Monthlystat 200401

Eurex Monthly Statistics
Derivatives Market
January 2004
Eurex
Eurex
Monthly Statistics Derivatives Market
January 2004
ex_monthly
09.02.2004
page 2
Table of Contents
1
EUREX KEY FIGURES
1.1 Monthly Press Release
1.2 Eurex Participants
1.3 Eurex Total
10
1.4 Eurex Summary
13
EUREX - INDEX PRODUCTS
16
2.1 Dow Jones Euro-STOXX 50 Options
16
2.2 Dow Jones Euro STOXX 50 Futures
18
2.3 Dow Jones STOXX 50 Options
19
2.4 Dow Jones STOXX 50 Futures
20
2.5 VDAX Volatility Index
21
22
2.7 DAX Futures
24
2.8 TecDAX Option
26
2.9 TecDAX Future
27
2.10 NEMAX 50 Option
27
2.11 NEMAX 50 Future
29
2.12 SMI Options
30
2.13 SMI Futures
32
2.14 HEX25 Options
34
2.15 HEX25 Futures
35
2.16 Euro STOXX Sector Options
36
2.17 Euro STOXX Sector Options Breakdown by Individual Indices
37
2.18 Euro STOXX Sector Futures
39
2.19 Euro STOXX Sector Futures Breakdown by Individual Indices
40
2.20 STOXX 600 Sector Options
42
2.21 STOXX 600 Sector Options Breakdown by Individual Indices
43
2.22 STOXX 600 Sector Futures
44
2.23 STOXX 600 Sector Futures Breakdown by Individual Indices
46
2.24 Global Titans Options
47
2.25 Global Titans Futures
48
2.6 DAX Options
Eurex
Eurex
January 2004
EUREX EQUITY PRODUCTS
ex_monthly
09.02.2004
page 3
49
3.1 Options on German Equities
49
3.2 Options on German Equities Breakdown by Individual Securities
51
3.3 Options on SMI Component Equities
54
3.4 Options on SMI Component Equities Breakdown by Individual

Securities
56
3.5 Options on French Equities
58
3.6 Options on French Equities Breakdown by Individual Securities
60
3.7 Options on Dutch Equities
63
3.8 Options on Dutch Equities Breakdown by Individual Securities
64
3.9 Options on Italian Equities
66
3.10 Options on Italian Equities Breakdown by Individual Securities
67
3.11 Options on Nordic Equities
67
3.12 Options on Nordic Equities Breakdown by Individual Securities
69
3.13 Options on US Equities
70
3.14 Options on US Equities Breakdown by Individual Securities
72
73
EXCHANGE TRADED FUNDS PRODUCTS
4.1 Options on Exchange Traded Funds
73
4.2 Options on Exchange Traded Funds Breakdown by Individual

Securities
75
4.3 Futures on Exchange Traded Funds
76
4.4 Futures on Exchange Traded Funds Breakdown by Individual

Securities
77
78
EUREX FIXED INCOME MARKET PRODUCTS
5.1 One-Month-Euribor Futures
78
5.2 Three-Month Euribor Futures
79
5.3 Options on Three-Month-Euribor Futures
81
5.4 Euro-Schatz Futures
82
5.5 Options on Euro-Schatz Futures
84
5.6 Euro-Bobl Futures
85
5.7 Options on Euro-Bobl Futures
87
5.8 Euro-Bund Futures
88
5.9 Options on Euro-Bund Futures
90
5.10 CONF Futures
91
Eurex
Eurex
January 2004
ex_monthly
09.02.2004
page 4
5.11 Deliverable Bonds for Eurex Futures
93
5.12 Delivered Bonds for Eurex Futures
95
96
INTERNATIONAL OPTIONS AND FUTURES EXCHANGES
6.1 Total Turnover
96
6.2 Index Products
98
6.3 International Index Derivatives
100
6.4 Equity Options
114
6.5 Money Market Products
118
6.6 Capital Market Products
120
Eurex
Eurex
January 2004
Eurex Key Figures
1.1
Monthly Press Release
ex_monthly
09.02.2004
page 5
Eurex Turns Over More than 91 Million Contracts in January

