Published in September 2011 Federation of European Securities Exchanges (FESE) Economics and Statistics Committee (ESC)

Transcription

1 EUROPEAN EXCHANGE REPORT 21 Published in September 211 Federation of European Securities Exchanges (FESE) Economics and Statistics Committee (ESC)

2 FESE EUROPEAN EXCHANGE REPORT 21 Page 2 of 29 FOREWORD BY FESE PRESIDENT The European Exchange Report represents a valuable source of integrated information on Europe s exchange industry and is compiled by the Federation of European Securities Exchanges (FESE). FESE represents the operators of European Regulated Markets, which have a distinct market structure that offers transparent price discovery, the ability to trade at or near to those prices and liquidity for assets admitted to trading on their markets. The European Exchange Report includes key figures of each operator of Regulated Markets which are summarised on a one page statement allowing for easy and transparent comparison of their key financial figures. In particular, the report contains the following detailed information: 1. Company information Contacts, products covered, employees, etc. 2. Trading statistics The best source of comparable securities trading statistics across Europe in line with the FESE Statistics methodology as published on the FESE website 3. Financial figures Detailed information on earnings, revenues and costs including analysis breakdown of the service offered. As in previous years, this information was compiled on the basis of data gathered by the FESE s Economics and Statistics Committee in cooperation with the financial departments of every member. The FESE Secretariat would like to thank all those that contributed to this study and especially the members of the FESE s Economics and Statistics Committee. We hope that you will find this information useful. Hans Ole Jochumsen President of the Federation of European Securities Exchanges

3 FESE EUROPEAN EXCHANGE REPORT 21 Page 3 of 29 TABLE OF CONTENTS Contents ATHENS EXCHANGE... 4 BOLSAS Y MERCADOS ESPAÑOLES (BME)... 5 BÖRSE BERLIN AG... 6 BÖRSE STUTTGART... 7 BRATISLAVA STOCK EXCHANGE... 8 BUCHAREST STOCK EXCHANGE... 9 BUDAPEST STOCK EXCHANGE... 1 BULGARIAN STOCK EXCHANGE SOFIA CYPRUS STOCK EXCHANGE DEUTSCHE BÖRSE GROUP ICE FUTURES EUROPE THE IRISH STOCK EXCHANGE ISTANBUL STOCK EXCHANGE LJUBLJANA STOCK EXCHANGE LONDON METAL EXCHANGE LUXEMBOURG STOCK EXCHANGE MALTA STOCK EXCHANGE... 2 NASDAQ OMX Group Inc NYSE EURONEXT OSLO BØRS PRAGUE STOCK EXCHANGE SIX GROUP SIX SWISS EXCHANGE WARSAW STOCK EXCHANGE WIENER BÖRSE NOTES ON METHODOLOGY CONTACT... 29

4 FESE EUROPEAN EXCHANGE REPORT 21 Page 4 of 29 ATHENS EXCHANGE Name Athens Exchange Type of Company Jointstock company Address 11 Athens Ave, Athens Listed On Athens Exchange (Hellenic Exchanges S.A) Phone Sectors Cash EU regulated markets Fax Cash EU not regulated (exchange regulated) markets Information_Services@helex.gr markets Website Retail bond markets Clearing houses / CCP services providers Year established 1876 Central Securities Depositories / Settlement companies Year of current legal status 2 IT infrastructure and software providers Country of Incorporation Greece Greece Number of employees 265 (end of the year) Sec. Electronic Order Off Reporting Electronic Order Off Electronic Order Off Electronic Order Off Turnover (EUR m) 32,564 2, Trades 7,876,553 2, , , , Trading figures s Book Trades EOB Options and Futures Options & Futures Commodities Turnover (EUR m) 16 Notional Turnover (EUR m) 18,291 Trades 1,455 Contracts Traded 8,382,54 11 Financial figures 21 Main financial results 21 EUR ' Revenues 62,135 Costs 27,478 EBITDA 37,15 EBIT 34,657 Net Income 39, Revenue Breakdown 21 Cost Breakdown 21 1% 1% 7% 4% 3% 21% Listing (admission + ongoing) Trading Clearing / CCP Settlement 9% 1% 46% ICT 14% 3% 37% Custody & Banking ICT services properties) 29% 6% Other costs Footnotes Financial figures are under IAS financial accounting protocol On Revenue breakdown, other revenues include, Auxiliary Fund management revenues, OTC revenues, Xnet/DAC project subsidy revenues and Tax rebates On Cost breakdown, other cost include capital market commission fee

