Banking, finance, and taxes

NYSE Trading Volumes Dive in July (NYX)

Trading volumes for global derivatives and cash equities exchanges fell across the board in July on exchanges operated by NYSE Euronext (NYSE: NYX). According to company’s report, average daily volume (ADV) fell by 12% year-over-year in global derivatives trading and by 15.8% month-over-month compared to June 2012.

In European derivatives trading, ADV fell by 6.8% year-over-year and by 24.7% month-over-month. The ADV for U.S. equity options fell by 15.8% year-over-year and 3.8% from June 2012 levels.

NYSE Euronext’s U.S. options exchanges accounted for 25.9% of total U.S. consolidated equity options trading in July 2012, up from 25.8% in July 2011 and up from 25.6% in June 2012.

Average daily volume for U.S. cash products in July fell by 16.9% year-over-year to 1.7 billion shares. Month-over-month the decline was 9.9%.

The relatively light trading for the past month could be due to the usual summertime slowdown, or investors could be seeking other places to put their money. Even though U.S. Treasuries are not much more than safe-deposit boxes these days, there’s some comfort in knowing that virtually all that you put in will be available the next time you want or need it. And for those with a bigger appetite for risk, there are junk bonds and other corporates.

The NYSE Euronext report is available here.

Shares of NYSE Euronext are up 0.12% at $25.00, in a 52-week range of $21.80 to$31.25.

Paul Ausick

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