Which stock exchange is considered the largest equities-based exchange in the world?

The New York Stock Exchange (NYSE) is recognized as the largest equities-based exchange in the world due to its significant market capitalization and the vast number of shares traded daily. It has a rich history dating back to 1792, when it was established, and has evolved into a global leader in facilitating the buying and selling of stocks.

One of the primary reasons for the NYSE's prominence is the sheer size of the companies listed on its platform. Many of the largest and most established companies in the world, often referred to as "blue-chip" stocks, are traded on the NYSE. This concentration of large, financially sound companies attracts a considerable amount of investment, contributing to high trading volumes.

In contrast, while the NASDAQ is also a major stock exchange and known for its technology-oriented listings, it does not surpass the NYSE in terms of overall market capitalization. The American Stock Exchange (AMEX) and the Tokyo Stock Exchange, while significant in their own right, do not rival the NYSE's size and influence on the global stage. The NYSE's established infrastructure, regulatory framework, and reputation as a premier listing venue further solidify its status as the largest equities-based exchange in the world.