5 FESE EUROPEAN EXCHANGE REPORT 21 Page 5 of 29 BOLSAS Y MERCADOS ESPAÑOLES (BME) Name Bolsas y Mercados Españoles (BME) Type of Company Jointstock company Address Plaza de la Lealtad 1, 2814 Madrid Listed On BME Spanish Exchanges Phone Sectors Cash EU regulated market Fax Cash EU not regulated (exchange regulated) markets InvestorRelations@bolsasymercados.es markets Website Retail bond markets / Wholesale bond markets Clearing houses / CCP services providers Year established 1831 Central Securities Depositories / Settlement Year of current legal status 26 IT infrastructure and software providers Country of Incorporation Spain Market data / Consulting Services Spain Number of employees 711 (average) Sec. Electronic Order Off Reporting Electronic Order Off Electronic Orde Off Electronic Order Off Turnover (EUR m) 1,31, ,18 1,63 n/a 5,968 n/a n/a n/a Trades 4,42,55 198,476 n/a n/a n/a n/a n/a n/a Trading figures ,329 3,345 3, ,922 3,152 s Book Trades EOB Options and Futures Options & FuturesCommodities Turnover (EUR m) 237,55 8,122,455 Notional Turnover (EUR m) 772,494 Trades 18, ,2 Contracts Traded 7,224,162 4,24 Financial figures 21 Main financial results 21 EUR ' Revenues 326,249 Costs 13,199 EBITDA 223,5 EBIT 214,997 Net Income 154, Revenue Breakdown 21 4% 4% 7% 9% Listing (admission + ongoing) Fixed Income (**) Trading & Clearing Cost Breakdown 21 7% 58% 23% 43% Settlement (*) ICT services 35% (*) 8% 2% properties)(***) Footnotes Financial figures are under International Accounting Standards On Revenue breakdown, other revenues include corporate unit revenues, capitalization of development costs & consolidation adjustments between segments

6 FESE EUROPEAN EXCHANGE REPORT 21 Page 6 of 29 BÖRSE BERLIN AG Name Börse Berlin AG Type of Company Jointstock company Address Fasanenstraße 85; 1623 Berlin Listed No Phone +49 () Sectors Cash EU regulated markets Fax +49 () Wholesale bond markets info@equiduct.com Fund trading Website Year established 1685 Year of current legal status 2 Country of Incorporation Germany Number of employees 14 (end of year) Germany Sec. Electronic Order Off Reporting Electronic Order Off Electronic Order Off Electronic Order Off Turnover (EUR m) Trades Trading figures 21 s Book Trades EOB Options and Futures Options & Futures Commodities Turnover (EUR m) Notional Turnover (EUR m) Trades Contracts Traded Financial figures 21 Main financial results 21 EUR ' Revenues 3,65 Costs 4,521 EBITDA 662 EBIT 566 Net Income 3,41 EUR million Revenue Breakdown 21 (Xontro) Cost Breakdown 21 17% 6% 27% Listing (admission + ongoing) 51% 43% ICT properties) Other costs 5% 4% 2% Footnote Financial figures are under Handelsgesetzbuch (HGB) financial accounting protocol

7 FESE EUROPEAN EXCHANGE REPORT 21 Page 7 of 29 BÖRSE STUTTGART Name Boerse Stuttgart Holding GmbH Type of Company Corporation (Association) Address Börsenstraße 4, 7174 Stuttgart Listed Phone +49 () Sectors Cash EU regulated market Fax +49 () info@boersestuttgart.de Website Year established 1861 Year of current legal status 27 Country of Incorporation Germany Number of employees 271 (end of year) Germany, Sweden Sec. Electronic Order Off Reporting Electronic Order Off Electronic Orde Off Electronic Order Off Turnover (EUR m) 1,41 5,27 5,742 1,47 Trades 85,843 3,713, ,669 73,661 Trading figures 21 52, n/a 1,941 s Book Trades EOB Options and Futures Options & FuturCommodities Turnover (EUR m) 26,887 Notional Turnover (EUR m) Trades 47,229 Contracts Traded n/a Financial figures 21 Main financial results 21 EUR ' Revenues 128,628 Costs 12,123 EBITDA 13,375 EBIT 7,857 Net Income 1, Revenue Breakdown 21 Cost Breakdown 21 2% 3% 4% 22% 9% 1% Clearing / CCP Custody & Banking (financial revs.) 33% 1% ICT 4) exchange ICT services 4) 81% properties) 4% 31% Other costs (incl. interests and other fin. expenses) Footnote Financial figures refer to the consolidated annual statement of the Boerse Stuttgart Holding Financial figures are under German HGB financial acconting standards

8 FESE EUROPEAN EXCHANGE REPORT 21 Page 8 of 29 BRATISLAVA STOCK EXCHANGE Name Bratislava Stock Exchange Type of Company Jointstock company Address P.O.Box 151 Vysoká Bratislava 1 Listed No Phone Sectors Cash EU regulated markets Fax Wholesale bond markets info@bsse.sk Clearing houses Website Central Securities Depositories / Settlement companies Year established 1991 Year of current legal status 1991 Country of Incorporation Slovakia Number of employees 26 (end of year) Slovakia Sec. Electronic Order Off Reporting Electronic Order Off Electronic Orde Off Electronic Order Off Turnover (EUR m) Trades 6, , Trading figures 21 s Book Trades EOB Options and Futures Options & FutureCommodities Turnover (EUR m) 55 6,59 Notional Turnover (EUR m) Trades 348 1,234 Contracts Traded 132 Financial figures 21 Main financial results 21 EUR ' Revenues 1,424 Costs 1,513 EBITDA 5 EBIT 1 Net Income Revenue Breakdown 21 Cost Breakdown 21 7% 1% 36% 29% Listing (admission + ongoing) Custody & Banking 34% 54% ICT 3% properties) Other costs 32% 4% Footnote Financial figures are under the following financial accounting protocols: 26: SAS 2721: IFRS Financial figures refer to the exchange and not to the parent company owning the exchange Figures mentioned not include subsidiaries.

