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NYSE Euronext Business Summary for May 2008
-Busiest May Ever for European Cash and Derivatives Markets-
-Cash Equities Volumes: +31.8% in Europe, +17.7% in the U.S. y-t-d-
-Derivatives Volumes: + 30.0% in Europe  , +57.1% in the U.S.  y-t-d-

June 4, 2008 – NYSE Euronext (NYX) reported strong transaction volume growth across most of its products and exchanges during the month of May 2008, compared to the same period in 2007 and year-to-date.   NYSE Euronext’s European cash and derivatives operations reported their busiest May on record.

Cash products:

  • NYSE Euronext's European cash exchanges experienced continued growth and their busiest May ever, with average daily volume of 1.29 million transactions per day, up 11.2% compared to May 2007, and a total year-to-date volume increase of 31.8%. Additionally, Euronext registered strong growth in ETF transactions, with a year-to-date increase of 52.3% and monthly increase of 11.4% versus the same period in 2007.
  • NYSE Euronext’s U.S. cash exchanges, the New York Stock Exchange and NYSE Arca, reported a total volume[1] increase of 17.7% year-to-date.   NYSE Euronext’s U.S. exchanges experienced gains across most product categories since the beginning of 2008 versus the same period in 2007, including 14% for NYSE listed issues, 125% in NYSE Arca and Amex listed issues, and 76% in ETFs.  

Derivatives products:

  • NYSE Euronext’s derivatives trading operations on Liffe experienced its busiest May ever, leading to a 30% increase in total contracts traded year-to-date compared to the same period in 2007. In May, Liffe traded more than 91 million futures and options contracts, representing an average daily volume of 4.3 million, up 20.8% from the same month in 2007. Bclear, Liffe’s wholesale service for OTC trades, set another new monthly trading record, processing over 28 million contracts during the month, up 77.7% compared to the same month last year. Year-to-date trading in Liffe’s short-term interest rate (STIR) contracts increased by 42.6%, compared to the same period in 2007. Equity products traded an average daily volume of 2.3 million during May 2008, up 33% on the same month in 2007. Liffe’s AEX-index Daily Options, launched on 31 March 2008, traded 240,000 contracts during May 2008 and have now traded over 500,000 contracts since launch.
  • Average daily volume on NYSE Arca Options increased 30.7% to 1.5 million contracts traded each day in May 2008, while total consolidated options volume rose by 24.9% compared to the same month last year.  NYSE Arca Options captured 12.4% of the trading in all options in May 2008, including 13.4% year-to-date of all trading in the SEC Penny Pilot program.  

Listings:

  • As of May 2008, 21 Exchange Traded Funds listed on NYSE Euronext markets bringing the total number of listed issues to 637.   This included six new Exchange Traded Fund listings on Euronext markets, with an additional 11 Exchange Traded Funds and four Exchange Traded Notes on NYSE Arca. Also this month, the NYSE listed six new structured products.
  • On May 22, NYSE Euronext’s Alternext market listed Proventec, the first UK  firm to dual list on AIM  and Alternext. Proventec is also the third international company to list on Alternext this year and follows the listing of two Chinese companies, Huacheng Real Estate (Alternext Paris:   ALHUA) and China Corn Oil (Alternext Paris: ALCCO). NYSE Euronext’s U.S. markets added 30 new listings, which included five IPOs, representing approximately $1.2 billion in IPO proceeds raised.

Please click herefor the Monthly Transaction Activity Data Table.

Note:  Based on first-quarter 2008 non-GAAP net revenues (excluding activity assessment fees, and liquidity payments, routing and clearing fees) NYSE Euronext revenues from its primary business activities are represented below as a percentage of total net revenues:

  • Derivatives trading accounts for 25%
  • European cash trading accounts for 20%
  • U.S. cash trading accounts and Software and technology services accounts for 13% respectively
  • Market data accounts and Listing account for 12% respectively

On May 30, 2008: €1 = $1.5557

About NYSE Euronext
NYSE Euronext (NYX) operates the world’s leading and most liquid exchange group, and seeks to provide the highest levels of quality, customer choice and innovation.   Its family of exchanges, located in six countries, includes the New York Stock Exchange, the world's largest cash equities market; Euronext, the Eurozone's largest cash equities market; Liffe, Europe's leading derivatives exchange by value of trading; and NYSE Arca Options, one of the fastest growing U.S. options trading platforms.  NYSE Euronext offers a diverse array of financial products and services for issuers, investors and financial institutions in cash equities, options and derivatives, ETFs, bonds, market data, and commercial technology solutions.  NYSE Euronext's nearly 4,000 listed companies represent a combined $ 30.9/ € 19.8 trillion in total global market capitalization (as of April 30, 2008 ), more than four times that of any other exchange group.  NYSE Euronext's equity exchanges transact an average daily trading value of approximately $161.9 / €106.9 billion (as of April 30, 2008 ), which represents more than one-third of the world's cash equities trading.   NYSE Euronext is part of the S&P 500 index and the only exchange operator in the S&P 100 index.  For more information, please visit www.nyx.com.

Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext’s plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext’s current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext’s results to differ materially from current expectations include, but are not limited to: NYSE Euronext’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext’s reference document for 2007 (“document de référence”) filed with the French Autorité des Marchés Financiers (Registered on May 15, 2008 under No. R. 08-054), 2007 Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.

 



[1]Volume figures do not include the NYSE/FINRA Trade Reporting Facility.



Contact: Stephanie Scotto
Phone: 212.656.4896
Email:  sscotto@nyx.com