DERIVATIVES, OSLO BØRS FEBRUARY 2010
|
|
- Kelley Sullivan
- 5 years ago
- Views:
Transcription
1 DERIVATIVES, OSLO BØRS FEBRUARY 2010 The OBX index fell 3.7% to points in February. The index is down 6.4% during the first two months of The turnover for single stock derivatives fell from January to February, but compared to the 2009 average, February was a relatively good month. The stock option premium turnover fell by 39% to 90.8 MNOK (2009 avg: 93.6 MNOK) from January, while the stock forwards/futures exposure dropped by 30% to 785 MNOK (2009 avg: 600 MNOK). The OBX option turnover increased last month. The premium turnover rose by 85% to 58.8 MNOK. Although the turnover for the OBX futures fell in February, the numbers remained high. The OBX futures exposure decreased by 5% to 22.9 BNOK. The 2009 average for these two groups was 37.8 MNOK and 19.9 BNOK respectively. The average number of contracts traded in February was contracts/day (2010 avg: ). The most traded stock option in February was Statoil with 17 MNOK or 18.6% of the stock option premium turnover. Yara and REC followed with 18.2% and 17.6% of the total. Statoil was the most traded stock forward/future with 340 MNOK, 43% of the total turnover. Norsk Hydro and Yara followed with 15% and 10% of the total exposure. The last Tandberg derivatives expired in February, and we no longer offer derivatives on this underlying as the company is being acquired by Cisco. Options on Royal Caribbean Cruises (RCL) will be introduced in March. Expirations in February: OBX, Statoil, DnB NOR, Norsk Hydro, Storebrand, Tandberg and Yara. Expirations next month (18 March): OBX, Statoil, Norske Skog, Tomra, Marine Harvest and Seadrill. For more detailed information, please read ahead This summary continues with a presentation of general statistics, followed by a productand volatility overview towards the end. We hope to see you back in the derivatives market next month. Disclaimer: All information in this presentation is obtained from documents already available to the public. Oslo Børs does not guarantee the accuracy of the information included in the presentation. The presentation does not in any way constitute a recommendation by Oslo Børs.
2 Contracts/ day Contract Distribution Index Futures Single Stock Fwd/Fut OBX Index Options Mar 09 Apr 09 May 09 Jun 09 Jul 09 Aug 09 Sep 09 Oct 09 Nov 09 Dec 09 Jan 10 Feb 10
3 TURNOVER - CONTRACTS/DAY (average) Contracts/day last month OBX - FUTURES STOCK FWD/FUT STOCK OPTIONS OBX - OPTIONS Contracts/day YTD 2010 OBX - FUTURES STOCK FWD/FUT STOCK OPTIONS OBX - OPTIONS 3 151
4 LIQUIDITY - OPTION PREMIUM DISTRIBUTION Option Premium last month OBX - options 11.0 % 10.7 % 6.6 % 5.4 % Statoil Yara International Renewable Energy Corp. Telenor 5.3 % Orkla 3.3 % Norsk Hydro 11.3 % 2.6 % 1.6 % 1.1 % 0.9 % 0.4 % 0.3 % 0.1 % 0.0 % Petroleum Geo-Services Seadrill Acergy DnB NOR Marine Harvest Group Norske Skog Storebrand 39.3 % Tomra Tandberg Option Premium YTD % 8.4 % 5.5 % OBX - options Statoil Renewable Energy Corp % 17.0 % 4.2 % 3.8 % 3.2 % 2.6 % 2.4 % 1.0 % 0.8 % 0.4 % 0.1 % 0.0 % Yara International Norsk Hydro Telenor Orkla DnB NOR Seadrill Petroleum Geo-Services Acergy Marine Harvest Group Norske Skog Storebrand 27.5 % Tomra Tandberg 4
5 SINGLE STOCK FORWARDS - EXPOSURE DISTRIBUTION Stock Fwd/Fut Premium last month 9.7 % 6.3 % 5.1 % Statoil Norsk Hydro 14.9 % 4.8 % 3.9 % 3.4 % Yara International Royal Caribbean C. Telenor Seadrill Tandberg 2.8 % 2.4 % DnB NOR Renewable Energy Corp. TGS Nopec Geo. 1.1 % Petroleum Geo-Services 0.8 % 0.7 % 0.4 % Orkla Storebrand Acergy 0.4 % Marine Harvest Group 0.0 % Norske Skog 43.3 % 0.0 % Tomra Stock Fwd/Fut Premium YTD % 8.5 % 7.3 % Statoil Norsk Hydro Yara International 10.0 % 12.3 % 4.7 % 3.8 % 3.7 % 2.2 % 1.8 % 1.3 % 1.2 % 0.3 % 0.3 % 0.0 % 0.0 % Royal Caribbean Cruises Telenor Renewable Energy Corp. Seadrill Orkla DnB NOR Petroleum Geo-Services Tandberg TGS Nopec Geo. Marine Harvest Group Acergy Storebrand Norske Skog Tomra 33.4 % 5
6 Turnover Premium MNOK Open Interest (avg) - Contracts Turnover Premium MNOK Open Interest (avg) - Contracts PREMIUM - SINGLE STOCK DERIVATIVES Single Stock Options Mar 09 Apr 09 May 09 Jun 09 Jul 09 Aug 09 Sep 09 Oct 09 Nov 09 Dec 09 Jan 10 Feb 10 0 Turnover premium/month - Stock Options Open Interest (avg) - Stock Options Single Stock Forwards Mar 09 Apr 09 May 09 Jun 09 Jul 09 Aug 09 Sep 09 Oct 09 Nov 09 Dec 09 Jan 10 Feb 10 0 Turnover premium/ month - Single Stock Fwds Open Interest (avg) - Single Stock Fwds 6
7 Turnover exposure MNOK Open Interest (avg)- Contracts Turnover Premium MNOK Open Interest (avg)- Contracts PREMIUM - OBX DERIVATIVES OBX - Index Options Mar 09 Apr 09 May 09 Jun 09 Jul 09 Aug 09 Sep 09 Oct 09 Nov 09 Dec 09 Jan 10 Feb 10 Turnover premium/ month - OBX-indexoptions Open Interest (avg) - OBX-indexoptions 0 OBX - Index Futures Mar 09 Apr 09 May 09 Jun 09 Jul 09 Aug 09 Sep 09 Oct 09 Nov 09 Dec 09 Jan 10 Feb 10 Turnover exposure/month - OBX-indexfutures Open Interest (avg) - OBX-indexfutures
