An interesting list on the global top electronic equity trading venues for 2015. I have highlighted the top and bottom ranked exchanges in green and pink respectively.
The standout has to be Shanghai and Shenzhen exchanges, recording an outstanding increase of +223% and +172% in electronic equity trading volume. Foreign participation is strictly regulated in these markets, I would surmise the increase are coming from within the country. China regulators were very active in trying to stabilize the volatility of its stock markets.
Some of the major exchanges showing good growth includes Hong Kong, Korea and Deutsche Borse. Many of the mid and smaller sized exchanges also showed growth of +20% or more. In a way, this is also indicative (albeit a lagging one) of the economic scorecard of the country. Most of the middle eastern exchanges recorded big declines in their trading volume. perhaps there is a link to the falling crude oil prices. As for Japan, Abenomics had a strong effect in the equity market.
For the global macro trader, it could be used to as a simple guide on where equities could be over or under valued. For investment bankers and companies planning to IPO, knowing where are the hot and liquid markets is a factor in getting a good pricing for their shares.
No comments:
Post a Comment