NSE top-ranked globally for equity trades for 2nd year in 2013

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NSEThe National Stock Exchange (NSE) retained its position as the world’s largest bourse in terms of number of equity trades for the second consecutive year in 2013, while China’s Shenzhen Exchange overtook the NYSE as the second largest.

NSE recorded almost 145 crore equity trades on its platform last year, a gain of 3 percent from 2012, making it the biggest among 51 global peers, according to data with the World Federation of Exchanges (WFE).

Rival exchange BSE slipped one place to eighth position. Although it has more than 4,000 listed companies, the BSE recorded 34.46 crore trades last year, a drop of 3 percent compared to 2012.

China’s Shenzhen Stock Exchange recorded 129 crore trades, climbing three places to become the second-largest bourse in the world. Trades on the Shenzhen SE, which pushed NYSE Euronext to third place, rose 38 percent from 2012.