The Chicago Board of Trade (CBOT®), one of the world’s leading derivatives exchanges, today announced that October’s volume was 66,975,744 contracts, an increase of 35 percent over October 2005. Volume for the month averaged 3,044,352 contracts per day, up 29 percent from the same month last year. Average daily volume (ADV) on the Exchange’s e-cbot® electronic trading platform was 2,099,914 contracts in October, a 29 percent increase compared with October of 2005.
18.8 million transactions were completed on Euronext’s cash markets in October 2006, up 28.3% on October 2005, making the month the busiest October ever, with a daily average of 854,000 transactions.
The London Stock Exchange introduced a Larger Size Market Maker scheme designed to encourage liquidity at greater sizes and tighter spreads in both order and quote driven trading. The scheme, which builds on and formalises Market Maker incentives that currently exist on SETSmm, will apply to trading in all equity shares outside of the FTSE350 whether traded on the order book or via a market maker.
The New York Stock Exchange today released its weekly program-trading data submitted by its member firms. The report includes trading in all markets as reported to the NYSE for Oct. 23-27.
“The NYSE Hybrid MarketSM provides customers unparalleled choice and flexibility in trading NYSE-listed securities, while maintaining the Exchange’s hallmarks of best price and superior market quality,” said NYSE Group, Inc. (NYSE: NYX) Chief Financial Officer and Executive Vice President Nelson Chai, who addressed the Keefe, Bruyette & Woods Securities Brokerage Conference this morning in New York. “With more than 100 NYSE-listed stocks now active in the Hybrid Market, measures for market quality and operational performance are very positive.”
As of mid-October, short interest in 2,748 NASDAQ Global MarketSM securities totaled 7,272,707,794 shares compared with 7,209,431,128 shares in 2,730 Global Market issues for the month of September.
The New York Stock Exchange today released its weekly program-trading data submitted by its member firms. The report includes trading in all markets as reported to the NYSE for Oct. 16-20.
NYSE Group, Inc. today reported net income of $68.0 million, or $0.43 per diluted share, for the three months ended September 30, 2006, a 209% increase compared to $22.0 million, or $0.19 per diluted share, for the three months ended September 30, 2005. These results are presented in accordance with U.S. Generally Accepted Accounting Principles (GAAP).
The Chicago Board of Trade announced today that beginning on November 6, it will offer its options on Full-sized Gold (100 oz.) and Silver (5,000 oz.) futures contracts via open auction trading, listing them “side-by-side” electronic trading in the contracts. Currently, the CBOT’s Metals options contracts are only available for trading via the Exchange’s e-cbot® electronic trading platform.
CBOT Holdings, Inc., holding company for the Chicago Board of Trade, announced today that revenue for the third quarter 2006 increased 45 percent to $163.0 million compared with $112.2 million in the third quarter of 2005.