Global Futures and Options Volume. Global Futures and Options Volume by Category. Global Futures and Options Volume by Region

Transcription

1 Global Futures and Options Based on the number of contracts traded and/or cleared at 8 exchanges worldwide Jan-Oct 212 Jan-Oct 213 % Change Futures Jan-Oct 212 Jan-Oct % Options 7,21,95,824 6,497,83, % Total 14,519,153,268 15,17,445,57 3.6% Global Futures and Options by Category Based on the number of contracts traded and/or cleared at 8 exchanges worldwide Category Jan-Oct 212 Jan-Oct 213 % Change Individual Equity 5,453,84,482 5,436,25, % Equity Index 5,246,912,382 4,582,212, % Interest Rate 2,524,618,419 2,863,889, % Currency 2,11,31,43 2,246,514, % Energy 742,756,545 1,71,41, % Agriculture 1,47,62,38 1,7,237,3-3.9% Non-Precious Metals 447,728,65 564,485, % Other 188,1,57 447,665, % Precious Metals 267,26, ,221, % Total 17,929,851,531 18,575,292, % Note: Other includes contracts based on commodity indices, credit, fertilizer, housing, inflation, lumber, plastics and weather. 29.3% Individual Equities 24.7% Equity Indices 15.4% Interest Rate 12.1% Currency 5.8% Energy 5.4% Agriculture 5.% Metals 2.4% Other Global Futures and Options by Region Based on the number of contracts traded and/or cleared at 8 exchanges worldwide Region Jan-Oct 212 Jan-Oct 213 % Change North America 6,53,722,767 6,726,822, % Asia Pacific 6,382,331,451 6,337,147, % Europe 3,748,855,65 3,728,826,9 -.5% Latin America 1,494,991,665 1,472,83, % Other 249,949,998 39,692, % Total 17,929,851,531 18,575,292, % Note: Location of exchanges is determined by country of registration. Other consists of exchanges in Dubai, Israel, South Africa, and Turkey. 36.2% North America 34.1% Asia Pacific 2.1% Europe 7.9% Latin America 1.7% Other 14 Futures Industry

2 Top 3 Derivatives Exchanges Ranked by number of contracts traded and/or cleared Rank Exchange Jan-Oct 213 Annual % Change Oct 213 Open Interest Annual % Change 1 CME Group 2,691,546,72 9.% 92,487, % 2 IntercontinentalExchange (includes NYSE Euronext) * 2,395,312, % 148,395, % 3 National Stock Exchange of India 1,889,455, % 7,22,23-9.1% 4 Eurex * 1,873,854, % 16,284, % 5 BM&FBovespa 1,47,651, % 61,646, % 6 CBOE Holdings * 1,,932, % 21,918,553 8.% 7 Moscow Exchange 969,97, % 5,537, % 8 Nasdaq OMX * 964,19, % 8,181, % 9 Multi Commodity Exchange of India 746,54, % 633, % 1 Korea Exchange 693,221, % 2,881,271 1.% 11 Dalian Commodity Exchange 591,65, % 3,987, % 12 Shanghai Futures Exchange 536,584, % 2,54, % 13 Zhengzhou Commodity Exchange 452,664, % 2,27, % 14 Japan Exchange Group 315,835, % 6,292,59 2.% 15 Hong Kong Exchanges & Clearing 251,22,327 8.% 9,457, % 16 ASX Group 222,76, % 16,287, % 17 BSE 215,944, % 34, % 18 JSE South Africa 28,341, % 25,795, % 19 China Financial Futures Exchange 161,88, % 99,64 6.% 2 BATS Exchange 135,871, % N/A N/A 21 TMX Group * 132,522, % 4,53,77-1.8% 22 Taiwan Futures Exchange 13,71, % 1,49, % 23 Singapore Exchange 94,295, % 3,799, % 24 Tokyo Financial Exchange 59,239, % 1,233,848.4% 25 Tel Aviv Stock Exchange 48,957, % 89, % 26 Turkish Derivatives Exchange 44,454, % 379, % 27 Meff 43,618, % 14,381,243-6.% 28 London Stock Exchange Group 42,514, % 13,128,15.8% 29 Rosario Futures Exchange 41,99, % 3,92, % 3 United Stock Exchange of India 39,91, % 13, % * Open interest for these exchanges does not include options traded in the U.S. and cleared by OCC. Futures Industry January

