Year-End 2018 Report

Global DR Liquidity by Industry DR Trading Value (in USD Billions) 1 INDUSTRY 2018 VALUE CHANGE VS. 2017 Internet $1,662 55% Oil & Gas $381 33% Pharmaceuticals $271 -5% Banks $265 8% Software $201 13% Mining $169 -3% Semiconductors $168 26% Telecommunications $160 20% Iron/Steel $125 -13% Beverages $113 10% DR Trading Volume (in Billions) 1 INDUSTRY 2018 VOLUME CHANGE VS. 2017 Internet 25 55% Banks 24 5% Oil & Gas 17 6% Telecommunications 13 19% Mining 11 -6% Iron/Steel 10 -24% Pharmaceuticals 8 -8% Beverages 7 26% Software 5 87% Semiconductors 5 -11% Global DR Trends by Sector 1 Represents the top ten industries as defined by Bloomberg. 18