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Euronext Announces Volumes for March 2018

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Euronext Announces Volumes for March 2018

Regulatory News:

Euronext (Paris:ENX) (Amsterdam:ENX) (Brussels:ENX), the leading pan-European exchange in the Eurozone, today announced trading volumes for March 2018.

Cash trading

In March 2018, the average daily transaction value on the Euronext cash order book stood at €8,671 million, up +17.3% compared to March 2017 and down –5.1% from the previous month. On 16 March 2018, Euronext daily volume reached a new record for the year, at €19,684 million, representing the second most active day since 2010.

For the first three months of 2018, the average daily transaction value on the Euronext cash order book stood at €8,507 million, up +21.9% compared to the same period last year.

The average daily transaction value on the ETF order book1 was €307 million, up +15.2% compared to March 2017 and down –26.7% from the previous month. At the end of March 2018, 796 ETFS were listed on Euronext compared to 804 at the end of December 2017.

Derivatives trading

In March 2018, the overall average daily volume on derivatives reached 587,528 contracts, up +9.1% compared to March 2017 and down –8.0% compared to the previous month. In detail,

  • the average daily volume on equity index derivatives reached 251,840 contracts, up +10.7% compared to March 2017 and down –6.4% from the previous month,
  • the average daily volume on individual equity derivatives reached 288,562 contracts, up +12.8% compared to March 2017 and down –8.5% from the previous month,
  • the average daily volume on commodities derivatives reached 47,126 contracts, down –14.7% compared to March 2017 and down –13.6% from the previous month.

For the first three months of 2018, the overall average daily volume on Euronext derivatives stood at 594,647 contracts (+14.8% compared to the end of March 2017) and the open interest was up at 17,512,067 contracts (+20.2% compared to the end of March 2017).

FX spot trading

The average daily volume on the spot foreign exchange market of FastMatch, of which Euronext owns 90% of the capital since August 2017, stood at $18,773 million, down –2.1% compared to March 2017 and down –11.1% from the previous month. For the first three months of 2018, the average daily volume of FastMatch stood at $20,192 million, up +14.3% compared to the same period last year.

Listings

In March 2018, €836 million was raised on new listings. Euronext welcomed the listing of two Dutch large caps (B&S Group and NIBC Holding) and three SMEs, including UK-based life science company, Acacia Pharma, and Italian company Media Lab, bringing to four the number of SME listings since the beginning of the year and strengthening our EU Tech Hub franchise. In addition, €13.1 billion was raised on Euronext in corporate bonds, of which €8.0 billion was raised through six instruments issued by Sanofi. €5.1 billion was also raised in follow-on equity.

About Euronext

Euronext is the leading pan-European exchange in the Eurozone, spanning Belgium, France, Ireland, The Netherlands, Portugal and the UK. Euronext has more than 1,300 listed issuers worth €3.8 trillion in market capitalisation as of end February 2018, an unmatched blue chip franchise consisting of 24 issuers in the Morningstar® Eurozone 50 Index℠ and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets. Its total product offering includes Equities, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, Euronext also operates Euronext GrowthTM and Euronext AccessTM. For the latest news, find us on Twitter (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).

Disclaimer

This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.

This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.

© 2018, Euronext N.V. - All rights reserved.

___________________

* Volumes including Euronext Dublin will be presented in the April 2018 volumes press release to be published in May, following the closing of the acquisition on 27 March 2018.
1 From January 2018, volumes on ETFs are only measured on order book activity due to low revenue impact of off-book activity. Based on the previous presentation, activity is €386 million, down 24.5% compared to March 2017.

European Cash Market Monthly Activity                                        
                                             
    Mar-18   Feb-18       Mar-17       Q1 2018   Q1 2017     YTD 2018   YTD 2017  
Nb trading days   21   20       23       63   65       63   65    
                                             
NUMBER OF TRANSACTIONS (Buy and sells) (reported trades included)                        
    Mar-18   Feb-18   Change %

MOM

   Mar-17   Change % YOY   Q1 2018   Q1 2017   Change %   YTD 2018   YTD 2017   Change %

YTD
                                             
                                             
Total Cash Market 1   41 113 780   44 910 438   -8,5%   42 143 502   -2,4%   127 728 216   113 730 560   12,3%   127 728 216   113 730 560   12,3%
                                             
ADV Cash Market 1   1 957 799   2 245 522   -12,8%   1 832 326   6,8%   2 027 432   1 749 701   15,9%   2 027 432   1 749 701   15,9%
                                             
