FEAS Yearbook FEAS Yearbook 2008 | Page 5

FEDERATION OF EURO-ASIAN STOCK EXCHANGES
SEMI ANNUAL REPORT OCTOBER 2008
AMMAN STOCK EXCHANGE
OFFICIAL 6 MONTH STATISTICS
US$ millions
Total Volume
Average Daily Volume
# Shares millions
Total Volume
Average Daily Volume
Stocks
Jan-08
Feb-08
Mar-08
Apr-08
May-08
Jun-08
TOTAL 1,985.00
1,790.34
2,794.42
2,886.69
2,910.07
4,971.95
17,338.47 104.47
85.25
133.07
131.21
153.16
226.00
138.86 417.51
424.54
485.04
522.19
546.53
874.76
3,270.58 21.97
20.22
23.10
23.74
28.76
39.76
26.26
Bonds
Jan-08
Feb-08
Mar-08
Apr-08
May-08
Jun-08
TOTAL 0.00
0.23
0.00
0.07
0.07
0.00
0.37 0.00
0.01
0.00
0.00
0.00
0.00
0.00 0.00
0.00
0.00
0.00
0.00
0.00
0.00 0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other
Jan-08
Feb-08
Mar-08
Apr-08
May-08
Jun-08
TOTAL 0.00
0.00
0.00
0.00
0.00
0.00
0.00 0.00
0.00
0.00
0.00
0.00
0.00
0.00 0.00
0.00
0.00
0.00
0.00
0.00
0.00 0.00
0.00
0.00
0.00
0.00
0.00
0.00
Market Capitalization (US$ millions)
Index
Jan-08
42,813.87
7,824.31
Feb-08
46,185.15
8,462.97
Mar-08
44,283.47
8,067.90
Apr-08
47,715.77
8,711.59
May-08
50,806.48
9,300.79
Jun-08
56,990.48
4,772.20
PRACTICES & PROCEDURES
Trading
Days
Hours
Block trades for
all markets
Market segmentation
Sunday-Thursday
Pre-opening session for bonds, mutual funds 9:30-
9:35, Opening Session for bonds, mutual funds
9:35,Trading session for bonds, mutual funds 9:35-
9:55, Pre-opening session for first, second and right
issues 9:30-10:00, Opening session for first, second
an right issues 10:00, Trading session for first, second
and right issues 10:00-12:00
12:00-12:15
First, second, bonds, mutual funds, off floor
transactions, foreign securities allowed
System
Automated, remote access, intranet, depository links,
WAN
Mechanisms
Continuous auction
Market-maker/Specialists No
Instruments
Stocks, bonds, mutual funds, right issues
Currency
Local and Foreign Currencies
Real time information
Best bid/ask, last price, last volume, total volume,
price index, order book
Clearing & Settlement
Central Depository
Period
Registered
Settlement
Clearing
DVP
Clearing Institution
Risk Sharing
Margin/Lending
Custodians
Taxes
Cash Dividends
Interest Income
Capital Gains
Structure & Regulations
Legal
Regulation
Securities market
regulations
Trading rules
Surveillance
Corporate actions
Trading halts regulations
Investor protection
Foreign Participation
Foreign investors
Investment limitations
Repatriation
Tax exempted
Assessed for all investors as
income
Tax exempted
Special status
Self
Exchange with regulator approval
Responsibility of exchange
Yes, electronic
Managed by issuer
Yes, if necessary
Investor protection guarantee fund
Allowed, No restrictions
No limitations
No restrictions
Yes, electronic
T+2
Yes
Book entry
Bilateral Netting
Yes
Securities Depository Center
No
Yes/No (there is margin but lending is not allowed yet)
Banks
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