8 BROKER STATISTICS - FEBRUARY 2010 Only companies with more than 0,5% of the total market share are shown. Options 19.8 % 5.3 % 26.8 % 4.2 % 3.3 % 2.4 % 2.4 % 2.2 % 1.2 % SEB Enskilda DnB NOR Non-Norwegian Handelsbanken Pareto Nordea Nordnet Net Fonds Argo Carnegie 31.6 % Stock Forwards & Futures 96.3 % 2.1 % 0.7 % 0.5 % DnB NOR First Argo Orion 8
9 OBX Futures 5.8 % 3.9 % 39.2 % 3.5 % 3.4 % 2.9 % 0.6 % 0.5 % Handelsbanken DnB NOR Non-Norwegian SEB Enskilda Argo Nordea Erik Penser ABG Sundal Collier Nordnet 39.4 % 9
10 OBX INDEX - CONSTITUENTS AND OTHER INFORMATION The OBX Index consists of the 25 most traded securities in the OSEBX Index. The constituents are selected on the basis of six months turnover rating. It is a semi-annually revised free float adjusted total return index (dividend adjusted) with composition changes and cappings implemented on the third Friday in June and December. In the period between the composition review dates, the number of shares for each constituent is fixed with exception of cappings and continuous adjustments for corporate actions. The OBX Index is a tradable index with exchange traded futures and options available : All time high ( close):
11 The current OBX Index composition can be found below. The Derivatives department at Oslo Børs distributes a daily report with information on the OBX Index and its components. If you would like to receive this daily update, please send Request for OBX Morning Report to mps@oslobors.no. 11
12 OSLO BØRS - LISTED DERIVATIVES OPEN INTEREST - OPTIONS AND OBX FUTURES ONLY 12
13 Marine Harvest Group (MHG) MARINE HARVEST is the world's leading seafood company. They offer customers and consumers a wide range of seafood products and produce one fourth of the world's farmed salmon. The company is present in 18 countries and has 7500 employees worldwide. Home: Sector : Packaged Foods & Meats Last (NOK): 5.17 ISIN: NO Avg.Imp.Vol last month: 40 % Reuters : MHG.OL Expiry: Mar, Jun, Sep, Dec Bloomberg : MHG NO Open Int (avg): Liquidity: Tradable in blocks of OBX Weight: 2.22% O/I avg. 2010: Domicile: Norway contracts. Derivatives : Options & Fwd/Fut Market Maker(s): 3 Norsk Hydro (NHY) Sector : Aluminium Last (NOK): NORSK HYDRO is a global supplier of aluminium and aluminium products. Based in Norway, the company employs 25,000 people in more than 30 countries. Home: ISIN: NO Avg.Imp.Vol last month: 40 % Reuters : NHY.OL Expiry: Feb, May, Aug, Nov Bloomberg : NHY NO and NOHYF US Open Int (avg): Liquidity: Tradable in blocks of 3000 OBX Weight : 4.54% O/I avg. 2010: Domicile: Norway contracts. Derivatives : Options & Fwd/Fut Market Maker(s): 6 Norske Skog (NSG) NORSKE SKOG is one of the world's biggest producers of publication paper, with 16 paper mills in 12 countries and a production capacity of around 5.2 mill. tonnes per year. Home: Sector: Paper Products Last (NOK): 8.52 ISIN: NO Avg.Imp.Vol last month: 64 % Reuters: NSG.OL Bloomberg: NSG NO Expiry: Mar, Jun, Sep, Dec Open Int (avg): Liquidity: Tradable in blocks of OBX Weight: N/A O/I avg. 2010: Domicile: Norway contracts. Derivatives: Options & Fwd/Fut Market Maker(s):
14 Orkla (ORK) ORKLA operates in the branded consumer goods, aluminium solutions, materials, renewable energy and financial investment sectors. The group has a turnover of NOK 70 billion and 35,000 employees in more than 40 countries. Home: Sector : Industrial Conglomerates ISIN: NO Avg.Imp.Vol last month: 29 % Last (NOK): Reuters : ORK.OL Expiry: Jan, Apr, Jul, Oct Bloomberg : ORK NO Open Int (avg): Liquidity: Tradable for volumes around OBX Weight : 6.49% O/I avg. 2010: Domicile: Norway 2000 contracts. Derivatives : Options & Fwd/Fut Market Maker(s): 5 Petroleum Geo- Services (PGS) PETROLEUM GEO-SERVICES offers seismic and electromagnetic services, data acquisition, processing, reservoir analysis/interpretation and multi-client library data. PGS helps oil companies to find oil and gas reserves worldwide. Home: Sector : Oil & Gas Equipment & Services Last (NOK): ISIN: NO Avg.Imp.Vol last month: 42 % Reuters : PGS.OL Expiry: Jan, Apr, Jul, Oct Bloomberg : PGS NO Open Int (avg): Liquidity: Tradable for volumes around OBX Weight : 2.42% O/I avg. 2010: Domicile: Norway 1000 contracts. Derivatives : Options & Fwd/Fut Market Maker(s): 3 Renewable Energy Corporation (REC) RENEWABLE ENERGY CORPORATION was founded in REC has a presence in all parts of the industry value chain from production of raw material to solar energy products. The company has customers around the world and approx employees in 4 countries on 3 continents. Home: Sector : Electrical Components & Equipment Last (NOK): ISIN: NO Avg.Imp.Vol last month: 65 % Reuters : REC.OL Expiry: Jan, Apr, Jul, Oct Bloomberg : REC NO Open Int (avg): Liquidity: Tradable in blocks of 2000 OBX Weight : 1.20% O/I avg. 2010: Domicile: Norway contracts. Derivatives : Options & Fwd/Fut Market Maker(s): 3 14
15 15
16 16
17 17
18 MARKET MAKERS Argo Securities: DnB NOR Markets: Handelsbanken Capital Markets: Nordea Markets: SEB Enskilda: Timber Hill Europe: OBX, DNBNOR, NHY, ORK, RCL, SDRL, STL, TEL OBX, ACY, MHG, NHY, NSG, ORK, PGS, REC, SDRL, STB, STL, TAA, TEL, TOM, YAR, RCL, TGS OBX, ACY, DNBNOR, MHG, NHY, NSG, ORK, PGS, REC, SDRL, STB, STL, TEL, TOM, YAR, RCL, TGS OBX, ACY, NHY, NSG, ORK, PGS, REC, STL, TEL, TOM OBX, DNBNOR, NHY, STL, TEL OBX, DNBNOR, MHG, NHY, NSG, ORK, SDRL, STB, STL, TEL, TOM, YAR 18
