Eurex, an international derivatives Exchange and a member of the Deutsche Börse Group, recently published its trading numbers for September 2021. The exchange reported a jump of nearly 43% in European Equity Derivatives as the number increased from 20.9 million traded contracts in September 2020 to 29.9 million in September 2021.
According to an official announcement shared by Eurex, European interest rate derivatives reached 64.6 million traded contracts in the last month. In addition to strong growth across most derivatives trading segments, Eurex Clearing saw a significant month. Earlier this year, Eurex introduced new derivatives to expand its presence in Asia.
“Eurex Clearing recorded another strong month with overall notional outstanding up 16 percent to 20,698 billion EUR from 17,771 billion EUR in the same month last year. Overall average daily cleared volumes grew by 35 percent from 115 billion EUR to 155 billion EUR across the same period. In terms of specific segments, Overnight Index Swaps showed the strongest performance, with notional outstanding average daily cleared volumes up 65 percent and 106 percent, respectively,” the exchange added.
European Equity Index Derivatives
Last month, Eurex saw a small contraction of nearly 3% in the total traded contracts related to European Equity Index Derivatives. The number reached 84.8 million contracts compared to 87.7 million contracts during the same period last year.
“Aside from European equity index derivatives that stayed virtually flat with negative growth of 3 percent, all other derivatives trading segments at Eurex showed good growth in September. At Eurex Repo, the leading market for secured funding and financing, the GC Pooling market showed a small contraction of 2 percent in September compared to the same month last year, while Repo Market volumes grew 7 percent, from 88.3 billion EUR in September 2020 to 94.2 billion EUR this year,” Eurex highlighted.
In March 2021, Eurex partnered with FTSE Russell to expand its pioneering Total Return Futures (TRF) segment through a new contract on the FTSE 100 Index.