Trading volume on the Montreal Exchange totalled 14.7 million contracts in 2002, up 15% compared with the previous year.

The underlying dollar value of the contracts traded on the ME in 2002 represented more than $20 billion, on average, on a daily basis.

The number of contracts held, or Open Interest, stood at 1.1 million contracts on December 31, 2002, a 31% increase compared to December 31, 2001.

In other highlights:

  • Volume increased 22% on equity options (including long-term equity options and options contracts on iUnits S&P/TSX 60 Index Participation Fund) with 6.5 million contracts traded;
  • Sponsored Options volume reached 842,777 contracts;
  • Volume rose 13% on the BAX, the Three-month Canadian Banker’s Acceptance Futures contract, with 4.8 million contracts traded; and
  • volume jumped 24% on the SXF, the S&P Canada 60 Index Futures contract, with 1.5 million contracts traded.



Detailed statistics for the Montreal Exchange statistics for 2002 are available on its Web site at http://www.m-x.ca/f_stat_en/0212_stats_en.pdf.