NASDAQ Reports Strong August Volumes in US, Steady in Europe

by Colin Firth
  • The rise in volumes in the US came despite choppy market conditions and global risks.
NASDAQ Reports Strong August Volumes in US, Steady in Europe
Bloomberg

Nasdaq (Nasaq:NDAQ), the second-largest Exchange in the world by market capitalization, has just reported its trading volumes and metrics for August 2017. The volumes show a large jump in the equity derivatives segment, especially in the US when compared to the same period last year.

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The total volume of equity derivatives in the US was 134 million contracts, +7.5 percent YoY. There was a similar jump when compared to July 2017 as well.

This jump came despite the fact that the US equity markets were a bit choppy last month as threats from North Korea adding to the pressure on the stock markets.

Cash Equities had a volume of 24,849 million shares, an increase of 6.2 percent over August 2016, and an increase of 14.6 percent over July 2017.

On the other hand, the fixed income and commodities trading volume came in at $1,321 billion which is actually a decline of 17.33 percent on a year-on-year basis and a slight increase of 1.8 percent when compared to the previous month.

Volumes in Europe Markets Steady

The performance of NASDAQ in the European markets was not as good as its performance in the US markets, but it still improved slightly on MoM and YoY bases.

Equity derivatives volume for Europe came in at 5.9 million contracts, just 1.7 percent more than in August 2016 and 3.4 percent more than in July 2017.

Cash equity volume for Europe was $75 billion in August 2017, +22.9 percent YoY and +4.1 percent MoM.

The volume of contracts in the fixed income and commodities segment in Europe for August 2017 was the same year-on-year but showed a 13.33 percent increase when compared to July 2017, coming in at 1.7 million contracts.

Nasdaq (Nasaq:NDAQ), the second-largest Exchange in the world by market capitalization, has just reported its trading volumes and metrics for August 2017. The volumes show a large jump in the equity derivatives segment, especially in the US when compared to the same period last year.

Register now to the London Summit 2017, Europe’s largest gathering of top-tier retail brokers and institutional FX investors

The total volume of equity derivatives in the US was 134 million contracts, +7.5 percent YoY. There was a similar jump when compared to July 2017 as well.

This jump came despite the fact that the US equity markets were a bit choppy last month as threats from North Korea adding to the pressure on the stock markets.

Cash Equities had a volume of 24,849 million shares, an increase of 6.2 percent over August 2016, and an increase of 14.6 percent over July 2017.

On the other hand, the fixed income and commodities trading volume came in at $1,321 billion which is actually a decline of 17.33 percent on a year-on-year basis and a slight increase of 1.8 percent when compared to the previous month.

Volumes in Europe Markets Steady

The performance of NASDAQ in the European markets was not as good as its performance in the US markets, but it still improved slightly on MoM and YoY bases.

Equity derivatives volume for Europe came in at 5.9 million contracts, just 1.7 percent more than in August 2016 and 3.4 percent more than in July 2017.

Cash equity volume for Europe was $75 billion in August 2017, +22.9 percent YoY and +4.1 percent MoM.

The volume of contracts in the fixed income and commodities segment in Europe for August 2017 was the same year-on-year but showed a 13.33 percent increase when compared to July 2017, coming in at 1.7 million contracts.

About the Author: Colin Firth
Colin Firth
  • 213 Articles
About the Author: Colin Firth
  • 213 Articles

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