New record trading day on Eurex
A total of 10.47 million contracts traded in a single day/ Record trading in fixed income benchmarks Bund, Bobl, Schatz and Buxl futures
Eurex, the world's largest derivatives exchange, announced today a new daily volume record was reached on March 7, 2006, with 10,466,682 contracts traded. Yesterday's figure was 17.8 percent higher than the previous daily volume record of 8,885,684 contracts, set on June 15, 2005. The average daily trading volume on Eurex in 2006 is 5.7 million contracts.
The exchange also set trading records in all four European fixed-income benchmark products. The Euro-Bund future, the future on ten year German government debt, saw total volume of 3.2 million contracts, surpassing the previous record of 2.87 million contracts from June 7, 2005.
Almost two million 5-year Euro-Bobl futures were traded, breaking the record set the previous day of 1.78 million. The Euro-Schatz future reached a new record of 1.85 million contracts on March 6, beating the record of 1,614,963 from March 5, 2004. The new Euro-Buxl future also set a new trading record on March 7, with almost 33,000 contracts.
Peter Reitz, Member of the Executive Board of Eurex said: ?Volume on Eurex continues to grow strongly as our markets are experiencing an increase in global participation, especially our leading fixed-income products. We expect this trend to continue as we work to develop new products and create further market efficiencies, such as the recently introduced longer trading hours, in consultation with our users.?
Approximately 25 million contracts have been traded so far during the month of March and total volume for 2006 stands at 129.4 million contracts.
Total Eurex New record: 10,466,682 contracts Previous record: 8,885, 684 (June 15,2005) Percentage change: 17.8%
Euro-Bund-Future New record: 3,223,518 contracts Previous record: 2,870,843 (June 7, 2005) Percentage change: 12.3%
Euro-Bobl- Future New record: 1,978,589 contracts Previous record: 1,784,423 (March 6, 2006) Percentage change: 10.9%
Euro-Schatz-Future New record: 1,852,961 contracts (March 6, 2006) Previous record: 1,614,963 (March 5, 2004) Percentage change: 14.7%
Euro-Buxl-Future New record: 32,999 contracts Previous record: 26,306 (March 2, 2006) Percentage change: 25.4%
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