NYSE Euronext Announces Trading Volumes For September 2011 And Other Metrics - Double-Digit Growth In Trading Volumes Across All Venues Year-Over-Year - Global Derivatives ADV Up 23% - U.S. Equity Options ADV Up 32% - European Cash ADV Up 35% - U.S. Cash ADV Up 12%

NYSE Euronext (NYX) today announced trading volumes for its global derivatives and cash equities exchanges for September 2011¹. Trading volumes across all venues were significantly higher year-over-year, but mostly declined sequentially from unseasonally strong levels in August 2011, which were driven by heightened market volatility in the U.S. and Europe. Global derivatives average daily volume ("ADV") of 9.5 million contracts in September 2011 increased 23.2% versus the prior year, driven by a 32.1% increase in U.S. options ADV. Cash equities ADV in September 2011 was strong, with European cash trading ADV increasing 34.6% and U.S. cash trading ADV increasing 12.3% from September 2010 levels.

Highlights

• NYSE Euronext global derivatives ADV in September 2011 of 9.5 million contracts increased 23.2% compared to September 2010, but decreased 8.4% from elevated August 2011 levels.
• NYSE Euronext European derivatives products ADV in September 2011 of 4.8 million contracts increased 13.5% compared to September 2010 and increased 7.0% from August 2011 levels. Excluding Bclear, NYSE Liffe's trade administration and clearing service for OTC products, European derivatives products ADV increased 8.5% compared to September 2010 and decreased 8.5% from August 2011.
• NYSE Euronext U.S. equity options (NYSE Arca and NYSE Amex) ADV of 4.6 million contracts in September 2011 increased 32.1% compared to September 2010 levels, but decreased 20.2% from August 2011. NYSE Euronext's U.S. options exchanges accounted for 26.8% of total U.S. consolidated equity options trading in September 2011, up from 26.1% in September 2010 and up from 26.4% recorded in August 2011.
• NYSE Liffe U.S. ADV of approximately 113,400 contracts increased from 10,800 contracts in September 2010, but decreased from 137,100 contracts in August 2011.
• NYSE Euronext European cash products ADV of 1.9 million transactions in September 2011 increased 34.6% compared to September 2010, but decreased 13.5% from August 2011 levels.
• NYSE Euronext U.S. cash products (NYSE, NYSE Arca and NYSE Amex) handled ADV of 2.6 billion shares in September 2011 increased 12.3% compared to September 2010, but decreased 19.8% compared to August 2011. NYSE Euronext's Tape A matched market share in September 2011 was 36.3%, down from 38.4% in September 2010, but up slightly from 36.2% in August 2011.
• There were a total of 22 trading days in Europe and 21 trading days in the U.S. in September 2011 compared to 22 trading days in Europe and 21 trading days in the U.S. in September 2010.
• The preliminary average net revenue per transaction type (as defined below) for each of the primary trading venues in the third quarter of 2011 is included below:

Derivatives Trading

European Derivatives

• NYSE Euronext European derivatives products ADV in September 2011 was 4.8 million futures and options contracts, an increase of 13.5% from September 2010 and an increase of 7.0% from August 2011.
• The 4.8 million in European derivatives futures and options contracts ADV in September 2011 consisted of 3.6 million contracts executed through our full-service LIFFE CONNECT trading platform and 1.2 million contracts, or 24.5%, executed through Bclear, NYSE Liffe's trade administration and clearing service for OTC products. Excluding Bclear, European derivatives products ADV increased 8.5% compared to September 2010 and decreased 8.5% from August 2011.
• In the third quarter of 2011, European derivatives products ADV of 4.3 million contracts was 13.6% above prior year levels. The 4.3 million in futures and options contracts ADV in the third quarter of 2011 consisted of 3.5 million contracts executed through LIFFE CONNECT trading platform and 0.8 million contracts, or 19.0%, executed through Bclear. Excluding Bclear, European derivatives products ADV in the third quarter of 2011 increased 18.1% compared to the prior year period.
• Year-to-date, European derivatives products ADV of 4.8 million contracts was 6.5% below prior year levels. The 4.8 million in futures and options contracts ADV year-to-date consisted of 3.5 million contracts executed through LIFFE CONNECT trading platform and 1.2 million contracts, or 25.9%, executed through Bclear.
• Total fixed income products ADV of 2.5 million contracts in September 2011 increased 14.2% from September 2010, but decreased 1.4% from August 2011. In the third quarter of 2011, total fixed income products ADV of 2.3 million contracts was 20.3% above prior year levels. Year-to-date, total fixed income products ADV of 2.4 million contracts was 1.5% below prior year levels.
• Total equity products (including Bclear) ADV of 2.2 million contracts in September 2011 increased 12.4% compared to September 2010 and increased 17.8% from August 2011. The 2.2 million contracts in equity products ADV consisted of 1.5 million contracts in individual equity products ADV and 0.7 million contracts in equity index products ADV. The 1.5 million contracts in individual equity products ADV consisted of 1.0 million in futures contracts, which represented a 37.4% increase compared to September 2010 and 0.5 million in options contracts, which represented a 16.1% decrease compared to September 2010. The average net rate per contract for individual equity futures contracts is significantly lower than other products traded on NYSE Liffe. In the third quarter of 2011, total equity products ADV of 1.9 million contracts was 7.1% above prior year levels. Year-to-date, total equity products ADV of 2.3 million contracts was 12.2% below prior year levels.
• Total commodities products ADV of 91,000 contracts in September 2011 increased 18.8% compared to September 2010 and increased 35.8% compared to August 2011. In the third quarter of 2011, total commodities product ADV of 78,700 contracts was 3.4% below prior year levels. Year-to-date, total commodities product ADV of 84,000 contracts was 32.3% above prior year levels.

