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Euronext N.V.

Regulatory Filings Apr 6, 2018

3839_iss_2018-04-06_199d5a6f-6d6a-484d-b7b6-812a70a3a03e.pdf

Regulatory Filings

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Amsterdam +31.20.721.4488 Brussels +32.2.620.15.50 +33.1.70.48.24.17
Dublin +353.1.617.4266 Paris +33.1.70.48.24.45
Lisbon +351.210.600.614

CONTACT - Media: CONTACT - Investor Relations:

EURONEXT ANNOUNCES VOLUMES FOR MARCH 2018

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.

Cash trading

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.

Derivatives trading

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,

  • the average daily volume on equity index derivatives reached 251,840 contracts, up +10.7% compared to March 2017 and down –6.4% from the previous month,
  • the average daily volume on individual equity derivatives reached 288,562 contracts, up +12.8% compared to March 2017 and down –8.5% from the previous month,
  • the average daily volume on commodities derivatives reached 47,126 contracts, down –14.7% compared to March 2017 and down –13.6% from the previous month.

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).

FX spot trading

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.

Listings

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.

CONTACTS

Media Alice Jentink: +31 20 721 4488; [email protected]

Analysts & investors

Aurélie Cohen:+33 1 70 48 24 17; [email protected]

About Euronext

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).

Disclaimer

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.

European Cash Market Monthly Activity

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%

of which SMEs 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 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

Open Interest

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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