European Exchange Euronext Cashes in on Festive Trading Session with $19 Bln in Value

Financial traders welcomed the recent boost in financial markets as they enter the last trading session of the year. With major indices catching onto the Santa-rally-leading European trading venue, Euronext reported strong trading metrics on the 19th of December. 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 saw the daily value of transactions exceed 19 billion dollars, a figure last seen in 2011.

Euronext, a pan-European exchange in the Eurozone that was established in the year 2000, benefited from an outburst in trading volumes across its products. The venue announced that the 19th of December 2014, was its most active day in terms of trading in 2014 and the most active day on its market since March 2011. The venue saw a total value of $19.45 billion executed across all its cash products; equities; ETFs; warrants and certificates; and bonds.

Danielle Ballardie, pictured, head of Cash Markets at Euronext, commented in a statement: “We are delighted to see our cash markets producing such strong trading figures. This demonstrates the positive impact of the reinvigoration of Euronext's cash business during 2014.

"We will continue to optimize our business in 2015 and drive real innovation through consultation with members to offer superior market quality and to help market participants prepare for MiFID II.”

On Friday the 19th, the CAC 40, one of Euronext’s key benchmark indices, reached an intraday high of 4,288.

The latest figures follow on from the exchange’s recent triumph in its wheat commodities offering. On the 16th of December, the venue reported that its commodities franchise achieved a second lifetime record of daily volumes in the same month in milling-wheat futures, with 92,531 contracts traded.

Milling-wheat-futures volume represented over 4.6 million tons on the 16th of December 2014. The previous record was set on December 2nd, 2014 with 88,194 contracts or 4.4 million tons traded.

The Toronto 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 also reported strong metrics for the 19th of December with over 1.5 billion in transactions executed.