Record results in equity options and option on DJ Euro STOXX 50 index
Eurex, the international derivatives market, started out the year 2004 with good
results. The world's leading derivatives exchange turned over 91.4 million contracts
in January, about 7 percent higher than the volume posted in January 2003 (85
million contracts). The month's total corresponds to 4.35 million contracts traded
and cleared on a daily a verage. The highest growth rates were achieved in equitybased products, with several record results. Eurex Bonds also got the new year off
to a successful start with turnover of 14.2 billion euros in January, about 11 percent
higher than in January 2003.
A total of about 49 million contracts were traded and cleared in capital market
products at Eurex in January, slightly higher than the volume posted in January last
year (48 million contracts). Of this total, 20.5 million contracts were traded in the
Euro-Bund future, as compared with 22.3 million contracts in January 2003. Trading
in the Euro-Bobl future rose 5.6 percent to 12.9 million contracts. The largest
increase in the capital-market products segment at Eurex was achie ved in EuroSchatz futures with 11.2 million contracts traded, 21 percent higher than the
January 2003 volume.
In equity-based derivatives, 42.5 million contracts were traded at Eurex in January,
comprising 21.3 million contracts in equity-index derivatives, a 7 percent increase,
and 21.2 million contracts in equity options, a 40 percent increase compared with
the volume posted in January 2003. The top equity-index derivatives in January
were the futures and option on the DJ Euro STOXX 50 index, with a combined total
of some 15.1 million contracts traded. A new turnover record was achieved in the
option, with 7 million contracts traded, about 22 percent higher than the volume
posted the year before.
Trading in Dutch and French equity options was especially active in January. Eurex
achieved new record results with 872,000 contracts traded in the Dutch options
(beating the previous record of 816,000 contracts traded in October 2003), and
312,000 contracts traded in the French options (compared with the previous record
of 214,000 contracts in July 2003). Compared with January 2003, Eurex achieved
over two-thirds growth in the number of contracts traded in Dutch equity options,
and a market share of some 13 percent. In the French equity options segment,
Eurex achieved a sixfold increase in volume compared with January 2003, and also
a market share of 13 percent, measured in terms of the nominal value of the equity
options (the nominal value of the transactions).
Eurex
Eurex
January 2004
Eurex Bonds, the electronic trading platform that rounds out the Eurex offerings in
the fixed-income segment, turned over 14.2 billion euros (single counting) in
January, which corresponds to an 11 percent increase compared with January 2003
(12.8 billion euros).
ex_monthly
09.02.2004
page 6
Eurex
Eurex
January 2004
09.02.2004
page 7
Eurex Participants
Number of Eurex Participants
Austria
Belgium
Denmark
Finland
France
Germany
Gibraltar
Greece
Ireland
Italy
Netherlands
Portugal
Spain
Sweden
Switzerland
United Kingdom
USA
Total
Eurex Participants (*)

Australia
1.2
ex_monthly
Total
Total
Total
Total
Total
Total
Total
Total
1
1
1
2
3
2
3
4
5
5
1
3
3
4
4
4
4
1
3
3
2
2
2
5
16
14
12
12
12
11
15
26
34
30
30
30
29
94
114
121
141
136
135
124
102
2
2
2
2
4
1
4
6
1
1
2
5
6
6
6
4
2
11
11
12
11
9
7
8
11
20
26
28
29
27
1
2
1
1
1
1
7
19
19
17
15
14
1
4
7
6
4
7
6
6
43
45
44
42
39
38
14
25
66
70
72
68
72
75
2
6
20
38
50
57
63
66
135
177
313
414
429
427
424
406
2004 1. Quarter
12
29
103
27
14
37
76
66
408
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
1
1
1
1
1
1
1
1
1
1
1
1
1
5
5
5
5
5
5
5
5
5
5
5
5
5
4
4
4
4
5
5
4
4
4
4
4
4
4
2
2
2
2
2
2
2
2
2
2
2
2
2
12
12
12
12
12
12
12
12
12
12
12
12
12
31
31
30
30
29
29
29
29
29
29
29
29
29
119
116
114
115
113
110
108
109
106
106
104
102
103
2
2
2
2
2
2
2
2
4
4
4
4
4
4
4
4
4
4
5
6
6
6
6
6
6
7
6
5
5
5
5
5
5
4
4
4
4
4
4
11
11
10
10
10
10
10
10
9
9
9
9
9
28
28
28
28
28
28
28
28
28
28
28
27
27
1
1
1
1
1
1
1
1
1
1
1
1
1
14
14
14
14
14
14
14
14
14
14
14
14
14
4
4
4
5
6
6
6
6
6
7
7
7
7
39
39
38
38
38
38
39
39
39
38
38
38
37
72
71
72
73
74
74
72
73
73
73
74
75
76
66
65
65
66
66
66
67
67
67
67
68
66
66
421
415
411
415
415
413
411
412
410
410
410
406
408
2004 Total
12
29
103
27
14
37
76
66
408
1996
1997
1998
1999
2000
2001
2002
2003
(*) Exchange Participants before September 28, 1998, only at Eurex Deutschland (former DTB).
Number of Eurex Participants

500
450
400
350
300
250
200
150
100
50
0
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
Eurex
Eurex
January 2004
1.2.1
ex_monthly
09.02.2004
page 8
New and resigned Participants at Eurex

Eurex Participants ID
Eurex Participants
Clearingtype
Country
Baader Wertpapierhandelsbank Aktiengesellschaft

Bank of Piraeus Bank S.A.
Barclays Capital Securities Ltd.
Concord Trading GmbH
Prudential Financial Derivatives, LLC
NCM
NCM
NCM
NCM
NCM
Germany
Griechenland
Grobritannien
Germany
USA
ABN AMRO Bank (Deutschland) AG

