Euronext Reports 17.1% Monthly Rise in September FX Volumes

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

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According to the figures, Euronext’s FX volume for September came in at $407.81 billion, which is up 17.1% compared to the prior month’s number of $348.13 billion. Additionally, it represented a yearly decline of 13.1%, which was witnessed in the same period last year.

As a result, the average daily volume (ADV) for the forex market in September was $18.53 billion, another surge on a monthly basis of 17.1% compared with August’s number of $15.82 billion. On a yearly basis, the ADV FX volume fell by 13.1% from $21.33 billion in the same period last year.

In terms of the derivatives market, the total futures for September accounted for 7,857,835 lots, up 51.3% from the figure seen in the prior last month of 5,193,125 lots. The total options were 9,604,733 lots, up 29% compared to August 2021, whose number was 7,442,808 lots.

Moreover, the total cash market number of transactions accounted for 77,301,788, up 20% from August’s figure of 64,488,084. The ADV of cash market in September was 3,513,718.

Last month, Euronext announced the launch of an option contract on the Euronext Eurozone Banks Index ​which has been co-designed with market participants.