NYSE Euronext (NYX) reported strong transaction volume growth across most of its products and exchanges during the month of May 2008, compared to the same period in 2007 and year-to-date. NYSE Euronext's European cash and derivatives operations reported their busiest May on record.
Cash products:
* NYSE Euronext's European cash exchanges experienced continued growth and their busiest May ever, with average daily volume of 1.29 million transactions per day, up 11.2% compared to May 2007, and a total year-to-date volume increase of 31.8%. Additionally, Euronext registered strong growth in ETF transactions, with a year-to-date increase of 52.3% and monthly increase of 11.4% versus the same period in 2007.
* NYSE Euronext's U.S. cash exchanges, the New York Stock Exchange and NYSE Arca, reported a total volume[1] increase of 17.7% year-to-date. NYSE Euronext's U.S. exchanges experienced gains across most product categories since the beginning of 2008 versus the same period in 2007, including 14% for NYSE listed issues, 125% in NYSE Arca and Amex listed issues, and 76% in ETFs.
Derivatives products:
* NYSE Euronext's derivatives trading operations on Liffe experienced its busiest May ever, leading to a 30% increase in total contracts traded year-to-date compared to the same period in 2007. In May, Liffe traded more than 91 million futures and options contracts, representing an average daily volume of 4.3 million, up 20.8% from the same month in 2007. Bclear, Liffe's wholesale service for OTC trades, set another new monthly trading record, processing over 28 million contracts during the month, up 77.7% compared to the same month last year. Year-to-date trading in Liffe's short-term interest rate (STIR) contracts increased by 42.6%, compared to the same period in 2007. Equity products traded an average daily volume of 2.3 million during May 2008, up 33% on the same month in 2007. Liffe's AEX-index Daily Options, launched on 31 March 2008, traded 240,000 contracts during May 2008 and have now traded over 500,000 contracts since launch.
* Average daily volume on NYSE Arca Options increased 30.7% to 1.5 million contracts traded each day in May 2008, while total consolidated options volume rose by 24.9% compared to the same month last year. NYSE Arca Options captured 12.4% of the trading in all options in May 2008, including 13.4% year-to-date of all trading in the SEC Penny Pilot program.
Listings:
* As of May 2008, 21 Exchange Traded Funds listed on NYSE Euronext markets bringing the total number of listed issues to 637. This included six new Exchange Traded Fund listings on Euronext markets, with an additional 11 Exchange Traded Funds and four Exchange Traded Notes on NYSE Arca. Also this month, the NYSE listed six new structured products.
* On May 22, NYSE Euronext's Alternext market listed Proventec, the first UK firm to dual list on AIM and Alternext. Proventec is also the third international company to list on Alternext this year and follows the listing of two Chinese companies, Huacheng Real Estate (Alternext Paris: ALHUA) and China Corn Oil (Alternext Paris: ALCCO). NYSE Euronext's U.S. markets added 30 new listings, which included five IPOs, representing approximately $1.2 billion in IPO proceeds raised. -- www.nyse.com
Comment and add to the story without registration, but keep the comments meaningful please. Links are not accepted.