U.S. Derivatives

• NYSE Euronext U.S. equity options (NYSE Arca and NYSE Amex) ADV of 4.6 million contracts in September 2011 increased 32.1% compared to September 2010, but decreased 20.2% compared to August 2011. In the third quarter of 2011, U.S. equity options ADV of 4.9 million contracts was 52.6% above prior year levels. Year-to-date, U.S. equity options ADV of 4.4 million contracts was 21.6% above prior year levels.
• Total U.S. consolidated equity options ADV increased 28.6% to 17.1 million contracts in September 2011 compared to September 2010, but decreased 21.5% compared to August 2011. In the third quarter of 2011, U.S. consolidated equity options ADV of 18.5 million contracts was 48.0% above prior year levels. Year-to-date, U.S. consolidated equity options ADV of 17.2 million contracts was 22.3% above prior year levels.
• NYSE Euronext's U.S. options exchanges accounted for 26.8% of the total U.S. consolidated equity options trading in September 2011, up from 26.1% in September 2010 and up from 26.4% in August 2011.
• NYSE Liffe U.S. ADV of approximately 113,400 contracts increased from 10,800 contracts in September 2010, but decreased from 137,100 contracts in August 2011. In the third quarter of 2011, U.S. futures and futures options ADV of 117,810 contracts compared to 10,700 contracts in the prior quarter. Year-to-date, U.S. futures and futures options ADV of 77,800 contracts was 368.6% above prior year levels.

Cash Trading

European Cash

• NYSE Euronext European cash products ADV of 1.9 million transactions in September 2011 increased 34.6% compared to September 2010, but decreased 13.5% compared to August 2011.
• In the third quarter of 2011, European cash products ADV of 1.9 million transactions was 39.8% above prior year levels.
• Year-to-date, European cash products ADV of 1.8 million transactions was 18.2% above prior year levels.

U.S. Cash

• NYSE Euronext U.S. cash products handled ADV in September 2011 increased 12.3% to 2.6 billion shares compared to September 2010, but decreased 19.8% from August 2011.
• In the third quarter of 2011, U.S. cash products handled ADV was 2.6 billion shares, up 8.8% from prior year levels.
• Year-to-date, U.S. cash products handled ADV was 2.3 billion shares, down 14.2% from prior year levels.
• NYSE Euronext's Tape A matched market share in September 2011 was 36.3%, down from 38.4% in September 2010, but up slightly from 36.2% in August 2011.

Exchange Traded Funds

• NYSE Euronext U.S. matched exchange-traded funds ADV (included in volumes for Tape B and Tape C) of 421 million shares in September 2011 increased 39.7% compared to September 2010, but decreased 18.7% compared to August 2011.
• In the third quarter of 2011, NYSE Euronext U.S. matched exchange-traded funds ADV of 410 million shares was 31.1% above prior year levels.
• Year-to-date, NYSE Euronext U.S. matched exchange-traded funds ADV of 324 million shares was 7.9% below prior year levels.

Other Metrics

• On June 29, 2011, NYSE Euronext closed the sale of a 52.8% equity interest in the NYSE Amex Options exchange to seven leading order flow providers and market making firms including Bank of America Merrill Lynch, Barclays Capital, Citadel Securities, Citi, Goldman Sachs, TD Ameritrade and UBS AG. As a result of the sale, NYSE Euronext is now sharing the profits of NYSE Amex Options with our partners and in the third quarter, the profit attributable to the non-controlling interest related to NYSE Amex Options was $11 million.
• The average EUR/USD exchange rate for the third quarter of 2011 of $1.41 represented a decrease of 1.7% from the second quarter of 2011 and an increase of 9.4% compared to the third quarter of 2010.
• The average GBP/USD exchange rate for the third quarter of 2011 of $1.61 represented a decrease of 1.2% from the second quarter of 2011 and an increase of 3.9% compared to the third quarter of 2010.

Please click here for the Monthly Transaction Activity Data Table.