Eurex Group Suffers From Declining ADV in February, Snapping Strong 2016 Start

Despite an upbeat performance in January, Eurex's volumes took a step back this month, underpinned by an uneven performance across

Eurex Group has reported its monthly volumes for February 2016, which retreated slightly from last month’s rising figures, according to a Eurex statement.

Last month, Eurex managed to secure an strong performance of trading volumes, seeing an average daily volume (ADV) of 10.2 million contracts in January 2016, which was good for a 3.0% climb MoM from December 2015.

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Moving to February 2016 however, the exchange’s strength saw a consecutive monthly streak snapped, as the exchange saw an ADV of only 9.8 million contracts, which corresponded to a decline of -3.9% MoM from 10.2 million contracts in January 2016, essentially paring the recent gains in the New Year. Across a yearly timetable however, Eurex’s February 2016 ADV did manage to secure a growth of 25.6% YoY from just 7.8 million contracts in February 2015.

Equity Index Inches Higher

Eurex’s leading installment of equity index derivatives (combining both equity options and single stock futures) yielded a tepid climb to 80.7 million contracts in February 2016 – this was good for a 1.0% boost MoM from 79.9 million contracts in January 2016, its second consecutive monthly rise. Moreover, February’s volumes also showed a pronounced increase of 41.3% YoY from just 57.1 million contracts in February 2015.

Interest Rate Derivatives Slingshot Higher

Eurex also saw a much better performance across its interest rate derivatives segment, especially when weighed against last month. During February 2016, the group reported a figure of 42.5 million contracts traded, up 20.4% MoM from 35.3 million contracts in January 2016, as well as 25.4% YoY from 33.9 million contracts in February 2015.

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