FTSE Mondo Visione Exchange Index Rides Out Trump's Trade Threats To Be 1.5% Up In May, CME Group, B3 And Cboe Global Markets Top Performers In Month

The strong rise in the FTSE Mondo Visione Exchange Index in May was largely reversed at month-end as the U.S.-China trade conflict escalated, and after U.S. President Donald Trump threatened Mexico with tariffs. Despite this the FTSE Mondo Visione Exchanges Index, which aims to reflect market sentiment and is a key indicator of exchanges performance closed at 54,731.16 on 31 May 2019, 1.5% up on the month, up 10.8% Year-to-Date and 9.7 % over 12 months (all in USD terms).

The FTSE Mondo Visione Exchanges Index best performer by capital returns in US dollars was CME Group with a 7.4 per cent increase in share price from 30 April 2019 to 31 May 2019. The next best performer was Brazil's B3 SA with a 7.1 per cent increase, followed by Cboe Global Markets with a 6.8 per cent increase over the same period.

The FTSE Mondo Visione Exchanges Index worst performer by capital returns in US dollars was Bolsa Mexicana de Valores SAB de CV with a 11.3 per cent decrease in share price from 30 April 2019 to 31 May 2019. This was followed by Hong Kong Exchanges & Clearing with an 8.3 per cent decline and Dubai Financial Market with a 7.8 per cent decrease over the same period.

Herbie Skeete, Managing Director, Mondo Visione and Co-founder of the Index said:

“This month saw Nasdaq formally withdraw from the race to acquire Oslo Børs VPS Holding ASA, conceding that it would not be able to secure enough of Oslo Bør’s shareholders to complete the offer, releasing those that had already signed to accept its offer from their obligations and handing victory to Euronext. The acquisition of Oslo Bors is expected to improve Euronext's revenue diversity. “

The FTSE Mondo Visione Exchanges Index is compiled by FTSE Group from data based on the share price performance of listed exchanges and trading platforms.