Professional Documents
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Page 2 of 28
Federation of European Securities Exchanges AISBL (FESE) shall not be liable for any errors or omissions nor for the use of the information
contained in this document.
Page 3 of 28
TABLE OF CONTENTS
Contents
ATHENS EXCHANGE .................................................................................................................................. 4
BOLSAS Y MERCADOS ESPAOLES (BME) ............................................................................................ 5
BORSA ISTANBUL ....................................................................................................................................... 6
BRSE STUTTGART ................................................................................................................................... 7
BRATISLAVA STOCK EXCHANGE ............................................................................................................. 8
BUCHAREST STOCK EXCHANGE ............................................................................................................. 9
BULGARIAN STOCK EXCHANGE SOFIA.............................................................................................. 10
CEESEG BUDAPEST STOCK EXCHANGE ........................................................................................... 11
CEESEG LJUBLJANA STOCK EXCHANGE .......................................................................................... 12
CEESEG PRAGUE STOCK EXCHANGE ............................................................................................... 13
CEESEG VIENNA STOCK EXCHANGE ................................................................................................. 14
CYPRUS STOCK EXCHANGE .................................................................................................................. 15
DEUTSCHE BRSE GROUP .................................................................................................................... 16
ICE FUTURES EUROPE............................................................................................................................ 17
THE IRISH STOCK EXCHANGE ............................................................................................................... 18
LONDON METAL EXCHANGE .................................................................................................................. 19
LUXEMBOURG STOCK EXCHANGE ....................................................................................................... 20
MALTA STOCK EXCHANGE ..................................................................................................................... 21
NASDAQ OMX Group Inc........................................................................................................................... 22
NYSE EURONEXT ..................................................................................................................................... 23
OSLO BRS ............................................................................................................................................... 24
SIX GROUP ................................................................................................................................................ 25
SIX SWISS EXCHANGE ............................................................................................................................ 25
WARSAW STOCK EXCHANGE ................................................................................................................ 26
NOTES ON METHODOLOGY ................................................................................................................... 27
CONTACT ............................................................................................................................. 28
Federation of European Securities Exchanges AISBL (FESE) shall not be liable for any errors or omissions nor for the use of the information
contained in this document.
Page 4 of 28
ATHENS EXCHANGE
Name
Athens Exchange
Type of Company
Address
Phone
Fax
Email
Website
Listed
Sectors
Year established
Year of current legal status
Country of Incorporation
Active in
1876
2000
Greece
Greece
Joint-stock company
For profit
On Athens Exchange (Hellenic Exchanges S.A)
Cash EU regulated markets
Cash EU not regulated (exchange regulated) markets
Derivatives markets
Retail bond markets
Clearing houses / CCP services providers
Central Securities Depositories / Settlement companies
IT infrastructure and software providers
XNET network - Platform for access to internat. securities trading
Number of employees
Turnover (EUR m)
Trades
Market Cap. (EUR m)
Listed companies
Shares
Electronic Order
Off
Book Trades
EOB
17.834
3.438
7.243.326
2.053
59.939
251
Turnover (EUR m)
Trades
Bonds
Electronic Order
Book Trades
1
244
Equity
Sec. Derivatives
Reporting Electronic Order
Off
Trades
Book Trades
EOB
431
979
396
556
353.011
214
3
Off
EOB
0
0
ETFs
Electronic Order
Book Trades
10
1.914
3
Stock/Index
Options and Futures
6.124
9.204.245
UCITs
Electronic Order
Book Trades
63
53.315
512
3
Off
EOB
0
2
Derivatives
Bond
Options & Futures
-
Off
EOB
22
11
Commodities
-
28
Listings
EUR millions
Revenues
Costs
22.385
EBITDA
60.501
EBIT
59.081
Net Income
63.102
90
80
70
60
50
40
30
20
10
0
81
80
62
61
53
48
37
30
33
27
26 24
2010
2011
Revenues
22
12
2009
5%
24
Costs
2012
2013
EBITDA
3%
Listing (admission +
ongoing)
Cash Trading
0,4%
7%
Personnel
6%
Derivatives Trading
17%
ICT
Clearing / CCP
48%
Other operating
Settlement
46%
17%
Depreciation and
amortisation
34%
Other costs
ICT services
2%
7%
7%
Footnotes
Financial figures are under IAS financial accounting protocol
Net income is calculated before income tax and minority interest.
On Revenue breakdown: other revenues include Auxiliary Fund management revenues, OTC revenues, Xnet/DAC project subsidy revenues and Tax rebates.
On Cost breakdown: other cost include capital market commission fee.
Notes
Figures mentioned include subsidiaries.
Federation of European Securities Exchanges AISBL (FESE) shall not be liable for any errors or omissions nor for the use of the information
contained in this document.
Page 5 of 28
Name
Type of Company
Address
Phone
Fax
Email
Website
Listed
Sectors
Year established
Year of current legal status
Country of Incorporation
Active in
1831
2006
Spain
Spain
Joint-stock company
For profit
On BME Spanish Exchanges
Cash EU regulated market
Cash EU not regulated (exchange regulated) markets
Derivatives markets
Retail bond markets / Wholesale bond markets
Clearing houses / CCP services providers
Central Securities Depositories / Settlement
IT infrastructure and software providers
Market data distribution / Consulting Services
733 (average)
Number of employees
Turnover (EUR m)
Trades
Market Cap. (EUR m)
Listed companies
Equity
Sec. Derivatives
ETFs
Reporting Electronic Order
Off
Electronic Order Off
Trades
Book Trades
EOB
Book Trades
EOB
753
n/a
4.284
n/a
n/a
n/a
n/a
n/a
3.480
72
Shares
Off
EOB
202.401
227.738
810.288
3.245
Bonds
Electronic Order
Off
Book Trades
EOB
6.351.299
64.566
79.814
1.385.520
Turnover (EUR m)
Trades
UCITs
Electronic Order
Book Trades
n/a
n/a
32.152
3.066
Derivatives
Bond
Options & Futures
1.069
13.667
Stock/Index
Options and Futures
585.221
54.610.666
Off
EOB
n/a
n/a
Commodities
3.840
Listings
307.705
Revenues
Costs
99.205
EBITDA
208.500
EBIT
201.086
Net Income
143.147
350
300
250
200
150
100
50
0
326
317
321
223
210
107
103
2009
2010
223
2011
Costs
209
197
98
Revenues
308
296
99
99
2012
2013
EBITDA
5%
2%
6%
7%
Cash Trading-Equity
11%
Cash Trading-Fixed Income
Personnel
38%
Other operating
35%
Settlement
58%
26%
ICT services
9%
3%
Footnotes
Financial figures are under International Accounting Standards
On Revenue breakdown, other revenues include corporate unit revenues, capitalization of development costs & consolidation adjustments between segments
Notes
Figures mentioned include subsidiaries.
