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Exchanges recover from Volcker rule

London, 11 March 2010

FTSE Mondo Visione Exchanges Index climbs 2.4% in February 2010: Strong performances from US based exchanges, led by NYSE Euronext and Intercontinental Exchange, boosted the overall performance of February’s FTSE Mondo Visione Exchanges Index.

All four US listed exchanges experienced an increase in share prices, showing strong recovery from the previous month which had seen them outperformed by Asia-Pacific based exchanges.

The Index*, which aims to reflect market sentiment and is a key indicator of exchanges performance, saw a 2.4% increase, with Bolsa Mexica leading  the index table with a 13.4 per cent rise in shares.

Commenting on the Index which closed at 21,695.38 on 26 February 2010, Herbie Skeete, Managing Director, Mondo Visione and co-founder of the Index said:

"Exchanges have recovered from the shock of the Obama administration Volker Rule which aims to limit proprietary trading at commercial banks. The Volcker Rule is likely to be handed over to regulators to implement, and the impact on exchanges is likely to be less severe than originally thought."

The FTSE Mondo Visione Exchanges Index best performer by capital returns in US dollars was Bolsa Mexicana de Valores SA with a 13.4% increase in share price from 29 January 2010 to 26 February 2010.

The FTSE Mondo Visione Exchanges Index worst performer by capital returns in US dollars was Hellenic Exchanges with a 13.0% decrease in share price from 29 January 2010 to 26 February 2010.

Ends --

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