Exchanges across the globe saw the value of their indexes drop an average of 11.5% in USD terms in the first six months of the year, according to figures released today from the World Federation of Exchanges (WFE).
Among the markets showing gains in the first half of 2010, most were from emerging economies. In addition, several European exchanges in the NASDAQ OMX family, notably Copenhagen, Iceland, and Stockholm, rallied despite an 18% fall in the European/Middle East /African zone. The complete report may be viewed here: (2010 first half market statistics)
Emerging markets and exchanges for junior companies led fund raising activities. Shenzhen Stock Exchange, the mainland market for smaller companies, led all WFE members with USD 22.6 billion raised for initial public offerings (IPOs). That was more than the combined totals for BME Spanish Exchanges, Korea Exchange and London Stock Exchange Group which placed respectively 3rd through 5th. Shanghai Stock Exchange, the second market for IPOs, raised USD 8.9 billion. TSX Group was second to Shenzhen Stock Exchange in the number of IPOs with 137 new companies listed between January- June 2010.
Compared with first half of 2009, the CBOE replaced the International Securities Exchange as the leader in trading stock options, while BM&FBOVESPA placed second thanks to an 80% increase in volume. In stock index options, the National Stock Exchange of India took second place after Korea Exchange, with a 50% increase in volumes compared with the first half of 2009.
For viewing and free downloads of WFE monthly statistics, please visit http://www.world-exchanges.org/statistics
