Nasdaq Sees Market-Wide MoM Declines in Volumes in July

Tuesday, 07/08/2018 | 07:27 GMT by Celeste Skinner
  • Despite Nasdaq experiencing sluggish results in June, July’s results still experienced an even further drop from this.
Nasdaq Sees Market-Wide MoM Declines in Volumes in July
Bloomberg

New York-based operator, Nasdaq, announced its monthly trading volumes for this July on Monday. The firm experienced a lull in trading during the month, following on from a lackluster June.

In July, the monthly trading volumes left a lot to be desired. Despite June reporting sluggish results and consistent month-on-month declines, July still experienced an even further drop from this. In fact, all of July’s monthly trading volumes were down from June this year.

In July, the trading volume for US Equity options was 131 million contracts. This was 8 million, or six percent, less than June’s volumes. However, when compared to July last year, volumes were up by approximately 13 percent.

The trading volume for European options and volumes follow a similar pattern. For July this year, total contracts were 6 million. This is down from the 6.6 million contracts experienced in June. Nonetheless, it was still up slightly by five percent when compared to the same period a year ago.

Taking a look at cash Equities , the trading volume for US matched equity in July 2018 was 24.8 million of shares. The previous month, however, experienced a trading volume of 29.8 million shares - around 17 percent more than in July 2018. However, July’s result was still up by 13 percent year-on-year.

Following the trend, in July this year, $69 billion worth of European equity shares were traded. When compared to the previous month, this is down by six percent. July 2018 volumes were also down by four percent when compared to the same period last year.

Fixed Income and Commodities on Nasdaq

On the New York exchange, fixed income and commodities were also down when compared to the previous month. Specifically, the Exchange operator reported that a total of $1.018 trillion US Fixed Income was traded. This was also down year-on-year by 27 percent.

Trading volume in the European fixed income market fell by around 87 percent as the number of contracts traded declined from 3.0 million to 1.6 million. When looking at July last year, the total number of contracts are up by 16 percent.

New York-based operator, Nasdaq, announced its monthly trading volumes for this July on Monday. The firm experienced a lull in trading during the month, following on from a lackluster June.

In July, the monthly trading volumes left a lot to be desired. Despite June reporting sluggish results and consistent month-on-month declines, July still experienced an even further drop from this. In fact, all of July’s monthly trading volumes were down from June this year.

In July, the trading volume for US Equity options was 131 million contracts. This was 8 million, or six percent, less than June’s volumes. However, when compared to July last year, volumes were up by approximately 13 percent.

The trading volume for European options and volumes follow a similar pattern. For July this year, total contracts were 6 million. This is down from the 6.6 million contracts experienced in June. Nonetheless, it was still up slightly by five percent when compared to the same period a year ago.

Taking a look at cash Equities , the trading volume for US matched equity in July 2018 was 24.8 million of shares. The previous month, however, experienced a trading volume of 29.8 million shares - around 17 percent more than in July 2018. However, July’s result was still up by 13 percent year-on-year.

Following the trend, in July this year, $69 billion worth of European equity shares were traded. When compared to the previous month, this is down by six percent. July 2018 volumes were also down by four percent when compared to the same period last year.

Fixed Income and Commodities on Nasdaq

On the New York exchange, fixed income and commodities were also down when compared to the previous month. Specifically, the Exchange operator reported that a total of $1.018 trillion US Fixed Income was traded. This was also down year-on-year by 27 percent.

Trading volume in the European fixed income market fell by around 87 percent as the number of contracts traded declined from 3.0 million to 1.6 million. When looking at July last year, the total number of contracts are up by 16 percent.

About the Author: Celeste Skinner
Celeste Skinner
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About the Author: Celeste Skinner
  • 2872 Articles
  • 25 Followers

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