Tuesday, September 29, 2009

Non-bank Foreign Exchange Companies

Non-bank foreign exchange companies offer currency exchange and international payments to private individuals and companies. These are also known as foreign exchange brokers but are distinct in that they do not offer speculative trading but currency exchange with payments. I.e., there is usually a physical delivery of currency to a bank account.

It is estimated that in the UK, 14% of currency transfers/payments[10] are made via Foreign Exchange Companies.[11] These companies' selling point is usually that they will offer better exchange rates or cheaper payments than the customer's bank. These companies differ from Money Transfer/Remittance Companies in that they generally offer higher-value service

Major stock exchanges

Twenty Major Stock Exchanges In The World: Market Capitalization & Year-to-date Total Turnover at the end of May 2009

Region ↓ Stock Exchange ↓ Market Value
(millions USD) ↓
Total Share Turnover
(millions USD) ↓
Africa Johannesburg Securities Exchange 605,040.2 117,424.7
Americas NASDAQ 2,773,684.3 12,256,704.3
Americas São Paulo Stock Exchange 920,263.9 191,926.1
Americas Toronto Stock Exchange 1,347,674.0 490,912.4
Americas New York Stock Exchange 9,574,066.6 7,986,835.8
Asia-Pacific Australian Securities Exchange 839,062.7 273,205.9
Asia-Pacific Bombay Stock Exchange 1,032,589.6 83,906.6
Asia-Pacific Hong Kong Stock Exchange 1,773,002.2 519,465.7
Asia-Pacific Korea Exchange 640,357.6 618,607.8
Asia-Pacific National Stock Exchange of India 968,815.1 242,641.7
Asia-Pacific Shanghai Stock Exchange 2,069,937.1 1,685,862.2
Asia-Pacific Shenzhen Stock Exchange 563,103.3 880,744.6
Asia-Pacific Tokyo Stock Exchange 3,102,492.9 1,561,888.8
Europe Euronext 2,262,751.6 742,885.6
Europe Frankfurt Stock Exchange (Deutsche Börse) 1,132,126.2 1,101,064.6
Europe London Stock Exchange 2,204,320.0 1,483,263.3
Europe Madrid Stock Exchange (Bolsas y Mercados Españoles) 1,084,606.4 591,217.3
Europe Milan Stock Exchange (Borsa Italiana) 554,613.9 341,421.1
Europe Nordic Stock Exchange Group OMX1 664,465.8 319,398.1
Europe Swiss Exchange 854,369.0 272,201.5

^Note 1 includes the Copenhagen, Helsinki, Iceland, Stockholm, Tallinn, Riga and Vilnius Stock Exchanges

Australian Securities Exchange's Sydney Exchange Centre in Sydney.

The main stock exchanges:

See also: Category:Stock exchanges

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