In January Euronext cash markets saw a significant increase in trading on last year: the average daily number of transactions, 662,000, was up 18% year-on-year. A total of 14 million transactions were completed during the month.
Shares
The increase was stronger in share trading, where growth was close to 19% year-on-year, with 630,000 transactions a day, on average, daily, There were 13.2 million transactions in shares this month in total, an increase of 13.5% on January last year.
Trackers
Transactions in trackers remained stable this month, with a daily average volume of 1,515 transactions, up 1.9% on January 2003. Almost 32,000 trades were registered this month.
Derivatives products
Euronext.liffe, the international derivatives business of Euronext traded 71.4 million contracts in January 2004, an increase of 19% on January 2003, making it the busiest January ever and the second busiest month ever for Euronext.liffe. On average, 3.4 million contracts per day were traded.
The rise in volumes was seen across the product range with short-term interest rate products showing the highest growth, up 33% on January last year. Volume in Euribor futures and options was 18.9 million contracts, up 37% on the same month last year. Individual equity products traded 31.4 million contracts, an increase of 21% year to date. Commodity products were also up by 12%.
Euronext.liffe's new FLEX® options facility, the second in Euronext.liffe's three new wholesale services, has had an encouraging start, with 43,427 contracts traded on 26 January - its launch day.
Please click here for Euronext cash and derivatives market tables.
