12 Oct 2021

Eurex

Largest and fastest growing ESG derivatives segment - OI over 4.9 billion EUR

Eurex - Pioneer in sustainable derivatives

Strong volume growth with four new records in our ESG derivatives:

1.       Daily traded contracts over 179K
2.       Monthly traded contracts over 595K
3.       Quarterly traded contracts 767K
4.       Month end capital volume OI at 4.9 billion EUR

ESG development highlights: 

  • Eurex ESG segment total traded volume exceeded 35.3 EUR billion in 2021
  • Capital OI of all ESG products grew 200% from 1.6 billion in December 2020 to 4.9 EUR billion in September 2021
  • Traded volume reached 2.1 million contracts which is 67% higher vs 2020
  • Quarterly traded contracts rising continuously from 563K in March 2021 to 764K in June 2021, hitting a record high of 767K by the end of Sep 2021
  • September reached new monthly record with 583K contracts traded which is 32% higher vs June 2021
  • In the ESG segment 1.78 million futures and 308K options were traded in 2021
  • MSCI EM ESG Screened picked up in volume to 95K contracts traded in September 2021
  • The EURO STOXX® 50 ESG futures volume increased to 142K traded contracts and at 404 EUR million in OI. The EURO STOXX® 50 ESG options had a strong month with 15K contracts traded.


STOXX® EUROPE 600 ESG-X futures (FSEG) shows continuous growth:


  1. Reaching an ADV of 21K in September 2021 or 374 million EUR notional and 1.5 million contracts YTD traded 
  2.  OI in the ESG-X grew 207%, from 51K contracts of same month previous year to 158K contracts in September


  • The alignment of the EURO STOXX® 50 ESG was a clear volume driver in futures and options. More information on the methodology changes of the EURO STOXX® 50 ESG is here.


Please see snapshot and details below


 

September 2021 statistics of all Eurex ESG Products

Active members in all ESG products

  • In 2021, more than 80 members are active in ESG derivatives
  • +13 existing EUREX members started trading ESG derivatives in 2021
  • Member activities across all accounts (Dec 2020 vs Sep 2021 - total members count increased 25% from 71 to 89 active)
    • A-Account increased 25% from 39 to 49 active members
    • P-Account increased 15% from 20 to 23 active members
    • M-Account increased 41% from 12 to 17 active members

STOXX® EUROPE 600 ESG-X (FSEG) growth 2021 vs 2020

  • EURO STOXX® 600 ESG–X remains the most liquid within the ESG segment with a total of 459K contracts traded
  • STOXX® EUROPE 600 ESG-X futures (FSEG) reached an ADV of 21K in September or 374 million EUR notional and 1.5 million contracts YTD traded (record year)
  • ESG-X has approximate 19 million EUR notional volume at the first level which 7 million higher than in the standard index



STOXX® EUROPE 600 ESG-X (FSEG) account structure development (monthly)

  • Strong growth Sep 2020 vs Sep 2021 on M-Account at 395% (36,453 vs 180,704 contracts)
  • Strong growth Sep 2020 vs Sep 2021 on A-Account at 139% (103,615 vs 247,868 contracts)
  • The ratio in Sep on P-and M-Account grew vs. last expiration in June

STOXX® EUROPE 600 ESG-X (FSEG) off-book vs on-book structure development (monthly)

  • On-book trading growth from March 21 expiration to September 21 expiration +194%. Most roll activities observed during last September 21 expiration in the book vs on-screen
  • Off-book trading declined from March 21 expiration to September 21 expiration -9% 
  • Trade ratio in 2021: 60% off-book (TES – block) vs 40% on-book (on-screen)
  • Trade ratio in 2020: 66% off-book (TES – block) vs 34% on-book (on-screen)



STOXX® EUROPE 600 (FXXP) vs STOXX® EUROPE 600 ESG-X (FSEG) share ratio in %

  • The ESG-X share ratio steadily growing, and it is now, at +20% of the total market of STOXX® Europe 600


Please find the details on individual ESG products presentations below: