Stock exchanges from Brazil, Russia, India, Hong Kong and South Africa have
entered into an alliance which they hope will expose investors to stocks
particular to their markets.
The initiative was announced at the 51st AGM of the World Federation of Exchanges (WFE) in Johannesburg yesterday. A joint statement said that the exchanges have a combined market capitalisation of 9 trillion Dollars.
Officials said the initiative brings together the BM&FBOVESPA from Brazil, MICEX from Russia, Hong Kong Exchanges and Clearing (HKEx) as the initial China representative, and the Johannesburg Stock Exchange (JSE) of South Africa apart from the Bombay Stock Exchange and National Stock Exchange of India.
The initiative was announced at the 51st AGM of the World Federation of Exchanges (WFE) in Johannesburg yesterday. A joint statement said that the exchanges have a combined market capitalisation of 9 trillion Dollars.
Officials said the initiative brings together the BM&FBOVESPA from Brazil, MICEX from Russia, Hong Kong Exchanges and Clearing (HKEx) as the initial China representative, and the Johannesburg Stock Exchange (JSE) of South Africa apart from the Bombay Stock Exchange and National Stock Exchange of India.
No comments:
Post a Comment