DOCSLIB.ORG

If You Are in Any Doubt About the Contents of This

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
If You Are in Any Doubt About the Contents of This If you are in any doubt about the contents of this Prospectus, the risks involved in investing in the Company or the suitability for you of investment in the Company, you should consult your stock broker, bank manager, solicitor, accountant or other independent financial adviser. Prices of shares in the Company’s Sub-Funds may fall as well as rise. ___________________________ MORI UMBRELLA FUND PLC (An open-ended umbrella investment company with variable capital incorporated with limited liability in Ireland under the Companies Act 2014 with registration number 282792 and established as an undertaking for collective investment in transferable securities pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, 2011, as amended and with segregated liability between Sub-Funds. ___________________________ Mori Eastern European Fund Mori Ottoman Fund Investment Manager MORI CAPITAL MANAGEMENT LIMITED Dated 22 December 2020 PRELIMINARY THIS PROSPECTUS MAY BE ISSUED WITH ONE OR MORE SUPPLEMENTS EACH CONTAINING SPECIFIC INFORMATION RELATING TO A PARTICULAR SUB-FUND. THIS PROSPECTUS AND ANY RELEVANT SUPPLEMENT SHOULD BE READ AND CONSTRUED AS ONE DOCUMENT. TO THE EXTENT THAT THERE IS ANY INCONSISTENCY BETWEEN THIS PROSPECTUS AND ANY SUPPLEMENT, THE RELEVANT SUPPLEMENT SHALL PREVAIL. This Prospectus does not constitute, and may not be used for the purposes of, an offer or solicitation to anyone in any jurisdiction in which such offer or solicitation is not authorised, or to any person to whom it is unlawful to make such offer or solicitation. The distribution of this Prospectus and the offering of Shares in certain jurisdictions may be restricted and, accordingly, persons into whose possession this Prospectus comes are required to inform themselves about, and to observe, such restrictions. Prospective investors should inform themselves as to (a) the legal requirements within their own jurisdictions for the purchase or holding of Shares, (b) any foreign exchange restrictions which may affect them, and (c) the income and other tax consequences which may apply in their own jurisdictions relevant to the purchase, holding or disposal of Shares. The latest published annual and half yearly reports of the Company will be supplied to the Shareholders free of charge on request and will be available to the public as further described in the section of the Prospectus headed “Report and Accounts”. The Directors of the Company, whose names appear under the heading "Management and Administration of the Company", accept responsibility for the information contained in this Prospectus. To the best of the knowledge and belief of the Directors (who have taken all reasonable care to ensure that such is the case) such information is in accordance with the facts and does not omit anything likely to affect the import of such information. The Directors accept responsibility accordingly. Investors should note that because investments in securities can be volatile and that their value may decline as well as appreciate, there can be no assurance that a Sub-Fund will be able to attain its objective. The price of Shares as well as the income therefrom may fall as well as rise to reflect changes in the Net Asset Value of a Sub-Fund. An investment in a Sub- Fund should only be made by those persons who could sustain a loss on their investment, should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors. Authorisation of the Company by the Central Bank does not constitute a warranty as to the performance of the Company and the Central Bank shall not be liable by virtue of its authorisation of the Company, for any default, or for the performance of the Company. Central Bank Authorisation Mori Umbrella Fund plc (the "Company") is an open-ended umbrella type investment company with variable capital authorised by the Central Bank pursuant to the UCITS Regulations. The authorisation of the Company is not an endorsement or guarantee of the Company by the Central Bank nor is the Central Bank responsible for the contents of this Prospectus. Any representation to the contrary is unauthorised and unlawful. Selling Restrictions No person has been authorised to issue any advertisement or to give any information, or to make any representations in connection with the offering, placing, subscription or sale of Shares other than those contained in this Prospectus and, if issued, given or made, such advertisement, information or representations must not be relied upon as having been authorised by the Company. Neither the delivery of this Prospectus nor the offer, placement, allotment or issue of any of the Shares shall under any circumstances create any implication or constitute a representation that the information given in this Prospectus is correct as of any time subsequent to the date hereof. M-13357750-73 