FOi - Futures and Options Intelligence


Interest rates recover at NYSE Euronext but financial pressures remain 11 Feb 2010

NYSE Euronext has announced bullish trading volumes for January, as well as better financial results for 2009.

A strong recovery in interest rate derivative trading at NYSE Liffe in London helped average daily volume in Europe rise to 5.1m contracts, up 32.4% from January 2009 and 26.2% from December.

Of that volume, 2.7m contracts a day were interest rate trades, which reached their highest volume since March 2008, before the financial crisis intensified.

ADV for European rates derivatives was up 37.8% from January 2009 and 50.5% from December.

Equity products, including over the counter transactions cleared on Bclear, are also growing, up 26.9% from a year ago at 2.3m contracts a day, a 6% increase over December.

Growth was even steeper in the US, where NYSE’s two equity options exchanges, NYSE Arca Options and NYSE Amex Options, together emerged as the largest...