                                             
TRANSACTION VALUE ( € million - Single counted)                                    
Eur million   Mar-18   Feb-18   Change %

MOM

   Mar-17   Change % YOY   Q1 2018   Q1 2017   Change %   YTD 2018   YTD 2017   Change %

YTD
                                             
                                             
Total Cash Market 1   182 099,7   182 830,4   -0,4%   170 070,5   7,1%   535 946   453 440   18,2%   535 945,7   453 439,6   18,2%
                                             
ADV Cash Market 1   8 671,4   9 141,5   -5,1%   7 394,4   17,3%   8 507   6 976   21,9%   8 507,1   6 976,0   21,9%
                                             
                                             
LISTINGS                                            
Number of Issuers                                            
    Mar-18   Feb-18   Change %

MOM

   Mar-17   Change % YOY             December 2017   Change %  
                                             
EURONEXT 2   1 246   1 243   0,2%   1 287   -3,2%               1255   -0,7%    
                                             
SMEs   703   703   0,0%   740   -5,0%               723   -2,8%    
                                             
                                             
EURONEXT                                            
CAPITAL RAISED on Equities on Primary and Secondary Market                            
(mln of €)   Mar-18   Feb-18   Change %

MOM

   Mar-17   Change % YOY   Q1 2018   Q1 2017   Change %   YTD 2018   YTD 2017   Change %

YTD
Nb New Listings   5   1       2       6   6       6   6    
                                             
Money Raised New Listings

incl over allotment

   836   55   1409,8%   109   665,9%   891   190   369,9%   891   190   369,9%
                                             
of which Money Raised New Listings   836   55   1409,8%   103   708,3%   891   182   389,0%   891   182   389,0%
                                             
Follow-ons on Equities   5 098   2 333   118,5%   6 579   -22,5%   9 135   11 637   -21,5%   9 135   11 637   -21,5%
                                             
Corporate Bonds 3   13 131   4 430   196,4%   7 068   85,8%   21 044   12 374   70,1%   21 044   12 374   70,1%
                                             
Financials Bonds   13 856   4 810   188,1%   10 733   29,1%   38 542   40 286   -4,3%   38 542   40 286   -4,3%
                                             
Public/SemiPublic Bonds 5   1 447   3 330   -56,5%   4 693   -69,2%   10 226   16 932   -39,6%   10 226   16 932   -39,6%
                                             
Others   110   1 342   -91,8%   2 769   -96,0%   19 886   14 530   36,9%   19 886   14 530   36,9%
                                             
Total Money Raised 4   34 478   16 300   111,5%   31 952   7,9%   99 723   95 948   3,9%   99 723   95 948   3,9%
                                             
                                             
of which SMEs                                            
CAPITAL RAISED on Equities on Primary and Secondary Market                            
(mln of €)   Mar-18   Feb-18   Change %

MOM

   Mar-17   Change % YOY   Q1 2018   Q1 2017   Change %   YTD 2018   YTD 2017   Change %

YTD
Nb New Listings   3   1       1       4   4       4   4    
                                             
Money Raised New Listings

incl over allotment

   158   55   185,0%   109   44,6%   213   190   12,4%   213   190   12,4%
                                             
of which Money Raised New Listings   158   55   185,0%   103   52,6%   213   182   17,0%   213   182   17,0%
                                             
Follow-ons on Equities   206   1 096   -81,2%   895   -76,9%   1 408   2 581   -45,5%   1 408   2 581   -45,5%
                                             
Corporate Bonds 3   0   30   -   18   -   30   18   65,4%   30   18   65,4%
                                             
Financials Bonds   0   10   -   0   -   10   0   -   10   0   -
                                             
Others   0   0   -   0   -   0   0   -   0   0   -
                                             
Total Money Raised 4   364   1 191   -69,4%   1 022   -64,4%   1 661   2 789   -40,4%   1 661   2 789   -40,4%
                                             
1 Shares, warrants, ETFs, bonds
2 Euronext, Alternext and Free Market
3 Corporate bonds figures revised as from January 2017 to exclude Euronext listed financials issuers and to regroup them in a broader newly created financial bonds category. Public/Semi-Public bonds category not reported before, created as from January 2017
4 included New Listings incl over allotment, Follow-ons on Equities, Corporate Bonds on Euronext Listed Issuers
5 March 2017 figures for public / semi-public bonds have been corrected upwards to €900 million, following a technical issue on the number of securities on a bond issuance that resulted in YTD figures being corrected accordingly as of May 2017.
 
