NSE TOP BOURSE

National Stock Exchange of India (NSE) has maintained its slot as the world's largest bourse in terms of volumes in equity segment for the first quarter of 2013, while two bourses from China have replaced NYSE and Nasdaq of the US at second and third rank respectively. NSE logged in a total of 36.6 crore trades in equity segment, during January-March 2013, making it the world's largest exchange in terms of number of equity trades, as per latest data compiled by World Federation of Exchanges (WFE). However, NSE showed a month-on-month decline in terms of the number of equity trades. From 13.8 crore in January, the number of trades dipped to 11.6 crore in February and fell further to 11 crore in March. BSE, another major Indian bourse, which recorded a total of 7.7 crore equity trades in January-March 2013, is placed at the seventh spot. However, like NSE, monthly equity trades on BSE fell to two crore in March from three crore in January. While the total number of listed companies is much larger in case of the BSE, the exchange lags behind NSE significantly in terms of volume and value of trades. NSE is followed by China's Shenzhen SE and Shanghai SE in the second and third position respectively with nearly 30 crore equity trades each. Chinese bourses have replaced the US-based stock exchanges -- NYSE Euronext (US) and Nasdaq OMX. In January-March quarter 2012, NYSE Euronext held the second rank but has now slipped two spots to 4th rank, in the same period this year. Meanwhile, Nasdaq OMX also moved down to the 6th place from the third rank it held in January-March quarter a year-ago. Shanghai SE and Shenzhen SE held 5th and 6th rank respectively in the the first three months of 2012. Other bourses that made their way to top-10 list were Korea Exchange (5th), Japan Exchange Group (7th), TMX Group (9th) and London SE Group (10th).