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Logo of Worldwide Exchange (2015-present)
|Genre||business news program|
|Presented by||Wilfred Frost
|Country of origin||United States|
|Location(s)||London, England (2005–2015)
Englewood Cliffs, New Jersey (2005–2012, 2016-present)
|Running time||60 minutes|
|Original network||CNBC Europe (2005–2015)
|Picture format||4:3 (December 19, 2005-March 28, 2014)
16:9 (March 31, 2014-present)
16:9 (CNBC US; October 13, 2014-present)
|Original release||December 19, 2005 – present|
|Preceded by||CNBC US:
Wake Up Call
Asia Market Wrap
|Related shows||(details here)|
Worldwide Exchange is a television business news program on CNBC channels around the world. It used to be broadcast live from studios on three continents until May 11, 2012. The global program is anchored by Wilfred Frost & Sara Eisen and is produced at CNBC Global Headquarters in Englewood Cliffs, New Jersey. Prior to January 4, 2016, it was originally produced by CNBC Europe in London.
Billed as "the first ever global business news broadcast", Worldwide Exchange began its broadcast on 2005, and is the first CNBC program to be jointly produced by three of the network's regional channels. It airs from 5:00 a.m. to 6:00 a.m. ET on the main CNBC channel and CNBC World in the United States, 11:00 a.m. to noon CET on CNBC Europe, and 5:00 p.m. to 6:00 p.m. (with DST) or 6:00 p.m. to 7:00 p.m. (without DST) Hong Kong/Singapore/Taiwan Time on CNBC Asia. As a result of the success of Worldwide Exchange, a second joint production, Capital Connection, debuted on CNBC Europe and CNBC Asia on March 26, 2007.
Worldwide Exchange replaced Wake Up Call, an early morning pre-market program on CNBC US; Morning Exchange, a mid-morning program on CNBC Europe; as well as Asia Market Wrap and CNBC Tonight on CNBC Asia, a daily wrap-up of the top business news in Asia.
On October 13, 2014, Worldwide Exchange was switched to a full 16:9 letterbox presentation and re-launched in 1080i high-definition on CNBC US.
- 1 Format
- 2 Notable personalities
- 3 Market holidays
- 4 See also
- 5 References
- 6 External links
Original format (December 19, 2005-March 11, 2011)
The original program format began with the three anchors, Christine Tan from Asia, Ross Westgate from Europe, and Michelle Caruso-Cabrera from the United States, respectively, along with the headlines from each continent. A round-up of trading in Europe and Asia followed (normally including a look at the FTSE CNBC Global 300 Index, which was launched on the show on 2006-09-18), along with a look at US stock futures. The top business stories in each continent were then narrated in turn.
The first half-hour also featured the program's signature segment, the fast-paced "Global Stock Watch". Breaking news on European economic data was frequently covered 30 minutes into the show, and was followed by instant analysis with a guest. The remainder of the original program format consisted largely of a mix of business headlines (which were then repeated in the second hour), interviews with guests, and issue-specific dispatches from CNBC reporters. Caruso-Cabrera left on October 19, 2007, and was replaced by Brian Shactman until at the end of 2009. The following year, on February 1, 2010, Nicole Lapin became the U.S. presenter until her departure from the network on August 5, 2011.
From its premiere until March 25, 2011, Worldwide Exchange has featured guest hosts during both hours of the show.
Two regular segments which appeared towards the end of the broadcast were a preview of Squawk Box, (which immediately follows Worldwide Exchange in the US and Asia), and the "US Lookahead." At the end of the broadcast, before the three anchors signed off, the U.S. anchor took a final look at US stock futures if time permitted.
Second format (March 28, 2011-May 11, 2012)
On March 28, 2011, Worldwide Exchange underwent a major overhaul. The first 50 minutes of the program were initially broadcast from Asia and Europe, with the United States leg of the show starting at 50 minutes past the first hour. The three anchors were together for just 20 minutes, from :50 past the first hour to :10 past the second hour. Also, the Asian leg of Worldwide Exchange was no longer featured after :10 past the second hour, to which the show was broadcast only from Europe and the United States from that point forward.
