April 2018 FTSE Mondo Visione Exchanges Index Monthly Analysis

The FTSE Mondo Visione Exchanges Index is a comprehensive measure of all publicly traded stock exchanges and trading floors:

Australian Securities Exchange Ltd Hong Kong Exchanges and Clearing Ltd B3 SA IntercontinentalExchange Bolsa Mexicana de Valores SA Japan Exchange Group Bolsa y Mercado Espanoles Johannesburg Stock Exchange Ltd BSE London Stock Exchange Group Bulgarian Stock Exchange - Sofia Moscow Exchange Bursa de Valori Bucuresti SA Multi Commodity Exchange of India Bursa Malaysia Nairobi Securities Exchange Cboe Global Markets Nasdaq CME Group New Zealand Exchange Ltd Deutsche Bourse Philippine Stock Exchange Dubai Financial Market Singapore Exchange Ltd Euronext TMX Group Hellenic Exchanges SA Warsaw Stock Exchange

INDEX VALUE

Index Value 30/04/2018 50664.59 30/03/2018 51176.7 Closing all-time high - 12 March 2018 53408.58 Source: FTSE Group, data as at 30 April 2018

PERFORMANCE

Capital Return YTD (USD%) 6.7 1M (USD%) -1 12M (USD%) 28.2 Source: FTSE Group, data as at 30 April 2018

CONSTITUENT MARKET CAPITALISATION AND CAPITAL RETURN RANKED BY 1 MONTH PERFORMANCE (USD TERMS)

Constituent Name Country Net Market Cap 1M Performance (%) YTD Performance 12M Performance (USDm) (%) (%) Multi Commodity Exchange of India India 173 14.1 -18.3 -38.2 Hellenic Exchanges SA Greece 350 9.9 -0.5 23.9 BSE India 133 6.5 -13.3 -20.9 TMX Group Limited Canada 3,295 4.2 7.5 7.1 Bolsas y Mercados Espanoles Spain 2,680 3.9 10.2 -1.9 Singapore Exchange Singapore 4,784 3.7 4.7 10.1 ASX Australia 8,562 2.9 3.1 16.7 Nasdaq USA 10,031 2.4 15 28.2 London Stock Exchange Group United Kingdom 18,503 2.3 15.4 35.3 Bolsa Mexicana de Valores SAB de CV Mexico 843 0.9 11 11.3 Hong Kong Exchanges & Clearing Hong Kong 40,631 0.8 6.8 33 Japan Exchange Group Japan 9,969 0.1 6.6 32.5 JSE South Africa 1,331 0.1 26 47.2 Intercontinental Exchange USA 41,572 -0.1 2.7 20.4 Deutsche Boerse Germany 25,199 -0.8 16.1 37.9 NZX Ltd New Zealand 204 -1.4 -4.5 3.6 Euronext France 5,018 -1.8 15.4 46.4 Bursa Malaysia Malaysia 949 -2 10.4 18.5 CME Group USA 53,317 -2.5 8 35.7 S.C. Bursa de Valori Bucuresti S.A. Romania 58 -2.5 2.2 -4.9 Bulgarian Stock Exchange Bulgaria 12 -3.4 7 110.8 Moscow Exchange Russia 2,709 -5.8 1.3 -5 Dubai Financial Market United Arab Emirates 431 -5.8 -12.5 -14.8 Nairobi Securities Exchange Kenya 50 -5.9 3.8 56.9 Cboe Global Markets USA 11,888 -6.4 -14.3 29.6 Warsaw Stock Exchange Poland 302 -6.6 -16.7 -3.7 Philippine Stock Exchange Philippines 312 -6.7 -11.6 -11.5 B3 SA Brazil 14,257 -9.7 5.6 22.1 Source: FTSE Group, data as at 30 April 2018

CONSTITUENT CAPITAL RETURNS RANKED BY 1 MONTH PERFORMANCE (LOCAL CURRENCY TERMS)

