Euronext’s FastMatch reports +27.3% YoY of FX spot trading in February

Pan-European exchange Euronext, the leading in the Eurozone with nearly 1,300 listed issuers, announced its trading volumes for February 2018, revealing +29.4% YoY in average daily volume of cash trading.
In February 2018, the average daily transaction value on the Euronext cash order book stood at €9,141 million, up +29.4% compared to February 2017 and up +17.6% from the previous month. The current record daily volume high for the year was printed on 6 February, at €16,848 million, representing the 11th most active day since 2010.
In December 2017, Euronext announced the acquisition of 100% of The Irish Stock Exchange (ISE) for €137 million, Ireland’s incumbent stock exchange operator and a leading global debt and fund listing venue.
Euronext’s ETFs order book had an average daily transaction value of €419 million, up +66.7% compared to February 2017 and up +46.6% from the previous month. The exchange has 803 ETFs in its listings, one less compared to 804 at the end of December 2017.
Derivatives trading at Euronext saw overall average daily volume reaching  638,880 contracts, up +11.4% compared to February 2017 and up +13.8% compared to the previous month:
– the average daily volume on equity index derivatives reached 269,082 contracts, up +15.5% compared to February 2017 and up +34.7% from the previous month;
– the average daily volume on individual equity derivatives reached 315,270 contracts, up +11.7% compared to February 2017 and up +0.6% from the previous month;
– the average daily volume on commodities derivatives reached 54,528 contracts, down -5.9% compared to February 2017 and up +13.6% from the previous month;
– the overall average daily volume on Euronext derivatives stood at 598,207 contracts (+18.1% compared to the end of February 2017) and the open interest was up at 17,954,447 contracts (+20.2% compared to the end of February 2017).
Daily volume of FX spot trading at Euronext, operated by spot foreign exchange market of FastMatch, came in at $21,113 million, up +27.3% compared to February 2017 and up +1.6% from the previous month. Euronext acquired 90% of FastMatch in August 2017.
Earlier this year, Euronext acquired 80% of InsiderLog. a capital of insider list management firm. The company also acquired a $10 million minority stake investment in fixed income technology provider Algomi.