European Derivatives Market Monthly Activity                            
                                                 
        Mar-18   Feb-18       Mar-17       Q1 2018   Q1 2017     YTD 2018   YTD 2017  
Nb trading days   21   20       23       63   65       63   65    
                                                 
Volume (in lots)                                            
        Mar-18   Feb-18   Change % MOM   Mar-17   Change % YOY   Q1 2018   Q1 2017   Change %   Jan 2018 till Mar 2018   Jan 2017 till Mar 2017   Change %

YTD
Equity     11 348 456   11 687 031   -2,9%   11 114 638   2,1%   34 326 220   30 227 578   13,6%   34 326 220   30 227 578   13,6%
of which AtomX   68 174   83 946               258922   147760       258 922   147 760    
                                                 
  Index     5 288 649   5 381 641   -1,7%   5 231 342   1,1%   15 063 989   14 284 159   5,5%   15 063 989   14 284 159   5,5%
  of which AtomX   34 628   53 046               102 476   33 281       102 476   33 281    
    Futures   3 617 240   3 719 068   -2,7%   3 944 615   -8,3%   10 344 420   10 920 081   -5,3%   10 344 420   10 920 081   -5,3%
    of which AtomX   34 628   53 046               102 476   33 281       102 476   33 281    
    Options   1 671 409   1 662 573   0,5%   1 286 727   29,9%   4 719 569   3 364 078   40,3%   4 719 569   3 364 078   40,3%
    of which AtomX   0   0               0           0   0    
                                                 
  Individual Equity   6 059 807   6 305 390   -3,9%   5 883 296   3,0%   19 262 231   15 943 419   20,8%   19 262 231   15 943 419   20,8%
  of which AtomX   33 546   30 900               156 446   114 479       156 446   114 479    
    Futures   7 495   3 074   143,8%   5 784   29,6%   17 922   34 671   -48,3%   17 922   34 671   -48,3%
    of which AtomX   1 500   0               3 500   8 000       3 500   8 000    
    Options   6 052 312   6 302 316   -4,0%   5 877 512   3,0%   19 244 309   15 908 748   21,0%   19 244 309   15 908 748   21,0%
    of which AtomX   32 046   30 900               152 946   106 479       152 946   106 479    
                                                 
                                                 
Commodity     989 640   1 090 563   -9,3%   1 270 209   -22,1%   3 136 553   3 421 189   -8,3%   3 136 553   3 421 189   -8,3%
    Futures   912 600   1 037 045   -12,0%   1 187 820   -23,2%   2 937 750   3 188 198   -7,9%   2 937 750   3 188 198   -7,9%
    Options   77 040   53 518   44,0%   82 389   -6,5%   198 803   232 991   -14,7%   198 803   232 991   -14,7%
                                                 
                                                 
Other     0   0       4 714       0   18 399       0   18 399    
    Futures   0   0       0       0   0       0   0    
    Options   0   0       4 714       0   18 399       0   18 399    
                                                 
                                                 
Total Futures   4 537 335   4 759 187   -4,7%   5 138 219   -11,7%   13 300 092   14 142 950   -6,0%   13 300 092   14 142 950   -6,0%
Total Options   7 800 761   8 018 407   -2,7%   7 251 342   7,6%   24 162 681   19 524 216   23,8%   24 162 681   19 524 216   23,8%
                                                 
Total Euronext   12 338 096   12 777 594   -3,4%   12 389 561   -0,4%   37 462 773   33 667 166   11,3%   37 462 773   33 667 166   11,3%
                                             

ADV (in lots)
                                                 
        Mar-18   Feb-18   Change % MOM   Mar-17   Change % YOY   Q1 2018   Q1 2017   Change %   Jan 2018 till Mar 2018   Jan 2017 till Mar 2017   Change %

YTD
Equity     540 403   584 352   -7,5%   483 245   11,8%   544 861   465 040   17,2%   544 861   465 040   17,2%
of which AtomX   3 246   4 197               4 110   2 273       4 110        
                                                 
