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The First NYSE Euronext Lisbon Awards
Portuguese Stock Exchange awards capital market performance for 2011

Lisbon, 27th January 2012 – For the first time, NYSE Euronext has awarded 16 organisations that excelled in the capital markets in 2011. The awards are aimed at raising the visibility of those companies operating in the stock market throughout last year. These include issuers, brokers, investment banks, analysts, fund managers, law firms, academics, who all actively contributed to the development of the Portuguese capital market. The creation of the NYSE Euronext Lisbon Awards is another step in the development of the market and ultimately to Portugal’s economic growth by the Portuguese Exchange.

At the award ceremony, Luís Laginha de Sousa, Chairman and CEO of NYSE Euronext Lisbon said in a statement: “The capital market can and should be an important contributor to the financing of the economy, namely as a place for attracting national and international savings”.

He added: “In Portugal we need to make significant efforts for the capital market to reinforce its supporting role in the development of the economy”.

“By recognising the performance and efforts of the different actors in the financial ecosystem, the Portuguese Stock Exchange, at its first edition of the ‘NYSE Euronext Lisbon Awards, aims to promote and develop a positive dynamic within the capital markets” the CEO of the Portuguese exchange emphasised.

For the awards in 2013, relating to the activity in 2012, a new category has been created: Best Media article on capital markets. In this category the best published article on capital markets will be awarded based on relevant criteria, opportunity, depth and rigueur.

The jury of NYSE Euronext Lisbon Awards is made up of members of the PSI20 Committee: Dr. João Silva Ferreira (PhD), Dr.João Duque (PhD) and Dr, Rui Alpalhão (PhD). The awards are based on qualitative and quantitative criteria.

The nominees and winners of the 2012 edition were:

1.       Listed company

a.       Best Performance - Compartment A

·           Cimpor – Cimentos de Portugal, SGPS, S.A.

·           EDP Renováveis, S.A.

·           Jerónimo Martins – SGPS, S.A. – Winner

 

b.       Best Performance - Compartments B and C

·           Cofina – SGPS, S.A.

·           Corticeira Amorim – SGPS, S.A. - Winner

 

2.       Market member

a.       Most Active Trading House in Shares

·           Banco Espírito Santo de Investimento, S.A. - Winner

·           Banco Português de Investimento, S.A.

·           Morgan Stanley & Co International Plc

 

b.         Most Active Trading House in Shares - Compartments B and C

·           Banco Comercial Português, S.A. - Winner

·           Banco Espírito Santo de Investimento, S.A.

·           Banco Português de Investimento, S.A.

 

c.       Most Active Trading House in Bonds

·           Banco Comercial Português, S.A.

·           Banco Espírito Santo de Investimento, S.A.

·           Banco Português de Investimento, S.A. – Winner

 

d.       Most Active Broker in ETF

·           Banco Espírito Santo de Investimento, S.A. - Winner

·           Commerzbank AG

·           Intermoney Valores – Sociedade de Valores, S.A.

 

e.       Most Active Broker in Derivatives Market

·           Banco Bilbao Vizcaya Argentaria, S.A. - Winner

·           Banco Santander, S.A.

·           The Royal Bank of Scotland Plc

 

3.       IPO House

a.       No. 1 IPO & Seasoned Equity Offer House

·           Banco Comercial Português, S.A. – Winner

·           Banco Espírito Santo de Investimento, S.A.

·           Caixa - Banco de Investimento, S.A.

 

b.       1 Corporate Bond House

·           Banco Espírito Santo de Investimento, S.A.

·           Caixa - Banco de Investimento, S.A. – Winner

·           Morgan Stanley & Co International Plc

 

4.       Certificates and Warrant Issuer & Market Maker

·           Banco Comercial Português, S.A.

·           Citigroup Global Markets Deutschland AG & CO

·           Commerzbank AG - Winner

 

5.       Most Active Research House

·           Banco Comercial Português, S.A.

·           Banco Espírito Santo de Investimento, S.A.

·           Banco Português de Investimento, S.A. - Winner

·           Caixa - Banco de Investimento, S.A.

·           UBS Limited

 

6.       Most Active Law Firm

·           Morais Leitão, Galvão Teles, Soares da Silva & Associados RL

·           Uría Menéndez Abogados S.L.P.

·           Vieira de Almeida & Associados, Sociedade de Advogados RL - Winner

 

7.       Investment Fund/ Open Pension Fund in Portuguese Stocks

·               BPI Alternative Fund: Iberian Equities L/S Fund - FEI – managed by   BPI Gestão de Activos S.G.F.I.M. – Winner

·           Espírito Santo Plano Dinâmico – managed by ESAF - S.G.F.I.M.

·           Espírito Santo Premium – FEI – managed by ESAF - S.G.F.I.M.

 

      8.       Financial Innovation

·           Certificates on Shares and Goods’ Indices – Millennium BCP

·           ESAF NYSE Euronext Iberian ETF 

·           Factor Certificates and OT Certificates – Commerzbank AG - Winner

 

9.       Best Scientific Research on Portuguese Capital Markets

·               “Efficient Market Hypothesis in European Stock Markets”, Author: Maria Rosa Borges

·               “Herding in a Concentrated Market: a Question of Intent”,   Authors: Mário Ferreira, P. Holmes e V. Kallinterakis

·               “Capital Structure and Law Around the World”,   Authors:   Paulo F. Ferreira Alves  e  Miguel A. Ferreira

·               Tiny Prices in a Tiny Market: Evidence from Portugal on Optimal Share Prices”,Authors: Teresa Cutelo e João Pedro Pereira - Winner

               

