Regulatory Filings • Apr 6, 2018
Regulatory Filings
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CONTACT - Media: CONTACT - Investor Relations:
Amsterdam, Brussels, Dublin1 , Lisbon, London and Paris – 6 April 2018 – Euronext, the leading pan-European exchange in the Eurozone, today announced trading volumes for March 2018.
In March 2018, the average daily transaction value on the Euronext cash order book stood at €8,671 million, up +17.3% compared to March 2017 and down –5.1% from the previous month. On 16 March 2018, Euronext daily volume reached a new record for the year, at €19,684 million, representing the second most active day since 2010.
For the first three months of 2018, the average daily transaction value on the Euronext cash order book stood at €8,507 million, up +21.9% compared to the same period last year.
The average daily transaction value on the ETF order book2 was €307 million, up +15.2% compared to March 2017 and down –26.7% from the previous month. At the end of March 2018, 796 ETFS were listed on Euronext compared to 804 at the end of December 2017.
In March 2018, the overall average daily volume on derivatives reached 587,528 contracts, up +9.1% compared to March 2017 and down –8.0% compared to the previous month. In detail,
For the first three months of 2018, the overall average daily volume on Euronext derivatives stood at 594,647 contracts (+14.8% compared to the end of March 2017) and the open interest was up at 17,512,067 contracts (+20.2% compared to the end of March 2017).
The average daily volume on the spot foreign exchange market of FastMatch, of which Euronext owns 90% of the capital since August 2017, stood at \$18,773 million, down –2.1% compared to March 2017 and down –11.1% from the previous month. For the first three months of 2018, the average daily volume of FastMatch stood at \$20,192 million, up +14.3% compared to the same period last year.
In March 2018, €836 million was raised on new listings. Euronext welcomed the listing of two Dutch large caps (B&S Group and NIBC Holding) and three SMEs, including UK-based life science company, Acacia Pharma, and Italian company Media Lab, bringing to four the number of SME listings since the beginning of the year and strengthening our EU Tech Hub franchise. In addition, €13.1 billion was raised on Euronext in corporate bonds, of which €8.0 billion was raised through six instruments issued by Sanofi. €5.1 billion was also raised in follow-on equity.
1 Volumes including Euronext Dublin will be presented in the April 2018 volumes press release to be published in May, following the closing of the acquisition on 27 March 2018.
2 From January 2018, volumes on ETFs are only measured on order book activity due to low revenue impact of off-book activity. Based on the previous presentation, activity is €386 million, down 24.5% compared to March 2017.
Media Alice Jentink: +31 20 721 4488; [email protected]
Analysts & investors
Aurélie Cohen:+33 1 70 48 24 17; [email protected]
Euronext is the leading pan-European exchange in the Eurozone, spanning Belgium, France, Ireland, The Netherlands, Portugal and the UK. Euronext has more than 1,300 listed issuers worth €3.8 trillion in market capitalisation as of end February 2018, an unmatched blue chip franchise consisting of 24 issuers in the Morningstar® Eurozone 50 Index℠ and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets. Its total product offering includes Equities, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, Euronext also operates Euronext GrowthTM and Euronext AccessTM. For the latest news, find us on Twitter (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).
This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided "as is" without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext's subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.
This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.
© 2018, Euronext N.V. - All rights reserved.
