Regulatory Filings • Dec 10, 2012
Regulatory Filings
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Global Derivatives and U.S. Cash ADV Down Year-over-Year; Up Month-over-Month #1 in U.S. Equity Options for Second Consecutive Month
December 10, 2012 – NYSE Euronext (NYX) today announced trading volumes for its global derivatives and cash equities exchanges for November 2012 1 . Global derivatives average daily volume ("ADV") of 8.1 million contracts in November 2012 decreased 2.5% compared to November 2011, but increased 12.2% from October 2012. Trading volumes in European and U.S. equities, declined year-over-year but U.S equities improved from October 2012 levels.
1 All NYSE Euronext derivatives transactions count buy and sell orders together as a single transaction. NYSE Euronext European equities transactions count each buy and sell order as separate transactions, NYSE Euronext U.S. equities transactions count buy and sell orders together as a single transaction.
European Derivatives
U.S. Derivatives
Year-to-date, U.S. futures and futures options ADV of 72,800 contracts was 9.5% below prior year levels.
European Cash
U.S. Cash
Please click here for the Monthly Transaction Activity Data Table.
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixedincome and exchange-traded products. With approximately 8,000 listed issues (excluding European Structured Products), NYSE Euronext's equities markets - the New York Stock Exchange, NYSE Euronext, NYSE MKT, NYSE Alternext and NYSE Arca - represent one-third of the world's equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, one of the leading European derivatives businesses and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index. For more information, please visit:http://www.nyx.com.
This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext's plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext's current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext's results to differ materially from current expectations include, but are not limited to: NYSE Euronext's ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext's 2011 Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower
than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.
| Average Daily Volume | Total Volume | Average Daily Volume | Total Volume | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| % Chg vs. | % Chg vs. | |||||||||
| (Unaudited; contracts in thousands) | nov-12 | nov-11 | % Chg | nov-12 | nov-11 | % Chg | YTD 2012 | YTD 2011 | YTD 2012 | YTD 2011 |
| Number of Trading Days - European Cash | 22 | 22 | 22 | 22 | 237 | 237 | ||||
| Number of Trading Days - European Derivatives Number of Trading Days - U.S. Markets |
22 21 |
22 21 |
22 21 |
22 21 |
238 230 |
238 230 |
||||
| European Derivatives Products | 3 983 | 3 974 | 0,2% | 87 616 | 87 432 | 0,2% | 3 737 | -18,0% | 889 477 | -17,4% |
| of which Bclear | 1 630 | 855 | 90,6% | 35 857 | 18 811 | 90,6% | 1 103 | -2,5% | 262 605 | -1,7% |