FIMAT Switzerland AG
Prudential Equity Group, Inc.
GCM
NCM
NCM
Germany
Schweiz
USA
New Participants
BALFR
PIRAT
BACLO
COTFR
PFDNY
Resigned Participants
AARFR
FIMZH
PRUNY
Eurex
Eurex
January 2004
09.02.2004
page 9
Turnover of Eurex Participants by Country
2004 1. Quarter
Switzerland
United Kingdom
2.63%
3.43%
3.81%
0.41%
0.38%
0.21%
0.54%
0.49%
0.60%
0.73%
0.68%
1.31%
1.47%
1.97%
2.39%
0.00%
0.02%
0.02%
0.02%
0.02%
1.13%
1.13%
1.09%
1.14%
1.04%
0.06%
0.16%
0.40%
0.40%
0.14%
13.99%
13.20%
8.84%
8.21%
7.91%
24.93%
29.98%
33.01%
40.93%
44.96%
6.43%
7.80%
9.75%
10.85%
11.32%
USA
Sweden
0.02%
0.03%
0.07%
Spain
0.02%
0.07%
0.08%
0.12%
0.26%
Portugal
40.83%
32.39%
30.87%
24.94%
20.33%
Netherlands
7.99%
8.93%
9.24%
9.54%
9.29%
Italy
Germany
0.27%
0.38%
0.45%
0.36%
0.26%
Ireland
France
0.18%
0.19%
0.10%
0.15%
0.12%
Greece
Finland
0.56%
0.35%
0.25%
0.21%
0.33%
Gibraltar
Denmark
0.07%
0.13%
0.11%
0.13%
0.14%
Austria
0.00%
0.00%
Australia
1999 Total
2000 Total
2001 Total
2002 Total
2003 Total
Belgium
Turnover of Eurex Participants by Country based on the contracts traded
0.10%
0.33%
0.12%
0.24%
9.26%
19.09%
0.08%
0.58%
0.80%
2.84%
0.02%
0.81%
0.21%
7.08%
48.13%
10.30%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
0.01%
0.01%
0.00%
-
0.10%
0.11%
0.16%
0.17%
0.15%
0.12%
0.14%
0.11%
0.15%
0.15%
0.15%
0.18%
0.10%
0.27%
0.24%
0.45%
0.29%
0.24%
0.31%
0.26%
0.29%
0.31%
0.49%
0.36%
0.35%
0.33%
0.12%
0.11%
0.12%
0.12%
0.11%
0.12%
0.13%
0.16%
0.11%
0.14%
0.15%
0.12%
0.12%
0.28%
0.28%
0.29%
0.24%
0.26%
0.20%
0.19%
0.21%
0.32%
0.21%
0.20%
0.41%
0.24%
9.02%
8.73%
9.76%
8.60%
9.36%
9.41%
8.52%
8.78%
10.27%
9.21%
9.78%
9.75%
9.23%
19.82%
19.98%
20.51%
19.68%
19.85%
21.59%
20.30%
21.14%
20.08%
18.89%
20.18%
22.29%
19.03%
0.08%
0.18%
0.10%
0.19%
0.19%
0.18%
0.20%
0.16%
0.46%
0.28%
0.38%
0.86%
0.30%
0.05%
0.06%
0.05%
0.05%
0.05%
0.05%
0.06%
0.09%
0.12%
0.07%
0.13%
0.06%
0.08%
0.37%
0.33%
0.31%
0.37%
0.39%
0.32%
0.32%
0.34%
0.40%
0.44%
0.50%
0.55%
0.58%
0.83%
0.84%
0.65%
0.69%
0.70%
0.68%
0.73%
0.64%
0.68%
0.79%
0.86%
0.71%
0.80%
2.44%
2.29%
1.80%
2.60%
2.52%
1.91%
2.35%
2.58%
2.38%
2.78%
2.89%
2.46%
2.83%
0.03%
0.02%
0.02%
0.02%
0.02%
0.03%
0.02%
0.02%
0.02%
0.03%
0.02%
0.02%
0.02%
1.04%
1.20%
1.10%
1.06%
1.14%
1.03%
0.98%
0.88%
1.04%
1.08%
1.02%
0.91%
0.81%
0.19%
0.10%
0.13%
0.13%
0.11%
0.19%
0.16%
0.15%
0.11%
0.13%
0.17%
0.17%
0.21%
7.73%
7.84%
9.59%
8.59%
6.65%
8.13%
6.22%
8.18%
8.22%
6.39%
7.46%
9.92%
7.06%
45.66%
46.01%
44.93%
45.58%
45.89%
45.03%
45.50%
43.83%
44.87%
47.68%
45.26%
41.72%
47.98%
11.97%
11.66%
10.03%
11.63%
12.35%
10.70%
13.93%
12.45%
10.46%
11.26%
10.51%
9.17%
10.27%
2003 Total
0.00%
0.10%
0.33%
0.12%
0.24%
9.23%
19.03%
0.30%
0.08%
0.58%
0.80%
2.83%
0.02%
0.81%
0.21%
7.06%
47.98%
10.27%
Exchange Participants before September 28, 1998, only at Eurex Deutschland (former DTB).
Market Share of Eurex Participants - Country of Origin

