FIA Volume Webinar March 26, 2009 Sponsored by Trading Technologies Presented by Will Acworth, Editor of Futures Industry, and Galen Burghardt, Director.

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Presentation transcript:

FIA Volume Webinar March 26, 2009 Sponsored by Trading Technologies Presented by Will Acworth, Editor of Futures Industry, and Galen Burghardt, Director of Research at Newedge FIA Volume Trends Webinar

FIA Volume Webinar March 26, 2009 Sponsored by Trading Technologies Global Listed Derivatives Volume

FIA Volume Webinar March 26, 2009 Sponsored by Trading Technologies Global Listed Derivatives Volume Number of Futures and Options Contracts Traded and/or Cleared on Exchanges Domestic U.S. 2,172,516,430 2,795,211,945 3,525,151,683 4,573,288,354 6,091,010,548 6,954,106,904 Outside U.S. 5,940,203,225 6,069,499,103 6,448,671,825 7,288,924,671 9,435,621,556 10,698,596,717 Total 8,112,719,655 8,864,711,048 9,973,823,508 11,862,213,025 15,526,632,104 17,652,703,621 % change yoy9.3%12.5%18.9%30.9%13.7% % change yoy US only28.7%26.1%29.7%33.2%14.2%

FIA Volume Webinar March 26, 2009 Sponsored by Trading Technologies Global Listed Derivatives Volume By Category Number of Futures and Options Contracts Traded and/or Cleared on Exchanges Category % Change Equity Index6,488,620,4345,499,833, % Individual Equity5,511,194,3804,400,437, % Interest Rates3,204,838,6173,745,176, % Agricultural888,828,194640,683, % Energy580,404,789496,770, % Currency577,156,982459,752, % Precious Metals180,370,074150,976, % Non-Precious Metals175,788,341106,859, % Other45,501,81026,140, % Total17,652,703,62115,526,632, % Note: Based on the number of futures and options traded and/or cleared by 69 exchanges worldwide.

FIA Volume Webinar March 26, 2009 Sponsored by Trading Technologies U.S. Futures Industry Volume by Category Number of Futures and Futures Options Contracts Traded and/or Cleared on Exchanges Futures Futures Options 2008 total % change from 2007 Interest Rate 1,213,113, ,359,044 1,539,472, % Equity Indexes 904,905,551 44,423, ,328, % Energy Products 285,561,050 78,936, ,497, % Ag Commodities 215,356,977 56,735, ,092, % Foreign Currency 155,780,808 5,666, ,447,2409.5% Precious Metals 56,176,565 6,127,922 62,304, % Other 13,368, ,404 14,026, % Base Metals 4,636,287 22,559 4,658, % Individual Equities 3,706, % Total 2,852,605,524518,928,799 3,371,534,3234.4%

Top 20 Interest Rate Futures and Options Worldwide Ranked by Number of Contracts Traded in 2008 Rank Contract % Change 1Eurodollar Futures, CME596,974,081621,470, % 2Euro-Bund Futures, Eurex257,827,619338,319, % 310 Year Treasury Note Futures, CME256,770,689349,229, % 4Euribor Futures, Liffe228,487,462221,411,4853.2% 5Eurodollar Options on Futures, CME228,224,397313,032, % 6Euro-Schatz Futures, Eurex174,226,719181,101, % 75 Year Treasury Note Futures, CME168,127,469166,207,3911.2% 8One Day Inter-Bank Deposit Futures, BM&F166,983,583221,627, % 9Euro-Bobl Futures, Eurex155,090,861170,909, % 10Euribor Options on Futures, Liffe106,730,52274,276, % 11Short Sterling Futures, Liffe104,572,875119,675, % 1230 Year Treasury Bond Futures, CME89,464,546107,630, % 132 Year Treasury Note Futures, CME79,311,00268,610, % 14Short Sterling Options on Futures, Liffe59,079,44050,747, % 15TIIE 28 Futures, Mexder57,881,101220,608, % 1610 Year Treasury Note Options on Futures, CME56,753,68861,528, % 17Euro-Bund Options on Futures, Eurex33,317,87944,441, % 183 Year Treasury Bond Futures, ASX26,116,38133,585, % 19Long Gilt Futures, Liffe24,717,24927,367, % 20Euroyen Futures, TFX22,372,13338,952, %

