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Euronext N.V.

Regulatory Filings Feb 8, 2012

3839_iss_2012-02-08_d26ea9f0-5e87-4fd6-ac42-532dc3372d8b.pdf

Regulatory Filings

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NYSE Euronext Announces Trading Volumes for January 2012

Global Derivatives ADV Down 17% Year-over-Year European Cash ADV Down 15%; U.S. Cash ADV Down 24%

February 8, 2012 – NYSE Euronext (NYX) today announced trading volumes for its global derivatives and cash equities exchanges for January 20121 . Trading volumes declined year-overyear across most venues, but generally rebounded from seasonally slower December 2011. Global derivatives average daily volume ("ADV") of 7.5 million contracts in January 2012 decreased 17.3% versus the prior year, with European Derivatives declining 31.3% and U.S. equity options decreasing 4.1%. European cash trading ADV decreased 14.6% and U.S. cash trading ADV decreased 23.5% from January 2011 levels.

Highlights

  • NYSE Euronext global derivatives ADV in January 2012 of 7.5 million contracts decreased 17.3% compared to January 2011, but increased 0.3% from December 2011 levels.
  • NYSE Euronext European derivatives products ADV in January 2012 of 3.2 million contracts decreased 31.3% compared to January 2011 and decreased 6.3% from December 2011 levels. Excluding Bclear, NYSE Liffe's trade administration and clearing service for OTC products, European derivatives products ADV decreased 28.3% compared to January 2011, but increased 21.6% from December 2011.
  • NYSE Euronext U.S. equity options ADV of 4.2 million contracts in January 2012 decreased 4.1% compared to January 2011 levels, but increased 6.0% from December 2011. NYSE Euronext's U.S. options exchanges accounted for 26.6% of total U.S. consolidated equity options trading in January 2012, up from 24.5% in January 2011, but down from 27.7% in December 2011.
  • NYSE Liffe U.S. ADV of approximately 94,900 contracts increased from 13,500 contracts in January 2011 and increased from 89,600 contracts in December 2011.
  • NYSE Euronext European cash products ADV of 1.5 million transactions in January 2012 decreased 14.6% compared to January 2011, but increased 12.9% from December 2011 levels.
  • NYSE Euronext U.S. cash products handled ADV of 1.8 billion shares in January 2012 decreased 23.5% compared to January 2011, but increased 1.1% compared to December 2011. NYSE Euronext's Tape A matched market share in January 2012 was 30.3%, down from 33.9% in January 2011 and down from 33.4% in December 2011. Trade Reporting Facility ("TRF") market share in Tape A securities, a measure of off-exchange trading, increased to 34.1% of consolidated U.S. cash equity trading in Tape A securities in

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.

January 2012, the highest level since January 2010, and up from 31.1% in December 2011 and 33.1% in January 2011.

• There were a total of 22 trading days in Europe and 20 trading days in the U.S. in January 2012 compared to 21 trading days in Europe and 20 trading days in the U.S. in January 2011.

Derivatives Trading

European Derivatives

  • NYSE Euronext European derivatives products ADV in January 2012 was 3.2 million futures and options contracts, a decrease of 31.3% from January 2011, but an increase of 0.3% from December 2011.
  • The 3.2 million in European derivatives futures and options contracts ADV in January 2012 consisted of 2.7 million contracts executed through our full-service LIFFE CONNECT trading platform and 0.5 million contracts, or 16.9%, executed through Bclear, NYSE Liffe's trade administration and clearing service for OTC products. Excluding Bclear, European derivatives products ADV decreased 28.3% compared to January 2011, but increased 21.6% from December 2011.
  • Total fixed income products ADV of 1.8 million contracts in January 2012 decreased 29.7% from January 2011, but increased 36.2% from December 2011.
  • Total equity products (including Bclear) ADV of 1.3 million contracts in January 2012 decreased 34.5% compared to January 2011 and decreased 9.0% from December 2011. The 1.3 million contracts in equity products ADV consisted of 0.9 million contracts in individual equity products ADV and 0.4 million contracts in equity index products ADV. The 0.9 million contracts in individual equity products ADV consisted of 0.4 million in futures contracts, which represented a 46.5% decrease compared to January 2011 and 0.5 million in options contracts, which represented a 29.9% decrease compared to January 2011. The average net rate per contract for individual equity futures contracts is significantly lower than other European derivatives products.
  • Total commodities products ADV of 75,000 contracts in January 2012 increased 1.0% compared to January 2011 and increased 10.3% compared to December 2011.