2 None of the Shares have been, nor will be, registered under the United States Securities Act of 1933 (the “1933 Act”) and, except in a transaction which does not violate the 1933 Act or any other applicable United States securities laws (including without limitation any applicable law of any of the States of the United States), none of the Shares may be directly or indirectly offered or sold in the United States of America, or any of its territories or possessions or areas subject to its jurisdiction, or to or for the benefit of a US Person. Neither the Company nor any Sub-Fund will be registered under the United States Investment Company Act of 1940. The Investment Manager is not a registered investment adviser under the US Investment Advisers Act of 1940, as amended or the Private Fund Investment Advisers Registration Act 2010 and is not obligated to pursue or obtain any such registration with respect to the Company or the Sub-Funds. Notwithstanding the foregoing prohibition on offers and sales in the United States or to or for the benefit of US Persons, the Company may make a private placement of its Shares to a limited number or category of US Persons. Russia The Shares may only be purchased by persons in Russia who are qualified investors within the meaning of Russian Securities Market Federal Law. Listing on Euronext Dublin Application has been made to Euronext Dublin for the Class M USD shares of Mori Eastern European Fund to be admitted to the Official List and to trading on the Regulated Market of Euronext Dublin. This Prospectus, including all information required to be disclosed by Euronext Dublin listing requirements and procedures, comprise listing particulars for the purpose of such application. The Class A, B, AA GBP, M EUR, C GBP Shares of Mori Eastern European Fund and the Class A, C USD, C EUR, C GBP, AA GBP and M USD Shares of Mori Ottoman Fund are currently listed on Euronext Dublin. Neither the admission of the Class M USD shares of Mori Eastern European Fund to the Official List and to trading on the Regulated Market of Euronext Dublin nor the approval of the Prospectus pursuant to the listing requirements of Euronext Dublin shall constitute a warranty or representation by Euronext Dublin as to the competence of service providers to or any other party connected with the Company, the adequacy of information contained in the Prospectus or the suitability of the Company for investment purposes. The Directors confirm that there has been no significant change in the financial or trading position of the Company since 30 September 2019, the date to which the audited financial statements have been prepared, other than ordinary investments of the Company and its sub-funds. Reliance on this Prospectus Statements made in this Prospectus are based on the law and practice in force in the Republic of Ireland at the date of the Prospectus as the case may be, which may be subject to change. Neither the delivery of this Prospectus nor the offer, issue or sale of Shares in the Company shall under any circumstances constitute a representation that the affairs of the Company have not changed since the date hereof. This Prospectus will be updated by the Company to take into account any material changes from time to time and any such amendments will be notified in advance to the Central Bank. Any information or representation not contained herein or given or made by any broker, salesperson or other person should be regarded as unauthorised and should accordingly not be relied upon. Investors should not treat the contents of this Prospectus as advice relating to legal, taxation, investment or other matters. You should consult your stockbroker, accountant, solicitor, independent financial adviser or other professional adviser. The Company will, on request, provide supplementary information to Shareholders relating to the risk management methods employed including the quantitative limits that are applied and any recent developments in the risk and yield characteristics of the main categories of investments. M-13357750-73 3 Risk Factors Investors should read and consider the section entitled "Risk Factors" before investing in the Company. Translations This Prospectus may also be translated into other languages. Any such translation shall only contain the same information and have the same meaning as the English language Prospectus. To the extent that there is any inconsistency between the English language Prospectus and the Prospectus in another language, the English language Prospectus will prevail, except to the extent (but only to the extent) required by the law of any jurisdiction where the Shares are sold, that in an action based upon disclosure in a Prospectus in a language other than English, the language of the Prospectus on which such action is based shall prevail. Shareholders should note that the investment management fees, or a portion thereof, may be charged to the capital of the Company.
