Global Derivatives and U.S. Cash ADV Down Year-over-Year; Up
Month-over-Month
#1 in U.S. Equity Options for Second
Consecutive Month
NEW YORK--(BUSINESS WIRE)--Dec. 10, 2012--
NYSE Euronext (NYX) today announced trading volumes for its global
derivatives and cash equities exchanges for November 20121.
Global derivatives average daily volume (“ADV”) of 8.1 million contracts
in November 2012 decreased 2.5% compared to November 2011, but increased
12.2% from October 2012. Trading volumes in European and U.S. equities,
declined year-over-year but U.S equities improved from October 2012
levels.
Highlights
-
NYSE Euronext global derivatives ADV in November 2012 of 8.1 million
contracts decreased 2.5% compared to November 2011 but increased 12.2%
from October 2012 levels.
-
NYSE Euronext European derivatives products ADV in November 2012 of
4.0 million contracts increased 0.2% compared to November 2011, and
increased 26.8% from October 2012 levels. Excluding Bclear, NYSE
Liffe's trade administration and clearing service for OTC products,
European derivatives products ADV decreased 24.6% compared to November
2011 but increased 2.3% from October 2012.
-
NYSE Euronext U.S. equity options (NYSE Arca and NYSE Amex) ADV of 4.1
million contracts in November 2012 decreased 4.2% compared to November
2011 levels, but increased by 0.7% from October 2012 levels. NYSE
Euronext’s U.S. options exchanges accounted for 28.1% of total U.S.
consolidated equity options trading in November 2012, unchanged from
the prior month and down only slightly from last month’s record high.
-
NYSE Liffe U.S. ADV of approximately 51,500 contracts decreased from
88,500 contracts in November 2011, but increased from 43,700 contracts
in October 2012.
-
NYSE Euronext European cash products ADV of 1.2 million transactions
in November 2012 decreased 30.0% compared to November 2011 and
decreased 8.5% compared to October 2012.
-
NYSE Euronext U.S. cash products (NYSE, NYSE Arca and NYSE Amex)
handled ADV of 1.6 billion shares in November 2012 decreased 24.8%
compared to November 2011 but increased 3.2% compared to October 2012.
NYSE Euronext’s Tape A matched market share in November 2012 was
31.7%, down from 34.1% in November 2011, but up from 30.6% in October
2012.
Derivatives Trading
European Derivatives
-
NYSE Euronext European derivatives products ADV in November 2012 was
4.0 million futures and options contracts, an increase of 0.2% from
November 2011 and an increase of 26.8% from October 2012.
-
The 4.0 million in European derivatives futures and options contracts
ADV in November 2012 consisted of 2.4 million contracts executed
through our full-service LIFFE CONNECT trading platform and 1.6
million contracts, or 40.9%, executed through Bclear, NYSE Liffe's
trade administration and clearing service for OTC products. Excluding
Bclear, European derivatives products ADV decreased 24.6% compared to
November 2011, but increased 2.3% from October 2012.
-
Year-to-date, European derivatives products ADV of 3.7 million
contracts was 18.0% below prior year levels. The 3.7 million in
futures and options contracts ADV year-to-date consisted of 3.6
million contracts executed through LIFFE CONNECT trading platform and
1.1 million contracts, or 30.0%, executed through Bclear.
-
Total fixed income products ADV of 1.6 million contracts in November
2012 decreased 25.9% from November 2011 but increased 3.9% from
October 2012. Year-to-date, total fixed income products ADV of 1.8
million contracts was 24.1% below prior year levels.
-
Total equity products (including Bclear) ADV of 2.3 million contracts
in November 2012 increased 30.8% compared to November 2011 and
increased 53.2% from October 2012. The 2.3 million contracts in equity
products ADV consisted of 1.9 million contracts in individual equity
products ADV and 0.4 million contracts in equity index products ADV.
The 1.9 million contracts in individual equity products ADV consisted
of 1.5 million in futures contracts, which represented a 115.3%
increase compared to November 2011 and 0.4 million in options
contracts, which represented a 31.8% decrease compared to November
2011. Year-to-date, total equity products ADV of 1.9 million contracts
were 12.5% below prior year levels.
-
Total commodities products ADV of 86,000 contracts in November 2012
increased 26.2% compared to November 2011, but decreased 18.5%
compared to October 2012. Year-to-date, total commodities product ADV
of 89,000 contracts was 8.3% above prior year levels.
U.S. Derivatives
-
NYSE Euronext U.S. equity options (NYSE Arca and NYSE Amex) ADV of 4.1
million contracts in November 2012 decreased 4.2% compared to November
2011, but increased 0.7% compared to October 2012. Year-to-date, U.S.
equity options ADV of 3.9 million contracts was 12.5% below prior year
levels.
-
Total U.S. consolidated equity options ADV decreased 4.2% to 14.5
million contracts in November 2012 compared to November 2011 but
increased 2.1% compared to October 2012. Year-to-date, U.S.
consolidated equity options ADV of 14.8 million contracts was 13.1%
below prior year levels.
