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NYSE Euronext Announces Trading Volumes for May 2013

Jun 05, 2013

NYSE Euronext Announces Trading Volumes for May 2013

June 5, 2013

Global Derivatives ADV Up 4% Year-over-Year and Up 8% Sequentially, Ex Bclear European and U.S. Cash Equities ADV Declined Year-over-Year and Sequentially

NEW YORK--(BUSINESS WIRE)--Jun. 5, 2013-- NYSE Euronext (NYX) today announced trading volumes for its global derivatives and cash equities exchanges for May 20131. Global derivatives average daily volume (“ADV”) of 7.6 million contracts, excluding Bclear in May 2013 increased 3.5% compared to May 2012 and increased 8.2% from April 2013. U.S. equity options volumes remained strong in May 2013 increasing 3.4% compared to May 2012 and increasing 1.2% sequentially. ADV in U.S. cash equities declined 19.2% year-over-year and decreased 1.8% month-over-month. European cash equities ADV in May 2013 decreased 12.9% compared to May 2012 and decreased 6.1% from April 2013 levels.

Highlights

  • NYSE Euronext global derivatives ADV in May 2013 of 7.6 million contracts, excluding Bclear increased 3.5% compared to May 2012 and increased 8.2% from April 2013 levels.
  • NYSE Euronext European derivatives products ADV in May 2013 of 3.2 million contracts, excluding Bclear, increased 4.4% compared to May 2012, and increased 19.8% from April 2013 levels. Including Bclear, NYSE Liffe’s trade administration and clearing service for OTC products, European derivatives ADV decreased 21.8% compared to May 2012 but increased 12.5% from April 2013.
  • NYSE Euronext U.S. equity options (NYSE Arca and NYSE Amex) ADV of 4.3 million contracts in May 2013 increased 3.4% compared to May 2012 levels and increased by 1.2% from April 2013 levels. NYSE Euronext’s U.S. options exchanges accounted for 27.2% of total U.S. consolidated equity options trading in May 2013, down from 28.0% in April 2013.
  • NYSE Liffe U.S. ADV of approximately 50,000 contracts in May 2013 decreased from 68,300 contracts in May 2012 but increased from 47,100 contracts in April 2013.
  • NYSE Euronext European cash products ADV of 1.4 million transactions in May 2013 decreased 12.9% compared to May 2012, and decreased 6.1% compared to April 2013.
  • NYSE Euronext U.S. cash products (NYSE, NYSE Arca and NYSE MKT) handled ADV of 1.5 billion shares in May 2013 a decrease of 19.2% compared to May 2012, and decreased 1.8% compared to April 2013. NYSE Euronext’s Tape A matched market share in May 2013 was 30.0%, down from 31.9% in May 2012 and down from 30.2% in April 2013.

Please click here for the Monthly Transaction Activity Data Table.

_____________________________

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.


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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This written communication contains “forward-looking statements” made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “may,” “hope,” “will,” “should,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “predict,” “potential,” “continue,” “could,” “future” or the negative of those terms or other words of similar meaning. You should carefully read forward-looking statements, including statements that contain these words, because they discuss our future expectations or state other “forward-looking” information. Forward-looking statements are subject to numerous assumptions, risks and uncertainties which change over time. ICE Group, ICE and NYSE Euronext caution readers that any forward-looking statement is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking statement.

Forward-looking statements include, but are not limited to, statements about the benefits of the proposed merger involving ICE Group, ICE and NYSE Euronext, including future financial results, ICE’s and NYSE Euronext’s plans, objectives, expectations and intentions, the expected timing of completion of the transaction and other statements that are not historical facts. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are set forth in ICE’s and NYSE Euronext’s filings with the U.S. Securities and Exchange Commission (the “SEC”). These risks and uncertainties include, without limitation, the following: the inability to close the merger in a timely manner; the failure to satisfy other conditions to completion of the merger, including receipt of required regulatory and other approvals; the failure of the proposed transaction to close for any other reason; the possibility that any of the anticipated benefits of the proposed transaction will not be realized; the risk that integration of NYSE Euronext’s operations with those of ICE will be materially delayed or will be more costly or difficult than expected; the challenges of integrating and retaining key employees; the effect of the announcement of the transaction on ICE’s, NYSE Euronext’s or the combined company’s respective business relationships, operating results and business generally; the possibility that the anticipated synergies and cost savings of the merger will not be realized, or will not be realized within the expected time period; the possibility that the merger may be more expensive to complete than anticipated, including as a result of unexpected factors or events; diversion of management’s attention from ongoing business operations and opportunities; general competitive, economic, political and market conditions and fluctuations; actions taken or conditions imposed by the United States and foreign governments or regulatory authorities; and adverse outcomes of pending or threatened litigation or government investigations. In addition, you should carefully consider the risks and uncertainties and other factors that may affect future results of the combined company, as are described in the section entitled “Risk Factors” in the joint proxy statement/prospectus filed by ICE Group with the SEC, and as described in ICE’s and NYSE Euronext’s respective filings with the SEC that are available on the SEC’s web site located at www.sec.gov, including the sections entitled “Risk Factors” in ICE’s Form 10-K for the fiscal year ended December 31, 2012, as filed with the SEC on February 6, 2013, and “Risk Factors” in NYSE Euronext’s Form 10-K for the fiscal year ended December 31, 2012, as filed with the SEC on February 26, 2013. You should not place undue reliance on forward-looking statements, which speak only as of the date of this written communication. Except for any obligations to disclose material information under the Federal securities laws, ICE Group, ICE and NYSE Euronext undertake no obligation to publicly update any forward-looking statements to reflect events or circumstances after the date of this written communication.

IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND WHERE TO FIND IT

This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. In connection with the proposed transaction, ICE Group has filed with the SEC a registration statement on Form S−4, which the SEC has declared effective and which contains a joint proxy statement/prospectus with respect to the proposed acquisition of NYSE Euronext by ICE Group. The final joint proxy statement/prospectus has been delivered to the stockholders of ICE and NYSE Euronext. INVESTORS AND SECURITY HOLDERS OF BOTH ICE AND NYSE EURONEXT ARE URGED TO READ THE JOINT PROXY STATEMENT/PROSPECTUS REGARDING THE PROPOSED TRANSACTION CAREFULLY AND IN ITS ENTIRETY, INCLUDING ANY DOCUMENTS PREVIOUSLY FILED WITH THE SEC AND INCORPORATED BY REFERENCE INTO THE JOINT PROXY STATEMENT/PROSPECTUS, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE IT CONTAINS IMPORTANT INFORMATION REGARDING ICE, NYSE EURONEXT AND THE PROPOSED TRANSACTION. Investors and security holders may obtain a free copy of the joint proxy statement/prospectus, as well as other filings containing information about ICE and NYSE Euronext, without charge, at the SEC’s website at http://www.sec.gov. Investors may also obtain these documents, without charge, from ICE’s website at http://www.theice.comand from NYSE Euronext’s website at http://www.nyx.com.





NYSE Euronext


Monthly Volume Summary































Average Daily Volume

Total Volume

Average Daily Volume

Total Volume
(Unaudited; contracts in thousands)

May-13
May-12
% Chg

May-13
May-12
% Chg

YTD 2013

% Chg vs.

YTD 2012



YTD 2013

% Chg vs.

YTD 2012




























Number of Trading Days - European Cash

22
22
-

22
22
-

105



105


Number of Trading Days - European Derivatives

23
23



23
23



106



106


Number of Trading Days - U.S. Markets

22
22



22
22



104



104




























European Derivatives Products

3,928
5,022
-21.8%

90,349
115,511
-21.8%

4,185
43.0%

443,638
41.6%
of which Bclear

769
1,995
-61.4%

17,692
45,883
-61.4%

853
-22.4%

90,422
-23.1%


























Total Fixed Income Products

2,422
2,113
14.6%

55,713
48,609
14.6%

2,481
77.7%

262,949
76.0%


























Short Term Interest Rate Products

2,195
1,930
13.7%

50,474
44,393
13.7%

2,295
79.1%

243,219
77.4%
Medium and Long Term Interest Rate Products 1

228
183
24.3%

5,239
4,216
24.3%

186
61.6%

19,730
60.1%


























Total Equity Products 2

1,437
2,836
-49.3%

33,040
65,218
-49.3%

1,615
10.7%

171,222
9.6%


























Individual Equity Products

994
2,300
-56.8%

22,856
52,890
-56.8%

1,104
8.9%

117,020
7.9%
Futures

648
1,910
-66.1%

14,903
43,935
-66.1%

679
24.5%

71,945
23.3%
Options

346
389
-11.2%

7,953
8,954
-11.2%

425
-9.2%

45,075
-10.1%
Equity Index Products

443
536
-17.4%

10,184
12,328
-17.4%

511
14.7%

54,201
13.6%


























of which Bclear

769
1,995
-61.4%

17,689
45,883
-61.4%

852
-22.5%

90,298
-23.2%
Individual Equity Products

685
1,922
-64.4%

15,754
44,217
-64.4%

748
-27.2%

79,276
-27.9%
Futures

619
1,858
-66.7%

14,237
42,737
-66.7%

657
-29.2%

69,590
-29.9%
Options

66
64
2.5%

1,517
1,480
2.5%

91
-9.2%

9,685
-10.0%
Equity Index Products

84
72
16.1%

1,934
1,667
16.1%

104
46.8%

11,023
45.4%


























Commodity Products

69
73
-5.2%

1,596
1,684
-5.2%

89
25.3%

9,467
24.2%


























U.S. Derivatives Products


















































Equity Options 3


















































NYSE Euronext Options Contracts

4,348
4,204
3.4%

95,659
92,480
3.4%

4,270
4.1%

444,050
4.1%
Total Consolidated Options Contracts

15,982
15,734
1.6%

351,610
346,148
1.6%

15,272
-2.3%

1,588,250
-2.3%


























NYSE Group Share of Total

27.2%
26.7%



27.2%
26.7%



28.0%
1.8%

28.0%
1.8%


























NYSE Liffe U.S.


















































