Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

NQLX September 2003 Volume

Date 01/10/2003

NQLX LLC announced today that 102,983 contracts were traded on its market in September. Average Daily Volume (ADV) in September for NQLX was 4,904, a 94 percent increase over the market's August ADV of 2,526 contracts.

Of the increase in volume from August, NQLX. CEO Tom Ascher, said, "We are pleased, but far from satisfied, with the growth in our market. We are pleased to offer NQLX customers and members the combination of the LIFFE CONNECT. central order book along with an overlay of competitive market makers. While still in the early running, we think our market structure is contributing to increased price competition that has ultimately led to the increased volume on NQLX."

The top five security futures contracts by volume in September were:

Tickers Stocks Number of Contracts
IWM iShares Russell 2000 17,920
SBC SBC Communications Inc. 7,921
CSCO Cisco Systems, Inc. 6,785
CMVT Comverse Technology, Inc. 6,382
VZ Verizon Communications Inc. 5,313

Each contract represents 100 shares of the underlying stock. NQLX has a total of 94 security futures products, including futures on the NASDAQ -100 Index Tracking StockSM (QQQSM) and a suite of Russell iSharesSM. NQLX also has three cash-settled futures on a suite of Russell 1000 ® products.

  • Open interest was at 47,724 contracts on September 30, 2003.
  • The most active day of the month was September 16 when 32,748 contracts traded.
NQLX is a fully electronic, federally regulated exchange and a wholly owned company of Euronext.liffe. NQLX lists single stock futures and futures on broad based indices through Euronext.liffe's electronic trading platform, LIFFE CONNECT®, the world's most advanced derivatives trading system. For more information on NQLX visit: www.nqlx.