Average daily transaction value on the Euronext cash order book stood at EUR7,735 million in October (-5 per cent compared with October 2014), marking a return to a normalised volume environment.
Activity in October 2014 was the highest level since August 2011, boosted at that time by volatile market conditions.
Activity on ETFs remained particularly dynamic during October 2015 with an average daily transaction value at EUR597 million, up 16 per cent compared to the activity peak of October 2014.
The average daily volume on equity index derivatives was down at 201,379 contracts (-39 per cent compared with October 2014), and the average daily volume on individual equity derivatives was down at 233,314 contracts (-20 per cent compared with October 2014). As a reminder the derivatives’ activity of October 2014 was exceptionally high due to volatile market conditions. The open interest on individual equity derivatives increased by 9.3 per cent compared to the previous month thus exceeding 14 million contracts at the end of October 2015.
In October 2015, the average daily volume on commodities derivatives decreased by 14 per cent when compared to October 2014, with an average daily volume of 57,163 contracts. The October price range for milling wheat remained stable and the change of the expiry cycle implemented in September continued to impact volume seasonality on this contract. On 6 October 2015, a new record trading day in the Rapeseed grains Futures contract was established at 21,140 contracts. This record surpasses the previous one of 20,881 lots in October 2013.
In October 2015, Euronext had five new listings (AroundTown Property Holding on Euronext Paris and Intertrust NV on Euronext Amsterdam), of which three EnterNext SMEs (Showroomprivé, Technofirst and KKO International) that altogether raised EUR719 million. In addition, during October 2015, EUR2.8 billion was raised in corporate bonds and EUR2.8 billion of follow-on equity.
ment of Applied Mathematics and Theoretical Physics, says: “Many institutions currently working in this space focus their efforts on incremental advances on what is now a well-established discipline of financial mathematics. At Cambridge, we are looking to build on the world-leading expertise available to us to develop a broader and more enduring approach, reflecting the very latest insights into the mathematics of information. We are naturally delighted that Cantab has provided us with such a substantial donation, enabling us to turn this vision into a reality.”
