Exchanges Index Monthly Analysis

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September 2018

Including Quarterly Analysis

FTSE Mondo Visione

Exchanges Index MonthlyAnalysis

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

ASX B3 SA
Hong Kong Exchanges and Clearing Ltd Intercontinental Exchange Japan Exchange Group Johannesburg Stock Exchange Ltd London Stock Exchange Group Moscow Exchange Multi Commodity Exchange of India Nairobi Securities Exchange Nasdaq
Bolsa Mexicana de Valores SA Bolsa y Mercado Espanoles BSE Bulgarian Stock Exchange - Sofia Bursa de Valori Bucuresti SA Bursa Malaysia Cboe Global Markets

  • CME Group
  • NZX Ltd

Deutsche Bourse Dubai Financial Market Euronext
Philippine Stock Exchange Singapore Exchange Ltd TMX Group

  • Hellenic Exchanges SA
  • Warsaw Stock Exchange

INDEX VALUE

Index Value

49534.73 50368.89
28/09/2018 31/08/2018 Closing all-time high - 12 March 2018 53408.58

Source: FTSE Group, data as at 28 September 2018

PERFORMANCE

Capital Return

4.3 -1.7
YTD (USD%) 1M (USD%)

  • 12M (USD%)
  • 9.5

Source: FTSE Group, data as at 28 September 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)

11,547 324 196 2,111 959

  • (%)
  • (%)

B3 SA Warsaw Stock Exchange NZX Ltd Moscow Exchange JSE Bolsa Mexicana de Valores SAB de CV Mexico Bursa Malaysia Hong Kong Exchanges & Clearing TMX Group Limited
Brazil Poland New Zealand Russia South Africa
10.9 6.9 4.7 21.8 1.3 1.1 0.6
-14.7 -10.8 -7.2 -21.6 -9.5 18.3 14.5 -6.7 19.3 5.8 -12.2 -3.1 16.6 0.1 1.4 6.1
-22.6 -1.5 -13.3 -26 22.6 22 20.9 6.5 19
848

  • 976
  • Malaysia

Hong Kong Canada France Romania Singapore United Kingdom Japan Spain USA Bulgaria Greece USA Germany United Arab Emirates Philippines USA Australia India USA India Kenya
35,491 3,682 4,579 50 4,425 18,631 9,339 2,464 42,691 12
-0.1 -0.1 -0.3 -0.3 -0.5 -1.3 -1.5 -1.8 -1.8 -2.5 -2.6 -3.2 -3.7 -4.3 -4.8 -5.8 -9.7 -10.1 -18.7 -19.7

  • Euronext
  • 8.1

S.C. Bursa de Valori Bucuresti S.A. Singapore Exchange London Stock Exchange Group Japan Exchange Group Bolsas y Mercados Espanoles Intercontinental Exchange Bulgarian Stock Exchange Hellenic Exchanges SA CME Group
-22.3 -0.9 16.4 -1.4 -6.3 922.8 -9.1 25.4 23.6 -17.6 -26.2 -10.8 12
9.2

  • -17
  • 283

57,720 25,013 402
16.5 15.3 -18.3 -27.4 -23
Deutsche Boerse Dubai Financial Market Philippine Stock Exchange Cboe Global Markets ASX BSE Nasdaq
296 10,698 8,911 98 9,885 140
7.3 -33.9 11.7 -33.5 -29.3
-37 10.6 -40.3 -25.9
Multi Commodity Exchange of India

  • Nairobi Securities Exchange
  • 34

Source: FTSE Group, data as at 28 September 2018

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

  • Constituent Name
  • Country
  • Currency
  • 1M Performance (%) YTD Performance 12M Performance

  • (%)
  • (%)

B3 SA Warsaw Stock Exchange NZX Ltd
Brazil Poland
BRL PLN NZD MYR JPY
7.5 7.1 4.8 1.8 1.1 0.4 0.3 0.1

