Global Derivatives ADV Down 21% Year-over-Year
European Cash ADV Down 9%; U.S. Cash ADV Down 21%
March 9, 2012– NYSE Euronext (NYX) today announced trading volumes for its global derivatives and cash equities exchanges for February 2012[1]. Trading volumes declined year-over- year and month-over-month across most venues. Global derivatives average daily volume (“ADV”) of 7.0 million contracts in February 2012 decreased 21.4% versus the prior year, with European Derivatives declining 35.7% and U.S. equity options decreasing 9.2%. European cash trading ADV decreased 8.7% year-over-year, but increased 7.1% from January 2012 levels. U.S. cash trading ADV decreased 21.0% from February 2011 levels.
Cash Trading
European Cash
- NYSE Euronext European cash products ADV of 1.6 million transactions in February 2012 decreased 8.7% compared to February 2011, but increased 7.1% compared to January 2012.
- Year-to-date, European cash products ADV of 1.6 million transactions was 11.7% below prior year levels.
U.S. Cash
- NYSE Euronext U.S. cash products handled ADV in February 2012 decreased 21.0% to 1.8 billion shares compared to February 2011 and decreased 2.2% from January 2012.
- Year-to-date, U.S. cash products handled ADV was 1.8 billion shares, down 22.4% from prior year levels.
- NYSE Euronext’s Tape A matched market share in February 2012 was 30.0%, down from 34.5% in February 2011 and down slightly from 30.3% in January 2012.
Exchange Traded Funds
- NYSE Euronext U.S. matched exchange-traded funds ADV (included in volumes for Tape B and Tape C) of 214 million shares in February 2012 decreased 17.4% compared to February 2011 and decreased 6.2% compared to January 2012.
- Year-to-date, NYSE Euronext U.S. matched exchange-traded funds ADV of 221 million shares was 16.5% below prior year levels.
[1] All NYSE Euronext derivatives transactions count buy and sell orders together as a single transaction. NYSE Euronext European equities transactions count each buy and sell order as separate transactions, NYSE Euronext U.S. equities transactions count buy and sell orders together as a single transaction.