Euronext Experiences a Decline in FX Volumes of 12.9% during August 2021

Euronext, a leading European trading venue operator, has released on Tuesday its trading volume metrics for the month of August, highlighting a decline in the total forex volume for the period. According to the report, total Euronext FX volume plummeted -12.9% to $348.13 billion, down from the figure seen in July of $399.63 billion.

It also represented a yearly decline of -12.5% from $397.84 billion witnessed in the same period last year. As a result, the average daily volume (ADV) for the forex market in August was $15.82 billion, down -12.9% from $18.16 billion posted in July. On a yearly basis, the ADV FX volume fell by -16.5% compared to $18.94 billion, which was the number registered in August 2020.

Moving into the derivatives market monthly activity, total futures for August accounted for 5,193,125 lots, which is down -13.5% from the figure seen in the prior last month of 6,007,050 lots. Also, total options were 7,442,808, another decline of -5.6% compared to July 2021, whose number was 7,885,920 lots.

In terms of average daily volume for both fronts, total futures ADV was 236,051 lots for August, down -13.5% from the number seen in July of 273,048. Furthermore, total options ADV hit 338,309 lots for the period, up 17,3% on a yearly basis compared to August 2020, where the figure was 326,210 lots.

Recent Euronext Partnerships

In July, Euronext announced that it had begun collaborating with Early Metrics, a leading independent startup ratings, valuations, and analysis provider, to deploy free automated analytical reports about Small and Medium Enterprises (SMEs) in the technology sector listed on Euronext. The mentioned project will cover a total of 430 tech SMEs listed on the Euronext markets across Paris, Amsterdam, Brussels, Dublin, Oslo, and Lisbon.

Euronext highlighted that the covered companies have a market cap of approximately €100 billion.

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