International derivatives exchange Eurex saw a 22 per cent year-on-year increase in turnover volume to 185 million contracts last month, up from 151 million contracts in April 2007.
International derivatives exchange Eurex saw a 22 per cent year-on-year increase in turnover volume to 185 million contracts last month, up from 151 million contracts in April 2007. Daily average turnover stood at 8.4 million contracts compared with 8 million a year earlier, while open interest rose 13 per cent from the end of March to 141 million contracts.
Equity derivatives saw the highest turnover and a new monthly record of 67.6 million contracts, an increase of 28 per cent over the former record of 53 million set in April last year. Single stock futures enjoyed a 192 per cent rise from the same month of 2007 to 32 million contracts, including 2.4 million contracts for Münchener Rück alone.
Equity index derivatives rose by 33 per cent year-on-year to 65 million contracts. Futures and options on the Dow Jones Euro Stoxx 50 had the highest volume with 24.4 million future contracts, up 32 per cent from April 2007, and 26.9 million option contracts (up 53 per cent).
Some 52 million contracts were traded in the fixed income derivatives segment, compared with 49 million a year earlier. Around 21.4 million contracts were traded in the Euro-Bund-Future and 13.3 million in the Euro-Schatz Future, a rise of 34 per cent from 10 million in April 2007.
The International Securities Exchange, which became part of Eurex at the end of last year, saw a daily average volume of 4 million contracts, compared with 2.7 million in April 2007, and total volume rose 62 per cent to 89 million options from 54.6 million a year earlier.
Eurex Repo, which operates Swiss franc and euro repo markets, set several new records in April. The combined Eurex repo markets had an average outstanding volume of EUR126.4bn, up 38 per cent from April 2007, while the euro repo market recorded a new record of EUR67.2bn, a gain of 39 per cent. Its secured money market segment Euro GC Pooling rose by 212 per cent with daily outstanding volume of EUR34.3bn.
The electronic trading platform Eurex Bonds saw a volume of EUR7.4bn in April, down from EUR9.2bn a year earlier.