60.00%
50.00%
Market Share in 2002
40.00%
Market Share in 2003
30.00%
20.00%
10.00%
US
A
Sw
itze
rla
nd
Un
ite
dK
ing
do
m
Sw
ed
en
Sp
ain
Po
rtu
ga
l
Ne
the
rla
nd
s
Ita
ly
Ire
lan
d
Gr
ee
ce
Gi
bra
lta
r
Ge
rm
an
y
Fra
nc
e
Fin
lan
d
De
nm
ark
Be
lgi
um
Au
str
ia
0.00%
Au
stra
lia
1.2.2
ex_monthly
Eurex
Eurex
January 2004
1.3
Eurex Total
1.3.1
Eurex Total Volume in EUR million

Index Products
page 10
Change YoY
2,270,843
3,093,409
3,396,874
4,759,859
5,860,396
7,087,331
7,545,643
36.22%
9.81%
40.12%
23.12%
20.94%
6.47%
299,482
447,499
402,617
558,660
710,773
571,552
376,884
2004 1. Quarter
734,121
25.14%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
586,651
485,513
796,640
511,750
493,492
740,090
538,946
495,143
901,928
701,680
621,256
672,555
734,121
18.56%
-2.84%
26.73%
7.46%
2.70%
-4.99%
-32.01%
-8.79%
24.93%
11.20%
25.26%
23.62%
25.14%
2004 Total
734,121
25.14%
8,000,000
09.02.2004
Equity Products
Change YoY
1997 Total
1998 Total
1999 Total
2000 Total
2001 Total
2002 Total
2003 Total
ex_monthly
Fixed Income Products

Change YoY
49.42%
-10.03%
38.76%
27.23%
-19.59%
-34.06%
9,052,551
20,226,524
31,175,761
31,140,790
44,365,991
48,344,467
63,327,567
48,840
54.71%
5,480,412
31,569
23,571
27,185
28,414
28,917
39,076
35,332
30,119
35,580
34,365
32,554
30,201
48,840
-56.80%
-57.20%
-50.62%
-61.51%
-58.20%
-18.47%
-29.24%
-9.46%
9.49%
10.57%
10.74%
42.06%
54.71%
5,399,726
4,857,754
6,567,898
4,853,068
5,130,126
6,698,802
5,909,626
4,269,903
5,887,624
5,858,368
4,314,295
3,580,378
5,480,412
48,840
54.71%
5,480,412
1.49%
XTF Products
Total
Change YoY
123.43%
54.13%
-0.11%
42.47%
8.97%
30.99%
Change YoY
177
684
11,633,841
23,768,082
34,975,252
36,459,308
50,937,159
56,003,527
71,250,778
1.49%
70
-35.36%
6,263,443
4.08%
26.93%
40.00%
70.54%
47.40%
40.02%
80.63%
35.20%
-8.08%
16.93%
6.40%
17.47%
24.56%
1.49%
109
69
150
138
40
25
24
36
30
17
22
24
70
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
109.44%
-85.85%
-35.36%
6,018,055
5,366,908
7,391,873
5,393,370
5,652,574
7,477,992
6,483,929
4,795,201
6,825,163
6,594,430
4,968,127
4,283,157
6,263,443
24.81%
33.36%
63.00%
40.36%
34.15%
64.88%
24.36%
-8.17%
17.88%
6.91%
18.35%
24.51%
4.08%
70
-35.36%
6,263,443
4.08%
Volume (bars) and Open Interest (lines) in EUR million
104.30%
47.15%
4.24%
39.71%
9.95%
27.23%
1,200,000
7,000,000
1,000,000
6,000,000
Volume
4,000,000
600,000
3,000,000
400,000
2,000,000
200,000
1,000,000
0
0
Jan
Feb
Mar
Apr
May
Jun
Jul
2003
Aug
Sep
Oct
Nov
Dec
Jan
2004
Open Interest
800,000
5,000,000
Eurex
Eurex
January 2004
1.3.2
ex_monthly
09.02.2004
page 11
Eurex Total Traded Contracts

Index Products
Equity Products
Change YoY
1997 Total
1998 Total
1999 Total
2000 Total
2001 Total
2002 Total
2003 Total
44,455,743
45,455,822
65,608,952
75,794,263
131,988,426
210,705,224
264,234,616
Change YoY