19 OPTIONS - OBSERVED ATM IMPLIED VOLATILITIES (WEEK 9) Weekly Volatilities = average of Last Buy+Sell vol. for ATM CALLS and PUTS for front+back month. If no trade - last Bid/Offer is used. Lack of data may occur, thus volatilities should be seen as indicative. OBX Observed ATM Implied Volatility ACY Observed ATM Implied Volatility DNBNOR Observed ATM Implied Volatility
20 MHG Observed ATM Implied Volatility NHY Observed ATM Implied Volatility NSG Observed ATM Implied Volatility
21 ORK Observed ATM Implied Volatility PGS Observed ATM Implied Volatility REC Observed ATM Implied Volatility
22 SDRL Observed ATM Implied Volatility STB Observed ATM Implied Volatility STL Observed ATM Implied Volatility
23 TEL Observed ATM Implied Volatility TOM Observed ATM Implied Volatility YAR Observed ATM Implied Volatility Disclaimer: All information in this presentation is obtained from documents already available to the public. Oslo Børs does not guarantee the accuracy of the information included in the presentation. The presentation does not in any way constitute a recommendation by Oslo Børs. 23
DERIVATIVES, OSLO BØRS - OCTOBER 2012
DERIVATIVES, OSLO BØRS - OCTOBER 2012 The OBX index fell slightly in October. The index decreased by 1.1% to 410.64 points. So far this year, the index is up 14.8%. The average number of contracts traded
More informationDERIVATIVES, OSLO BØRS - JANUARY 2014
DERIVATIVES, OSLO BØRS - JANUARY 2014 The OBX index decreased 2.7% to 490.21 points in January, and the index reached yet another alltime high on January 21 st with 518.60 points. The average number of
More informationDERIVATIVES, OSLO BØRS
DERIVATIVES, OSLO BØRS - 2013 Some of the highlights in the derivatives market in 2013: March 18 Listing of futures on the OBOSX index (Oslo Børs OBX Oil Service Index) June 13 Year-high OBX options premium
More informationDerivatives Rules Appendix B Fees and General Information
2019 Derivatives Rules Appendix B Fees and General Information TABLE OF CONTENTS B.1 LIST OF TRADING AND CLEARING FEES FOR NORWEGIAN DERIVATIVE PRODUCTS... B1 B.2 QUOTATION LIST FOR OSLO BØRS... B2 B.3
More informationNORW Global X MSCI Norway ETF
Global X MSCI Norway ETF ETF.com segment: Equity: Norway - Total Market Competing ETFs: ENOR Related ETF Channels: Norway, ESG, Single Country, Total Market, Vanilla, Europe, Equity, Size and Style, Broad-based
More informationProspectus for the fund. DnB NOR OBX. Exchange Traded Fund (ETF)
Prospectus for the fund DnB NOR OBX Exchange Traded Fund (ETF) March 2005 This prospectus has been prepared in accordance with the Regulations on mutual fund prospectuses promulgated by the Royal Norwegian
More informationShareholder information
SHAREHOLDER INFORMATION Index 107 07: Shareholder information Share price development in 2010 NOK 65 60 55 50 45 40 35 30 25 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sept. Oct. Nov. Dec. Hydro Oslo Børs
More informationNordic Institutions Domestic Equity Trade 2004
Facts about the Survey & Definitions Large Small Private Target Groups Interviewed Large & Small institutions as well as Private investors, number % of total turnover past 12 months, approximately Large
More informationShareholder information
SHAREHOLDER INFORMATION Index 115 05: Shareholder information Share price development in 2011 NOK 55 50 45 40 35 30 25 20 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sept. Oct. Nov. Dec. Introduction p.116
More informationOslo Børs your Gateway to International investors
Oslo Børs your Gateway to International investors September 2008 Agenda About Oslo Børs Listing opportunities in Oslo Listing requirements Summary Marketplaces and products Equities Equities ETFs Derivatives
More informationLondon Stock Exchange Derivatives Market Equity Derivatives Contract Specifications
London Stock Exchange Derivatives Market Equity Derivatives Contract Specifications This document is for information only and is subject to change. London Stock Exchange Group has made reasonable efforts
More informationVINX 30 Index. More information about the Index can be found at
VINX 30 Index The VINX 30 Index is the leading share index of the Nordic Exchanges and the Oslo exchange. The index consists of the 30 largest and most actively traded shares listed on NASDAQ OMX Nordic
More informationShareholder information
SHAREHOLDER INFORMATION Index 89 06: Shareholder information Share price development in 2009 NOK NOK 60 50 40 30 20 10 0 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sept. Oct. Nov. Dec. Introduction p.90 Dividend
More informationExecutive Board meeting. 14 December 2011
Executive Board meeting December EU measures ECB Key policy rate has been reduced to. percent Measures: Liquidity operation with a maturity of months Reserve requirements reduced from to per cent Reduced
More informationQUESTION 2. QUESTION 3 Which one of the following is most indicative of a flexible short-term financial policy?
