• NYSE Euronext’s European cash exchanges experienced continued volume growth with an average daily volume of 1.5 million transactions** per day, up 20% compared to March 2007 and a total year-to-date volume increase of 39% year-on-year. Additionally, Euronext registered strong growth in ETF transactions with a year-to-date increase of 66% and monthly increase of 52% versus the same period in 2007.
• NYSE Euronext’s U.S. cash exchanges, the NYSE and NYSE Arca, reported an average daily volume increase of 22% in March, year-on-year. Total handled*** volume also increased 26% during the quarter, compared to the same period last year. NYSE Euronext’s U.S. exchanges experienced gains across all product categories in March 2008, including 18% for NYSE listed issues, 124% in NYSE Arca and Amex listed issues, 1% in Nasdaq listed issues, and 78% in ETFs, compared to March 2007. With an average daily volume of 3.6 billion shares traded per day, NYSE Euronext’s U.S. equities exchanges
handled more shares than any other market year-to-date.
Derivatives products:
• NYSE Euronext’s derivatives trading operations on Liffe recorded substantial gains in overall activity during the first quarter of the year, with a 29% increase in total contracts traded year-to-date, compared to the same period in 2007. In March, Liffe traded over 87 million futures and options contracts, representing an average daily volume of 4.6 million, up 14% from the same month in 2007. Liffe’s short-term interest rate contracts registered an impressive 40% gain on an average daily volume basis year-on-year. For the year-to-date STIR volumes are up 43% compared to the same period in 2007.
• Average daily volume on NYSE Arca Options increased 67% in March 2008 while total volume rose by 41% compared to the same month last year. NYSE Arca Options again demonstrated the platform’s position as the U.S. Options industry’s fastest growing exchange, garnering approximately 14% percent of the trading in all options in March 2008, including 17.9% of all trading in the SEC Penny Pilot program. Effective April 1, 2008, NYSE Arca Options reduced fees for options and equities trading, by offering customers the highest rebate and lowest “take” fee among major U.S. equity markets.
Listings:
• Listing activity was strong on NYSE Euronext exchanges in March 2008, particularly in European and U.S. ETF trading, where both Euronext and NYSE Arca continue to lead their respective markets. During the month, NYSE Arca listed 7 new Exchange Traded Products. Additionally, Euronext listed 35 new ETFs on NextTrack, bringing the total number of ETFs listed on its markets to 299, with more than 200 underlying indices.
• In March, NYSE Euronext’s U.S. markets added 19 new listings. During the month, the NYSE welcomed the $17.86 billion IPO of Visa, Inc. (NYSE: V), the largest U.S. IPO ever and third-largest global IPO in history. Also in March, Philip Morris International Inc. (NYSE Euronext: PM) cross-listed on NYSE Euronext’s New York and Paris markets following its spin-off from Altria Group, Inc. (NYSE: MO).
• NYSE Euronext’s Alternext market listed China Corn Oil, the first Chinese company to list on Alternext on March 25.
