Euronext Posts 25.8% MoM Increase in FX Trading Volume for May 2023

Euronext, the largest stock exchange in Europe, released its trading data for May 2023, seeing an increase of 25.8% in FX trading volume on a monthly basis.

Cash market

• Number of transactions of total cash market for the month came in at 51,397,410, 13% higher than 45,573,578 in April 2023 and 34% lower than 77,374,186 in May 2022.

• ADV of cash market reached 2,336,246, down 8% compared to 2,531,865 in April 2023 and down 34% compared to 3,517,008 in the same period of 2022.

• Transaction value for the month amounted to €220,560 million, an increase of 19% on a MoM basis (April 2023: €185,483 million) and a decrease of 16% on a YoY basis (May 2022: €263,258 million).

• ADV in the market was €10,025 million, decreasing 3% compared to €10,305 million in the prior month and decreasing 16% compared to €11,966 million in the year period of last year.

Derivatives Market

• Total volume of futures came in at 4,453,595 lots for May 2023, an increase of 4.8% compared to 4,249,562 lots in April 2023 and an decrease of 28.4% compared to 6,219,264 lots in May 2022.

• Total volume of options for the month amounted to 7,978,146 lots, rising 15.3% on a monthly basis (April 2023: 6,918,618 lots) and dropping 13.3% on a yearly basis (May 2022: 9,199,842 lots).

Euronext FX

• Total volume of Euronext's FX for the month recorded $495,630 million, an increase of 25.8% compared to $393,853 million in April 2023 and a decrease of 2.7% compared to $509,133 million in May 2022.

• ADV of Euronext FX came in at $21,549 million, 9.4% higher than $19,693 million in the prior month and 6.9% lower than $23,142 million in the same period of last year.