Trading volume last month at international derivatives exchange Eurex totalled 197.7 million contracts, compared with 196.3 million a year earlier and 194.6 in May.
Trading volume last month at international derivatives exchange Eurex totalled 197.7 million contracts, compared with 196.3 million a year earlier and 194.6 in May. Average daily trading volume at Eurex was 9.4 million contracts in June, compared with 9.1 million for the first six months of 2008. At 1,146 million contracts, total trading volumes on Eurex for the first six months of 2008 were up 18 per cent from 970.6 million in the same period last year.
The strongest segment, equity index derivatives, accounted for 86.1 million contracts, up 14 per cent from 75.6 million in June 2007. The exchange’s most heavily traded product, the future on the Dow Jones Euro Stoxx 50, grew slightly to 38 million contracts from 35.7 million a year earlier.
Options on the Dow Jones Euro Stoxx 50 totalled 31 million contracts, their third best ever month and up from 19.4 million in June 2007. Equity derivatives volumes climbed by more than 50 per cent from 30.6 million to 46.4 million contracts, comprising 30.6 million contracts in equity options and 15.8 million in single stock futures.
The interest rate derivatives segment totalled 65.1 million contracts, down sharply from 90.1 million in June 2007. The Euro-Bund Future accounted for 25.1 million contracts, the Euro-Bobl Future 14.7 million and the Euro-Schatz Future 19.4 million.
At the International Securities Exchange, a subsidiary of Eurex since the end of last year, the average daily trading volume in US options was 3.9 million contracts, up 30 per cent from 3 million a year earlier. Total trading volume increased by 30 per cent from 62.6 million to 81.4 million options contracts.
Eurex Repo, which operates Swiss franc and euro repo markets, set new records in all segments in June 2008, with average outstanding volume rising from EUR93.9bn in June 2007 to EUR134.3bn. The secured money market segment, Euro GC Pooling, enjoyed the strongest growth with average outstanding volume rising by 260 per cent from EUR11.1bn to EUR39.9bn.
The electronic trading platform Eurex Bonds saw trading volume of EUR8.7bn (single counting) in June, a rise of 23 per cent from EUR7.1bn the previous month but barely half the June 2007 volume of EUR17bn.