Futures and Futures Options Volume*

50.0
68.3
-26.8%

1,150
1,571
-26.8%

54.5
-34.8%

5,827.3
-35.4%


























European Cash Products (trades in thousands)

1,404
1,612
-12.9%

30,880
35,455
-12.9%

1,407
-14.2%

147,699
-15.0%


























Equities

1,356
1,560
-13.1%

29,827
34,317
-13.1%

1,356
-14.5%

142,341
-15.3%
Exchange-Traded Funds

13
14
-6.3%

283
302
-6.3%

14
-6.5%

1,430
-7.4%
Structured Products

30
33
-9.3%

665
733
-9.3%

32
-6.3%

3,367
-7.1%
Bonds

5
5
2.5%

105
103
2.5%

5
10.1%

561
9.0%


























U.S. Cash Products (shares in millions) 5

1,527
1,890
-19.2%

33,596
41,583
-19.2%

1,544
-13.9%

160,535
-13.9%


























NYSE Listed (Tape A) Issues 4


















































Handled Volume 5

1,091
1,334
-18.2%

24,003
29,357
-18.2%

1,111
-13.2%

115,518
-13.2%
Matched Volume 6

1,051
1,266
-17.0%

23,128
27,861
-17.0%

1,069
-11.6%

111,155
-11.6%
Total NYSE Listed Consolidated Volume

3,504
3,971
-11.7%

77,098
87,362
-11.7%

3,556
-8.9%

369,850
-8.9%


























Share of Total Consolidated Volume
























Handled Volume 5

31.1%
33.6%
-2.5%

31.1%
33.6%
-2.5%

31.2%
-1.6%

31.2%
-1.6%
Matched Volume 6

30.0%
31.9%
-1.9%

30.0%
31.9%
-1.9%

30.1%
-0.9%

30.1%
-0.9%


























NYSE Arca, MKT and Regional (Tape B) Listed Issues


















































Handled Volume 5

247
291
-15.2%

5,430
6,406
-15.2%

238
-11.5%

24,710
-11.5%
Matched Volume 6

227
262
-13.3%

4,988
5,755
-13.3%

219
-8.7%

22,773
-8.7%
Total NYSE Arca & MKT Listed Consolidated Volume

1,103
1,248
-11.6%

24,268
27,460
-11.6%

1,054
-7.9%

109,575
-7.9%


























Share of Total Consolidated Volume
























Handled Volume 5

22.4%
23.3%
-0.9%

22.4%
23.3%
-0.9%

22.6%
-0.9%

22.6%
-0.9%
Matched Volume 6

20.6%
21.0%
-0.4%

20.6%
21.0%
-0.4%

20.8%
-0.2%

20.8%
-0.2%


























Nasdaq Listed (Tape C) Issues


















































Handled Volume 5

189
265
-28.5%

4,163
5,820
-28.5%

195
-20.3%

20,307
-20.3%
Matched Volume 6

167
228
-26.5%

3,682
5,010
-26.5%

174
-16.1%

18,131
-16.1%
Total Nasdaq Listed Consolidated Volume

1,783
1,904
-6.3%

39,234
41,886
-6.3%

1,786
-0.8%

185,705
-0.8%


























Share of Total Consolidated Volume
























Handled Volume 5

10.6%
13.9%
-3.3%

10.6%
13.9%
-3.3%

10.9%
-2.7%

10.9%
-2.7%
Matched Volume 6

9.4%
12.0%
-2.6%

9.4%
12.0%
-2.6%

9.8%
-1.7%

9.8%
-1.7%


























Exchange-Traded Products 5,7


















































Handled Volume 5

233
280
-16.9%

5,124
6,163
-16.9%

225
-11.4%

23,405
-11.4%
Matched Volume 6

214
251
-14.9%

4,706
5,528
-14.9%

207
-8.5%

21,579
-8.5%
Total ETF Consolidated Volume

1,060
1,237
-14.3%

23,320
27,216
-14.3%

1,016
-8.8%

105,700
-8.8%


























Share of Total Consolidated Volume
























Handled Volume 5

22.0%
22.6%
-0.6%

22.0%
22.6%
-0.6%

22.1%
-0.6%

22.1%
-0.6%
Matched Volume 6

20.2%
20.3%
-0.1%

20.2%
20.3%
-0.1%

20.4%
0.1%

20.4%
0.1%





1
Data includes currency products.

2


Includes all trading activities for Bclear, NYSE Liffe's clearing service for wholesale derivatives.

3
Includes trading in U.S. equity options contracts, not equity-index options.

4
Includes all volume executed in NYSE Group crossing sessions.

5
Represents the total number of shares of equity securities and ETFs internally matched on the NYSE Group's exchanges or routed to and executed at an external market center. NYSE Arca routing includes odd-lots.

6
Represents the total number of shares of equity securities and ETFs executed on the NYSE Group's exchanges.

7
Data included in previously identified categories.

*
ADVs calculated with the appropriate number of NYSE Liffe U.S. trading days.



Source: NYSE Euronext, Options Clearing Corporation and Consolidated Tape as reported for equity securities.



All trading activity is single-counted, except European cash trading which is double counted to include both buys and sells.




Source: NYSE Euronext

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