Liffe, NYSE Euronext’s leading futures and options business, traded a record 103 million futures and options contracts in January, up 61% from 2007, propelled by an all-time record week of trading with 33.5 million contracts traded for the week-ended January 25. Average daily volume for U.S. equity options trading on NYSE Arca Options reached a record 2.4 million contracts traded per day in January 2008, an increase of 98% compared to the same month in 2007.
Cash Products
Euronext
NYSE Euronext’s European cash markets registered their busiest month ever with 41.5 million transactions completed in January 2008, up 80.1% from the same month last year, representing a record average daily volume of 1.9 million transactions.
Euronext registered three consecutive new record days with respect to trading volumes during the month of January, including the busiest day ever with 3.4 million transactions completed on January 22. The previous most active day was August 17, 2007 with more than 2.4 million transactions completed.
Euronext reported a record of 40.1 million equity transactions in January 2008, up 81.9% year-on-year. Year-on-year transactions on Euronext were up 124.5% for ETFs and up 39.9% for structured products, including warrants and certificates.
NYSE Group
NYSE Euronext’s U.S. cash equities exchanges, NYSE and NYSE Arca, reported a record 3.9 billion shares handled per day in January, up 40.4% year-on-year. Total volume in January 2008 was up 47.4% compared to 2007 fueled by strong trading volume throughout the month, including several top ten volume days, weeks and overall month of trading for NYSE Group exchanges.
NYSE Euronext’s U.S. equities operations reported 2.9 billion shares handled per day in NYSE-listed securities for January, up 38.3% from the same month in 2007.
NYSE and NYSE Arca experienced record volumes in January 2008 with more shares traded than any other US exchange group, registering two of the top ten NYSE Group daily volume records, including the highest-ever for NYSE Arca with 2.8 billion shares traded on January 24.
NYSE Group’s operations in ETF trading reported 497 million shares handled daily in January 2008, up 144.0% from the same period in 2007 with total handled volume in January 2008 up 156.2% versus January 2007.
Listings
Euronext
Nine IPOs were added on Euronext’s markets in January 2008, representing $5.9/€4 billion of additional market capitalization.
In January NYSE Euronext welcomed NYSE-listed Satyam Computer Services to its European market. Satyam is the first NYSE-listed company after the merger between NYSE Group and Euronext to seek a cross-market listing on NYSE Euronext in Europe, using the convenient, cost-effective fast-path process, which relies on existing U.S. registration documents for its European listing.
In January Euronext recorded a record number of 20 new ETFs listed on NextTrack, the Euronext market segment dedicated to ETFs. This brings the total number of ETFs listed on Euronext to 248, with more than 185 underlying indices.
NYSE Group
The month of January produced a total of 12 new listings on NYSE Group markets, including four IPOs by operating companies on the NYSE, and one closed end fund IPO. During January 2008, there was also one new exchange traded product and two new structured products listed on NYSE Arca.
Other new listings on the NYSE during the month included two spin-offs, one transfer from the Amex, and one other new listing.
Of the four IPOs by operating companies, two U.S. domestic IPOs raised a total of $570/€384 million, and two non-U.S. companies raised a total of $274/€185 million in IPO proceeds in connection with listing on the NYSE. The closed end funds that listed on the NYSE raised $120/€81 million in connection with their listings.