  • 2.7
  • -2.3

-0.3 -5.5 18.5 -0.6 -19.9 6.7
-5.4 -0.5 17.1 1-9.4 -6.6 9.3 -0.9 20.9 23.1 13 -10.8 4.9 12.9 3.5 6.1 -14.2 16.5 19.2 -21.5 -18.3 -23
New Zealand Malaysia Japan Romania Hong Kong France Singapore United Kingdom Canada
Bursa Malaysia Japan Exchange Group S.C. Bursa de Valori Bucuresti S.A. Hong Kong Exchanges & Clearing Euronext Singapore Exchange London Stock Exchange Group TMX Group Limited
RON HKD EUR SGD PNC CAD MXN RUB EUR BGN ZAR USD EUR USD EUR PHP AED USD AUD INR
10
-0.5 -0.8 -0.9 -0.9 -0.9 -1.3 -1.6 -1.7 -1.8 -2.3 -2.6 -3 -3.3 -3.7 -4.8 -5.9 -7.7 -10.1 -16.9 -19.8
-0.3 19.7 23 25.6 -15.8 -4.7 25
Bolsa Mexicana de Valores SAB de CV Mexico Moscow Exchange Bolsas y Mercados Espanoles Bulgarian Stock Exchange JSE Intercontinental Exchange Hellenic Exchanges SA CME Group
Russia Spain Bulgaria South Africa USA Greece USA Germany Philippines United Arab Emirates USA Australia India
28.5 9-7.5 25.4 25.8 -21.5 -17.6 -10.8 21.4 -30
Deutsche Boerse Philippine Stock Exchange Dubai Financial Market Cboe Global Markets ASX BSE Nasdaq
16 -24.9 11.7 -24.5 -31
USA India Kenya
USD INR KES
10.6 -33.7 -27.7
Multi Commodity Exchange of India Nairobi Securities Exchange

Source: FTSE Group, data as at 28 September 2018

FTSE MONDO VISIONE EXCHANGES INDEX AND CONSTITUENT PERFORMANCE TABLE (USD CAPITAL RETURN)

Since 17

  • 1M (%)
  • 3M (%)
  • 6M (%) YTD (%) 12M (%) 3YR (%)
  • 5YR (%)
  • August

2001 (%)

FTSE/MV Exchanges Index

ASX B3 SA Bolsa Mexicana de Valores SAB de CV Bolsas y Mercados Espanoles BSE Bulgarian Stock Exchange Bursa Malaysia Cboe Global Markets CME Group Deutsche Boerse

-1.7

-5.8 10.9
1.3
-1.5 -9.7 -1.8
1.1
-4.8 -2.6 -3.2 -3.7 -0.1 -2.5
0.6
-1.8 -1.3
1.8

0.1

-3.2 10.2 20.7 -2.1
-23.1
2.0 4.9
-7.8
3.8 0.6
-5.2
3.5
-3.4 -4.8
1.8
-6.2 -4.9
1.3

-3.2

7.1
-27.0
7.5
-4.4
-18.7
-1.5
1.6
-15.9
5.2
-1.5
-12.0
-9.9 -8.3
-12.0
3.3
-5.9
-28.1
3.3

4.3

7.3
-14.7
18.3
1.4

9.5

12.0
-22.6
22.0 -6.3
-37.0
22.8 20.9
-10.8
25.4 23.6
-17.6
8.1
-9.1
6.5 9.0
-1.4 22.6 16.4
-26.0 -40.3 -25.9

53.1

73.2
110.6
30.8 -4.1

81.9

42.7
5.4
-14.0
1.8

890.7

585.8
--------
-33.9
9.2

  • -
  • -

165.6
58.6 43.1 83.5 55.9
-45.5
54.7
4.5
25.5 59.3 20.2 21.4 63.2 21.7
-33.5 -11.4
79.6 31.1
114.2 137.8
78.1
-55.4
-
-29.3
78.6
106.4
57.4 34.0
160.8 -22.5
56.0
-
14.5
-23.0
16.5 15.3
-18.3
5.8
-17.0
-6.7
6.1
647.6
Dubai Financial Market Euronext
--
Hellenic Exchanges SA Hong Kong Exchanges & Clearing Intercontinental Exchange Japan Exchange Group JSE London Stock Exchange Group Moscow Exchange Multi Commodity Exchange of India
11.0
1937.5
---
0.1
-9.5 16.6
-21.6 -33.5 -29.3
-0.5
2.0
-18.7
1122.5
-14.3 -11.0 -23.0
-27.1
-7.2
-35.9
--

