June Heatwave in France Bolstered Euronext’s Commodities Derivatives ADV

Individual equity derivatives ADV rose 84.4 percent MoM, among other significant increases.

The pan-European exchange Euronext has released its metrics and volumes for June 2017, and there are noticeable increases on a year-on-year basis. Month-on-month, the exchange maintained stability despite ups and downs in the volumes of several instruments

The London Summit 2017 is coming, get involved!

Join the iFX EXPO Asia and discover your gateway to the Asian Markets

Average Daily Transaction Value and ETFs

In June 2017, average daily transaction value at Euronext was €8,242 million, decreasing by 2.7 percent from the preceding May. Looking back at June 2016, the decline is a mere 1.2 percent. ETFs average daily transactions came to €414 million, a decrease of 39.4 percent on a year-on-year basis, and a further 24.5 percent drop from May 2017.

Equity Index Derivatives ADV

Equity index derivatives average daily volume (ADV) remained stable having reached 247,489 contracts in June 2017, up 1.1 percent compared to last year’s results. An increase of 11 percent was noted on a month-on-month basis. Individual equity derivatives ADV increased by 84.4 percent on a year-on-year basis, reaching 464,604 contracts. Month-on-month the growth was estimated at 78.5 percent.

Suggested articles

Amid Ongoing Uncertainty, Is the Crypto Industry Stepping Up? Go to article >>

Commodities Derivatives ADV and Derivatives’ Volumes

Commodities derivatives ADV was 57,070 contracts, up 1.6 percent from June last year. Compared to May 2017, the volume had increased 63.3 percent. The latter result appears to have stemmed from the heatwave that occurred in France a month ago. There was an additional culprit in the wheat related issues in the United States, that further caused uncertainties regarding the harvest in 2017. The result was a rise in both price and volatility.

The total ADV on Euronext derivatives came to 572,757 contracts, up 8.4 percent from late June last year. The open interest stood at 15,517,641 contracts, showing a 5.5 percent increase on a year-on-year basis.

Euronext’s Five New Listings, Corporate Bonds, and Follow-on Equity

Euronext also made five new listings that included ALD with a €5.8 billion market capitalization, and €1.4 million raised in total by four small and medium sized enterprises. Euronext had also raised €6.1 billion in corporate bonds, with €584 million made by Orange in Paris, and another €7.0 billion raised in follow-on equity.

A month ago, Euronext raised €1.6 billion in corporate bonds, and another €2 billion in follow-on equity.

Got a news tip? Let Us Know