Exclusive: GAIN Capital adds Mark Richards to its board, representing Michael Spencer’s IPGLAnother blow for Bitcoin – Stripe is dropping the “people’s currency”bitFlyer launches in Europe, becomes first bitcoin exchange to be regulated in JapanAquis Technologies to supply UBS MTF with surveillance & reporting solutionHow to master forex market structure in 3 simple stepsRival completes certification for Cboe Futures Exchange migration to Bats technology platformFICO partners with 4most Europe to accelerate banks’ regulatory complianceLuxembourg Stock Exchange partners with ADBC to expand the Green Bond MarketHKEX sets launch date for new securities trading systemAgency for the Cooperation of Energy Regulators extends its contract with NasdaqDeutsche Börse AG appoints Ingrid M. Haas as Managing Director of Communications and MarketingShenzhen Stock Exchange improves the risk management systemSeabury partners with Parabellum Markets for FX liquidity source in the AmericasSaxo Bank adds New York and London infrastructure to bolster FX Prime-of-Prime offeringMiFID II, GDPR and ESMA: The Not-So-Terrible TrioBlackwell Global Hong Kong acquires new SFC asset management licenseNasdaq elects Joseph Mecane to the Board of Directors of its U.S. ExchangesIG Group reports record 1H-2018 Revenue, establishes Germany sub ahead of BrexitBNY Mellon hires Michael Cooper from Deutsche Bank to head new institutional FX prime brokerage businessExclusive: Supreme Court rejects appeal against Israel Binary Options law

WFE publishes annual IOMA derivatives report with 2.2% rise in 2016 volumes

The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers including exchanges and CCPs, has today published its annual report into the global derivatives market.

Highlights of the report are as follows:

  • Derivatives volumes continued to grow in 2016 – increasing by 2.2% on 2015 – reaching a total number of 24.9 billion derivatives contracts.
  • This was made up of 9.4 billion options (38%) and 15.5 billion futures (62%) traded.
  • Growth was driven by volumes traded in the Americas (up 6.7%, and accounting for 41% of total volumes traded), with increases across stock index futures, interest rate, currency and commodity derivatives.
  • In a reversal of the trend observed in 2015, the Asia-Pacific region (36% of the total volume), saw a decline of 5.5% in volumes traded vs 2015. This was mainly due to the decrease in volumes of single stock derivatives and stock index derivatives, whilst volumes of commodity derivatives grew by 27%.
  • In the EMEA region (23% of the total), volumes rose by 7.8% on 2015, driven by stock index futures, interest rate and commodity derivatives.
  • There were volume increases in all product lines, except equity derivatives and ‘other derivatives’ such as REIT derivatives and CFDs, (declines of 11% and 1.1% respectively vs 2015).
  • Commodity derivatives volumes – the most actively traded contract type in both 2016 and 2015 – grew by 27.5%.
  • Currency derivatives also continued strong volume growth, up 10.4% on 2015.
  • Finally, interest rate derivatives were up 5.5% in 2016, a reversal of the declines seen in 2014 and 2015.
Nandini Sukumar

Nandini Sukumar, Chief Executive Officer, WFE said:

Today’s report shows the global derivatives market in robust health, with volumes ticking up more than 2% compared to last year. The swing from equity to commodity derivatives in the Asia-Pacific region is a particularly interesting shift, and one we started to see in 2015. This trend towards commodity derivatives is also mirrored in EMEA and the Americas, with growth of 57% and 13% respectively, supported by strong growth in agriculture, base metal and energy contracts.

The WFE is pleased to be hosting its 34th IOMA derivatives and post-trade conference this week. We look forward to debating the issues of the hour with key stakeholders from the global market structure space.

Siobhan Cleary, Head of Research & Public Policy, commented:

At the product level, whilst equity derivatives remain the most actively traded exchange traded product, their contribution is now below 50% of total volume traded – the first time since the WFE began its data collection of the derivatives market back in 2005. This contrasts starkly with the 22% CAGR experienced in commodity derivatives from 2005 to 2016.

Related News


WFE publishes annual IOMA derivatives report with 2.2% rise in 2016 volumes


Send this to a friend

Subscribe to LeapRate
Fill out the form below for more information
for lising in LeapRate's Forex Yellow Pages

Please enter the company name, email address to reach you and phone # (optional):

Please fill out the message field to the right for any questions or special inquiry: