Eurex Group has released its monthly volumes for March 2016, showing a slight rebound from last month though ultimately failing to break out of a tight consolidation of volumes in the New Year, according to a Eurex statement.
Back in February, Eurex saw a generally weak performance across its figures, having seen an average daily volume (ADV) of just 9.8 million contracts – this was reflective of a -3.9% MoM decline from January 2016, underpinning the exchange with uneven volumes so far this year.
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In March 2016 however, the Eurex managed to report upbeat figures however, with the exchange disclosing an ADV of 10.5 million contracts, a yearly high in 2016, and a 7.1% MoM gain from 9.8 million contracts in the month prior. Across a yearly timetable, Eurex’s March 2016 ADV also was to secure a rise of 9.4% YoY from just 9.6 million contracts in March 2015.
Equity Index Strong Performance
Eurex’s leading installment of equity index derivatives (combining both equity options and single stock futures) saw a healthy rise to 92.5 million contracts in March 2016 – this was good for a 14.6% boost MoM from 80.7 million contracts in February 2016, its largest figure in 2016. Furthermore, March 2016’s volumes also showed a sustained increase of 16.9% YoY from 79.1 million contracts in March 2015.
Interest Rate Derivatives Continue Climb
By extension, Eurex also yielded a solid performance across its interest rate derivatives segment, especially when measured against last month. During March 2016, the group reported a figure of 53.9 million contracts traded, up 26.8% MoM from 42.5 million contracts in February 2016, as well as 5.5% YoY from 51.1 million contracts in March 2015.