Shares in the world's largest exchange operating groups rose by 8.9% in November, with all but 5 of the 32 constituents of the FTSE Mondo Visione Exchanges Index being in positive territory. The Index closed at 67,638.94 points, up from the October close of 62,119,09.

HKEX ended November as the world's largest exchange operator by market capitalisation.

The top 5 exchanges by market capitalisation at end November were:

The best performer by capital returns in US dollars was Hellenic Exchanges with a 27.7 per cent increase in share price from 30 October 2020 to 30 November 2020. The next best performer was Moscow Exchange with an 18.6 per cent increase, followed by Brazil's B3 with a 17.7 per cent increase over the same period.

The worst performer by capital returns in US dollars was Croatia's Zagrebacka Burza dd with a 7 per cent decrease in share price from 30 October 2020 to 30 November 2020. This was followed by Multi Commodity Exchange of India with a 5 per cent decline and Kenya's Nairobi Stock Exchange with a 4.3 per cent decrease over the same period.

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

"The times they are a changing. Back in the day when I worked for what was then the leading market data vendor in the world, we used to say, 'Content is King'. Back in the day the place we wanted to go but dared not was to be a centre of global liquidity. Back in the day we butted horns with the local exchange on our patch who thought we wanted to disintermediate them out of existence. Now, the reincarnation of my alma mater is about to absorbed by said local exchange. Who would have thunk it?! As the sung goes --- If your time to you is worth savin, And you better start swimmin, Or you'll sink like a stone, For the times they are a-changin - And my, the global exchanges they are swimming, but not against the tide, for data is at the centre of a rush of consolidation. Deutsche Boerse and ISS have followed LSEG and Refinitiv. With the trend towards investors constructing climate resilient portfolios, Deutsche Boerse is tapping into a rich seam, with the ISS case against the SEC over the recent rule increasing oversight of proxy advisory firms being the only cloud on the horizon"

Click here to download November's performance report.

Monthly FTSE Mondo Visione Exchanges Index Performance (Capital Return, USD)

Monthly FTSE Mondo Visione Exchanges Index Performance (Capital Return, USD)

About FTSE Mondo Visione Exchanges Index

The FTSE Mondo Visione Exchanges Index, a joint venture between FTSE Group and Mondo Visione, was established in 2000.

It is the first Index in the world to focus on listed exchanges and other trading venues. The FTSE Mondo Visione Exchanges Index compares performance of individual exchanges and trading platforms and provides a reliable barometer of the health and performance of the exchange sector.

It enables investors to track 32 publicly listed exchanges and trading floors and focuses attention of the market on this important sector.

The FTSE Mondo Visione Exchanges Index includes all publicly traded stock exchanges and trading floors:

• Aquis Exchange
• Australian Securities Exchange Ltd
• B3 SA
• Bolsa Mexicana de Valores SA
• Boursa Kuwait Securities
• BSE
• Bulgarian Stock Exchange
• Bursa de Valori Bucuresti SA
• Bursa Malaysia
• Cboe Global Markets
• CME Group
• Dar es Salaam Stock Exchange PLC
• Deutsche Bourse
• Dubai Financial Market
• Euronext
• Hellenic Exchanges SA
• Hong Kong Exchanges and Clearing Ltd
• Intercontinental Exchange Inc
• Japan Exchange Group, Inc
• Johannesburg Stock Exchange Ltd
• London Stock Exchange Group
• Moscow Exchange
• Multi Commodity Exchange of India
• Nairobi Securities Exchange
• Nasdaq
• New Zealand Exchange Ltd
• Philippine Stock Exchange
• Singapore Exchange Ltd
• Tel Aviv Stock Exchange
• TMX Group
• Warsaw Stock Exchange
• Zagreb Stock Exchange

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.