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Eurex Posts 14% Spike in European Interest Rate Derivatives during 2021

An International derivatives exchange and a member of the Deutsche Börse Group, Eurex published its trading metrics for full-year 2021 and highlighted substantial growth in trading activity across different financial products today.

Last year, European interest rate derivatives remained the standout performer. In terms of traded contracts, the figure touched 603.2 million, which is 14% higher compared to 528.5 million in 2020. As far as European equity derivatives contracts are concerned, the number increased by 11% YoY.

The only drawback was the trading activity across European equity index derivatives. The total number of traded contracts related to European equity index derivatives dropped by nearly 25% compared to 2020.

“European equity index derivatives showed negative growth of 25 percent, falling from 1,050.7 million traded contracts to 793.1 million. Overall volumes across all products fell 8 percent from 1,861.4 million traded contracts in 2020 to 1,703.3 million in 2021. 2020 was, of course, an exceptional year in terms of the unprecedented volatility seen at the start of the pandemic,” Eurex noted.

In September last year, Eurex announced the launch of Bitcoin ETN Futures.

OTC Clearing

In terms of OTC Clearing, the exchange witnessed decent growth throughout 2021. Overall notional outstanding volumes climbed by more than 20%. During the same period, the average daily cleared volumes at the exchange jumped by 9% from 122 billion EUR to 133 billion EUR.

“Looking at specific products, the Overnight Index Swaps business grew by 169 percent in terms of notional outstanding, from 721 billion EUR to 1,941 billion EUR, and by 74 percent in terms of average daily cleared volumes, from 5 billion EUR to 8 billion EUR. Notional outstanding and average daily cleared volumes for Interest Rate Swaps grew by 36 percent and 20 percent year-on-year, respectively,” Eurex added.

An International derivatives exchange and a member of the Deutsche Börse Group, Eurex published its trading metrics for full-year 2021 and highlighted substantial growth in trading activity across different financial products today.

Last year, European interest rate derivatives remained the standout performer. In terms of traded contracts, the figure touched 603.2 million, which is 14% higher compared to 528.5 million in 2020. As far as European equity derivatives contracts are concerned, the number increased by 11% YoY.

The only drawback was the trading activity across European equity index derivatives. The total number of traded contracts related to European equity index derivatives dropped by nearly 25% compared to 2020.

“European equity index derivatives showed negative growth of 25 percent, falling from 1,050.7 million traded contracts to 793.1 million. Overall volumes across all products fell 8 percent from 1,861.4 million traded contracts in 2020 to 1,703.3 million in 2021. 2020 was, of course, an exceptional year in terms of the unprecedented volatility seen at the start of the pandemic,” Eurex noted.

In September last year, Eurex announced the launch of Bitcoin ETN Futures.

OTC Clearing

In terms of OTC Clearing, the exchange witnessed decent growth throughout 2021. Overall notional outstanding volumes climbed by more than 20%. During the same period, the average daily cleared volumes at the exchange jumped by 9% from 122 billion EUR to 133 billion EUR.

“Looking at specific products, the Overnight Index Swaps business grew by 169 percent in terms of notional outstanding, from 721 billion EUR to 1,941 billion EUR, and by 74 percent in terms of average daily cleared volumes, from 5 billion EUR to 8 billion EUR. Notional outstanding and average daily cleared volumes for Interest Rate Swaps grew by 36 percent and 20 percent year-on-year, respectively,” Eurex added.

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