Euronext Posts Strong YoY Volumes in August
- Euronext posts strong numbers on a YoY basis but a decline MoM.
Euronext, the first pan-European 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, today announced its August 2017 trading volumes. Volumes dipped when compared to last month but were generally flat or better on a year-on-year basis.
Euronext’s average daily cash order value came in at $7,254 million (€6,045 million) which was 24.8 percent more than in August 2016 but down by 18.9 percent from July 2017. This could be due to the fact that it was a holiday period in the month of August, and so trading activity was lighter than in July.
In other sections of the exchange, the daily transaction value for Exchange Traded Funds (ETFs) also showed an increase of 6.5 percent on a year-on-year basis as it came in at 357 million euros, but again, it was down by 23.4 percent compared to last month.
The average daily volume on equity index derivatives also showed a sharp rise when compared to last year as it reached 217,978 contracts, 37.4 percent more year-on-year, but down by 2.5 percent when compared to last month.
On a year-to-date basis, the overall average daily volume of Euronext derivatives came in at 554,243 contracts, which was 11.6 percent more than the volume during the same period last year, a jump which indicates good Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term in the markets.
Euronext, the first pan-European 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, today announced its August 2017 trading volumes. Volumes dipped when compared to last month but were generally flat or better on a year-on-year basis.
Euronext’s average daily cash order value came in at $7,254 million (€6,045 million) which was 24.8 percent more than in August 2016 but down by 18.9 percent from July 2017. This could be due to the fact that it was a holiday period in the month of August, and so trading activity was lighter than in July.
In other sections of the exchange, the daily transaction value for Exchange Traded Funds (ETFs) also showed an increase of 6.5 percent on a year-on-year basis as it came in at 357 million euros, but again, it was down by 23.4 percent compared to last month.
The average daily volume on equity index derivatives also showed a sharp rise when compared to last year as it reached 217,978 contracts, 37.4 percent more year-on-year, but down by 2.5 percent when compared to last month.
On a year-to-date basis, the overall average daily volume of Euronext derivatives came in at 554,243 contracts, which was 11.6 percent more than the volume during the same period last year, a jump which indicates good Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term in the markets.