Global Derivatives ADV of 7.5 Million Contracts in December In-line with Prior Year
NYSE Liffe Fixed Income Products ADV Up 17% Versus Prior Year
European and U.S. Cash Equities ADV Lower
January 10, 2013– NYSE Euronext (NYX) today announced trading volumes for its global derivatives and cash equities exchanges for December 2012[1]. Global derivatives average daily volume (“ADV”) of 7.5 million contracts in December 2012 was down slightly compared to December 2011 and decreased 8.0% from November 2012 levels on seasonally slower trading activity. European derivatives fixed income ADV, however, increased 17.4% from December 2011 levels. Trading volumes in European and U.S. equities, declined both year-over-year and month-over-month.
Highlights
- NYSE Euronext global derivatives ADV in December 2012 of 7.5 million contracts decreased 0.2% compared to December 2011, and decreased 8.0% from November 2012 levels.
- NYSE Euronext European derivatives products ADV in December 2012 of 3.5 million contracts increased 1.5% compared to December 2011, but decreased 12.4% from November 2012 levels. Excluding Bclear, NYSE Liffe's trade administration and clearing service for OTC products, European derivatives products ADV increased 8.5% compared to December 2011and increased 1.5% from November 2012.
- NYSE Euronext U.S. equity options (NYSE Arca and NYSE Amex Options) ADV of 3.9 million contracts in December 2012 decreased 1.2% compared to December 2011 levels, and decreased by 4.4% from November 2012 levels. NYSE Euronext’s U.S. options exchanges accounted for 27.2% of total U.S. consolidated equity options trading in December 2012, down from 27.7% in December 2011 and down from 28.1% in November 2012.
- NYSE Liffe U.S. ADV of approximately 72,600 contracts decreased from 89,600 contracts in December 2011, but increased from 51,500 contracts in November 2012.
- NYSE Euronext European cash products ADV of 1.1 million transactions in December 2012 decreased 20.2% compared to December 2011 and decreased 8.7% compared to November 2012.
- NYSE Euronext U.S. cash products (NYSE, NYSE Arca and NYSE-MKT) handled ADV of 1.5 billion shares in December 2012 decreased 14.7% compared to December 2011 and decreased 3.4% compared to November 2012. NYSE Euronext’s Tape A matched market share in December 2012 was 31.9%, down from 33.4% in December 2011, but up from 31.7% in November 2012.
Cash Trading
European Cash
- NYSE Euronext European cash products ADV of 1.1 million transactions in December 2012 decreased 20.2% compared to December 2011 and decreased 8.7% compared to November 2012.
- NYSE Euronext market share in European Cash products in December 2012 was 68.7%, up from 66.0% in December 2011 and up from 64.9% in November 2012.
- In the fourth quarter of 2012, European cash products market share was 66.5% with ADV of 1.2 million transactions which was 25.6% below prior year levels.
- For the full-year 2012, European cash products market share was 66.2% with ADV of 1.4 million transactions which was 15.5% below prior year levels.
U.S. Cash
- NYSE Euronext U.S. cash products handled ADV in December 2012 decreased 14.7% to 1.5 billion shares compared to December 2011 and decreased 3.4% from November 2012.
- In the fourth quarter of 2012, U.S. cash products handled ADV was 1.6 billion shares, down 27.3% from prior year levels.
- For the full-year 2012, U.S. cash products handled ADV was 1.7 billion shares, down 26.2% from prior year levels.
- NYSE Euronext’s Tape A matched market share in December 2012 was 31.9%, down from 33.4% in December 2011, but up from 31.7% in November 2012.
Exchange Traded Funds
- NYSE Euronext U.S. matched exchange-traded funds ADV (included in volumes for Tape B and Tape C) of 193 million shares in December 2012 decreased 22.1% compared to December 2011 and decreased 7.5% compared to November 2012.
- In the fourth quarter of 2012, NYSE Euronext U.S. matched exchange-traded funds ADV of 197 million shares was 38.9% below prior year levels.
- For the full-year 2012, NYSE Euronext U.S. matched exchange-traded funds ADV of 211 million shares was 34.9% below prior year levels.
[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.