GC Pooling market segment continues to grow
At the international derivatives markets of Eurex, an average daily volume of 9.5 million contracts were traded in July (July 2008: 12.4 million). Thereof, 5.4 million contracts were traded at Eurex (July 2008: 7.8 million) and 4.1 million contracts were traded at the International Securities Exchange (ISE) (July 2008: 4.6 million). In July, a total of 214.6 million contracts were traded on both exchanges, thereof Eurex with 124.0 million and ISE with 90.6 million, compared with 179.5 million contracts at Eurex and 101.8 million at ISE in July 2008.
At Eurex, the equity index derivatives segment totaled 65.0 million contracts, compared with 71.1 million in June 2009 and 89.3 million in July 2008. Futures on the Dow Jones EURO STOXX 50® Index reached 23.5 million contracts; the options recorded 27.1 million contracts. The option on DAX® reached its best monthly volume in 2009 with 9.8 million contracts. Futures on the dividends of the Dow Jones EURO STOXX 50, which were introduced one year ago, grew further and totaled roughly 252,000 contracts.
The segment of equity-based derivatives (equity options and single stock futures) reached 24.7 million contracts (June 2009: 30.2 million, July 2008: 46.4 million). Thereof, equity options totaled 21.7 million contracts and single stock futures recorded 3.0 million contracts.
Around 34.0 million contracts were traded in the interest rate derivatives segment compared with 45.0 million in June 2009 and 52.8 million in July 2008. Approximately 14.0 million contracts were traded in the Euro-Bund-Future, 8.7 million contracts in the Euro-Schatz Future and 7.3 million contracts in the Euro-Bobl-Future.
Eurex Repo, which operates CHF- and EUR repo markets, continued to grow y-o-y. All outstanding volumes gained 12 percent in July and totaled an average outstanding volume of €154.6 billion (July 2008: €138.1 billion). Driver of growth was again the secured money market segment GC Pooling with a growth rate of +86 percent y-o-y, average outstanding volume reached €76.1 billion (July 2008: €40.9 billion). The whole EUR Repo segment grew by 46 percent and totaled at €106.3 billion.
The electronic trading platform Eurex Bonds, which rounds out Eurex’s fixed-income product range, saw a volume of €8.1 billion (single counting) in July. In June 2009, the figure was €12.1 billion and €10.7 billion in July 2008.
