Euronext Announces Volumes for March 2016

05/04/2016 - 7:30AM CEST

Regulatory News:

Euronext (Paris:ENX) (Amsterdam:ENX) (Brussels:ENX), the leading exchange in the Eurozone, today announced trading volumes for March 2016.

In March 2016, the average daily transaction value on the Euronext cash order book stood at €7,633 million (-16.3% compared with March 2015). This is largely the result of lighter trading activity during the last two weeks of March due to the Easter holiday occurring one month earlier than 2015. Activity on ETFs continued to progress during March, with an average daily transaction value of €617 million, up +1.2% compared to March 2015, and 10 new listings over the course of the month, thus enlarging our ETF offering to 757 listings. 18 March 2016 saw a new daily transaction value high of 2016 of €15,429 million, as a result of the derivatives expiry and blue chip indices quarterly rebalancing.
During this first quarter, the average daily transaction value on the Euronext cash order book decreased by -4.4% compared to Q1 2015, while the daily average number of transactions increased by +12.4% compared to the same quarter. Please note that Q1 2016 saw only 62 trading days as a result of the early Easter holiday, while Q1 2015 had 63.
Average daily volume (ADV) on individual equity derivatives was up +3.2% at 253,399 contracts during the first quarter of 2016, while the March ADV on these products remained flat at 232,826 contracts (+0.3% compared with March 2015). Quarterly ADV on equity index derivatives decreased by -3.2% at 245,824 contracts. The average daily volume in March on equity index derivatives was down -7.5% compared with March 2015.
In March 2016, the average daily volume on commodities derivatives increased by +38.4% compared to March 2015, with an ADV of 60,988 contracts. Quarterly average daily volume on commodities derivatives was up +27% compared with Q1 2015 at 63,398 contracts.
During this first quarter, the average daily volume on Euronext derivatives was 562,903 contracts (+2.3% compared with Q1 2015) and the total open interest increased by +4.9% to 13,900,164 contracts.
During March 2016, €5.5 billion was raised on Euronext in corporate bonds and €2.4 billion in follow-on equity. The current market conditions significantly slowed worldwide IPO activity during Q1 2016, which was the weakest first quarter since 2009.

About Euronext

Euronext is the primary exchange in the Euro zone with more than 1 300 listed issuers worth more than €3.0 trillion in market capitalization as of end December 2015, an unmatched blue chip franchise consisting of 25 issuers in the EURO STOXX 50® benchmark 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. Euronext operates regulated markets, Alternext and the Free Market; in addition it offers EnterNext, which facilitates SMEs’ access to capital markets.

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.


European Cash Market Monthly Activity



	Mar-16	Feb-16		Mar-15		YTD 2016	YTD 2015
Nb trading days	21	21		22		62	63

NUMBER OF TRANSACTIONS (Buy and sells) (reported trades included)
	Mar 16	Feb 16	Change % MOM	Mar 15	Change % YOY	YTD 2016	YTD 2015	Change % YTD

Total Cash Market *	39 950 138	47 966 496	-16,7%	41 616 834	-4,0%	132 129 274	119 464 794	10,6%

ADV Cash Market *	1 902 388	2 284 119	-16,7%	1 891 674	0,6%	2 131 117	1 896 267	12,4%

* (shares, warrants, trackers, bonds...)

TRANSACTION VALUE ( € million - Single counted)
Eur million	Mar 16	Feb 16	Change % MOM	Mar 15	Change % YOY	YTD 2016	YTD 2015	Change % YTD

Total Cash Market *	160 284,6	180 342,5	-11,1%	200 622,7	-20,1%	514 271,7	546 782,6	-5,9%

ADV Cash Market *	7 632,6	8 587,7	-11,1%	9 119,2	-16,3%	8 294,7	8 679,1	-4,4%

* (shares, warrants, trackers, bonds...)

