NYSE Euronext (NYX) today announced trading volumes for its global cash equities and derivatives exchanges for July 2009.
Trading volumes in July 2009 were mixed, with year-over-year growth in U.S. options and European derivatives and declines in U.S. and European cash trading volume driven by a seasonally slower July 2009, a decrease in volatility and unseasonally strong volumes in July 2008. Year-to-date U.S. cash volumes remain 11.9% above the prior year period.
NYSE, NYSE Arca and NYSE Amex (NYSE Group) U.S. cash products handled ADV in July 2009 decreased 24.3% and 12.2% compared to July 2008 and June 2009, respectively, but increased 11.9% year-to-date. U.S. cash products ADV in July 2008 was the 5th highest trading month in 2008. NYSE Group matched share of all U.S. equity trading volume in July 2009 was 28.3%, compared to matched market share of 22.1% for our next largest competitor.
Year-to-date, total Tape A consolidated ADV and Tape B consolidated ADV increased a combined 44.2%, compared to the prior year period, while Tape C has increased only 1.0% during the same period.
NYSE Euronext European cash products ADV of 1.2 million transactions in July 2009 decreased 23.9% and 10.3% compared to July 2008 and June 2009, respectively.
European cash products ADV in July 2008 was the 4th highest trading month in 2008. Year-to-date transactions of 1.4 million transactions was 9.3% below the same period last year.
NYSE Euronext European derivatives products ADV in July 2009 was 3.6 million contracts, up 4.0% from July 2008, but down 22.8% from June 2009.
The year-over-year increase was driven by a 111.5% increase in Bclear OTC volumes.
Total interest rate products ADV was 1.6 million contracts, down 12.6% compared to July 2008 and total equity products ADV of 1.9 million contracts increased 23.6%.
NYSE Euronext U.S. equity options ADV of 2.4 million contracts in July 2009 increased 28.9% compared to July 2008 levels, but decreased 11.5% from June 2009.
The increase in ADV year-over-year was driven mostly by the addition of the former Amex options business.
L.D.