NYSE Euronext (NYX) experienced record trading activity on its U.S. and European cash equities exchanges and strong volumes on its European derivatives unit, Liffe, during the month of October 2008. Volumes for October 2008 include trading activity from the equity and options markets of NYSE Alternext US (formerly the American Stock Exchange).
NYSE Euronext's European cash markets executed record average daily volume of 2.1 million transactions(1), an increase of 61.8% compared to the same period last year. European cash trading activity qualifying for Pack Epsilon pricing represented over 35% of total transactions executed in October 2008. During the month, the company's U.S. cash markets executed record average daily volume of 4.8 billion shares traded, an increase of 78.5% versus October 2007. Tape A market share was 42.8% for October 2008, an increase from September 2008 levels. This represents the second consecutive monthly increase in market share.
NYSE Euronext's European derivatives unit, Liffe, traded an average of 4.4 million futures and options contracts in October 2008, a 37.1% increase from the previous year. Bclear, Liffe's trade administration and clearing service, processed 664,000 contracts per day in October, a 115.9% increase from the previous year. NYSE Euronext's U.S. options exchanges executed a combined average daily volume of 2.6 million contracts in October 2008.
(1) Euronext equities transactions count each buy and sell order as separate transactions, NYSE Group equities transactions count buy and sell orders together as a single transaction. All NYSE Euronext derivatives transactions count buy and sell orders together as a single transaction.
NYSE Euronext
Monthly Volume Summary - Cash Products
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Average Daily Volume Total Volume
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(Unaudited) Oct-08 Oct-07 % Chg Oct-08 Oct-07 % Chg
------ ------ ------ ------- ------ ------
Number of Trading Days -
European Markets 23 23 23 23
Number of Trading Days -
U.S. Markets 23 23 23 23
European Cash Products
(trades in thousands) 2,138 1,322 61.8% 49,173 30,395 61.8%
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Equities 2,070 1,268 63.3% 47,617 29,162 63.3%
Exchange-Traded Funds 16 8 109.6% 377 180 109.6%
Structured Products 46 40 15.5% 1,054 912 15.5%
Bonds 5 6 -11.6% 126 142 -11.6%
U.S. Cash Products (shares
in millions) (2) 4,783 2,680 78.5% 110,014 61,643 78.5%
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NYSE Listed (Tape A) Issues
(1)
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NYSE Group Handled
Volume (2) 3,367 2,048 64.4% 77,442 47,107 64.4%
NYSE Group Matched
Volume (3) 3,025 1,841 64.3% 69,585 42,343 64.3%
NYSE Group TRF Volume
(4) 586 134 335.7% 13,472 3,092 335.7%
Total NYSE Listed
Consolidated Volume 7,061 3,394 108.0% 162,396 78,067 108.0%
NYSE Group Share of
Total Consolidated
Volume
Handled Volume (2) 47.7% 60.3% -12.6% 47.7% 60.3% -12.6%
Matched Volume (3) 42.8% 54.2% -11.4% 42.8% 54.2% -11.4%
TRF Volume (4) 8.3% 4.0% 4.3% 8.3% 4.0% 4.3%
NYSE Arca & Alternext US
(Tape B) Listed Issues
------------------------------------------------ ---------------------
NYSE Group Handled
Volume (2) 844 209 304.4% 19,420 4,802 304.4%
NYSE Group Matched
Volume (3) 726 177 311.3% 16,706 4,062 311.3%
NYSE Group TRF Volume
(4) 337 39 769.7% 7,743 890 769.7%
Total NYSE Arca & Amex
Listed Consolidated
Volume 2,399 628 281.7% 55,166 14,454 281.7%
NYSE Group Share of
Total Consolidated
Volume
Handled Volume (2) 35.2% 33.2% 2.0% 35.2% 33.2% 2.0%
Matched Volume (3) 30.3% 28.1% 2.2% 30.3% 28.1% 2.2%