3 Exchange Groups Futures and options volume broken down by subsidiary exchanges Exchange Jan-Aug 213 Annual % Change Aug 213 Annual % Change Australian Stock Exchange 119,196, % 13,57, % Sydney Futures Exchange 13,563,91 2.5% 2,716, % ASX Limited 222,76, % 16,287, % Bolsa de Valores São Paulo 81,258, % 22,425, % Bolsa de Mercadorias & Futuros 66,393,73.6% 39,221, % BM&FBovespa 1,47,651, % 61,646, % Chicago Board Options Exchange 91,32, % N/A N/A C2 Exchange 65,181, % N/A N/A CBOE Futures Exchange 34,43, % 411, % CBOE Holdings 1,,932, % 21,918,553 8.% Budapest Stock Exchange 6,392, % 469, % Wiener Borse 413, % 84, % CEE Stock Exchange Group 6,86,6 22.% 554, % Chicago Mercantile Exchange 1,321,14, % 42,63,96 34.% Chicago Board of Trade 922,763, % 16,388,89 7.5% New York Mercantile Exchange 442,747, % 33,842,348-1.% Kansas City Board of Trade 4,93, % 192, % CME Group 2,691,546,72 9.% 92,487, % Eurex 1,337,47, % 16,279,72-5.1% International Securities Exchange 522,22, % N/A N/A ISE Gemini 14,785,175 N/A N/A N/A Eurex 1,873,854, % 16,284, % London Metal Exchange 142,963, % 2,31,942.9% Hong Kong Exchanges 18,256, % 7,425, % Hong Kong Exchanges & Clearing 251,22,327 8.% 9,457, % NYSE Liffe Europe 812,197, % 57,536, % NYSE Amex Options 465,466, % N/A N/A ICE Futures U.S. * 443,33, % 79,57, % NYSE Arca Options 388,128, % N/A N/A ICE Futures Europe * 27,24, % 1,452, % NYSE Liffe U.S. 11,485, % 73, % ICE Futures Canada 4,462, % 194, % IntercontinentalExchange Group 2,395,312, % 148,394, % * 213 data include futurized swaps Osaka Securities Exchange 284,4, % 5,36, % Tokyo Stock Exchange 31,83, % 985, % Japan Exchange Group 315,835, % 6,292,59 2.% Italian Derivatives Market 27,91, % 6,27, % Turquoise Derivatives 14,613, % 7,1, % London Stock Exchange Group 42,514, % 13,128,15.8% 16 Futures Industry

4 IDX Gala Dinner Wednesday 11 June 214 The Pavilion at The Tower of London In aid of For further information, or to discuss sponsorship opportunities, contact Bernadette Connolly, FOA on +44 () or Exchange Groups (continued) Futures and options volume broken down by subsidiary exchanges Exchange Jan-Aug 213 Annual % Change Aug 213 Annual % Change MCX-SX 52,365, % 365, % Multi Commodity Exchange of India 244,175, % 267, % Multi Commodity Exchange of India 746,54, % 633, % Nasdaq OMX PHLX 576,596, % N/A N/A Nasdaq Options Market 272,764, % N/A N/A Nasdaq OMX Nordic 82,792, % 8,69, % Nasdaq OMX Boston 31,156, % N/A N/A Nasdaq OMX Commodities 79, % 86, % Nasdaq OMX Group 964,19, % 8,181, % Singapore Exchange 93,762, % 3,75, % SGX Asiaclear 533,14 87.% 94, % Singapore Exchange 94,295, % 3,799, % Boston Options Exchange 76,726, % N/A N/A Montreal Exchange 55,795,264 2.% 4,53,77-1.8% TMX Group 132,522, % 4,53,77-1.8% Note: Open interest for U.S. equity options is held at OCC rather than at the exchanges. Futures Industry January