| Nb trading days | Mar-18 21 |
Feb-18 20 |
Mar-17 23 |
Q1 2018 63 |
Q1 2017 65 |
YTD 2018 63 |
YTD 2017 65 |
||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| NUMBER OF TRANSACTIONS (Buy and sells) (reported trades included) | |||||||||||
| Mar-18 | Feb-18 | Change % MOM |
Mar-17 | Change % YOY |
Q1 2018 | Q1 2017 | Change % | YTD 2018 | YTD 2017 | Change % YTD |
|
| Total Cash Market 1 | 41 113 780 | 44 910 438 | -8,5% | 42 143 502 | -2,4% | 127 728 216 113 730 560 | 12,3% | 127 728 216 113 730 560 12,3% | |||
| ADV Cash Market 1 | 1 957 799 | 2 245 522 | -12,8% | 1 832 326 | 6,8% | 2 027 432 | 1 749 701 | 15,9% | 2 027 432 1 749 701 | 15,9% | |
| TRANSACTION VALUE ( € million - Single counted) | |||||||||||
| Eur million | Mar-18 | Feb-18 | Change % MOM |
Mar-17 | Change % YOY |
Q1 2018 | Q1 2017 | Change % | YTD 2018 | YTD 2017 | Change % YTD |
| Total Cash Market 1 | 182 099,7 | 182 830,4 | -0,4% | 170 070,5 | 7,1% | 535 946 | 453 440 | 18,2% | 535 945,7 453 439,6 | 18,2% | |
| ADV Cash Market 1 | 8 671,4 | 9 141,5 | -5,1% | 7 394,4 | 17,3% | 8 507 | 6 976 | 21,9% | 8 507,1 | 6 976,0 | 21,9% |
| LISTINGS Number of Issuers |
Mar-18 | Feb-18 | Change % | Mar-17 | Change % | December | |||||
| MOM | YOY | 2017 | Change % | ||||||||
| EURONEXT 2 | 1 246 | 1 243 | 0,2% | 1 287 | -3,2% | 1255 | -0,7% | ||||
| SMEs | 703 | 703 | 0,0% | 740 | -5,0% | 723 | -2,8% | ||||
| EURONEXT CAPITAL RAISED on Equities on Primary and Secondary Market |
|||||||||||
| (mln of €) | Mar-18 | Feb-18 | Change % MOM |
Mar-17 | Change % YOY |
Q1 2018 | Q1 2017 | Change % | YTD 2018 | YTD 2017 Change % YTD |
|
| Nb New Listings | 5 | 1 | 2 | 6 | 6 | 6 | 6 | ||||
| Money Raised New Listings incl over allotment |
836 | 55 | 1409,8% | 109 | 665,9% | 891 | 190 | 369,9% | 891 | 190 | 369,9% |
| of which Money Raised New Listings | 836 | 55 | 1409,8% | 103 | 708,3% | 891 | 182 | 389,0% | 891 | 182 | 389,0% |
| Follow-ons on Equities | 5 098 | 2 333 | 118,5% | 6 579 | -22,5% | 9 135 | 11 637 | -21,5% | 9 135 | 11 637 | -21,5% |
| Corporate Bonds 3 | 13 131 | 4 430 | 196,4% | 7 068 | 85,8% | 21 044 | 12 374 | 70,1% | 21 044 | 12 374 | 70,1% |
| Financials Bonds | 13 856 | 4 810 | 188,1% | 10 733 | 29,1% | 38 542 | 40 286 | -4,3% | 38 542 | 40 286 | -4,3% |
| Public/SemiPublic Bonds 5 | 1 447 | 3 330 | -56,5% | 4 693 | -69,2% | 10 226 | 16 932 | -39,6% | 10 226 | 16 932 | -39,6% |
| (mln of €) | Mar-18 | Feb-18 | Change % MOM |
Mar-17 | Change % YOY |
Q1 2018 | Q1 2017 | Change % | YTD 2018 | YTD 2017 Change % YTD |
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nb New Listings | 3 | 1 | 1 | 4 | 4 | 4 | 4 | ||||
| Money Raised New Listings incl over allotment |
158 | 55 | 185,0% | 109 | 44,6% | 213 | 190 | 12,4% | 213 | 190 | 12,4% |
| of which Money Raised New Listings | 158 | 55 | 185,0% | 103 | 52,6% | 213 | 182 | 17,0% | 213 | 182 | 17,0% |
| Follow-ons on Equities | 206 | 1 096 | -81,2% | 895 | -76,9% | 1 408 | 2 581 | -45,5% | 1 408 | 2 581 | -45,5% |
| Corporate Bonds 3 | 0 | 30 | - | 18 | - | 30 | 18 | 65,4% | 30 | 18 | 65,4% |
| Financials Bonds | 0 | 10 | - | 0 | - | 10 | 0 | - | 10 | 0 | - |
| Others | 0 | 0 | - | 0 | - | 0 | 0 | - | 0 | 0 | - |
| Total Money Raised 4 | 364 | 1 191 | -69,4% | 1 022 | -64,4% | 1 661 | 2 789 | -40,4% | 1 661 | 2 789 | -40,4% |
Others 110 1 342 -91,8% 2 769 -96,0% 19 886 14 530 36,9% 19 886 14 530 36,9% Total Money Raised 4 34 478 16 300 111,5% 31 952 7,9% 99 723 95 948 3,9% 99 723 95 948 3,9%
1 Shares, warrants, ETFs, bonds…
2 Euronext, Alternext and Free Market
3 Corporate bonds figures revised as from January 2017 to exclude Euronext listed financials issuers and to regroup them in a broader newly created financial bonds category. Public/Semi-Public bonds category not reported before,
4 included New Listings incl over allotment, Follow-ons on Equities, Corporate Bonds on Euronext Listed Issuers
5 March 2017 figures for public / semi-public bonds have been corrected upwards to €900 million, following a technical issue on the number of securities on a bond issuance that resulted in YTD figures being corrected accordingly as of May 2017.
