When first seeing the term “bulldog market” you might be tempted to think that it has something to do with animals or a rising stock market. Oddly enough, it has nothing to do with either of those things.
In fact, the term bulldog market  refers specifically to the stock market in Great Britain. It is nothing more than a slang term used by foreign investors. The name is a tip of the hat to the famous British bulldog.
Other markets are known by a variety of affectionate names as well. For example, the U.S. markets are often referred to as the “Yankee” markets or the Big Board, the markets of Japan as the “samurai” markets and so forth.
While there are more than 100 stock exchanges  around the world, the number of large, policy driving exchanges is much smaller. 56 of the exchanges are regulated by the “World Federation of Exchanges.”
As of 2011 the largest exchanges world-wide were as follows:
- New York Stock Exchange 
- Tokyo Stock Exchange 
- NASDAQ  Stock Exchange
- Euronext Stock Exchange
- London Stock Exchange
- Shanghai Stock Exchange 
- Hong Kong Stock Exchange
- Toronto Stock Exchange 
- Frankfurt Stock Exchange
- Madrid Stock Exchange
There are also a number of up and coming exchanges, including the Bombay Stock Exchange, the National Stock exchange of India, the Sao Paulo Stock Exchange, the Swiss Exchange and the Australian Securities  Exchange.
International investing is an important part of any stock portfolio and some degree of familiarity with both exchanges and products bought and sold on these exchanges will help you develop a more comprehensive investment strategy.