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NYSE Euronext Announces Trading Volumes for December 2008
added: 2009-01-12

NYSE Euronext announced trading volumes for its global cash equities and derivatives exchanges for December 2008, as well as other business metrics. December 2008 trading volumes were characterized by strong year-over-year growth in U.S. cash trading, stable European cash trading volumes and lower futures and options trading volume across our U.S. and European derivatives platforms. For the full-year 2008, NYSE Euronext registered double-digit growth in trading volumes across U.S. and European cash and derivatives product areas.

U.S. cash products average daily volume increased 30% to 3.3 billion shares

* NYSE-listed matched volume (Tape A) increased 21% to 2.2 billion shares.

* Tape A matched market share was 43.4%, compared to 42.7% in October. The increase in share was driven in part by the introduction of the NYSE’s new market model in November which established a new category of liquidity provider, the Supplemental Liquidity Provider and replaced Specialists with Designated Market Makers.

* NYSE Arca- and Alternext US-listed matched volume (Tape B) increased 148% to 519 million shares.

* Nasdaq-listed matched volume (Tape C) increased 4% to 292 million shares.

* Exchange-traded funds matched volume (included in the trading volume numbers above) increased 112% to 491 million shares.

European cash products ADV was stable with 1.2 million transactions

* European cash trading activity qualifying for Pack Epsilon pricing represented 36% of total transactions executed.

Derivatives Trading

European derivatives products ADV decreased 19% to 2.9 million futures and options contracts.

* Total interest rate products ADV decreased 27% to 1.2 million contracts.

Total equity products (including Bclear) ADV decreased 12% to 1.6 million contracts. Bclear, Liffe's trade administration and clearing service, processed 709 thousand contracts per day, a decrease of 21%.

U.S. equity options ADV decreased 10% to 1.6 million contracts.

Year-to-Date Trading Volumes

U.S. cash products ADV increased 23% to 3.5 billion shares and European cash products ADV increased 23% to 1.6 million transactions.

European derivatives products ADV increased 10% to 4.1 million futures and options contracts. Total interest rate and equity products (including Bclear) ADV increased 7% and 15%, respectively. Bclear, Liffe's trade administration and clearing service, processed 746 thousand contracts per day, an increase of 55%. In 2008, over 1 billion contracts were traded on Liffe for the first time.

U.S. equity options ADV increased 36% to 1.8 million contracts.


Source: NyseEuronext

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