NYSE

NYSE Euronext global derivatives trading volumes down in July

NYSE Euronext European derivatives products average daily volume (ADV) in July 2012 totalled 3.5 million contracts, a decrease of 6.8 per cent compared to July 2011 and a decrease of 24.7 per cent from June 2012 levels.

The 3.5 million in European derivatives futures and options contracts ADV in July 2012 consisted of 2.7 million contracts executed through NYSE Euronext’s full-service Liffe Connect trading platform and 0.8 million contracts, or 23.8 per cent, executed through Bclear, NYSE Liffe's trade administration and clearing service for OTC products. 

Excluding Bclear, NYSE Liffe's trade administration and clearing service for OTC products, European derivatives products ADV decreased 9.9 per cent compared to July 2011 and decreased 8.5 per cent compared to June 2012.

Year-to-date, European derivatives products ADV of 3.9 million contracts was 18.3 per cent below prior year levels. The 3.9 million in futures and options contracts ADV year-to-date consisted of 2.8 million contracts executed through Liffe Connect trading platform and 1.1 million contracts, or 29.3 per cent, executed through Bclear.

Total fixed income products ADV of 1.8 million contracts in July 2012 decreased 4.2 per cent from July 2011 and decreased 6.4 per cent from June 2012. Year-to-date, total fixed income products ADV of 1.9 million contracts was 21.1 per cent below prior year levels.

Total equity products (including Bclear) ADV of 1.5 million contracts in July 2012 decreased 12.1 per cent compared to July 2011 and decreased 40.6 per cent from June 2012. The 1.5 million contracts in equity products ADV in July 2012 consisted of 1.1 million contracts in individual equity products ADV and 0.4 million contracts in equity index products ADV.  The 1.1 million contracts in individual equity products ADV consisted of 0.7 million in futures contracts, which represented a 4.0 per cent increase compared to July 2011 and 0.4 million in options contracts, which represented a 21.5 per cent decrease compared to July 2011.  The average net rate per contract for individual equity futures contracts is significantly lower than other European derivatives products.  Year-to-date, total equity products ADV of 2.0 million contracts was 16.3 per cent below prior year levels.

Total commodities products ADV of approximately 119,000 contracts in July 2012 increased 52.2 per cent compared to July 2011 and increased 45.5 per cent compared to June 2012.  Year-to-date, total commodities product ADV of 86,000 contracts was 0.7 per cent above prior year levels.  

NYSE Euronext US equity options ADV of 3.5 million contracts in July 2012 decreased 15.8 per cent compared to July 2011 and decreased 3.8 per cent compared to June 2012.  Year-to-date, US equity options ADV of 3.9 million contracts was 6.5 per cent below prior year levels. 

Total US consolidated equity options ADV decreased 16.1 per cent to 13.5 million contracts in July 2012 compared to July 2011 and decreased 5.1 per cent compared to June 2012.  Year-to-date, US consolidated equity options ADV of 15.1 million contracts was 8.2 per cent below prior year levels.  

NYSE Euronext’s US options exchanges accounted for 25.9 per cent of total US consolidated equity options trading in July 2012, up from 25.8 per cent in July 2011 and up from 25.6 per cent in June 2012.

NYSE Liffe US ADV of approximately 53,400 contracts decreased from 101,300 contracts in July 2011 and decreased from 90,900 contracts in June 2012.  Year-to-date, US futures and futures options ADV of 80,200 contracts was 26.4 per cent above prior year levels.
 

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