Additionally, during this period, the second hour of Worldwide Exchange was not broadcast on CNBC Asia. Following Lapin's departure from the network, Jackie DeAngelis (who was previously a correspondent in CNBC's Bahrain studios) became the U.S. presenter until May 11, 2012 (see below).
Third format (May 14, 2012-December 31, 2015)
Worldwide Exchange underwent its most recent overhaul on May 14, 2012, with the addition of Kelly Evans as co-anchor. In another major tweak, the show is broadcast entirely from Europe. There are no longer Asian and U.S. anchors, due in part to Tan and DeAngelis' departures from the show, leaving Ross Westgate as the last original anchor. The programme later launched new titles and reduced to a single location with the program now solely presented from London.
Ross Westgate became the sole anchor of Worldwide Exchange on May 7, 2013, after Kelly Evans' departure from CNBC Europe's London headquarters due to her reassignment back to the United States and also, her then-new anchoring duties on Squawk on the Street. On June 6, 2014, Westgate himself left the program, and also CNBC Europe, and was replaced by Julia Chatterley. Newly hired anchor Wilfred Frost (son of David Frost) joined as co-anchor on September 1, 2014 and Seema Mody (formerly of CNBC TV18 and CNBC US) joined the program on September 15 (later to leave during September 2015 when she returned to the US headquarters of CNBC). In June 2015, Carolin Roth (previously CNBC Europe's Zurich correspondent and also, Europe anchor of Capital Connection) joined the program. She replaced Julia Chatterley (who then returned to her previous role as a correspondent) and became a permanent co-anchor. On September 4, 2015, Mody left Worldwide Exchange to rejoin CNBC US and less than a week later, on September 10, Susan Li, who was previously a co-anchor of Asia Squawk Box on sister network CNBC Asia, joined the program in the same capacity.
The last two-hour edition of Worldwide Exchange aired on December 24, 2015 and was reduced in half to one-hour beginning the week of December 28. The final CNBC Europe-produced show from London aired on December 31.
Current format (January 4, 2016-present)
Beginning on January 4, 2016, Worldwide Exchange is now presented from the United States. Sara Eisen (currently co-anchor of CNBC US' Squawk on the Street) joined incumbent anchor Frost as the new anchor team for the new hour-long show, which itself is produced by CNBC US and runs from 5:00 a.m. to 6:00 a.m. ET.
Some of the regular segments on Worldwide Exchange include:
- Global Markets Report: This segment begins with a summary of ongoing trading in the European markets, along the latest from CNBC Europe's reporters, followed by the final closing numbers in the Asian markets from a CNBC Asia reporter, and concluding with a look at the highlights of the U.S. corporate and economic diaries by the U.S. host. Replaced by the "Markets Now" segment in March 2015.
- Markets Now: Frost looks at the European markets, followed by a review of the trading day in Asia by a CNBC Asia reporter.
- Nikkei Business Report: A review of the trading day in Japan and highlights of that day's Japanese corporate and economic diaries.
- India Business Report: A review of the trading day in India and highlights of that day's Indian corporate and economic diaries.
- Market Call: Seen during the second hour with a guest, who picks stocks from around the globe.
- CEO Call: In this segment, all three anchors interview the CEO of a notable company.
- Exchange Central: This segment, which was introduced on March 28, 2011, is when the anchors look at the day's top business stories, as well as a brief look at the day's morning papers. Discontinued after Nicole Lapin left CNBC in August 2011.
- Front & Center: A brief look at the business headlines.
- U.S. Lookahead: A preview of the day's trading in the U.S. stock markets with a guest. Normally the last segment of the program.
Then-program producer CNBC Europe developed a new graphic style for the launch of the show on 2005-12-19, similar to that introduced across CNBC US on the same date. These graphics were initially used only on Worldwide Exchange, before being rolled out to all other CNBC Europe programs on 2006-09-18 and were used through 2008-01-04. The previous lower thirds, which were first used across CNBC US on 2006-12-19, were used on Worldwide Exchange (and all other CNBC Europe programs) from 2008-01-07 to 2009-07-24.