Change YoY
26.83%
44.34%
15.52%
74.14%
59.64%
25.40%
42,695,173
60,958,770
64,805,177
89,237,816
132,543,515
143,304,584
188,239,823
42.78%
6.31%
37.70%
48.53%
8.12%
31.36%
64,581,401
141,793,628
248,734,510
289,039,427
409,625,922
447,128,870
562,199,527
XTF Products
Total
Change YoY
Change YoY
119.56%
75.42%
16.20%
41.72%
9.16%
25.74%
62,195
258,346
315.38%
151,983,100
248,222,487
379,148,639
454,071,506
674,157,863
801,200,873
1,014,932,312
63.32%
52.75%
19.76%
48.47%
18.84%
26.68%
2004 1. Quarter
21,289,020
-1.63%
21,235,975
39.81%
48,819,887
1.44%
19,121
-51.73%
91,364,003
7.49%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
21,641,969
19,085,299
32,838,414
19,860,312
18,565,180
25,733,752
18,348,089
16,306,389
29,373,623
22,811,766
19,725,334
19,944,489
21,289,020
78.63%
50.42%
123.23%
75.86%
54.63%
17.20%
-25.36%
-5.13%
16.39%
-0.57%
14.86%
6.02%
-1.63%
15,188,649
11,795,089
14,937,178
15,601,098
14,678,794
18,587,607
17,210,855
15,552,143
17,582,418
17,415,287
15,815,752
13,874,953
21,235,975
11.44%
-1.75%
27.65%
14.54%
14.13%
78.11%
40.19%
76.28%
37.48%
30.35%
26.22%
49.64%
39.81%
48,125,650
42,761,131
58,508,179
43,331,606
44,926,319
58,027,165
51,999,985
37,992,336
52,623,921
52,760,374
38,981,446
32,161,415
48,819,887
21.53%
31.99%
60.91%
39.33%
29.83%
67.21%
28.04%
-10.71%
15.35%
5.01%
16.77%
23.92%
1.44%
39,611
28,141
63,247
55,550
14,679
8,717
8,322
11,888
9,090
5,669
6,710
6,722
19,121
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
133.72%
-88.67%
-51.73%
84,995,879
73,669,660
106,347,018
78,848,566
78,184,972
102,357,241
87,567,251
69,862,756
99,589,052
92,993,096
74,529,242
65,987,579
91,364,003
30.08%
29.04%
69.41%
40.76%
31.47%
52.55%
13.03%
1.90%
19.06%
7.45%
18.13%
21.98%
7.49%
2004 Total
21,289,020
-1.63%
21,235,975
39.81%
48,819,887
1.44%
19,121
-51.73%
91,364,003
7.49%
Traded Contracts (bars) and Open Interest (lines) in Contracts
70,000,000
60,000,000
Traded Contracts
100,000,000
50,000,000
80,000,000
40,000,000
60,000,000
30,000,000
40,000,000
20,000,000
20,000,000
10,000,000
0
Jan
Feb
Mar
Apr
May
Jun
Jul
2003
Aug
Sep
Oct
Nov
Dec
Jan
2004
Open Interest
120,000,000
Eurex
Eurex
January 2004
1.3.3
09.02.2004
page 12
Eurex Total Value of Open Interest in EUR million

####
Index Products
Equity Products
Change YoY
1997
1998
1999
2000
2001
2002
2003
1.3.4
ex_monthly
Change YoY
Total
Total
Total
Total
Total
Total
Total
53,744
67,556
137,814
196,686
282,658
355,803
377,211
25.70%
104.00%
42.72%
43.71%
25.88%
6.02%
30,733
24,295
41,930
58,402
78,102
54,587
56,480
2004 1. Quarter
456,534
15.17%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
396,401
424,668
387,572
419,651
442,239
365,604
396,100
429,392
433,751
464,029
492,942
377,211
456,534
20.85%
13.16%
13.41%
12.09%
8.10%
3.10%
-5.38%
-4.44%
6.02%
1.34%
1.14%
6.02%
15.17%
2004 Total
456,534
15.17%

Change YoY
-20.89%
72.58%
39.28%
33.73%
-30.11%
3.55%
104,712
170,613
266,622
295,793
336,053
314,835
350,948
62.94%
56.27%
10.94%
13.61%
-6.31%
11.47%
72,782
11.87%
65,061
69,562
61,893
66,055
71,618
58,938
69,184
75,960
73,458
80,279
84,498
56,480
72,782
-32.49%
-35.13%
-34.22%
-37.67%
-31.41%
-26.27%
-21.32%
-14.74%
-5.60%
-2.85%
-3.61%
3.55%
11.87%
464,096
469,902
501,486
488,672
465,883
395,483
443,922
433,661
364,275
401,106
422,708
384,435
350,948
464,096
72,782
11.87%
464,096
-1.24%
XTF Products
Total
Change YoY
Change YoY
42
71
0.00%
240,504
262,465
446,366
550,881
696,813
725,224
784,649
38.53%
70.07%
23.41%
26.49%
4.08%
8.19%
-1.24%
28
-71.31%
993,439
6.65%
20.58%
61.01%
58.61%
39.70%
28.81%
39.77%
16.35%
2.98%
4.28%
-1.09%
18.10%
11.47%
-1.24%
96
71
118
226
238
37
37
49
36
37
36
9
28
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
245.23%
-77.57%
-71.31%
931,460
995,787
938,255
951,815
909,577
868,502
898,982
869,677
908,351
967,053
961,911
784,649
993,439
14.42%
25.42%
26.12%
16.95%
10.85%
15.47%
2.24%
-2.52%
4.22%
-0.08%
6.81%
8.19%
6.65%
28
-71.31%
993,439
6.65%
Eurex Total Open Interest

Index Products
Equity Products
Change YoY
1997
1998
1999
2000
2001
2002
2003
Change YoY