  Index     251 840   269 082   -6,4%   227 450   10,7%   239 111   219 756   8,8%   239 111   219 756   8,8%
  of which AtomX   1 649   2 652               1 627   512       1 627        
    Futures   172 250   185 953   -7,4%   171 505   0,4%   164 197   168 001   -2,3%   164 197   168 001   -2,3%
    of which AtomX   1 649   2 652               1 627   512       1 627        
    Options   79 591   83 129   -4,3%   55 945   42,3%   74 914   51 755   44,7%   74 914   51 755   44,7%
    of which AtomX   0   0               0   0       0        
                                                 
  Individual Equity   288 562   315 270   -8,5%   255 795   12,8%   305 750   245 283   24,7%   305 750   245 283   24,7%
  of which AtomX   1 597   1 545               2 483   1 761       2 483        
    Futures   357   154   132,2%   251   41,9%   284   533   -46,7%   284   533   -46,7%
    of which AtomX   71   0               56   123       56        
    Options   288 205   315 116   -8,5%   255 544   12,8%   305 465   244 750   24,8%   305 465   244 750   24,8%
    of which AtomX   1 526   1 545               2 428   1 638       2 428        
                                                 
                                                 
Commodity     47 126   54 528   -13,6%   55 226   -14,7%   49 787   52 634   -5,4%   49 787   52 634   -5,4%
    Futures   43 457   51 852   -16,2%   51 644   -15,9%   46 631   49 049   -4,9%   46 631   49 049   -4,9%
    Options   3 669   2 676   37,1%   3 582   2,4%   3 156   3 584   -12,0%   3 156   3 584   -12,0%
                                                 
                                                 
Other     0   0       205       0   283       0   283    
    Futures   0   0       0       0   0       0   0    
    Options   0   0       205       0   283       0   283    
                                                 
                                                 
Total Futures   216 064   237 959   -9,2%   223 401   -3,3%   211 113   217 584   -3,0%   211 113   217 584   -3,0%
Total Options   371 465   400 920   -7,3%   315 276   17,8%   383 535   300 373   27,7%   383 535   300 373   27,7%
                                                 
Total Euronext   587 528   638 880   -8,0%   538 677   9,1%   594 647   517 956   14,8%   594 647   517 956   14,8%
                                             
                                             
Open Interest                    
        Mar-18   Feb-18  

Change

% MOM

   Mar-17  

Change

% YOY
Equity     16 910 033   17 369 003   -2,6%   13 906 420   21,6%
                         
  Index     1 437 524   1 369 296   5,0%   1 426 710   0,8%
    Futures   557 651   501 926   11,1%   582 514   -4,3%
    Options   879 873   867 370   1,4%   844 196   4,2%
                         
  Individual Equity   15 472 509   15 999 707   -3,3%   12 479 710   24,0%
    Futures   15 999   15 980   0,1%   11 365   40,8%
    Options   15 456 510   15 983 727   -3,3%   12 468 345   24,0%
                         
                         
Commodity     602 034   585 444   2,8%   658 042   -8,5%
    Futures   387 612   420 861   -7,9%   428 437   -9,5%
    Options   214 422   164 583   30,3%   229 605   -6,6%
                         
                         
Other     0   0       1 294    
    Futures   0   0       0    
    Options   0   0       1 294    
                         
                         
Total Futures   961 262   938 767   2,4%   1 022 316   -6,0%
Total Options   16 550 805   17 015 680   -2,7%   13 543 440   22,2%
                         
Total Euronext   17 512 067   17 954 447   -2,5%   14 565 756   20,2%
                     
                     
FastMatch                                            
                                             
                                             
                                             
    Mar-18   Feb-18       Mar-17       Q1 2018   Q1 2017     YTD 2018   YTD 2017    
Nb trading days   22   20       23       64   64       64   64    
                                             
Fastmatch Volume (in USD millions, single counted)                            
    Mar-18   Feb-18   Change %

MOM

   Mar-17   Change % YOY   Q1 2018   Q1 2017   Change %   YTD 2018   YTD 2017   Change %

YTD
                                             
                                             
Total FastMatch Market   413 008   422 262   -2,2%   441 185   -6,4%   1 292 303   1 130 306   14,3%   1 292 303   1 130 306   14,3%
                                             
ADV FastMatch Market   18 773   21 113   -11,1%   19 182   -2,1%   20 192   17 661   14,3%   20 192   17 661   14,3%
                                             

 

 

 

Media
Alice Jentink: +31 20 721 4488
mediateam@euronext.com
or
Analysts & investors
Aurélie Cohen: +33 1 70 48 24 17
ir@euronext.com