD Billions)
– 3,972.
Third largest stock exchange market in the world by aggregate market capitalization of its listed companies.
It had 2,292 companies which are separated into the First Section for large companies, the Second Section for mid-sized companies,
and the Mothers section for high growth startup companies. The main indices tracking Tokyo Stock Exchange are the Nikkei 225
index of companies selected by the Nihon Keizai Shimbun, the TOPIX index based on the share prices of First Section companies,
and the J30 index of large industrial companies. 94 domestic and 10 foreign securities companies participate in TSE trading.
The London Stock Exchange and the Tokyo Stock Exchange are developing jointly traded products and share technology.
4. London Stock Exchange - Headquartered in London. Market Capitalization (2011, USD Billions) – 3,266; Trade Value (2011, USD
Billions) – 2,871.
Located in London City, it is the oldest and fourth-largest stock exchange in the world. The Exchange was
founded in 1801 and its current premises are situated in Paternoster Square close to St Paul’s Cathedral. It is the
most international of all the world’s stock exchanges, with around 3,000 companies from over 70 countries admitted to
trading on its markets. The London Stock Exchange runs several markets for listing, giving an opportunity for different sized
companies to list. For the biggest companies exists the Premium Listed Main Market, while in terms of smaller SME’s
the Stock Exchange operates the Alternative Investment Market and for international companies that fall outside the EU, it
operates the Depository Receipt scheme as a way of listing and raising capital.
It is the world’s 5th largest stock market by market capitalization and one of the two stock exchanges
operating independently in the People’s Republic of China. Unlike the Hong Kong Stock Exchange, the SSE is not entirely
open to foreign investors. The main reason is tight capital account controls by Chinese authorities. The securities listed
at the SSE include the three main categories of stocks, bonds, and funds. Bonds traded on SSE include treasury bonds, corporate
bonds, and convertible corporate bonds. The largest company in SSE is PetroChina (market value – 3,656.20 billion).
6. Hong Kong Stock Exchange - Headquartered in Hong Kong. Market Capitalization (2011, USD Billions) – 2,258; Trade Value (2011, USD
Billions) – 1,447.
It is the third largest stock exchange in Asia and the sixth largest in the world in terms of market capitalization.
Hong Kong Stock Exchange (SEHK) has about 1,477 listed companies and it operates securities market and a derivatives market
in Hong Kong and the clearing houses for those markets. The three largest stocks by market capitalisation in Hong Kong Stock
Exchange are PetroChina, Industrial & Commercial Bank of China, and China Mobile.
7. Toronto Stock Exchange - Headquartered in Toronto. Market Capitalization (2011, USD Billions) – 1,912; Trade Value (2011, USD
Billions) – 1,542.
It is the largest stock exchange in Canada and the third largest in North America. Toronto Stock Exchange
is owned by and operated as a subsidiary of the TMX Group for the trading of senior equities. A broad range of businesses
from Canada, the United States, Europe, and other countries are represented on the exchange. The exchange lists conventional
securities, exchange-traded funds, split share corporations, income trusts and investment funds. Toronto Stock Exchange is
the leader in the mining and oil & gas sector, including such companies like Cameco Corporation, Canadian Natural Resources
Ltd., EnCana Corporation, Husky Energy Inc., Imperial Oil Ltd., and others.
Founded in 1890, today BM&F Bovespa is the largest stock exchange in South America and 8th largest in
the world by market capitalization. It is the most important Brazilian institution to intermediate equity market transactions
and the only securities, commodities and futures exchange in Brazil. BM&F Bovespa acts as a driver for the Brazilian capital
markets. There are about 381 listed companies at Bovespa and its benchmark indicator is the Indice Bovespa.
9. Australian Securities Exchange - Headquartered in Sydney. Market Capitalization (2011, USD Billions) – 1,198; Trade Value (2011, USD
Billions) – 1,197.