Top 20 Equity Index Futures and Options Worldwide Ranked by Number of Contracts Traded in 2008 * Traded on multiple U.S. exchanges Rank Contract % Change 1Kospi 200 Options, KRX2,766,474,4042,709,844,0772.1% 2E-mini S&P 500 Futures, CME633,889,466415,348, % 3DJ Euro Stoxx 50 Futures, Eurex432,298,342327,034, % 4DJ Euro Stoxx 50 Options, Eurex400,931,635251,438, % 5SPDR S&P 500 ETF Options *321,454,795141,614, % 6Powershares QQQ ETF Options *221,801,005185,807, % 7S&P CNX Nifty Futures, NSE India202,390,223138,794, % 8S&P 500 Options, CBOE179,019,155158,019, % 9iShares Russell 2000 ETF Options *151,900,495154,059, % 10S&P CNX Nifty Options, NSE India150,916,77852,707, % 11Financial Select Sector SPDR ETF Options *119,671,02639,130, % 12E-mini Nasdaq 100 Futures, CME108,734,45695,309, % 13Dax Options, Eurex104,939,88191,850, % 14Nikkei 225 Mini Futures, OSE95,446,72949,107, % 15Taiex Options, Taifex92,757,25492,585,6370.2% 16RTS Index Futures, RTS87,469,40534,228, % 17TA-25 Options, TASE81,483,70194,520, % 18Kospi 200 Futures, KRX64,835,14847,758, % 19Mini-sized $5 DJIA Futures, CME55,348,31240,098, % 20CAC 40 Futures, Liffe49,242,00044,668, %

Top 20 Energy Futures and Options Worldwide Ranked by Number of Contracts Traded and/or Cleared in 2008 * Cleared via Clearporf Rank Contract % Change 1Light, Sweet Crude Oil Futures, CME134,674,264121,525, % 2Brent Crude Oil Futures, ICE Futures Europe68,368,14559,728, % 3WTI Crude Oil Futures, ICE Futures Europe51,091,71251,388, % 4Natural Gas Futures, CME38,730,51929,786, % 5Light Sweet Crude Oil Options on Futures, CME35,255,32628,398, % 6Henry Hub Natural Gas Swap Futures, CME *31,401,57516,207, % 7European Style Natural Gas Options, CME *31,158,32629,921,0684.1% 8Fuel Oil Futures, SHFE30,810,54012,005, % 9Gas Oil Futures, ICE Futures Europe28,805,19224,509, % 10NY Harbor RBOB Gasoline Futures, CME20,522,57119,791,4393.7% 11Crude Oil Futures, MCX20,507,00113,938, % 12No. 2 Heating Oil Futures, CME19,583,05218,078,9768.3% 13Henry Hub Penultimate Swap Futures, CME *12,352,92810,117, % 14miNY Crude Oil Futures, CME5,641,1455,185,2148.8% 15Gasoline Futures, Tocom4,054,7617,529, % 16European Style Crude Oil Options, CME *3,580,8611,879, % 17Natural Gas Options on Futures, CME2,336,2875,051, % 18Crude Oil Average Price Options, CME *2,227,7381,445, % 19Panhandle Basis Natural Gas Swap Futures, CME *2,017,3711,497, % 20ECX CFI Futures, ICE Futures Europe1,991,276980, %

The Top Derivatives Exchanges – Part One Based on the number of futures and options traded and/or cleared. Exchanges that operate under common ownership are combined. RankExchange % Change 1CME Group (includes CBOT and Nymex) *3,277,645,3513,158,383,6783.8% 2Eurex (includes ISE) *3,172,704,7732,704,209, % 3Korea Exchange2,865,482,3192,777,416,0983.2% 4NYSE Euronext (includes all EU and US markets) *1,675,791,2421,525,247,4659.9% 5Chicago Board Options Exchange (includes CFE) *1,194,516,467945,608, % 6BM&F Bovespa *741,889,113794,053, % 7Nasdaq OMX Group (includes all EU and US markets) *722,107,905551,409, % 8National Stock Exchange of India590,151,288379,874, % 9JSE South Africa513,584,004329,642, % 10Dalian Commodity Exchange313,217,957185,614, % 11Russian Trading Systems Stock Exchange238,220,708143,978, % 12 IntercontinentalExchange (includes US, UK and Canada markets) *234,414,538194,667, % 13Zhengzhou Commodity Exchange222,557,13493,052, % 14Boston Options Exchange178,650,541129,797, % 15Osaka Securities Exchange163,689,348108,916, % 16Shanghai Futures Exchange140,263,18585,563, % 17Taiwan Futures Exchange136,719,777115,150, % 18Moscow Interbank Currency Exchange131,905,45885,386, % 19London Metal Exchange113,215,29992,914, % 20Hong Kong Exchanges & Clearing105,006,73687,985, %