  • -
  • Nairobi Securities Exchange
  • -19.7

Nasdaq NZX Ltd
-10.1
4.7
-4.3 -0.3

-0.3 -0.1
6.9

-6.0 -3.4 -3.0
0.0

2.6 2.4

-0.5 -4.2
-23.4 -16.2

-4

11.7 -7.2
-27.4 -12.2

-3.1

10.6
-13.3 -26.2 -22.3

-0.9

60.9 17.9
-44.9 -20.4

9.1

167.4 -30.1 -48.7 -16.1

-6.8

----
Philippine Stock Exchange S.C. Bursa de Valori Bucuresti S.A.

Singapore Exchange

1016.7

TMX Group Limited

15.7
0
19.3
-10.8
19
-1.5
91.9 20.2
40.7 -1.1

Warsaw Stock Exchange

23.4

Source: FTSE Group and Thomson Datastream, data as at 28 September 2018

PERFORMANCE OF QUARTER AGAINST PREVIOUS QUARTER (USD CAPITAL RETURN)

  • Q3 2018
  • Q2 2018

  • Constituent Name
  • Performance Performance

(%)

0.1

-3.2 10.2 20.7 -2.1
-23.1
2.0

(%)

-3.3

10.6
-33.8 -10.9
-2.4
5.7
-3.4 -3.1 -8.8
1.3

FTSE/MV Exchanges Index

ASX B3 SA Bolsa Mexicana de Valores SAB de CV Bolsas y Mercados Espanoles BSE Bulgarian Stock Exchange

  • Bursa Malaysia
  • 4.9

-7.8
3.8
Cboe Global Markets CME Group Deutsche Boerse Dubai Financial Market Euronext Hellenic Exchanges SA Hong Kong Exchanges & Clearing Intercontinental Exchange
0.6
-5.2
3.5
-3.4 -4.8
1.8
-2.0 -7.2
-13.0
-5.1 -7.5
1.4
Japan Exchange Group JSE London Stock Exchange Group Moscow Exchange Multi Commodity Exchange of India Nairobi Securities Exchange Nasdaq
-6.2 -4.9
1.3
-14.3 -11.0 -23.0
-6.0 -3.4 -3.0
0.0
0.4
-24.4
2.0
-14.9
4.3
-16.7
5.9
-0.9
-21.1 -16.2

-6.4
13

NZX Ltd Philippine Stock Exchange S.C. Bursa de Valori Bucuresti S.A.

Singapore Exchange

2.6

  • 2.4
  • TMX Group Limited

  • Warsaw Stock Exchange
  • 23.4
  • -18.9

Source: FTSE Group and Thomson Datastream, data as at 28 September 2018

PERFORMANCE OF QUARTER AGAINST QUARTER FOR PREVIOUS YEAR (USD CAPITAL RETURN)

  • Q3 2018
  • Q3 2017

  • Constituent Name
  • Performance Performance

(%)

0.1

-3.2 10.2 20.7 -2.1
-23.1
2.0

(%)

6.8

0.0

FTSE/MV Exchanges Index

ASX B3 SA Bolsa Mexicana de Valores SAB de CV Bolsas y Mercados Espanoles BSE Bulgarian Stock Exchange Bursa Malaysia
27.0 -4.3 -4.3
-10.0
67.3 -2.7 17.8
8.3
4.9
-7.8
3.8
Cboe Global Markets CME Group

  • Deutsche Boerse
  • 0.6
  • 2.9

Dubai Financial Market Euronext
-5.2
3.5
-3.4 -4.8
1.8
-6.2 -4.9
1.3
0.0
17.4 -7.0
4.0
Hellenic Exchanges SA Hong Kong Exchanges & Clearing Intercontinental Exchange Japan Exchange Group JSE
4.2
-2.3 -1.9

  • 8.5
  • London Stock Exchange Group

  • Moscow Exchange
  • -14.3
  • 14.0

Multi Commodity Exchange of India Nairobi Securities Exchange Nasdaq
-11.0 -23.0
-6.0 -3.4 -3.0
0.0
-5.5 13.1
8.5

  • NZX Ltd
  • 4.0

Philippine Stock Exchange S.C. Bursa de Valori Bucuresti S.A.

