NYSE Euronext reported record transaction volumes in U.S. and European trading operations for 2007.
NYSE Euronext’s European cash markets registered their third consecutive record year, with 323 million transactions completed in 2007, up 47% on 2006, representing a record average daily volume of 1.2 million transactions. Transactions on Euronext were also up 126.2% for ETFs and up 34.1% for structured products, including warrants and certificates.
NYSE Euronext’s U.S. cash equities exchanges, NYSE and NYSE Arca, reported 2.6 billion shares handled per day in December, up 12.7% year-over-year. Total volume in 2007 was up 15.7% compared to 2006. Volume in US ETF trading was up 64.8%.
Derivatives represent the largest source of NYSE revenue, and in 2007, the Liffe, NYSE Euronext’s futures and options business, traded a record 949 million futures and options contracts, up 29.9% on 2006. Equity products grew by 35.9%, Interest Rate products by 25.6%, and Commodity products by 29.8%. Also, in 2007, NYSE Arca Options traded 1.3 million contracts daily, a 70.7% increase from 2006.
The exchange says that in 2007, NYSE Euronext’s U.S. and European equities markets attracted more initial public offering proceeds than any other exchange group in the world. IPOs on NYSE Euronext markets raised a total of US$78 billion in proceeds, including closed-end funds. Excluding closed-end funds, IPOs on NYSE Euronext markets raised a total of US$48 billion.
NYSE Euronext added a total of 429 new listings, including 140 on NYSE Euronext’s European markets, with 9.7 billion euros raised in connection with new listings and 210.7 billion euros of additional market capitalization. NYSE Euronext’s U.S. exchanges added 289 new listings, with IPOs by operating companies raising a total of US$61.4 billion in connection with listing, including funds, non-US companies, and NYSE Arca.
“As the world leader in trading a range of investment products, NYSE Euronext’s volume growth in Europe and the U.S. clearly demonstrates our strong value proposition to investors and issuers,” said NYSE Euronext CEO, Duncan Niederauer. “In 2008, we will continue to innovate and lead the global marketplace as we further integrate our business and introduce new products and services to better serve our customers.”
NYSE Euronext reports record annual volume
New record volumes across all products and geographies
- By: James Langton
- January 7, 2008 January 7, 2008
- 10:50