Euronext’s FX Trading Volume Witnesses a Surge of 8.7% in June 2021

by Felipe Erazo
  • The average daily volume in FX on Euronext saw an increase of 3.8% on a monthly basis.
Euronext’s FX Trading Volume Witnesses a Surge of 8.7% in June 2021
Photo: Bloomberg

Euronext, a Pan-European trading venue operator, published its trading volume metrics for June 2021 on Wednesday. According to the report, its total number of transactions for the cash market during the period was 67,589,560, falling by -7% on a month-over-month basis, and with a -27% change in a yearly reading.

On the other hand, the average daily volume (ADV) for the same market was 3,072,253, which is down -11% compared with the previous month and -27% on a year-over-year basis. For the fixed income market, its ADV was 819, which is down -5% on a month-over-month reading and with a substantial decline of -25% compared with the same period last year.

Moving onto the FX market, the total Euronext FX volume for June was $425.73 billion, which is up 8.7% compared to the previous month, but its year-over-year reading stood negative at -12.2%. Also, its ADV hit $19.35 billion, which is up 3.8% on a month-over-month basis and with the exact yearly negative figure as the FX volume had.

In addition, the derivatives market witnessed some negative figures on most of its fronts. For example, total futures lots in June were 8,218,485, which is up 7.1% compared to the previous month, while total options lots were 7,996,299, which had a negative monthly change of -10.4%, according to Euronext. Total ADV for both futures and options were 373,568 and 363,468, respectively.

May Report Saw a Slight Decline in FX Volume

As Finance Magnates reported for Euronext’s May report, the total number of transactions done in the cash market was 72,747,502 in the month, which was up 5.2% month-over-month from the April figures and were 69,183,400. Moreover, the ADV for May hit 3,464,767. This was slightly up 0.1% month-over-month from 3,459,170 as seen in the prior month. Regarding the ADV FX in Euronext, May figures showed nearly $18.64 billion, which was up 4.4% month-over-month from April numbers and were $17.85 billion.

Euronext, a Pan-European trading venue operator, published its trading volume metrics for June 2021 on Wednesday. According to the report, its total number of transactions for the cash market during the period was 67,589,560, falling by -7% on a month-over-month basis, and with a -27% change in a yearly reading.

On the other hand, the average daily volume (ADV) for the same market was 3,072,253, which is down -11% compared with the previous month and -27% on a year-over-year basis. For the fixed income market, its ADV was 819, which is down -5% on a month-over-month reading and with a substantial decline of -25% compared with the same period last year.

Moving onto the FX market, the total Euronext FX volume for June was $425.73 billion, which is up 8.7% compared to the previous month, but its year-over-year reading stood negative at -12.2%. Also, its ADV hit $19.35 billion, which is up 3.8% on a month-over-month basis and with the exact yearly negative figure as the FX volume had.

In addition, the derivatives market witnessed some negative figures on most of its fronts. For example, total futures lots in June were 8,218,485, which is up 7.1% compared to the previous month, while total options lots were 7,996,299, which had a negative monthly change of -10.4%, according to Euronext. Total ADV for both futures and options were 373,568 and 363,468, respectively.

May Report Saw a Slight Decline in FX Volume

As Finance Magnates reported for Euronext’s May report, the total number of transactions done in the cash market was 72,747,502 in the month, which was up 5.2% month-over-month from the April figures and were 69,183,400. Moreover, the ADV for May hit 3,464,767. This was slightly up 0.1% month-over-month from 3,459,170 as seen in the prior month. Regarding the ADV FX in Euronext, May figures showed nearly $18.64 billion, which was up 4.4% month-over-month from April numbers and were $17.85 billion.

About the Author: Felipe Erazo
Felipe Erazo
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Felipe earned a degree in journalism at the University of Chile with the highest honour in the overall ranking, and he also holds a Bachelor of Arts in Social Communication. In addition, he has been working as a freelance writer and Forex/crypto analyst, with experience gained from several forex broker firms and crypto-related media outlets around the world. He has been involved in the world of online forex trading since 2010 and in the crypto sphere since 2015.

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