Pan-European Exchange, Euronext Sees MoM Decline in Trading Volume in June 2018

Stéphane Boujnah, Chief Executive Officer and Chairman of the Managing Board of Euronext

Euronext, the pan-European exchange on Thursday announced trading volumes metrics for the month of June 2018, posting an overall growth in a year-on-year but were on a weaker side when compared on a monthly basis.

During the month, the average daily transactions were recorded at €8,822.3 million, an increase of 2.1 per cent compared to June 2017 and 3.5 per cent compared to the previous month. The daily average volume in June was also higher compared to the average volume in the first six months of this year which is €8,566.2 million, up by 8.9 per cent compared to last year.

The Fx spot trading volume on the spot foreign exchange market of FastMatch is recorded at $22,240 million, higher by 13 per cent compared to June 2017 but is slightly lower (1.5 per cent) from the previous month.

The ETF’s order book’s daily average transaction in June is recorded at €248 million, up by 8 per cent year on year, but has declined by 9.3 per cent compared to May’s figures. By the end of the month, around 25 ETFs had been listed on Euronext since the start of the year and total ETFs listed on exchange stands at 1,072 ETFs.

The Derivative segment recorded mixed results for June with the growth of 24.3 per cent higher on a yearly interval but is own by 9.3 per cent month on month basis. The Equity index derivates reached a daily average if 243,353 contracts, down by 1.7 per cent year on year basis but expanded by 9.5 per cent compared to previous month. Commodities derivatives witnessed a daily average volume of 62,276 contracts, lower by 1.9 per cent compared to May 2018.

The exchange’s listing business has shown a robust growth with seven new listings, raising total €1,067 million. €58.7 billion was also raised on Euronext in bonds and of this, €2.3 billion was in five green bonds and €4.1 billion was raised in follow-on equity. At the end of June 2018, Euronext has a total of about 1,300 listed firms with a market capitalisation of close to €3.9 trillion.