U.S. Derivatives

  • NYSE Euronext U.S. equity options ADV of 4.2 million contracts in January 2012 decreased 4.1% compared to January 2011, but increased 6.0% compared to December 2011.
  • Total U.S. consolidated equity options ADV decreased 11.7% to 15.7 million contracts in January 2012 compared to January 2011, but increased 10.2% compared to December 2011.
  • NYSE Euronext's U.S. options exchanges accounted for 26.6% of the total U.S. consolidated equity options trading in January 2012, up from 24.5% in January 2011, but down from 27.7% in December 2011.
  • NYSE Liffe U.S. ADV of approximately 94,900 contracts increased from 13,500 contracts in January 2011 and increased from 89,600 contracts in December 2011.

Cash Trading

European Cash

• NYSE Euronext European cash products ADV of 1.5 million transactions in January 2012 decreased 14.6% compared to January 2011, but increased 12.9% compared to December 2011.

U.S. Cash

  • NYSE Euronext U.S. cash products handled ADV in January 2012 decreased 23.5% to 1.8 billion shares compared to January 2011, but increased 1.1% from December 2011.
  • NYSE Euronext's Tape A matched market share in January 2012 was 30.3%, down from 33.9% in January 2011 and down from 33.4% in December 2011. TRF market share in Tape A securities, a measure of off-exchange trading, increased to 34.1% of consolidated U.S. cash equity trading in Tape A securities in January 2012, the highest level since January 2010, and up from 31.1% in December 2011 and 33.1% in January 2011.

Exchange Traded Funds

• NYSE Euronext U.S. matched exchange-traded funds ADV (included in volumes for Tape B and Tape C) of 228 million shares in January 2012 decreased 15.6% compared to January 2011 and decreased 8.1% compared to December 2011.

Please click here for the Monthly Transaction Activity Data Table.

About NYSE Euronext

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, fixed-income 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 Amex, 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, and is the only exchange operator in the Fortune 500. For more information, please visit: http://www.nyx.com.

Disclaimer and Cautionary Note Regarding Forward-Looking Statements

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 reference document for 2010 ("document de référence") filed with the French Autorité des Marchés Financiers (Filed on April 19, 2011 under No. D.11-0333), 2010 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.

