Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

November 2004 - Euronext Key Indicators: Euronext.Liffe Sets New Annual Volume Record Of 743 Million Contracts Traded – With One Month To Go To End Of Year; 12.8 Million Cash Transactions, Up 2.2% Year-On-Year; 44 New Listings On Euronext Since The Begi

Date 30/11/2004

Cash products

12.8 million transactions have been completed on Euronext’s cash markets in November, making the month the third busiest this year. This is up 2.2% on November 2003 and up 21.3% compared to the average of the six previous months. Since January, almost 130 million cash transactions have been registered on Euronext, representing a daily average of 549,000.

Shares
12.2 million share transactions have been completed during November 2004, up 2% year-on-year. There has been a total of 123 million transactions over the first eleven months of 2004, slightly down 5.7% on the same period of last year. In the year-to-date, the average daily number of share transactions stands at 522,000.

IPOs
So far this year there have been 44 IPOs on Euronext’s markets, including the IPO of Autoroutes Paris-Rhin-Rhône (EUR 1.21 billion) on 25 November, the third largest listing on Euronext this year after Belgacom (EUR 3.6 billion) and PagesJaunes (EUR 1.25 billion). Since January, new listings on Euronext have raised a total of EUR 9.3 billion.

Derivatives products

Euronext.liffe, the international derivatives business of Euronext, has already traded a record number of contracts for a single year, trading over 743 million futures and options contracts from January to November 2004.

Euronext.liffe traded 67 million contracts during November, up 33% on November 2003 with average daily volume reaching 3 million contracts. Trading volumes have grown across all the product sectors with individual equity products showing the strongest growth, trading 300 million contracts and up 28% in the year-to-date.

Interest rate products traded over 29 million contracts in November bringing the volume this year to over 290 million contracts, up 13% on the same period in 2003.

Euronext.liffe’s Eurodollar continued to grow with over 1.2 million contracts traded in the month of November, the first time over one million contracts have been traded in a calendar month since the launch of the contract, reflecting continued customer interest and support. A new daily traded volume record was set on 19th November when 94,594 contracts were traded. Open interest has reached a new record, standing at 147,185 contracts on 29th November.

Commodity products traded 827,000 contracts in November and, in the year-to-date, are up 21%.

Euronext cash and derivatives market tables