News Releases

 
mini MSCI Futures on NYSE Liffe U.S. Reach Records in 2012
- Volume up 67% from 2011 with Open Interest up 113%
- Introduced mini MSCI Canada, mini MSCI Emerging Markets Latin America and mini MSCI World contracts

NEW YORK, Jan. 14, 2013 -- NYSE Liffe U.S., the innovative U.S. futures exchange of NYSE Euronext (NYX), today announced several 2012 trading records for its mini MSCI Futures Complex, including all-time highs in Volume, Open Interest (OI) and Block trade at Index Close (BIC) activity.  For the full-year 2012, mini MSCI Index Futures traded a record Average Daily Volume (ADV) of 19,256, up 67% from 2011. Led by consistently growing trading volume in MSCI Emerging Markets and MSCI EAFE in 2012, NYSE Liffe U.S. experienced record year-over-year volume gains of 87% and 43% in those products, respectively.  Open Interest in the contracts closed out 2012 at 233,752 contracts, up 113% from year-end 2011.

The month of December saw numerous records, including four consecutive days of trading more than 100,000 contracts with an all-time record of 128,084 on December 17.  In mini MSCI Emerging Markets Index Futures contracts alone, over 82,000 contracts traded on December 17, a new record.  Also in December, the mini MSCI Index Futures complex traded a record ADV of 41,571 contracts daily, up 108% from December 2011; ADV in mini MSCI Emerging Markets contracts during the month was over 27,000, up 136% and ADV in MSCI EAFE was approximately 14,000, up 69% from December 2011.   December also experienced strong activity in NYSE Liffe U.S.’s innovative Block Trade at Index Close (BIC) program.  Since launching the BIC program in late 2011, NYSE Liffe U.S. has traded a total notional value of $9.1 billion in 334 trades, adding $8.9B in 330 trades in 2012.  Open Interest hit an all-time high of 267,932 contracts on December 19th.

With the 2012 introduction of mini MSCI World, mini MSCI Canada and mini MSCI Emerging Markets Latin America futures, NYSE Liffe U.S. now trades 15 futures products based on MSCI indexes that offer investors a diverse range of global investment opportunities.  By offering direct exposure to countries and regions of global emerging and developed markets, the mini MSCI futures complex on NYSE Liffe U.S. provides the component pieces for customers to better manage their desired exposures to a range of global markets.  All of the new futures contracts clear and settle in U.S. dollars at the Options Clearing Corporation. 

In May 2009, NYSE Liffe U.S. signed a license agreement with MSCI to offer a broad suite of domestic and international index futures products built on a range of MSCI equity indices.   These indices include style and sector exposures as well as flagship MSCI indices like the MSCI Emerging Markets (EM) and MSCI EAFE indices.   MSCI calculates over 150,000 equity indices daily as part of a diverse index portfolio including broad and efficient market coverage of U.S. and European equity markets.   MSCI indices are recognized and used by leading asset managers around the world.

For more information on mini MSCI index futures contracts please visit:  http://www.nyx.com/minimscis

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About NYSE Liffe U.S.
A unit of NYSE Euronext, NYSE Liffe U.S. is a partnership with six leading market participants, Citadel Securities, DRW Ventures LLC (an affiliate of DRW Trading Group), GETCO, Goldman Sachs, Morgan Stanley and UBS.  It is a global, multi-asset class futures exchange trading a diverse range of products, including the successful Eurodollar and U.S. Treasury interest rate products, a suite of MSCI-based futures, liquid precious metals contracts and contracts based on the DTCC GCF Repo IndexTM.  NYSE Liffe U.S. utilizes the proven LIFFE CONNECT® trading platform designed and maintained by NYSE Technologies that matched nearly 4.5 million contracts per day on the NYSE Liffe markets in Europe in 2011.  The exchange offers a wide range of global connectivity options allowing members to efficiently transact on the platform in a highly cost efficient manner.  For more information, please visit www.nyseliffeus.com

NYSE Liffe U.S. was named 2012 ‘Exchange of the Year’ by Risk Magazine and its innovative DTCC GCF Repo Index® futures were awarded 2012 ‘New Contract of the Year’ for Interest Rates by Futures and Options Week (FOW) Magazine.

MSCI and the MSCI Index names are service marks of MSCI Inc. (“MSCI”) or its affiliates and have been licensed for use by NYSE Liffe US LLC. Futures contracts on any MSCI Index (“Contracts”) are not sponsored, guaranteed or endorsed by MSCI, its affiliates or any other party involved in, or related to, making or compiling such MSCI Index. Neither MSCI, its affiliates nor any other party involved in, or related to, making or compiling any MSCI Index makes any representations regarding the advisability of investing in such Contracts. Neither MSCI, its affiliates nor any other party involved in, or related to, making or compiling any MSCI Index makes any warranty, express or implied, or bears any liability as to the results to be obtained by any person or any entity from the use of any such MSCI Index or any data included therein. No purchaser, seller or holder of this security, or any other person or entity, should use or refer to any MSCI trade name, trademark or service mark to sponsor, endorse, market or promote this security without first contacting MSCI to determine whether MSCI’s permission is required.

 

 

 



Contact: Katrina Clay
Phone: 212.656.2017
Email:  kclay@nyx.com