The Australian Securities Exchange is Australia’s primary securities exchange and it was created back
in 2006 when the merger of Australian Stock Exchange and the Sydney Futures Exchange took place. Today Australian Securities
Exchange is 9th largest stock exchange in the world by market capitalization and has an average daily turnover of 4,685 billion
dollar. Products and services available for trading on ASX include shares, futures, exchange traded options, warrants, contracts
for difference, exchange-traded funds, real estate investment trusts, listed investment companies and interest rate securities.
The major market index is the S&P/ASX 200.
10. Deutsche Börse - Headquartered in Frankfurt. Market Capitalization (2011, USD Billions) – 1,185; Trade Value (2011, USD
Billions) – 1,758.
Deutsche Börse is one of the world’s leading exchange organisations providing investors, financial institutions
and companies access to global capital markets. The exchange covers the entire process chain from securities and derivatives
trading, clearing, settlement and custody, through to market data and the development and operation of electronic trading
system. Deutsche Börse has an approximately 765 listed companies with a combined market capitalization of 1,185 trillion USD.
American Banker Banking news and financial information about banking technology, community banking, regulatory and compliance issues,
bank rankings, and other resources.
Asian Banker Provider of strategic intelligence on the financial services industry, focusing on financial situations and events in
Asia.
Bank Director Magazine for directors of financial companies. Focuses on the information board members need on the hottest topics in
banking - from mergers and acquisitions to retail strategies, compensation to technology.
Barrons Written for individual and institutional investors, magazine provides the latest news and analysis on market developments,
plus predictions for what lies ahead.
Capital Growth Covers private capital, venture capital, and growth company financing for lawyers, accountants, entrepreneurial businesses
and start-ups.
Cashflow Magazine Free, bi-monthly online magazine that includes tips, articles and advice about improving the cash flow of your business.
CFO Insight Daily news reporting with in-depth features and incisive commentary from editorial staff as well as prominent experts.
Serving information needs of chief financial officers across Europe.
Commodities Now Features news and analysis on major traded commodity markets including energy and power, base and precious metals, agriculturals,
and softs.
CPI Financial Banking and finance news website covering conventional finance within the MENA region and Islamic finance around the world.
Credit Union Journal Gives coverage of the issues that affect your business, whether it be investments, member relationship management, small
business services, legislative changes, or any other pertinent topics.
Cultural Currency Daily current affairs articles focussing on currency exchange.
Currency News Independent financial news publication, specialising in daily reports from the world currency markets.
Euromoney Covers key developments in debt, structured credit, equity, fund management, corporate finance, FX, and regional markets
including Asia, Latin America, and EMEA.
Euro Exchange Rate News Daily financial news websites, specialising in currency exchange rates and forecasts.
Finance Gates Provides independent financial advice on personal finance: banking, funds, investing, insurance and billing.
Financial Times Leading newspaper of international business, finance, politics, and economics.
Futures Magazine covers fundamental and technical trading strategies, updates on technical analysis techniques, technology updates
and market news that affects traders worldwide.
Grant's Identifies investment opportunities in a range of markets at both extremes of valuation, high and low alike.
Green Money Promotes the awareness of socially and environmentally responsible business, investing and consumer resources.
Inside Mortgage Finance Provides business-to-business news and statistics to executives in the residential mortgage business.
Kapitall Wire Market insights with a focus on investing ideas, current analysis and lively commentary.
Kiplinger's Timely, trusted, personal business Financial Advice and business forecasts.
Pensions & Investments International newspaper of money management. Includes daily news about institutional investing, performance stats, RFPs
and recruitment ads.
PolStock Targeting Polish and international investors interested in the Warsaw Stock Exchange.
Smart Investor Magazine focuses on equity investment, both in little known small and mid-sized stocks striving to make their mark on
corporate Australia and heavyweight blue-chip companies.
Smart Money Daily stock and mutual fund recommendations, hourly market updates, personal finance investing research tools and advice,
and up to the minute stock and mutual fund quotes and charts.
Stock Market Digital Site for Stockmarket professionals and executives responsible for all aspects of managing this environment.
