The World Federation of Exchanges is the organization that represents major stock exchanges around the world. Visit
Question:
a. What percentage of the world market capitalization is represented by the top 10 exchanges?
b. For the most recent year, what exchanges accounted for the largest increases in market capitalization?
c. Which exchanges have seen the greatest increase recently in the number of firms listed?
d. Worldwide consolidation trends have also affected the stock exchanges. A good example is the merger of Paris-based Euronext with the NYSE. What are the underlying causes of these cross-border mergers?
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Step by Step Answer:
a The top ten exchanges represented 76 of total revenue and 81 of total costs in 2008 httpwwwworldex...View the full answer
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2nd Edition
Authors: S. Tamer Cavusgil, Gary Knight, John R. Riesenberger
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