9 FESE EUROPEAN EXCHANGE REPORT 21 Page 9 of 29 BUCHAREST STOCK EXCHANGE Name Bucharest Stock Exchange Type of Company Jointstock company Address Bd.Carol I, 3436, etaj 14,2922, Bucuresti Listed On Bucharest Stock Exchange Phone (+4)(21) Sectors Cash EU regulated markets Fax (+4)(21) Cash EU not regulated (exchange regulated) markets bvb@bvb.ro markets Website Clearing houses / CCP services providers Central Securities Depositories / Companies managing Year established 1995 settlement Year of current legal status 25 Country of Incorporation Romania Number of employees 6 (end of year) Romania Sec. Electronic Order Off Reporting Electronic Order Off Electronic Orde Off Electronic Order Off Turnover (EUR m) Trades 515, , , Trading figures s Book Trades EOB Options and Futures Options & FuturesCommodities Turnover (EUR m) Notional Turnover (EUR m) 27 Trades Contracts Traded 25,99 55 Financial figures 21 Main financial results 21 EUR ' Revenues 3,11 Costs 3,66 EBITDA 238 EBIT 71 Net Income 1, Revenues and Costs Revenues Costs Revenue Breakdown 21 Cost Breakdown 21 5% Listing (admission + ongoing) 5% 7% 34% 49% ICT (Materials & Services) 2% 7% 52% ICT services Other (financial&members' fees) 33% 6% Other costs (financial) Footnote Financial figures are under IVth EEC Directive for financial accounting

10 FESE EUROPEAN EXCHANGE REPORT 21 Page 1 of 29 BUDAPEST STOCK EXCHANGE Name Budapest Stock Exchange Type of Company Jointstock company Address H 163 Budapest, Andrássy, út 93. Listed Traded OTC regularly Phone Sectors Cash EU regulated market Fax markets info@bse.hu Wholesale bond markets Website IT infrastructure and software providers Year established 199 Year of current legal status 22 Country of Incorporation Hungary Number of employees 6 (end of year) Hungary Trading figures 21 Sec. Electronic Order Off Reporting Electronic Order Off Electronic Orde Off Electronic Order Off Turnover (EUR m) 19, Trades 2,612, , , , ,89 85 s Book Trades EOB Options and Futures Options & Future Commodities Turnover (EUR m) 85 3 Notional Turnover (EUR m) 7, Trades 1,63 12 Contracts Traded 4,668,597 6, Financial figures 21 Main financial results 21 EUR ' Revenues 12,383 Costs 6,678 EBITDA 6,59 EBIT 6,352 Net Income 4, Revenue Breakdown 21 Cost Breakdown 21 21% 2%.2% 18% Listing (admission + ongoing) Trading 3% 18% 48% Material 3% 5% Index Licence ICT services 4% ICT Other costs 51% properties) 27% Footnote Financial figures are under GAAP financial accounting protocol Financial figures refer to the exchange and not to the parent company owning the exchange

11 FESE EUROPEAN EXCHANGE REPORT 21 Page 11 of 29 BULGARIAN STOCK EXCHANGE SOFIA Name Bulgarian Stock Exchange Sofia Type of Company Jointstock company Address 1 Tri ushi St., 133 Sofia Listed Traded OTC regularly Phone +359() Sectors Cash EU regulated markets Fax +359() bse@bsesofia.b Website Year established 1991 Year of current legal status 1991 Country of Incorporation Bulgaria Number of employees 34 (end of year) Bulgaria Sec. Electronic Order Off Reporting Electronic Order Off Electronic Orde Off Electronic Order Off Turnover (EUR m) Trades 13,18 2, , Trading figures 21 n/a 6 s Book Trades EOB Options and Futures Options & FuturesCommodities Turnover (EUR m) 6 4 Notional Turnover (EUR m) Trades Contracts Traded 7 Financial figures 21 Main financial results 21 EUR ' Revenues 1,13 Costs 1,386 EBITDA 49 EBIT 147 Net Income 145 EUR Million Revenues Costs EBIDTA Revenue Breakdown 21 Cost Breakdown 21 4% 12% 26% Listing (admission + ongoing) 14% 1% 43% ICT 21% ICT services properties) 41% Other costs 37% 1% Footnotes Financial figures are under IFRS financial accounting protocol On Revenue breakdown, other revenues include membership fees and financial sanctions imposed on Exchange members

12 FESE EUROPEAN EXCHANGE REPORT 21 Page 12 of 29 CYPRUS STOCK EXCHANGE Name Cyprus Stock Exchange Type of Company Public sector (State) entity Address 7173 Lordou Vironos Avenue, 196, Not for profit Nicosia 139 Listed No Phone Sectors Regulated Market Fax Website Year established 1993 Year of current legal status 1996 Country of Incorporation Cyprus Number of employees 83 (end of year) Cyprus Sec. Electronic Order Off Reporting Electronic Order Off Electronic Order Off Electronic Order Off Turnover (EUR m) Trades 21, ,1 5,94 11 Trading figures s Book Trades EOB Options and Futures Options & Futures Commodities Turnover (EUR m) Notional Turnover (EUR m) Trades 2, Contracts Traded 58 Financial figures 21 Main financial results 21 EUR ' Revenues 5,35 Costs 5,647 EBITDA 687 EBIT 1,153 Net Income Revenue Breakdown 21 Cost Breakdown 21 5% 2% 22% 32% Listing (admission + ongoing+central depository) &clearing and settlement ICT services 28% 8% 1% ICT & Other Operating 39% properties,penalties,interest) 63% Other costs Footnotes Financial figures are under IFRS financial accounting protocol Financial figures refer to the exchange and not to the parent company owning the exchange Footnote on Revenue, Costs and EBITDA chart Revenue figures include interest income