Stock Price Today Providing free real time stock prices, market information, news and tools for investors based in the U.S.
Trusts and Estates Magazine publishes the works of the top practitioners in estate planning, trusts, insurance and other wealth-management
disciplines.
Waters Delivers coverage and analysis about how financial services firms are using the latest financial technology and market
data.
World Finance Critically acclaimed bi-monthly magazine and website providing in-depth coverage and analysis of the financial industry
and global economy.
A.M. Best Premier source of insurance news and information.
Agent's Sales Journal Provides insurance agents with practical and fresh tips on marketing, prospecting, products, and more.
Best's Review Magazine contains news coverage of the worldwide insurance industry.
Business Insurance Insurance magazine featuring corporate risk management, employee benefits and managed health care news.
Canadian Underwriter Offers insurance industry news and articles, industry calendar of events, chatroom, online company showcase, more.
Chartered Insurance Institute Source of technical and market information on insurance, risk and related financial services and an international gateway
to other published material on these subjects, whether online or printed.
Claims Magazine Trade publication covering property and casualty insurance losses.
Insurance & Technology Magazine provides business technology professionals with the insights they need to achieve their goals. From in-depth
technology coverage and analysis, to perspectives on the latest trends that help achieve business and customer value. CLICK HERE to subscribe.
Insurance Journal Property and casualty magazine for independent insurance agents and brokers.
Insurance Networking News Contains news and analysis on the impact information technology has on a company's bottom line, and how to use electronic
networking to improve the quality of insurance products and services.
Insurance News Net Industry related news, product introductions, discussion groups, free classifieds, and sales tips.
Post Magazine provides coverage of all issues of interest to the UK insurance industry through news and analysis, comment,
topical features and technical articles.
Risk & Insurance Independent magazine for risk executives offering targeted news, columns and features, risk search functions and more.
Risk Management Magazine serves executives responsible for risk and insurance management in business and industrial firms, public administration
and government, insurance companies and their agents and brokers, business services and others.
Risk Retention Reporter Provides information on risk retention groups and purchasing groups for affinity group liability buyers and insurance
professionals in the alternative risk transfer marketplace.
Rough Notes America's oldest national insurance magazine.
Asian Business Strategy Online magazine providing research articles, features, commentary and columns on business & management in Asia.
BTS Blog providing strategy alignment and execution news and ideas from experts.
Business Standards Focuses on the role that quality and standards play in business. Regular features include interviews with leading business
figures with news and views on the latest developments in management systems, registration and standards.
CEO Magazine Australia's business magazine focused directly at high-level executives in Australian companies.
Chief Executive Magazine written for CEOs and their peers. Provides ideas, strategies and tactics for top executive leaders seeking to
build more effective organizations.
Corporate Board Member Magazine for directors and board members serving on boards of publicly traded companies. Covers executive officer boardroom
issues - mergers, acquisitions, corporate governance, shareholders, IPOs, more.
Dialogue Publication covers varying business topics relevant to leaders in different management functions and different geographical
locations.
Disaster Recovery Journal Publication dedicated to the field of disaster recovery and business continuity.
Emergence Publication addresses complexity issues in management and integrates multiple perspectives in management theory, research,
practice and education.
European CEO Delivered quarterly to c-suite executives in 28 countries throughout Europe. Based in London, provides the numbers, detailed
analysis, strategy and guidance needed to make qualified business decisions in Europe's diverse marketplace.
Government Executive Government's business news daily and the premier web site for federal managers and executives.
Management Issues Focuses on the leadership, management and people issues that are at the heart of the changing workplace.
Management Today Leading UK magazine in management and business thinking, human resources, leadership, corporate social responsibility,
operations, technology, and expert opinions.
Meetings & Conventions Magazine of international community of meeting and incentive managers.
Perdido Features articles, profiles of organizations and their programs, and book reviews in the fields of leadership, human relations,
and management.
Performance Management Online magazine dedicated to examining, discussing and sharing the numerous and varied applications of PM technology with
its readers.