Load more

Recommended publications
  • Intraday Herding on a Cross-Border Exchange
    CORE Metadata, citation and similar papers at core.ac.uk Provided by CURVE/open Intraday Herding on a Cross-Border Exchange Andrikopoulos, P, Kallinterakis, V, Pedro Leite Ferreira, M & Verousis, T Author post-print (accepted) deposited by Coventry University’s Repository Original citation & hyperlink: Andrikopoulos, P, Kallinterakis, V, Pedro Leite Ferreira, M & Verousis, T 2017, 'Intraday Herding on a Cross-Border Exchange' International Review of Financial Analysis, vol 53, pp. 25-36 https://dx.doi.org/10.1016/j.irfa.2017.08.010 DOI 10.1016/j.irfa.2017.08.010 ISSN 1057-5219 Publisher: Elsevier NOTICE: this is the author’s version of a work that was accepted for publication in International Review of Financial Analysis. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in International Review of Financial Analysis, [53, (2017)] DOI: 10.1016/j.irfa.2017.08.010 © 2017, Elsevier. Licensed under the Creative Commons Attribution- NonCommercial-NoDerivatives 4.0 International http://creativecommons.org/licenses/by-nc-nd/4.0/ Copyright © and Moral Rights are retained by the author(s) and/ or other copyright owners. A copy can be downloaded for personal non-commercial research or study, without prior permission or charge. This item cannot be reproduced or quoted extensively from without first obtaining permission in writing from the copyright holder(s). The content must not be changed in any way or sold commercially in any format or medium without the formal permission of the copyright holders.
    [Show full text]
  • For Additional Information the Information on the Attached Approvals Chart Is Subject to Change at Any Time
    April 15, 2020 Attached please find the updated Foreign Listed Stock Index Futures and Options Approvals Chart, current as of April 15, 2020. All prior versions are superseded and should be discarded. Please note the following developments since we last distributed the Approvals Chart: 1. B3 S.A. has certified the Nikkei 225 index futures contract for trading by U.S. persons. 2. Eurex Exchange has certified the following futures contracts for trading by U.S. persons: (i) MSCI Europe ex UK (EUR, NTR) index futures; (ii) MSCI Japan (JPY, NTR) index futures; (iii) MSCI Saudi Arabia (USD, NTR) index futures; (iv) MSCI South Africa (USD, NTR) index futures; (v) MSCI World (GBP, NTR) index futures; (vi) MSCI World Communication Services (USD, NTR) index futures; (vii) MSCI World Consumer Discretionary (USD, NTR) index futures; (viii) MSCI World Consumer Staples (USD, NTR) index futures; (ix) MSCI World Energy (USD, NTR) index futures; (x) MSCI World Financials (USD, NTR) index futures; (xi) MSCI World Health Care (USD, NTR) index futures; (xii) MSCI World Industrials (USD, NTR) index futures; (xiii) MSCI World IT (USD, NTR) index futures; (xiv) MSCI World Materials (USD, NTR) index futures; (xv) MSCI World Real Estate (USD, NTR) index futures; (xvi) MSCI World Utilities (USD, NTR) index futures; and (xvii) STOXX USA 500 ESG-X (USD, price) index futures. 3. Korea Exchange has notified market participants that, as of April 1, 2020, the KOSPI 200 index is deemed a narrow-based security index, and as such, futures on the KOSPI 200 index are now available for trading by U.S.
    [Show full text]
  • Filed by the NASDAQ OMX Group, Inc
    Filed by The NASDAQ OMX Group, Inc. (Commission File No. 000-32651) Pursuant to Rule 425 under the Securities Act of 1933, as amended Subject Company: NYSE Euronext (Commission File No. 001-33392) NASDAQ OMX and ICE Issue Joint Statement on Superior Proposal New York, NY and Atlanta, GA (April 25, 2011) NASDAQ OMX (NDAQ) and IntercontinentalExchange (ICE) today issued a joint statement with regard to their superior proposal for NYSE Euronext: NYSE Euronext investors should be highly skeptical that after two years of exploratory merger discussions, including more than six months dedicated to finalizing the transaction, NYSE Euronext has suddenly found a reported €100 million in additional synergies. This increase appears not to be a matter of sharpening a pencil, but an unexplained shift in strategy. The discovery that initial synergies having been understated by one-third comes after receiving a superior proposal from NASDAQ OMX and ICE that achieves greater synergies. Importantly, if there are additional synergies to be found after the merger economics have been agreed, then it has to come at the expense of NYSE Euronext stockholders because there has been no increase in the price they are being offered. NYSE Euronext should describe these newly-found synergies in detail in order to support the credibility of these revised estimates, particularly in light of commitments to retain two technology platforms and two headquarters. Increasingly it appears that NYSE Euronext is more focused on protecting the transaction than its stockholders. NASDAQ OMX and ICE have described in detail our proven and focused long-term strategy from which stockholders would benefit and our companies demonstrated outperformance relative to their proposed strategy of creating a financial supermarket.