QUESTION 1 Compute the cash cycle based on the following information: Average Collection Period = 47 Accounts Payable Period = 40 Average Age of Inventory = 55 QUESTION 2 Jan 41,700 July 39,182 Feb 18,921
More informationQuarterly report 4 I 2015
GOVERNMENT DEBT MANAGEMENT Quarterly report I 21 JANUARY 216 Government Debt Management Debtmanagement@Norges-Bank.no www.debtnorway.no Tel.: +7 22 31 71 Quarterly report I 21 JANUARY 216 Government Debt
More informationShare information. More information on the ADR programme may be found on Orkla s website under Investor Relations.
215 Through efficient business operations, Orkla aims to achieve long-term value growth for its shareholders which exceeds that of relevant, competitive investment alternatives. For shareholders, this
More informationSix good reasons for choosing DNB in the new banking environment
Six good reasons for choosing DNB in the new banking environment Bank of America Merrill Lynch, 18th Annual Banking & Insurance CEO Conference 2013 24 September, London Rune Bjerke, CEO of DNB 1 Reason
More informationSpheria Australian Smaller Companies Fund
29-Jun-18 $ 2.7686 $ 2.7603 $ 2.7520 28-Jun-18 $ 2.7764 $ 2.7681 $ 2.7598 27-Jun-18 $ 2.7804 $ 2.7721 $ 2.7638 26-Jun-18 $ 2.7857 $ 2.7774 $ 2.7690 25-Jun-18 $ 2.7931 $ 2.7848 $ 2.7764 22-Jun-18 $ 2.7771
More informationPHOENIX ENERGY MARKETING CONSULTANTS INC. HISTORICAL NATURAL GAS & CRUDE OIL PRICES UPDATED TO July, 2018
Jan-01 $12.9112 $10.4754 $9.7870 $1.5032 $29.2595 $275.39 $43.78 $159.32 $25.33 Feb-01 $10.4670 $7.8378 $6.9397 $1.5218 $29.6447 $279.78 $44.48 $165.68 $26.34 Mar-01 $7.6303 $7.3271 $5.0903 $1.5585 $27.2714
More informationExecutive Board meeting
Executive Board meeting August 7 Growth forecasts Consensus Forecasts GDP. Percentage change on previous year 9 8 7 7 8 9 Forecasts June Forecasts June 8 Forecasts July World North Western Japan America
More informationHistorical Pricing PJM COMED, Around the Clock. Cal '15 Cal '16 Cal '17 Cal '18 Cal '19 Cal '20 Cal '21 Cal '22
$50 Historical Pricing PJM COMED, Around the Clock $48 $46 $44 $42 $40 $38 $36 $34 $32 $30 $28 $26 Cal '15 Cal '16 Cal '17 Cal '18 Cal '19 Cal '20 Cal '21 Cal '22 The information presented above was gathered
More informationABGSC affected by complicated market conditions in the quarter Revenues fall 35% and Pre-tax Profits decrease 44%
Press Release ABG Sundal Collier First Quarter 2008 - Report to Shareholders ABGSC affected by complicated market conditions in the quarter Revenues fall 35% and Pre-tax Profits decrease 44% Oslo, 24 April
More informationXML Publisher Balance Sheet Vision Operations (USA) Feb-02
Page:1 Apr-01 May-01 Jun-01 Jul-01 ASSETS Current Assets Cash and Short Term Investments 15,862,304 51,998,607 9,198,226 Accounts Receivable - Net of Allowance 2,560,786
More informationDecember Company Presentation
December Company Presentation Agenda About TGS Review of 16 Market outlook The TGS approach Appendix TGS-NOPEC Geophysical Company ASA. All rights reserved. 2 This is TGS Main offices: Oslo and Houston
More informationHistorical Pricing PJM PSEG, Around the Clock. Cal '15 Cal '16 Cal '17 Cal '18 Cal '19 Cal '20 Cal '21 Cal '22
$70 Historical Pricing PJM PSEG, Around the Clock $65 $60 $55 $50 $45 $40 $35 $30 $25 Cal '15 Cal '16 Cal '17 Cal '18 Cal '19 Cal '20 Cal '21 Cal '22 The information presented above was gathered and compiled
More informationExecutive Summary. July 17, 2015
Executive Summary July 17, 2015 The Revenue Estimating Conference adopted interest rates for use in the state budgeting process. The adopted interest rates take into consideration current benchmark rates
More informationQuarterly report 2 I 2016
GOVERNMENT DEBT MANAGEMENT Quarterly report I 6 JULY 6 Government Debt Management Debtmanagement@Norges-Bank.no www.debtnorway.no Tel.: +7 7 Quarterly report I 6 JULY 6 Government Debt Management Debtmanagement@Norges-Bank.no
