Euronext announces volumes for March 2016

Amsterdam, Brussels, Lisbon, London and Paris – 5 April 2016 – Euronext, the leading exchange in the Eurozone, today announced trading volumes for March 2016.

In March 2016, the average daily transaction value on the Euronext cash order book stood at €7,633 million (-16.3% compared with March 2015). This is largely the result of lighter trading activity during the last two weeks of March due to the Easter holiday occurring one month earlier than 2015. Activity on ETFs continued to progress during March, with an average daily transaction value of €617 million, up +1.2% compared to March 2015, and 10 new listings over the course of the month, thus enlarging our ETF offering to 757 listings. 18 March 2016 saw a new daily transaction value high of 2016 of €15,429 million, as a result of the derivatives expiry and blue chip indices quarterly rebalancing.
During this first quarter, the average daily transaction value on the Euronext cash order book decreased by -4.4% compared to Q1 2015, while the daily average number of transactions increased by +12.4% compared to the same quarter. Please note that Q1 2016 saw only 62 trading days as a result of the early Easter holiday, while Q1 2015 had 63.
Average daily volume (ADV) on individual equity derivatives was up +3.2% at 253,399 contracts during the first quarter of 2016, while the March ADV on these products remained flat at 232,826 contracts (+0.3% compared with March 2015). Quarterly ADV on equity index derivatives decreased by -3.2% at 245,824 contracts. The average daily volume in March on equity index derivatives was down -7.5% compared with March 2015.
In March 2016, the average daily volume on commodities derivatives increased by +38.4% compared to March 2015, with an ADV of 60,988 contracts. Quarterly average daily volume on commodities derivatives was up +27% compared with Q1 2015 at 63,398 contracts.
During this first quarter, the average daily volume on Euronext derivatives was 562,903 contracts (+2.3% compared with Q1 2015) and the total open interest increased by +4.9% to 13,900,164 contracts.
During March 2016, €5.5 billion was raised on Euronext in corporate bonds and €2.4 billion in follow-on equity. The current market conditions significantly slowed worldwide IPO activity during Q1 2016, which was the weakest first quarter since 2009.

Please see tables for the month of March attached

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About Euronext
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With nearly 1,900 listed issuers and around €6.3 trillion in market capitalisation as of end September 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.
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