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, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.

Join the iFX EXPO Asia and discover your gateway to the Asian Markets

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.

Suggested articles

FXTM Appoints Marcelo Spina as Global Head of PartnershipsGo to article >>

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

Got a news tip? Let Us Know