December 2016 Including Quarterly Analysis FTSE Mondo Visione Exchanges Index Monthly Analysis
The FTSE Mondo Visione Exchanges Index is a comprehensive measure of all publicly traded stock exchanges and trading floors: Australian Securities Exchange Ltd BATS Global Markets BM&F Bovespa Bolsa Mexicana de Valores SA Bolsa y Mercado Espanoles Bulgarian Stock Exchange - Sofia Bursa de Valori Bucuresti SA Bursa Malaysia CBOE Holdings CME Group Deutsche Bourse Dubai Financial Market Euronext Hellenic Exchanges SA Hong Kong Exchanges and Clearing Ltd IntercontinentalExchange Japan Exchange Group Johannesburg Stock Exchange Ltd London Stock Exchange Group Moscow Exchange Multi Commodity Exchange of India Nairobi Securities Exchange Nasdaq New Zealand Exchange Ltd Philippine Stock Exchange Singapore Exchange Ltd TMX Group Warsaw Stock Exchange
INDEX VALUE Index Value 30/12/2016 36814.56 30/11/2016 36781.05 Closing all-time high - 6 December 48486.38 2007 PERFORMANCE Capital Return YTD (USD%) 7.7 1M (USD%) 0.1 12M (USD%) 7.7
CONSTITUENT MARKET CAPITALISATION AND CAPITAL RETURN RANKED BY 1 MONTH PERFORMANCE (USD TERMS) Constituent Name Country Net Market Cap (USDm) 1M YTD Bulgarian Stock Exchange Bulgaria 5 12.8 29.6 29.6 Moscow Exchange Russia 2,795 12.3 64.4 64.4 Nairobi Securities Exchange Kenya 36 9.8-21.2-21.2 Dubai Financial Market United Arab Emirates 545 9.6 1.6 1.6 Warsaw Stock Exchange Poland 257 7.9 5.1 5.1 CBOE Holdings USA 6,014 7.2 13.9 13.9 JSE South Africa 1,044 6.5 46.4 46.4 TMX Group Limited Canada 2,031 5.9 107 107 Euronext France 2,891 5.9-19.5-19.5 BATS Global Markets USA 2,390 5.6 - - Multi Commodity Exchange of India India 324 5.1 33.5 33.5 London Stock Exchange Group United Kingdom 11,352 4.9-11 -11 Nasdaq USA 8,709 4.7 15.4 15.4 Bursa Malaysia Malaysia 681 4.1 1.4 1.4 Hellenic Exchanges SA Greece 310 3.2-5.5-5.5 BM&F Bovespa Brazil 8,741 3.2 84.2 84.2 NZX Ltd New Zealand 196 2.3 0 0 CME Group USA 36,822 2.2 27.3 27.3 Intercontinental Exchange USA 33,498 1.8 10.1 10.1 Deutsche Boerse Germany 15,271 1.1-7.5-7.5 ASX Australia 6,910 0.2 16.6 16.6 S.C. Bursa de Valori Bucuresti S.A. Romania 52-0.1 3.8 3.8 Bolsa Mexicana de Valores SAB de CV Mexico 786-0.4 0.1 0.1 Singapore Exchange Singapore 4,080-2.8-8.7-8.7 Bolsas y Mercados Espanoles Spain 2,271-3 -12.5-12.5 Japan Exchange Group Japan 7,862-3.7-9.8-9.8 Philippine Stock Exchange Philippines 352-6.5-17.9-17.9 Hong Kong Exchanges & Clearing Hong Kong 28,766-10.2-7.7-7.7 12M
CONSTITUENT CAPITAL RETURNS RANKED BY 1 MONTH PERFORMANCE (LOCAL CURRENCY TERMS) Constituent Name Country Currency 1M YTD Bulgarian Stock Exchange Bulgaria BGN 13.4 33.5 33.5 Nairobi Securities Exchange Kenya KES 10.6-21.1-21.1 Dubai Financial Market United Arab Emirates AED 9.6 1.6 1.6 Warsaw Stock Exchange Poland PLN 7.5 11.1 11.1 CBOE Holdings USA USD 7.2 13.9 13.9 Euronext France EUR 6.5-17.1-17.1 Moscow Exchange Russia RUB 6.1 37.4 37.4 London Stock Exchange Group United Kingdom PNC 6 6.2 6.2 TMX Group Limited Canada CAD 5.6 99.8 99.8 BATS Global Markets USA USD 5.6 - - Nasdaq USA USD 4.7 15.4 15.4 Bursa Malaysia Malaysia MYR 4.6 6 6 Multi Commodity Exchange of India India INR 4.2 36.9 36.9 NZX Ltd New Zealand NZD 4-1.9-1.9 JSE South Africa ZAR 3.9 29.2 29.2 Hellenic Exchanges SA Greece EUR 3.8-2.7-2.7 ASX Australia AUD 2.2 17.1 17.1 CME Group USA USD 2.2 27.3 27.3 Intercontinental Exchange USA USD 1.8 10.1 10.1 Deutsche Boerse Germany EUR 1.7-4.7-4.7 S.C. Bursa de Valori Bucuresti S.A. Romania RON 1.4 7.4 7.4 Bolsa Mexicana de Valores SAB de CV Mexico MXN 0.2 19.4 19.4 BM&F Bovespa Brazil BRL -0.7 51.5 51.5 Japan Exchange Group Japan JPY -1.4-12.6-12.6 Singapore Exchange Singapore SGD -1.9-7 -7 Bolsas y Mercados Espanoles Spain EUR -2.5-9.9-9.9 Philippine Stock Exchange Philippines PHP -6.5-13.3-13.3 Hong Kong Exchanges & Clearing Hong Kong HKD -10.2-7.7-7.7 12M
