Eurex Vols
- Thread starter doublechin
- Start date
In January 2012, the international derivatives exchanges of Eurex
Group recorded an average daily volume of 8.2 million contracts (Jan
2011: 10.4 million). Of those, 5.5 million were Eurex Exchange
contracts (Jan 2011: 7.1 million), and 2.7 million contracts were at
the U.S.-based International Securities Exchange (ISE) (Jan 2011: 3.3
million). In total, 174.1 million contracts were traded, thereof
120.3 million at Eurex and 53.8 million at the ISE.
Eurex Exchange grew slightly in its equity index segment, the largest
product segment, to 59.8 million contracts compared with 59.2 million
contracts in January 2011. Futures on the EURO STOXX 50® Index stood
at 21.1 million contracts while 24.9 million options were traded on
this index. Futures on the DAX totaled 3.0 million contracts while
the DAX options reached another 4.7 million contracts. The Eurex
KOSPI product reached 3.0 million contracts, compared to 176,000
contracts in January 2011.
The equity derivatives (equity options and single stock futures)
segment at Eurex Exchange reached 26.3 million contracts (January
2011: 40.9 million). Thereof, equity options totaled 20.8 million
contracts and single stock futures equaled 5.5 million contracts.
Equity derivatives volume y-o-y is influenced by the change of
contract specifications: In the first quarter of 2011, Eurex Exchange
increased the contract size of most equity options and single stock
futures to match international standards, with the effect of
potentially lower turnover in these products. The adjusted monthly
volume figure in the equity derivatives segment in January 2012 would
have been approximately 31 million contracts under the previous, old
contract specifications.
<b>The interest rate derivatives segment achieved 33.3 million contracts
(Jan 2011: 47.9 million).
</B> The Euro-Bund-Future reached 12.8 million
contracts in January, the Euro-Bobl-Future 7.0 million contracts and
the Euro-Schatz-Future 7.3 million contracts. The Euro BTP future
totaled more than 222,000 contracts.
The Eurex segment dividend-based derivatives totaled approximately
571,000 contracts; single stock dividend derivatives peaked at a new
monthly record of around 193,000 contracts. Commodity derivatives
reached around 92,000 contracts. Volatility derivatives achieved
about 270,000 contracts.
Eurex Repo, which operates Swiss Franc, Euro Repo and GC Pooling
markets, recorded 238.2 billion euros average outstanding volume in
all repo markets (January 2011: 268.0 billion euros). The Euro Repo
Market totaled an average outstanding volume of 156.5 billion euros
in November, an increase of 37 percent y-o-y. The secured money
market GC Pooling recorded an average outstanding volume of 121.4
billion euros, an increase of 37 percent y-o-y (January 2011: 88.8
billion euros). The Swiss Franc Repo market reached 81.7 billion
euros.
The electronic trading platform Eurex Bonds, which rounds out Eurexâs
fixed-income product range, traded 12.0 billion euros (single
counting) in January 2012 (Jan 2011: 14.6 billion euros). January
volume is 44 percent higher than in the previous month December 2011.
The volume traded on the Power Derivatives Market of European Energy
Exchange (EEX) amounted to 105.2 tera watt hours (TWh) in January
2012 (January 2011: 94.5 TWh). On the EEX Spot and Derivatives Market
for natural gas, the volume traded amounted to 7.0 TWh (January 2011:
2.3 TWh). In January, a volume of 7.4 million tons of CO2 was traded
on the Spot and Derivatives Market for CO2 Emission Allowances
compared with 14.0 million tons of CO2 in January 2011.
http://online.wsj.com/article/SB10001424052970204573704577185100193763384.html
"<b>One of the concerns expressed by the European Commission, Japan and Canada is that the Volcker rule exempts U.S. government bonds from the ban on proprietary trading, and not those of other countries.</B>"
So still plenty of volume in tnotes and zilch in bund. It's ironic they wanted no speculation in the European bond markets, then when it stopped they go asking banks for them to speculate prop in the market again since all the volume has dried up!
