Euronext reports Q4 cash market trading volume surge
08 January 2021 Holland
Image: Andrew/adobe.stock.com
Euronext, the European exchange group, reported for December 2020 that its total number of cash market transactions was 56.6 million, a 58.3 per cent year-on-year (YoY) increase from the same month in 2019.
December鈥檚 total transaction number also represented a 24.2 per cent dropoff compared to November 2020 which was reported at 74.7 million.
Full-year figures for 2020 show Euronext鈥檚 total cash market transactions came in at 764.43 million, a 58.3 percent increase from 2019.
Euronext鈥檚 total cash market value for December was 鈧�189.9 billion, with an average daily value (ADV) for the month of 鈧�8.6 billion, an increase of 13.7 per cent and 3.3 per cent YoY, respectively.
Full-year figures reveal the total cash market transaction value to be 鈧�2.5 trillion, with an ADV of 鈧�9.7 billion, up 20.3 per cent and and 19.3 per cent, respectively, from figures for 2019.
Elsewhere, Euronext shareholders unanimously voted in favour of its Borsa Italiana acquisition from the London Stock Exchange Group which took place on 20 November.
It was acquired for just over 鈧�4.3 billion as part of Euronext鈥檚 long-term strategy of becoming a pan-European market infrastructure powerhouse.
The Milan-based bourse, which is Italy's only exchange, earned 鈧�464 million revenue last year and Euronext hopes it will 鈥減lay a key role in the future operations, strategy and governance鈥� of its expanded group, as its largest revenue contributor.
December鈥檚 total transaction number also represented a 24.2 per cent dropoff compared to November 2020 which was reported at 74.7 million.
Full-year figures for 2020 show Euronext鈥檚 total cash market transactions came in at 764.43 million, a 58.3 percent increase from 2019.
Euronext鈥檚 total cash market value for December was 鈧�189.9 billion, with an average daily value (ADV) for the month of 鈧�8.6 billion, an increase of 13.7 per cent and 3.3 per cent YoY, respectively.
Full-year figures reveal the total cash market transaction value to be 鈧�2.5 trillion, with an ADV of 鈧�9.7 billion, up 20.3 per cent and and 19.3 per cent, respectively, from figures for 2019.
Elsewhere, Euronext shareholders unanimously voted in favour of its Borsa Italiana acquisition from the London Stock Exchange Group which took place on 20 November.
It was acquired for just over 鈧�4.3 billion as part of Euronext鈥檚 long-term strategy of becoming a pan-European market infrastructure powerhouse.
The Milan-based bourse, which is Italy's only exchange, earned 鈧�464 million revenue last year and Euronext hopes it will 鈥減lay a key role in the future operations, strategy and governance鈥� of its expanded group, as its largest revenue contributor.
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