1 YEAR PERFORMANCE CHART OF THE FTSE MONDO VISIONE EXCHANGES INDEX (USD CAPITAL RETURN) 40,000 38,000 04 May 2016: Intercontinental Exchange confirms it has no intention to bid for London Stock Exchange Group plc 10 Aug 2016: Deutsche Boerse AG shareholders tender over 75% of shares under exchange offer for London Stock Exchange Group plc merger 20 Dec 2016: Euronext announces exclusive talks with London Stock Exchange Group plc on potential acquisition of LCH Clearnet SA 36,000 04 Jul 2016: London Stock Exchange Group plc shareholders approve merger with Deutsche Boerse AG Index Value 34,000 32,000 30,000 28,000 22 Jan 2016: ASX selects Digital Asset to develop distributed ledger technology solutions 23 Feb 2016: Deutsche Boerse AG and London Stock Exchange Group plc confirm talks about a potential "merger of equals" 01 Mar 2016: Intercontinental Exchange mulls counteroffer for London Stock Exchange Group plc 20 Jun 2016: BATS Global Markets Inc is added to FTSE Mondo Visione Exchanges Index 26 Jul 2016: Deutsche Boerse AG shareholders approve merger with London Stock Exchange Group plc 26 2016: CBOE Holdings agrees to acquire Bats Global Markets to strengthen its global position in innovative tradable products and services 14 Nov 2016: NASDAQ names Adena Friedman President and Chief Executive Officer, who also joins the Board of Directors, effective 1 January, 2017 10 Oct 2016: Hong Kong Exchanges and Clearing Limited (HKEX) subsidiaries, Stock Exchange of Hong Kong Limited (SEHK) and Hong Kong Securities Clearing Company Limited (HKSCC), sign an agreement with Shenzhen Stock Exchange (SZSE) and China Securities Depository and Clearing Corporation Limited (ChinaClear) to establish Shenzhen-Hong Kong Stock Connect 26,000 FTSE International Limited
1 Year (USD Capital Return) Constituents 1 Year ASX 16.6 BATS Global Markets - BM&F Bovespa 84.2 Bolsa Mexicana de Valores SAB de CV 0.1 Bolsas y Mercados Espanoles -12.5 Bulgarian Stock Exchange 29.6 Bursa Malaysia 1.4 CBOE Holdings 13.9 CME Group 27.3 Deutsche Boerse -7.5 Dubai Financial Market 1.6 Euronext -19.5 Hellenic Exchanges SA -5.5 Hong Kong Exchanges & Clearing -7.7 Intercontinental Exchange 10.1 Japan Exchange Group -9.8 JSE 46.4 London Stock Exchange Group -11.0 Moscow Exchange 64.4 Multi Commodity Exchange of India 33.5 Nairobi Securities Exchange -21.2 Nasdaq 15.4 NZX Ltd 0.0 Philippine Stock Exchange -17.9 S.C. Bursa de Valori Bucuresti S.A. 3.8 Singapore Exchange -8.7 TMX Group Limited 107.0 Warsaw Stock Exchange 5.1
PERFORMANCE OF QUARTER AGAINST PREVIOUS QUARTER (USD CAPITAL RETURN) Constituent Name Q4 2016 Q3 2016 FTSE/MV Exchanges Index 0.6 6.0 ASX -2.3 8.2 BATS Global Markets 12.0 15.2 BM&F Bovespa -2.0-7.9 Bolsa Mexicana de Valores SAB de CV -17.0 4.9 Bolsas y Mercados Espanoles -0.6 6.8 Bulgarian Stock Exchange 14.1 11.3 Bursa Malaysia -7.5 0.4 CBOE Holdings 13.9-2.7 CME Group 10.4 7.3 Deutsche Boerse 0.9-0.8 Dubai Financial Market -4.6 4.0 Euronext -3.1 15.9 Hellenic Exchanges SA 11.9 2.7 Hong Kong Exchanges & Clearing -10.1 8.7 Intercontinental Exchange 4.7 5.2 Japan Exchange Group -7.4 35.7 JSE 3.2-7.9 London Stock Exchange Group -1.0 7.5 Moscow Exchange 2.4 14.0 Multi Commodity Exchange of India -8.0 36.9 Nairobi Securities Exchange -8.7-20.7 Nasdaq -0.6 4.4 NZX Ltd -5.0 8.2 Philippine Stock Exchange -13.5-1.2 S.C. Bursa de Valori Bucuresti S.A. -1.6 17.0 Singapore Exchange -8.8-4 TMX Group Limited 16.3 10.8 Warsaw Stock Exchange -2 17.1