Singapore Exchange

-2.1 -2.0

  • 2.1
  • 2.6

  • TMX Group Limited
  • 2.4
  • 3.8

  • Warsaw Stock Exchange
  • 23.4
  • -7

Source: FTSE Group and Thomson Datastream, data as at 28 September 2018

1 Year Performance (USD Capital Return)

  • Constituents
  • 1 Year Performance
  • Constituents
  • 1 Year Excess Capital Returns

  • 2.5
  • ASX

B3 SA
12.0
-22.6
22.0 -6.3
-37.0
22.8 20.9
-10.8
25.4 23.6
-17.6
8.1
ASX

  • B3 SA
  • -32.1

12.5
-15.8 -46.5
13.3 11.4
-20.3
15.9 14.1
-27.1
-1.4
Bolsa Mexicana de Valores SAB de CV Bolsas y Mercados Espanoles BSE Bulgarian Stock Exchange Bursa Malaysia Cboe Global Markets CME Group Deutsche Boerse
Bolsa Mexicana de Valores SAB de CV Bolsas y Mercados Espanoles BSE Bulgarian Stock Exchange Bursa Malaysia Cboe Global Markets CME Group Deutsche Boerse
Dubai Financial Market Euronext
Dubai Financial Market Euronext
Hellenic Exchanges SA Hong Kong Exchanges & Clearing Intercontinental Exchange Japan Exchange Group JSE London Stock Exchange Group Moscow Exchange Multi Commodity Exchange of India Nairobi Securities Exchange
-9.1
6.5 9.0
-1.4 22.6 16.4
-26.0 -40.3 -25.9
Hellenic Exchanges SA Hong Kong Exchanges & Clearing Intercontinental Exchange Japan Exchange Group JSE London Stock Exchange Group Moscow Exchange Multi Commodity Exchange of India Nairobi Securities Exchange
-18.6
-3.0 -0.5
-10.9
13.1
6.9
-35.5 -49.8 -35.4
Nasdaq NZX Ltd
10.6
-13.3 -26.2 -22.3

-0.9

Nasdaq NZX Ltd
1.1
-22.8 -35.7 -31.8

-10.4
9.5

Philippine Stock Exchange S.C. Bursa de Valori Bucuresti S.A.

Singapore Exchange TMX Group Limited Warsaw Stock Exchange Source: FTSE Group, data as at 28 September 2018

Philippine Stock Exchange S.C. Bursa de Valori Bucuresti S.A.

Singapore Exchange TMX Group Limited Warsaw Stock Exchange
19.0

  • -1.5
  • -11.0

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

12 Mar 2018: FTSE Mondo Visione Exchanges Index reaches new

all-time record closing high of 53,408.58

30 May 2018: Deutsche Boerse AGagrees to acquire GTX's ECN business, expanding

its participation in the global FX market

29 Mar 2018: CME Group Inc announces NEX Group plc acquisition

54,000 52,000 50,000 48,000 46,000 44,000 42,000 40,000 38,000

14

2018: Nasdaq to acquire Cinnober to

strenghen its position as one of the world's leading market infrastructure technology providers

29 Nov 2017: London Stock Exchange Group announces

CEO Xavier Rolet will step down immediately

18 Dec 2017: CME

launches its CME bitcoin futures contract (BTC

)

18 Jun 2018: Singapore Exchange granted license

extension to continue listing and trading of SGX Nifty

09 Feb 2018: Indian Exchanges

raises concern of liquidity flight arising from use of their data to create products traded and settled outside India contracts beyond Aug 2018
05 Apr 2018:

