Euronext’s April Turnover Surges on French Electoral Volatility

by Jeff Patterson
  • For the third straight month Euronext's volume performed strongly, led by ETFs and equities.
Euronext’s April Turnover Surges on French Electoral Volatility
Bloomberg

Euronext, one of Europe’s largest exchanges, has reported its latest monthly total trading volumes for April 2017, having secured a third consecutive monthly growth in its figures, which has solidified an uptrend heading into H2.

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April’s volumes increase was largely attributed to more active market trading, which included a boost in Volatility courtesy of French elections, a notable departure from last month. During April 2017, Euronext’s average daily cash orders came in at $9,247 million (€8,458 million), rising 14.3 percent month-over-month from $8,083 million (€7,394 million), in March 2017. This reading was however also higher over a yearly timeframe, rising by 21.7 percent year-over-year from April 2016.

Volumes Performance on the Upswing

In terms of other segments at Euronext, the group’s Exchange -traded-funds (ETFs) were unable to register any growth in trading activity during March 2017. This segment jumped to $600.2 million (€549.0 million) in April 2017, relative to $558.7 million (€511.0 million) just one month ago, or 7.4 percent higher month-over-month.

Looking at these figures relative to the year prior, April 2017’s performance was unchanged on a year-over-year basis from April 2016. Euronext’s equity index derivatives also retreated in April 2017, a surge to 272,141 contracts, or 19.6 percent higher month-over-month from 227,450 contracts in March 2017.

Additionally, the ADV of individual equity derivatives were pointed higher in April 2017 to 264,189, relative to 255,795 contracts in March 2017 or 3.3 percent higher month-over-month.

Finally, precious metal prices finally also recorded losses in volumes over the past month. Euronext saw its ADV in its commodities derivatives come in at 61,013 contracts for April 2017, or higher by 10.5 percent month-over-month from just 55,225 contracts in March 2017.

Euronext, one of Europe’s largest exchanges, has reported its latest monthly total trading volumes for April 2017, having secured a third consecutive monthly growth in its figures, which has solidified an uptrend heading into H2.

The London Summit 2017 is coming, get involved!

April’s volumes increase was largely attributed to more active market trading, which included a boost in Volatility courtesy of French elections, a notable departure from last month. During April 2017, Euronext’s average daily cash orders came in at $9,247 million (€8,458 million), rising 14.3 percent month-over-month from $8,083 million (€7,394 million), in March 2017. This reading was however also higher over a yearly timeframe, rising by 21.7 percent year-over-year from April 2016.

Volumes Performance on the Upswing

In terms of other segments at Euronext, the group’s Exchange -traded-funds (ETFs) were unable to register any growth in trading activity during March 2017. This segment jumped to $600.2 million (€549.0 million) in April 2017, relative to $558.7 million (€511.0 million) just one month ago, or 7.4 percent higher month-over-month.

Looking at these figures relative to the year prior, April 2017’s performance was unchanged on a year-over-year basis from April 2016. Euronext’s equity index derivatives also retreated in April 2017, a surge to 272,141 contracts, or 19.6 percent higher month-over-month from 227,450 contracts in March 2017.

Additionally, the ADV of individual equity derivatives were pointed higher in April 2017 to 264,189, relative to 255,795 contracts in March 2017 or 3.3 percent higher month-over-month.

Finally, precious metal prices finally also recorded losses in volumes over the past month. Euronext saw its ADV in its commodities derivatives come in at 61,013 contracts for April 2017, or higher by 10.5 percent month-over-month from just 55,225 contracts in March 2017.

About the Author: Jeff Patterson
Jeff Patterson
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About the Author: Jeff Patterson
Head of Commercial Content
  • 5335 Articles
  • 90 Followers

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