INDICES
	Mar 16	Feb 16	Change % MOM	Dec 15	Change % YTD
N100	864,41	849,95	1,7%	906,33	-4,6%
N150	2 285,9	2 220,3	3,0%	2 403,2	-4,9%
AEX	440,1	427,3	3,0%	441,8	-0,4%
BEL 20	3 373,0	3 371,8	0,0%	3 700,3	-8,8%
CAC 40	4 385,1	4 353,6	0,7%	4 637,1	-5,4%
PSI 20	5 020,6	4 767,3	5,3%	5 313,2	-5,5%


Number of Euronext listed Exchange traded Products (ETPs)
	Mar 16	Feb 16	Change % MOM	Mar 15	Change % YTD
AEX	1 935	2 230	-13,2%	2 271	-14,8%
BEL 20	121	130	-6,9%	125	-3,2%
CAC 40	5 547	6 313	-12,1%	5 210	6,5%
PSI 20	71	84	-15,5%	97	-26,8%


LISTINGS
Number of Issuers
	Mar 16	Feb 16	Change % MOM	Mar 15	Change % YOY	December 2015	Change %

EURONEXT **	1 308	1 312	-0,3%	1 310	-0,2%	1318	-0,8%

EnterNext	715	718	-0,4%	719	-0,6%	726	-1,5%

**(Euronext, Alternext and Free Market)


EURONEXT (Euronext, Alternext)
CAPITAL RAISED on Equities on Primary and Secondary Market
(mln of €)
	Mar 16	Feb 16	Change % MOM	Mar 15	Change % YOY	YTD 2016	YTD 2015	Change % YTD
Nb New Listings **	0	0		3		1	14

Money Raised New Listings incl over alloment	0	0	-	638	-	3	2 880	-99,9%

of which Money Raised New Listings	0	0	-	623	-	3	2 637	-99,9%

Follow-ons on Equities	2 373	663	257,6%	1 472	61,2%	4 552	10 245	-55,6%

Corporate Bonds	5 515	3 737	47,6%	10 746	-48,7%	15 741	27 069	-41,8%

Total Money Raised *	7 888	4 400	79,3%	12 856	-38,6%	20 296	40 194	-49,5%


of which ENTERNEXT

CAPITAL RAISED on Equities on Primary and Secondary Market
(mln of €)
	Mar 16	Feb 16	Change % MOM	Mar 15	Change % YOY	YTD 2016	YTD 2015	Change % YTD
Nb New Listings **	0	0		2		1	10

Money Raised New Listings incl over alloment	0	0	-	75	-	3	347	-99,3%

of which Money Raised New Listings	0	0	-	75	-	3	319	-99,2%

Follow-ons on Equities	232	663	-65,1%	559	-58,6%	1 148	1 572	-27,0%

Corporate Bonds	530	20	2549,4%	68	684,8%	625	276	126,0%

Total Money Raised *	762	683	11,5%	701	8,6%	1 775	2 195	-19,1%

* included New Listings incl over allotment, Follow-ons on Equities, Corporate Bonds on Euronext Listed Issuers


European Derivatives Market Monthly Activity



			Mar-16	Feb-16		Mar-15		YTD 2016	YTD 2015
Nb trading days			21	21		22		62	63

Volume (in lots)
			Mar 2016	Feb 2016	Change % MOM	Mar-15	Change % YOY	Jan 2016 till Mar 2016	Jan 2015 till Mar 2015	Change % YTD
Equity			9 495 648	11 154 384	-15%	10 327 537	-8,1%	30 951 830	31 467 529	-1,6%
of which Atomx			52 217	13 250				73 217

	Index		4 606 307	5 242 951	-12%	5 219 628	-11,8%	15 241 107	16 005 398	-4,8%
	of which Atomx		23 217	0				23 217
		Futures	3 701 915	4 113 883	-10%	3 913 607	-5,4%	12 024 915	12 148 470	-1,0%
		of which Atomx	23 217					23 217
		Options	904 392	1 129 068	-20%	1 306 021	-30,8%	3 216 192	3 856 928	-16,6%
		of which Atomx

	Individual Equity		4 889 341	5 911 433	-17%	5 107 909	-4,3%	15 710 723	15 462 131	1,6%
	of which Atomx		29 000	13 250				50 000
		Futures	20 777	4 318	381%	1 465	>500%	35 534	7 197	393,7%
		of which Atomx	0	0				0
		Options	4 868 564	5 907 115	-18%	5 106 444	-4,7%	15 675 189	15 454 934	1,4%
		of which Atomx	29 000	13 250				50 000


Commodity			1 280 743	1 441 758	-11%	969 255	32,1%	3 930 666	3 145 443	25,0%
		Futures	1 042 512	1 233 693	-15%	828 274	25,9%	3 321 812	2 645 310	25,6%
		Options	238 231	208 065	14%	140 981	69,0%	608 854	500 133	21,7%