Change YoY
Total
Total
Total
Total
Total
Total
Total
1,916,582
1,777,293
3,327,406
4,296,448
8,478,306
13,595,766
14,768,479
24.14%
87.22%
29.12%
97.33%
60.36%
8.63%
3,187,776
4,547,852
7,694,031
10,681,036
17,201,593
22,096,244
27,691,362
43.64%
69.18%
38.82%
61.05%
28.45%
25.40%
609,701
804,853
1,764,368
2,562,555
2,961,548
2,724,330
2,992,136
32.01%
119.22%
45.24%
15.57%
-8.01%
9.83%
2004 1. Quarter
17,396,663
10.67%
34,906,398
24.96%
4,027,486
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
15,718,959
17,223,667
16,168,159
17,129,622
18,160,658
15,201,686
16,387,452
17,693,389
17,809,963
18,878,863
19,972,051
14,768,479
17,396,663
57.04%
48.51%
57.60%
52.34%
45.93%
32.52%
14.12%
12.93%
18.77%
11.18%
10.19%
8.63%
10.67%
27,933,581
30,372,305
28,384,219
31,583,215
34,390,410
28,992,873
34,069,489
37,513,533
35,875,625
39,632,270
41,515,311
27,691,362
34,906,398
32.32%
27.64%
38.59%
40.74%
50.85%
59.68%
64.33%
67.16%
30.18%
30.02%
24.78%
25.40%
24.96%
2004 Total
17,396,663
10.67%
34,906,398
24.96%
XTF Products
Total
Change YoY
Change YoY
13,634
28,726
-77.65%
5,720,552
7,129,998
12,785,805
17,540,039
28,641,447
38,416,340
45,454,996
36.75%
79.32%
37.18%
63.29%
34.13%
18.32%
-2.36%
7,994
-77.65%
56,338,541
17.83%
4,124,811
4,371,614
4,288,980
4,082,838
3,356,596
3,768,915
3,716,101
3,023,066
3,422,627
3,667,315
3,323,921
2,992,136
4,027,486
19.39%
59.85%
55.44%
37.14%
22.69%
33.16%
12.57%
-2.07%
2.39%
-2.33%
17.87%
9.83%
-2.36%
35,764
28,726
49,656
87,869
91,111
12,860
12,397
16,736
11,731
12,301
11,787
3,019
7,994
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
311.41%
-77.86%
-77.65%
47,813,115
51,996,312
48,891,014
52,883,544
55,998,775
47,976,334
54,185,439
58,246,724
57,119,946
62,190,749
64,823,070
45,454,996
56,338,541
38.29%
36.37%
45.95%
44.24%
47.45%
47.81%
41.13%
41.39%
24.45%
21.42%
19.56%
18.32%
17.83%
4,027,486
-2.36%
7,994
-77.65%
56,338,541
17.83%
Eurex
Eurex
January 2004
1.3.5
ex_monthly
09.02.2004
page 13
Eurex Total Paid Premiums, Market Share per Account Group and Trades
Trades
1997
1998
1999
2000
2001
2002
2003
Market Share per Account Group

Agent
Principal Market Maker
Paid Premiums in EUR

Calls
Puts
Total
Change YoY
Total
Total
Total
Total
Total
Total
Total
6,270,766
10,481,417
17,329,128
20,415,123
30,736,158
44,589,428
56,208,089
35.66%
41.56%
44.55%
42.06%
47.05%
45.01%
46.42%
24.90%
22.56%
22.39%
25.45%
25.57%
22.45%
21.51%
39.44%
35.87%
33.06%
32.49%
27.37%
32.54%
32.07%
19,818,803,670
26,436,879,060
27,871,080,199
43,601,361,853
52,574,214,398
61,816,915,990
63,263,544,042
11,864,999,670
21,829,972,259
22,489,503,139
42,765,677,518
90,604,845,968
95,777,325,652
62,712,916,385
31,680,730,537
48,261,217,070
50,349,387,211
86,360,107,069
143,176,376,566
157,594,241,642
125,976,460,427
52.34%
4.33%
71.52%
65.79%
10.07%
-20.06%
2004 1. Quarter
4,473,739
46.12%
22.02%
31.86%
7,156,258,966
5,206,016,176
12,362,275,142
-16.30%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
5,081,657
4,470,392
5,750,394
4,680,222
4,512,753
5,102,621
5,009,744
3,950,611
5,028,252
5,216,846
4,144,313
3,260,284
4,473,739
45.17%
46.66%
49.06%
47.18%
47.03%
47.07%
44.68%
43.58%
47.45%
47.05%
45.25%
45.13%
46.12%
22.90%
22.38%
20.63%
21.42%
21.70%
20.91%
23.22%
21.43%
19.48%
21.89%
22.06%
20.65%
22.02%
31.93%
30.96%
30.31%
31.40%
31.26%
32.02%
32.10%
34.99%
33.07%
31.06%
32.69%
34.22%
31.86%
5,786,869,485
4,379,819,127
6,098,260,104
5,649,512,994
4,581,731,255
7,610,675,831
4,406,490,549
4,322,056,505
5,811,221,302
5,627,192,567
4,995,600,104
3,994,114,219
7,156,258,966
8,982,567,862
7,474,465,366
7,883,810,527
4,868,916,939
4,950,270,029
4,701,691,171
3,943,573,710
3,825,188,473
5,541,096,384
4,108,839,924
3,702,707,093
2,729,788,905
5,206,016,176
14,769,437,347
11,854,284,493
13,982,070,631
10,518,429,934
9,532,001,284
12,312,367,002
8,350,064,259
8,147,244,978
11,352,317,686
9,736,032,491
8,698,307,197
6,723,903,124
12,362,275,142
-6.96%
26.98%
60.84%
-31.46%
-47.58%
5.33%
-50.35%
-27.10%
-16.34%
-41.07%
-26.56%
-21.31%
-16.30%
2004 Total
4,473,739
46.12%
22.02%
31.86%
7,156,258,966
5,206,016,176
12,362,275,142
-16.30%
Eurex
Eurex
January 2004
1.4
Eurex Summary
1.4.1
Volume in EUR and Traded Contracts