European Derivatives Market Monthly Activity
| Nb trading days 21 20 23 63 65 63 65 Volume (in lots) Change % Change % Jan 2018 till Jan 2017 till Change % Mar-18 Feb-18 MOM Mar-17 YOY Q1 2018 Q1 2017 Change % Mar 2018 Mar 2017 YTD Equity 11 348 456 11 687 031 -2,9% 11 114 638 2,1% 34 326 220 30 227 578 13,6% 34 326 220 30 227 578 13,6% of which AtomX 68 174 83 946 258922 147760 258 922 147 760 Index 5 288 649 5 381 641 -1,7% 5 231 342 1,1% 15 063 989 14 284 159 5,5% 15 063 989 14 284 159 5,5% of which AtomX 34 628 53 046 102 476 33 281 102 476 33 281 Futures 3 617 240 3 719 068 -2,7% 3 944 615 -8,3% 10 344 420 10 920 081 -5,3% 10 344 420 10 920 081 -5,3% 34 628 53 046 102 476 33 281 102 476 33 281 of which AtomX Options 1 671 409 1 662 573 0,5% 1 286 727 29,9% 4 719 569 3 364 078 40,3% 4 719 569 3 364 078 40,3% 0 0 0 0 0 of which AtomX |
|---|
| Individual Equity 6 059 807 6 305 390 -3,9% 5 883 296 3,0% 19 262 231 15 943 419 20,8% 19 262 231 15 943 419 20,8% |
| of which AtomX 33 546 30 900 156 446 114 479 156 446 114 479 |
| Futures 7 495 3 074 143,8% 5 784 29,6% 17 922 34 671 -48,3% 17 922 34 671 -48,3% |
| 1 500 0 3 500 8 000 3 500 8 000 of which AtomX |
| Options 6 052 312 6 302 316 -4,0% 5 877 512 3,0% 19 244 309 15 908 748 21,0% 19 244 309 15 908 748 21,0% |
| 32 046 30 900 152 946 106 479 152 946 106 479 of which AtomX |
| Commodity 989 640 1 090 563 -9,3% 1 270 209 -22,1% 3 136 553 3 421 189 -8,3% 3 136 553 3 421 189 -8,3% |
| Futures 912 600 1 037 045 -12,0% 1 187 820 -23,2% 2 937 750 3 188 198 -7,9% 2 937 750 3 188 198 -7,9% |
| Options 77 040 53 518 44,0% 82 389 -6,5% 198 803 232 991 -14,7% 198 803 232 991 -14,7% |
| Other 0 0 4 714 0 18 399 0 18 399 |
| Futures 0 0 0 0 0 0 0 |
| Options 0 0 4 714 0 18 399 0 18 399 |
| Total Futures 4 537 335 4 759 187 -4,7% 5 138 219 -11,7% 13 300 092 14 142 950 -6,0% 13 300 092 14 142 950 -6,0% |
| Total Options 7 800 761 8 018 407 -2,7% 7 251 342 7,6% 24 162 681 19 524 216 23,8% 24 162 681 19 524 216 23,8% |
| Total Euronext 12 338 096 12 777 594 -3,4% 12 389 561 -0,4% 37 462 773 33 667 166 11,3% 37 462 773 33 667 166 11,3% |
| Change % | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| YTD | ||||||||||
| 17,2% | ||||||||||
| 3 246 | 4 110 | 2 273 | ||||||||
| 251 840 | 10,7% | 239 111 | 219 756 | 219 756 | 8,8% | |||||
| 1 649 | 1 627 | 512 | ||||||||
| 172 250 | 0,4% | 164 197 | 168 001 | 168 001 | -2,3% | |||||
| 1 649 | 1 627 | 512 | ||||||||
| 79 591 | 42,3% | 74 914 | 51 755 | 51 755 | 44,7% | |||||
| 0 | 0 | 0 | ||||||||
| 288 562 | 12,8% | 305 750 | 245 283 | 245 283 | 24,7% | |||||
| 533 -46,7% | ||||||||||
| 24,8% | ||||||||||
| -5,4% | ||||||||||
| -4,9% | ||||||||||
| 3 584 -12,0% | ||||||||||
| 0 | ||||||||||
| 0 | 0 | 283 | 283 | |||||||