| Total Fixed Income Products | 1 582 | 2 136 -25,9% | 34 803 | 46 998 -25,9% | 1 768 | -24,1% | 420 750 | -23,5% | ||
| Short Term Interest Rate Products | 1 376 | 1 963 -29,9% | 30 267 | 43 195 -29,9% | 1 613 | -26,2% | 383 910 | -25,6% | ||
| Medium and Long Term Interest Rate Products 1 | 206 | 173 | 19,3% | 4 537 | 3 803 | 19,3% | 155 | 7,6% | 36 840 | 8,5% |
| Total Equity Products 2 | 2 314 | 1 770 | 30,8% | 50 914 | 38 930 | 30,8% | 1 881 | -12,5% | 447 634 | -11,7% |
| Individual Equity Products | 1 884 | 1 240 | 52,0% | 41 457 | 27 275 | 52,0% | 1 407 | -10,0% | 334 756 | -9,3% |
| Futures Options |
1 521 364 |
706 115,3% 533 -31,8% |
33 454 8 003 |
15 539 115,3% 11 737 -31,8% |
963 443 |
-0,4% -25,6% |
229 301 105 456 |
0,4% -25,0% |
||
| Equity Index Products | 430 | 530 -18,9% | 9 457 | 11 654 -18,9% | 474 | -19,0% | 112 878 | -18,3% | ||
| of which Bclear Individual Equity Products |
1 630 1 556 |
855 787 |
90,6% 97,7% |
35 857 34 236 |
18 811 17 320 |
90,6% 97,7% |
1 103 1 030 |
-2,5% -2,1% |
262 605 245 169 |
-1,7% -1,3% |
| Futures | 1 494 | 681 119,3% | 32 872 | 14 987 119,3% | 940 | -1,1% | 223 727 | -0,2% | ||
| Options | 62 | 106 -41,5% | 1 365 | 2 333 -41,5% | 90 | -11,9% | 21 443 | -11,2% | ||
| Equity Index Products | 74 | 68 | 8,8% | 1 621 | 1 490 | 8,8% | 73 | -8,0% | 17 435 | -7,3% |
| Commodity Products | 86 | 68 | 26,2% | 1 898 | 1 504 | 26,2% | 89 | 8,3% | 21 093 | 9,2% |
| U.S. Derivatives Products | ||||||||||
| Equity Options 3 | ||||||||||
| NYSE Euronext Options Contracts | 4 068 | 4 244 | -4,2% | 85 423 | 89 127 | -4,2% | 3 893 | -12,5% | 895 374 | -12,9% |
| Total Consolidated Options Contracts | 14 488 | 15 119 | -4,2% | 304 256 317 497 | -4,2% | 14 767 | -13,1% | 3 396 328 | -13,5% | |
| NYSE Group Share of Total | 28,1% | 28,1% | 28,1% | 28,1% | 26,4% | 0,2% | 26,4% | 0,2% | ||
| NYSE Liffe U.S. | ||||||||||
| Futures and Futures Options Volume* | 51,5 | 88,5 -41,8% | 1 133 | 1 947 -41,8% | 72,8 | -9,5% | 17 316,9 | -9,1% | ||
| European Cash Products (trades in thousands) | 1 170 | 1 671 | -30,0% | 25 739 | 36 756 | -30,0% | 1 476 | -15,4% | 349 716 | -15,0% |
| Equities | 1 122 | 1 602 -29,9% | 24 693 | 35 243 -29,9% | 1 426 | -14,9% | 337 862 | -14,6% | ||
| Exchange-Traded Funds Structured Products |
12 29 |
22 -43,3% 42 -30,1% |
274 644 |
483 -43,3% 922 -30,1% |
13 31 |
-35,7% -26,1% |
3 191 7 426 |
-35,5% -25,8% |
||
| Bonds | 6 | 5 | 18,1% | 127 | 108 18,1% | 5 | 4,6% | 1 236 | 5,0% | |
| U.S. Cash Products (shares in millions) 5 | 1 585 | 2 108 | -24,8% | 33 284 | 44 272 | -24,8% | 1 699 | -27,0% | 390 714 | -27,3% |
| NYSE Listed (Tape A) Issues 4 | ||||||||||
| Handled Volume 5 | 1 132 | 1 466 | -22,8% | 23 772 | 30 790 | -22,8% | 1 216 | -25,7% | 279 573 | -26,1% |
| Matched Volume 6 | 1 086 | 1 391 | -22,0% | 22 804 | 29 219 | -22,0% | 1 154 | -25,6% | 265 422 | -25,9% |
| Total NYSE Listed Consolidated Volume | 3 421 | 4 083 | -16,2% | 71 832 | 85 749 | -16,2% | 3 685 | -17,0% | 847 585 | -17,3% |
| Share of Total Consolidated Volume | ||||||||||
