NYSE Euronext (NYX) experienced record trading activity on its U.S. cash equities exchanges and all of its derivatives operations for the month of September 2008. In addition, NYSE Euronext's markets added 60 new corporate listings and 75 Exchange Traded Products.
Global Cash Equities:
- NYSE Euronext's four European cash equities exchanges traded an average daily volume of 1.8 million transactions(1) in September 2008, up 44.4% compared to September 2007. Based on total monthly cash volume of 40.7 million transactions, September was the second-busiest month ever for trading in Euronext's cash equity markets. Pack Epsilon, a dedicated pricing package for high frequency traders launched on July 1, accounted for approximately 30% of total European equity volumes in September.
- NYSE Euronext's U.S. cash equities exchanges, NYSE and NYSE Arca, reported average daily volume of 4.4 billion shares handled(2) during September, an increase of 71.5% versus the same period last year. NYSE Euronext's U.S. cash equities exchanges experienced their most active month, week and days in history, including an all-time NYSE Group trading record of 7.3 billion shares handled on Sept. 18. NYSE Group's matched market share increased in NYSE-listed, NYSE Arca & Amex-listed and Nasdaq-listed shares in September 2008 versus August 2008.
Global Derivatives:
- NYSE Euronext's derivatives trading operations on Liffe traded average daily volume of 4.8 million contracts in September; or 3.8 million contracts excluding Bclear. Bclear processed an average daily volume of 1.0 million equity derivative contracts, an increase of 36.1% versus September 2007. Based on total monthly volume for all European derivative operations, Liffe experienced its busiest month ever, trading a total of 106 million futures and options contracts, up 10.3% from September last year. Liffe also registered a record volume day on Sept. 16 with over 9.9 million contracts transacted.
- NYSE Arca Options traded an average daily volume of 2.0 million contracts during the month, an increase of 65.7% compared to September 2007. In addition, NYSE Arca Options' market share increased in September 2008 versus August 2008. For equity options trading in the SEC Penny Pilot program, NYSE Arca Options executed 13.6% of all eligible issues in September 2008.
Global Listings:
- In September, NYSE Euronext's markets added 60 new corporate listings: 56 in the U.S. and four in Europe.
- The NYSE listed two structured products, while NYSE Arca listed 49 Exchange Traded Products (ETPs) and European markets listed 26 ETPs, excluding the turnover in warrants and certificates, bringing the total number of Exchange Traded Products listed on all NYSE Euronext markets to 754.
NYSE Euronext
Monthly Volume Summary - Cash Products
----------------------------------------------------------------------
Average Daily
Volume Total Volume Total Volume
------------------ --------------------- --------------
% Chg
vs.
Sep- Sep- YTD YTD
(Unaudited) 08 07 % Chg Sep-08 Sep-07 % Chg 2008 2007
----- ----- ------ ------- ------ ------ ------- ------
Number of
Trading Days
- European
Markets 22 20 22 20 192
Number of
Trading Days
- U.S.
Markets 21 19 21 19 189
European Cash
Products
(trades in
thousands) 1,848 1,280 44.4% 40,661 25,597 58.8% 292,870 24.2%
Equities 1,787 1,231 45.1% 39,316 24,628 59.6% 282,904 25.2%
Exchange-
Traded Funds 11 6 79.0% 232 118 96.9% 1,496 37.3%
Structured
Products 46 37 22.7% 1,003 743 35.0% 7,470 -1.9%
Bonds 5 5 -7.9% 110 108 1.3% 1,000 -20.3%
U.S. Cash
Products
(shares in
millions)( 2) 4,366 2,545 71.5% 91,684 48,355 89.6% 632,836 17.0%
NYSE Listed
Issues (1)
NYSE Group
Handled
Volume (2) 3,179 2,006 58.5% 66,768 38,123 75.1% 469,306 11.9%
NYSE Group
Matched
Volume (3) 2,872 1,808 58.8% 60,308 34,354 75.5% 423,333 8.5%
NYSE Group
TRF Volume
(4) 517 148 250.2% 10,853 2,804 287.1% 55,983 729.0%
Total NYSE
Listed
Consolidated
Volume 6,812 3,224 111.3% 143,061 61,260 133.5% 905,642 45.7%
NYSE Group
Share of
Total
Consolidated
Volume
Handled
Volume (2) 46.7% 62.2% 46.7% 62.2% 51.8%