13 FESE EUROPEAN EXCHANGE REPORT 21 Page 13 of 29 DEUTSCHE BÖRSE GROUP Name Deutsche Börse AG Type of Company Jointstock company Address Neue Börsenstr Frankfurt/Main Listed On Deutsche Börse Phone +49 () Sectors Cash EU regulated market Fax +49 () Cash EU not regulated (exchange regulated) markets info@deutscheboerse.com markets Website Retail bond market; Wholesale bond markets Clearing houses / CCP services providers Year established 1585 Central Securities Depositories / Settlement companies Year of current legal status 1991 IT infrastructure and software providers Country of Incorporation Germany Info. Services, ICSD, Repo Market, Services for Markets managed Austria, Bulgaria, Finland, Germany, Ireland, investment fund industry (directly or indirectly) Switzerland & USA Number of employees 3,49 (end of year) Sec. Electronic Order Off Reporting Electronic Order Off Electronic Order Off Electronic Order Off Turnover (EUR m) 1,236,94 188, ,178 23,355 36,98 156,712 14,344 1,696 6,494 Trades 99,9,496 15,646,51 1,678,165 2,64,45 2,664,316 1,761, , , ,25 1,65, Trading figures , ,833 s Book Trades EOB Options and Futures Options & Futures Commodities Turnover (EUR m) 18,43 64,966 Notional Turnover (EUR m) 28,527,41 69,676,622 Trades 275,853 1,231,68 Contracts Traded 1,316,165, ,81,256 24,839 Financial figures 21 Main financial results 21 EUR ' Revenues 2,225,9 Costs 1,147,1 EBITDA 1,221,2 EBIT 1,91, Net Income 721, ,113 1,16 1, ,665 2,787 1,472 1,646 1,324 1,284 2,323 2,226 1,264 1,27 1,221 1, Revenue Breakdown 21 Cost Breakdown 21 1% 8% 7% 39% Trading Clearing / CCP 19% 35% Settlement Custody & Banking 11% Volume related costs 29% 5% 2% properties) 35% Footnote Financial figures are under IFRS financial accounting protocol traded at Eurex, jointly operated by Deutsche Börse and SIX Swiss Exchange. Total statistics shown in both exchanges.

14 FESE EUROPEAN EXCHANGE REPORT 21 Page 14 of 29 ICE FUTURES EUROPE Name ICE Futures Europe Type of Company Listed Listed on a regulated market managed by other entities Address Milton Gate, 6 Chiswell Street, London EC1Y4SA (IntercontinentalExchange Inc on NYSE) Phone +44 () Sectors Futures & Options Energy Exchange Fax +44 () info@theice.com Website Year established 198 Year of current legal status 25 Country of Incorporation England & Wales Number of employees 72 (end of year) United Kingdom Sec. Electronic Order Off Reporting Electronic Order Off Electronic Order Off Electronic Order Off Turnover (EUR m) Trades Trading figures 21 s Book Trades EOB Options & Futures Options & Future Commodities Turnover (EUR m) Notional Turnover (EUR m) 12,436,345 Trades Contracts Traded 217,191,797 Financial figures 21 Main financial results 21 EUR ' Revenues 17,671 Costs 43,576 EBITDA 137,697 EBIT 136,241 Net Income 14, Revenue Breakdown 21 Revenues Costs EBIDTA Cost Breakdown 21 3% 15% Trading* 1% 82% Footnotes Financial figures are under UK GAAP financial accounting protocol Main financial results are based on UK Filed statutory accounts (functional currency changed from GBP to USD on 3 June 26) converted at correspondent exchange rates. On Revenue Breakdown: *Fees levied on clearing members for transacting on the exchange have been included in derivatives trading

15 FESE EUROPEAN EXCHANGE REPORT 21 Page 15 of 29 THE IRISH STOCK EXCHANGE Name The Irish Stock Exchange Type of Company Mutual company (cooperative principle) Address 28 Anglesea Street Dublin 2 Listed No Phone +353 (1) Sectors Cash EU regulated market Fax +353 (1) Cash EU not regulated (exchange regulated) markets info@ise.ie Listing of, Debt and Investment Funds Website Year established 1793 Year of current legal status 1995 Country of Incorporation Ireland Number of employees 87 (end of year) Ireland Sec. Electronic Order Off Reporting Electronic Order Off Electronic Orde Off Electronic Order Off Turnover (EUR m) 6,752 16, Trades 899, , , Trading figures s Book Trades EOB Options and Futures Options & FutureCommodities Turnover (EUR m) 115,681 Notional Turnover (EUR m) Trades 58,271 Contracts Traded 22,48 Financial figures 21 Main financial results 21 EUR ' Revenues 2,484 Costs 14,844 EBITDA EBIT 5,479 Net Income 4, Revenues, Costs and EBIT Revenues Costs EBIT 6 5 Revenues Breakdown 21 Cost Breakdown 21 18% 6% 69% Listing (admission + ongoing) 18% 6% ICT 54% 7% properties) 22% Footnotes Financial figures are under IFRS financial accounting protocol