5 Top 2 Agricultural Futures & Options Contracts Rank Contract Contract Size Jan-Oct 212 Jan-Oct 213 % Change 1 Soy Meal Futures, DCE 1 tonnes 269,911, ,76,8-14.1% 2 Rapeseed Meal Futures, ZCE * 1 tonnes N/A 12,696,273 N/A 3 Soy Oil Futures, DCE 1 tonnes 52,979,172 78,39, % 4 Palm Oil Futures, DCE 1 tonnes 27,258,726 63,143, % 5 White Sugar Futures, ZCE 1 tonnes 123,915,14 62,237, % 6 Rubber Futures, SHFE 1 tonnes 64,823,25 6,978, % 7 Corn Futures, CBOT 5, bushels 63,424,66 53,588, % 8 Soybean Futures, CBOT 5, bushels 45,132,657 39,264,91-13.% 9 Sugar #11 Futures, ICE Futures U.S. 112, pounds 24,67,249 26,641,52 1.7% 1 Wheat Futures, CBOT 5, bushels 23,17,485 21,297, % 11 Corn Options, CBOT 5, bushels 23,342,11 2,485, % 12 Soybean Oil Futures, CBOT 6, pounds 22,774,571 19,649, % 13 Soybean Meal Futures, CBOT 1 short tons 15,516,597 16,721, % 14 Soybean Options, CBOT 5, bushels 16,28,9 12,936, % 15 Corn Futures, DCE 5, bushels 34,473,55 11,725, % 16 Live Cattle Futures, CME 4, pounds 11,93,223 1,719, % 17 Lean Hog Futures, CME 4, pounds 9,852,48 9,78,48 -.7% 18 No. 1 Soybean Futures, DCE 1 tonnes 33,924,643 9,773, % 19 Cotton No. 1 Futures, ZCE 5 tonnes 19,293,566 6,95, % 2 Crude Palm Oil (FCPO) Futures, MDEX 25 tonnes 6,6,232 6,72,99 1.6% * Began trading in December 212 Top 2 Energy Futures & Options Contracts Rank Contract Contract Size Jan-Oct 212 Jan-Oct 213 % Change 1 Brent Crude Futures, ICE Futures Europe 1, barrels 126,875, ,862, % 2 Light, Sweet Crude Oil Futures, Nymex 1, barrels 12,952, ,535, % 3 Henry Hub Natural Gas Futures, Nymex 1, MMBTU 82,161,688 7,439, % 4 Gasoil Futures, ICE Futures Europe 1 tonnes 55,367,27 56,28, % 5 Crude Oil Futures, MCX 1 barrels 47,919,51 36,866,2-23.1% 6 WTI Crude Futures, ICE Futures Europe 1, barrels 28,379,65 31,453, % 7 NY Harbor RBOB Gasoline Futures, Nymex 42, U.S. gallons 31,579,526 29,394, % 8 No. 2 Heating Oil Futures, Nymex 42, U.S. gallons 3,733,55 27,781, % 9 Crude Oil (LO) Options, Nymex 1, barrels 27,894,17 27,677, % 1 Natural Gas Futures, MCX 1,25 MMBTU 23,379,782 21,479, % 11 Natural Gas European-Style Options, Nymex 1, MMBTU 21,877,685 16,661, % 12 Brent Oil Futures, Moscow Exchange 1 barrels 1,45,116 16,116, % 13 U.S. Oil Fund ETF Options ** N/A 18,56,624 14,173, % 14 Henry Hub Swap (NN) Futures, Nymex 2,5 MMBTU 16,36,396 9,99, % 15 Brent Crude Oil Options, ICE Futures Europe 1, barrels 7,588,374 8,296, % 16 Brent Crude Oil Last Day Futures, Nymex 1, barrels 1,41,71 7,52, % 17 U.S. Natural Gas Fund ETF Options ** N/A 1,968,479 6,44, % 18 EUA Futures, ICE Futures Europe 1, EUAs 5,19,514 6,34, % 19 Natural Gas Penultimate Swap Futures, Nymex 2,5 MMBTU 7,238,247 5,246, % 2 NYH RBOB Gasoline Futures, ICE Futures Europe 42, U.S. gallons 1,741,73 3,296, % * Traded on multiple U.S. options exchanges 18 Futures Industry

