Nasdaq’s April Equities Volume Topples Off Recent Highs in US, Europe

Nasdaq (Nasaq:NDAQ), the second-largest Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term in the world by market capitalization, has just released its monthly batch of trading volumes and metrics for April 2017 – the latest readings showed a pullback across the board for multiple segments, namely in the United States, given lower Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term and a reduced trading schedule.

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In April 2017, Nasdaq pared all of last month’s volumes gains across its equity derivatives business. In light of lower volatility relative to last month, volumes in this segment were higher, as indicated by a figure of 113.0 million contracts. This reading shows a loss of -16.9 percent month-over-month 136.0 million contracts in March 2017, retreating off its recently established two-year high.

The latest measure did manage to beat its 2016 counterpart, rising by 50.6 percent year-over-year from just 75.0 million contracts in April 2016. Consequently, April 2017 resulted in the lowest equity derivatives volume of 2017, with a lighter trading schedule factoring into the decline.

The negative performance also extended to Nasdaq’s European business over the same month-over-month period, with its European equity derivatives registering a downward performance in April 2017. Nasdaq reported 5.9 million contracts in April 2017, compared to 8.1 million contracts in March 2017, or -27.2 percent lower month-over-month.

This fall was also congruent over a year-over-year basis, retreating -27.2 percent from 8.1 million contracts in April 2016.

FICC Business Trending Lower

Nasdaq’s April 2017’s figures were also lower across Fixed Income, Currencies and Commodities business (FICC). More specifically, US fixed income volume (in billion USD traded) yielded $1,481 for the month ending April 2017. This figure fell -17.4 percent month-over-month from $1,794 in March 2017, falling off a 2017 high – the reading -10.3 percent lower year-over-year from $1,659 in April 2016.

In terms of European fixed income, April 2017’s metrics were equally weaker, showing an abrupt decline in its volumes month-over-month. April 2017 saw 2.0 million contracts, down -28.6 percent month-over-month from just 2.8 million contracts in March 2017 though only down -4.8 percent year-over-year from April 2016.