Group recorded an average daily volume of 8.2 million contracts (Jan
2011: 10.4 million). Of those, 5.5 million were Eurex Exchange
contracts (Jan 2011: 7.1 million), and 2.7 million contracts were at
the U.S.-based International Securities Exchange (ISE) (Jan 2011: 3.3
million). In total, 174.1 million contracts were traded, thereof
120.3 million at Eurex and 53.8 million at the ISE.
Eurex Exchange grew slightly in its equity index segment, the largest
product segment, to 59.8 million contracts compared with 59.2 million
contracts in January 2011. Futures on the EURO STOXX 50® Index stood
at 21.1 million contracts while 24.9 million options were traded on
this index. Futures on the DAX totaled 3.0 million contracts while
the DAX options reached another 4.7 million contracts. The Eurex
KOSPI product reached 3.0 million contracts, compared to 176,000
contracts in January 2011.
The equity derivatives (equity options and single stock futures)
segment at Eurex Exchange reached 26.3 million contracts (January
2011: 40.9 million). Thereof, equity options totaled 20.8 million
contracts and single stock futures equaled 5.5 million contracts.
Equity derivatives volume y-o-y is influenced by the change of
contract specifications: In the first quarter of 2011, Eurex Exchange
increased the contract size of most equity options and single stock
futures to match international standards, with the effect of
potentially lower turnover in these products. The adjusted monthly
volume figure in the equity derivatives segment in January 2012 would
have been approximately 31 million contracts under the previous, old
contract specifications.
<b>The interest rate derivatives segment achieved 33.3 million contracts
(Jan 2011: 47.9 million).
</B> The Euro-Bund-Future reached 12.8 million contracts in January, the Euro-Bobl-Future 7.0 million contracts and
the Euro-Schatz-Future 7.3 million contracts. The Euro BTP future
totaled more than 222,000 contracts.
The Eurex segment dividend-based derivatives totaled approximately
571,000 contracts; single stock dividend derivatives peaked at a new
monthly record of around 193,000 contracts. Commodity derivatives
reached around 92,000 contracts. Volatility derivatives achieved
about 270,000 contracts.
Eurex Repo, which operates Swiss Franc, Euro Repo and GC Pooling
markets, recorded 238.2 billion euros average outstanding volume in
all repo markets (January 2011: 268.0 billion euros). The Euro Repo
Market totaled an average outstanding volume of 156.5 billion euros
in November, an increase of 37 percent y-o-y. The secured money
market GC Pooling recorded an average outstanding volume of 121.4
billion euros, an increase of 37 percent y-o-y (January 2011: 88.8
billion euros). The Swiss Franc Repo market reached 81.7 billion
euros.
The electronic trading platform Eurex Bonds, which rounds out Eurexâs
fixed-income product range, traded 12.0 billion euros (single
counting) in January 2012 (Jan 2011: 14.6 billion euros). January
volume is 44 percent higher than in the previous month December 2011.
The volume traded on the Power Derivatives Market of European Energy
Exchange (EEX) amounted to 105.2 tera watt hours (TWh) in January
2012 (January 2011: 94.5 TWh). On the EEX Spot and Derivatives Market
for natural gas, the volume traded amounted to 7.0 TWh (January 2011:
2.3 TWh). In January, a volume of 7.4 million tons of CO2 was traded
on the Spot and Derivatives Market for CO2 Emission Allowances
compared with 14.0 million tons of CO2 in January 2011.
http://online.wsj.com/article/SB10001424052970204573704577185100193763384.html
"<b>One of the concerns expressed by the European Commission, Japan and Canada is that the Volcker rule exempts U.S. government bonds from the ban on proprietary trading, and not those of other countries.</B>"
So still plenty of volume in tnotes and zilch in bund. It's ironic they wanted no speculation in the European bond markets, then when it stopped they go asking banks for them to speculate prop in the market again since all the volume has dried up!
Funny how the volumes dried up on eurex when they shun the human traders and welcome true liquidity destroying participants (HFT/Algo).
Fucking good job.
I'm glad people are voting with their feet and not putting up with the shit that eurex and their good pals at RSJ have been dishing out the last few years.
Once the last of the real liquidity is gone then its goodnight,except for a few algos chasing a 10 lot here and there.
Anyone want to know how to take a perfectly good business and run it into the ground? Employ eurex 's management team.