Euronext Posts Strong Volumes for September
- The exchange has posted strong volumes in all categories, including FX through FastMatch.
Euronext, the first pan-European exchange, today announced its trading volumes for the month of September 2017 which showed a large increase in its volumes from the previous month.
The average daily cash order value for the Euronext exchange came in at $8,608.1 million (€7,295 million) which was 14.6 percent more than in September 2016 and also 20.7 percent more than in the previous month.
The report also said that September 15 was the most active day of the year with $19,956.16 million (€16,912 million) being traded and this was also the ninth most active day since the year 2009.
On the other hand, the daily transaction value for ETFs came in at $509.76 (€432 million) which was down by 1.2 percent on a year-on-year basis but again, it was 20.9 percent more than what it was in August 2017. The rise in volumes is a clear indicator that traders are back at their desks after a brief lull during the holidays.
In August, Euronext acquired the stake of Credit Suisse in Fastmatch, which is a FX Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term for corporations. This has helped it to establish its presence in the FX segment, and Euronext has reported the volumes at FastMatch as well.
The average daily volume at FastMatch was $20,868 million, which is an increase of 52.5 percent over the same period last year and an increase of 28.4 percent from the previous month.
Overall, Euronext has posted some very strong volumes for the month of September 2017 that indicate improving Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term and volatility in the markets.
Euronext, the first pan-European exchange, today announced its trading volumes for the month of September 2017 which showed a large increase in its volumes from the previous month.
The average daily cash order value for the Euronext exchange came in at $8,608.1 million (€7,295 million) which was 14.6 percent more than in September 2016 and also 20.7 percent more than in the previous month.
The report also said that September 15 was the most active day of the year with $19,956.16 million (€16,912 million) being traded and this was also the ninth most active day since the year 2009.
On the other hand, the daily transaction value for ETFs came in at $509.76 (€432 million) which was down by 1.2 percent on a year-on-year basis but again, it was 20.9 percent more than what it was in August 2017. The rise in volumes is a clear indicator that traders are back at their desks after a brief lull during the holidays.
In August, Euronext acquired the stake of Credit Suisse in Fastmatch, which is a FX Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term for corporations. This has helped it to establish its presence in the FX segment, and Euronext has reported the volumes at FastMatch as well.
The average daily volume at FastMatch was $20,868 million, which is an increase of 52.5 percent over the same period last year and an increase of 28.4 percent from the previous month.
Overall, Euronext has posted some very strong volumes for the month of September 2017 that indicate improving Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term and volatility in the markets.