CME is the world’s most valuable stock exchange brand claims new study

The CME is the most valuable stock exchange brand with a value of US$1.7bn, a study has claimed.

The NYSE is second in terms of brand value, but is the most powerful brand. SGX anticipates further benefits from the Baltic Exchange transaction

For the first time, the brand values of the world’s biggest exchanges have been calculated and ranked, showing what the study claims is an often overlooked role that brands can play in the world’s financial markets, Brand Finance said in a statement issued today.

The list has been created by valuation and strategy consultancy Brand Finance, which evaluates thousands of brands from all industries every year. The most valuable exchange brands can be found in the Brand Finance Exchanges 20.

US leads the way

Brand Finance pointed that United States heads the way with one quarter of the brands in the table based there, though with a combined value of US$4.7bn, they make up nearly half the total value of the top 20 (US$9.7bn). The United Kingdom and Germany are home to three exchange brands each, with total values of US$991m and US$983m respectively.

CME is the most valuable and fastest growing exchange brand, its value increasing 32% to US$1.7bn. This is largely due to the  year on year growth in four of its six product lines. Furthermore, CME has boosted efforts to expand its core exchange business via strategic alliances and acquisitions, new product initiatives and increased global presence.

The second most valuable is the NYSE with a value of US$1.3 billion. With an AAA rating, it is also the most powerful exchange brand, its status boosted by the recent acquisition of Interactive Data Corp (IDC), allowing NYSE to offer pricing data on corporate bonds.

Chinese economy

The HKEx is the third most valuable exchange brand. The 11% dip in value to US$1.1 billion is partially due to the decline across all major revenue drivers. As a result of the weakening Chinese economy, HKEx’s equities experienced a decrease, negatively affecting brand value.

In contrast, the only other East Asian brand in the table, the SGX, rose 21% to a value of US$380m, making it the second fastest growing brand this year. In 2015, it was named the Global Exchange of the Year for the first time. SGX’s forthcoming acquisition of the Baltic Exchange is intended to position Singapore as a hub for shipping finance.

 

The 20 Most Valuable Exchange Brands (USDm)

Rank 2016BrandDomicileBrand Value 2016 (USD m)Brand Rating 2016Brand Value Change (%)Brand Value 2015 (USDm)Brand Rating 2015
1CMEUnited States1723AA+32%1305AA+
2NYSEUnited States1345AAAN/AN/AN/A
3HKExHong Kong1063AA-11%1191AA+
4NASDAQUnited States985AA+N/AN/AN/A
5LSEUnited Kingdom679AA+N/AN/AN/A
6SIX Swiss ExchangeSwitzerland522A+19%440A-
7EurexGermany461AA+N/AN/AN/A
8Intercontinental Exchange (ICE)United States458AAN/AN/AN/A
9Singapore Exchange (SGX)Singapore380AA21%314AA
10ClearstreamGermany303AA-N/AN/AN/A
11TMXCanada241AA-16%286AA
12EuronextNetherlands240AAN/AN/AN/A
13Deutsche BoerseGermany219AAN/AN/AN/A
14Chicago Board Options Exchange (CBOE)United States218A+N/AN/AN/A
15Australian Securities Exchange (ASX)Australia212AA-20%176A+
16LCH.ClearnetUnited Kingdom189A+N/AN/AN/A
17Borsa ItalianaUnited Kingdom123A+N/AN/AN/A
18Bolsas y Mercados Españoles (BME)Spain120AA-6%113AA-
19BM&FBovespaBrazil112AAN/AN/AN/A
20Dubai Financial Market (DFM)UAE97AA-N/AN/AN/A

 

ABOUT THE AUTHOR
Gary Robinson
Deputy Editor, International Investment and Head of Video at Open Door Media Publishing. A fully qualified journalist and filmmaker with more than 20 years' financial services experience, both as journalist and originally as an IFA.

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