Selling Power Magazine for professional selling skills, motivation and sales management know-how in the business- to-business environment.
strategy+business Delivers penetrating insights and practical guidance about management, innovation, public policy, strategy, and more.
Workforce Management Provides information on employment law, human resource development and human resource management.
TITLE
Top 10 Business Magazines 1 Bloomberg Businessweek
50 issues per year
Bloomberg Businessweek magazine offers surprising and timely perspectives on the most important issues of today and unique
stories you wont find anywhere else. Your paid subscription to Bloomberg Businessweek also includes free access to the iPad
app, Bloomberg Businessweek+.
2 The Economist
51 issues per year
The Economist is a global weekly magazine. Each issue of The Economist explores domestic and international issues, business,
finance, current affairs, science, technology and the arts.
3 WIRED
12 issues per year
WIRED magazine delivers the latest news and reviews on current trends in the world of technology, business and culture.
Also find gear, gadget and gizmo reviews and articles on innovative people and ideas in each issue of WIRED magazine.
4 Fortune
20 issues per year
Fortune magazine offers readers an unparalleled look at business and economic news, with incomparable access to business
drivers around the globe. Fortune magazine also provides practical advice on personal and annual lists like the "Most Powerful
Women" and "Fortune 500."
5 Forbes
26 issues per year
Forbes magazine provides the most recent news about trends and developments in global business, financial markets and
personal finance. Forbes magazine is known for its lists like the "200 Best Small Companies" and "100 Top Celebrities."
6 Fast Company
10 issues per year
Fast company magazine is the how-to magazine that keeps managers abreast of emerging business trends and ideas. Fast
Company magazine sets the idea agenda for the future of business.
7 Money
12 issues per year
Money magazine helps you reach your financial goals with smart, no-nonsense tips and strategies to make the most of your
money.
8 Entrepreneur
12 issues per year
Entrepreneur magazine is the authority for small business owners starting, managing and growing successful small businesses.
Entrepreneur magazine offers inspiration, strategies and expert advice on a variety of small business topics.
9 Inc.
10 issues per year
The magazine for growing companies, Inc. provides managers with the hands-on tools and information needed to grow small
to mid-size companies.
10 Consumer Reports
13 issues per year
Consumer Reports magazine provides readers with unbiased reports on cars, home appliances, electronics, food, health
and more. To ensure unbiased reporting, Consumer Reports magazine does not accept advertising. Subscription includes the Annual
April Auto Issue and a year-end 360-page buying guide.
Air Cargo World World's leading monthly magazine dedicated to the international airfreight industry.
Air Transport World Leading monthly magazine serving the needs of the global airline and commercial air transport manufacturing communities.
Covers airline management issues, information technology, safety & security, alliances, distribution, airport development
, air cargo, more.
Aircraft Maintenance Technology Source for technological advancements, maintenance alerts, news, articles, events, and careers.
American Shipper Magazine designed to serve the information needs of shippers, carriers and third parties involved in international transportation
and for executives managing international logistics and supply chains.
Courier Magazine Features articles on the courier and deliver industry, expedited delivery and courier industry news as well as many other
sources for courier and expedited delivery service information.
E-logi.net Daily news site of global logistics industries.
Fleet Owner Magazine written for managers of commercial-trucking fleets. Provides information about operations, vehicle maintenance,
industry regulations and information-management technology.
Journal of Commerce Weekly magazine and online resource focused on global trade and logistics intelligence.
Inbound Logistics Free magazine featuring the freshest ideas in sourcing, logistics and transportation to business professionals.
Land Line Magazine Provides news and feature articles to keep professional truckers updated on legislation, industry activities and trends,
and how these affect their business.
Logistics Management Monthly magazine for supply chain professionals.Offer industry news and in-depth analysis on the major forms of freight
transportation (truck, maritime, air and rail/intermodal), plus information on products, technologies, government regulations
and international logistics.
