Euronext Reports 26.4% Monthly Increase in Total Volume of FX Markets for March 2023

Euronext, the largest stock exchange in Europe, released its trading data for March 2023, seeing an monthly increase of 26.4% in total volume of its FX market.

Cash Market

• Number of transactions of total cash market for the month came in at 70,763,586, 19% higher than 59,428,258 in the prior month and 38% lower than 113,817,536 in the same period of last year.

• ADV of cash market for March reached 3,076,678, up 4% compared to 2,971,413 in February 2023 and down 38% compared to 4,948,589 in March 2022.

• Transaction value for the month amounted to €292,022 million, an increase of 23% on a MoM basis (February 2023: €237,923 million) and a decrease of 25% on a YoY basis (March 2022: €391,140 million).

• ADV in the market was €12,697 million, increasing 7% compared to €11,896 million in the prior month and decreasing 25% compared to €17,006 million in last March.

Derivatives Market

• Total volume of futures came in at 6,344,171 lots for March 2023, an increase of 36.9% compared to 4,633,802 lots in February 2023 and an decrease of 12.5% compared to 7,249,130 lots in March 2022.

• Total volume of options in the month reached 10,918,181 lots, rising 27.1% on a monthly basis (February 2023: 8,592,619 lots) and dropping 12.0% on a yearly basis (March 2022: 12,409,431 lots).

Euronext FX

• Total volume of Euronext's FX for the month recorded $521,214 million, an increase of 26.4% compared to $412,193 million in February 2023 and a decrease of 13.2% compared to $600,615 million in March 2022.

• ADV of Euronext FX came in at $22,661 million, 10.0% higher than $20,610 million in the prior month and 13.2% lower than $26,114 million in the same period of last year.