Federation of European Securities Exchanges AISBL (FESE) shall not be liable for any errors or omissions nor for the use of the information
contained in this document.
Page 6 of 28
BORSA ISTANBUL
Name
Borsa Istanbul
Type of Company
Address
Phone
Fax
Email
Website
Listed
Sectors
Year established
Year of current legal status
Country of Incorporation
Active in
1873
2013
Turkey
Turkey
Number of employees
Turnover (EUR m)
Trades
Market Cap. (EUR m)
Listed companies
Shares
Off
EOB
302
9
165.643
263
Equity
Sec. Derivatives
Reporting Electronic Order
Off
Trades
Book Trades
EOB
2
1.923
222.247
2.810.431
341
Bonds
Electronic Order
Off
Book Trades
EOB
162.471
236.393
284.598
-
Turnover (EUR m)
Trades
ETFs
Electronic Order
Book Trades
3.420
372.675
17
UCITs
Electronic Order
Book Trades
669
1.276.846
112
13
Off
EOB
-
Derivatives
Bond
Options & Futures
-
Stock/Index
Options and Futures
8
3.174
Off
EOB
-
Commodities
480
48.447
379
Listings
250
EUR Millions
226.678
Revenues
Costs
152.192
EBITDA
68.348
EBIT
62.386
Net Income
65.963
227
200
152
150
100
119
103
62
50
113
100
78
79
80
68
45
14
22
14
2009
2010
Revenues
2011
Costs
2012
2013
EBITDA
6%
Listing (admission +
ongoing)
Cash Trading
19%
Personnel
21%
25%
Derivatives Trading
Other operating
1%
Settlement
4%
4%
Custody & Banking
51%
Depreciation and
amortisation
6%
35%
4%
Other costs
ICT services
24%
Footnotes
Financial figures for years 2009 - 2012 are under GAAP financial accounting protocol
In 2013 Borsa stanbul became a joint stock company and the financials accounting protocol changed to IFRS.
Notes
Figures mentioned do not include subsidiaries.
Federation of European Securities Exchanges AISBL (FESE) shall not be liable for any errors or omissions nor for the use of the information
contained in this document.
Page 7 of 28
BRSE STUTTGART
Name
Type of Company
Address
Phone
Fax
Email
Website
Listed
Sectors
Year established
Year of current legal status
Country of Incorporation
Active in
1861
2007
Germany
Germany, Sweden
Corporation (Association)
For profit
Cash EU regulated markets
Cash EU not regulated (exchange regulated) markets
Securitized derivatives markets
Retail bond markets
Number of employees
Turnover (EUR m)
Trades
Market Cap. (EUR m)
Listed companies
Shares
Off
Electronic Order
EOB
Book Trades
15.041
852.317
-
Turnover (EUR m)
Trades
Bonds
Electronic Order
Book Trades
25.662
431.305
Equity
Sec. Derivatives
Off
Reporting Electronic Order
EOB
Book Trades
Trades
45.011
3.826.227
1.036.424
Off
EOB
-
ETFs
Electronic Order Off
EOB
Book Trades
7.087
90.794
1.409
UCITs
Electronic Order
Book Trades
984
91.012
n/a
2.154
Off
EOB
-
Derivatives
Bond
Stock/Index
Commodities
Options and Futures Options & Futures
-
n/a
Listings
EUR millions
Revenues
Costs
109.391
EBITDA
7.580
EBIT
4.685
Net Income
1.441
160
140
120
100
80
60
40
20
0
145
131
129
116
131
120
19
13
2010
2009
Revenues
6%
13
2011
Costs (ex tax)
116 109
2012
2013
EBITDA
117 111
3%
1%
Cash Trading
28%
28%
ICT - exchange
Clearing / CCP
Other operating
Depreciation and
amortisation
3%
ICT services
84%
12%
29%
Footnote
Financial figures refer to the consolidated annual statement of the Boerse Stuttgart Holding
Financial figures are under German HGB financial acconting standards
Notes
Figures mentioned include subsidiaries.
Federation of European Securities Exchanges AISBL (FESE) shall not be liable for any errors or omissions nor for the use of the information
contained in this document.
Page 8 of 28
Name
Type of Company
Address
Phone
Fax
Email
Website
Listed
Sectors
Year established
Year of current legal status
Country of Incorporation
Active in
1991
1991
Slovakia
Slovakia
Joint-stock company
For profit
No
Cash EU regulated markets
Wholesale bond markets
Clearing houses
Central Securities Depositories / Companies
managing settlement
Number of employees
24 (end of year)
Turnover (EUR m)
Trades
Market Cap. (EUR m)
Listed companies
Shares
Electronic Order
Off
Book Trades
EOB
39
41
8.677
1.400
4.075
131
Turnover (EUR m)
Trades
Bonds
Electronic Order
Book Trades
79
1.911
Equity
Sec. Derivatives
Reporting Electronic Order
Off
Trades
Book Trades
EOB
-
Off
EOB
8.025
2.280
ETFs
Electronic Order Off
Book Trades
EOB
-
UCITs
Electronic Order
Book Trades
-
Off
EOB
-
Derivatives
Stock/Index
Bond
Options and Futures Options & Futures
Commodities
-
168
Listings
Revenues
Costs
1.169
EBITDA
956
EBIT
867
Net Income
822
5,0
4,0
3,0
2,0
1,0
0,0
-1,0
-2,0
-3,0
4,2
1,6 1,6
1,4
0,2
2009
1,5
2,0
1,8 1,6
1,6
1,2 1,0
0,4
0,0
2010
2011
2012
2013
-2,5
Revenues
Costs
EBITDA
8%
18%
0,1%
Personnel
Listing (admission +
ongoing)
ICT
40%
43%
Cash Trading
Other operating
Custody & Banking
Depreciation and
amortisation
47%
Other (advert., educat.,
properties)
1%
Other costs
41%
2%
Footnote
Financial figures are under the following financial accounting protocols:
2009-2013: IFRS
Financial figures refer to the exchange and not to the parent company owning the exchange
Notes
Figures mentioned not include subsidiaries.
