06/09/2021 | Press release | Distributed by Public on 06/09/2021 01:44
- Volume of traded derivatives contracts grows in May
Total traded derivatives contracts grew 13 percent in May compared to the same month last year - from 121.8 million to 137.4 million. This figure included strong growth in European interest rate derivatives and European equity derivatives - up 37 percent and 41 percent, respectively - and a modest fall of 8 percent in the number of European equity index derivatives contracts traded. This growth in May comes after a mixed few months in 2021 due to comparisons with the unprecedented volatility in early 2020.
Eurex's OTC Clearing business saw IRS volumes grow in terms of both notional outstanding - up 15 percent from 18,960 billion to 21,440 billion EUR - and average daily cleared volume which grew 25 percent, from 17 billion to 21 billion EUR compared to the same month last year. Overall clearing notional outstanding grew 15 percent, while overall average daily cleared volume dropped 33 percent across the same period.
Eurex Repo saw drops in monthly term adjusted volumes; of 46 percent in GC Pooling and 12 percent in the Repo Market.
Business overview
|
May 2021 |
May 2020 |
Change |
Financial derivatives: Traded contracts Eurex Exchange |
|||
European equity index derivatives (million) |
60.5 |
66.1 |
-8% |
European interest rate derivatives (million) |
49.5 |
36.2 |
+37% |
European equity derivatives (million) |
27.2 |
19.3 |
+41% |
Total (million)1 |
137.4 |
121.8 |
+13% |
OTC Clearing2 |
|||
Notional outstanding volumes (billion EUR) |
21,440 |
18,960 |
+15% |
|
9,687 |
7,235 |
+34% |
Average daily cleared volumes (billion EUR) |
95 |
142 |
-33% |
|
21 |
17 |
+25% |
Compression volumes |
41 |
0 |
N/A |
Repo: Average monthly term-adjusted volume on Eurex Repo |
|||
GC Pooling3 (billion EUR) |
54.4 |
100.6 |
-46% |
Repo Market (billion EUR) |
80.8 |
92.2 |
-12% |
1 The total number of contracts traded includes other asset classes such as commodities.
2 Notional cleared volumes including post trading events such as compression.
3 Includes all currencies.