    [Show full text]
  • Intercontinental Exchange Reports Ice and Nyse May Volume
    INVESTORS INTERCONTINENTAL EXCHANGE REPORTS ICE AND NYSE MAY VOLUME Released : 04 June 2014 ATLANTA--(BUSINESS WIRE)-- Intercontinental Exchange, Inc. (NYSE: ICE), the leading global network of exchanges and clearing houses, today reported exchange traded volumes for May 2014. ICE’s May average daily volume (ADV) was 5.4 million contracts, a decrease of 15% compared to May 2013. • Commodity futures and options ADV decreased 23% in May due primarily to continued low price volatility across most energy products. • Financial futures and options ADV decreased 9% in May due primarily to the low interest rate environment in Europe. This was partially offset by a 23% increase in equity derivatives ADV year to year, including a 32% increase in Liffe single stock futures. • NYSE cash equities ADV decreased 13% and Euronext cash equities ADV was flat compared to the prior May. NYSE equity options volume decreased 23% year to year. ICE Futures & Options ADV (contracts in 000s) ADV May ADV May Change ADV YTD ADV YTD Change May ’13 2014 2013 y/y May ‘14 y/y COMMODITIES Energy Brent 594 670 -11% 617 712 -13% Gasoil 214 266 -19% 220 272 -19% Other Oil (1) 248 244 2% 254 255 0% TOTAL OIL 1,055 1,179 -10% 1,092 1,239 -12% Natural Gas (2) 714 1,241 -42% 983 1,363 -28% Power (3) 131 141 -7% 130 144 -10% Emissions & Other (4) 32 30 6% 48 46 5% TOTAL ENERGY 1,932 2,591 -25% 2,252 2,792 -19% Agricultural Sugar (5) 115 113 1% 167 146 15% Other Ags & Metals (6) 156 162 -4% 192 188 2% TOTAL AGRICULTURAL & METALS 270 276 -2% 360 334 8% TOTAL COMMODITIES 2,203 2,867 -23% 2,612 3,125 -16% FINANCIALS Interest Rates Short-term Interest Rates (7) 1,729 2,213 -22% 1,761 2,312 -24% Medium & Long-term Interest Rates (8) 195 233 -16% 177 192 -8% TOTAL INTEREST RATES 1,924 2,445 -21% 1,938 2,504 -23% TOTAL EQUITY DERIVATIVES (9) 1,297 1,058 23% 1,051 1,170 -10% TOTAL FX (10) 20 43 -54% 24 38 -38% TOTAL FINANCIALS 3,241 3,547 -9% 3,012 3,712 -19% TOTAL FUTURES & OPTIONS 5,444 6,414 -15% 5,625 6,837 -18% Note: Figures may not foot due to rounding.
    [Show full text]
  • Equity Markets USD 47 Tn
    19 January 2012 2011 WFE Market Highlights 2011 equity volumes remained stable despite a fall in market capitalization. Derivatives, bonds, ETFs, and securitized derivatives continued to grow strongly. Total turnover value remained stable in 2011 at USD 63 tn despite a sharp decrease of the global market capitalization (-13.6% at USD 47 tn). High volatility and global uncertainty created from the sovereign debt crisis affected volumes all year through and made August 2011 the most active month in terms of trading value, a highly unusual annual peak for markets. Despite overall unfavorable conditions for primary markets in several regions, WFE members increased their total listings by 1.7% totaling 45 953 companies listed. Total number of trades decreased by 6.4% at 112 tn. This trend combined with the stability of turnover value led to a small increase in the average size of transaction which was USD 8 700 in 2011. The high volatility and lack of confidence that affected financial markets globally probably drove the needs of hedging as derivatives contracts traded grew by 8.9%. WFE members continued to diversify their products range as other products such as bonds, ETFs, and securitized derivatives all had solid growth in 2011. Equity Markets Market capitalization USD 47 tn -13.6% Domestic market capitalization declined significantly in 2011 to USD 47 401 bn roughly back to the same level of end 2009. The decline affected almost all WFE members, as there were only four exchanges ending 2011 with a higher market capitalization. The magnitude of the decline is quite similar among the three time zones: -15.9% in Asia-Pacific, -15.2% in EAME and -10.8% in the Americas.
