Derivatives
In June 2010 the trading volume in derivatives was 1.3 million instruments. In the January-June period in 2010 the trading volume in derivatives reached almost 8.2 million instruments, up by 24% compared to the same period in 2009. The number of open interest in all derivative instruments was 153 thousand instruments, up by 29% compared to June 2009.
Trading volume in the last 12 months (in the July 2009 – June 2010 period) was 15.4 million instruments and was up by 11% compared to 2009 trading volume.
In June 2010 the trading volume in WIG20 future contracts was 1.3 million contracts. The number of open interest in WIG20 future contract category was 98 thousand contracts at the end of June (up by 19% compared to June 2009).
June this year was another month of high interest shown by investors in WIG20 options. Monthly trading volume totaled 49 thousand options. Since the beginning of 2010 the trading volume on the WSE reached 341 thousand options, which accounts for 81% of trading volume in 2009. The number of open interest was 29 thousand options at the end of June (up by 75% compared to June 2009).
More statistics is available in Table No. 1 and in Figures Nos. 1 & 2.
Structured products
In June 2010 the trading value totaled PLN 77.16 million, of which PLN 76 MM was the trading value of structured certificates and PLN 1.16 million was the trading value of structured bonds. Trading volume was 616 thousand products.
In June 5 new instruments were listed. These included:- 3 structured certificates of Deutsche Bank A.G. London (DBW20E0313, DBHSCE0513, DBHSCE0413)
- <2 structured bonds of SecurAsset S.A. with a registered office in Luxembourg (BZTD30512, BZTD40512)
At the end of June this year 134 structured products were listed including 19 bonds and 115 certificates.
Table No. 1
Trading volumes (including block trades):- in June 2010
- in the January – June 2010 period
- in the last 12 months (in the period from July 2009 - June 2010)
Number of open interest at the end of June 2010.
|
INSTRUMENT |
|
NO.
OF OPEN INTEREST |
||||||||||
|
TRADING
VOLUME |
(pcs.) |
|||||||||||
|
(pcs.) |
|
|||||||||||
|
JUNE |
JANUARY-JUNE |
LAST
12 MONTHS |
2009 |
CHANGE
|
at
the end of JUNE |
|||||||
|
2010 |
2009 |
CHANGE
|
2010 |
2009 |
CHANGE
|
(Jul.
2009 – Jun. 2010) |
(%) |
2010 |
2009 |
CHANGE
|
||
|
(%) |
(%) |
|
(%) |
|||||||||
|
WIG20 CONTRACTS |
1 205
487 |
1
288 869 |
-6.47% |
7
554 928 |
6
019 859 |
25.50% |
14
301 484 |
12
766 415 |
12.02% |
98
315 |
82
442 |
19.25% |
|
mWIG40 CONTRACTS |
2 487
|
2
283 |
8.94% |
19
404 |
13
823 |
40.37% |
35
763 |
30
182 |
18.49% |
634 |
537 |
18.06% |
|
STOCK CONTRACTS |
32
558 |
45
530 |
-28.49% |
174
751 |
264
304 |
-33.88% |
376
204 |
465
757 |
-19.23% |
8
402 |
5
125 |
63.94% |
|
CURRENCY CONTRACTS |
11
992 |
10
922 |
9.80% |
63
521 |
108
940 |
-41.69% |
116
820 |
162
239 |
-28.00% |
2
679 |
1
460 |
83.49% |
|
WIG20 OPTIONS |
48 683
|
47 878 |
1.68% |
340 927 |
188 418 |
80.94% |
574 157 |
421 648 |
36.17% |
29 138 |
16 621 |
75.31% |
|
WIG20 PARTICIPATION UNITS |
1 552 |
1
810 |
-14.25% |
20
279 |
20
512 |
-1.14% |
41
928 |
42
161 |
-0.55% |
13
633 |
11
930 |
14.27% |
Graph no. 1
Annual turnover volume (session and block trades) in 1998 – June 2010 in all WSE derivatives instruments (million instruments)
 |
Source: WSE
Graph no. 2
Number of open interest at year end and at the end of June 2010 in all derivative instruments (thousand instruments).
 |
Source: WSE
Graph no. 3
Number of listed structured products (12.2006-06.2010)
 |
Source: WSE