Traded Contracts
Jan-04
ex_monthly
09.02.2004
page 14
Volume in EUR millions

Jan-04
Dec-03
Dec-03
Jan-03
Y-T-D
Chg YoY
Jan-03
Y-T-D
Chg YoY
6,997,540
104
25,648
84
0
3,051,647
2,888
100
308,523
450
10,386,984
4,173,179
595
57,335
2
0
2,509,078
1,638
575
214,965
1,510
6,958,877
5,730,380
7,325
197,686
2,500
0
3,521,433
1,072
381,733
0
9,842,129
6,997,540
104
25,648
84
0
3,051,647
2,888
100
308,523
450
10,386,984
22.11%
-98.58%
-87.03%
-96.64%
-13.34%
-90.67%
-19.18%
5.54%
195,391
3
328
1
0
60,102
19
0
10,836
7
266,686
108,156
15
741
0
0
46,842
10
0
7,201
24
162,997
137,415
195
2,327
36
0
51,754
0
11,501
0
203,965
195,391
3
328
1
0
60,102
19
0
10,836
7
266,686
42.19%
-98.58%
-85.91%
-96.21%
16.13%
-87.13%
-5.78%
30.75%
DJ Euro STOXX 50
DJ STOXX 50
DJ Euro STOXX Sector Indexes
DJ STOXX 600 Sector Indexes
Dow Jones Global Titans 50
DAX
TecDAX
NEMAX 50
SMI
HEX25
Index Futures
8,191,117
39,884
45,332
5,838
0
2,079,360
18,636
3,169
517,628
1,072
10,902,036
9,402,025
132,163
217,593
17,915
1,730
2,286,961
49,887
53,902
815,548
7,888
12,985,612
8,831,456
49,611
97,708
2,136
2
2,113,291
118,296
586,970
370
11,799,840
8,191,117
39,884
45,332
5,838
0
2,079,360
18,636
3,169
517,628
1,072
10,902,036
-7.25%
-19.61%
-53.60%
173.31%
-100.00%
-1.61%
-97.32%
-11.81%
189.73%
-7.61%
233,795
1,082
589
80
0
213,043
112
2
18,716
17
467,435
253,563
3,434
2,745
249
34
220,937
268
30
28,148
121
509,558
208,099
1,165
1,105
29
0
153,748
45
17,376
5
382,686
233,795
1,082
589
80
0
213,043
112
2
18,716
17
467,435
12.35%
-7.13%
-46.73%
175.42%
-100.00%
38.57%
-95.49%
7.71%
249.15%
22.15%
All Index Products
21,289,020
19,944,489
21,641,969
21,289,020
-1.63%
734,121
672,555
586,651
734,121
25.14%
Options Exchange Traded Funds