6 Top 2 Interest Rate Futures & Options Contracts Rank Contract Contract Size Jan-Oct 212 Jan-Oct 213 % Change 1 Eurodollar Futures, CME 1,, USD 373,229,55 436,134, % 2 One Day Inter-Bank Deposit Futures, BM&F 1, Real 289,639, ,59, % 3 1 Year Treasury Note Futures, CBOT 1, USD 226,24,922 28,664, % 4 3 Month Euribor Futures, Liffe 1,, Euro 151,378,969 29,315, % 5 Euro-Bund Futures, Eurex 1, Euro 158,467, ,185, % 6 5 Year Treasury Note Futures, CBOT 1, USD 11,824, ,387, % 7 3 Month Sterling Futures, Liffe 5, GBP 99,752, ,484, % 8 Euro-Bobl Futures, Eurex 1, Euro 91,962,996 11,184, % 9 Eurodollar Mid-Curve Options, CME 1,, USD 81,73,35 12,356, % 1 3 Year Treasury Bond Futures, CBOT 1, USD 77,14,79 85,85, % 11 Euro-Schatz Futures, Eurex 1, Euro 81,16,832 82,179,98 1.4% 12 1 Year Treasury Note Options, CBOT 1, USD 47,286,21 75,44, % 13 2 Year Treasury Note Futures, CBOT 2, USD 45,365,925 48,786, % 14 3 Month Euribor Options, Liffe 1,, Euro 63,681,684 42,926, % 15 3 Year Treasury Bond Futures, SFE 1, AUD 37,453,641 41,81, % 16 IDI Index Options, BM&F 1 Real x IDI Index 95,634,65 36,972, % 17 Long Gilt Futures, Liffe 1, GBP 31,199,226 36,52, % 18 Euro-Bund Options, Eurex 1, Euro 35,887,754 3,971, % 19 DI x US Dollar FRA Futures, BM&F N/A 3,21,797 29,919, % 2 3 Month Euribor Mid-Curve Options, Liffe 1,, Euro 8,538,5 25,983, % Top 2 Equity Index Futures & Options Contracts Rank Contract Index Multiplier Jan-Oct 212 Jan-Oct 213 % Change 1 CNX Nifty Index Options, NSE India 5 Indian rupees 682,89, ,581, % 2 SPDR S&P 5 ETF Options * N/A 479,232,25 513,447,31 7.1% 3 Kospi 2 Options, Korea Exchange ** 5, Korean won 1,491,34, ,963, % 4 E-mini S&P 5 Futures, CME 5 U.S. dollars 397,318, ,573,773-2.% 5 RTS Futures, Moscow Exchange 2 U.S. dollars 278,792, ,72, % 6 Euro Stoxx 5 Futures, Eurex 1 euros 274,292,38 228,876, % 7 Nikkei 225 Mini Futures, OSE 1 yen 17,135,32 23,43, % 8 Euro Stoxx 5 Options, Eurex 1 euros 248,42,7 192,354, % 9 S&P 5 Options, CBOE 1 U.S. dollars 142,611, ,723, % 1 CSI 3 Futures, CFFEX 3 Chinese RMB 78,389,47 161,618, % 11 S&P BSE 1 Options, BSE *** 5 Indian rupees 57,51, ,727, % 12 VIX Options, CBOE 1 U.S. dollars 9,121, ,211, % 13 ishares Russell 2 ETF Options * N/A 14,233,57 116,941,9 12.2% 14 Taiex Options, Taifex 5 New Taiwan dollars 85,626,313 93,452, % 15 Powershares QQQ ETF Options * N/A 96,885,655 78,553, % 16 ipath S&P 5 VIX Short Term Futures ETN Options * N/A 4,768,44 73,865, % 17 S&P Sensex India Options, BSE 15 Indian rupees 127,565,44 7,21, % 18 ishares MSCI Emerging Markets ETF Options * N/A 52,144,571 69,31, % 19 CNX Nifty Futures, NSE India 5 Indian rupees 71,369,924 63,468, % 2 E-mini Nasdaq 1 Futures, CME 2 U.S. dollars 52,179,41 5,81,95-4.% * Traded on multiple U.S. options exchanges ** Multiplier changed from 1, won for series listed from March 212 onwards. *** Began trading in August 212 Futures Industry January