TRF Volume (4) 14.0% 6.2% 7.8% 14.0% 6.2% 7.8%
Nasdaq Listed (Tape C)
Issues
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NYSE Group Handled
Volume (2) 572 423 35.1% 13,153 9,734 35.1%
NYSE Group Matched
Volume (3) 483 339 42.4% 11,111 7,803 42.4%
NYSE Group TRF Volume
(4) 278 151 84.3% 6,403 3,475 84.3%
Total Nasdaq Listed
Consolidated Volume 2,786 2,186 27.4% 64,080 50,285 27.4%
NYSE Group Share of
Total Consolidated
Volume
Handled Volume (2) 20.5% 19.4% 1.1% 20.5% 19.4% 1.1%
Matched Volume (3) 17.3% 15.5% 1.8% 17.3% 15.5% 1.8%
TRF Volume (4) 10.0% 6.9% 3.1% 10.0% 6.9% 3.1%
Exchange-Traded Funds (1,5)
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NYSE Group Handled
Volume (2) 872 289 201.4% 20,055 6,654 201.4%
NYSE Group Matched
Volume (3) 758 255 197.3% 17,425 5,860 197.3%
NYSE Group TRF Volume
(4) 363 54 574.5% 8,343 1,237 574.5%
Total ETF Consolidated
Volume 2,602 777 234.7% 59,841 17,878 234.7%
NYSE Group Share of
Total Consolidated
Volume
Handled Volume (2) 33.5% 37.2% -3.7% 33.5% 37.2% -3.7%
Matched Volume (3) 29.1% 32.8% -3.7% 29.1% 32.8% -3.7%
TRF Volume (4) 13.9% 6.9% 7.0% 13.9% 6.9% 7.0%
Total Volume
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(Unaudited) % Chg vs.
YTD 2008 YTD 2007
--------- ---------
Number of Trading Days - European Markets 215
Number of Trading Days - U.S. Markets 212
European Cash Products (trades in thousands) 342,409 28.6%
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Equities 330,867 29.7%
Exchange-Traded Funds 1,873 47.5%
Structured Products 8,543 0.2%
Bonds 1,126 -19.4%
U.S. Cash Products (shares in millions) (2) 742,851 23.3%
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NYSE Listed (Tape A) Issues (1)
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NYSE Group Handled Volume (2) 546,748 17.2%
NYSE Group Matched Volume (3) 492,918 13.9%
NYSE Group TRF Volume (4) 69,455 605.5%
Total NYSE Listed Consolidated Volume 1,068,038 52.7%
NYSE Group Share of Total Consolidated Volume
Handled Volume (2) 51.2% -15.5%
Matched Volume (3) 46.2% -15.7%
TRF Volume (4) 6.5% 5.1%
NYSE Arca & Alternext US (Tape B) Listed Issues
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NYSE Group Handled Volume (2) 97,254 127.3%
NYSE Group Matched Volume (3) 84,377 128.8%
NYSE Group TRF Volume (4) 34,922 877.0%
Total NYSE Arca & Amex Listed Consolidated
Volume 292,889 155.6%
NYSE Group Share of Total Consolidated Volume
Handled Volume (2) 33.2% -4.1%
Matched Volume (3) 28.8% -3.4%
TRF Volume (4) 11.9% 8.8%
Nasdaq Listed (Tape C) Issues
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NYSE Group Handled Volume (2) 98,848 5.9%
NYSE Group Matched Volume (3) 82,883 9.0%
NYSE Group TRF Volume (4) 47,938 148.3%
Total Nasdaq Listed Consolidated Volume 492,320 7.9%
NYSE Group Share of Total Consolidated Volume
Handled Volume (2) 20.1% -0.4%
Matched Volume (3) 16.8% 0.2%
TRF Volume (4) 9.7% 5.5%
Exchange-Traded Funds (1,5)
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NYSE Group Handled Volume (2) 102,814 78.1%
NYSE Group Matched Volume (3) 89,817 74.6%
NYSE Group TRF Volume (4) 38,481 653.0%
Total ETF Consolidated Volume 309,978 124.0%
NYSE Group Share of Total Consolidated Volume
Handled Volume (2) 33.2% -8.5%
Matched Volume (3) 29.0% -8.2%
TRF Volume (4) 12.4% 8.7%
NYSE Euronext
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Monthly Volume Summary - Derivatives Products
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Average Daily Volume Total Volume
-------------------- ----------------------
(Unaudited; contracts in
thousands) Oct-08 Oct-07 % Chg Oct-08 Oct-07 % Chg
