The international derivatives exchange Eurex closed out 2007 with record turnover of more than 1.9 billion contracts.
Eurex grew by approximately 25% year-on-year. This corresponds to a daily average trading volume of 7.5 million contracts compared with 6 million in 2006.
In 2007, the fixed income derivatives segment reached a total of 771 million contracts. The Euro-Bund future remains the highest-turnover product with some 338 million contracts.
The segment equity index derivatives saw in 2007 the highest growth rate with about 55%, reaching 754 million contracts, compared with 487 million contracts in 2006.
The future on the DJ Euro STOXX 50 is the strongest in this segment with 327 million contracts traded. The equity derivatives segment saw over 374 million contracts, an increase of about 22%. Single stock futures showed the strongest growth totaling 52.4 million contracts in 2007 after 35.6 million contracts in 2006.
In December 2007, 118 million contracts were traded, up by 12% y-o-y, when the number of contracts traded totaled 106 million. Equity index derivatives recorded the highest turnover among all product segments in December with 55 million traded contracts.
The top equity index derivative was the future on the DJ Euro STOXX 50 index with 25.6 million contracts, a 38% increase as against December 2006. 19.7 million contracts were traded in equity derivatives, compared with 15.9 million a year ago.
A total of 43.5 million contracts were traded in the fixed-income derivatives segment in December 2007. This included 18 million contracts on the Euro-Bund Future, 10.8 million contracts on the Euro-Bobl Future and 10.6 million contracts contributed by the Euro-Schatz Future.
In December 2007, Eurex Repo, which operates CHF and EUR repo markets, set in its money market segment Euro GC Pooling new records. On 7 December, daily outstanding volume was 31.7 billion. Average outstanding volume reached in December 22.8 billion, a plus of 156% y-o-y.
All Eurex Repo markets set a new record with an average outstanding volume of 98.7 billion, an increase of 25%.