7 Top 2 Metals Futures & Options Contracts Rank Contract Contract Size Jan-Oct 212 Jan-Oct 213 % Change 1 Steel Rebar Futures, SHFE 1 tonnes 131,568, ,575, % 2 Silver Futures, SHFE * 15 kilograms 15,19,12 128,511, % 3 Copper Futures, SHFE 5 tonnes 5,76,823 56,454, % 4 High Grade Primary Aluminum Futures, LME 25 tonnes 49,156,983 53,414, % 5 SPDR Gold Shares ETF Options ** N/A 45,134,583 43,915, % 6 Comex Gold Futures, Nymex 1 troy ounces 36,875,64 4,939,83 11.% 7 Copper Grade A Futures, LME 25 tonnes 3,258,44 34,325, % 8 Silver MIC Futures, MCX 1 kilogram 43,931,485 3,218, % 9 ishares Silver Trust ETF Options ** N/A 29,928,931 26,836, % 1 Special High Grade Zinc Futures, LME 25 tonnes 24,39,633 24,752,32 1.5% 11 Silver M Futures, MCX 5 kilograms 3,872,757 18,629,2-39.7% 12 Copper Futures, MCX 1 tonnes 28,698,36 18,53, % 13 Gold Petal Futures, MCX 1 gram 31,155,63 17,886, % 14 Gold Futures, SHFE 1 kilogram 5,42,47 15,899, % 15 Gold M Futures, MCX 1 grams 18,53,12 14,82,921-2.% 16 Comex Copper Futures, Nymex 25, pounds 13,84,414 14,763, % 17 Gold Futures, Moscow Exchange 1 troy ounce 6,749,4 13,41, % 18 Comex Silver Futures, Nymex 5, ounces 11,74,137 12,347, % 19 Copper Mini Futures, MCX 25 kilograms 15,75,292 11,326, % 2 Gold Futures, Tocom 1 kilogram 9,67,628 11,92, % * Began trading in May 212 ** Traded on multiple U.S. options exchanges Top 2 Foreign Exchange Futures & Options Contracts Rank Contract Contract Size Jan-Oct 212 Jan-Oct 213 % Change 1 U.S. Dollar/Indian Rupee Futures, NSE India 1, USD 56,591, ,253,94 3.5% 2 U.S. Dollar/Indian Rupee Futures, MCX-SX 1, USD 464,781, ,89, % 3 U.S. Dollar/Russian Ruble Futures, Moscow Exchange 1, USD 33,988,33 315,897, % 4 U.S. Dollar/Indian Rupee Options, NSE India 1, USD 187,868,138 24,85, % 5 U.S. Dollar Futures, BM&F 5, USD 71,494,55 71,66,94.2% 6 Euro/U.S. Dollar Futures, Moscow Exchange 1, Euro 27,173,586 59,667, % 7 Euro FX Futures, CME 125, Euro 57,686,199 53,256,94-7.7% 8 U.S. Dollar Futures, Korea Exchange 1, USD 46,43,427 44,952,89-2.4% 9 U.S. Dollar Futures, Rofex 1, USD 43,738,38 41,251,87-5.7% 1 Japanese Yen Futures, CME 12,5, Yen 18,692,379 37,51,98 1.6% 11 U.S. Dollar/Indian Rupee Options, USE 1, USD 381,643 25,734, % 12 British Pound Futures, CME 62,5 GBP 22,71,88 25,127, % 13 Australian Dollar Futures, CME 1, AUD 28,322,146 22,83, % 14 U.S. Dollar/Japanese Yen Futures, TFX 1, USD 7,626,927 18,147, % 15 Canadian Dollar Futures, CME 1, CAD 19,8,86 14,986, % 16 Euro/Indian Rupee Futures, NSE India 1, Euro 4,2,8 14,746, % 17 U.S. Dollar/Rand Futures, JSE 1, USD 6,763,474 13,281, % 18 Euro/Indian Rupee Futures, MCX-SX 1, Euro 8,391,86 13,139, % 19 U.S. Dollar/Indian Rupee Futures, USE 1, USD 3,423,669 11,29, % 2 Mexican Peso/U.S. Dollar Futures, Mexder 1, USD 8,22,31 11,,9 33.8% 2 Futures Industry

