In January 2012, the international derivatives exchanges of Eurex Group recorded an average daily volume of 8.2 million contracts (Jan 2011: 10.4 million).
Of those, 5.5 million were Eurex Exchange contracts (Jan 2011: 7.1 million), and 2.7 million contracts were at the US-based International Securities Exchange (ISE) (Jan 2011: 3.3 million). In total, 174.1 million contracts were traded, thereof 120.3 million at Eurex and 53.8 million at the ISE.
Eurex Exchange grew slightly in its equity index segment, the largest product segment, to 59.8 million contracts compared with 59.2 million contracts in January 2011. Futures on the EURO STOXX 50® Index stood at 21.1 million contracts while 24.9 million options were traded on this index. Futures on the DAX totalled 3.0 million contracts while the DAX options reached another 4.7 million contracts. The Eurex KOSPI product reached 3.0 million contracts, compared to 176,000 contracts in January 2011.
The equity derivatives (equity options and single stock futures) segment at Eurex Exchange reached 26.3 million contracts (January 2011: 40.9 million). Thereof, equity options totalled 20.8 million contracts and single stock futures equaled 5.5 million contracts. Equity derivatives volume y-o-y is influenced by the change of contract specifications: In the first quarter of 2011, Eurex Exchange increased the contract size of most equity options and single stock futures to match international standards, with the effect of potentially lower turnover in these products. The adjusted monthly volume figure in the equity derivatives segment in January 2012 would have been approximately 31 million contracts under the previous, old contract specifications.
The interest rate derivatives segment achieved 33.3 million contracts (Jan 2011: 47.9 million). The Euro-Bund-Future reached 12.8 million contracts in January, the Euro-Bobl-Future 7.0 million contracts and the Euro-Schatz-Future 7.3 million contracts. The Euro BTP future totalled more than 222,000 contracts.
The Eurex segment dividend-based derivatives totalled approximately 571,000 contracts; single stock dividend derivatives peaked at a new monthly record of around 193,000 contracts. Commodity derivatives reached around 92,000 contracts. Volatility derivatives achieved about 270,000 contracts.
Eurex Repo, which operates Swiss Franc, Euro Repo and GC Pooling markets, recorded 238.2 billion euros average outstanding volume in all repo markets (January 2011: 268.0 billion euros). The Euro Repo Market totalled an average outstanding volume of 156.5 billion euros in November, an increase of 37 percent y-o-y. The secured money market GC Pooling recorded an average outstanding volume of 121.4 billion euros, an increase of 37 percent y-o-y (January 2011: 88.8 billion euros). The Swiss Franc Repo market reached 81.7 billion euros.
The electronic trading platform Eurex Bonds, which rounds out Eurex’s fixed-income product range, traded 12.0 billion euros (single counting) in January 2012 (Jan 2011: 14.6 billion euros). January volume is 44 percent higher than in the previous month December 2011.
The volume traded on the Power Derivatives Market of European Energy Exchange (EEX) amounted to 105.2 tera watt hours (TWh) in January 2012 (January 2011: 94.5 TWh). On the EEX Spot and Derivatives Market for natural gas, the volume traded amounted to 7.0 TWh (January 2011: 2.3 TWh). In January, a volume of 7.4 million tons of CO2 was traded on the Spot and Derivatives Market for CO2 Emission Allowances compared with 14.0 million tons of CO2 in January 2011.