Regulatory Filings • Feb 9, 2009
Regulatory Filings
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Feb. 9, 2009 – NYSE Euronext (NYX) today announced trading volumes for its global cash equities and derivatives exchanges for January 20091 .
U.S. cash products handled average daily volume ("ADV") decreased 8.9% to 3.5 billion shares2 .
European cash products ADV decreased 29.5% to 1.3 million transactions2 from 1.9 million transactions in January 2008, which was the second highest monthly ADV in 2008.
• European cash trading activity qualifying for Pack Epsilon pricing represented 35% of total transactions executed.
1 All comparisons versus January 2008 unless otherwise stated. 2
Euronext equities transactions count each buy and sell order as separate transactions, NYSE Group equities transactions count buy and sell orders together as a single transaction. All NYSE Euronext derivatives transactions count buy and sell orders together as a single transaction.
European derivatives products ADV was 3.8 million futures and options contracts, a decrease of 18.4% from January 2008, primarily driven by a decline in interest rate trading volume.
U.S. equity options ADV decreased 13.7% to 2.1 million contracts. Total consolidated options ADV declined 23.5% to 12.0 million contracts. NYSE Euronext's U.S. options exchanges (NYSE Arca and NYSE Amex) accounted for 17.4% of the total consolidated equity options trading in January, up from 15.4% in January 2008.
Please click here for the Monthly Transaction Activity Data Table.
NYSE Euronext (NYX) is the world's leading, most liquid and diverse exchange group. It offers a broad and growing array of financial products and services in cash equities, futures, options, exchange-traded products, bonds, market data, and commercial technology solutions, all designed to meet the evolving needs of issuers, investors and financial institutions. Spanning multiple asset classes and six countries, NYSE Euronext's exchanges include the New York Stock Exchange, Liffe, Euronext and NYSE Arca. With more than 6,500 listed issues, more than any other exchange group, trading on NYSE Euronext's equity markets represents more than one-third of the world's cash equities volume. NYSE Euronext also manages the leading European derivatives exchange by value of trading. NYSE Euronext is part of the S&P 500 index and the only exchange operator in the S&P 100 index. For more information, please visit 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 reference document for 2007 ("document de référence") filed with the French Autorité des Marchés Financiers (Registered on May 15, 2008 under No. R. 08-054), 2007 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 | Total Volume | ||||||
|---|---|---|---|---|---|---|---|---|
| % Chg vs. | ||||||||
| (Unaudited) | Jan-09 | Jan-08 | % Chg | Jan-09 | Jan-08 | % Chg | YTD 2009 | YTD 2008 |
| Number of Trading Days - European Markets | 21 | 22 | 21 | 22 | 21 | |||
| Number of Trading Days - U.S. Markets | 20 | 21 | 20 | 21 | 20 | |||
| European Cash Products (trades in thousands) | 1,329 | 1,886 | -29.5% | 27,918 | 41,501 | -32.7% | 27,918 | -32.7% |
| Equities | 1,264 | 1,821 -30.6% | 26,542 | 40,052 -33.7% | 26,542 | -33.7% | ||
| Exchange-Traded Funds Structured Products |
13 47 |
11 48 |
16.2% -2.1% |
275 996 |
248 1,065 |
10.9% -6.5% |
275 996 |
10.9% -6.5% |
| Bonds | 5 | 6 -18.8% | 106 | 137 -22.5% | 106 | -22.5% | ||
| U.S. Cash Products (shares in millions) 2 | 3,540 | 3,885 | -8.9% | 70,790 | 81,580 | -13.2% | 70,790 | -13.2% |
| NYSE Listed (Tape A) Issues 1 | ||||||||
| NYSE Group Handled Volume 2 | 2,520 | 2,894 | -12.9% | 50,390 | 60,780 | -17.1% | 50,390 | -17.1% |
| NYSE Group Matched Volume 3 | 2,271 | 2,634 | -13.8% | 45,430 | 55,311 | -17.9% | 45,430 | -17.9% |
| NYSE Group TRF Volume 4 | 9 | 208 | -95.6% | 184 | 4,359 | -95.8% | 184 | -95.8% |
| Total NYSE Listed Consolidated Volume | 5,370 | 4,959 | 8.3% | 107,394 | 104,149 | 3.1% | 107,394 | 3.1% |
| NYSE Group Share of Total Consolidated Volume | ||||||||
| Handled Volume 2 | 46.9% | 58.4% | -11.5% | 46.9% | 58.4% | -11.5% | 46.9% | -11.5% |
| Matched Volume 3 | 42.3% | 53.1% | -10.8% | 42.3% | 53.1% | -10.8% | 42.3% | -10.8% |
| TRF Volume 4 | 0.2% | 4.2% | -4.0% | 0.2% | 4.2% | -4.0% | 0.2% | -4.0% |
| NYSE Arca & Alternext US (Tape B) Listed Issues | ||||||||
| NYSE Group Handled Volume 2 | 622 | 454 | 37.0% | 12,445 | 9,540 | 30.4% | 12,445 | 30.4% |