Federation of European Securities Exchanges AISBL (FESE) shall not be liable for any errors or omissions nor for the use of the information
contained in this document.
Page 9 of 28
Name
Type of Company
Address
Phone
Fax
Email
Website
Listed
Sectors
Year established
Year of current legal status
Country of Incorporation
Active in
1995
2005
Romania
Romania
Joint-stock company
For profit
On Bucharest Stock Exchange
Cash EU regulated markets
Cash EU not regulated (exchange regulated) markets
Derivatives markets
Clearing houses / CCP services providers
Central Securities Depositories / Companies managing
settlement
Corporate Governance Institute Foundation
40 (end of year)
Number of employees
Turnover (EUR m)
Trades
Market Cap. (EUR m)
Listed companies
Bonds
Electronic Order
Book Trades
50
434
70
Turnover (EUR m)
Trades
Listings
Equity
Sec. Derivatives
Reporting Electronic Order
Off
Trades
Book Trades
EOB
120
181.612
96
Off
EOB
45
41
ETFs
Electronic Order Off
Book Trades
EOB
0
746
-
UCITs
Electronic Order
Book Trades
1
4.285
8
3
Stock/Index
Options and Futures
1
2.795
Off
EOB
-
Derivatives
Bond
Options & FuturesCommodities
-
10
8
Revenues
Costs
EUR millions
6.781
4.285
EBITDA
1.764
EBIT
1.840
Net Income
2.146
6
4
-2
2009-0
2010
Revenues
2011
Costs
2012
2013
EBITDA
14%
Listing (admission + ongoing)
19%
Personnel
-2%
Cash Trading
1%
4%
46%
ICT services
Depreciation and
amortisation
37%
71%
Other (financial&members'
fees)
1%
Footnote
Financial figures are under IV-th EEC Directive for financial accounting
Notes
Figures mentioned include subsidiaries.
Federation of European Securities Exchanges AISBL (FESE) shall not be liable for any errors or omissions nor for the use of the information
contained in this document.
Page 10 of 28
Type of Company
Address
Phone
Fax
Email
Website
Listed
Sectors
Joint-stock company
For profit
Regulated market managed by itself
Cash EU regulated markets
Year established
Year of current legal status
Country of Incorporation
Active in
1991
1991
Bulgaria
Bulgaria
Number of employees
35 (end of year)
Turnover (EUR m)
Trades
Market Cap. (EUR m)
Listed companies
Shares
Electronic Order
Off
Book Trades
EOB
657
81.432
5.093
381
Turnover (EUR m)
Trades
Bonds
Electronic Order
Book Trades
108
441
Equity
Sec. Derivatives
Reporting Electronic Order
Off
Trades
Book Trades
EOB
202
0
0
1.676
68
1
2
Off
EOB
47
51
ETFs
Electronic Order Off
Book Trades
EOB
-
UCITs
Electronic Order
Book Trades
4
24
n/a
45
Off
EOB
0
2
Derivatives
Stock/Index
Bond
Options and Futures Options & FuturesCommodities
-
59
Listings
1.707
Revenues
Costs
1.288
EBITDA
680
EBIT
594
Net Income
535
2
2
1
1
1
1
1
0
0
0
1,7
1,5
1,3
1,1
1,4
1,4
1,6 1,4
1,4
1,3
0,7
0,5
0,3
0,2
0,0
2009
2010
Revenues
2011
Costs
2012
2013
EBITDA
3%
12%
19%
1%
7%
Listing (admission +
ongoing)
Cash Trading
Personnel
ICT
50%
12%
Other operating
ICT services
Other (advert., educat.,
properties)
56%
Depreciation and
amortisation
39%
Other costs
1%
Footnotes
Financial figures are under IFRS financial accounting protocol
On Revenue breakdown, other revenues include membership fees and financial sanctions imposed on Exchange members
Notes
Figures mentioned include subsidiaries.
Federation of European Securities Exchanges AISBL (FESE) shall not be liable for any errors or omissions nor for the use of the information
contained in this document.
Page 11 of 28
Name
Type of Company
Address
Phone
Fax
Email
Website
Listed
Sectors
Year established
Year of current legal status
Country of Incorporation
Active in
1990
2002
Hungary
Hungary
Joint-stock company
For profit
Traded OTC regularly
Cash EU regulated market
Derivatives markets
Wholesale bond markets
IT infrastructure and software providers
Number of employees
Turnover (EUR m)
Trades
Market Cap. (EUR m)
Listed companies
Bonds
Electronic Order
Book Trades
15
366
201
Turnover (EUR m)
Trades
Listings
Equity
Sec. Derivatives
Reporting Electronic Order
Off
Trades
Book Trades
EOB
0
202
3
173.161
93
Off
EOB
-
ETFs
Electronic Order Off
Book Trades
EOB
1
0
220
0
1
UCITs
Electronic Order
Book Trades
23
9.677
1.678
108
Off
EOB
-
Derivatives
Stock/Index
Bond
Options and Futures Options & FuturesCommodities
2.279
105
1.088.292
4.913
7.921
Revenues
Costs
5.812
EBITDA
2.957
EBIT
2.789
Net Income
1.903
14
12
10
8
6
4
2
0
12
11
11
8
7
6
2010
Revenues
6
3
2009
5%
2011
Costs
2012
2013
EBITDA
16%
21%
Cash Trading
40%
Material
Derivatives Trading
Index Licence
33%
ICT
3%
Depreciation and
amortisation
ICT services
Other costs
33%
Other (advert., educat.,
properties)
5%
5%
29%
Footnote
Financial figures are under GAAP financial accounting protocol
Financial figures refer to the exchange and not to the parent company owning the exchange
Notes
Figures mentioned include subsidiaries.
Federation of European Securities Exchanges AISBL (FESE) shall not be liable for any errors or omissions nor for the use of the information
contained in this document.