The Top Derivatives Exchanges – Part Two Based on the number of futures and options traded and/or cleared on 69 exchanges that report volume to the FIA. Exchanges that operate under common ownership are combined. RankExchange % Change 21Australian Securities Exchange (includes SFE) *94,775,920116,090, % 22Multi Commodity Exchange of India94,310,61068,945, % 23Tel-Aviv Stock Exchange92,574,042104,371, % 24Mercado Español de Opciones y Futuros Financieros83,416,76251,859, % 25Mexican Derivatives Exchange70,143,690228,972, % 26Tokyo Financial Exchange66,927,06776,195, % 27Singapore Exchange61,841,26844,206, % 28Turkish Derivatives Exchange54,472,83524,867, % 29Mercado a Termino de Rosario42,216,66125,423, % 30Tokyo Commodity Exchange41,026,95547,070, % 31Italian Derivatives Exchange38,928,78537,124,9224.9% 32Bourse de Montreal38,064,90242,742, % 33Tokyo Stock Exchange32,500,43833,093, % 34National Commodity & Derivatives Exchange24,639,71034,947, % 35Oslo Stock Exchange16,048,43013,967, % 36Budapest Stock Exchange13,369,42518,827, % 37Warsaw Stock Exchange12,560,5189,341, % 38Tokyo Grain Exchange8,433,34619,674, % 39Athens Derivatives Exchange7,172,1206,581,5449.0% 40Malaysia Derivatives Exchange6,120,0326,202, %

FIA Volume Webinar March 26, 2009 Sponsored by Trading Technologies The Top Derivatives Exchanges – Part Three Based on Number of Contracts Traded and/or Cleared % Change Chicago Mercantile Exchange1,893,402,5361,775,429,4386.6% Chicago Board of Trade960,777,7561,029,568, % New York Mercantile Exchange423,465,059353,385, % CME Group3,277,645,3513,158,383,6783.8% Eurex2,165,043,1831,899,861, % International Securities Exchange1,007,661,590804,347, % Eurex3,172,704,7732,704,209, % ICE Futures Europe150,138,547137,432,6359.2% ICE Futures U.S.80,954,78153,782, % ICE Futures Canada3,321,2103,452, % IntercontinentalExchange *234,414,538194,667, % * does not include OTC transactions or ECX products

FIA Volume Webinar March 26, 2009 Sponsored by Trading Technologies The Top Derivatives Exchanges – Part Four Based on Number of Contracts Traded and/or Cleared Philadelphia Stock Exchange547,456,114407,972, % Nasdaq OMX Group (Nordic markets)143,426,572143,437,3300.0% Nasdaq Options Market (U.S.)31,225,2190NA Nasdaq OMX Group722,107,905551,409, % Liffe U.K.809,450,611695,974, % NYSE Arca Options416,938,764335,838, % American Stock Exchange207,285,283240,383, % Liffe Amsterdam142,136,885159,827, % Liffe Paris96,440,02190,868,8906.1% NYSE Liffe U.S.1,837,5430NA Liffe Brussels1,212,2441,348, % Liffe Lisbon489,8911,005, % NYSE Euronext1,675,791,2421,525,247,4659.9%

FIA Volume Webinar March 26, 2009 Sponsored by Trading Technologies Global Listed Derivatives Volume Breakdown by Region Location of exchanges is determined by country of registration. “Other” consists of exchanges in South Africa, Turkey, Israel and Dubai.

FIA Volume Webinar March 26, 2009 Sponsored by Trading Technologies Global Listed Derivatives Volume by Region Ranked by Number of Contracts Traded and/or Cleared in % Change YOY% 2008 Total North America6,995,493,0166,137,204, %39.6% Asia-Pacific4,974,727,4624,289,600, %28.2% Europe4,167,116,6643,592,095, %23.6% Latin America854,405,2191,048,627, %4.8% Other *660,961,260459,104, %3.7% Worldwide Total17,652,703,62115,526,632, %100% * Other consists of exchanges in South Africa, Turkey, Israel and Dubai. Note: Location of exchanges is determined by country of registration.

FIA Volume Webinar March 26, 2009 Sponsored by Trading Technologies For more information about the information presented in this webinar, contact Will Acworth at A written description of the volume trends discussed in this webinar is available on the Futures Industry website at FIA Volume Trends Webinar