Volumes & quarter highlights
Q3 2024 maintained the positive momentum seen throughout the year, delivering another quarter of robust activity across the Euronext commodities franchise.
Two contracts stood out for their exceptional performance this quarter: Euronext Corn Options posted a significant 52.72% increase in volume compared to the previous quarter, reflecting growing market interest and increased trading activity. Additionally, Euronext Rapeseed Futures experienced a remarkable 43.7% rise compared to Q3 2023, showcasing the strength of this contract amid changing market dynamics.
Our flagship Milling Wheat Futures contract continued to demonstrate strong liquidity, with an average of 79,000 lots traded daily, equivalent to nearly 4 million tons of wheat changing hands. This highlights the contract’s role as a key benchmark in the agricultural markets.
Overall, total volumes in Q3 2024 outperformed the same quarter last year by an impressive 15%, underscoring the sustained demand and engagement in the commodity markets. However, volumes were down 8.5% compared to the record-breaking Q2 2024.
These results underline our commitment to expanding our product offering and strengthening liquidity in key agricultural markets.
Successful migration to Euronext Clearing
The migration of Euronext clearing business from LCH SA to Euronext Clearing has been successfully completed in July for commodities, and in September for financial derivatives.
This integration strengthens Euronext's ability to offer end-to-end solutions across the entire trading value chain, from listing, trading to clearing, settlement and custody. It also paves the way for further innovation and growth, empowering clients to optimise their trading strategies and operational efficiencies.
For more information, visit the Euronext Clearing webpage
Euronext Commodity Spread contracts now available for trading
To provide more tools and better opportunities for managing price risk in the global wheat market, we launched the first spread contracts in the European agricultural commodity derivatives market.
Inter-market and inter-commodity spread contracts are now available for trading.
This new set of hedging tools enables to trade a single cash-settled futures contract on Euronext while managing price differentials between Euronext-listed and CME Group-listed wheat futures.
For more information, visit the Commodity Spread Contracts webpage
Swim smoothly through price variations with the Euronext Salmon Futures
Last July, we launched the Euronext Salmon Futures contract, powered by Fish Pool.
Based on the weekly SISALMONI spot index from Sitagri Index Services, a BMR-compliant Price Reporting Agency (PRA), the Euronext Salmon Future (ESF) is a cash-settled contract that provides a true reference price for the salmon industry.
Cleared by Euronext Clearing and listed on Euronext Paris, the Euronext Salmon Future is a Euro-denominated contract that helps salmon farmers, exporters, importers, processors, fish smokers, hotels, restaurants, catering and supermarkets to manage their price risk and hedge their positions in the value chain of salmon.
For more information, visit the Salmon Futures webpage
Euronext at the European Commodities Exchange
Euronext is proud to be silver sponsor of the 64th European Commodities Exchange in Paris on 5 & 6 December 2024.
Meet us and the Euronext Clearing team, booth #B16 in Le Grand Palais to find out about our latest news and initiatives in the agritcultural commodities and clearing landscapes.
Brokers connected to the Euronext MATIF markets
Access the list of brokers connected to the Euronext MATIF markets, including the Request-for-Cross participants for the options market.
Check out the list of Euronext's Commodity Brokers
Find out more
See all our contract on the Euronext Live Markets website.