Euronext Sees a Slight FX Trading Volume Decline in May 2021

Euronext, a Pan-European trading venue operator, published its trading volume metrics for May 2021 on Monday. According to the report, the total number of transactions done in the cash market was 72,747,502 in May, up 5.2% month-over-month from the April figures, which were 69,183,400. Moreover, the average daily volume (ADV) for May hit 3,464,767, slightly up 0.1% month-over-month from 3,459,170 seen in the prior month.

Per the FX volume, total FX volume in Euronext for May was $391 billion approximately, posting a slight decline of -0.3% month-over-month compared to April, where the figure was $392.84 billion. On a year-over-year basis, it represented a decline of -4,5% to $409.77 in the same period of May 2020. Regarding the ADV FX in Euronext, May figures showed nearly $18.64 billion, up 4.4% month-over-month from April numbers, which were $17.85 billion. In the same line as the total FX volume, ADV also plummeted -4.5% on a year-over-year basis compared to the $19.51 billion seen in the same period last year.

Moving to the listings, the number of issuers on equities in EURONEXT was 1,879, up 0.5% from 1,869 month-over-month reached in April. Also, the number of listed securities in funds was 3,859, unchanged compared to the last month. However, it declined -18.8% year-over-year for the same period in 2020.

Derivatives Markets Mostly on Positive Territory

Derivatives markets’ volume had a bullish month in May, at least for indexes in futures and options. The figure was 3,246,883 lots traded for futures, up 11% month-over-month compared to 2,924,723 seen in April. Options surged by 20.6% month-over-month in May to hit 1,582,192 lots traded, whose figure in the prior month was 1,312,112.

Finance Magnates reported that Euronext saw €249.2 million in revenues during the first quarter of 2021, which is a jump of 5% compared to the same period in 2020, according to their financial reports released in March.

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