Global Derivatives ADV Up 25% Y-o-Y Driven by Strong Fixed Income Trading, Up 71%
European Cash Equity ADV Up 13% M-o-M; U.S. Cash Equity ADV Up 1% M-o-M
U.S. Equity Options ADV Up 6% Y-o-Y
March 7, 2013– NYSE Euronext (NYX) today announced trading volumes for its global derivatives and cash equities exchanges for February 2013[1]. Global derivatives average daily volume (“ADV”) of 8.8 million contracts in February 2013 increased 24.7% compared to February 2012, but decreased 7.6% month-over-month. This increase was primarily driven by stronger European derivatives volume, specifically fixed income derivatives ADV which increased 71% year-over-year. U.S. equity options ADV increased 5.7% compared to February 2012, but decreased 9.8% from January 2013 levels. Trading volumes in European cash equities were down 9.8% year-over-year, but rebounded up 12.8% month-over-month.
Highlights
- NYSE Euronext global derivatives ADV in February 2013 of 8.8 million contracts increased 24.7% compared to February 2012, but decreased 7.6% from January 2013 levels.
- NYSE Euronext European derivatives products ADV in February 2013 of 4.4 million contracts increased 54.4% compared to February 2012, but decreased 10.0% from January 2013 levels. Excluding Bclear, NYSE Liffe's trade administration and clearing service for OTC products, European derivatives products ADV increased 45.7% compared to February 2012, but decreased by 5.2% from January 2013.
- NYSE Euronext U.S. equity options (NYSE Arca and NYSE Amex) ADV of 4.3 million contracts in February 2013 increased 5.7% compared to February 2012 levels but decreased by 5.2% from January 2013 levels. NYSE Euronext’s U.S. options exchanges accounted for 28.2% of total U.S. consolidated equity options trading in February 2013.
- NYSE Euronext European cash products ADV of 1.5 million transactions in February 2013 decreased 9.8% compared to February 2012, but increased 12.8% compared to January 2013.
- NYSE Euronext U.S. cash products (NYSE, NYSE Arca and NYSE MKT) handled ADV of 1.6 billion shares in February 2013 decreased 11.9% compared to February 2012 but increased 0.6% compared to January 2013. NYSE Euronext’s Tape A matched market share in February 2013 was 29.4%, down from 30.0% in February 2012 and down from 29.7% in January 2013.
Go to Monthly Transaction Activity Data Table.
[1] All NYSE Euronext derivatives transactions count buy and sell orders together as a single transaction. NYSE Euronext European equities transactions count each buy and sell order as separate transactions, NYSE Euronext U.S. equities transactions count buy and sell orders together as a single transaction.