Other			4 751	7 801	-39%	20 754	-77,1%	17 459	54 541	-68,0%
		Futures	0	0		0		0	0
		Options	4 751	7 801	-39%	20 754	-77,1%	17 459	54 541	-68,0%


Total Futures			4 765 204	5 351 894	-11%	4 743 346	0,5%	15 382 261	14 800 977	3,9%
Total Options			6 015 938	7 252 049	-17%	6 574 200	-8,5%	19 517 694	19 866 536	-1,8%

Total Euronext			10 781 142	12 603 943	-14%	11 317 546	-4,7%	34 899 955	34 667 513	0,7%


ADV (in lots)
			Mar 2016	Feb 2016	Change % MOM	Mar-15	Change % YOY	Jan 2016 till Mar 2016	Jan 2015 till Mar 2015	Change % YTD
Equity			452 174	531 161	-15%	469 434	-3,7%	499 223	499 485	-0,1%
of which Atomix			2 487	631				1 181

	Index		219 348	249 664	-12%	237 256	-7,5%	245 824	254 054	-3,2%
	of which Atomx		1 106	0				374
		Futures	176 282	195 899	-10%	177 891	-0,9%	193 950	192 833	0,6%
		of which Atomx	1 106	0				374
		Options	43 066	53 765	-20%	59 365	-27,5%	51 874	61 221	-15,3%
		of which Atomx	0	0				0

	Individual Equity		232 826	281 497	-17%	232 178	0,3%	253 399	245 431	3,2%
	of which Atomx		1 381	631				806
		Futures	989	206	381%	67	>500%	573	114	401,6%
		of which Atomx	0	0				0
		Options	231 836	281 291	-18%	232 111	-0,1%	252 826	245 316	3,1%
		of which Atomx	1 381	631				806


Commodity			60 988	68 655	-11%	44 057	38,4%	63 398	49 928	27,0%
		Futures	49 643	58 747	-15%	37 649	31,9%	53 578	41 989	27,6%
		Options	11 344	9 908	14%	6 408	77,0%	9 820	7 939	23,7%


Other			226	371	-39%	943	-76,0%	282	866	-67,5%
		Futures	0	0		0		0	0
		Options	226	371	-39%	943	-76,0%	282	866	-67,5%


Total Futures			226 914	254 852	-11%	215 607	5,2%	248 101	234 936	5,6%
Total Options			286 473	345 336	-17%	298 827	-4,1%	314 802	315 342	-0,2%

Total Euronext			513 388	600 188	-14%	514 434	-0,2%	562 903	550 278	2,3%


Open Interest
			Mar-16	Feb-16	Change % MOM	Mar-15	Change % YOY
Equity			13 010 840	13 227 438	-2%	12 480 666	4%

	Index		845 373	836 392	1%	1 113 845	-24,1%
		Futures	398 797	366 534	9%	505 483	-21,1%
		Options	446 576	469 858	-5%	608 362	-26,6%

	Individual Equity		12 165 467	12 391 046	-2%	11 366 821	7,0%
		Futures	60 297	84 980	-29%	2 756	>500%
		Options	12 105 170	12 306 066	-2%	11 364 065	6,5%


Commodity			886 019	773 532	15%	757 494	17,0%
		Futures	402 347	394 783	2%	360 747	11,5%
		Options	483 672	378 749	28%	396 747	21,9%


Other			3 305	4 288	-23%	8 045	-58,9%
		Futures	0	0		0
		Options	3 305	4 288	-23%	8 045	-58,9%


Total Futures			861 441	846 297	2%	868 986	-0,9%
Total Options			13 038 723	13 158 961	-1%	12 377 219	5,3%

Total Euronext			13 900 164	14 005 258	-1%	13 246 205	4,9%

View source version on businesswire.com: http://www.businesswire.com/news/home/20160404006471/en/

Euronext
Alice Jentink (Amsterdam): +31 20 721 4488
ajentink@euronext.com
or
Pascal Brabant (Brussels): +32 2 620 15 50
pbrabant@euronext.com
or
Sandra Machado (Lisbon): +351 210 600 614
smachado@euronext.com
or
Aichata Tandjigora (Paris): +33 1 70 48 24 43
atandjigora@euronext.com