A total of some 156 million contracts were traded on the Eurex international derivatives exchange in September, a year-on-year increase of more than 16 per cent from 134 million contracts in the same month of 2006.
The average daily number of contracts traded in September was 7.8 million. In the first nine months of this year, Eurex achieved trading volumes of approximately 1.5 billion contracts, around 25 per cent higher than in the same period the previous year.
The equity index derivatives segment saw volume increase by 61 per cent, from 43.4 million contracts in September 2006 to 70 million. The product with the highest turnover was the future with 34 million contracts, up from in 21 million September 2006. Trading volume for the Euro Stoxx 50 Index option increased even more strongly, achieving its third highest monthly level with 20.6 million contracts.
The equity derivatives segment (equity options and single stock futures) saw 24.1 million contracts traded, compared with 20.7 million in September 2006. Growth drivers were predominantly single stock futures, which rose by 30 per cent compared with August 2007 and by no less 273 per cent since the previous September.
Fixed income derivatives volume was some 62 million contracts, down from 69.6 million in September 2006. The Euro Bund Future accounted for about 27 million contracts, with 14.1 million contracts traded on the Euro Bobl Future and 15.3 million on the Euro Schatz Future. The Euro Buxl Future increased by 20 per cent year-on-year to 188,000 contracts.
Eurex Repo, which operates Swiss franc and euro repo markets, set a new daily record in its money market segment (Euro GC Pooling) with outstanding volume of EUR23.5bn on September 25. Outstanding volume throughout September averaged EUR14.7bn, compared with EUR13.5bn a year earlier. All Eurex repo markets averaged an outstanding volume of EUR91bn for the month, slightly less than the EUR91.3bn average in September 2006.
About EUR11.3bn (single counting) was traded in September on the Eurex Bonds electronic trading platform, which rounds out Eurex's range of fixed income product range, compared with EUR13.3bn in September 2006. Trading volume in August was EUR13.6bn.