Highlights
- Equity underwriting accumulated a total of EUR 140.4 bn year-to-date (YtD) in total proceeds, a marginal decrease of 1.1% from the value observed in the first three quarters of 2014 (EUR 141.9 bn). Equity underwriting encompasses Initial Public Offerings (IPOs), convertible securities and follow-on offerings.
- Mergers and Acquisitions of European target or acquiring companies accumulated EUR 587 bn YtD in deal value, a decrease of 8.6% from the value observed in the first three quarters of 2014 (EUR 643 bn).
- Equity trading activity in European MTS and exchanges accumulated a total of EUR 10 tn YtD in turnover value, a substantial increase from the observed in the first three quarters of 2014 (EUR 7.3 tn).
- Market capitalisation of European shares increased 2.7% YtD in 3Q15, standing at EUR 11.3 tn.