------ ------ ------ ------- ------- ------
Number of Trading Days -
European Markets 23 23 23 23
Number of Trading Days -
U.S. Markets 23 23 23 23
European Derivatives
Products 4,447 3,243 37.1% 102,270 74,593 37.1%
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Total Interest Rate
Products (6) 2,201 1,867 17.8% 50,612 42,949 17.8%
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Short Term Interest Rate
Products 2,107 1,772 18.9% 48,455 40,752 18.9%
Medium and Long Term
Interest Rate Products 94 96 -1.8% 2,157 2,197 -1.8%
Total Equity Products (7) 2,195 1,324 65.7% 50,485 30,459 65.7%
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Individual Equity
Products 1,253 771 62.6% 28,829 17,731 62.6%
Equity Index Products 942 553 70.1% 21,656 12,728 70.1%
of which Bclear 664 308 115.9% 15,276 7,076 115.9%
Individual Equity
Products 503 196 156.7% 11,570 4,508 156.7%
Equity Index
Products 161 112 44.3% 3,706 2,568 44.3%
Commodity Products 51 52 -1.1% 1,172 1,186 -1.1%
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U.S. Derivatives Products
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U.S. Derivatives Products
- Equity Options (8)
----------------------------------------------- ----------------------
NYSE Group Options
Contracts 2,584 1,660 55.6% 59,429 38,189 55.6%
Total Consolidated
Options Contracts 14,644 11,664 25.5% 336,805 268,276 25.5%
NYSE Group Share of
Total 17.6% 14.2% 17.6% 14.2%
Total Volume
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% Chg vs.
(Unaudited; contracts in thousands) YTD 2008 YTD 2007
--------- ---------
Number of Trading Days - European Markets 215
Number of Trading Days - U.S. Markets 212
European Derivatives Products 915,891 14.6%
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Total Interest Rate Products (6) 494,350 11.9%
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Short Term Interest Rate Products 471,816 13.0%
Medium and Long Term Interest Rate Products 22,534 -7.8%
Total Equity Products (7) 409,950 18.3%
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Individual Equity Products 263,261 21.2%
Equity Index Products 146,690 13.4%
of which Bclear 160,484 65.7%
Individual Equity Products 136,450 70.8%
Equity Index Products 24,034 41.5%
Commodity Products 11,591 10.4%
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U.S. Derivatives Products
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U.S. Derivatives Products - Equity Options (8)
-------------------------------------------------- -------------------
NYSE Group Options Contracts 387,721 49.9%
Total Consolidated Options Contracts 2,857,939 36.7%
NYSE Group Share of Total 13.6% 1.2%
(1) Includes all volume executed in NYSE Group crossing sessions.
(2) Represents the total number of shares of equity securities and
ETFs internally matched on the NYSE Group's exchanges or routed
to and executed at an external market center. NYSE Arca routing
includes odd-lots.
(3) Represents the total number of shares of equity securities and
ETFs executed on the NYSE Group's exchanges.
(4) Represents NYSE's volume in FINRA/NYSE Trade Reporting Facility
(TRF).
(5) Data included in previously identified categories.
(6) Data includes currency products.
(7) Includes all trading activities for Bclear, Euronext.liffe's
clearing service for wholesale equity derivatives.
(8) Includes trading in U.S. equity options contracts, not equity-
index options.
Source: NYSE Euronext, Options Clearing Corporation and
Consolidated Tape as reported for equity securities.
All trading activity is single-counted, except European cash
trading which is double counted to include both buys and sells.