10.    Best Capital Market Promotion Event

·           Infovalor – Savings and Investment Fair– organised by Quintela & Reis Consultores, Vestigo Consultores and Jornal de Negócios - Winner

·           Jogo da Bolsa(Stock Exchange Game) – developed by GoBulling and Jornal de Negócios

·           Global Investment Challenge– organised by SDG, in partnership with Millennium BCP and Expresso newspaper

 

Appendix

2013 Award List

 

1-       Listed company

a.       Best Performance - Compartment A

b.       Best Performance - Compartments B and C

2-       Market member

a.       Most Active Trading House in Shares

b.       Most Active Trading House in Shares - Compartments B and C

c.        Most Active Trading House in Bonds

d.       Most Active Trading House in ETF

e.       Most Active Trading House in Certificates

f.         Most Active Trading House in Derivatives Market

g.       Most Active Trading House in Warrants

3-       IPO House

a.       No. 1 -  IPO & SEO House

b.       No. 1 -  Corporate Bond House

4-       Most Active Research House

5-       Most Active Law Firm

6-       Investment Fund/ Open Pension Fund in Portuguese Stocks[1]

7-       Financial Innovation

8-       Best Scientific Research on Portuguese Capital Markets

a.       PhD Thesis and Published Articles

b.       Master`s Thesis

9-       Best Capital Market Promotion Event

a.       Dedicated to institutional investors

b.       Dedicated to retail investors

10-   Best media article on capital markets

 

 

 

 

 

 

 

Notes to Editors

 

NYSE Euronext Lisbon Awards was assessed by a jury made up of members of the PSI20 Committee: Dr. João Silva Ferreira (PhD), Dr.João Duque (PhD) and Dr, Rui Alpalhão (PhD). The jury reserves the right to not give an award if it considers some or all of the conditions are not met, namely the criteria identified below for each of the categories.

 

1.       Listed Company. The performance of the listed companies will be assessed by the total turnover, reflecting price evolution and dividend payments. Those companies which are listed  in the Euronext segment are eligible, including those from abroad. The listed companies which trade shares less than 80% of the trading days as well as those performing negatively will not be eligible.

 

2.       Market Member. The performance of the members will be assessed in turnover (€) traded at NYSE Euronext Lisbon, in the values for this identified category.  

 

3.       IPO House. The performance of the financial broker will be assessed on the amount placed in securities identified in this category, listed in the Euronext regulated segment. The Initial Public Offer and Seasoned Equity Offer are eligible. In investment, only the financial brokers who are leaders are eligible.

 

4.       Most active Research House. The performance in this category will award the coverage of the shares listed in the Euronext segment, assessed by the number of companies covered, published reports by each company in the year of assessment and assigned team.

 

5.       Most Active Law Firm. The performance of the Law Firms will be assessed by the number of issued shares and bonds listed in the Euronext segment (regulated) in which they were involved, weighting the respective amounts.

 

6.       Investment Fund/Open Pension Fund in Portuguese Stocks. The aim is to recognise the investment fund/open pension fund which has made the biggest effort in investing in listed shares in NYSE Euronext Lisbon, in comparison with the initial national stocks’ portfolio. This award was developed in partnership with APFIPP, which contributed to the definition of the criteria and will provide technical support in the selection of the annual winner.

 

7.       Financial innovation.  This is a category which covers all initiatives, including products, services, events or other marked by innovation in the Portuguese capital market.

 

8.       Best Scientific Research on Portuguese Capital Markets.  Marked MSc/MA and PhD theses and published articles which include an analysis on the securities listed in NYSE Euronext Lisbon will be eligible. They may additionally include an analysis of securities listed in other markets.

 

9.       Best Capital Market Promotion Event. In this category the event promoting the Portuguese capital market with the biggest impact will be awarded. As much as possible, objective criteria will be used. Namely, number of participants, used means, broadcasts and media coverage.

 

10.   Best media article on capital markets. In this category the best article published on capital market will be assessed by relevance, opportunity, depth and rigueur. Only one article may be submitted by each journalist[2].

Press contact:

NYSE Euronext Lisbon

Sandra Machado (+351) 91 777 68 97; smachado@nyx.com

Paula Cordeiro (+351) 96 40 46 778; pcordeiro@nyx.com

 

About NYSE Euronext:

NYSE Euronext (NYX) is a global leader operating  in the financial markets and supplier of innovative trading technology. NYSE Euronext is formed by the stock exchanges of shares and derivatives of the United States and Europe. Amongst other products, it trades shares, futures, options, fixed term bonds and exchange-traded funds.   With more than 8..000 listed issues, the share markets   of NYSE Euronext, namely NYSE, NYSE Euronext, NYSE Amex, NYSE Alternext and NYSE Arca, trade more than a third of the total of the share business worldwide. Thus, worldwide, compared to any other exchange group it is the stock exchange presenting more liquidity. NYSE Liffe is one of the world leaders in derivatives in Europe, coming second place worldwide in value of transactions. Through NYSE Technologies, the stock exchange group offers technological solutions, information on products and applications for data management as well as connectivity solutions and other services. NYSE Euronext is on the S&P 500 Index and it is the only stock exchange managing company which is on the S&P 100 and Fortune 500.

 



[1]   This Award was developed in partnership with APFIPP

[2]Only candidates who are journalists with a valid license to practice at the time of publication will be admitted.  The articles about the capital market can be submitted via paper or online, between 1st December 2011 and 30th November 2012.  Submissions should be sent to NYSE Euronext Lisbon to the following email: PressOfficeNYSEEuronextLisbon@nyx.com until the 30th November 2012. Proof of valid license to practice should be included.