16 FESE EUROPEAN EXCHANGE REPORT 21 Page 16 of 29 ISTANBUL STOCK EXCHANGE Name Istanbul Stock Exchange Type of Company Public sector (State) entity Not for profit Address Reşitpaşa Mah. Tuncay Artun Cd. Emirgan İSTANBUL Listed Not listed Phone +9 ( 212) Sectors Cash EU not regulated (exchange regulated) markets Fax +9 ( 212) Wholesale bond markets index@ise.org Retail bond markets Website Clearing houses / CCP services providers Central Securities Depositories Year established 1985 Companies managing settlement Year of current legal status 1985 Country of Incorporation Turkey Turkey Number of employees 489 (end of the year) Sec. Electronic Order Off Reporting Electronic Order Off Electronic Order Off Electronic Order Off Turnover (EUR m) 313, ,86 3,244 3 Trades 81,133, , ,487 27,54 4,876, , Trading figures s Book Trades EOB Options and Futures Options & Futures Commodities Turnover (EUR m) 1,738, ,94 Notional Turnover (EUR m) Trades 1,157,355 Contracts Traded 434 Financial figures 21 Main financial results 21 EUR ' Revenues 13,44 Costs 8,173 EBITDA 26,952 EBIT 63,167 Net Income 62,268 EUR Millions Revenue Breakdown 21 Cost Breakdown 21 28% 14% Listing (admission + ongoing) 16% 3% 4% ICT services 58% 7% 47% properties) 23% Other costs Footnotes Financial figures are under GAAP financial accounting protocol Figures mentioned do not include subsidiaries.

17 FESE EUROPEAN EXCHANGE REPORT 21 Page 17 of 29 LJUBLJANA STOCK EXCHANGE Name Ljubljana Stock Exchange Type of Company Jointstock company Address Slovenska 56 1 Ljubljana Listed Traded OTC Phone Sectors Cash EU regulated market Fax Retail bond markets info@ljse.si IT infrastructure and software providers Website Year established 1989 Year of current legal status 1989 Country of Incorporation Slovenia Number of employees 21 (end of year) Slovenia Sec. Electronic Order Off Reporting Electronic Order Off Electronic Order Off Electronic Order Reporting Book Trades EOB Trades Book Trades EOB Book Trades EOB Book Trades Trades Turnover (EUR m) Trades 11, , ,28 72 Trading figures s Book Trades EOB Options and Futures Options & Futures Commodities Turnover (EUR m) 19 Notional Turnover (EUR m) Trades 3,783 Contracts Traded 8 Financial figures 21 Main financial results 21 EUR ' Revenues 2,118 Costs 2,38 EBITDA 288 EBIT 8 Net Income Revenue Breakdown 21 Cost Breakdown 21 6% 23% 1% 1% 19% Listing (admission + ongoing) 24% 28% ICT services properties) 41% 48% ICT Footnotes Financial figures are under Slovenian Accounting Standards (SAS) protocol

18 FESE EUROPEAN EXCHANGE REPORT 21 Page 18 of 29 LONDON METAL EXCHANGE Name London Metal Exchange Type of Company Joint stock company with explicit profitcap Address 56 Leadenhall Street, London, EC3A 2DX, UK Phone +44 () Listed No listed Fax +44 () Sectors markets Website Year established 1877 Year of current legal status 1987 Country of Incorporation England Number of employees 9 (end of year) United Kingdom Trading figures 21 Sec. Electronic Order Off Reporting Electronic Order Off Electronic Order Off Electronic Order Off Turnover (EUR m) Trades s Book Trades EOB Options and Futures Options & Futures Commodities Turnover (EUR m) Notional Turnover (EUR m) 8,76,829 Trades Contracts Traded 12,258,119 Financial figures 21 Main financial results 21 EUR ' Revenues 5,763 Costs 38,619 EBITDA 18,327 EBIT 12,144 Net Income 9,441 EUR Millions Revenue Breakdown 21 Cost Breakdown 21 23% 54% Trading 26% 23% ICT ICT services properties) 16% Other costs 23% 35% Footnotes Financial figures under IFRS financial accounting protocol

19 FESE EUROPEAN EXCHANGE REPORT 21 Page 19 of 29 LUXEMBOURG STOCK EXCHANGE Name Luxembourg Stock Exchange Type of Company Jointstock company Address 11, av de la PorteNeuve L2227 Luxembourg Listed No Phone Sectors Cash EU regulated market Fax Cash EU not regulated (exchange regulated) markets info@bourse.lu Wholesale bond markets Website IT infrastructure and software providers Year established 1927 Year of current legal status 1928 Country of Incorporation Luxembourg Number of employees 131 (end of year) Luxembourg Sec. Electronic Order Off Reporting Electronic Order Off Electronic Orde Off Electronic Order Off Turnover (EUR m) Trades 11,89 51 (shares) / listing Trading figures 21 75,381 n/a 289 7,581 7,445 s Book Trades EOB Options and Futures Options & Future Commodities Turnover (EUR m) 55 Notional Turnover (EUR m) Trades 512 Contracts Traded 29,566 Financial figures 21 Main financial results 21 EUR ' Revenues 41,228 Costs 24,614 EBITDA 16,614 EBIT 11,41 Net Income 1, Revenue Breakdown 21 26% 2% Cost Breakdown 21 14% 39% 18%.2% 72% Listing (admission + ongoing) ICT services ICT properties) 29% Footnote Financial figures refer to the exchange and not to the parent company owning the exchange Financial figures are under LUXGAAP financial accounting protocol

