By Simon Miller
NYSE Euronext global derivatives average daily volumes fell by 16.3% in June compared to the previous month, the exchange announced this morning.
Despite the fall, global derivatives average daily volume (ADV) still saw a 8% year-on-year rise over June 2010.
The exchange saw an ADV of 8.8m contracts in June 2011 driven by a 19.7% increase in US options ADV and a 14.3% increase in European fixed income derivatives which offset a 14.4% decrease in European equity products ADV.
Cash equities ADV declined across all venues in June 2011, with European cash ADV decreasing 2.8% and US cash trading ADV decreasing 28.7% from June 2010 levels.
NYSE Euronext European derivatives products ADV of 4.6m contracts decreased 2.1% compared to June 2010 and decreased 28.1% from May 2011 levels.
Excluding Bclear, Liffe's trade administration and clearing service for OTC products, European derivatives products ADV increased 4.8% compared to June 2010 and decreased 2.0% from May 2011.
In addition, total European fixed income products saw an ADV of 2.2m contracts, an increase of 14.3% compared to June 2010, but a 6.7%decrease from May 2011.
Total equity products ADV of 2.4m contracts in June 2011 decreased 14.4% compared to June 2010 and decreased 41.3% from May 2011. Total commodities products ADV of 93,000 contracts in June 2011 increased 50.6% compared to June 2010 and increased 14.6% from May 2011.
Yesterday, NYSE Euronext shareholders approved its $9.39bn (£5.87bn) takeover by Deutsche Boerse with a vote of 66%.
The all-stock transaction would give Deutsche Boerse 60% of the combined entity and the Frankfurt-based exchange will know next Wednesday whether it has passed the 75% approval from its stockholders. another step toward completing a deal that would create the world’s biggest exchange operator.