Eurex’s ADV Strikes Fresh Lows After MoM Decline in May

Eurex Group has just reported its latest group of volumes across its 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 for the month ending May 2016. As has been the case in almost every successive month in 2016, the group’s average daily volumes (ADV) orchestrated a decline over the past month, setting a new 2016 low, according to a Eurex statement.

The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.

During May 2016, Eurex disclosed an ADV of 8.0 million contracts, reflective of yet another decline in volumes over a monthly basis. As such, this represented a decline of -4.7% from 8.4 million contracts in April 2016, its lowest figure thus far in 2016. Looking at a yearly snapshot, May 2016’s ADV at Eurex did manage to secure a healthy gain, jumping 12.7% YoY from just 7.1 million contracts in May 2015.

Equities Unchanged

Eurex’s regiment of equity index derivatives (combining both equity options and single stock futures) was largely held in a tight consolidation during May 2016, inching lower by less than -1.0% MoM to 62.1 million contracts, against 62.7 million contracts in April 2016 – over a yearly timeframe however, the latest figure did manage a jump 21.3% YoY from 51.2 million contracts in May 2015.

Interest Rate Derivatives Fail to Secure Rebound

Looking at its interest rate derivatives segment, Eurex also reported a largely muted performance across its volumes during May 2016. Following last month’s collapse, Eurex’s interest rate derivatives moved marginally higher in May 2016 to 35.6 million contracts for the month, failing to pare last month’s staunch losses whilst justifying a MoM increase of 1.7% MoM from 35.0 million contracts in April 2016.