Page 12 of 28
Name
Type of Company
Address
Phone
Fax
Email
Website
Listed
Sectors
Joint-stock company
For profit
No
Cash EU regulated market
Retail bond markets
IT infrastructure and software providers
Year established
Year of current legal status
Country of Incorporation
Active in
1989
1989
Slovenia
Slovenia
Number of employees
12 (end of year)
Turnover (EUR m)
Trades
Market Cap. (EUR m)
Listed companies
Shares
Off
EOB
5.173
55
Bonds
Electronic Order
Book Trades
86
1.941
Turnover (EUR m)
Trades
Equity
Sec. Derivatives
Reporting Electronic Order
Off
Trades
Book Trades
EOB
11
10
-
Off
EOB
-
ETFs
Electronic Order
Book Trades
-
Off
EOB
-
Stock/Index
Options and Futures
-
UCITs
Electronic Order
Reporting
Book Trades
Trades
2
906
14
1
Derivatives
Bond
Options & Futures Commodities
-
49
Listings
3
3
1.701
Revenues
Costs
EBITDA
166
EBIT
-48
Net Income
-31
EUR millions
1.750
2,5
2,2
2,1 2,0
2,1
2,3
1,8 1,9
1,7 1,7
2
1
0,3
0,2
0,1
0
-1
2009-0,1
2010
2011
Revenues
Costs
2012
2013
EBITDA
18%
18%
25%
Listing (admission + ongoing)
Cash Trading
Personnel
2%
39%
ICT
ICT services
27%
27%
41%
Depreciation and
amortisation
Footnotes
Financial figures are under Slovenian Accounting Standards (SAS) protocol
Notes
Figures mentioned include subsidiaries.
Federation of European Securities Exchanges AISBL (FESE) shall not be liable for any errors or omissions nor for the use of the information
contained in this document.
Page 13 of 28
Type of Company
Address
Phone
Fax
Email
Website
Listed
Sectors
Year established
Year of current legal status
Country of Incorporation
Active in
1993
1993
Czech Republic
Czech Republic
Joint-stock company
For profit
No
Cash EU regulated markets
Cash EU not regulated (exchange regulated) markets
Derivatives markets
Clearing houses / CCP services providers
Central Securities Depositories
Companies managing settlement
Number of employees
84 (end of year)
Turnover (EUR m)
Trades
Market Cap. (EUR m)
Listed companies
Bonds
Electronic Order
Book Trades
74
1.333
109
Turnover (EUR m)
Trades
Listings
Equity
Sec. Derivatives
ETFs
Reporting Electronic Order
Off
Electronic Order
Trades
Book Trades
EOB
Book Trades
5
967
103
Off
EOB
-
UCITs
Electronic Order
Book Trades
Off
EOB
-
Derivatives
Bond
Options & Futures
Stock/Index
Options and Futures
-
Off
EOB
Commodities
EUR millions
Revenues
Costs
14.393
EBITDA
9.373
EBIT
6.436
Net Income
5.385
25
22
21
20
15
17
10
20
15
15
13
14
11
14
10
5
0
2009
2010
2011
Revenues
Costs
2012
2013
EBITDA
2%
Listing (admission +
ongoing)
13%
33%
Personnel
26%
Cash Trading
35%
ICT
Settlement
Other operating
19%
Other costs
Other (advert., educat.,
properties)
11%
22%
20%
0,5%
18%
Notes
Figures mentioned include subsidiaries.
Other (advert., educat., properties ) includes services for issuers by the Central Securities Depository Prague (part of PSE).
Federation of European Securities Exchanges AISBL (FESE) shall not be liable for any errors or omissions nor for the use of the information
contained in this document.
Page 14 of 28
Name
Type of Company
Address
Phone
Fax
Email
Website
Listed
Sectors
Year established
Year of current legal status
Country of Incorporation
Active in
1771
1997
Austria
Austria
Joint-stock company
For profit
OTC traded regularly
Cash EU regulated market
Cash EU not regulated (exchange regulated) markets
Derivatives markets
Wholesale bond markets
Retail bond markets
Clearing houses / CCP services providers*
98 (end of year)
Number of employees
Turnover (EUR m)
Trades
Market Cap. (EUR m)
Listed companies
Shares
Off
Electronic Order
EOB
Book Trades
19.425
3.896.287
85.394
102
Turnover (EUR m)
Trades
Bonds
Electronic Order
Book Trades
127
9.684
Equity
Sec. Derivatives
Off
Reporting Electronic Order
EOB
Book Trades
Trades
225
17.908
5.921
Off
EOB
-
UCITs
Electronic Order
Book Trades
0
0
1
ETFs
Electronic Order Off
EOB
Book Trades
4
352
20
Off
EOB
-
Derivatives
Bond
Stock/Index
Commodities
Options and Futures Options & Futures
16.859
485.847
3.418
Listings
EUR millions
Revenues
Costs
29.643
EBITDA
16.535
EBIT
15.478
Net Income
12.163
60
54
52
50
50
40
30
45
43
27 28
27 27
30
28
27 24
17
16
20
10
0
Revenues
Costs
2013
EBITDA
10%
15%
2012
2011
2010
2009
3%
34%
Cash Trading
Personnel
ICT
Derivatives Trading
Other operating
Clearing / CCP
41%
31%
Depreciation and
amortisation
Other costs
Other (advert., educat.,
properties)
2% 1%
38%
Footnote
Financial figures refer to the exchange and not to the parent company owning the exchange
Financial figures are under local GAAP financial acconting standards
*The CEESEG Holding, parent company of the Wiener Brse AG, does control CCP services and CSD indirectly via the stock exchanges in Prague and Budapest; the Wiener Brse AG does control only 50% of the Austrian CCP
Notes
Figures mentioned include subsidiaries.
Federation of European Securities Exchanges AISBL (FESE) shall not be liable for any errors or omissions nor for the use of the information
contained in this document.
Page 15 of 28
Name
Address
Phone
Fax
Email
Website
Year established
Year of current legal status
Country of Incorporation
Active in
1993
1996
Cyprus
Cyprus
Type of Company
Listed
Sectors
Number of employees
79 (end of year)
Turnover (EUR m)
Trades
Market Cap. (EUR m)
Listed companies
Shares
Electronic Order
Off
Book Trades
EOB
31
1,3
30.970
11
1.527
95
Turnover (EUR m)
Trades
Bonds
Electronic Order
Book Trades
9
2.187
Reporting
Trades
2
160
Off
EOB
19
7
Equity
Sec. Derivatives
Electronic Order
Off
Book Trades
EOB
-
ETFs
Electronic Order
Book Trades
-
Off
EOB
-
UCITs
Electronic Order
Book Trades
3,5
2.808
90
8
Off
EOB
-
35.983
Derivatives
Stock/Index
Bond
Options and Futures
Options & Futures Commodities
-
56
Listings
8
EUR millions
3.804
Revenues
Costs
6.409
EBITDA
-2.631
EBIT
-3.018
Net Income
-2.605
6,4
5,8
6,3
5,3 5,6
6,4
5,8
4,4
4,3
3,8
2
0,2
0
-2
2009
2010 -0,7
2011
2012
2013
0
-2,3
-4
Revenues
Costs
EBITDA
Listing (admission +
ongoing+central depository)1
19%
0,3%
Personnel
5%
49%
41%
Depreciation and
amortisation
6%
Other costs
ICT services
53%
Other (advert., educat.,
properties,penalties,interest)2
21%
Footnotes
Financial figures are under IFRS financial accounting protocol
Financial figures refer to the exchange and not to the parent company owning the exchange
ICT costs include also operating costs
Revenue figures include interest income
Notes
Figures mentioned include subsidiaries.
