The world's largest derivatives exchanges have predominately revealed robust volume figures for August all four of the world's largest futures exchanges announced increases of more than 13% year-on-year for the month.
Liffe's year to date volume increased 3% on the same period last year, a total of 396.9m. The exchange said a reduction in volatility in the first quarter had affected volumes. Total August volumes however were up 14% at 42.3m on the same period last year. This increase would seem to support the exchange's confidence that with uncertainty surrounding interest rate levels, volatility and volume looked set to improve in the coming months (see FO Week vol 10 No 35).
European rival Eurex saw trading volumes for the month reach...