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Clearing and settlement news

Eurex volumes up for 2015


07 April 2015 Frankfurt
Reporter: Stephanie Palmer

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Image: Shutterstock
Trading volumes at Eurex Exchange grew by 10 percent in Q1 2015, while March’s figures revealed an increase on last year’s totals in most areas.

In March 2015, the international derivatives exchanges reported an average daily volume of 9.6 million contracts, compared to 9.4 million in March 2014. Of these, 7.3 million were Eurex Exchange contracts, an increase from 7 million in March last year, and 2.3 million were traded on the US-based International Securities Exchange (ISE), reduced slightly from 2.4 million in March last year.

In total, March 2015 saw 159.8 million contracts traded at Eurex Exchange and 50 million at the ISE.

In the equity index derivatives segment, Eurex reached 79.1 million contracts, an increase of 14 percent on March 2014’s total of 69.4 million.

The interest rate derivatives segment increased from 50.4 million in March last year to 51.1 million this year, and the equity derivatives segment reached 27.9 million contracts, an increase from 26 million in March 2014. Of these, 16.9 million were equity options and 11 million were single-stock futures.

Eurex Repo, which operates Euro Repo and GC Pooling markets, recorded an average outstanding volume of €208.8 billion in March 2015, increased from €190.2 billion in March 2014.

The secured money market GC Pooling reached an average outstanding of volume of €169.5, a 13 percent increase from the March 2014 total of €150.1 billion. The Euro Repo market, however, reached an average outstanding volume of €39.3 billion, reduced slightly from €40.1 billion in March last year.

Futures on the EURO STOXX 50 Index reached 35.4 million contracts, while index options reached 25.1 million. Futures on the DAX index reached 3.3 million contracts, and DAX options reached 4.7 million contracts, while the Eurex KOSPI Product processed 2.1 million contracts.

The Euro-Bund-Future reached 17.5 million contracts, and the Euro-Bobl-Future reached 12.2 million and the Euro-Schatz-Future reached 8.2 million.

Year-on-year, the combined trading volume of all three Euro-BTP-Futures doubled, reaching 3.4 million contracts. The two Euro-OAT-Futures reached 2.1 million contracts combined.

The dividend-based segment reached a total of about 676,000 contracts, and the volatility derivatives segment reached about a million contracts.

On the Power Derivatives Market of European Energy Exchange (EEX), the monthly volume on the reached 223.6 terawatt hours (TWh) in March 2015, compared to 132 TWh in March 2014.

A total of 59.8 million tonnes of CO2 was traded on the Spot and Derivatives Market for CO2 Emission allowances, compared to 72 million tonnes in March 2014.
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