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NYSE Liffe U.S., the innovative U.S. futures exchange of NYSE Euronext (NYX), today announced several 2012 trading records for its mini MSCI Futures Complex, including all-time highs in Volume, Open Interest (OI) and Block trade at Index Close (BIC) activity. For the full-year 2012, mini MSCI Index Futures traded a record Average Daily Volume (ADV) of 19,256, up 67% from 2011. Led by consistently growing trading volume in MSCI Emerging Markets and MSCI EAFE in 2012, NYSE Liffe U.S. experienced record year-over-year volume gains of 87% and 43% in those products, respectively. Open Interest in the contracts closed out 2012 at 233,752 contracts, up 113% from year-end 2011.
The month of December saw numerous records, including four consecutive days of trading more than 100,000 contracts with an all-time record of 128,084 on December 17. In mini MSCI Emerging Markets Index Futures contracts alone, over 82,000 contracts traded on December 17, a new record. Also in December, the mini MSCI Index Futures complex traded a record ADV of 41,571 contracts daily, up 108% from December 2011; ADV in mini MSCI Emerging Markets contracts during the month was over 27,000, up 136% and ADV in MSCI EAFE was approximately 14,000, up 69% from December 2011. December also experienced strong activity in NYSE Liffe U.S.’s innovative Block Trade at Index Close (BIC) program. Since launching the BIC program in late 2011, NYSE Liffe U.S. has traded a total notional value of $9.1 billion in 334 trades, adding $8.9B in 330 trades in 2012. Open Interest hit an all-time high of 267,932 contracts on December 19th.
With the 2012 introduction of mini MSCI World, mini MSCI Canada and mini MSCI Emerging Markets Latin America futures, NYSE Liffe U.S. now trades 15 futures products based on MSCI indexes that offer investors a diverse range of global investment opportunities. By offering direct exposure to countries and regions of global emerging and developed markets, the mini MSCI futures complex on NYSE Liffe U.S. provides the component pieces for customers to better manage their desired exposures to a range of global markets. All of the new futures contracts clear and settle in U.S. dollars at the Options Clearing Corporation.
In May 2009, NYSE Liffe U.S. signed a license agreement with MSCI to offer a broad suite of domestic and international index futures products built on a range of MSCI equity indices. These indices include style and sector exposures as well as flagship MSCI indices like the MSCI Emerging Markets (EM) and MSCI EAFE indices. MSCI calculates over 150,000 equity indices daily as part of a diverse index portfolio including broad and efficient market coverage of U.S. and European equity markets. MSCI indices are recognized and used by leading asset managers around the world.
For more information on mini MSCI index futures contracts please visit: http://www.nyx.com/minimscis