-
NYSE Euronext’s U.S. options exchanges accounted for 28.1% of the
total U.S. consolidated equity options trading in November 2012, in
line with 28.1% in November 2011, but down slightly from a record
28.5% in October 2012. NYSE Euronext was the #1 options exchange in
terms of market share for the second consecutive month.
-
NYSE Liffe U.S. ADV of approximately 51,500 contracts decreased from
88,500 contracts in November 2011, but increased from 43,700 contracts
in October 2012. Year-to-date, U.S. futures and futures options ADV of
72,800 contracts was 9.5% below prior year levels.
Cash Trading
European Cash
-
NYSE Euronext European cash products ADV of 1.2 million transactions
in November 2012 decreased 30.0% compared to November 2011 and
decreased 8.5% compared to October 2012.
-
Year-to-date, European cash products ADV of 1.5 million transactions
was 15.4% below prior year levels.
U.S. Cash
-
NYSE Euronext U.S. cash products handled ADV in November 2012
decreased 24.8% to 1.6 billion shares compared to November 2011 but
increased 3.2% from October 2012.
-
Year-to-date, U.S. cash products handled ADV was 1.7 billion shares,
down 27.0% from prior year levels.
-
NYSE Euronext’s Tape A matched market share in November 2012 was
31.7%, down from 34.1% in November 2011, but up from 30.6% in October
2012.
Exchange Traded Funds
-
NYSE Euronext U.S. matched exchange-traded funds ADV (included in
volumes for Tape B and Tape C) of 209 million shares in November 2012
decreased 34.9% compared to November 2011, but increased 9.8% compared
to October 2012.
-
Year-to-date, NYSE Euronext U.S. matched exchange-traded funds ADV of
212 million shares was 35.8% below prior year levels.
Please click
here for the Monthly Transaction Activity Data Table.
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets
and provider of innovative trading technologies. The company's exchanges
in Europe and the United States trade equities, futures, options,
fixed-income and exchange-traded products. With approximately 8,000
listed issues (excluding European Structured Products), NYSE Euronext's
equities markets - the New York Stock Exchange, NYSE Euronext, NYSE MKT,
NYSE Alternext and NYSE Arca - represent one-third of the world’s
equities trading, the most liquidity of any global exchange group. NYSE
Euronext also operates NYSE Liffe, one of the leading European
derivatives businesses and the world's second-largest derivatives
business by value of trading. The company offers comprehensive
commercial technology, connectivity and market data products and
services through NYSE Technologies. NYSE Euronext is in the S&P 500
index. For more information, please visit:http://www.nyx.com.
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Disclaimer and Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements include,
but are not limited to, statements concerning NYSE Euronext's plans,
objectives, expectations and intentions and other statements that are
not historical or current facts. Forward-looking statements are based on
NYSE Euronext's current expectations and involve risks and uncertainties
that could cause actual results to differ materially from those
expressed or implied in such forward-looking statements. Factors that
could cause NYSE Euronext's results to differ materially from current
expectations include, but are not limited to: NYSE Euronext's ability to
implement its strategic initiatives, economic, political and market
conditions and fluctuations, government and industry regulation,
interest rate risk and U.S. and global competition, and other factors
detailed in NYSE Euronext's 2011 Annual Report on Form 10-K and other
periodic reports filed with the U.S. Securities and Exchange Commission
or the French Autorité des Marchés Financiers. In addition, these
statements are based on a number of assumptions that are subject to
change. Accordingly, actual results may be materially higher or lower
than those projected. The inclusion of such projections herein should
not be regarded as a representation by NYSE Euronext that the
projections will prove to be correct. This press release speaks only as
of this date. NYSE Euronext disclaims any duty to update the information
herein.
1 All NYSE Euronext derivatives transactions count buy and
sell orders together as a single transaction. NYSE Euronext European
equities transactions count each buy and sell order as separate
transactions, NYSE Euronext U.S. equities transactions count buy and
sell orders together as a single transaction.
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NYSE Euronext
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Monthly Volume Summary
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Average Daily Volume
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Total Volume
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Average Daily Volume
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Total Volume
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% Chg vs.
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% Chg vs.
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(Unaudited; contracts in thousands)
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Nov-12
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Nov-11
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% Chg
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Nov-12
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Nov-11
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% Chg
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YTD 2012
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YTD 2011
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YTD 2012
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YTD 2011
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Number of Trading Days - European Cash
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22
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22
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22
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22
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237
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237
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Number of Trading Days - European Derivatives
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22
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22
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22
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22
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238
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238
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Number of Trading Days - U.S. Markets
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21
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21
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21
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21
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230
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230
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European Derivatives Products
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3,983
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3,974
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0.2%
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87,616
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87,432
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0.2%
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3,737
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-18.0%
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889,477
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-17.4%
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of which Bclear
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1,630
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