Intercontinental
14 Aug 2018: Euronext

announces acquisition of approximately 8% of additional interest in

FastMatch.
Exchange enters into

agreement to acquire

Chicago Stock Exchange
10 Dec 2017: CBOE Global Markets, Inc's Cboe bitcoin

futures (XBT) start trading as planned

23 Jul 2018: Intercontinental Exchange completes TMC Bonds LLC acquisition

27 Mar 2018: Euronext completes The Irish Stock Exchange plc acquisition
26 Oct 2017: Deutsche Boerse AGCEO Carsten

Kengeter informs Supervisory Board he will step down at year-end

18 Jul 2018: Intercontinental Exchange completes Chicago Stock Exchange acquisition

19 Oct 2017: London Stock Exchange Group starts search

for successor to CEO Xavier Rolet

Source: FTSE Group, data as at 28 September 2018

FTSE MONDO VISIONE EXCHANGES INDEX AND THE FTSE ALL-WORLD INDEX PERFORMANCE SINCE 17 AUGUST 2001 (USD CAPITAL RE

###########################

50000 45000 40000 35000 30000 25000 20000 15000 10000
5000
0

  • FTSE Mondo Visione Exchanges Index
  • FTSE All-World Index*

* FTSE All-World Index rebased to 5000 on 17 August 2001 Source: FTSE Group, data as at 28 September 2018

1 YEAR CONSTITUENT PERFORMANCE (USD CAPITAL RETURN)

30% 20% 10%
0%

25.4
23.6

  • 22.8
  • 22.6

22.0
20.9
19.0
16.4

12.0
10.6
9.0
8.1
6.5

-0.9

  • -1.4
  • -1.5

-10% -20% -30% -40% -50%

-6.3
-9.1
-10.8
-13.3

-17.6

  • -22.3
  • -22.6

  • -25.9
  • -26.0
  • -26.2

-37.0
-40.3

Source: FTSE Group and Thomson Datastream, data as at 28 September 2018

1 YEAR EXCESS CAPITAL RETURNS AGAINST THE FTSE MONDO VISIONE EXCHANGES INDEX (USD CAPITAL RETURN)

20% 10%

15.9
14.1

  • 13.3
  • 13.1

12.5
11.4
9.5
6.9

2.5
1.1

0%

-0.5
-1.4
-3.0

-10% -20% -30% -40% -50% -60%

-10.4
-10.9
-11.0
-15.8
-18.6
-20.3
-22.8

-27.1
-31.8
-32.1

-35.4

  • -35.5
  • -35.7

-46.5
-49.8

Source: FTSE Group and Thomson Datastream, data as at 28 September 2018

(“FTSE”) 2017. All rights reserved.

FTSE International Limited (“FTSE”) © FTSE [year]. “FTSE®” is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence. All rights in and to the FTSE Mondo Visione Exchanges Index vest in FTSE. All information is provided for information purposes only. No responsibility or liability is accepted by FTSE for any errors, loss or liability arising from the use of this publication. Distribution of FTSE index values and the use of the FTSE indices to create financial products require a licence from FTSE.