Federation of European Securities Exchanges AISBL (FESE) shall not be liable for any errors or omissions nor for the use of the information
contained in this document.
Page 16 of 28
Name
Deutsche Brse AG
Type of Company
Address
Phone
Fax
Email
Website
Listed
Sectors
Year established
Year of current legal status
Country of Incorporation
Markets managed
(directly or indirectly)
1585
1992
Germany
Austria, Bulgaria, Czech Republic, Germany, Hungary,
Ireland, Slovenia, Switzerland & USA
Joint-stock company
For profit
On Deutsche Brse
Cash EU regulated market
Cash EU not regulated (exchange regulated) markets
Derivatives markets
Retail bond market; Wholesale bond markets
Clearing houses / CCP services providers
Central Securities Depositories / Settlement companies
IT infrastructure and software providers
Info. Services, ICSD, Repo Market, Services for
investment fund industry
3,811 (end of year)
Number of employees
Turnover (EUR m)
Trades
Market Cap. (EUR m)
Listed companies
Shares
Off
EOB
31.373
205.899
1.405.032
733
Reporting
Trades
52.956
1.190.224
Equity
Sec. Derivatives
Electronic Order
Off
Book Trades
EOB
20.362
33.478
1.994.108
2.796.262
1.306.745
Bonds
Electronic Order
Off
Book Trades
EOB
14.062
9.611
704.255
73.638
Turnover (EUR m)
Trades
ETFs
Electronic Order
Off
Book Trades
EOB
117.253
5.324
2.172.366
13.315
1.029
Stock/Index
Options and Futures
25.581.279
1.027.080.432
UCITs
Electronic Order
Book Trades
1.178
130.917
2.926
Derivatives
Bond
Options & Futures
66.106.672
509.567.048
Off
EOB
2.728
108.211
Commodities
-
22.785
Listings
2500
EUR millions
1.912.300
Revenues
Costs
967.600
1.067.400
EBITDA
EBIT
954.000
Net Income
636.800
2000
1500
2.121
2.039
1.932
2.016
1.221
936
1.207
981
1.912
1.108
1.336
879
922
1000
1.067
968
500
0
2009
2010
Revenues
Costs
2012
2013
EBITDA
Cash Trading
5%
2011
Derivatives Trading
24%
7%
35%
32%
Personnel
Clearing / CCP
Other operating
Settlement
11%
Depreciation and
amortisation
9%
Info products & services
Volume related
costs
ICT services
23%
1%
6%
35%
Footnote
Financial figures are under IFRS financial accounting protocol
Notes
Figures mentioned include subsidiaries.
Federation of European Securities Exchanges AISBL (FESE) shall not be liable for any errors or omissions nor for the use of the information
contained in this document.
Page 17 of 28
Name
Type of Company
Listed
Address
Phone
Fax
Email
Website
Year established
Year of current legal status
Country of Incorporation
Active in
1980
2005
England & Wales
United Kingdom
Sectors
For profit
Listed on a regulated market managed by other entities
(IntercontinentalExchange Inc on NYSE)
Energy Futures Exchange
Number of employees
83 (end of year)
Turnover (EUR m)
Trades
Market Cap. (EUR m)
Listed companies
Shares
Electronic Order
Off
Book Trades
EOB
-
Turnover (EUR m)
Trades
Bonds
Electronic Order
Book Trades
-
Reporting
Trades
-
Equity
Sec. Derivatives
Electronic Order
Off
Book Trades
EOB
-
Off
EOB
-
ETFs
Electronic Order
Book Trades
-
Stock/Index
Options & Futures
-
UCITs
Electronic Order
Book Trades
-
Off
EOB
-
Off
EOB
-
Derivatives
Bond
Options & Futures Commodities
22.193.327
315.711.452
Listings
EBITDA
48.426
EBIT
47.168
Net Income
36.886
EUR millions
Revenues
Costs
240
199
195
178
161
150
132
133
59
42
51
2009
2010
2011
Revenues
Costs
74 46
63
2012
48
2013
EBITDA
3%
26%
Personnel
Other operating
Derivatives Trading*
Depreciation and
amortisation
71%
100%
Footnotes
Financial figures are under UK GAAP financial accounting protocol
Main financial results are based on UK Filed statutory accounts (functional currency changed from GBP to USD on 30 June 2006) converted at correspondent exchange rates.
On Revenue Breakdown:
*Fees levied on clearing members for transacting on the exchange have been included in derivatives trading
Notes
Figures mentioned include subsidiaries.
Federation of European Securities Exchanges AISBL (FESE) shall not be liable for any errors or omissions nor for the use of the information
contained in this document.
Page 18 of 28
Name
Type of Company
Address
Phone
Fax
Email
Website
Listed
Sectors
Year established
Year of current legal status
Country of Incorporation
Active in
1793
1995
Ireland
Ireland, Malta
Number of employees
86 (average)
Turnover (EUR m)
Trades
Market Cap. (EUR m)
Listed companies
Shares
Off
EOB
17.905
98.993
123.458
50
Equity
Sec. Derivatives
Reporting Electronic Order
Off
Trades
Book Trades
EOB
2
4
-
Bonds
Electronic Order
Off
Book Trades
EOB
46.207
35.019
Turnover (EUR m)
Trades
ETFs
Electronic Order Off
Book Trades
EOB
11
4
356
80
1
UCITs
Electronic Order
Book Trades
-
Off
EOB
-
Derivatives
Stock/Index
Bond
Options and Futures Options & Futures
Commodities
-
21.700
Listings
EUR millions
Revenues
Costs
16.527
EBITDA
7.854
EBIT
7.167
Net Income
6.089
25
20
20
18
16
17
15
15
10
23
21
20
20
15
7
5
0
2009
2010
2011
Revenues
Costs
2012
2013
EBITDA
9%
4%
Listing (admission +
ongoing)
Personnel
23%
20%
Cash Trading
ICT
53%
7%
64%
Other operating
Depreciation and
amortisation
20%
Footnotes
Financial figures are under IFRS financial accounting protocol
Notes
Figures mentioned include subsidiaries.