    [Show full text]
  • Taiwan Futures Exchange Principles for Financial Market Infrastructure Disclosure Report (CCP)
    Taiwan Futures Exchange Principles for Financial Market Infrastructure Disclosure Report (CCP) Responding institution: Taiwan Futures Exchange Corporation Jurisdiction(s) in which the FMI operates: Taiwan Authority(ies) regulating, supervising or overseeing the FMI: the Securities and Futures Bureau of the Financial Supervisory Committee The date of this disclosure is 2020.12.16 This disclosure can also be found at http://www.taifex.com.tw/ For further information, please contact [email protected] TABLE OF CONTENTS I. EXECUTIVE SUMMARY ........................................................................................................... 2 II. SUMMARY OF MAJOR CHANGES SINCE THE LAST UPDATE OF THE DISCLOSURE ........................................................................................................................................ 2 III. GENERAL BACKGROUND OF TAIFEX ................................................................................ 3 IV. PRINCIPLE-BY-PRINCIPLE SUMMARY NARRATIVE DISCLOSURE........................... 8 PRINCIPLE 1：LEGAL BASIS ............................................................................................................... 8 PRINCIPLE 2：GOVERNANCE ........................................................................................................... 11 PRINCIPLE 3：FRAMEWORK FOR THE COMPREHENSIVE MANAGEMENT OF RISKS ....................... 20 PRINCIPLE 4：CREDIT RISK ............................................................................................................
    [Show full text]
  • Incoming Letter: Taipei Exchange Main Board and Taipei Exchange
    New York Paris Northern California Madrid Washington DC Tokyo São Paulo Beijing London Hong Kong James C. Lin Partner Resident Hong Kong Partners Davis Polk & Wardwell 852 2533 3368 tel William F. Barron* Gerhard Radtke* Hong Kong Solicitors 852 2533 1768 fax Bonnie Chan* Martin Rogers † The Hong Kong Club Building [email protected] Karen Chan † Patrick S. Sinclair* 3A Chater Road Paul K. Y. Chow* † Miranda So* Hong Kong James C. Lin* James Wadham † Hong Kong Solicitors * Also Admitted in New York † Also Admitted in England and Wales August 29, 2019 Re: Application for Designation of the Taipei Exchange Main Board and Taipei Exchange Bond Market as a “Designated Offshore Securities Market” Michael Coco, Chief Office of International Corporate Finance Division of Corporation Finance United States Securities and Exchange Commission 450 Fifth Street. N.W. Washington, DC 20549 Dear Mr. Coco: We are writing to the United States Securities and Exchange Commission (the “SEC” or the “Commission”) on behalf of the Taipei Exchange (the “TPEx”) to apply for the classification of a “designated offshore securities market” for purposes of Regulation S (“Regulation S”) under the U.S. Securities Act of 1933, as amended, for (i) the portion of the TPEx known as the Taipei Exchange Main Board (the “TPEx Main Board”) and (ii) the portion of the TPEx known as the Taipei Exchange Bond Market (the “TPEx Bond Market” and together with the TPEx Main Board, the “TPEx Platforms”). Designation is being sought in order to assist market participants to the TPEx Platforms who are eligible for the safe harbor provision provided by Rule 904 of Regulation S to satisfy the requirements specified in that rule when reselling securities “in, on or through the facilities of” the TPEx Platforms.