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    General Company Overview Doing data differently V.14.9. Company Overview Helping the global financial community make informed decisions through the provision of fast, accurate, timely and affordable reference data services With more than 20 years of experience, we offer comprehensive and complete securities reference and pricing data for equities, fixed income and derivative instruments around the globe. Our customers can rely on our successful track record to efficiently deliver high quality data sets including: § Worldwide Corporate Actions § Worldwide Fixed Income § Security Reference File § Worldwide End-of-Day Prices Exchange Data International has recently expanded its data coverage to include economic data. Currently it has three products: § African Economic Data www.africadata.com § Economic Indicator Service (EIS) § Global Economic Data Our professional sales, support and data/research teams deliver the lowest cost of ownership whilst at the same time being the most responsive to client requests. As a result of our on-going commitment to providing cost effective and innovative data solutions, whilst at the same time ensuring the highest standards, we have been awarded the internationally recognized symbol of quality ISO 9001. Headquartered in United Kingdom, we have staff in Canada, India, Morocco, South Africa and United States. www.exchange-data.com 2 Company Overview Contents Reference Data ............................................................................................................................................
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    How derivative exchanges can promote sustainable development | An action menu How derivatives exchanges can promote sustainable development An action menu 1 How derivative exchanges can promote sustainable development | An action menu Note About the SSE The designations employed and the presentation The SSE initiative is a UN Partnership Programme of the material in this paper do not imply the organised by UNCTAD, UN Global Compact, UNEP FI expression of any opinion whatsoever on the part and the PRI. The SSE’s mission is to provide a global of the Secretariat of the United Nations concerning platform for exploring how exchanges, in collaboration the legal status of any country, territory, city or area, with investors, companies (issuers), regulators, policy or of its authorities, or concerning the delimitation of makers and relevant international organisations its frontiers or boundaries. This paper is intended for can enhance performance on environmental, social learning purposes. The inclusion of company names and corporate governance issues and encourage and examples does not constitute an endorsement sustainable investment, including the financing of of the individual exchanges or organisations by the UN Sustainable Development Goals. The SSE UNCTAD, UN Global Compact, UNEP, the PRI or the seeks to achieve this mission through an integrated WFE. Material in this paper may be freely quoted or programme of conducting evidence-based policy reprinted, but acknowledgement is requested. A copy analysis, facilitating a network and forum for multi- of the publication containing the quotation or reprint stakeholder consensus-building, and providing should be sent to [email protected]. A copy of the technical guidelines, advisory services and training.
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    VENUE NAME VENUE SHORTNAME MIC COUNTRY ZONE ASSET CLASS TYPE * WIENER BOERSE WB XWBO AUSTRIA EUROPE SECURITIES RM NYSE EURONEXT BRUSSELS ENXBE XBRU BELGIUM EUROPE ETD & SECURITIES RM PRUE STOCK EXCHANGE PSE XPRA CZECH REPUBLIC EUROPE ETD RM NASDAQ COPENHEN OMX DK XCSE DENMARK EUROPE ETD & SECURITIES RM NASDAQ HELSINKI OMX FI XHEL FINLAND EUROPE SECURITIES RM NYSE EURONEXT PARIS ENXFR XPAR FRANCE EUROPE ETD & SECURITIES RM DEUTSCHE BOERSE DEUTSCHE BOERSE XFRA GERMANY EUROPE SECURITIES RM BOERSE BERLIN BERLIN XBER GERMANY EUROPE SECURITIES RM BOERSE DUESSELDORF DUSSELDORF XDUS GERMANY EUROPE SECURITIES RM DEUTSCHE BOERSE AG FRANCFORT XFRA GERMANY EUROPE SECURITIES RM HANSEATISCHE WERTPAPIERBOERSE HAMBURG HAMBOURG XHAM GERMANY EUROPE SECURITIES RM NIEDERSAECHSISCHE BOERSE ZU HANNOVER HANOVRE XHAN GERMANY EUROPE SECURITIES RM BOERSE MUENCHEN MUNICH XMUN GERMANY EUROPE SECURITIES RM BOERSE STUTTGART STUTTGART XSTU GERMANY EUROPE SECURITIES RM EQUIDUCT EQUIDUCT XBER GERMANY EUROPE SECURITIES MTF EUREX DEUTSCHLAND EUREX XEUR GERMANY EUROPE ETD RM ATHENS EXCHANGE ATHEX XATH GREECE EUROPE SECURITIES RM NASDAQ OMX ICELAND OMX IC XICE ICELAND EUROPE SECURITIES RM IRISH STOCK EXCHANGE ISE XDUB IRELAND EUROPE SECURITIES RM BORSA ITALIANA BORSA ITALIANA XMIL ITALY EUROPE ETD & SECURITIES RM LONDON METAL EXCHANGE LME XLME LONDON EUROPE ETD RM FISH POOL FISH FISH NORWAY EUROPE ETD RM NASDAQ OMX COMMODITIES OMX CO NORX NORWAY EUROPE ETD RM OSLO BORS OSLO BORS XOSL NORWAY EUROPE ETD & SECURITIES RM WARSAW STOCK EXCHANGE WSE XWAR POLAND EUROPE SECURITIES
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