Biology Forums - Study Force

https://en.wikipedia.org/wiki/Stock_exchange

What are the Total number of stock exchanges in the world?

Can we get the complete list of stock exchanges country wise?

What are the different reasons if any country do not have stock exchanges?

Thanks & Regards,
Prashant S Akerkar

Thanks.

What could be the different reasons for countries not having stock exchanges?

Reasons : Government rules & regulations, Economy etc

Thanks & Regards,
Prashant S Akerkar

Nearly every country has its own exchange because so many countries have their own currency, and currency permeates every part of an exchange's business.

Generally, an exchange will support transaction and settlement only in local currency. In most countries, citizens and even businesses are largely restricted to having bank accounts in local currency. There are various political reasons for this, but there it is: it is difficult or impossible to open a domestic bank account in a foreign-denominated currency. A public company headquartered in a given country will be required to publish financial statements in local currency, will be more likely to do business with the local citizenry and businesses in that currency, and so will likely look for investors from that same pool-- which generally means listing in local currency, which means on an exchange in that country.

As to why there may be many exchanges in a single country, is because many market makers profit from trading between exchanges, and so have an interest in there being many of them.

There are too many to list. In the continent of Africa alone, there are 29! https://en.wikipedia.org/wiki/List_of_African_stock_exchanges



They'd have to compiled manually. I couldn't find a complete list online.

• Andorra
• Brunei
• Burundi
• Chad
• Comoros
• Cook Islands
• Cuba
• Federated States of Micronesia
• Gambia
• Guinea-Bissau
• Kiribati
• Liechtenstein
• Marshall Islands
• Monaco
• Nauru
• Niger
• Niue
• North Korea
• Palau
• Samoa
• San Marino
• Solomon Islands
• South Sudan
• Timor-Leste
• Tonga
• Tuvalu
• Vanuatu
• Vatican City
• Yemen

These don't have exchanges because they may be a socialist, communist, or too small of a nation.

Thank you.

https://en.wikipedia.org/wiki/European_Union

Do all countries in European union have stock exchanges?

Thanks & Regards,
Prashant S Akerkar

Yes. Take a look at this list:

https://en.wikipedia.org/wiki/List_of_European_stock_exchanges

Thanks.

As you mention, the factors for countries which do not have stock exchanges could be a small nation, socialist or communist.

Any other factors?

Do you feel these nations probability which do not have currently the stock exchanges will have stock exchanges in the future?

Thanks & Regards,
Prashant S Akerkar

That summarizes most of the reasons. There may also be corruption in the countries, which scares local business from becoming public on the national scale.


Possibly, but there's a correlation which these countries and their international economic status. Most of the them are Third World nations. A 3rd World country is a developing nation characterized by poverty and a low standard of living for much of its population. Unless that changes, you're probably not going to see public market develop.

Thank you.

Do all countries in Asia Pacific & Middle East countries have Stock exchanges?

I feel all Asian & Middle East countries do not have stock exchanges.

Thanks & Regards,
Prashant S Akerkar

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