Nasdaq Reports Weak Fixed Income Trading Volumes in February

by Celeste Skinner
  • The total traded volume of US fixed-income on Nasdaq was $760 billion during the month of February.
Nasdaq Reports Weak Fixed Income Trading Volumes in February
Bloomberg

Nasdaq, a stock exchange operator, has reported its monthly volumes for February of 2019 on Monday, revealing a drop in overall trading, including the United States fixed-income trading volumes.

Specifically, the total traded volume of US fixed-income on Nasdaq was $760 billion during the month of February.

When comparing this to the previous month, which reported a total volume of $964 billion, this is down by 21.16 percent.

On a yearly comparison, the decline is even steeper at 60.66 percent, as February of 2018 recorded a total trading volume of $1.932 trillion.

In fact, 2018 was a very strong year for fixed-income trading, excluding November and December, with both January and February's results so far this year paling in comparison.

Taking a look at European fixed-income contracts, in the second month of 2019, a total of 2.2 million contracts were traded.

When measured against January of this year, it is up by 200,000 contracts or ten percent. However, on a yearly comparison, 500,000 or 18.52 percent fewer contracts were traded.

Equity Derivatives Trading Falls on Nasdaq

Moving on to US equity options volume, the total number of contracts traded during February of 2019 was 121 million.

This is a rather weak result for the Exchange , as it is down by 15.97 percent month-on-month and 21.94 percent when measured against February of last year.

European options and futures volume didn’t do much better, with the total trading volume coming in at 6.6 million contracts during the month.

This is down from January, which achieved a strong trading result of 7.5 million contracts, by 12 percent and down 8.33 percent year-on-year.

Following this trend, cash Equities also recorded a poor performance in February, with the number of U.S. matched equity volume shares traded at 26.92 billion.

Unsurprisingly, this is down on both a monthly and yearly comparison, by 16.09 percent and 16.47 percent, respectively.

Nasdaq, a stock exchange operator, has reported its monthly volumes for February of 2019 on Monday, revealing a drop in overall trading, including the United States fixed-income trading volumes.

Specifically, the total traded volume of US fixed-income on Nasdaq was $760 billion during the month of February.

When comparing this to the previous month, which reported a total volume of $964 billion, this is down by 21.16 percent.

On a yearly comparison, the decline is even steeper at 60.66 percent, as February of 2018 recorded a total trading volume of $1.932 trillion.

In fact, 2018 was a very strong year for fixed-income trading, excluding November and December, with both January and February's results so far this year paling in comparison.

Taking a look at European fixed-income contracts, in the second month of 2019, a total of 2.2 million contracts were traded.

When measured against January of this year, it is up by 200,000 contracts or ten percent. However, on a yearly comparison, 500,000 or 18.52 percent fewer contracts were traded.

Equity Derivatives Trading Falls on Nasdaq

Moving on to US equity options volume, the total number of contracts traded during February of 2019 was 121 million.

This is a rather weak result for the Exchange , as it is down by 15.97 percent month-on-month and 21.94 percent when measured against February of last year.

European options and futures volume didn’t do much better, with the total trading volume coming in at 6.6 million contracts during the month.

This is down from January, which achieved a strong trading result of 7.5 million contracts, by 12 percent and down 8.33 percent year-on-year.

Following this trend, cash Equities also recorded a poor performance in February, with the number of U.S. matched equity volume shares traded at 26.92 billion.

Unsurprisingly, this is down on both a monthly and yearly comparison, by 16.09 percent and 16.47 percent, respectively.

About the Author: Celeste Skinner
Celeste Skinner
  • 2872 Articles
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About the Author: Celeste Skinner
  • 2872 Articles
  • 25 Followers

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