Among global financial exchanges Dubai Financial Market provided the strongest performance, quarter against quarter, experiencing an increase in share price of 62.1 per cent in Q2 against 3.6 per cent in Q1.
Dubai Financial Market (Photo credit: Wikipedia)
Leading the league table, year-to-date, is newcomer Japan Stock Exchange, with an increase in share price of 102.8 per cent for the six months to 28 June 2013, according to the FTSE Mondo Visione Exchange Index.
The exchanges sector experienced a softening in value during the second quarter, with the share prices of many publicly listed exchanges decreasing when compared to the strong performance of quarter one, 2013, according to the FTSE Mondo Visione numbers..
Among US exchanges,
The NASDAQ OMX Group is up 35.4 percent for the year while
“The near 50 per cent share price improvement of the CME in the year-to-date to end-June follows a 28 per cent increase in trading volume this year over 2012,” said Herbie Skeete, managing director of Mondo Visione and co-founder of the index said. “This increase in CME volume has been driven by a shift in Federal Reserve policy, trading volume gains in its energy contracts and demand for its swap-clearing services, following the Dodd-Frank reforms that require the clearing of swaps.”
The best performer by capital returns in US dollars was CBOE Holdings with a 16.2 per cent increase in share price from 31 May to 28 June 2013. The next best performers were CME Group and
The FTSE Mondo Visione Exchanges Index worst performer by capital returns in US dollars was Philippine Stock Exchange with a 19.1 per cent decrease in share price from 31 May to 28 June 2013. This was followed by Brazil’s