Logistics Today Magazine providing tactical information about the fundamentals of logistics - moving information, materials and products
efficiently through all stages of the supply chain.
Marine & Industrial Report Trade newspaper covering the latest news and happenings in the marine industry.
Marine Log America's leading marine industry magazine.
School Bus Fleet Provides a wealth of information on the management and maintenance of school bus fleets.
Supply Chain Digest Magazine for supply chain management and logistics practioners to find information, news, and tools. Covers logistics
management, distribution, RFID, material handling, transportation, supply chain software, and more.
The Trucker National newspaper covering the truckload sector of the trucking industry for both company management and over-the-road
drivers.
World Highways Dedicated to all aspects of road infrastructure worldwide, from the planning, construction and maintenance of highways
to tolling, safety and traffic management systems.
AllPages.com Searchable "yellow pages" directory for all the US States.
BPubs.com Search engine that exclusively indexes business articles, publications, tutorials, and other business content.
Business.com Leading business search engine and directory designed to help its users find the companies, products, services, and information.
Factiva Offers a collection of business intelligence and news sources, and powerful searching to provide customers with relevant
information to inspire their business decisions.
Kellysearch B2B product search engine to find US industrial goods and services suppliers.
Kompass Access information on millions companies, key product and service references, executive names, trade and brand names all
over the world.
Manta Gives users access to data and analysis from some of the world's leading business publishers. Search for business listings,
profiles, and reports.
The Big Bear bald eagles, Jackie and Shadow, have been nesting in Big Bear Valley since 2013, This is the first time
in three years that they have successfully hatched eaglets. In 2019, they had two chicks; and in 2022, they had one. This
year they had three eaglets, but one of the three eaglets that hatched in early March did not survive a storm. It passed
away on March 13, 2025.
NAMING CONTEST
The "Friends of Big Bear Valley" (FOBBV) are hosting a naming contest for the two surviving eaglets.
The Friends are inviting the public to submit name suggestions until March 28, 2025.
The FOBBV is asking for gender-neutral name suggestions and is accepting donations of $5 for one entry, $10 for three entries,
or $25 for 10 entries. The final names will be chosen by Big Bear Valley elementary school students in 3rd, 4th, and 5th
grades. The winners will be announced on April 1, 2025.
EAGLE CAM
The FOBBV operates a 24/7 live webcam of Jackie and Shadow's nest, which has drawn thousands of viewers worldwide.
The organization relies on donations to maintain the livestream, which is free from advertisements. Donations are appreciated!
The Bald Eagle is a large, powerful bird that has been the national symbol of the United States since 1782. It is a member
of the Accipitridae family and is found near large bodies of water throughout North America. Here are some key facts about
the Bald Eagle:
EAGLE BEHAVIOR & HABITAT
SIZE: 3 feet in length, 6-7 feet in wingspan, and 10-14 pounds in weight.
HABITAT: Found near large bodies of water, such as lakes, rivers, and coastlines.
DIET: Primarily feeds on fish, but also eats other small animals and carrion.
CONSERVATION STATUS: Listed as a species of Low Concern, but was once endangered due to habitat destruction, hunting, and
pesticide use.
INTERESTING BEHAVIORS
Bald Eagles are known for their impressive eyesight, which allows them to spot fish up to a
mile away. They are also skilled thieves, and have been known to steal food from other birds.
NESTING: Bald Eagles build large nests, called eyries, which can weigh up to 2,000 pounds and measure 10 feet wide and 6 feet
deep. These nests are often used for many years and may be added to over time.
MATING: Bald Eagles form long-term monogamous relationships, with some pairs staying together for up to 20 years.
BREEDING: Bald Eagles typically breed between March and May, with the female laying 1-4 eggs per clutch.
HUNTING: Bald Eagles are skilled hunters, using their sharp talons and strong wings to swoop down on their prey. They can
also steal food from other birds, such as osprey and hawks.
MIGRATION: While some Bald Eagles are migratory, others are resident birds that stay in their year-round territories.