More informationEMGS ASA FIRST QUARTER PRESENTATION 2010
EMGS ASA FIRST QUARTER PRESENTATION 2010 CEO, Roar Bekker CFO, Svein Knudsen Hotel Continental, 20 May 2010 OVERVIEW Q1 2010 financial results Revenues: USD 10.7 million EBITDA loss: USD 7.6 million Global
More informationFourth quarter 2016 Presentation to analysts and preliminary results 2016
Fourth quarter 2016 Presentation to analysts and preliminary results 2016 Finn Bjørn Ruyter Oslo, 9 February 2017 Agenda 1 Summary of the year 2016 2 Fourth quarter 2016 results 3 Theme: Strategy 4 Appendix
More informationEY s 2016 Executive and Board Remuneration Report. Norway
EY s 2016 Executive and Board Remuneration Report Norway About this report Did you know In 2015, EY reorganized and introduced the new sub-service line People Advisory Services (PAS). PAS is broader than
More information1 st Quarter 2002 DNO ASA 23 May 2002
1 st Quarter 2002 DNO ASA 23 May 2002 1 Highlights 1st Quarter 2002 Operations Achieved record production > 20.000 BOPD Yemen production up 100 % due to Sharyoof Maintaining good operating margins Reduced
More informationEarnings, Revenues, & Valuation: S&P 500/400/600
Earnings, Revenues, & Valuation: S&P 500/400/600 May 17, Dr. Edward Yardeni 516-972-7683 eyardeni@ Joe Abbott 732-497-5306 jabbott@ Please visit our sites at www. blog. thinking outside the box Table Of
More informationCompany Overview. Financial Performance
Apr/15 May/15 Jun/15 Jul/15 Aug/15 Sep/15 Oct/15 Nov/15 Dec/15 Jan/16 Feb/16 Mar/16 Monarch Networth Capital Limited CMP: 26.00 March 23, 2016 Stock Details BSE code 511551 BSE ID MONARCH Face value (
More informationCiti 2016 Global Energy & Utilities Conference, Boston
Citi 2016 Global Energy & Utilities Conference, Boston Will Ashby VP HR & Communication May 11 th, 2016 Forward-Looking Statements All statements in this presentation other than statements of historical
More informationFishpool Christmas Seminar 2017 Bearish signals going into 2018
Photo: SB1 Markets SEAFOOD SALMON FARMING Fishpool Christmas Seminar 2017 Bearish signals going into 2018 Tore A. Tønseth Phone : (+47) 24 14 74 18 Mobile : (+47) 95 80 62 77 E-mail : tore.tonseth@sb1markets.no
More informationFinancial & Business Highlights For the Year Ended June 30, 2017
Financial & Business Highlights For the Year Ended June, 17 17 16 15 14 13 12 Profit and Loss Account Operating Revenue 858 590 648 415 172 174 Investment gains net 5 162 909 825 322 516 Other 262 146
More informationBusiness & Financial Services December 2017
Business & Financial Services December 217 Completed Procurement Transactions by Month 2 4 175 15 125 1 75 5 2 1 Business Days to Complete 25 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 217 Procurement
More informationWESTWOOD LUTHERAN CHURCH Summary Financial Statement YEAR TO DATE - February 28, Over(Under) Budget WECC Fund Actual Budget
WESTWOOD LUTHERAN CHURCH Summary Financial Statement YEAR TO DATE - February 28, 2018 General Fund Actual A B C D E F WECC Fund Actual Revenue Revenue - Faith Giving 1 $ 213 $ 234 $ (22) - Tuition $ 226
More informationCarbon report SEB Norway Focus Fund
Carbon report SEB Norway Focus Fund Report created on: February 27, 218 The carbon footprint provides a historic snapshot of the emissions from the equity holdings of the fund. The calculations are not
More informationFinancial stability 2/11. Charts
Financial stability /11 Charts External sources of risk to banking sector Vulnerability in banking sector Chart 1.1 Vulnerabilities in the Norwegian banking sector and external sources of risk to the banking
More informationPresentatio. on Q3 2010
Presentatio on Q3 2010 CEO Regin Jacobsen CFO Teitur Samuelsen Oslo November 9 th 2010 Disclaimer This presentation includes statements regarding future results, which are subject to risks and uncertainties.
