NYSE Euronext’s global derivatives average daily volume (ADV) was 9.2 million contracts traded per day in March 2011, an increase of 11.9% versus the prior year.
The increase in global derivatives ADV versus prior year levels was driven by a 22.8% increase in US equity options ADV and a 3.2% increase in European Derivatives ADV. Cash equities ADV in March 2011 was mixed, with European cash ADV increasing 44.0% and U.S. cash trading volumes decreasing 2.1% from March 2010 levels.
Euronext European derivatives products ADV in March 2011 was 4.8 million contracts, an increase of 3.2% compared to March 2010 and+ 8.0% from February 2011 levels. Excluding Bclear, NYSE Liffe’s trade administration and clearing service for OTC products, European derivatives products ADV increased 3.9% compared to March 2010, but decreased 0.9% from February 2011.
Total European fixed income products ADV in March 2011 of 2.7 million contracts increased 1.6% compared to March 2010, but decreased 5.0% from February 2011. Total equity products ADV of 2.0 million contracts in March 2011 increased 2.9% compared to March 2010 and increased 31.6% from February 2011. while total commodities products ADV of 101,000 contracts in March 2011 increased 95.5% compared to March 2010 and increased 16.6% from February 2011.
NYSE Euronext US equity options (NYSE Arca and NYSE Amex) ADV of 4.4 million contracts in March 2011 increased 22.8% compared to March 2010 levels, but decreased 3.4% from February 2011. US options exchanges accounted for 26.0% of total US consolidated equity options trading in March 2011, up from 25.3% in March 2010 and up from 25.9% recorded in February 2011.
NYSE Liffe US, the US futures exchange of NYSE Euronext, launched Eurodollar and US Treasury futures on March 21 and March 28, respectively, and approximately 480,000 contracts were executed during the first nine trading days in March. A wide range of clients are now trading over the platform and open interest continues to grow. The pipeline of new trading clients is strong, with several new clients expected to begin trading in the coming weeks.
NYSE Euronext European cash products ADV of 1.9 million transactions in March 2011 increased 44.0% compared to March 2010 and increased 5.1% from February 2011 levels.
NYSE Euronext US cash products (NYSE, NYSE Arca and NYSE Amex) handled ADV of 2.3 billion shares in March 2011 decreased 2.1% compared to March 2010, but increased 2.7% compared to February 2011. NYSE Euronext’s Tape A matched market share in March 2011 was 35.1%, up from 33.6% in March 2010 and up from 34.5% in February 2011.
