Eurex Sees Solid Growth in Index Derivatives during August

On 7 September 2022, Eurex posted trading volumes for August 2022. In the reported period, the exchange witnessed a jump of almost 25% in index derivatives as the traded contracts reached 58.7 million, compared to 47 million in August 2021.

Interest rate derivatives, on the other hand, saw the strongest growth as the volume climbed by approximately 31% YoY. The overall volume related to financial derivatives jumped 22%. However, equity derivatives touched 15.3 million, which is down 8% compared to the same period last year.

“Total traded derivatives contracts at Eurex grew by 22 percent in August, from 101.4 million to 123.6 million compared to the same month last year. Interest rate derivatives again showed strong year-on-year growth, up 31 percent from 37.6 million traded contracts to 49.5 million, while index derivatives grew by 25 percent, from 47.0 million traded contracts to 58.7 million. Total contracts traded in equity derivatives fell by 8 percent to 15.3 million,” Eurex highlighted.

In February 2022, Eurex announced the expansion of its product offering and added new MSCI derivatives.

OTC Clearing

In the recent announcement, Eurex noted that the exchange saw a substantial jump in volumes related to OTC Clearing as the notional outstanding volumes touched 28,792 billion EUR, which is up by 40% compared to the same period last year.

“Outstanding notional volumes in OTC clearing continued to grow in August, rising overall by 40 percent. Overall outstanding volume stood at EUR 28,792 billion at the end of August compared to EUR 20,612 billion the year before – with interest rate swaps and overnight index swaps posting growth of 28 percent and 122 percent, respectively. Average daily cleared volumes increased by 125 percent overall, with interest rate swaps and overnight index swaps recording growth rates of +9 percent and +58 percent, respectively,” Eurex added.