The Eurex international derivatives markets saw an average daily volume of 10.7 million contracts traded in February, down from 11.9 million contracts a year earlier.
The Eurex international derivatives markets saw an average daily volume of 10.7 million contracts traded in February, down from 11.9 million contracts a year earlier.
Of these, 6.9 million contracts were traded on Eurex and 3.8 million contracts on the International Securities Exchange. In total, 209.7 million contracts were traded on the two exchanges.
At Eurex, equity index derivatives were the segment with the highest turnover, with a total of 66.5 million traded contracts, compared to 76.0 million contracts year-on-year.
The segment of equity-based derivatives (equity options and single stock futures) increased 15 per cent to 34.8 million contracts, compared to 30.3 million last year. Scandinavian and French equity options exhibited above-average gains.
Single stock futures rose significantly to 8.2 million contracts compared to 3.6 million contracts year-on-year. Futures on dividends of the DJ Euro Stoxx 50 index – launched in summer 2008 – again achieved a monthly record with around 220,000 contracts, an increase of 310 per cent compared with January.
Eurex’s fixed-income-derivatives segment grew slightly in comparison to the previous month (Jan 2009: 34.0 million) and achieved 35.7 million contracts in February 2009. In February 2008, volume was at 72.3 million contracts.
US options traded at ISE reached a monthly volume of 72.5 million contracts compared with 73.3 million contracts in the same year-ago period.
In February 2009, Eurex Repo, which operates Swiss franc and euro repo markets, reported continued growth in all markets. Its secured money market segment GC Pooling set a new daily record on 13 February with daily outstanding volume of EUR67.7bn.
Average outstanding volume reached in February was EUR63.2bn, an increase of 70 per cent year-on-year (February 2008: EUR37.4bn). All Eurex Repo markets achieved an average outstanding volume of EUR144.4bn, an increase of 27 per cent year-on-year.
The electronic trading platform Eurex Bonds, which rounds out Eurex’s fixed-income product range, traded EUR4.6bn (single counting) in February 2009 compared to EUR8.4bn in February 2008. In January 2009 volume was EUR7.1bn.
