FIA Reports July Exchange-Traded Derivatives Post 26.9% Volume Gain from a Year Ago; Dip vs. June

Suzanne Cosgrove

Suzanne Cosgrove

Editor

The Futures Industry Association released its July 2021 report on worldwide volume and open interest for exchange-traded derivatives on Tuesday, and it shows a volume gain of 26.9% compared with July 2020 for a combined total of 4.91 billion contracts. However, trading slowed down from its torrid pace of early summer — July volume was down 2.4% from the month earlier.

Year-to-date volume for the first seven months of 2021 year was 33.82 billion contracts, up 31.3% from the same period of 2020. Total open interest at the end of July 2021 was 1.11 billion contracts, the FIA report shows, up 1.8% from the previous month and up 11.2% from a year ago.

A further breakdown of the data shows options trading again led the volume uptick in July with 2.69 billion options contracts traded versus 2.23 billion futures.

Looking at asset classes, equity indexes paced futures and options volume, but trading in interest rate futures also was up, jumping by 51.0% in July. Trading in precious metals futures and options contracts declined 45.0%.

On a regional basis, futures and options trading in the Asia-Pacific led the pack last month, up 38.3% from July 2020, followed by North America, which saw volume increase by 25.6%.

 

John Lothian Newsletter

Today’s Newsletter

London Stock Exchange to abandon lossmaking derivatives venture

London Stock Exchange to abandon lossmaking derivatives venture

First Read $53,406/$300,000 (17.8%) ++++ Hits & Takes John Lothian & JLN Staff The London Stock Exchange has given notice that CurveGlobal is to be closed effective Friday, the 28th of January, 2022. CurveGlobal's CEO Andy Ross had this to say on LinkedIn...

We visit more than 100 websites daily for financial news (Would YOU do that?)

Now Read This

Brendan Bradley’s Front Row Seat to the Path to Electronic Trading

Brendan Bradley’s Front Row Seat to the Path to Electronic Trading

Brendan Bradley had a front row seat for the major exchange battles between open outcry trading and electronic trading after starting at the London International Financial Futures Exchange (LIFFE) in the 1980s and then moving to DTB in the mid-1990s. While there he saw the German Bund contract battle that shocked the global derivatives trading world and then later witnessed the competition between Eurex and the Chicago Board of Trade (CBOT) that he said ultimately led to the global leading exchange’s demise.

Bradley shared a historic overview of the development of markets in Europe as electronic trading developed for The Path to Electronic Trading from John Lothian News’ MarketsWiki Education video series.

Pin It on Pinterest

Share This Story