Euronext Sees 4.9% MoM Increase in Total Volume of FX Markets for February 2023

Euronext, the largest stock exchange in Europe, has released its trading volumes for February 2023, revealing a slight increase of 4.9% in total volume of its FX market on a yearly basis for the month.

Cash Market

• According to the financial report, the transaction number of total cash market for February 2023 reached 59,428,258, up 1% on a MoM basis (January 2023: 58,715,576) and down 31% on a YoY basis (February 2022: 86,660,532).

• The ADV of cash market for the month came in at 2,971,413, an increase of 11% on a MoM basis (January 2023: 2,668,890) and a decrease of 31% on a YoY basis (February: 4,333,027).

• The transaction Value for February 2023 amounted to €237,923 million, rising 10% compared to €215,465 million in the prior month and falling 24% compared to €311,068 million in the same period of last year.

Derivatives Market

• The total volume of futures was 4,633,802 lots, increasing 2.4% from 4,525,694 lots in January 2023 and decreasing 21.9% from 5,931,734 lots in February 2022.

• The total volume of options came in at 8,592,619 lots, dropping 6.9% compared to 9,233,065 lots in the prior month and dropping 19.3% compared to 10,649,622 lots in last February.

Euronext FX

• The total volume of Euronext's FX recorded $412,193 million, a decrease of 4.6% compared to $432,221 million in January 2023 and a decrease of 17.6% compared to $500,193 million in February 2022.

• The ADV Euronext FX for the month was $20,610 million, increasing 4.9% compared to $19,646 million in the prior month and decreasing 17.6% compared to $25,010 million in the same period of 2022.