| Handled Volume 5 | 33,1% | 35,9% | -2,8% | 33,1% | 35,9% | -2,8% | 33,0% | -3,9% | 33,0% | -3,9% |
| Matched Volume 6 | 31,7% | 34,1% | -2,4% | 31,7% | 34,1% | -2,4% | 31,3% | -3,6% | 31,3% | -3,6% |
| NYSE Arca, MKT and Regional (Tape B) Listed Issues | ||||||||||
| Handled Volume 5 | 235 | 368 | -36,2% | 4 936 | 7 738 | -36,2% | 250 | -35,8% | 57 456 | -36,1% |
| Matched Volume 6 Total NYSE Arca & MKT Listed Consolidated Volume |
217 1 010 |
333 1 422 |
-34,7% -29,0% |
4 564 21 213 |
6 988 29 868 |
-34,7% -29,0% |
226 1 063 |
-35,5% -29,2% |
51 956 244 429 |
-35,8% -29,5% |
| Share of Total Consolidated Volume | ||||||||||
| Handled Volume 5 | 23,3% | 25,9% | -2,6% | 23,3% | 25,9% | -2,6% | 23,5% | -2,4% | 23,5% | -2,4% |
| Matched Volume 6 | 21,5% | 23,4% | -1,9% | 21,5% | 23,4% | -1,9% | 21,3% | -2,1% | 21,3% | -2,1% |
| Nasdaq Listed (Tape C) Issues | ||||||||||
| Handled Volume 5 | 218 | 274 | -20,3% | 4 576 | 5 744 | -20,3% | 233 | -22,5% | 53 686 | -22,9% |
| Matched Volume 6 | 195 | 236 | -17,6% | 4 088 | 4 963 | -17,6% | 201 | -22,5% | 46 250 | -22,9% |
| Total Nasdaq Listed Consolidated Volume | 1 769 | 1 857 | -4,7% | 37 152 | 38 997 | -4,7% | 1 754 | -14,8% | 403 392 | -15,2% |
| Share of Total Consolidated Volume | ||||||||||
| Handled Volume 5 Matched Volume 6 |
12,3% 11,0% |
14,7% 12,7% |
-2,4% -1,7% |
12,3% 11,0% |
14,7% 12,7% |
-2,4% -1,7% |
13,3% 11,5% |
-1,3% -1,1% |
13,3% 11,5% |
-1,3% -1,1% |
| Exchange-Traded Funds 5,7 | ||||||||||
| Handled Volume 5 | 225 | 355 | -36,6% | 4 727 | 7 453 | -36,6% | 235 | -36,1% | 54 030 | -36,4% |
| Matched Volume 6 Total ETF Consolidated Volume |
209 987 |
320 1 400 |
-34,9% -29,5% |
4 381 20 728 |
6 728 29 409 |
-34,9% -29,5% |
212 1 028 |
-35,8% -28,9% |
48 824 236 429 |
-36,1% -29,2% |
| Share of Total Consolidated Volume | ||||||||||
| Handled Volume 5 | 22,8% | 25,3% | -2,5% | 22,8% | 25,3% | -2,5% | 22,9% | -2,6% | 22,9% | -2,6% |
| Matched Volume 6 | 21,1% | 22,9% | -1,8% | 21,1% | 22,9% | -1,8% | 20,7% | -2,2% | 20,7% | -2,2% |
1 Data includes currency products.
2 Includes all trading activities for Bclear, NYSE Liffe's clearing service for wholesale derivatives.
3 Includes trading in U.S. equity options contracts, not equity-index options.
4 Includes all volume executed in NYSE Group crossing sessions.
5 Represents the total number of shares of equity securities and ETFs internally matched on the NYSE Group's exchanges or routed to and executed at an external market center. NYSE Arca routing includes odd-lots.
6 Represents the total number of shares of equity securities and ETFs executed on the NYSE Group's exchanges.
7 Data included in previously identified categories.
* ADVs calculated with the appropriate number of NYSE Liffe U.S. trading days.
Source: NYSE Euronext, Options Clearing Corporation and Consolidated Tape as reported for equity securities. All trading activity is single-counted, except European cash trading which is double counted to include both buys and sells.
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