Federation of European Securities Exchanges AISBL (FESE) shall not be liable for any errors or omissions nor for the use of the information
contained in this document.
Page 19 of 28
Name
Type of Company
Address
Phone
Fax
Email
Website
Listed
Sectors
Year established
Year of current legal status
Country of Incorporation
Active in
1877
1987
England
United Kingdom
Number of employees
www.lme.com
Turnover (EUR m)
Trades
Market Cap. (EUR m)
Listed companies
Bonds
Electronic Order
Book Trades
-
Turnover (EUR m)
Trades
Listings
Off
EOB
-
Equity
Sec. Derivatives
ETFs
Reporting Electronic Order
Off
Electronic Order
Trades
Book Trades
EOB
Book Trades
-
Off
EOB
-
Off
EOB
-
Stock/Index
Options and Futures
-
UCITs
Electronic Order
Book Trades
-
Derivatives
Bond
Options & Futures
-
Off
EOB
-
Commodities
10.524.712
171.099.643
142.796
Revenues
Costs
63.785
EBITDA
79.011
EBIT
63.369
Net Income
48.600
160
140
120
100
80
60
40
20
0
143
100
31
2009
18
2010
Revenues
64
60
39
20
79
82
73
51
48
27
18
2011
Costs
2012
2013
EBITDA
14%
Personnel
20%
Derivatives Trading
25%
ICT
15%
ICT services
Depreciation and
amortisation
20%
Other costs
71%
35%
Footnotes
Financial figures under IFRS financial accounting protocol
Notes
Figures mentioned include subsidiaries.
Federation of European Securities Exchanges AISBL (FESE) shall not be liable for any errors or omissions nor for the use of the information
contained in this document.
Page 20 of 28
Name
Type of Company
Address
Phone
Fax
Email
Website
Listed
Sectors
Year established
Year of current legal status
Country of Incorporation
Active in
1927
1928
Luxembourg
Luxembourg
Joint-stock company
For profit
No
Cash EU regulated market
Cash EU not regulated (exchange regulated) markets
Wholesale bond markets
IT infrastructure and software providers
Number of employees
Turnover (EUR m)
Trades
Market Cap. (EUR m)
Listed companies (shares) / listings
Electronic Order
Book Trades
105
11.778
Shares
Off
EOB
57.070
274
Bonds
Electronic Order
Book Trades
366
7.123
Turnover (EUR m)
Trades
Equity
Sec. Derivatives
Reporting Electronic Order
Off
Trades
Book Trades
EOB
7.036
Off
EOB
-
ETFs
Electronic Order Off
Book Trades
EOB
1
39
134
Stock/Index
Options and Futures
-
UCITs
Electronic Order
Book Trades
9
391
n/a
6.274
Off
EOB
-
Derivatives
Bond
Options & FuturesCommodities
-
26.684
Listings
Revenues
Costs
23.291
14.536
EBITDA
EBIT
9.256
Net Income
9.661
50
45
40
35
30
25
20
15
10
5
0
43
41
27
42
41
25
2009
17
2010
Costs
23
16
2011
Revenues
26
24
17
16
38
2012
15
2013
EBITDA
1%
18%
Personnel
28%
44%
Cash Trading
ICT
ICT services
0.2%
Other operating
21%
71%
Depreciation and
amortisation
17%
Footnote
Financial figures are under LUXGAAP financial accounting protocol
Notes
Figures mentioned include subsidiaries.
Federation of European Securities Exchanges AISBL (FESE) shall not be liable for any errors or omissions nor for the use of the information
contained in this document.
Page 21 of 28
Name
Type of Company
Address
Phone
Fax
Email
Website
Listed
Sectors
Year established
Year of current legal status
Country of Incorporation
Active in
1990
2007
Malta
Malta
Turnover (EUR m)
Trades
Market Cap. (EUR m)
Listed companies
Shares
Electronic Order
Off
Book Trades
EOB
53
7.908
3.245
24
Turnover (EUR m)
Trades
Bonds
Electronic Order
Book Trades
724
9.558
Number of employees
58 (end of year)
Off
EOB
-
ETFs
Electronic Order
Book Trades
-
Off
EOB
-
Stock/Index
Options and Futures
-
UCITs
Electronic Order
Book Trades
-
Off
EOB
-
Derivatives
Bond
Options & FuturesCommodities
-
112
Listings
5.090
Revenues
Costs
2.015
EBIT
2.015
Net Income
1.456
EUR millions
3.075
EBITDA
3
2
5,1
4,8
4,5
4,4
3,9
2,7
2,7
1,2
1,7
3,1
2,9
2,6
2,0
1,9
1,8
1
0
2009
2010
Revenues
2011
Costs
2012
2013
EBITDA
26%
49%
Listing (admission +
ongoing)
Personnel
Other operating
Membership
Clearing /
Settlement / CSD
6%
43%
Depreciation and
amortisation
68%
Footnote
Financial figures refer to the exchange and not to the parent company owning the exchange
Financial figures are under IFRS financial accounting standards
Notes
Figures mentioned include subsidiaries.
Federation of European Securities Exchanges AISBL (FESE) shall not be liable for any errors or omissions nor for the use of the information
contained in this document.
Page 22 of 28
Name
Type of Company
Address
(European Corp. Headquarter)
Phone
Fax
Email
Website
Year established
Year of current legal status
Fabianinkatu 14
+358 9 616671
+358 9 298 2340
communications@nasdaq.com
www.nasdaqomx.com
1997
1997
Listed
Sectors
Country of Incorporation
Active in Europe in
Finland
Number of employees
Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, Sweden
Joint-stock company
For profit
Since 2008 sub-group of The NASDAQ OMX Group Inc.
