Eurex Quarterly Equity News Q1/2024 | General growth in the equity markets characterized this year's first quarter

Bullish investors pushing the performance of the main indices higher

This is despite inflation staying significant and interest rates remaining steady - but with the cuts on the way (possibly in June by the ECB and later in the year by the Fed). In Europe, GRANOLAS stocks are driving the growth, accounting for a combined 21% of the whole STOXX® Europe 600 Index, touching its all-time high, as many other indices in this quarter. In the wake of this optimistic sentiment and environment, Eurex Equity Derivatives recorded solid results, led by the Single Stock Dividend Futures segment, up +33% vs Q1/2023.

Single Stock Futures: +6%

The Single Stock Futures segment was up 6% with respect to Q1/2023, now at 18+ million traded lots. French underlyings led the way with a remarkable 61% YoY growth and more than 5.8 million traded contracts, Spain followed closely with a substantial 79% YoY increase.

Equity Options: More than 44 million contracts traded

Germany maintained its first spot, posting a 6% YoY increase with more than 20 million traded contracts in its underlying options, representing 45% of the whole sector. Deutsche Bank (DBK) was the most traded option in Q1, with more than 2.4 million traded contracts. Mercedes-Benz Group (DAI) and Bayer (BAY) both showed incredible growth compared to Q1/2023, with a 48% increase each. RWE (RWE) emerged, achieving an impressive 80% YoY growth.

British and Austrian underlyings had the greatest growth, up respectively +37% and +35% YoY.

Single Stock Dividend Futures: +33%

Compared to Q1/2023, reaching 2.7+ million traded contracts. Italian underlyings led the way with almost 1 million traded contracts and an 18% YoY growth; Great Britain had an impressive 941% YoY increase.

This is an embedded image