A member of
Eurex Exchange
Overall volumes of traded financial derivatives at Eurex were up 8% in November – from 138.2 million contracts to 149.5 million – compared to the same month last year. While European equity derivatives saw a fall of 27% year-on-year, European equity index derivatives and European equity interest rate derivative volumes were both up, the former by 32% compared to November 2019.
In the OTC Clearing area, a large rise in notional outstanding volumes was recorded, up 29% compared to November 2019. And the volume of long-dated interest rate swaps cleared at Eurex rose to a new record average daily volume of EUR 56.5 billion, a roughly four-fold increase over average volumes for the first nine months of 2020.
At EEX, the European Energy Exchange that is part of Deutsche Börse Group, growing volumes were seen across the board with emissions trading leading the way: up 53% in November compared to the same month last year.
Eurex Repo, the electronic marketplace for secured funding and financing, GC pooling volumes fell by 50%, while the Repo Market saw growth of 88%, from 58.5 billion EUR to 110.1 billion.
Business overview
| | November 20 | November 19 | Change |
Financial derivatives: Traded contracts Eurex Exchange | |||
European equity index derivatives (million) | 84.9 | 64.4 | +32% |
European interest rate derivatives (million) | 39.9 | 39.3 | +2% |
European equity derivatives (million) | 24.0 | 32.7 | -27% |
Total (million)1 | 149.5 | 138.2 | +8% |
OTC Clearing2 | |||
Notional outstanding volumes (billion EUR) | 18,535 | 14,319 | +29% |
Average daily cleared volumes (billion EUR) | 144 | 144 | 0 |
| 56 | 48 | +18% |
Compression volumes | 30 | 0 | N/A |
Commodities: Trading volumes EEX Group | |||
Global Power (terawatt hours) | 649.4 | 547.7 | +19% |
Global Gas (terawatt hours) | 200.7 | 195.0 | +3% |
Emissions trading - Europe (million tons of CO2) | 173.8 | 113.6 | +53% |
Repo: Average monthly term-adjusted volume on Eurex Repo | |||
GC Pooling3 (billion EUR) | 50.1 | 99.7 | -50% |
Repo Market (billion EUR) | 110.1 | 58.5 | +88% |
1 The total number of contracts traded includes other asset classes such as commodities.
2 Notional cleared volumes including post trading events such as compression.
3 Includes all currencies.