Eurex Group’s April Volumes Crumble MoM, Threatening 2016 Lows
- Eurex's April figures could not secure a consecutive monthly growth, paring all of the previous month's gains.
Eurex Group has released its latest tranche of volumes for the month ending April 2016, which again returned to a diminishing trajectory that saw its ADV fall MoM, according to a Eurex statement.
The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term, Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
In April 2016, Eurex saw an average-daily-volume (ADV) of just 8.4 million contracts, which represented a sizable retreat off of a previous yearly high and March figure of 10.5 million contracts. This constituted a fall of -20.0% MoM, though edging higher steadily from 8.3 million contracts per day in April 2015 or 1.2% higher YoY.
Equity Index Contracts Pointed Lower
Eurex’s leading installment of equity index derivatives (combining both equity options and single stock futures) also yielded a much lower volume during the month of April 2016, having fallen to 62.7 million contracts, down -32.2% MoM from 92.5 million contracts in March 2016 – over a yearly timeframe, this figure did illustrate a sizable jump of 20.6% YoY from 52.0 million contracts in April 2015.
Interest Rate Derivatives Take Big Step Back
In terms of its interest rate derivatives segment, Eurex also showed a forgettable performance across its volumes during April 2016. Despite securing a sizable growth last month, Eurex’s interest rate derivatives crumbled to just 35.0 million contracts for the month, easily erasing last month’s gain and justifying a MoM decrease of 35.1% MoM from 53.9 million contracts in March 2016. As was the case across the rest of its business, despite the waning figures relegated to a MoM snapshot, the latest derivatives volumes did manage to best its 2015 counterpart by a factor of 10.8% YoY from 31.6 million in March 2015.
Eurex Group has released its latest tranche of volumes for the month ending April 2016, which again returned to a diminishing trajectory that saw its ADV fall MoM, according to a Eurex statement.
The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term, Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
In April 2016, Eurex saw an average-daily-volume (ADV) of just 8.4 million contracts, which represented a sizable retreat off of a previous yearly high and March figure of 10.5 million contracts. This constituted a fall of -20.0% MoM, though edging higher steadily from 8.3 million contracts per day in April 2015 or 1.2% higher YoY.
Equity Index Contracts Pointed Lower
Eurex’s leading installment of equity index derivatives (combining both equity options and single stock futures) also yielded a much lower volume during the month of April 2016, having fallen to 62.7 million contracts, down -32.2% MoM from 92.5 million contracts in March 2016 – over a yearly timeframe, this figure did illustrate a sizable jump of 20.6% YoY from 52.0 million contracts in April 2015.
Interest Rate Derivatives Take Big Step Back
In terms of its interest rate derivatives segment, Eurex also showed a forgettable performance across its volumes during April 2016. Despite securing a sizable growth last month, Eurex’s interest rate derivatives crumbled to just 35.0 million contracts for the month, easily erasing last month’s gain and justifying a MoM decrease of 35.1% MoM from 53.9 million contracts in March 2016. As was the case across the rest of its business, despite the waning figures relegated to a MoM snapshot, the latest derivatives volumes did manage to best its 2015 counterpart by a factor of 10.8% YoY from 31.6 million in March 2015.