Nasdaq Records Solid Equity Trading in June, Fixed Income Falls YoY

In June, Nasdaq recorded the strongest US equity options trading volume this year.

Nasdaq joins a growing list of trading providers to report an uptick in volumes during the month of June, with the exchange operator seeing an uptick across equities, fixed income and commodities.

In the month of June, which is historically a pretty quiet month due to the summer period, the number of US equity options contracts traded on Nasdaq was 230 million. Surprisingly, this is the strongest trading volume the company has achieved all year – even higher than that achieved in March.

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In fact, June’s trading volume is stronger than the previous month, where 181 million contracts were traded, by 27.1 per cent. Moreover, the trading volume has posted a growth of 74.2 per cent on a yearly comparison.

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Taking a look at the trading volume for European options and futures volume, Nasdaq achieved a trading volume of 6.6 million contracts. Although this is less than the 12.2 million trading volume posted in March of 2020, it is stronger by 22.2 per cent on a monthly and 4.8 per cent on a yearly comparison.

US fixed income falls YoY on Nasdaq

During the sixth month of the year, $447 billion US Fixed Income was traded on the exchange. Although this is higher than May’s trading volume, which was $402 billion, by 11.2 per cent it is significantly less than the $1.07 trillion trading volume achieved in June of 2019. In fact, it’s a decline of 58.2 per cent.

For European fixed income, 3.1 million contracts were traded on Nasdaq during the month. This represents a rise of 72.2 per cent against the previous month’s trading volume. It is also stronger when measured against June of 2019 by 10.7 per cent.

56.37 billion US matched equity shares were traded last month on the exchange. Behind March of 2020, this is the strongest performance so far this year. Month-on-month, June’s trading volume has increased by 40.2 per cent and it is up by 90.7 per cent against the 29.56 billion in June of 2019.

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