8 214 CONFERENCES & EXPOSITIONS BOCA 214 MARCH 11-14, 214 FIA International Futures Industry Conference Boca Raton Resort & Club Boca Raton, Florida L&C 214 MAY 7-9, 214 FIA Law & Compliance Division Conference on the Regulation of Futures, Derivatives and OTC Products Marriott Waterfront Baltimore, Maryland JUNE 1-11, 214 FIA / FOA International Derivatives Expo (IDX) The Brewery London, England SWISS FUTURES AND OPTIONS ASSOCIATION SEPTEMBER 214 Bürgenstock - The Global Forum for Derivatives Markets InterContinental Hotel Geneva, Switzerland EXPO 214 NOVEMBER 4-6, 214 FIA Futures and Options Expo Hilton Chicago Chicago, Illinois ASIA 214 DECEMBER FIA Asia Derivatives Conference Singapore For Conference Sponsorship and Exhibit Sales, contact Toni Vitale Chan , tvitale-chan@futuresindustry.org For general FIA inquiries call

9 OTC Clearing CME Group Cleared Interest Rate Swaps and (in billions USD) Cleared IRS by Currency (as of Oct. 213) USD 64% EUR 18% Sep-11 Oct-11 Nov-11 Dec CAD 1% OTHER 2% JPY 2% GBP 13% Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Cleared Credit Default Swaps and (in billions USD) CDS by Type (as of Oct. 213) 6 6 High Yield 36% Sep-11 Oct-11 Dec-11 Jan-12 Nov-11 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Sep-12 Aug-12 Sept-13 Investment Grade 64% Source: CME Group 22 Futures Industry

10 OTC Clearing ICE Clear Credit and ICE Clear Europe Cleared Credit Default Swaps at ICE Clear Credit and (in billions USD) ICE Clear Credit Cleared CDS by Type (as of Oct. 213) Single Name Swaps 46% Sep-11 Oct-11 Dec-11 Jan-12 Nov-11 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Sep-12 Aug-12 2 Index Swaps 54% Cleared Credit Default Swaps at ICE Clear Europe and (in billions USD) Single Name Swaps 35% ICE Clear Europe Cleared CDS by Type (as of Oct. 213) Sep-11 Oct-11 Dec-11 Jan-12 Nov-11 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Sep-12 Aug-12 1 Index Swaps 65% Source: IntercontinentalExchange Futures Industry January

11 OTC Clearing Japan Securities Clearing Corp. Cleared Credit Default Swaps and (in millions USD) by CDS Index Series (as of Oct. 213) Series 2 Series 19 Series 18 Series 17 Series 16 Series 15 Series 14 Series Series 12 Apr-12 May-12 Jun-12 Jul-12 Sep-11 Oct-11 Dec-11 Jan-12 Nov-11 Feb-12 Mar-12 Sep-12 Aug-12 Series 11 Series Cleared Interest Rate Swaps and (in billions USD) IRS by Maturity (as of Oct. 213) Years 39% 2-5 Years 29% Years 3% 5-1 Years 29% Source: Japan Securities Clearing Corp. 24 Futures Industry

12 OTC Clearing LCH.Clearnet Cleared Interest Rate Swaps and (in trillions USD) Cleared IRS by Currency (as of Oct. 213) 35 3 Dealer-Dealer Dealer-Client 25 2 EUR 31.7% USD 36.2% GBS 9.6% Sep-11 Oct-11 Dec-11 Jan-12 Nov-11 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Sep-12 Aug-12 Cleared FX Forwards and (in trillions USD) 5 OTHER 5.% CAD 1.4% JPY 7.8% AUD 8.3% Apr-12 May-12 Jun-12 Mar-12 Jul-12 Aug-12 Sep-12 * LCH.Clearnet data adjusted so that volumes are single-counted. Source: LCH.Clearnet Futures Industry January

13 Women in Listed Derivatives (WILD) promotes networking and relationship-building among women in derivatives through social and educational events. Our mission is to highlight industry role models, encourage advancing careers and collectively underscore the prominence of women in derivatives. WomenInListedDerivatives.org Follow Us OTC Clearing Nasdaq OMX Stockholm Cleared Interest Rate Swaps and (in billions USD) Futures Industry

14 egains $38 Million in Futures Brokerage Settled Billion Futures Contracts Processed your partner for processing services For additional information, contact