| 216 064 | -3,3% | 211 113 | 217 584 | 217 584 | -3,0% | |||||
| 371 465 | 17,8% | 383 535 | 300 373 | 300 373 | 27,7% | |||||
| 587 528 | 9,1% | 594 647 | 517 956 | 517 956 | 14,8% | |||||
| Mar-18 540 403 1 597 357 71 288 205 1 526 47 126 43 457 3 669 0 0 |
Feb-18 | Change % MOM 584 352 4 197 269 082 2 652 185 953 2 652 83 129 0 315 270 1 545 154 0 315 116 1 545 54 528 51 852 2 676 0 0 0 237 959 400 920 638 880 |
Mar-17 -7,5% -6,4% -7,4% -4,3% -8,5% 132,2% -8,5% -13,6% -16,2% 37,1% -9,2% -7,3% -8,0% |
Change % YOY 483 245 11,8% 227 450 171 505 55 945 255 795 251 41,9% 255 544 12,8% 55 226 -14,7% 51 644 -15,9% 3 582 2,4% 205 0 205 223 401 315 276 538 677 |
Q1 2018 544 861 2 483 284 56 305 465 2 428 49 787 46 631 3 156 0 0 |
465 040 1 761 123 1 638 52 634 283 |
533 244 750 49 049 3 584 0 |
Q1 2017 Change % Mar 2018 17,2% 8,8% -2,3% 44,7% 24,7% -46,7% 24,8% -5,4% -4,9% -12,0% -3,0% 27,7% 14,8% |
Jan 2018 till Jan 2017 till Mar 2017 544 861 465 040 4 110 239 111 1 627 164 197 1 627 74 914 0 305 750 2 483 284 56 305 465 244 750 2 428 49 787 52 634 46 631 49 049 3 156 0 283 0 0 211 113 383 535 594 647 |
| Change % | Change % | ||||
|---|---|---|---|---|---|
| Mar-18 | Feb-18 | MOM | Mar-17 | YOY | |
| Equity | 16 910 033 | 17 369 003 | -2,6% 13 906 420 | 21,6% | |
| Index | 1 437 524 | 1 369 296 | 5,0% 1 426 710 | 0,8% | |
| Futures | 557 651 | 501 926 | 11,1% | 582 514 -4,3% | |
| Options | 879 873 | 867 370 | 1,4% | 844 196 | 4,2% |
| Individual Equity | 15 472 509 | 15 999 707 | -3,3% 12 479 710 | 24,0% | |
| Futures | 15 999 | 15 980 | 0,1% | 11 365 40,8% | |
| Options | 15 456 510 | 15 983 727 | -3,3% 12 468 345 24,0% | ||
| Commodity | 602 034 | 585 444 | 2,8% | 658 042 | -8,5% |
| Futures | 387 612 | 420 861 | -7,9% | 428 437 -9,5% | |
| Options | 214 422 | 164 583 | 30,3% | 229 605 -6,6% | |
| Other | 0 | 0 | 1 294 | ||
| Futures | 0 | 0 | 0 | ||
| Options | 0 | 0 | 1 294 | ||
| Total Futures | 961 262 | 938 767 | 2,4% 1 022 316 -6,0% | ||
| Total Options | 16 550 805 | 17 015 680 | -2,7% 13 543 440 22,2% | ||
| Total Euronext | 17 512 067 | 17 954 447 | -2,5% 14 565 756 20,2% |
| Nb trading days | Mar-18 22 |
Feb-18 20 |
Mar-17 23 |
Q1 2018 64 |
Q1 2017 64 |
YTD 2018 64 |
YTD 2017 64 |
||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fastmatch Volume (in USD millions, single counted) | |||||||||||
| Mar-18 | Feb-18 | Change % MOM |
Mar-17 | Change % YOY |
Q1 2018 | Q1 2017 | Change % | YTD 2018 | YTD 2017 | Change % YTD |
|
| Total FastMatch Market | 413 008 | 422 262 | -2,2% | 441 185 | -6,4% | 1 292 303 | 1 130 306 | 14,3% | 1 292 303 | 1 130 306 | 14,3% |
| ADV FastMatch Market | 18 773 | 21 113 | -11,1% | 19 182 | -2,1% | 20 192 | 17 661 | 14,3% | 20 192 | 17 661 | 14,3% |
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