Some Bald Eagles migrate from Canada and Alaska to the contiguous United States each winter, while others remain in their
year-round territories. Those that migrate typically travel in large groups, often with other species such as osprey and hawks.
HUNTING TECHNIQUES: Bald Eagles are skilled hunters, using a variety of techniques to catch their prey. Some of their methods
include:
DIVING: Bald Eagles will swoop down from high altitudes, using their sharp talons to snatch fish right out of the water.
PERCHING: Bald Eagles will perch above a body of water, scanning for fish and other prey below.
STEALING: Bald Eagles will steal food from other birds, such as osprey and hawks.
PREY: Bald Eagles primarily feed on fish, but will also eat other small animals such as; rabbits, squirrels, mice, and
carrion.
The Bald and Golden Eagle Protection Act and The Migratory Bird Treaty Act Overview
The Bald and Golden Eagle Protection Act (BGEPA) and The Migratory Bird Treaty Act (MBTA) are two federal laws of the United
States that protect birds, including eagles. Here's a brief overview of each act:
BALD EAGLE CONSERVATION STATUS
The Bald Eagle is no longer considered an endangered species in the United States. In 2007, the federal government removed
the Bald Eagle from its endangered species list, and in 2024, New Jersey removed the Bald Eagle from its endangered species
list, citing a remarkable comeback for the species.
Regardless, the Bald Eagle's status remains of "special concern" in New Jersey, and the species is still protected under The
Bald and Golden Eagle Protection Act and the Migratory Bird Treaty Act. Additionally, the U.S. Fish and Wildlife Service has
proposed listing three subspecies of the Bald Eagle as endangered and two species as threatened under The Endangered Species
Act.
It's worth noting that while the Bald Eagle is no longer considered endangered, conservation efforts are still necessary to
protect the species and its habitats. Ongoing monitoring, habitat preservation, and public education are key to ensuring the
species' continued success.
THE PROTECION LAWS: Bald and Golden Eagle Protection Act and the Migratory Bird Treaty Act
The Bald and Golden Eagle Protection Act (BGEPA):
was enacted in 1940 to protect Bald Eagles and Golden Eagles
The Law prohibits the taking, possession, sale, purchase, barter, transportation, and exportation of bald and golden eagles,
including their parts, nests, and eggs
The Law allows for certain exceptions, such as: •
Permits for scientific research, education, and conservation
• Permits for Native American tribes for cultural and spiritual purposes • Permits for the use of eagle parts
in traditional crafts and ceremonies
The Migratory Bird Treaty Act (MBTA):
was enacted in 1918 to implement international treaties with Canada, Mexico, and Japan to protect migratory birds
The Law prohibits the taking, possession, sale, purchase, barter, transportation, and exportation of migratory birds, including
their parts, nests, and eggs
Covers over 800 species of birds, including waterfowl, songbirds, raptors, and game birds
The Law allows for certain exceptions, such as: • Permits for hunting and trapping under specific regulations •
Permits for scientific research, education, and conservation • Permits for the use of bird parts in traditional crafts
and ceremonies
KEY PROVISIONS & PENALTIES
Both acts have similar provisions and penalties for violating the laws. Some key points include:
Penalties: Up to $100,000 in fines and/or up to one year in prison for individuals, and up to $200,000 in fines for organizations
Permits: Required for activities such as hunting, trapping, and possession of bird parts
Reporting: Required for the sale, purchase, and transportation of bird parts
Import and Export: Prohibited without a permit from the US Fish and Wildlife Service
Sottile Park Online Worldwide (SPOW) is a virtual cybercast park, offering users the ability to explore various locations
around the world through established web links. The cyber portal is named after Anthony W. Sottile, civic leader & family
man from The Heart of The Berkshires of New England. Virtually located in Pittsfield, Massachusetts, SPOW! allows users to
"travel around the world in one day" or "visit the world in 80 seconds." The website provides media links, add-ons, and promotional
tools for users to enhance their knowledge and experience, online.
Copyright 2010 to Present JDS / John David Sottile