    [Show full text]
  • Futures Industry Template
    China took a big step in the development of both its financial and risk management markets when it officially inaugurated, on Sept. 8, the China Financial Futures Exchange in Shanghai. This exchange will extend into the financial sphere an industry that’s already thriving in commodities. Since the 1990s, the Dalian Commodity Exchange, the Shanghai Futures Exchange, and the Zhengzhou Commodity Exchange have been trading a healthy slate of commodity futures, such as copper and fuel oil at the SFE, soybeans and corn at the DCE, and sugar and wheat at the The Dawning ZCE. Volume should top 200 million contracts this of Financial year, an impressive increase from 27 million in 2000. Some 183 firms provide brokerage and Futures In support services. China To be sure, the launch of the new exchange was a bit of an anti-climax, since it was accompanied By Nick Ronalds by no product launch or even an announcement and Wang Xue Qin of a launch date. Still, the official establishment of a financial futures exchange was a clear sign that financial futures will not be long in coming. And though we did not have a launch date as of late October, when this article was written, much about the new exchange is taking shape. 54 Futures Industry Ownership Structure that cannot afford full clearing member- ship. TCMs may not clear for non-clearing The competition among existing futures Exchange rules are still under discussion, brokers. Minimum capital: RMB 50 mil- and securities exchanges for the right to so the information available is somewhat lion.
    [Show full text]
  • The Price Discovery and Price Leadership of Foreign Investors: Evidence from Taiwan Futures Markets
    The price discovery and price leadership of foreign investors: Evidence from Taiwan futures markets Wei-Kuang Chen Professor, Department of Money and Banking, National Chengchi University Ching-Ting Lin* Assistant professor, Department of Money and Banking, National Chengchi University Cheng-Yi Shiu Professor, Department of Finance, National Central University Abstract Using a unique dataset composed of comprehensive transaction data from Taiwan futures markets, we classify all investors into individuals, domestic institutions, and foreigners, and examine the price discovery and price leadership for these three groups. We find that, despite the relatively low trading volume of futures contracts by foreigners, such trades make a significant contribution to price discovery. Moreover, intraday analysis shows that foreigners’ correlated trades can positively predict concurrent and future price movements of futures contracts. The empirical result indicates that foreigners have an information advantage in Taiwan futures markets. In contrast to foreigners, individuals make the least contribution to price discovery and their correlated trades negatively predict the following price movements, suggesting that individuals have an information disadvantage. Keywords: Price discovery; Price leadership; Herding; Foreigners; Information role *Corresponding author. Department of Money and Banking, College of Commerce, National Chengchi University, Taipei, Taiwan, R.O.C., Tel: +886-2-29393091 ext. 81248, Email: [email protected]. 1 1. Introduction Literature on the informational role of foreign investors expresses diverse views. One tranche of literature asserts that domestic investors are more knowledgeable than foreign investors about the local environment or domestic firms. For example, Choe, Kho, and Stulz (2005) analyze all trades in the Korean stock market and find that domestic investors are better able to select winners than foreigners.
    [Show full text]
  • DCE and Palm Oil Futures Contract
