The international derivatives markets of Eurex Group ended 2013 with a turnover of approximately 2.2 billion contracts, down from 2.3 billion contracts in 2012.
The total volume for 2013 splits into 1.6 billion contracts traded at Eurex Exchange (2012: 1.7 billion) and 639 million contracts traded at the International Securities Exchange (ISE) (2012: 632 million).
This corresponds to a daily average trading volume of 8.6 million contracts, thereof 6.1 million contracts at Eurex Exchange and 2.5 million contracts at ISE.
At Eurex Exchange, the equity index derivatives segment was the largest in 2013 with a total yearly volume of 644.8 million contracts (2012: 765.6 million). Derivatives on the EURO STOXX 50 index were the largest single product with 268.5 million futures and 225.1 million options. The equity derivatives segment (options and single stock futures) saw 382.2 million contracts (2012: 411.0 million). In 2013, the interest rate derivatives segment reached a total of 509.6 million contracts (2012: 470.4 million).
Higher yearly volumes were recorded in the dividend and volatility derivatives segments: dividend derivatives grew slightly and totalled 7.1 million contracts (2012: 6.9 million). Volatility derivatives totalled 7.3 million contracts, an increase of 38 per cent.
In December 2013, the Eurex Group derivatives markets reached an average daily volume of 8.6 million contracts with 6.2 million contracts traded at Eurex Exchange (Dec 2012: 5.5 million) and 2.4 million contracts traded at the ISE (Dec 2012: 2.4 million).
At Eurex Exchange, equity index derivatives recorded the highest turnover among all product segments with 53.1 million contracts (Dec 2012: 47.9 million). The top equity index derivative was the future on the EURO STOXX 50 index with 23.3 million contracts, and 17.7 million options on this index were also traded.
A total of 22.1 million contracts were traded in the equity derivatives segment, compared with 23.6 million in Dec 2012. Within this segment, equity options traded 11.1 million contracts and single stock futures another 11.0 million contracts. A yearly total of 35.1 million contracts were traded in the interest rate derivatives segment in December, compared with 31.5 million in the same period last year.
The Eurex segment dividend-based derivatives totalled approximately 348,000 contracts. Commodity derivatives reached around 67,000 contracts. Volatility derivatives achieved about 561,000 contracts.
The volume traded on the Power Derivatives Market of European Energy Exchange (EEX) amounted to 103.3 terawatt hours (TWh) in December 2013 (December 2012: 85.1 TWh). Furthermore, a volume of 80,000 Guarantees of Origin has been traded on the EEX Derivatives Market. On the EEX Spot and Derivatives Market for natural gas the volume traded amounted to 11.4 TWh (December 2012: 6.9 TWh). In December, a volume of 52.2 million tonnes of CO2 was traded on the Spot and Derivatives Market for CO2 Emission Allowances compared with 42.2 million tonnes of CO2 in December 2012.
Eurex Repo, which operates Swiss Franc, Euro Repo and GC Pooling markets, reached an average outstanding volume of EUR222.6bn across all repo markets in 2013 (2012: EUR234.7bn). The secured money market GC Pooling hit a new record with an average outstanding volume of EUR153.8bn, an increase of six per cent y-o-y; the Euro Repo market totalled at the new peak of EUR36.5bn. The Swiss Franc market totalled EUR32.3bn.
In December 2013, the combined volume was almost unchanged y-o-y with EUR228.5bn. The GC Pooling market reached EUR154.7bn (an increase of two per cent y-o-y); and the Euro Repo market recorded an average outstanding volume of EUR42.4bn, an increase of seven per cent.