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Eurex, the international derivatives exchange, saw a turnover of approx. 172 million contracts in November, an increase of 32 percent compared with November 2006 (130 million contracts). On average, 7.8 million contracts were traded daily in November, the average daily turnover in 2007 is 7.5 million contracts. In addition, open interest stands currently at 144 million contracts.
73.2 million contracts were traded in the equity index derivatives segment in November, the segment with the highest turnover. Growth y-o-y was 57 percent compared with 46.6 million contracts in November 2006. The future on the DJ Euro STOXX 50 index saw 30 million contracts, followed by the option on this index with the second best monthly performance with 27.7 million contracts. The DAX option also reached its second-best monthly figure with 8.8 million contracts.
Equity derivatives (equity options and single stock futures) were up 47 percent, 34.6 million contracts were traded in this segment compared with 23.5 million in November 2006. Single stock futures, strongly growing by 59 percent (compared to October 2007), generated turnover of 3.5 million contracts.
The fixed-income derivatives segment recorded 64 million contracts (Nov 2006: 59.5 million). The Euro-Bund Future saw 27.8 million contracts (plus 4 percent y-o-y). On the Euro-Bobl Future, 14.3 million contracts were traded, up 11 percent y-o-y; and turnover on the Euro-Schatz Future rose by 17 percent y-o-y to 15.5 million contracts.
Eurex Repo, which operates CHF- and EUR repo markets, set in its money market segment Euro GC Pooling a new daily record with outstanding volume of €26.6 billion on 6 November. Average outstanding volume reached in November €21 billion, a plus of 81 percent y-o-y (Nov 2006: €11.6 billion). All Eurex Repo markets recorded in difficult market conditions an average outstanding volume of €93.3 billion.
Approximately €10.2 billion (single counting) was traded in November on the Eurex Bonds electronic trading platform, which rounds out Eurex’s range of fixed income product range, compared to €11.5 billion in October 2007.
