Euronext // 2021 Universal Registration Document
Presentation of the Group 1 Description of the Business
NUMBER OF CONTRACTS TRADED (LOTS IN MILLION ) (1)
63.9
49.8
49.5 48.3
45.8
44.0 47.4
41.3
Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21
HISTORICAL AVERAGE DAILY DERIVATIVES VOLUMES (IN LOTS) (2)
1,200,000
1,136,425
999,737
1,000,000
Jan-20 857,110
853,235
840,965
832,550
818,523
800,768
800,000
790,423
793,753
777,174
772,640
762,558
737,036
734,265
693,179
687,096
651,748
631,499
628,820
614,576
612,767
611,373
600,000
574,361
400,000
200,000
0
Jul-20
Jul-21
Oct-20
Oct-21
Apr-20
Apr-21
Jan-21
Feb-20
Feb-21
Jun-20
Jun-21
Dec-20
Dec-21
Sep-20
Sep-21
Nov-20
Nov-21
Aug-20
Aug-21
Mar-20
Mar-21
May-20
May-21
Financial Derivatives Equity products: versatility and leverage
European stock market indices and the European equity market as a whole, and many are available as weekly or daily contracts as well as the more usual monthly contracts. Euronext’s flagship equity index products include the CAC 40® index futures contract, which is the second most traded national index future in Europe, in terms of number of contracts traded, and the AEX® index options contract, which is one of the most on-exchange traded national index options in Europe. Euronext’s mini index derivatives (“minis”) allow investors to follow the same investment strategies but with less initial margin or a smaller trading amount. Dividend products: a new and rapidly growing asset class Dividend index futures and stock dividend futures allow holders to hedge against, or take position on, changes in the dividend of a particular index or underlying share. Euronext’s flagship dividend products include the CAC 40® dividend index futures, which is one
Equity options and futures enable holders to hedge against, or take position on, changes in the underlying share. More than 350 equity options and over 443 equity futures can be traded on Euronext, making the Company one of the leading markets for equity derivatives trading. Equity options trading has historically been particularly active in Amsterdam due to high retail participation.
Equity index products: hedge against fluctuations in the European equity market
Equity index derivatives allow holders to hedge against, or take position on, changes in the future level of a particular index, the investor paying or receiving a cash sum representing their loss or gain on the future or option. Euronext’s equity index derivatives allow customers to hedge against fluctuations in a range of
(1) Including Borsa Italiana derivatives volumes. Figure prior to the acquisition have been restated accordingly. (2) Including Borsa Italiana figures. Volumes prior to the acquisition on 29 April 2021 have been restated accordingly.
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2021 UNIVERSAL REGISTRATION DOCUMENT
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