NYSE Euronext Monthly Volume Summary

Average Daily Volume Total Volume Average Daily Volume Total Volume
% Chg vs. % Chg vs.
(Unaudited; contracts in thousands) Jan-12 Jan-11 % Chg Jan-12 Jan-11 % Chg YTD 2011 YTD 2010 YTD 2011 YTD 2010
Number of Trading Days - European Markets
Number of Trading Days - U.S. Markets
22
20
21
20
22
20
21
20
22
20
22
20
European Derivatives Products 3,222 4,688 -31.3% 70,891 98,441 -28.0% 3,222 -31.3% 70,891 -28.0%
of which Bclear 546 954 -42.8% 12,014 20,044 -40.1% 546 -42.8% 12,014 -40.1%
Total Fixed Income Products 1,842 2,622 -29.7% 40,529 55,060 -26.4% 1,842 -29.7% 40,529 -26.4%
Short Term Interest Rate Products
Medium and Long Term Interest Rate Products 1
1,723
119
2,515
106
-31.5%
12.1%
37,904
2,625
52,825
2,234
-28.2%
17.5%
1,723
119
-31.5%
12.1%
37,904
2,625
-28.2%
17.5%
Total Equity Products 2 1,305 1,991 -34.5% 28,711 41,821 -31.3% 1,305 -34.5% 28,711 -31.3%
Individual Equity Products 906 1,470 -38.3% 19,936 30,863 -35.4% 906 -38.3% 19,936 -35.4%
Futures 402 750 -46.5% 8,837 15,753 -43.9% 402 -46.5% 8,837 -43.9%
Options
Equity Index Products
504
399
720
522
-29.9%
-23.6%
11,099
8,775
15,110
10,958
-26.5%
-19.9%
504
399
-29.9%
-23.6%
11,099
8,775
-26.5%
-19.9%
of which Bclear
Individual Equity Products
546
486
954
887
-42.8%
-45.1%
12,014
10,701
20,044
18,617
-40.1%
-42.5%
546
486
-42.8%
-45.1%
12,014
10,701
-40.1%
-42.5%
Futures 402 750 -46.4% 8,837 15,747 -43.9% 402 -46.4% 8,837 -43.9%
Options 85 137 -38.0% 1,865 2,870 -35.0% 85 -38.0% 1,865 -35.0%
Equity Index Products 60 68 -12.2% 1,312 1,427 -8.0% 60 -12.2% 1,312 -8.0%
Commodity Products 75 74 1.0% 1,651 1,560 5.8% 75 1.0% 1,651 5.8%
U.S. Derivatives Products
Equity Options 3
NYSE Euronext Options Contracts
Total Consolidated Options Contracts
4,171
15,668
4,350
17,740
-4.1%
-11.7%
83,425
313,363
86,998
354,796
-4.1%
-11.7%
4,171
15,668
-4.1%
-11.7%
83,425
313,363
-4.1%
-11.7%
NYSE Group Share of Total 26.6% 24.5% 26.6% 24.5% 26.6% 2.1% 26.6% 2.1%
NYSE Liffe U.S.
Futures and Futures Options Volume* 94.9 13.5 603.1% 1,993 283 603.1% 94.9 603.1% 1,992.7 603.1%
European Cash Products (trades in thousands) 1,510 1,768 -14.6% 33,222 37,138 -10.5% 1,510 -14.6% 33,222 -10.5%
Equities 1,455 1,699 -14.3% 32,020 35,677 -10.2% 1,455 -14.3% 32,020 -10.2%
Exchange-Traded Funds
Structured Products
15
35
20 -24.0%
44 -21.0%
341
760
428 -20.4%
919 -17.3%
15
35
-24.0%
-21.0%
341
760
-20.4%
-17.3%
Bonds 5 5 -15.1% 101 114 -11.0% 5 -15.1% 101 -11.0%
U.S. Cash Products (shares in millions) 5 1,814 2,372 -23.5% 36,276 47,442 -23.5% 1,814 -23.5% 36,276 -23.5%
NYSE Listed (Tape A) Issues 4
Handled Volume 5 1,291 1,740 -25.8% 25,825 34,796 -25.8% 1,291 -25.8% 25,825 -25.8%
Matched Volume 6 1,217 1,644 -25.9% 24,346 32,872 -25.9% 1,217 -25.9% 24,346 -25.9%
Total NYSE Listed Consolidated Volume 4,014 4,849 -17.2% 80,286 96,985 -17.2% 4,014 -17.2% 80,286 -17.2%
Share of Total Consolidated Volume
Handled Volume 5
Matched Volume 6
32.2%
30.3%
35.9%
33.9%
-3.7%
-3.6%
32.2%
30.3%
35.9%
33.9%
-3.7%
-3.6%
32.2%
30.3%
-3.7%
-3.6%
32.2%
30.3%
-3.7%
-3.6%
NYSE Arca & Amex (Tape B) Listed Issues
Handled Volume 5
Matched Volume 6 272
242
332
298
-18.3%
-18.7%
5,433
4,850
6,648
5,968
-18.3%
-18.7%
272
242
-18.3%
-18.7%
5,433
4,850
-18.3%
-18.7%
Total NYSE Arca & Amex Listed Consolidated Volume 1,114 1,288 -13.5% 22,272 25,753 -13.5% 1,114 -13.5% 22,272 -13.5%
Share of Total Consolidated Volume
Handled Volume 5
Matched Volume 6
24.4%
21.8%
25.8%
23.2%
-1.4%
-1.4%
24.4%
21.8%
25.8%
23.2%
-1.4%
-1.4%
24.4%
21.8%
-1.4%
-1.4%
24.4%
21.8%
-1.4%
-1.4%
Nasdaq Listed (Tape C) Issues
Handled Volume 5
Matched Volume 6 251
214
300
255
-16.3%
-16.1%
5,018
4,279
5,997
5,098
-16.3%
-16.1%
251
214
-16.3%
-16.1%
5,018
4,279
-16.3%
-16.1%
Total Nasdaq Listed Consolidated Volume 1,818 2,044 -11.1% 36,355 40,882 -11.1% 1,818 -11.1% 36,355 -11.1%
Share of Total Consolidated Volume
Handled Volume 5
Matched Volume 6
13.8% 14.7% -0.9% 13.8% 14.7% -0.9% 13.8% -0.9% 13.8% -0.9%
11.8% 12.5% -0.7% 11.8% 12.5% -0.7% 11.8% -0.7% 11.8% -0.7%
Exchange-Traded Funds 5,7
Handled Volume 5 256 300 -14.7% 5,116 5,996 -14.7% 256 -14.7% 5,116 -14.7%
Matched Volume 6
Total ETF Consolidated Volume
228
1,074
270
1,175
-15.6%
-8.7%
4,556
21,470
5,396
23,507
-15.6%
-8.7%
228
1,074
-15.6%
-8.7%
4,556
21,470
-15.6%
-8.7%
Share of Total Consolidated Volume
Handled Volume 5 23.8% 25.5% -1.7% 23.8% 25.5% -1.7% 23.8% -1.7% 23.8% -1.7%
Matched Volume 6 21.2% 23.0% -1.8% 21.2% 23.0% -1.8% 21.2% -1.8% 21.2% -1.8%

1 Data includes currency products.

2 Includes Bclear trading 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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