Nasdaq (Nasdaq: NDAQ) reported on Wednesday its monthly volumes for May, noting a slight decline compared with the previous month for equity derivatives markets. According to the report published on their website, the figure reached 247 million contracts in the US equity options volume, representing a decline from the 249 million contracts hit in April. On the other hand, 5.3 million contracts of European options and futures were traded, which is an increase from April that stood at 5 million contracts.
Also, the cash equities volume, specifically for the US matched equities, in May witnessed 36,467 million shares traded, surging from April's figure that was 35,248. The report stated that the European equity volume was 100.8 million shares traded in May, which is higher than the number posted in April at 96.5.
Furthermore, the US fixed income volume was declined in May as Nasdaq reported $566 billion traded during that period, decreasing from the figure in April that stood at 630.
However, European fixed income did not present a bearish trend over the same period as it saw 2.5 million contracts traded, compared to the 1.5 million contracts witnessed in April. Still, from the figures mentioned above, the only one underperforming compared to the same period last year was the US matched equity volume, which posted 40,213 million shares in May 2020, according to the report.
Nasdaq Q1 2021 Earnings
Recently, Finance Magnates reported the financial results from the US Stock Exchange operator for the first quarter of 2021. At that time, Nasdaq had a 21% year-over-year increase in its net business revenue.
The company said that 17% of the revenue jump came from organic growth in core business. At the same time, it gained $18 million from the impact of favorable changes in FX rates and another $14 million gain from revenue of accusations.