20 FESE EUROPEAN EXCHANGE REPORT 21 Page 2 of 29 MALTA STOCK EXCHANGE Name Malta Stock Exchange Type of Company Public sector (State) entity Not for profit Address Garrison Chapel Castille Place Valetta CMR1 Listed No Phone Sectors Cash EU regulated market Fax Cash EU not regulated (exchange regulated) markets borza@borzamalta.com.mt Wholesale bond markets Website Retail bond market Central Securities Depositories / Settlement companies Year established 199 Year of current legal status 27 Country of Incorporation Malta Number of employees 5 (end of year) Malta Sec. Electronic Order Off Reporting Electronic Order Off Electronic Order Off Electronic Order Off Turnover (EUR m) 36 Trades 8,767 3, Trading figures 21 s Book Trades EOB Options and Futures Options & Future Commodities Turnover (EUR m) 479 Notional Turnover (EUR m) Trades 1,85 Contracts Traded 13 Financial figures 21 Main financial results 21 EUR ' Revenues 4,381 Costs 2,73 EBITDA 1,651 EBIT 1,651 Net Income 1, Revenue Breakdown 21 Cost Breakdown 21 8% 34% 61% Listing (admission + ongoing) Membership Clearing / Settlement / CSD 45% 47% 5% Footnote Financial figures refer to the exchange and not to the parent company owning the exchange Financial accounts were audited in October 27. The Exchange became MSE Plc as from 1 November 27. Financial figures are under IFRS financial accounting standards

21 FESE EUROPEAN EXCHANGE REPORT 21 Page 21 of 29 NASDAQ OMX GROUP INC. Name NASDAQ OMX Nordic Ltd Type of Company Jointstock company Consolidated figures Address Listed Since 28 subgroup of The NASDAQ OMX Group Inc. (European Corp. Headquarter) Babianinkatu 14 Sectors Cash EU regulated market Phone Cash EU not regulated (exchange regulated) markets Fax markets communications@nasdaq.com Central Securities Depositories / Settlement companies Website in Iceland, Estonia and Latvia Year established 1997 Year of current legal status 1997 Country of Incorporation Finland Number of employees 524 (average in Europe) Europe in Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, Sweden and the UK Sec. Electronic Order Off Reporting Electronic Order Off Electronic Order Off Electronic Order Off Turnover (EUR m) 568,5 44,656 15,91 1,743 12,462 4,771 6,343 2,547 Trades 68,799, ,71 1,436,58 538, ,44 4,35 359,391 1,243, , Trading figures 21 3, s Book Trades EOB Options and Futures Options & Futures Commodities Turnover (EUR m) 6,64 1,978,723 Notional Turnover (EUR m) 542,443 2,921,976 Trades 167,198 n/a Contracts Traded 81,365,96 27,613,844 5,62 Financial figures 21 Main financial results 21 EUR ' Revenues 261, Costs 113, EBITDA 148, EBIT 18, Net Income 63, Revenue Breakdown 21 Cost Breakdown 21 2 % 5 % 18 % Listing (admission + ongoing) 28 % 27 % incl derivatives trading ICT 57 % properties) 26 % 19 % Other costs Footnotes Financial figures are under Finnish accounting protocol (quite in line with IFRS) Figures are NASDAQ OMX Ltd consolidated figures

22 FESE EUROPEAN EXCHANGE REPORT 21 Page 22 of 29 NYSE EURONEXT Name NYSE EURONEXT Type of Company Jointstock company Address Listed On NYSE Euronext (European Corp. Headquarter) 39, rue Cambon 7539 Paris cedex 1 Sectors Cash EU regulated markets Phone +33 () Cash EU not regulated (exchange regulated) markets Fax +33 () markets info@euronext.com IT infrastructure and software providers Website Year of Incorporation 27 Country of Incorporation USA Number of employees 3,968 (end of year) Belgium, France, Netherlands, Portugal, United Kingdom and USA Sec. Electronic Order Off Reporting Electronic Order Off Electronic Order Off Electronic Order Off Book Trades EOB Trades Book EOB Book EOB Book EOB Turnover (EUR m) 1,532, ,32 1,117,119 25, ,859 2,5 15,53 22 Trades 18,371, , ,591 4,615, ,269,666 13, ,89 56 Listed Domestic companies Trading figures 21 Only for European markets 2,184,76 1,135 18, , s Book EOB Options and Futures Options & Futures Commodities Turnover (EUR m) 13,942 6,652 Notional Turnover (EUR m) 8,754, ,648,12 232,195 Trades 739,867 1,626 Contracts Traded 618,226,24 51,474,224 16,652,653 3,957 Financial figures 21 Main financial results 21 EUR ' Revenues 3,344,61 Costs 2,569,84 EBITDA 774,222 EBIT 562,314 Net Income 436, Revenue Breakdown 21 Cost Breakdown 21 11% 1% 8% 7% 41% Listing (admission + ongoing) Trading 25% 56% ICT 23% ICT services ICT services 19% Footnotes Euronext & NYSE have merged in April 27. All the information refers to NYSE Euronext except for trading figures which only refer to the European trading. Main financial results are based on US GAAP since April 27 converted at correspondent exchange rates. On Revenues, Cost and EBIDTA: * 2721 Data are not fully comparable with previous year data since they include figures of the holding company Euronext N.V.