Cash EU regulated market
Cash EU not regulated (exchange regulated) markets
Derivatives markets
Wholesale bond markets
Clearing houses / CCP services providers
Central Securities Depositories
Companies managing settlement
IT infrastructure and software providers
457 (average in Europe)
Shares
Electronic Order
Off
Book Trades
EOB
470.418
57.396
72.790.640
1.107.503
921.069
755
Turnover (EUR m)
Trades
Market Cap. (EUR m)
Listed companies
Bonds
Electronic Order
Off
Book Trades
EOB
7.264
1.897.058
149.153
n/a
7.086
Turnover (EUR m)
Trades
Listings
ETFs
Electronic Order
Book Trades
8.182
397.342
55
Off
EOB
3.539
2.428
Stock/Index
Options and Futures
588.735
85.497.023
UCITs
Electronic Order
Off
Book Trades
EOB
7.405
29.478
397.970
1.777.435
788
432
Derivatives
Bond
Options & Futures Commodities
3.366.249
27.370.322
-
1452635,8
13450664
293.000
Revenues
Costs
136.000
EBITDA
158.000
EBIT
119.000
85.000
Net Income
350
300
250
200
150
100
50
0
293
148
104 114
113
2009
2010
Revenues
282
275
261
218
119
158
156
2011
Costs*
158
124
136
2012
2013
EBITDA
18 %
Listing (admission +
ongoing)
21 %
26 %
30 %
Personnel
ICT
Depreciation and
amortisation
Other costs
22 %
22 %
56 %
Footnotes
Financial figures are under Finnish accounting protocol (quite in line with IFRS)
*Costs do not include depreciation and amortisation
Notes
Figures are NASDAQ OMX Ltd consolidated figures
Federation of European Securities Exchanges AISBL (FESE) shall not be liable for any errors or omissions nor for the use of the information
contained in this document.
Page 23 of 28
NYSE EURONEXT
Name
NYSE EURONEXT
Type of Company
Joint-stock company
For profit
On NYSE Euronext
Cash EU regulated markets
Cash EU not regulated (exchange regulated) markets
Derivatives markets
IT infrastructure and software providers
Address
(European Corp. Headquarter)
Phone
Fax
Email
Website
Year of Incorporation
Country of Incorporation
Active in
2007
USA
Number of employees
Belgium, France, Netherlands, Portugal, United Kingdom and USA
Listed
Sectors
Turnover (EUR m)
Trades
Market Cap. (EUR m)
Listed Domestic companies
Shares
Electronic Order
Off
Book Trades
EOB
1.249.884
40.924
168.811.408
159.879
2.600.836
1.062
Bonds
Electronic Order
Book
10.151
591.709
4.417
Turnover (EUR m)
Trades
Listings
Equity
Sec. Derivatives
Reporting Electronic Order
Off
Trades
Book
EOB
975.527
16.373
7
1.920.052
3.763.282
26
32.751
Off
EOB
16
55
ETFs
Electronic Order
Off
Book
EOB
58.682
17.199
1.709.788
5.013
654
Stock/Index
Options and Futures
7.789.681
343.077.270
UCITs
Electronic Order
Book
15.137
241.293
46.947
210
Off
EOB
0
2
Derivatives
Bond
Options & Futures Commodities
466.302.677
304.902
574.878.559
23.847.358
5000
EUR millions
2.806.637
Revenues
Costs
2.231.623
EBITDA
575.014
EBIT
383.191
Net Income
121.838
4000
3000
4552
3344
33712981
3422
2915
2570
2239
2000
1000
1130
774
390
2807
2232
676
575
0
2009
2010
Revenues
2011
Costs
2012
2013
EBITDA
Personnel
Cash Trading
8%
Derivatives Trading
10%
31%
63%
ICT
ICT services
13%
26%
Footnotes
All the information refers to NYSE Euronext except for trading figures which only refer to the European trading.
Main financial results are based on US GAAP since April 2007 converted at correspondent exchange rates.
Notes
Figures mentioned include subsidiaries.
Federation of European Securities Exchanges AISBL (FESE) shall not be liable for any errors or omissions nor for the use of the information
contained in this document.
Page 24 of 28
OSLO BRS
Name
Type of Company
Address
Phone
Fax
Email
Website
Listed
Sectors
Year established
Year of current legal status
Country of Incorporation
Active in
1819
2001
Norway
Norway
Joint-stock company
For profit
Traded OTC regularly
Cash EU regulated market
Derivatives markets
Wholesale bond markets
Clearing houses / CCP services providers
Central Securities Depositories / Companies
managing settlement
Number of employees
Turnover (EUR m)
Trades
Market Cap. (EUR m)
Listed companies
Shares
Off
EOB
13.333
35.467
191.089
216
Equity
Sec. Derivatives
Reporting Electronic Order
Off
Trades
Book Trades
EOB
258
50
0
10.104
9.966
1
122
Bonds
Electronic Order
Off
Book Trades
EOB
23.489
485.032
1.882
41.390
Turnover (EUR m)
Trades
ETFs
Electronic Order
Book Trades
3.045
176.146
67
Off
EOB
-
UCITs
Electronic Order
Book Trades
-
Off
EOB
-
Derivatives
Stock/Index
Bond
Options and Futures
Options & Futures
Commodities
4.427
11.786.076
-
1.569
Listings
EUR millions
Revenues
Costs
85.643
EBITDA
54.343
EBIT
33.499
Net Income
25.942
250
205
200
150
118
118
106
100
71 53
53
118
111
80
78
61
86
55
54
50
0
2009
2010
Revenues
Costs
2012
2013
EBITDA
2011
12%
14%
39%
14%
Derivatives Trading
Clearing / CCP
2.5%
5%
41%
Personnel
Other operating
Settlement
Depreciation and
amortisation
37%
Footnote
Financial figures refer to Oslo Brs VPS Holding
Financial figures are under IFRS financial accounts standards
The value for settlement in revenue breakdown refers to VPS (a CSD) as a whole not only the settlement revenues in VPS
Notes
Figures mentioned include subsidiaries.
Federation of European Securities Exchanges AISBL (FESE) shall not be liable for any errors or omissions nor for the use of the information
contained in this document.
