Eurex Sees 26% Rise in Total Traded Derivatives Contracts during March

Eurex, a leading derivatives exchange and a member of the Deutsche Börse Group, has released its trading metrics for March 2022. During the recent period, the platform has seen a 26% YoY jump in total traded derivatives contracts.

Among listed derivatives, the Equity index derivatives showed the strongest growth as the traded contracts reached 127.9 million, which is 36% higher compared to 93.8 million in the same period last year. Interest rate derivatives showed a growth of 23% during the reported period.

“Notional outstanding volumes in OTC Clearing grew strongly in March, climbing 28 percent overall compared to the same month last year, from 21,226 billion EUR to 27,162 billion EUR, with Interest Rate Swaps and Overnight Index Swaps posting growth of 34 percent and 147 percent, respectively. Average daily clearing volumes fell by 9 percent overall, with Interest Rate Swaps remaining stable at their level and Overnight Index Swaps (up 39 percent) again outpacing overall growth,” Eurex highlighted.

Product Offering

To meet the growing demand of traders, Eurex has accelerated the expansion of its product offering during the past few months. In February this year, the exchange enhanced its offering with the addition of 4 new futures and 2 new options MSCI derivatives. In June 2021, Eurex expanded its coverage of Asia through the introduction of new derivatives.

In March 2022, the exchange also saw strong growth in volume across Eurex Repo. “At Eurex Repo, total monthly term-adjusted volume grew by 16 percent compared to March last year – up from 135.7 billion EUR to 157.5 billion EUR. The GC Pooling Market grew by 27 percent, while the Repo Market showed a plus of 11 percent,” the exchange added.

In January this year, the platform reported a substantial jump in Euro clearing volumes.