The average daily trading volume of NYSE Euronext’s European derivatives products in April 2009 was 4.5 million futures and options contracts, an increase of 0.9 per cent from April 200
The average daily trading volume of NYSE Euronext’s European derivatives products in April 2009 was 4.5 million futures and options contracts, an increase of 0.9 per cent from April 2008.
The figure is up 9.8 per cent from the 4.1 million contracts recorded in March 2009.
April represented the highest level of derivatives trading volumes since September 2008.
Year-to-date, ADV of 3.9 million contracts was 12.7 per cent below prior year levels.
Total interest rate products ADV decreased 24.4 per cent to 1.9 million contracts from 2.5 million contracts in April 2008 and decreased 11.0 per cent from March 2009. Year-to-date, interest rate products ADV has decreased 27.1 per cent compared to the prior year period.
Total equity products (including Bclear) ADV increased 33.3 per cent to 2.5 million contracts from April 2008 and increased 32.3 per cent compared to March 2009. Total equity products ADV in April executed through our full-service Connect trading platform was 999 thousand contracts, up 2.9 per cent from April 2008, but down 11.5 per cent from March 2009.
NYSE Euronext says the increase in total equity products ADV was driven in large part by a 40.9 per cent increase in individual equity products compared to April 2008 and a 67.7 per cent increase compared to March 2009. The increase in individual equity products was driven by an increase in single-stock futures trading.
Bclear, NYSE Liffe’s trade administration and clearing service for OTC products, processed 1.6 million contracts per day, an increase of 64.7 per cent, compared to April 2008 and an increase of 94.5 per cent compared to March 2009. Year-to-date, Bclear has processed an average of 904 thousand contracts per day, and increase of 41.6 per cent compared to the prior year period.
NYSE Euronext’s US equity options (NYSE Arca and NYSE Amex) ADV in April 2009 increased 73.6 per cent to 2.5 million contracts compared to April 2008. Total US consolidated options ADV during the same period increased 22.6 per cent to 14.5 million contracts. NYSE Euronext US equity options volume in April represented a 3.3 per cent decline versus March 2009.
Year-to-date, US equity options volume of 2.3 million contracts was 28.9 per cent above the prior year period. NYSE Euronext’s US options exchanges accounted for 17.0 per cent of the total consolidated equity options trading in April 2009, up from 12.0 per cent in April 2008, but down from the 17.4 per cent recorded in March 2009.