Amsterdam, Brussels, Lisbon, London and Paris – 15 September 2014 – Euronext today announced that for the first time since its separation from Liffe, Euronext open interest commodities exceeded 1 million lots on 11th September 2014. This is a 16% increase year on year.
Olivier Raevel, Head of Commodities at Euronext, said, “Following a strong performance in the first half of this year, we are delighted to see the traction in our commodities business continuing. This is just the first threshold that we are crossing, but we are confident that there is more growth to come from this underexploited business.”
Euronext Commodities business includes a broad range of futures and options contracts including the benchmark French milling wheat contract, corn and rapeseed. These contracts offer an effective and efficient tool for hedging price risk as well as a vehicle for trading, investment and arbitrage activity.