RSS

Tokyo Stock Exchange – Tokyo, Japan

03 May

Author: Steve

On our way in to our tour

We are walking distance from the Tokyo Stock Exchange (TSE) and I thought it would be a great learning experience for all of us to go check it out.  I know you’re probably thinking (sarcastically), ‘wow sounds like loads of fun’.  Well I’m happy to report that it was a great visit.  The TSE provides a free 1.5 hour English guided tour so we signed up. It ended up being the four of us on the tour and one woman from England. The lady that gave us the tour has been with the TSE for over 40 years and will retire in September.  She was very young for her age and provided us with a great tour.  It started with a 25 minute video presentation that outlines the details of how a stock exchange works, the beginning of the TSE even before it was officially established on May 15,1878, to today where there are no longer any traders on the floor and it has been computerized since 1974.

Looking at the heart of the Tokyo Stock Exchange

We were fortunate to not only learn but to actually see how this stock exchange works. What stood out for all of us was how large the US market is in comparison to all other countries.  The NYSE has a market cap of over $14 trillion, the next largest stock exchange has a market cap of about $3-4 trillion.  When you combine the NYSE and the NASDAQ, the US (even though it’s been declining over the years) still holds over 30% of the worlds market cap.

This was a great learning experience, well worth the visit!

Advertisements
 
1 Comment

Posted by on May 3, 2012 in Japan

 

One response to “Tokyo Stock Exchange – Tokyo, Japan

  1. Carey

    May 4, 2012 at 5:52 pm

    Incredible!

     

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: