Eurex reports 25% daily volume rise in 2007

The international derivatives exchange Eurex closed out 2007 with record turnover of more than 1.9 billion contracts (2006: 1.5 billion contracts).

  0 Be the first to comment

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

Eurex grew by approximately 25 percent year-on-year. This corresponds to a daily average trading volume of 7.5 million contracts compared with 6 million in 2006.

In 2007, the fixed income derivatives segment reached a total of 771 million contracts (2006: 731 million). The Euro-Bund future remains the highest-turnover product with some 338 million contracts (2006: 320 million). The segment equity index derivatives saw in 2007 the highest growth rate with about 55 percent, reaching 754 million contracts, compared with 487 million contracts in 2006. The future on the DJ Euro STOXX 50 is the strongest in this segment with 327 million contracts traded (plus 53 percent). The equity derivatives segment (options and single stock futures) saw over 374 million contracts, an increase of about 22 percent (2006: 308 million). Single stock futures showed the strongest growth totaling 52.4 million contracts in 2007 after 35.6 million contracts in 2006.

In December 2007, 118 million contracts were traded, up by 12 percent y-o-y, when the number of contracts traded totaled 106 million. Equity index derivatives recorded the highest turnover among all product segments in December with 55 million traded contracts (Dec 2006: 40.4 million). The top equity index derivative was the future on the DJ Euro STOXX 50 index with 25.6 million contracts, a 38 percent increase as against December 2006. 19.7 million contracts were traded in equity derivatives (options and single stock futures), compared with 15.9 million a year ago. A total of 43.5 million contracts were traded in the fixed-income derivatives segment in December 2007. This included 18 million contracts on the Euro-Bund Future, 10.8 million contracts on the Euro-Bobl Future and 10.6 million contracts contributed by the Euro-Schatz Future.

In December 2007, Eurex Repo, which operates CHF- and EUR repo markets, set in its money market segment Euro GC Pooling new records. On 7 December, daily outstanding volume was €31.7 billion. Average outstanding volume reached in December €22.8 billion, a plus of 156 percent y-o-y (Dec 2006:
€8.9 billion). All Eurex Repo markets set a new record with an average outstanding volume of €98.7 billion, an increase of 25 percent.

Sponsored [Upcoming Webinar] Next Gen Payment Processing: How banks can embrace the future

Comments: (0)

New Report – The Future of AI in Financial Services 2025Finextra PromotedNew Report – The Future of AI in Financial Services 2025