23 FESE EUROPEAN EXCHANGE REPORT 21 Page 23 of 29 OSLO BØRS Name Oslo Børs VPS Holding ASA Type of Company Jointstock company Address PO.Box. 46, Sentrum N15 Oslo Listed Traded OTC regularly Phone Sectors Cash EU regulated market Fax markets Wholesale bond markets Website Clearing houses / CCP services providers Central Securities Depositories / Companies Year established 1819 managing settlement Year of current legal status 21 Country of Incorporation Norway Number of employees 265 (end of year) Norway Sec. Electronic Order Off Reporting Electronic Order Off Electronic Order Off Electronic Order Off Turnover (EUR m) 198,753 18, ,793 Trades 18,735,452 53,82 13,765 45, ,35 219, Trading figures year s Book Trades EOB Options and Futures Options & FuturCommodities Turnover (EUR m) 11,936 41,869 Notional Turnover (EUR m) 7,994 Trades 1,94 22,22 Contracts Traded 13,731,283 1,154 Financial figures year 21 Main financial results 21 EUR ' Revenues 117,686 Costs 71,292 EBITDA 64,285 EBIT 46,394 Net Income 34, Revenue Breakdown year 21 Cost Breakdown year 21 17%.5% 12% 17% Listing (admission + ongoing) Trading 25% 45% 45% Clearing / CCP 1.5% 5% Settlement ICT services 3% Footnote Financial figures refer to the exchange and not to the parent company owning the exchange Financial figures are under IFRS financial accounts standards

24 FESE EUROPEAN EXCHANGE REPORT 21 Page 24 of 29 PRAGUE STOCK EXCHANGE Name Prague Stock Exchange Type of Company Jointstock company Address Rybna Prague 1 Listed No Phone Sectors Cash EU regulated markets Fax Cash EU not regulated (exchange regulated) markets info@pse.cz markets Website Clearing houses / CCP services providers Central Securities Depositories Year established 1993 Companies managing settlement Year of current legal status 1993 Country of Incorporation Czech Republic Number of employees 9 (end of year) Czech Republic Sec. Electronic Order Off Reporting Electronic Order Off Electronic Orde Off Electronic Order Off Turnover (EUR m) 15, Trades 1,162, , Trading figures s Book Trades EOB Options and Futures Options & Futures Commodities Turnover (EUR m) 2,915 Notional Turnover (EUR m) 8 Trades 28 6,495 Contracts Traded 1, Financial figures 21 Main financial results 21 EUR ' Revenues 17,288 Costs 13,221 EBITDA 7,441 EBIT 4,991 Net Income 4, Revenue Breakdown 21 Cost Breakdown 21 1% 3% 41% 29% Listing (admission + ongoing) 33% 36% ICT Settlement properties) Other costs 26% 18% 1% 12%

25 FESE EUROPEAN EXCHANGE REPORT 21 Page 25 of 29 SIX GROUP SIX SWISS EXCHANGE Name SIX Group Type of Company Jointstock company SIX Swiss Exchange Listed No Address Selnaustrasse Zürich Sectors CH regulated cash markets/ch not regulated (exchange regulated) markets Phone +41() markets Fax +41() Retail bond markets CCP, Central Securities Depository and Custodian Services Websites IT infrastructure and software providers (for Year established 1993 SIX Swiss Exchange and Scoach CH) Year of current legal status 28 Data vending, credit card solutions, electronic payment processing Country of Incorporation Switzerland Number of employees 249 (end of year) Switzerland & Germany Sec. Electronic Order Off Reporting Electronic Order Off Electronic Order Off Electronic Order Off Turnover (EUR m) 595,339 14,876 44,834 26,88 1,927 39,762 12,141 3, Trades 32,13,416 6, ,51 1,365,971 3,36 692,231 4, ,859 1,292 (Swiss Exchang (shares) / listings 916, Trading figures 21 3, n/a 21 s Book Trades EOB Options and Futures Options & Futures Commodities Turnover (EUR m) 32,29 86,871 Notional Turnover (EUR m) 28,527,41 69,676,622 Trades 454,921 65,912 Contracts Traded 1,316,165, ,81,256 1,425 Financial figures 21 Main financial results 21 EUR ' Revenues 271,484 Costs 148,19 EBITDA 15,224 EBIT 94,593 Net Income n/a Revenue Breakdown 21 Cost Breakdown 21 1% 6% 1% 24% Listing (admission + ongoing) properties) 69% 7% Other costs 74% Footnotes Financial data for 2627 under IFRS. Financial data for 2821 according to Management Accounts (not IFRS and not approved by auditors). traded at Eurex, jointly operated by SIX Swiss Exchange and Deutsche Börse. Total statistics shown in both exchanges.

