Euronext Dublin Sees MoM Decrease in Securities Trading
- The Irish exchange also saw an increase in government bonds trading in April
Euronext Dublin released its monthly report for April 2018 this Friday. The Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term, which recently rebranded having been known as the Irish Stock Exchange, saw substantial decreases in monthly turnover in the securities and bond markets.
While March 2018 saw the Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term finishing the month with €8.50 billion ($10.12 billion) in securities trading turnover, this was down to €7.20 billion ($8.57 billion) at the end of April. This was a 15 percent month on month reduction.
The reduction in overall trading revenues reflected a downturn in average daily trading. In March traders averaged €424.95 ($505.76) million daily trading in securities. This figure shrunk to €353.85 ($421.14) in April - a 17 percent decrease.
The number of securities deals made on the exchange in April also shrank. From a high of 723,592 deals in March, the Irish exchange saw a low of 531,510 deals in April.
Securities down, bonds up
The decline in securities trading revenues was matched by a rise in Irish Government Bond (IGB) trading revenues. At the close of April, the stock exchange had total bond trading volumes for the month of 30.91 billion, nearly double the 16.85 billion in March.
In financial terms, this meant revenues for IGBs increased from €17.99 billion in March to €31.24 billion in April. This represented a 173 percent month on month increase.
Growth in total IGB trading also meant greater average daily trading values. These increased from €900 million in March to €1.60 billion in April.
Euronext Dublin released its monthly report for April 2018 this Friday. The Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term, which recently rebranded having been known as the Irish Stock Exchange, saw substantial decreases in monthly turnover in the securities and bond markets.
While March 2018 saw the Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term finishing the month with €8.50 billion ($10.12 billion) in securities trading turnover, this was down to €7.20 billion ($8.57 billion) at the end of April. This was a 15 percent month on month reduction.
The reduction in overall trading revenues reflected a downturn in average daily trading. In March traders averaged €424.95 ($505.76) million daily trading in securities. This figure shrunk to €353.85 ($421.14) in April - a 17 percent decrease.
The number of securities deals made on the exchange in April also shrank. From a high of 723,592 deals in March, the Irish exchange saw a low of 531,510 deals in April.
Securities down, bonds up
The decline in securities trading revenues was matched by a rise in Irish Government Bond (IGB) trading revenues. At the close of April, the stock exchange had total bond trading volumes for the month of 30.91 billion, nearly double the 16.85 billion in March.
In financial terms, this meant revenues for IGBs increased from €17.99 billion in March to €31.24 billion in April. This represented a 173 percent month on month increase.
Growth in total IGB trading also meant greater average daily trading values. These increased from €900 million in March to €1.60 billion in April.