Last month’s average daily FX volume was $22.6 billion. Compared to February’s $20.6 billion, this was also a 9.7% MoM increase.
The March total cash market numbers were $292.0 million. This is 22.7% more than the previous month. The exchange experienced a 25% decrease in annual volume.
Euronext derivatives markets saw a 31% MoM increase to 17.3 million contracts in March. The numbers were 12.18% lower than March 2022.
The company highlighted in its latest report that it has registered its third highest equity value traded in history” on 17 March., reaching €27.6 billion, driven by higher volatility.
According to the exchange:
Over March 2023, €12.7 billion of average daily traded volumes was reported on Euronext markets, the highest level in 12 months. Euronext’s superior market quality has helped it strengthen its position as Europe’s venue for price formation.
Euronext recently reported a 9.3% rise in its underlying revenue and income for 2022 to €1.48 billion.
The post Euronext’s FX trading volumes up by 26% MoM in March 2023 appeared first on LeapRate.