Matched
Volume (3) 42.2% 56.1% 42.2% 56.1% 46.7%
TRF Volume
(4) 7.6% 4.6% 7.6% 4.6% 6.2%
NYSE Arca &
Amex Listed
Issues
NYSE Group
Handled
Volume (2) 669 200 235.2% 14,056 3,794 270.5% 77,835 104.9%
NYSE Group
Matched
Volume (3) 586 170 245.9% 12,316 3,221 282.4% 67,670 106.2%
NYSE Group
TRF Volume
(4) 286 34 744.5% 6,007 644 833.4% 27,179 912.6%
Total NYSE
Arca & Amex
Listed
Consolidated
Volume 2,037 572 256.3% 42,783 10,865 293.8% 237,723 137.4%
NYSE Group
Share of
Total
Consolidated
Volume
Handled
Volume (2) 32.9% 34.9% 32.9% 34.9% 32.7%
Matched
Volume (3) 28.8% 29.6% 28.8% 29.6% 28.5%
TRF Volume
(4) 14.0% 5.9% 14.0% 5.9% 11.4%
Nasdaq Listed
Issues
NYSE Group
Handled
Volume (2) 517 339 52.6% 10,860 6,438 68.7% 85,696 2.5%
NYSE Group
Matched
Volume (3) 443 271 63.5% 9,294 5,142 80.7% 71,772 5.1%
NYSE Group
TRF Volume
(4) 289 140 105.9% 6,066 2,666 127.5% 41,536 162.3%
Total Nasdaq
Listed
Consolidated
Volume 2,531 1,925 31.5% 53,157 36,574 45.3% 428,240 5.4%
NYSE Group
Share of
Total
Consolidated
Volume
Handled
Volume (2) 20.4% 17.6% 20.4% 17.6% 20.0%
Matched
Volume (3) 17.5% 14.1% 17.5% 14.1% 16.8%
TRF Volume
(4) 11.4% 7.3% 11.4% 7.3% 9.7%
Exchange-
Traded Funds
(1,5)
NYSE Group
Handled
Volume (2) 708 264 167.9% 14,862 5,018 196.1% 82,759 62.1%
NYSE Group
Matched
Volume (3) 623 233 167.3% 13,075 4,426 195.4% 72,391 58.8%
NYSE Group
TRF Volume
(4) 325 46 602.7% 6,831 879 676.7% 30,138 678.1%
Total ETF
Consolidated
Volume 2,171 689 215.0% 45,600 13,096 248.2% 250,137 107.6%
NYSE Group
Share of
Total
Consolidated
Volume
Handled
Volume (2) 32.6% 38.3% 32.6% 38.3% 33.1%
Matched
Volume (3) 28.7% 33.8% 28.7% 33.8% 28.9%
TRF Volume
(4) 15.0% 6.7% 15.0% 6.7% 12.0%
NYSE Euronext
----------------------------------------------------------------------
Monthly Volume Summary - Derivatives Products
----------------------------------------------------------------------
Average Daily
Volume Total Volume Total Volume
------------------- --------------------- ---------------
(Unaudited; % Chg
contracts vs.
in Sep- Sep- Sep- Sep- YTD YTD
thousands) 08 07 % Chg 08 07 % Chg 2008 2007
------ ----- ------ ------- ------- ----- --------- -----
Number of
Trading
Days -
European
Markets 22 20 22 20 192
Number of
Trading
Days - U.S.
Markets 21 19 21 19 189
European
Derivatives
Products 4,800 4,787 0.3% 105,605 95,739 10.3% 813,622 12.3%
Total
Interest
Rate
Products
(6) 2,274 2,691 -15.5% 50,021 53,822 -7.1% 443,738 11.2%
Short Term
Interest
Rate
Products 2,165 2,585 -16.3% 47,631 51,706 -7.9% 423,361 12.4%
Medium and
Long Term
Interest
Rate
Products 109 106 2.7% 2,390 2,116 13.0% 20,377 -8.4%
Total Equity
Products
(7) 2,477 2,040 21.4% 54,483 40,796 33.5% 359,465 13.7%
Individual
Equity
Products 1,614 1,365 18.2% 35,499 27,302 30.0% 234,432 17.5%
Equity
Index
Products 863 675 27.9% 18,984 13,495 40.7% 125,033 7.2%
of which
Bclear 995 731 36.1% 21,884 14,619 49.7% 145,208 61.7%
Individual
Equity
Products 858 618 38.8% 18,875 12,358 52.7% 124,880 65.7%
Equity
Index
Products 137 113 20.9% 3,008 2,261 33.0% 20,328 41.0%
Commodity
Products 50 56 -10.7% 1,101 1,121 -1.8% 10,418 11.8%
U.S.
Derivatives
Products -
Equity
Options (8)
NYSE Arca
Options
Contracts 2,007 1,211 65.7% 42,140 23,010 83.1% 328,292 48.9%
Total Con-
solidated
Options
Contracts 16,252 9,622 68.9% 341,302 182,814 86.7% 2,521,133 38.3%
NYSE Group
Share of
Total 12.3% 12.6% 12.3% 12.6% 13.0% 0.9%
(1) Includes all volume executed in NYSE Group crossing sessions.
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
(2) includes odd-lots.
Represents the total number of shares of equity securities and
(3) ETFs executed on the NYSE Group's exchanges.
Represents NYSE's volume in FINRA/NYSE Trade Reporting Facility
(4) (TRF).
(5) Data included in previously identified categories.
(6) Data includes currency products.
Includes all trading activities for Bclear, Euronext.liffe's
(7) clearing service for wholesale equity derivatives.
Includes trading in U.S. equity options contracts, not equity-
(8) 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.
