Eurex Witnesses 73.3% MoM Jump in Traded Derivatives Contracts in September

Eurex, the largest European futures and options market, has posted its trading volume for September 2022, revealing a surge in derivatives contracts on a monthly basis.

The company said that its traded derivatives increased 73.3% MoM to 214.2 million contracts from 123.6 million in August 2022. The percentage was 19% from 179.6 million contracts on an annual basis.

The trading report shows that the positive trend for interest rate derivatives continues, with 83.7 million traded contracts. Compared to the 49.5 million contracts from the previous month, the numbers increased by 69%. The interest rate derivatives rise 30% from September 2021.

In September, there were 109.4 million traded contracts for index derivatives, up 86.4% month over month from 58.7 million.

Equity derivatives reached 20.7 million contracts in September, a 35% MoM increase from August's 15.3 million contracts.

OTC clearing's notional outstanding volumes also grew significantly, by 27% YoY. At the conclusion of the previous month, the total sum of unpaid balances was 26.286 billion euros. On a monthly basis, however, there was an 8.7% drop from €28,792.

Additionally, Eurex saw a 108% YoY increase in overnight index swaps. In September, interest rate swaps also saw a 28% YoY increase.

According to the official statement, the average daily clearance volumes increased by 125% in September 2018 over September 2021. The average daily term-adjusted volume at Eurex Repo increased to €239.5 billion, a 94% increase over the same time last year. Along with the Repo Market's 108% YoY increase, the GC Pooling market increased by 61% as well.