Eurex Group has released its figures for 2014, revealing that it traded a total volume of 2.1 billion contracts, or around 8.3 million per day.
International derivatives markets reached a turnover of about 2.1 billion contracts, slightly lower than 2013’s total of 2.2 billion.
Of the 2014 contracts, 1.5 billion were traded at the Eurex Exchange and 607.4 million at the International Securities Exchange (ISE), compared to 2013’s figures of 1.6 billion contracts traded at Eurex Exchange and 638.8 million at ISE.
Equity index derivatives made up the largest segment for 2014, with a total volume for the year of 708.4 million contracts, up from a total of 645 million in 2013.
Derivatives on the EURO STOXX 50 index were the largest single products, totalling 293.9 million futures and 241.3 million options. In the equity derivatives segment, options and single-stock futures combined reached 300.4 million contracts, a drop from 383.4 million in 2013.
The interest rate derivatives segment also declined from 509.6 million in 2013, to a total of 461.3 million in 2014.
Volatility derivatives and dividend derivatives increased however, with the former reaching 10.3 million contracts in 2014, compared to 7.3 million in 2013, and the latter recording 9.7 million contracts in 2014, compared to 7.1 million the previous year.
In the month of December 2014, the Eurex Group derivatives market reached average daily volumes of 9.2 million, an increase from 8.6 million in the same period in 2013. Of these, 7.3 million were traded at Eurex Exchange, and 1.9 at ISE.
At Eurex Exchange, the equity index derivatives reached 76.5 million contracts in December 2014, a jump from 53.3 million in the same period in 2013.
The top equity index derivative was the future on the EURO STOXX 50 index, which traded 33.9 million contracts, on top of 24.5 million options traded.
In the equity derivatives segment, 21.7 million contracts we traded, down slightly from 22.6 million in December 2013. Of these, 14.1 million were equity options and 7.5 million were single stock futures.
In the interest rates derivatives segment in December, 38.6 million contracts were traded, an increase on the December 2013 figure of 35.1 million.
The Eurex dividend-based derivatives total for December 2014 reached approximately 617,000 contracts, and volatility derivatives reached 934,000 contracts.
On the European Energy Exchange (EEX), the monthly volume on the power derivatives market amounted to 205.1 terawatt hours (TWh) in December 2014, almost double last year’s figure of 103.3 TWh.
Similarly, on the EEX natural gas spot and derivatives market, traded volumes reached 30.4 TWh, a significant increase on December 2013’s figure of 11.4TWh.
On the spot and derivatives market for carbon dioxide emission allowances, a volume of 22.8 million tonnes of carbon dioxide was traded, compared to 52.2 million tonnes in December 2013.
