Euronext Reports May 2015 Volumes, ETFs and Derivatives Explode

Euronext, the largest 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 in Europe, has released its trading volumes for the month ending May 2015, according to a Euronext statement.

Last month, Euronext reported its Q1 2015 metrics, in which third party revenue increased to $146 million (€130 million) from $133 million (€118.7) in Q1 2014 (9.6%). YoY. Moreover, Euronext suffered a notable reduction in operational expenses excluding depreciation and amortization, measured at -8.8% YoY when compared with Q1 2014. Finally, the exchange reported an EBITDA margin of 52.2%.

In particular, Euronext’s May 2015 average daily transaction value on the its cash order book stood at $8,931 million (€8,019 million), constituting a jump of 30% YoY from May 2014. In addition, monthly activity for its ETFs illustrated an even greater jump, yielding a transaction value of $611 million (€549 million), which was good for a 91% YoY surge from May 2014.

Derivatives Focus

Across Euronext’s equity index derivatives, the average daily volume in May 2015 came in at 231,576 contracts, representing a growth of 11.4% YoY from May 2014 – however, the average daily volume on individual equity derivatives sunk to 213,911 contracts, or -21% YoY from May 2014.

May 2015 also saw steadfast activity amongst Euronext’s commodity derivatives, which was up 31.5% YoY when weighed against May 2014, with an average daily volume of 47,015 contracts traded for the month. Year-to-date (YTD) volume for 2015 has seen roughly 51,000 contracts, which is already 9% higher YoY when compared to 2014.