Combined total monthly trading volume rose by 42 percent y-o-y/ Eurex: new monthly turnover record with 256.5 million contracts
At the international derivatives markets of Eurex, an average daily volume of 16.2 million contracts was traded in May (May 2009: 11.8 million). Thereof, 12.2 million contracts (May 2009: 7.4 million) were traded at Eurex; another 4.0 million contracts (May 2009: 4.4 million) were traded at the International Securities Exchange (ISE). The strong increase of Eurex turnover of 65 percent y-o-y is due to the increasing use of exchange-traded and centrally cleared derivatives in the current market environment, which was driven by high volatility and uncertainty as well as the dividend season. In total, 335.7 million contracts were traded on both exchanges compared with 237 million contracts in May 2009, which is an increase of 42 percent. Eurex saw a new monthly turnover peak of 256.5 million contracts; the previous record was from September 2008 with 229 million contracts. On 6 May a new daily turnover record was achieved with 25 million contracts.
At Eurex, the equity index derivatives segment totaled 101.4 million contracts (May 2009: 56.2 million). The future on the Euro STOXX 50 was once again the most successful product with 47.7 million contracts; the Euro STOXX 50 option achieved another 38.0 million contracts. Both the DAX future and DAX option reached turnover with 4.9 million contracts and 8.2 million contracts. Dividend derivatives traded more than 543,000 contracts, while the volatility derivatives recorded almost 218,000 contracts for both VSTOXX futures and options.
The Eurex segment of equity-based derivatives (equity options and single stock futures) was the most successful segment with 101.9 million contracts (May 2009: 57.7 million), setting a new monthly record. Thereof, equity options totaled at 29.75 million contracts (May 2009: 26.5 million). The dividend season led to a strong increase of incentivized block trades of single stock futures, which totaled 72.15 million contracts (May 2009: 31.1 million) – a new monthly record.
Eurex’s interest rate derivatives segment grew by 52 percent y-o-y with 52.4 million contracts (May 2009: 34.4 million). Approximately 21.5 million contracts were traded in the Euro-Bund-Future, 13.3 million contracts in the Euro-Schatz Future, 12.0 million contracts in the Euro-Bobl-Future and almost 128.000 contracts in the Euro-BTP-Future.
Eurex Repo, which operates CHF- and EUR repo markets, recorded for both repo markets an average outstanding volume of 184.6 billion euros (May 2009: 198.7 billion euros). The secured money market segment GC Pooling set a new monthly record with an average outstanding volume of 95.1 billion euros (May 2009: 75.9 billion euros). Thus, the EUR repo market totaled at the new peak of 119.6 billion euros (May 2009: 105.5 billion euros).
The electronic trading platform Eurex Bonds, which rounds out Eurex’s fixed-income product range, saw a volume of 8.8 billion euros (single counting) in May, or a y-o-y rise of 41 percent. In May 2009, the figure was 6.2 billion euros, and in April 2010 volume was 11.6 billion euros.
Eurex Monthly Statistic May 2010
