Euronext, the pan-European exchange in the Eurozone, just announced trading volumes for January 2018.
Cash trading
In January 2018, the average daily transaction value on the Euronext cash order book stood at €7,773 million, up +20.4% compared to January 2017 and stable from the previous month.
The average daily transaction value on ETFs order book was €286 million, up +16.9% compared to January 2017 and up +5.6% from the previous month. At the end of January 2018, 808 ETFS were listed on Euronext compared to 804 at the end of 2017. From January 2018, volumes on ETFs are only measured on order book activity due to low revenue-impact of off-book activity. Based on the previous presentation to be abandoned, activity is €359 million, down -19.7% compared to January 2016 and down -36.7% compared to the previous month.
Derivatives trading
In January 2018, the overall average daily volume on derivatives reached 561,231 contracts, up +25.9% compared to January 2017 and up +4.9% compared to the previous month. In detail,
- the average daily volume on equity index derivatives reached 199,714 contracts, stable compared to January 2017 and down -6.5% from the previous month,
- the average daily volume on individual equity derivatives reached 313,502 contracts, up +56.3% compared to January 2017 and up +10.6% from the previous month,
- the average daily volume on commodities derivatives reached 48,016 contracts, up +6.5% compared to January 2017 and up +26.3% from the previous month.
At the end of January 2018, the open interest was up at 16,814,247 contracts (+27.6% compared to the end of January 2017).
FX spot trading
The average daily volume on the spot foreign exchange market of FastMatch, of which Euronext owns 90% of the capital since August 2017, stood at $20,774 million, up +22.0% compared to January 2017 and up +33.2% from the previous month.
FastMatch already informed a week ago that it has had the third best ever month with January 2018 FX trading volumes at $20.8 billion ADV.
Listing
In January 2018, Euronext had no new listings. €3.5 billion were raised on Euronext in corporate bonds of which €1.0 billion of green bonds from ENGIE; and €1.7 billion were raised in follow-on equity.