All constituents of the FTSE Mondo Visione Exchanges Index bar three were in positive territory this month. Top of the leader board was BM&F Bovespa which was the best performer by capital returns in US dollars with a 48.6 per cent increase in share price. As the possibility of Brazil’s embattled President Dilma Rousseff being ousted has risen, so has BM&F Bovespa’s share price. The next best performer was Bolsa Mexicana de Valores with a 25 per cent increase.
The three exchanges in negative territory were Japan Exchange Group, Dubai Financial Market and Intercontinental Exchange.
FTSE Mondo Visione Exchanges Index worst performer by capital returns in US dollars was Intercontinental Exchange and Dubai Financial Market, each with a 1.4 per cent decrease in share price; this was followed by Japan Exchange Group with a 1.1 per cent decrease.
In mid-March the London Stock Exchange Group and Deutsche Börse formally agreed to combine their businesses, maintaining the respective strengths and capabilities of Frankfurt and London. The combined group anticipates cost savings of EUR 450 million per annum in year three post transaction. These cost savings would be achieved largely through harmonisation of trading and post-trade platforms based on best of breed technology in the combined group, IT efficiencies and integration of the combined group's index businesses.
Intercontinental Exchange has indicated that it could make a bid but now has until late April to submit a counter bid to acquire the London Stock Exchange Group.
Commenting on the Index which closed at 34,517.13 on 31 March 2016, Herbie Skeete, Managing Director, Mondo Visione and Co-founder of the Index said: “Like the result of the UK EU referendum, this one may be too close to call. An early shareholder vote before the June 23 Brexit referendum vote may be on the cards. ”
1 YEAR PERFORMANCE CHART OF THE FTSE MONDO VISIONE EXCHANGES INDEX (USD CAPITAL RETURN)
Monthly FTSE Mondo Visione Exchanges Index Performance (Capital Return, USD)
July 2014 |
3.1% |
August 2014 |
2.3% |
September 2014 |
-3.6% |
October 2014 |
2.8% |
November 2014 |
2.5% |
December 2014 |
-0.5% |
January 2015 |
-1.0% |
February 2015 |
8.5% |
March 2015 |
0.0% |
April 2015 |
10.7% |
May 2015 |
0.1% |
June 2015 |
-3.2% |
July 2015 |
-2.7% |
August 2015 |
-5.3% |
September 2015 |
-2.1% |
October 2015 |
7.6% |
November 2015 |
0.4% |
December 2015 |
-2.2% |
January 2016 |
-4,7% |
February 2016 |
-0.7% |
March 2016 | 6.7% |
About FTSE Mondo Visione Exchanges Index
The FTSE Mondo Visione Exchanges Index, a joint venture between FTSE Group and Mondo Visione, was established in 2000.
It is the first Index in the world to focus on listed exchanges and other trading venues. The FTSE Mondo Visione Exchanges Index compares performance of individual exchanges and trading platforms and provides a reliable barometer of the health and performance of the exchange sector.
It enables investors to track 27 publicly listed exchanges and trading floors and focuses attention of the market on this important sector.
The FTSE Mondo Visione Exchanges Index includes all publicly traded stock exchanges and trading floors:
- Australian Securities Exchange Ltd
- BM&F Bovespa
- Bolsa Mexicana de Valores SA
- Bolsa y Mercado Espanoles
- Bulgarian Stock Exchange
- 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 Inc
- Japan Exchange Group, Inc
- 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