Eurex, the international derivatives exchange, saw a turnover of approximately 172 million contracts in November, an increase of 32 per cent compared with November 2006 (130 million contra
Eurex, the international derivatives exchange, saw a turnover of approximately 172 million contracts in November, an increase of 32 per cent compared with November 2006 (130 million contracts). On average, 7.8 million contracts were traded daily in November and the average daily turnover in 2007 is 7.5 million contracts.
Some 73.2 million contracts were traded in the equity index derivatives segment in November, the segment with the highest turnover. Growth y-o-y was 57 per cent compared with 46.6 million contracts in November 2006. The future on the DJ Euro STOXX 50 index saw 30 million contracts, followed by the option on this index with the second best monthly performance with 27.7 million contracts. The DAX option also reached its second-best monthly figure with 8.8 million contracts.
Equity derivatives (equity options and single stock futures) were up 47 per cent, 34.6 million contracts were traded in this segment compared with 23.5 million in November 2006. Single stock futures, strongly growing by 59 per cent (compared to October 2007), generated turnover of 3.5 million contracts.
The fixed-income derivatives segment recorded 64 million contracts (Nov 2006: 59.5 million). The Euro-Bund Future saw 27.8 million contracts (plus 4 percent y-o-y). On the Euro-Bobl Future, 14.3 million contracts were traded, up 11 per cent y-o-y; and turnover on the Euro-Schatz Future rose by 17 per cent y-o-y to 15.5 million contracts.
Eurex Repo, which operates CHF- and EUR repo markets, set in its money market segment Euro GC Pooling a new daily record with outstanding volume of EUR 26.6 billion on 6 November. Average outstanding volume reached in November EUR 21 billion, a plus of 81 percent y-o-y (Nov 2006: EUR 11.6 billion). All Eurex Repo markets recorded in difficult market conditions an average outstanding volume of EUR 93.3 billion.
Approximately EUR 10.2 billion (single counting) was traded in November on the Eurex Bonds electronic trading platform, which rounds out Eurex's range of fixed income product range, compared to EUR 11.5 billion in October 2007.
Yen carry trade risks mount
Hedge funds and other leveraged investors face renewed risks from the yen carry trade as Japan moves further away from decades of…
More
Valour launches first crypto hedge fund using Neuronomics AI strategy
Valour, the digital asset investment products subsidiary of DeFi Technologies, has launched its first hedge fund as it expands beyond…
More
SocGen targets strong prime brokerage growth
Societe Generale is planning to significantly expand its prime brokerage business as part of Chief Executive Officer Slawomir Krupa's…
More