More informationResults Q Investor presentation
Results Q3 2016 Investor presentation Preparing for another gold medal Trondheim Oct. 28th Oct. 30th Sverre Bjerkeli (57) - CEO: Head of consumer/commercial division at Storebrand (If..) CEO Storebrand
More informationFTSE Nareit All Equity REITs equity market capitalization = $986.8 billion
Nareit REIT Industry Fact Sheet Data as of, except where noted. Unless otherwise noted, all data are derived from, and apply only to, publicly traded US REITs. Industry Size FTSE Nareit All REITs equity
More informationDynamic Management. The SpareBank 1 group s road to a new corporate governance based on the principles of Beyond Budgeting
Dynamic Management The SpareBank 1 group s road to a new corporate governance based on the principles of Beyond Budgeting LESS 2010, Helsinki 18 October 2010 Sigurd Aune, CFO SpareBank 1 Gruppen AS Agenda
More informationEFAS Global X MSCI SuperDividend EAFE ETF
Global X MSCI SuperDividend EAFE ETF ETF.com segment: Equity: Developed Markets Ex-U.S. - High Dividend Competing ETFs: IDV, DTH, HDEF, FIDI Related ETF Channels: Developed Markets Ex-U.S., Smart-Beta
More informationDivision of Bond Finance Interest Rate Calculations. Revenue Estimating Conference Interest Rates Used for Appropriations, including PECO Bond Rates
Division of Bond Finance Interest Rate Calculations Revenue Estimating Conference Interest Rates Used for Appropriations, including PECO Bond Rates November 16, 2018 Division of Bond Finance Calculation
More informationOslo Børs VPS Holding ASA 4th Quarter 2008
Oslo Børs VPS Holding ASA 4th Quarter 2008 27 January 2008 Overview Fourth quarter highlights Letter of intent for strategic co-operation with the London Stock Exchange Considers Central counterparty (CCP)
More informationSecond-quarter 2011 Analytikerpresentasjon presentation to analysts 2. kvartal 2010
Second-quarter 211 Analytikerpresentasjon presentation to analysts 2. kvartal 21 Hafslund ASA Hafslund 8 July 211 ASA Christian 15. juli Berg, 21CEO Christian Berg, CEO Highlights second-quarter 211 High
More informationกก FTSE SET Index Series
กก FTSE SET Index Series ก 14 2551 Agenda 1. FTSE SET Index Series 2. ก ก ก ก ก 3. กก 4. ก FTSE SET Large Cap ก SET50 - ก ก - ก 2 FTSE? FTSE Independent Company 1995 Joint Venture London Stock Exchange
More informationTERMS OF REFERENCE FOR THE INVESTMENT COMMITTEE
I. PURPOSE The purpose of the Investment Committee (the Committee ) is to recommend to the Board the investment policy, including the asset mix policy and the appropriate benchmark for both ICBC and any
More information1 Long Term Debt $ 9,298,554 $ (250,000) $ 9,048, Preferred Stock 30,450 30, % 5 Common Equity 250, %
SUMMARY SCHEDULE ($000'S) Schedule 1 Page 1 of 1 Line Capitalization HISTORICAL YEAR ENDED 12/31/16 Hybrid Percent Equity Adjusted of Total Cost of Cost of Amount Adjustment Amount Capitalization Capital
More informationEconomic Activity Index ( GDB-EAI ) For the month of May 2013 G O V E R N M E N T D E V E L O P M E N T B A N K F O R P U E R T O R I C O
Economic Activity Index ( GDB-EAI ) For the month of May 2013 General Commentary May 2013 GDB-EAI for the month of May registered a 3.4% year-over-year ( YOY ) reduction May 2013 EAI was 126.7, a 3.4%
More informationAsset Manager Performance Comparison
Cape Peninsula University of Technology Retirement Fund August 2017 DISCLAIMER AND WARNINGS: Towers Watson (Pty) Ltd, a Willis Towers Watson company, is an authorised financial services provider. Although
More informationJanuary 2019 Data Release
Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13
More information2018 Financial Management Classes
2018 Financial Management Classes MONEY MANAGEMENT CLASS/BANKING OPERATONS (1ST & 3RD FRIDAY) INVESTING BASICS (2ND FRIDAY) CREDIT MANAGEMENT BLENDED RETIREMENT SYSTEM/THRIFT SAVINGS PLAN (4TH FRIDAY)
More informationAsset Manager Performance Comparison
Cape Peninsula University of Technology Retirement Fund September 2017 DISCLAIMER AND WARNINGS: Towers Watson (Pty) Ltd, a Willis Towers Watson company, is an authorised financial services provider. Although
More informationQ Presentation. Oslo November 2 nd 2018 Hallvard Muri, CEO Simon Nyquist Martinsen, CFO
Q3 218 Presentation Oslo November 2 nd 218 Hallvard Muri, CEO Simon Nyquist Martinsen, CFO Agenda Highlights Financial performance Outlook Q&A Highlights Q3 218 by CEO Hallvard Muri Order Intake development
More informationFEDERAL RESERVE BANK OF MINNEAPOLIS BANKING AND POLICY STUDIES
FEDERAL RESERVE BANK OF MINNEAPOLIS BANKING AND POLICY STUDIES Minneapolis Options Report December 13 th Commodity Markets Option trading rose relative to two weeks ago to a more average level last week
More informationNASDAQ Composite INDEX TICKERS
NASDAQ Composite The Nasdaq Composite Index measures all Nasdaq domestic and international based common type stocks listed on The Nasdaq Stock Market. To be eligible for inclusion in the Index, the security's
More informationCommon stock prices 1. New York Stock Exchange indexes (Dec. 31,1965=50)2. Transportation. Utility 3. Finance
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 000 97 98 99 I90 9 9 9 9 9 9 97 98 99 970 97 97 ""..".'..'.."... 97 97 97 97 977 978 979 980 98 98 98 98 98 98 987 988
More informationVPS Holding ASA (The Norwegian Central Securities Depository) Report for the Second Quarter 2003
VPS Holding ASA (The Norwegian Central Securities Depository) Report for the Second Quarter Profit and Loss Account 2002 2002 2002 Main figures in NOK 000 2nd. Qtr 2nd. Qtr 01.01.- 30.06. 01.01. 30.06.
