Eurex Group’s November 2015 ADV Extends Monthly Decline

Eurex Group has unveiled its volumes for the month ending November 2015, which ticked lower for a consecutive MoM loss when compared to October 2015, according to a Eurex statement.

Eurex’s average daily volume (ADV) during November 2015 came in at 7.6 million contracts, which corresponds to a decline of -2.6% MoM from 7.8 million contracts in October 2015. Across a yearly timeframe however, Eurex’s November 2015 ADV actually notched a growth of 5.4% YoY from just 7.4 million contracts in November 2014.

The latest figures also justify a consecutive decline in volumes at Eurex, with October snapping a multi-month ascension in ADV growth.

Equity Index Derivatives Cannot Pare October Losses

Eurex’s leading installment of equity index derivatives (combining both equity options and single stock futures) witnessed a volume of just 52.6 million contracts in November 2015, retreating -9.5% MoM from 58.1 million contracts in October 2015. Additionally, November’s volumes also incurred a mitigated decline of -2.2% YoY jump from 53.8 million contracts in November 2014.

In November 2015, Eurex’s single largest contract was again the EURO STOXX 50 Index, which secured over 22.5 million traded contracts (23.5 million in October 2015) – while its blue chip index also totaled just 19.1 million contracts (23.5 million in October 2015).

Bond Turnover on the Uptick

One area of Eurex’s business that experienced growth is its Bond turnover, which in November 2015 reached $7,725 million (€7,265 million), good for a surge of 27.0% YoY from $6,082 million (€5,720 million) in November 2014.

Late last month, Eurex extended the offering of its Trade Entry Services (TES) for all customers based in the United States, vastly expanding the network of its trading participants to a previously untapped market for the Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term.

Per the new capabilities afforded with the decision, Eurex TES facilitated the entrance of trading participants into their respective off-book transactions into the comprehensive Eurex data system, in essence helping them to achieve a higher degree of flexibility of customized trading.