    DCE and Palm Oil Futures Contract December 2020 Building a Diversified, Open and World-class Derivatives Exchange 1 智舒 CONTENTS 01 Introduction to DCE 02 RBD Palm Olein Futures 03 RBD Palm Olein Delivery 2 Diverse Product Suite 智舒 Futures + Options No.1 Soybean 20 7 Corn LLDPE PVC Soybean Meal FUTURES OPTIONS No.2 Soybean RBD Palm Coking Coke Soybean Oil Olein Coal Fiber Block Polypropy Egg Iron Ore 1 43 board board lene OTC MARKET INDICES Corn Ethylene Ethenyl Rice LPG Starch Glycol benzene 3 Opening-up 智舒 May 4th, 2018 4 Trading Facts 智舒 DCE's Trading Volume and Turnover by Year 1,800 80,000 s 1,600 t 70,000 c Trading Volume Turnover a B r t 1,400 M n 60,000 R o c n o n 1,200 i l o l i 50,000 i l l b i 1,000 , m e , 40,000 u l e 800 a m V u l l 30,000 a o 600 n V o i g t n 20,000 o i 400 d N a r T 200 10,000 - - 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 19 19 19 19 19 19 19 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 2019 ANNUAL TRADING VOLUME ANNUAL TURNOVER AVERAGE DAILY OPEN INTEREST AVERAGE DAILY TRADING VOLUME 1,355 69 6.72 5.56 million contracts trillion CNY million contracts million contracts • Source: Dalian Commodity Exchange 5 World Top Derivatives Exchanges 智舒 2019 Top 20 Derivatives Exchanges Worldwide World Derivatives Exchanges Ranking Rank Exchange Jan – Dec 2019 Vol Jan – Dec 2018 Vol 1 National Stock Exchange of India 5,960,653,879 3,790,090,142 th th th th 12 10 8 8 2 CME Group 4,830,045,369 4,844,857,131 3 B3 3,880,624,283 2,574,073,178 4 Intercontinental Exchange
    [Show full text]
  • Bonds Denominated in USD to List for the First Time on NYSE Euronext Lisbon Market BPI Quotes 12 Million on 12Th of March
    CONTACT | Media: CONTACT | Investor Relations: +31.20.550.4488 (Amsterdam), +32.2.509.1392 (Brussels) +1.212.656.5700 (New York) +351.217.900.029 (Lisbon), +44.20.7379.2789 (London) +33.1.49.27.58.60 (Paris) +1.212.656.2411 (New York), +33.1.49.27.11.33 (Paris) Bonds denominated in USD to list for the first time on NYSE Euronext Lisbon market BPI quotes 12 million on 12th of March March 11, 2010 – NYSE Euronext (NYX) is pleased to welcome Banco Português de Investimento as the first listed issuer of non-euro currency on Euronext Lisbon. Banco Português de Investimento, a company with a market capitalization of € 1.750 billion, will list two bond issues denominated in USD on the Lisbon market of NYSE Euronext on 12th March 2010: • an issue of USD 6 million of Index Linked Interested Notes “BPI AMERICAN OUTPERFORMANCE 2010-2013” and • an issue of USD 6 million of Index Linked Interest Notes “BPI JPYUSD 350% 2010- 2013”. Both bonds will be issued under the BPI’s Euro Medium Term Note Programme. The listing of these two new products will see the start of a service to trade non-Euro currency via NYSE Euronext in Lisbon. The non-Euro settlement service will be provided by Interbolsa using the non-Euro payment system operated by Caixa Geral de Depósitos. Trading member firms will need to have a clearing member firm (CMF) and a settlement agent (SA) with a settlement account at Interbolsa for the securities side and an account with Caixa Geral de Depósitos for the cash side of the settlement process.
    [Show full text]
  • Cash Equity Market Cash Equity Market
    Cash Equity Market Cash Equity Market Domestic Market Capitalization Value of share trading Number of trades New listings Investment flows Number of listed companies Cash Equity Market % change Q1 2015 Q2 2015 Q3 2015 Q4 2015 2015 2014 to 2015 Domestic Market Capitalization 72 548 800 74 498 795 65 392 815 66 960 858 66 960 858 -1.3% (USD million) Americas 30 335 850 30 236 210 28 058 649 27 943 103 27 943 103 -7.7% Asia Pacific 25 359 012 27 368 840 21 925 007 23 141 192 23 141 192 9.8% EMEA 16 853 938 16 893 746 15 409 159 15 876 563 15 876 563 -3.6% Value of Share Trading 25 160 866 34 098 939 28 561 774 25 897 938 113 719 334 40.6% (USD million) Americas 11 703 385 10 829 829 12 232 090 11 298 256 46 063 560 5.6% Asia Pacific 9 714 428 19 645 172 12 876 712 11 478 610 53 714 739 126.9% EMEA 3 743 053 3 623 937 3 452 973 3 121 072 13 941 035 2.6% Number of trades 4 882 6 633 6 355 5 903 23 772 54.9% (million of trades) Americas 1 569 1 436 1 748 1 711 6 464 10.7% Asia Pacific 2 847 4 761 4 158 3 745 15 510 93.8% EMEA 466 436 450 447 1 798 19.0% Number of listed companies 48 842 49 164 49 324 49 830 49 830 2.7% (full number) Americas 10 273 10 271 10 271 10 203 10 203 -1.3% Asia Pacific 24 640 24 911 25 084 25 401 25 401 4.0% EMEA 13 929 13 982 13 969 14 226 14 226 3.5% Source : WFE % change Q1 2015 Q2 2015 Q3 2015 Q4 2015 2015 2014 to 2015 Number of newly listed comp.
    [Show full text]