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NYSE Euronext Announces Trading Volumes For January 2013 - Global Derivatives ADV Up 27% Y-o-Y Driven By Strong Fixed Income Trading, Up 64% - U.S. Equity Options ADV Up 10% Y-o-Y; Record Market Share Of 29% - U.S. And European Cash ADV Declined Y-o-Y But Rebounded From December 2012 Levels

Date 11/02/2013

NYSE Euronext (NYX) today announced trading volumes for its global derivatives and cash equities exchanges for January 2013[1] Global derivatives average daily volume (“ADV”) of 9.5 million contracts in January 2013 increased 26.9% compared to January 2012, and increased 27.5% from December 2012 driven principally by stronger fixed income derivatives ADV which increased 64% year-over-year and 91% month-over-month. U.S. Equity options volumes rebounded in January 2013 with an increase of 9.9% compared to January 2012 and an increased of 17.9% from December 2012 levels. U.S. Equity options combined market share set a new record high of 29.4% in January 2013. Trading volumes in European and U.S. cash equities declined year-over-year, but improved from December 2012 levels.

Highlights 

  • NYSE Euronext global derivatives ADV in January 2013 of 9.5 million contracts increased 26.9% compared to January 2012 and increased 27.5% from December 2012 levels. 
  • NYSE Euronext European derivatives products ADV in January 2013 of 4.9 million contracts increased 51.0% compared to January 2012, and increased 39.4% from December 2012 levels.   Excluding Bclear, NYSE Liffe's trade administration and clearing service for OTC products, European derivatives products ADV increased 43.5% compared to January 2012 and increased 60.8% from December 2012. 
  • NYSE Euronext U.S. equity options (NYSE Arca and NYSE Amex) ADV of 4.6 million contracts in January 2013 increased 9.9% compared to January 2012 levels and increased by 17.9% from December 2012 levels.   NYSE Euronext’s U.S. options exchanges accounted for 29.4% of total U.S. consolidated equity options trading in January 2013, setting a new record high.
  • NYSE Euronext European cash products ADV of 1.3 million transactions in January 2013 decreased 14.4% compared to January 2012 but increased 21.0% compared to December 2012. 
  • NYSE Euronext U.S. cash products (NYSE, NYSE Arca and NYSE MKT) handled ADV of 1.6 billion shares in January 2012 decreased 14.4% compared to January 2012 but increased 1.5% compared to December 2012.   NYSE Euronext’s Tape A matched market share in January 2013 was 29.7%, down from 30.3% in January 2012 and down from 31.9% in December 2012. 

Derivatives Trading

European Derivatives  

  • NYSE Euronext European derivatives products ADV in January 2013 was 4.9 million futures and options contracts, an increase of 51.0% from January 2012 and an increase of 39.4% from December 2012. 
  • The 4.9 million in European derivatives futures and options contracts ADV in November 2012 consisted of 3.8 million contracts executed through our full-service LIFFE CONNECT trading platform and 1.0 million contracts, or 21.1%, executed through Bclear, NYSE Liffe's trade administration and clearing service for OTC products. Excluding Bclear, European derivatives products ADV increased 43.5% compared to January 2012 and increased 60.8% from December 2012.tal fixed income products ADV of 3.0 million contracts in January 2013 increased 64.3% from January 2012 and increased 90.8% from December 2012. 
  • Total equity products (including Bclear) ADV of 1.8 million contracts in January 2013 increased 34.2% compared to January 2012 but decreased 3.1% from December 2012.   The 1.8 million contracts in equity products ADV consisted of 1.3 million contracts in individual equity products ADV and 0.5 million contracts in equity index products ADV. The 1.3 million contracts in individual equity products ADV consisted of 0.8 million in futures contracts, which represented a 97.2% increase compared to January 2012 and 0.5 million in options contracts, which represented a 6.1% decrease compared to January 2012.
  • Total commodities products ADV of 89,000 contracts in January 2013 increased 18.5% compared to January 2012, but decreased 8.4% compared to December 2012.     

U.S. Derivatives

  • NYSE Euronext U.S. equity options (NYSE Arca and NYSE Amex) ADV of 4.6 million contracts in January 2012 increased 9.9% compared to January 2012 and increased 17.9% compared to December 2012. 
  • Total U.S. consolidated equity options ADV decreased 0.5% to 15.6 million contracts in January 2013 compared to January 2012, but increased 9.2% compared to December 2012. 
  • NYSE Euronext’s U.S. options exchanges accounted for 29.4% of the total U.S. consolidated equity options trading in January 2013 a new record high, up from 26.6% in January 2012 and up from 27.2% in December 2012.   NYSE Euronext was the #1 options exchange group in terms of market share in January.      
  • NYSE Liffe U.S. ADV of approximately 50,900 contracts decreased from 94,900 contracts in January 2012 and decreased from 72,600 contracts in December 2012. 

Cash Trading

European Cash

  • NYSE Euronext European cash products ADV of 1.3 million transactions in January 2013 decreased 14.4% compared to January 2012, but increased 21.0% compared to December 2012. 

U.S. Cash

  • NYSE Euronext U.S. cash products handled ADV in January 2013 decreased 14.4% to 1.6 billion shares compared to January 2012 but increased 1.5% from December 2012.   
  • NYSE Euronext’s Tape A matched market share in January 2013 was 29.7%, down from 30.3% in January 2012, and down from 31.9% in December 2012.

Exchange Traded Products

  • NYSE Euronext U.S. matched exchange-traded products ADV (included in volumes for Tape B and Tape C) of 191 million shares in January 2012 decreased 16.4% compared to January 2012 and decreased 1.3% compared to December 2012.       

Please click here for the Monthly Transaction Activity Data Table.


[1]   All NYSE Euronext derivatives transactions count buy and sell orders together as a single transaction.  NYSE Euronext European equities transactions count each buy and sell order as separate transactions, NYSE Euronext U.S. equities transactions count buy and sell orders together as a single transaction.