26 FESE EUROPEAN EXCHANGE REPORT 21 Page 26 of 29 WARSAW STOCK EXCHANGE Name Warsaw Stock Exchange Type of Company Jointstock company Listed Yes Address Ksiazeca Warsaw Sectors Cash EU regulated market Phone Cash alternative (exchange regulated) market Fax markets gpw@gpw.pl Wholesale bond markets Website Retail bond markets Year established 1991 Year of current legal status 1991 Country of Incorporation Poland Number of employees 29 (end of year) Poland Sec. Electronic Order Off Reporting Electronic Order Off Electronic Orde Off Electronic Order Off Turnover (EUR m) 52,26 7, Trades 13,12,775 5,76 23,48 4 2, , , Trading figures ,15 58 s Book Trades EOB Options and Futures Options & Futur Commodities Turnover (EUR m) Notional Turnover (EUR m) 88,65 Trades 21, Contracts Traded 14,61, Financial figures 21 Main financial results 21 EUR ' Revenues 56,769 Costs 33,8 EBITDA 3,692 EBIT 22,969 Net Income 23,739 EUR million Revenue Breakdown 21 Cost Breakdown 21 14% 2% 9% Listing (admission + ongoing) 12% 33% 18% Trading 57% properties) 55% Footnotes Operating revenues and costs (excluding financial revenues and costs) Figures are under International Financial Reporting Standards (IFRS) protocol

27 FESE EUROPEAN EXCHANGE REPORT 21 Page 27 of 29 WIENER BÖRSE Name Vienna Stock Exchange Type of Company Jointstock company Address Wallnerstraße 8 Box 192, A114 Vienna Listed OTC traded regularly Phone Sectors Cash EU regulated market Fax Cash EU not regulated (exchange regulated) markets info@wienerborse.at markets Website Year established 1771 Year of current legal status 1997 Country of Incorporation Austria Number of employees 1 (end of year) Austria Sec. Electronic Order Off Reporting Electronic Order Off Electronic Orde Off Electronic Order Off Turnover (EUR m) 36, Trades 4,783,239 3,735 1, , Trading figures s Book Trades EOB Options and Futures Options & FuturCommodities Turnover (EUR m) 1,7 Notional Turnover (EUR m) 17,18 Trades 26,287 Contracts Traded 838,938 3,657 Financial figures 21 Main financial results 21 EUR ' Revenues 51,764 Costs 26,84 EBITDA 26,62 EBIT 24,924 Net Income 21, Revenue Breakdown 21 Cost Breakdown 21 1% 9% 6% 24% 55% Listing (admission + ongoing) 23% 37% Trading ICT Clearing / CCP 1% 1% properties) 34% Footnote Financial figures refer to the exchange and not to the parent company owning the exchange Financial figures are under local GAAP financial acconting standards

28 FESE EUROPEAN EXCHANGE REPORT 21 Page 28 of 29 NOTES ON METHODOLOGY Trading figures: Trading statistics follow the FESE Statistics Methodology: Electronic Order Book Trades contain all transfers of ownership by way of trades automatically executed through the Exchanges' electronic order book. Off Electronic Order Book Trades include all other transfers of ownership by way of trades executed away from the electronic order book and involving at least one member / intermediary of an Exchange. Reporting Trades include trades reported through a Trade Reporting Facility (TRF) when only one counterparty provides information on the trade and offers dissemination services at the request of the reporting trader. Turnover methodology was reviewed in 21 (FESE Statistics Methodology: ). Market Capitalisation (Market Cap.) is the total number of issued shares of the company (including their several classes) multiplied by the respective share price at a given time. The total is the sum of the total market capitalisation of each domestic company admitted to listing included in the Exchange. The market capitalisation figures include: shares of domestic companies shares of foreign companies which are exclusively listed on an exchange, i.e. the foreign company is not listed on any other exchange common and preferred shares shares without voting rights when available investment /participation certificates when available The market capitalisation figures exclude: collective investment funds rights, warrants, convertible instruments options, futures foreign listed shares other than exclusively listed ones companies whose only business goal is to hold shares of other listed companies Turnover or share trading value is the total number of shares traded multiplied by their respective prices. Notional Turnover is an approximate measure of the value of the number of contracts traded expressed with reference to the underlying asset, enabling comparison between cash and derivatives trading and among different derivatives products. It is computed as the number of contracts traded multiplied by the assets underlying amount and value. All trading figures (value and number of transactions) are single counted in order to ensure data comparability. General information and financial figures according to: EBIT Earnings Before Interest and Taxes. EBITDA Earnings Before Interest, Taxes, Amortization. ICT Information and Communication Technologies Information sources Trading figures 21 taken from FESE Statistics Database: General information and Financial figures 21 provided by FESE members.

29 FESE EUROPEAN EXCHANGE REPORT 21 Page 29 of 29 CONTACT FESE Secretariat Rosa Armesto Head of Economics and Statistics & Fixed Income Tel: stats@fese.eu Sara Baldi Administrative Assistant Tel: sara@fese.eu