More informationCONTENTS May #15. Global Data Products 2. Launch of new data product Nordic Historical View 2. NASDAQ OMX Nordic Markets update 3
Global Data Products NORDIC WEEKLY NEWSLETTER CONTENTS May 4 2010 #15 Global Data Products 2 Page Launch of new data product Nordic Historical View 2 NASDAQ OMX Nordic Markets update 3 Exchange of order
More informationCompetitive export financing within ocean industries
Competitive export financing within ocean industries Green Maritime Seminar Rio de Janeiro, 10th of February 2017 Our mission is to provide competitive financial solutions to buyers of Norwegian Capital
More informationCost Estimation of a Manufacturing Company
Cost Estimation of a Manufacturing Company Name: Business: Date: Economics of One Unit: Manufacturing Company (Only complete if you are making a product, such as a bracelet or beauty product) Economics
More informationPRESS RELEASE. Securities issued by Hungarian residents and breakdown by holding sectors. January 2019
7 March 2019 PRESS RELEASE Securities issued by Hungarian residents and breakdown by holding sectors January 2019 According to securities statistics, the amount outstanding of equity securities and debt
More informationHafslund. A pure-play utility. Investor presentation October 2016
Hafslund A pure-play utility Investor presentation October 2016 Disclaimer Certain statements included within this presentation contain (and oral communications made by or on behalf of Hafslund may contain)
More informationRevised October 17, 2016
Revised October 17, 2016 60 ISM Manufacturing Purchasing Managers Index (September 2015 September 2016) 58 56 54 52 50 48 46 44 42 Sept-15 Oct Nov Dec Jan-16 Feb Mar Apr May Jun Jul Aug Sept Purchasing
More informationOutlook for the Norwegian economy
.9.9 Outlook for the Norwegian economy Governor Svein Gjedrem, Norges Bank, September 9 Indicator for world trade -month change. Per cent. January July 9 Manufacturing production Growth in past months.
More informationUSMF WisdomTree U.S. Multifactor Fund
WisdomTree U.S. Multifactor Fund ETF.com segment: Equity: U.S. - Total Market Competing ETFs: DGRW, QDF, TILT, FPX, LRGF Related ETF Channels: North America, Smart-Beta ETFs, Multi-factor, Total Market,
More informationASX Plans to Support and Service the Carbon Pollution Reduction Scheme. Anthony Collins General Manager, Energy & Environment
ASX Plans to Support and Service the Carbon Pollution Reduction Scheme Anthony Collins General Manager, Energy & Environment Outline The Role of Financial Markets Likely Market Evolution Emissions Trading
More informationReview of Registered Charites Compliance Rates with Annual Reporting Requirements 2016
Review of Registered Charites Compliance Rates with Annual Reporting Requirements 2016 October 2017 The Charities Regulator, in accordance with the provisions of section 14 of the Charities Act 2009, carried
More informationPRESS RELEASE. Securities issued by Hungarian residents and breakdown by holding sectors. April 2016
10 June 2016 PRESS RELEASE Securities issued by Hungarian residents and breakdown by holding sectors April 2016 According to securities statistics data, the amount outstanding of equity securities and
More informationABG Sundal Collier. Preliminary 2008 results. Press Release
Press Release ABG Sundal Collier Preliminary 2008 results Oslo, 17 February 2008 The loss of confidence and subsequent turmoil in global financial markets following the collapse of some high profile international
More informationExecutive Board meeting
..9 Executive Board meeting June 9 Equity markets Indices. January =. Daily figures. January June 9 Euro area Norway US Emerging economies Japan Jan- Jun- Nov- Apr- Sep- Feb-9 Jul-9 Source: Thomson Reuters
More informationFactor Leave Accruals. Accruing Vacation and Sick Leave
Factor Leave Accruals Accruing Vacation and Sick Leave Factor Leave Accruals As part of the transition of non-exempt employees to biweekly pay, the UC Office of the President also requires standardization
More informationQ U A R T E R L Y R E P O R T 2018 FIRST QUARTER
Q U A R T E R L Y R E P O R T 2018 FIRST QUARTER Contents Highlights 3 Group summary 5 Business areas 6 Other matters 7 Outlook 7 Financial statements 8 Notes to the financial statements 13 Definitions
More informationEconomic and Revenue Update
Economic and Revenue Update A Briefing for the Money Committees Aubrey L. Layne, Jr. Secretary of Finance Commonwealth of Virginia www.finance.virginia.gov January 2018 Topics for Discussion National and
More informationInflation targeting. Governor Svein Gjedrem Gausdal 31 January Mainland GPD and consumer prices Percentage change on previous year
Inflation targeting Governor Svein Gjedrem Gausdal January SG Gausdal.. Mainland GPD and consumer prices Percentage change on previous year Mainland GDP Consumer prices 99 99 99 99 99 99 99 997 998 999
More informationFirst-quarter 2011 presentation to analysts. Hafslund ASA 4 May 2011 Christian Berg, CEO
First-quarter 211 presentation to analysts Hafslund ASA 4 May 211 Christian Berg, CEO Highlights first quarter 211 EBITDA: NOK 656 million - operating businesses on a par with Q1 21. Power Sales and District
More informationOslo Børs Holding ASA