The programme's previous graphics package, which included a new intertitle and a new voiceover introduction (but retaining the lower thirds from 28 July 2009 to 26 February 2010), debuted 14 December 2009. The graphics package for this and all of the other CNBC Europe programmes, including the new lower thirds, debuted 1 March 2010 to 11 May 2012. This new graphic style also debuted on CNBC US that same day.
Started from 14 May 2012, CNBC Europe developed a new graphic style of the show until 6 March 2015.
On 13 October 2014, the CNBC regional tickers on this show switched from a Klavika typeface font to a Gotham typeface font, with the on-screen bug being moved to the lower right of the screen.
Worldwide Exchange launched new titles - including the programme's new logo (which replaced variations of the original that were used since its 19 December 2005 debut) - as well as new theme music (which is the same as CNBC US' Options Action) and a new graphic style based on the US network's version on 9 March 2015. CNBC Europe itself (which originally produced Worldwide Exchange as previously mentioned) debuted the new graphics for this and all of that network's other programmes on the same day.
The graphics were changed slightly on January 4, 2016, when CNBC US took over production, concurrently with the show's relocation. The color changed from green-blue to orange-blue (the same as the original Squawk Box logo).
The respective regional tickers are retained in each of the channels during the broadcast, except for CNBC World, which features the CNBC Europe ticker to show that the programme is produced by the said network. CNBC HD (formerly CNBC HD+) used to show the CNBC Europe ticker until August 8, 2011.
- Wilfred Frost (2014–present)
- Sara Eisen (2016–present)
- Ross Westgate (2005–2014)
- Michelle Caruso-Cabrera (2005–2007), now a chief international correspondent in CNBC U.S.
- Christine Tan (2005–2012), now presents Managing Asia
- Brian Shactman (2007–2009)
- Nicole Lapin (2010–2011)
- Kelly Evans (2012–2013), now emcees Closing Bell on CNBC US
- Seema Mody (2014-2015), rejoined CNBC US in September 2015
- Susan Li (September-December 2015), will join CNBC US in January 2016
- Carolin Roth (June-December 2015), now co-presenter of Street Signs on CNBC Europe
On European bank holidays, CNBC Asia has the option of producing the program instead, as occurred on 26 December 2007, 24 March 2008 and 6 April 2010. Alternatively, the show is simply not aired (as is the case on Christmas Day, New Year's Day and Good Friday). On April 9, 2012, CNBC Asia produced the first hour of Worldwide Exchange, with the second hour produced by CNBC US.
When the US markets were closed for a holiday while the Asian and European markets are open, Worldwide Exchange was originally broadcast live from Asia and Europe (similar to Capital Connection), but was still relayed live on CNBC's US channel albeit without US presenters, as occurred on February 20, 2012. During some Asian holiday periods (such as May 1), no Asian presenters were featured, although it can still be seen in the region. That practice was discontinued as a result of the aforementioned format change on May 14, 2012, the exceptions are for Easter and boxing day, when the London studios are closed for the holiday, correspondents from the US team presenting the program and is produced by CNBC US.
Also in 2012, Worldwide Exchange began being extended for an hour on US market holidays to provide an additional hour of live European market coverage. This extra hour did not air on CNBC US although the third hour was shown on sister US channel CNBC World. As of 2014, the third hour was no longer aired on US market holidays.
As of January 4, 2016, when production of Worldwide Exchange was relocated from the London studios to the network's main US studios in Englewood Cliffs, New Jersey, the program is no longer aired on US market holidays.
- Asia Market Wrap
- CNBC Tonight
- Morning Exchange
- Wake Up Call
- Capital Connection (a CNBC Asia-produced program anchored from Singapore, which follows a similar format)
- "CNBC Unveils New Worldwide Exchange On-Air Team". August 28, 2014. Retrieved September 1, 2014.