Constituent Name Country Currency 1M Performance (%) YTD Performance 12M Performance (%) (%) Multi Commodity Exchange of India India INR 16.7 -14.5 -35.9 Hellenic Exchanges SA Greece EUR 11.8 -1.1 11.7 BSE India INR 9 -9.4 -18 Bolsas y Mercados Espanoles Spain EUR 5.7 9.5 -11.6 JSE South Africa ZAR 5.5 27.1 37.3 Singapore Exchange Singapore SGD 4.7 3.8 4.3 ASX Australia AUD 4.6 6.9 15.6 London Stock Exchange Group United Kingdom PNC 4.2 13.4 27.1 Bolsa Mexicana de Valores SAB de CV Mexico MXN 3.9 6.6 10.2 TMX Group Limited Canada CAD 3.6 9.9 0.4 Moscow Exchange Russia RUB 3.2 10.8 5 Japan Exchange Group Japan JPY 3 3.5 30 Nasdaq USA USD 2.4 15 28.2 NZX Ltd New Zealand NZD 0.9 -3.6 0.9 Deutsche Boerse Germany EUR 0.9 15.3 24.3 Hong Kong Exchanges & Clearing Hong Kong HKD 0.8 7.3 34.2 Euronext France EUR 0 14.6 31.9 Intercontinental Exchange USA USD -0.1 2.7 20.4 Bursa Malaysia Malaysia MYR -0.6 7 7.1 S.C. Bursa de Valori Bucuresti S.A. Romania RON -0.7 1.4 -11.9 Bulgarian Stock Exchange Bulgaria BGN -1.7 6.4 90 CME Group USA USD -2.5 8 35.7 Warsaw Stock Exchange Poland PLN -4.5 -16 -13.1 B3 SA Brazil BRL -5.2 11.1 33.1 Dubai Financial Market United Arab Emirates AED -5.8 -12.5 -14.8 Cboe Global Markets USA USD -6.4 -14.3 29.6 Nairobi Securities Exchange Kenya KES -6.6 0.8 52.7 Philippine Stock Exchange Philippines PHP -7.5 -8.3 -8.3 Source: FTSE Group, data as at 30 April 2018

1 YEAR PERFORMANCE CHART OF THE FTSE MONDO VISIONE EXCHANGES INDEX (USD CAPITAL RETURN)

12 Mar 2018: FTSE Mondo Visione 54,000 Exchanges Index reaches new 29 Nov 2017: London Stock all-time record closing high of 53,408.58 Exchange Group announces CEO Xavier Rolet will step down immediately 52,000

19 Oct 2017: London Stock Exchange Group starts search 23 May 2017: Euronext for successor to CEO Xavier Rolet 50,000 to buy 90% of FastMatch, the fastest-growing ECN in the spot FX market 13 2017: Deutsche Boerse AG paves the way to closure of investigation 48,000 25 May 2017: B3, Bradesco proceedings and Itaú Unibanco invest in Fintech company, R3 to accelerate DLT development 09 Feb 2018: Indian Exchanges raises concern of liquidity flight arising from use of their data 46,000 to create products traded and

Index Value Index 03 Jul 2017: China Foreign Exchange settled outside India Trade Systemand Hong Kong Exchanges and Clearing Limited launch Bond Connect 27 Mar 2018: Euronext 44,000 completes The Irish Stock 26 Oct 2017: Deutsche Exchange plc acquisition Boerse AG CEO Carsten Kengeter informs Supervisory Board he will 42,000 14 Aug 2017: Euronext step down at year-end 29 Mar 2018: CME Gr oup completes acquisition of Inc announces NEX about 90% of the 18 Dec 2017: CME Group plc acquisition FastMatch ECN launches its CME 10 Dec 2017: CBOE Global bitcoin futures Markets, Inc's Cboe bitcoin contract (BTC) 40,000 05 Apr 2018: Intercontinental 13 Jun 2017: Brazil's CVM approves futures (XBT) start trading as Exchange enters into agreement to BM& FBOVESPA S.A . name change planned acquire Chicago Stock Exchange to B3 S.A. – Brasil, Bolsa, Balcão and merger with Cetip

38,000

Source: FTSE Group, data as at 30 April 2018 © FTSE International Limited

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