Oslo Børs Holding ASA 2nd Quarter 2007 14 August 2007 Overview Second quarter highlights Continuing high level of market activity Operating revenues: NOK 147.3 million (134.4) Operating profit: NOK 89.1
More informationAB SICAV I. Report of income for UK tax purposes. Dear Investor,
AB SICAV I Report of income for UK tax purposes Dear Investor, This website comprises a report of income to investors who held investments in AB SICAV I as at 31 May 2017. The classes of shares listed
More informationRussell 2000 Index Options
Interactive Brokers Webcast Russell 2000 Index Options April 20, 2016 Presented by Russell Rhoads, Senior Instructor Disclosure Options involve risks and are not suitable for all investors. Prior to buying
More informationSecurities Note. FRN Prosafe SE Senior Unsecured Bond Issue 2011/2016 NO Prosafe SE, Securities Note ISIN NO
Prosafe SE, 15.03 2011 Securities Note ISIN NO 001 060029.9 Securities Note FRN Prosafe SE Senior Unsecured Bond Issue 2011/2016 NO 001 060029.9 Arangers: 15.03 2011 Prepared according to Commission Regulation
More informationHafslund ASA 10 July 2014 Finn Bjørn Ruyter, CEO
Hafslund ASA 1 July 214 Finn Bjørn Ruyter, CEO Second-quarter highlights 214 EBITDA of NOK 624 million up 1 percent on the previous year due to improvements in results within network and power sales. Customer
More informationSantiago, May 11 th, Results Presentation 1Q18
Santiago, May 11 th, 2018 Results Presentation 1Q18 Agenda I. Highlights II. III. Financial Statements Supply, Demand and Prices IV. Farming Operation V. Prospects 2 Highlights EBIT 1Q18 USD 18.8 million
More informationMarine Harvest. Q Presentation 1 November 2017
Marine Harvest 1 Q3 2017 Presentation 1 November 2017 Forward looking statements This presentation may be deemed to include forward-looking statements, such as statements that relate to Marine Harvest
More informationApril 2018 Data Release
April 2018 Data Release The Home Purchase Sentiment Index (HPSI) is a composite index designed to track consumers housing-related attitudes, intentions, and perceptions, using six questions from the National
More informationAlgo Trading System RTM
Year Return 2016 15,17% 2015 29,57% 2014 18,57% 2013 15,64% 2012 13,97% 2011 55,41% 2010 50,98% 2009 48,29% Algo Trading System RTM 89000 79000 69000 59000 49000 39000 29000 19000 9000 2-Jan-09 2-Jan-10
More informationHIPIOWA - IOWA COMPREHENSIVE HEALTH ASSOCIATION Unaudited Balance Sheet As of July 31
Unaudited Balance Sheet As of July 31 Total Enrollment: 407 Assets: Cash $ 9,541,661 $ 1,237,950 Invested Cash 781,689 8,630,624 Premiums Receivable 16,445 299,134 Prepaid 32,930 34,403 Assessments Receivable
More informationNordic Real Estate Construction Conference
DNB Nordic Real Estate Construction Conference 20th september 2018 Number of employees Results IFRS Value adjusted equity Earnings before tax MNOK 2 625 1 643 37 828 Homes sold Number of members/owners
More informationA model for fiscal policy analysis in Norway Progress update
A model for fiscal policy analysis in Norway Progress update Presentation to Model og Metode Utvalget, May 25 2018 Progress update Governance Project management document finalized Participation from SSB
More informationHIPIOWA - IOWA COMPREHENSIVE HEALTH ASSOCIATION Unaudited Balance Sheet As of January 31
Unaudited Balance Sheet As of January 31 Total Enrollment: 371 Assets: Cash $ 1,408,868 $ 1,375,117 Invested Cash 4,664,286 4,136,167 Premiums Receivable 94,152 91,261 Prepaid 32,270 33,421 Assessments
More informationCompany Overview. Financial Performance
Feb/15 Mar/15 Apr/15 May/15 Jun/15 Jul/15 Aug/15 Sep/15 Oct/15 Nov/15 Dec/15 Jan/16 CMP: 32.30 February 11, 2016 Stock Details BSE code 526558 BSE ID JAMEHOT Face value ( ) 10 No of shares (m) 8.0 52 week
More informationExecutive Board Meeting. 21 September 2011
Executive Board Meeting September Global economic growth GDP growth. Four-quarter change. Q Q - US Euro area Emerging economies¹) Emerging Asian economies¹) - - - 8 ) GDP-weighted (PPP) Sources: IMF, Thomson
More informationSCIJ Global X Scientific Beta Japan ETF
Global X Scientific Beta Japan ETF ETF.com segment: Equity: Japan - Total Market Competing ETFs: FJP, GSJY, QJPN, JHDG, EWJ Related ETF Channels: Multi-factor, Smart-Beta ETFs, Single Country, Total Market,
More informationVINX Benchmark EUR_GI
VINX Benchmark EUR_GI The VINX Benchmark index (VINXB) consists of a selection of the largest and most traded stocks, with representation from a majority of the Industries. The weight of each constituent
More informationOTHER DEPOSITS FINANCIAL INSTITUTIONS DEPOSIT BARKAT SAVING ACCOUNT
WEIGHTAGES JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC ANNOUNCEMENT DATE 19.Dez.14 27.Jän.15 24.Feb.15 26.Mär.15 27.Apr.15 26.Mai.15 25.Jun.15 28.Jul.15 26.Aug.15 23.Sep.15 27.Okt.15 25.Nov.15 MUDARIB
More informationKey IRS Interest Rates After PPA
Key IRS Rates - After PPA - thru 2011 Page 1 of 10 Key IRS Interest Rates After PPA (updated upon release of figures in IRS Notice usually by the end of the first full business week of the month) Below
More informationPRESS RELEASE. Securities issued by Hungarian residents and breakdown by holding sectors. October 2018
PRESS RELEASE 10 December 2018 Securities issued by Hungarian residents and breakdown by holding sectors October 2018 According to securities statistics, the amount outstanding of equity securities and
More information