Euronext Reports 14.9% Monthly Rise in November FX Volumes

Fazzaco learned that Euronext, the largest stock exchange in Europe, has released its trading volumes for the month of November, reporting a significant increase in FX volume from the previous month.

According to the figures, Euronext’s FX volume for November came in at $466.1 billion, which is up 14.9% compared to the prior month’s number of $405.8 billion. Additionally, it represented a yearly increase of 3% from $452.7 billion, which was witnessed in the same period last year.

As a result, the average daily volume (ADV) for the forex market in November was $21.19 billion, another surge on a monthly basis of 9.6% compared with October’s number of $19.32 billion. On a yearly basis, the ADV FX volume fell by 1.7% from $21.56 billion in the same period last year.

In terms of the derivatives market, the total futures for November accounted for 5,958,956 lots, up 11.3% from the figure seen in the prior last month of 5,352,446 lots. The total options were 12,812,205 lots, up 39.2% compared to October 2021, whose number was 9,204,323 lots.

Moreover, the total cash market number of transactions accounted for 83,859,356, up 12% from Octobe’s figure of 75,060,508. The ADV of cash market in November was 3,811,789.

Last month, Euronext has posted its financial results for the third quarter of 2021​, showing that its revenue enjoyed a good growth of YoY 71.2% to €350.6 million, driven by double digit organic growth in listing, trading and clearing activities, and significant contribution of the Borsa Italiana Group.