Page 25 of 28
SIX GROUP
SIX SWISS EXCHANGE
Name
SIX Group
SIX Swiss Exchange
Type of Company
Address
Phone
Fax
Email
Websites
Year established
Year of current legal status
Country of Incorporation
Active in
Listed
Sectors
www.six-swiss-exchange.com
1993
2008
Switzerland
Switzerland
Number of employees
Joint-stock company
For profit
No
CH regulated cash markets/CH not regulated (exchange reg.) markets
Derivatives markets (securitized derivativs only)
Retail bond markets
CCP, Central Securities Depository and Custodian Services
IT infrastructure and software providers (for
SIX Swiss Exchange and SIX Structured Products Exchange AG)
Data vending, credit card solutions, electronic payment processing
262 (end of year)
Equity
Sec. Derivatives
Reporting Electronic Order
Off
Trades
Book Trades
EOB
60.750
18.701
5.931
742.272
844.908
17.268
34.283
Bonds
Electronic Order
Off
Book Trades
EOB
27.322
108.142
441.589
83.422
Turnover (EUR m)
Trades
ETFs
Electronic Order
Off
Book Trades
EOB
26.942
46.798
910.464
21.105
794
Stock/Index
Options and Futures
-
UCITs
Electronic Order
Book Trades
4.405
246.150
n/a
30
Off
EOB
729
1.688
Derivatives
Bond
Options & Futures Commodities
-
1.582
Listings
400
161.267
Revenues
Costs
104.349
EBITDA
81.520
EBIT
77.084
n/a
Net Income
306
300
271
253
170
200
148
159
170
161
158
105
104
113
82
100
69
82
0
2009
2010
Revenues
2011
2012
2013
EBITDA
16%
Cash Trading
Personnel
41%
55%
Depreciation and
amortisation
56%
4%
Footnotes
Financial data for 2008-2011 according to Management Accounts (not IFRS and not approved by auditors).
Figures 2008 2011 are including Eurex business, from 2012 without EUREX business.
Federation of European Securities Exchanges AISBL (FESE) shall not be liable for any errors or omissions nor for the use of the information
contained in this document.
Page 26 of 28
Name
Type of Company
Address
Phone
Fax
Email
Website
Listed
Sectors
Year established
Year of current legal status
Country of Incorporation
Active in
1991
1991
Poland
Poland
Number of employees
Joint-stock company
For profit
on Warsaw Stock Exchange
Cash EU regulated market
Cash alternative (exchange regulated) market
Derivatives markets
Wholesale bond markets / Retail bond markets
Commodity exchange / Commodity clearing house
Subsidiaries: The Polish Power Exchange (PolPX);
BondSpot; WSEInfoEngine; IRK WSE RESEARCH
347 (end of year)
Turnover (EUR m)
Trades
Market Cap. (EUR m)
Listed companies
Shares
Off
EOB
9.102
118.348
148.678
895
Bonds
Electronic Order
Book Trades
658
60.145
442
Turnover (EUR m)
Trades
Listings
Equity
Sec. Derivatives
Reporting Electronic Order
Off
Trades
Book Trades
EOB
67
0
33.972
1
629
Off
EOB
376
397
ETFs
Electronic Order Off
Book Trades
EOB
40
0
10.608
0
3
UCITs
Electronic Order
Book Trades
11
8.455
665
37
Off
EOB
2
8
Derivatives
Stock/Index
Bond
Options and Futures Options & Futures
Commodities
54.278
9.769.952
-
68.371
Revenues
Costs
40.107
EBITDA
37.368
EBIT
28.264
Net Income
27.050
80
70
60
50
40
30
20
10
0
68
68
65
57
47
28
34 31
24
2009
2010
Revenues
40
38 36
33
2011
Costs
2012
40 37
2013
EBITDA
8%
29%
15%
Cash Trading
38%
Other operating
Derivatives Trading
44%
Personnel
Depreciation and
amortisation
12%
Other (advert., educat.,
properties)
47%
7%
Footnotes
Operating revenues and costs (excluding financial revenues and costs)
Figures are under International Financial Reporting Standards (IFRS) protocol
Other Revenues: data for 2013 include revenues of TGE, the company operating the commodity exchange.
Other Revenues: revenues from WSE's subsidiary IRK-WSE Research (IR/PR support services to companies listed on WSE and organisation of capital market training), promotion, education, and properties.
Notes
Figures mentioned include subsidiaries.
Federation of European Securities Exchanges AISBL (FESE) shall not be liable for any errors or omissions nor for the use of the information
contained in this document.
Page 27 of 28
NOTES ON METHODOLOGY
Trading figures:
Trading statistics follow the FESE Statistics Methodology: http://www.fese.eu/en/?inc=art&id=51
Electronic Order Book Trades contain all transfers of ownership by way of trades automatically
executed through the Exchanges' electronic order book.
Off Electronic Order Book Trades include all other transfers of ownership by way of trades
executed away from the electronic order book and involving at least one member /
intermediary of an Exchange.
Reporting Trades include trades reported through a Trade Reporting Facility (TRF) when only
one counterparty provides information on the trade and offers dissemination services at the
request of the reporting trader. Turnover methodology was reviewed in 2010 (FESE Statistics
Methodology: http://www.fese.eu/en/?inc=art&id=51 ).
Market Capitalisation (Market Cap.) is the total number of issued shares of the company
(including their several classes) multiplied by the respective share price at a given time. The total
is the sum of the total market capitalisation of each domestic company admitted to listing
included in the Exchange.
The market capitalisation figures include:
shares of domestic companies
shares of foreign companies which are exclusively listed on an exchange, i.e. the foreign
company is not listed on any other exchange
common and preferred shares
shares without voting rights when available
investment /participation certificates when available
The market capitalisation figures exclude:
collective investment funds
rights, warrants, convertible instruments
options, futures
foreign listed shares other than exclusively listed ones
companies whose only business goal is to hold shares of other listed companies
Turnover or share trading value is the total number of shares traded multiplied by their
respective prices.
Notional Turnover is an approximate measure of the value of the number of contracts traded
expressed with reference to the underlying asset, enabling comparison between cash and
derivatives trading and among different derivatives products. It is computed as the number of
contracts traded multiplied by the assets underlying amount and value.
All trading figures (value and number of transactions) are single counted in order to ensure data
comparability.
General information and financial figures according to:
Figures mentioned include subsidiaries.
EBIT - Earnings Before Interest and Taxes.
EBITDA - Earnings Before Interest, Taxes, Depreciation and Amortization.
ICT Information and Communication Technologies
Information sources
Trading figures 2013 taken from FESE Statistics Database:
http://www.fese.eu/en/?inc=page&id=10
General information and Financial figures 2013 provided by FESE members.
Federation of European Securities Exchanges AISBL (FESE) shall not be liable for any errors or omissions nor for the use of the information
contained in this document.
Page 28 of 28
CONTACT
FESE Secretariat
Sara Baldi
Communications & Policy Advisor
Tel: +32 2 551 01 86
Email: baldi@fese.eu
Federation of European Securities Exchanges AISBL (FESE) shall not be liable for any errors or omissions nor for the use of the information
contained in this document.