PERFORMANCE OF QUARTER AGAINST QUARTER FOR PREVIOUS YEAR (USD CAPITAL RETURN) Constituent Name Q4 2016 Q4 2015 FTSE/MV Exchanges Index 0.6 5.7 ASX -2.3 16.1 BATS Global Markets 12.0 - BM&F Bovespa -2.0-1.1 Bolsa Mexicana de Valores SAB de CV -17.0-15.4 Bolsas y Mercados Espanoles -0.6 0.1 Bulgarian Stock Exchange 14.1-11.7 Bursa Malaysia -7.5 6.2 CBOE Holdings 13.9-3.2 CME Group 10.4-2.3 Deutsche Boerse 0.9 2.8 Dubai Financial Market -4.6-26.8 Euronext -3.1 20.8 Hellenic Exchanges SA 11.9 4.2 Hong Kong Exchanges & Clearing -10.1 12.3 Intercontinental Exchange 4.7 9.1 Japan Exchange Group -7.4 9.5 JSE 3.2-11.5 London Stock Exchange Group -1.0 10.4 Moscow Exchange 2.4 2.6 Multi Commodity Exchange of India -8.0-2.0 Nairobi Securities Exchange -8.7 19.2 Nasdaq -0.6 9.1 NZX Ltd -5.0 16.8 Philippine Stock Exchange -13.5-7.7 S.C. Bursa de Valori Bucuresti S.A. -1.6-17.2 Singapore Exchange -8.8 9.8 TMX Group Limited 16.3-26.3 Warsaw Stock Exchange -2-9.3
FTSE MONDO VISIONE EXCHANGES INDEX AND THE FTSE ALL-WORLD INDEX PERFORMANCE SINCE 17 AUGUST 2001 (USD CAPITAL RETURN) 50000 45000 40000 35000 30000 25000 20000 15000 10000 5000 0 Aug-01 Dec-01 Apr-02 Aug-02 Dec-02 Apr-03 Aug-03 Dec-03 Apr-04 Aug-04 Dec-04 Apr-05 Aug-05 Dec-05 Apr-06 Aug-06 Dec-06 Apr-07 Aug-07 Dec-07 Apr-08 Aug-08 Dec-08 Apr-09 Aug-09 Dec-09 Apr-10 Aug-10 Dec-10 Apr-11 Aug-11 Dec-11 Apr-12 Aug-12 Dec-12 Apr-13 Aug-13 Dec-13 Apr-14 Aug-14 Dec-14 Apr-15 Aug-15 Dec-15 Apr-16 Aug-16 Dec-16 FTSE Mondo Visione Exchanges Index FTSE All-World Index* * FTSE All-World Index rebased to 5000 on 17 August 2001
1 YEAR CONSTITUENT PERFORMANCE (USD CAPITAL RETURN) 120% 107.0 100% 84.2 80% 64.4 60% 46.4 40% 20% 0% 16.6 n/a 0.1 29.6 1.4 13.9 27.3 1.6 10.1 33.5 15.4 0.0 3.8 5.1-20% -12.5-7.5-19.5-5.5-7.7-9.8-11.0-21.2-17.9-8.7-40% ASX BATS Global Markets BM&F Bovespa Bolsa Mexicana de Valores SAB de CV Bolsas y Mercados Espanoles Bulgarian Stock Exchange Bursa Malaysia CBOE Holdings CME Group Deutsche Boerse Dubai Financial Market Euronext Hellenic Exchanges SA Hong Kong Exchanges & Clearing Intercontinental Exchange Japan Exchange Group JSE Source: FTSE Group and Thomson Datastream, data as at 30 December 2016 London Stock Exchange Group Moscow Exchange Multi Commodity Exchange of India Nairobi Securities Exchange Nasdaq NZX Ltd Philippine Stock Exchange S.C. Bursa de Valori Bucuresti S.A. Singapore Exchange TMX Group Limited Warsaw Stock Exchange
1 YEAR EXCESS CAPITAL RETURNS AGAINST THE FTSE MONDO VISIONE EXCHANGES INDEX (USD CAPITAL RETURN) 120% 100% 99.3 80% 76.5 60% 56.7 40% 20% 0% -20% -40% 8.9 n/a -7.6-20.2 21.9-6.3 6.2 19.6-15.2-6.1-13.2-15.4-27.2 2.4-17.5 38.7-18.7 25.8-28.9 7.7-7.7-25.6-3.9-16.4-2.6 ASX BATS Global Markets BM&F Bovespa Bolsa Mexicana de Valores SAB de CV Bolsas y Mercados Espanoles Bulgarian Stock Exchange Bursa Malaysia CBOE Holdings CME Group Deutsche Boerse 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 Nasdaq NZX Ltd Philippine Stock Exchange S.C. Bursa de Valori Bucuresti S.A. Singapore Exchange TMX Group Limited Warsaw Stock Exchange Source: FTSE Group and Thomson Datastream, data as at 30 December 2016
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