Jan 19, 2022
Eurex
Eurex, home to the largest and fastest-growing ESG derivatives segment with an open interest exceeding 5.5 bn EUR
ESG development highlights:
- Eurex’ s ESG segment traded 2.48 million futures and 435K options in 2021
- Quarterly traded contracts rising continuously from 779K in Q3 reaching a record high of 805K in Q4
- Eurex’ s ESG segment futures & options traded volume exceeded 49.7 EUR billion in 2021
- Capital open interest of all ESG products grew 202% from 1.6 billion in 2020 reaching a record high of 4.96 EUR billion in 2021
- Traded volume in December 2021 hit 569K contracts. Year on Year, the ESG segment reports a plus of 131% compared to 2020
Strong volume growth with four record highs in our ESG derivatives:
1. Daily traded contracts over 202K
2. Monthly traded contracts over 595K
3. Quarterly traded contracts over 806K
4. Month-end capital volume open interest at 5.5 billion EUR
STOXX® EUROPE 600 ESG-X futures (FSEG) remains the most traded contract with 375K lots in December 2021 and:
- Reaching an ADV of 18K in December 2021 or 315 million EUR notional and 2 million contracts YTD traded
- OI in the ESG-X grew 24%, from 52K contracts in December 2020 to 64K contracts in December 2021
- Strong pick up of the EURO STOXX® 50 ESG with 55K contracts traded in December 2021 and an open interest of over 193 EUR million in 2021
- EURO STOXX® 50 ESG options had a strong month with 16K contracts traded and 103 EUR million in open interest
- The alignment of the EURO STOXX® 50 ESG was a clear volume driver in futures and options. Changes to the methodology of the EURO STOXX® 50 ESG can be found here
1. ESG derivatives development from February 2019 to December 2021
2. December 2021 statistics of all Eurex ESG products
- Daily statistics: https://www.eurex.com/ex-en/data/statistics/trading-statistics
- Month-end statistics https://www.eurex.com/ex-en/data/statistics/monthly-statistics
- The quality in order book trading is based on continuously active market makers. Please find the list: www.eurex.com/esg
3. Active members in all ESG products
- Continuous interest and growth (new members joining ESG derivatives trading)
- In 2021 more than 80 members were active in ESG derivatives
- + 13 existing Eurex members started trading ESG derivatives in 2021
- Member activities across all accounts (December 2020 vs. December 2021 - total members count increased 31% from 70 to 92 active):
- A-Account increased 34% from 38 to 51 active members
- P-Account increased 10% from 20 to 22 active members
- M-Account increased 58% from 12 to 19 active members
4. STOXX® EUROPE 600 ESG-X futures (FSEG) account structure development (monthly)
- Strong growth on M-Account at 54% (61K vs. 95K contracts) from December 2020 vs. December 2021
- Strong growth on A-Account at 90 % (129K vs. 246K contracts) from September 2020 vs. September 2021
- The ratio on A- Account grew compared to the last expiration in September
5. STOXX® EUROPE 600 ESG-X futures (FSEG) off-book / on-book monthly structure development
- Trade ratio 2021: 74% off-book (TES vs. block) 26% on-book (on-screen)
- Trade ratio 2020: 80% off-book (TES vs. block) 20% on-book (on-screen)
6. Share ratio in % of the STOXX® EUROPE 600 ESG-X (FSEG) vs. STOXX® EUROPE 600 (FXXP)
- The ESG-X grows steadily and now stands at +20 % of the total market of STOXX® Europe 600
Please find the details on individual ESG products presentations below:
- STOXX® ESG-X, Climate Impact & Low Carbon
- MSCI ESG Screened & MSCI ESG Enhanced Focus
- DAX® 50 ESG
- EURO STOXX® 50 ESG
