current trends
DESCRIPTION
MX-CCAD2005 Luc Bertrand, President and CEO. CURRENT TRENDS. MX launches new US options exchange. MX year to date continued double-digit growth. MX exceeds performance targets. MX extends direct access to US and UK. MX completes its transformation. - PowerPoint PPT PresentationTRANSCRIPT
CURRENT TRENDS
MX-CCAD2005Luc Bertrand, President and CEO
MX year to date continued double-digit growth
MX exceeds performance targets
MX extends direct access to US and UK
MX completes its transformation
MX restructures into a private corporation
MX launches new US options exchange
52,000
2000
86,226
2004
MX AVERAGE DAILY VOLUME
(Contracts) 106,145
Q1 + Q2 2005
66%23%
BAX - CGB - SXFAverage daily volume
BAX CGB SXF
54%
99%49%
2000
2004
2000
20042000 2004
19,832
34,029
2000 2004
EQUITY OPTIONS
71%
218
2000
312
2004
Billions of dollars
467
Q2 2005
NOTIONAL VALUE
0,98M
1,6M
2000 2004
OPEN INTEREST
(Contracts)
58%
1,9M
Q2 2005
- SEC approval in January 2004- Founding partners: BSE, IB, MX - Other partners: UBS, CSFB, J.P. Morgan, Mongran Stanley, Citadel- Successfull launch in February 2004
52 000
2000
176 606
2004
MX + BOX PLATFORMS ACTIVITY
454 378
July 2005
Average daily volume
2005 AND BEYONDWith a solid platform for growth and diversification, MX is focussing on its core competencies to increase the scope and scale of its operations
2005 AND BEYONDBusiness lines:
• Financial Markets• Clearing• IT Solutions
2005 AND BEYONDFinancial Markets:
The strategy is to meet aggressive growth targets by attracting new market participants from Canada and global financial centres, and building investor demand for our derivatives trading and clearing services.
2005 AND BEYONDClearing:
The strategy is to maintain our Standard & Poor’s AA credit rating, support increased trading volumes and diversify into new markets for risk management services.
2005 AND BEYONDIT Solutions:
The strategy is to expertly manage the advanced information systems that support trading and clearing activities of the MX, as well as services provided to BOX.
CURRENT TRENDS
MX-CCAD2005Luc Bertrand, President and CEO