Eurex Posts 14% YoY Rise in Total Traded Derivatives Contracts for May 2022

Eurex, the largest European futures and options market, has posted its trading numbers for May 2022, revealing an increase in derivatives contracts on a YoY basis.

According to Eurex, total traded derivatives contracts at Eurex grew by 14 percent in May, from 137.4 million to 156.5 million compared to the same month last year. Interest rate derivatives showed the strongest year-on-year growth, up 21 percent from 49.5 million traded contracts to 60.1 million, while equity index derivatives grew by 18 percent, from 60.5 million traded contracts to 71.7 million. Total contracts traded in equity derivatives fell by 9 percent to 24.6 million.

In addition, Outstanding notional volumes in OTC clearing continued to grow strongly in May, rising overall by 25 percent year-on-year despite two successful compression runs this year. Overall outstanding volume stood at EUR 26,890 billion at the end of May compared to EUR 21,440 billion the year before – with interest rate swaps and overnight index swaps posting growth of 25 percent and 120 percent respectively. Average daily cleared volumes increased by 59 percent overall, with strong growth in interest rate swaps (up 35 percent).

At Eurex Repo, average daily term-adjusted volume grew by 68 percent compared to May last year – up from EUR 115.8 billion to EUR 194.9 billion. The GC Pooling Market more than doubled (+105 percent), while the Repo Market grew by 50 percent.