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00:00 In 2023, we saw a 24% increase in the S&P 500's share price,
00:07 and it closed at almost the highest levels ever,
00:10 with the support of the US Federal Reserve,
00:13 which raised the interest rates four times in 2023
00:17 by 100 points, and also confirmed it four times,
00:21 in addition to the rise of the Magnificent Seven.
00:25 All these factors contributed to the rise of the profits of the exchange
00:30 and its achievement in a statistical way.
00:32 The exchange around the world has achieved profits of $218 billion,
00:38 but the largest 20 exchange boxes, which represent five of the world's assets,
00:44 have achieved profits of nearly $67 billion,
00:48 at levels that were 10% higher than before the pandemic.
00:52 But in 2022, we saw a sharp decline in the profits of the exchange,
00:57 due to fears of a run-up, and also the rise of the US Federal Reserve's
01:01 policy of increasing interest rates.
01:04 In the last three years, the profits of 20 exchanges have increased by nearly 83%.
01:11 In 2023, the largest exchange was the TCI,
01:15 which achieved profits of $13 billion, at 33% higher than in 2022.
01:23 This exchange has 50 billion assets around the world,
01:26 and has achieved social profits since its launch in 2004,
01:30 at $41 billion.
01:32 As for the profits of the 20 exchanges,
01:34 they have achieved profits of $755 billion since their establishment.
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