| NYSE Group Matched Volume 3 | 540 | 390 | 38.4% | 10,802 | 8,197 | 31.8% | 10,802 | 31.8% |
| NYSE Group TRF Volume 4 Total NYSE Arca & Amex Listed Consolidated Volume |
1 2,037 |
85 1,269 |
-98.8% 60.4% |
21 40,736 |
1,788 26,658 |
-98.8% 52.8% |
21 40,736 |
-98.8% 52.8% |
| NYSE Group Share of Total Consolidated Volume | ||||||||
| Handled Volume 2 | 30.6% | 35.8% | -5.2% | 30.6% | 35.8% | -5.2% | 30.6% | -5.2% |
| Matched Volume 3 | 26.5% | 30.7% | -4.2% | 26.5% | 30.7% | -4.2% | 26.5% | -4.2% |
| TRF Volume 4 | 0.1% | 6.7% | -6.6% | 0.1% | 6.7% | -6.6% | 0.1% | -6.6% |
| Nasdaq Listed (Tape C) Issues | ||||||||
| NYSE Group Handled Volume 2 | 398 | 536 | -25.8% | 7,955 | 11,260 | -29.3% | 7,955 | -29.3% |
| NYSE Group Matched Volume 3 | 324 | 441 | -26.6% | 6,474 | 9,257 | -30.1% | 6,474 | -30.1% |
| NYSE Group TRF Volume 4 Total Nasdaq Listed Consolidated Volume |
7 2,051 |
203 2,691 |
-96.4% -23.8% |
148 41,011 |
4,257 56,502 |
-96.5% -27.4% |
148 41,011 |
-96.5% -27.4% |
| NYSE Group Share of Total Consolidated Volume | ||||||||
| Handled Volume 2 | 19.4% | 19.9% | -0.5% | 19.4% | 19.9% | -0.5% | 19.4% | -0.5% |
| Matched Volume 3 | 15.8% | 16.4% | -0.6% | 15.8% | 16.4% | -0.6% | 15.8% | -0.6% |
| TRF Volume 4 | 0.4% | 7.5% | -7.1% | 0.4% | 7.5% | -7.1% | 0.4% | -7.1% |
| Exchange-Traded Funds 1,5 | ||||||||
| NYSE Group Handled Volume 2 | 617 | 497 | 24.2% | 12,339 | 10,430 | 18.3% | 12,339 | 18.3% |
| NYSE Group Matched Volume 3 | 535 | 429 | 24.8% | 10,708 | 9,010 | 18.8% | 10,708 | 18.8% |
| NYSE Group TRF Volume 4 | 1 | 104 | -99.3% | 15 | 2,178 | -99.3% | 15 | -99.3% |
| Total ETF Consolidated Volume | 2,060 | 1,391 | 48.1% | 41,195 | 29,215 | 41.0% | 41,195 | 41.0% |
| NYSE Group Share of Total Consolidated Volume | ||||||||
| Handled Volume 2 | 30.0% | 35.7% | -5.7% | 30.0% | 35.7% | -5.7% | 30.0% | -5.8% |
| Matched Volume 3 | 26.0% | 30.8% | -4.8% | 26.0% | 30.8% | -4.8% | 26.0% | -4.8% |
| TRF Volume 4 | 0.0% | 7.5% | -7.5% | 0.0% | 7.5% | -7.5% | 0.0% | -7.5% |
| Average Daily Volume | Total Volume | Total Volume | ||||||
|---|---|---|---|---|---|---|---|---|
| (Unaudited; contracts in thousands) | Jan-09 | Jan-08 | % Chg | Jan-09 | Jan-08 | % Chg | YTD 2009 | % Chg vs. YTD 2008 |
| Number of Trading Days - European Markets Number of Trading Days - U.S. Markets |
21 20 |
22 21 |
21 20 |
22 21 |
21 20 |
|||
| European Derivatives Products | 3,826 | 4,691 | -18.4% | 80,349 | 103,192 | -22.1% | 80,349 | -22.1% |
| Total Interest Rate Products 6 | 1,989 | 2,927 | -32.1% | 41,760 | 64,399 | -35.2% | 41,760 | -35.2% |
| Short Term Interest Rate Products Medium and Long Term Interest Rate Products |
1,911 78 |
2,829 98 |
-32.5% -20.9% |
40,127 1,633 |
62,235 2,164 |
-35.5% -24.5% |
40,127 1,633 |
-35.5% -24.5% |
| Total Equity Products 7 | 1,793 | 1,698 | 5.6% | 37,655 | 37,357 | 0.8% | 37,655 | 0.8% |
| Individual Equity Products Equity Index Products |
1,196 597 |
894 804 |
33.8% -25.8% |
25,124 12,532 |
19,673 17,684 |
27.7% -29.1% |
25,124 12,532 |
27.7% -29.1% |
| of which Bclear Individual Equity Products Equity Index Products |
779 650 129 |
393 268 125 |
98.2% 142.6% 3.2% |
16,363 13,653 2,711 |
8,647 5,895 2,752 |
89.2% 131.6% -1.5% |
16,363 13,653 2,711 |
89.2% 131.6% -1.5% |
| Commodity Products | 44 | 65 | -31.8% | 934 | 1,436 | -34.9% | 934 | -34.9% |
| U.S. Derivatives Products | ||||||||
| U.S. Derivatives Products - Equity Options 8 | ||||||||
| NYSE Group Options Contracts Total Consolidated Options Contracts |
2,086 11,974 |
2,418 15,656 |
-13.7% -23.5% |
41,725 239,490 |
50,786 328,781 |
-17.8% -27.2% |
41,725 239,490 |
-17.8% -27.2% |
| NYSE Group Share of Total | 17.4% | 15.4% | 17.4% | 15.4% | 17.4% | 2.0% |
1 Includes all volume executed in NYSE Group crossing sessions.
2 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.
3 Represents the total number of shares of equity securities and ETFs executed on the NYSE Group's exchanges.
4 Represents NYSE's volume in FINRA/NYSE Trade Reporting Facility (TRF).
5 Data included in previously identified categories.
6 Data includes currency products.
7 Includes all trading activities for Bclear, Euronext.liffe's clearing service for wholesale equity derivatives.
8 Includes trading in U.S. equity options contracts, not equity-index options.
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. US Equities data has been updated for Amex integration for October 2008 forward.
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