Eurex Group sets new records in July
02 August 2011 Frankfurt
Image: Shutterstock
Eurex Group recorded an average daily volume (ADV) of 10 million contracts in July, a 24 per cent increase from the same period last year.
Eurex Exchange contracts accounted for a little over 70 per cent, jumping 23 per cent from last year to trade 151.9 million. The equity index derivative segment totalled 72.5 million contracts with the single largest contract traded being Euro Stoxx 50 Index futures at over 31 million contracts. The Eurex Kospi product set a new daily peak and monthly record with an ADV of 81,000 contracts.
Equity options and single stock futures were down almost 20 per cent year-on-year, partly on the back of contract specification changes in the first quarter this year when contract sizes were increased to match international standards. But extrapolating the figures would still result in a drop of almost 10 per cent, according to Deutsche Group analysis.
US-based ISE rose more modestly than Eurex Exchange, up 8.3 per cent to 57.3 million contracts traded.
All Eurex Repo markets - CHF, EUR and General Collateral (GC) Pooling - grew by 25 per cent setting a new life-time best at €301.3 billion average outstanding volume. The CHF Repo market recorded the highest growth, jumping 33 per cent year-on-year, reaching €167.3 billion.
The Swiss franc has been on the receiving end of "flight to safety" investing as Eurozone debt concerns take the wind out of the euro while the recent US debt ceiling impasse and continuing fears of a downgrade batter the dollar.
Eurex Exchange contracts accounted for a little over 70 per cent, jumping 23 per cent from last year to trade 151.9 million. The equity index derivative segment totalled 72.5 million contracts with the single largest contract traded being Euro Stoxx 50 Index futures at over 31 million contracts. The Eurex Kospi product set a new daily peak and monthly record with an ADV of 81,000 contracts.
Equity options and single stock futures were down almost 20 per cent year-on-year, partly on the back of contract specification changes in the first quarter this year when contract sizes were increased to match international standards. But extrapolating the figures would still result in a drop of almost 10 per cent, according to Deutsche Group analysis.
US-based ISE rose more modestly than Eurex Exchange, up 8.3 per cent to 57.3 million contracts traded.
All Eurex Repo markets - CHF, EUR and General Collateral (GC) Pooling - grew by 25 per cent setting a new life-time best at €301.3 billion average outstanding volume. The CHF Repo market recorded the highest growth, jumping 33 per cent year-on-year, reaching €167.3 billion.
The Swiss franc has been on the receiving end of "flight to safety" investing as Eurozone debt concerns take the wind out of the euro while the recent US debt ceiling impasse and continuing fears of a downgrade batter the dollar.
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