The number of cash product transactions traded on Euronext registered substantial growth of 6.8% year-to-date, despite unfavourable market conditions. During February, the total number of transactions was also up 3.5%, compared to February 2002.
Shares
The growth in share transactions of 7.8% year-to-date and of 4.2% year-on-year, is remarkable given the poor market conditions.
More than 21 millions transactions were recorded for the first two months of the year, of which almost 10 million were recorded in February, representing a €4.6 billion daily average turnover in the Euronext electronic central order book.
Trackers
Transactions in trackers were up strongly by 54% year-to-date, and up 47.8% year-on-year.
Derivatives products
Euronext.liffe, the international derivatives business of Euronext, has traded a total of 111 million contracts in the first two months of 2003. In terms of nominal value of business, Euronext.liffe has traded €38 trillion worth of business year-to-date.
In February 2003 Euronext.liffe traded 51.5 million futures and options contracts, with an average daily volume of 2.6 million contracts, representing an underlying nominal average daily value of €990 billion.
In February 2003, Euronext.liffe interest rate products showed dramatic growth in volume with a total of 22 million futures and options contracts traded, up 55% year-on-year; 42 million contracts were traded year-to-date, up 31% year-on-year.
Euronext.liffe commodity products traded 551,612 contracts, an increase of 15% compared to February 2002 with a year-to-date volume of 1,115,002 contracts, a year-on-year increase of 24%.
Euronext.liffe offers the widest range of options on stocks listed in five European countries: Belgium, France, Holland, Portugal and the UK. Euronext.liffe traded 18 million equity options in February 2003, which included 4.9 million Dutch equity options and 12.2 million French equity options.
Total open interest stood at just over 109 million contracts at the close of trading on 28 February 2003.