Futures on Exchange Traded Funds
3,478
15,643
4,526
2,196
3,142
36,469
3,478
15,643
10.69%
-57.11%
13
57
16
8
9
99
13
57
33.95%
-41.99%
All XTF Products
19,121
6,722
39,611
19,121
-51.73%
70
24
109
70
-35.36%
German Equities
SMI Components
French Equities
Dutch Equities
Italian Equities
Nordic Equities
U.S. Equities
13,912,492
4,805,860
312,700
872,576
6,791
1,323,343
2,213
9,477,837
2,981,560
163,435
392,066
15,328
842,818
1,909
9,206,213
3,942,227
59,744
517,537
9,999
1,449,917
3,012
13,912,492
4,805,860
312,700
872,576
6,791
1,323,343
2,213
51.12%
21.91%
423.40%
68.60%
-32.08%
-8.73%
-26.53%
32,859
10,666
1,278
1,908
15
2,108
6
20,630
6,817
725
740
44
1,241
5
19,832
8,042
258
994
40
2,395
8
32,859
10,666
1,278
1,908
15
2,108
6
65.69%
32.62%
396.11%
91.88%
-62.41%
-12.00%
-19.01%
All Equity Products
21,235,975
13,874,953
15,188,649
21,235,975
39.81%
48,840
30,201
31,569
48,840
54.71%
0
48,118
0
0
11,200,325
12,932,673
20,538,867
0
10,547
44,730,530
0
49,238
0
0
7,202,705
9,227,155
13,434,122
0
32,892
29,946,112
0
38,391
0
161
9,262,553
12,244,884
22,301,183
0
11,853
43,859,025
0
48,118
0
0
11,200,325
12,932,673
20,538,867
0
10,547
44,730,530
25.34%
-100.00%
20.92%
5.62%
-7.90%
-11.02%
1.99%
0
47,120
0
0
1,188,306
1,441,044
2,345,982
0
865
5,023,317
0
48,157
0
0
760,064
1,014,973
1,510,197
0
2,680
3,336,073
0
37,384
0
39
979,651
1,364,350
2,542,580
0
990
4,925,058
0
47,120
0
0
1,188,306
1,441,044
2,345,982
0
865
5,023,317
26.04%
-100.00%
21.30%
5.62%
-7.73%
-12.64%
2.00%
819,957
720,307
2,549,093
4,089,357
465,879
560,764
1,188,660
2,215,303
1,187,716
458,637
2,620,272
4,266,625
819,957
720,307
2,549,093
4,089,357
-30.96%
57.05%
-2.72%
-4.15%
86,969
79,990
290,135
457,094
49,127
61,594
133,584
244,305
125,809
50,933
297,926
474,668
86,969
79,990
290,135
457,094
-30.87%
57.05%
-2.62%
-3.70%
All Fixed Income Products
48,819,887
32,161,415
48,125,650
48,819,887
1.44%
5,480,412
3,580,378
5,399,726
5,480,412
1.49%
All Eurex Products
91,364,003
65,987,579
84,995,879
91,364,003
7.49%
6,263,443
4,283,157
6,018,055
6,263,443
4.08%
Index Products
Index Options
DJ Euro STOXX 50 Option

DJ STOXX 50 Option
DAX Option
TecDAX Option
NEMAX 50 Option
SMI Option
HEX25 Option
Index Options
Index Futures
XTF Products
Equity Products
Equity Options

Fixed Income Futures
One-Month-Euribor Future
Three-Month-Euribor Future
Opt. on Three-Month-Euribor Fut.
One-Month-EONIA Future
Euro-Schatz Future
Euro-Bobl Future
Euro-Bund Future
Euro-Buxl Future
CONF Future
All Fixed Income Futures
Options on Fixed Income Futures

Opt. on Euro-Schatz Future
Opt. on Euro-Bobl Future
Opt. on Euro-Bund Future
All Opt. on Fixed Income Fut.
Eurex
Eurex
January 2004
ex_monthly
09.02.2004
page 15
Eurex Summary
1.4.2
Open Interest, Value of Open Interest and Paid Premiums

Open Interest in Contracts
Jan-04
Jan-03
Index Products
Index Options
DJ Euro STOXX 50
DJ STOXX 50
DAX
TecDAX Option
NEMAX 50
SMI
HEX25
Index Options
Chg YoY
Open Interest in EUR millions

Jan-04
Jan-03
Chg YoY
Paid Premiums in EUR millions

Jan-04
Dec-03
Jan-03
Y-T-D
Chg YoY
11,083,045
4,833
163,166
8,049
0
3,733,247
9,009
2,683
460,478
75
15,464,585
7,946,184
16,004
546,971
18,465
40
4,245,263
77,801
575,652
0
13,426,380
39.48%
-69.80%
-70.17%
-56.41%
-100.00%
-12.06%
-96.55%
-20.01%
15.18%
297,423
119
1,836
121
0
66,277
53
2
15,030
1
380,863
226,456
428
7,075
344
1
80,922
74
19,115
0
335,642
31.34%
-72.10%
-74.06%
-64.88%
-100.00%
-18.10%
-96.71%
-21.37%
13.47%
7,180
0
12
0
0
1,592
1
0
253
0
9,038
3,710
1
13
0
0
1,440
1
0
149
0
5,314
8,317
19
157
1
0
2,901
0
419
0
11,841
7,180
0
12
0
0
1,592
1
0
253
0
9,038
-13.66%
-99.56%
-92.41%
-96.41%
-45.13%
-88.15%
-39.78%
-23.67%
1,317,246
37,824
80,520
12,127
415
302,372
21,525
25,475
131,997
2,577
1,932,078
1,521,497
48,170
106,222
10,933
28
278,119
162,543
162,159
2,908
2,292,579
-13.42%
-21.48%
-24.20%
10.92%
1382.14%
8.72%
-84.33%
-18.60%
-11.38%
-15.72%
37,530
1,020
1,067
172
8
30,843
133
17
4,840
41
75,670
34,274
1,083
1,119
142
1
19,190
59
4,563
35
60,759
9.50%
-5.81%
-4.69%
20.60%
1539.56%
60.72%
-71.97%
6.08%
16.89%
24.54%
17,396,663
15,718,959
10.67%
456,534
396,401
15.17%
9,038
5,314
11,841
9,038
-23.67%
Options Exchange Traded Funds

4,551
3,443
6,598
29,166
-31.02%
-88.20%
15
12
22
74
-31.59%
-83.27%
1
-
1
-
0
-
1
-
78.08%
-
All XTF Products
7,994
35,764
-77.65%
28
96
-71.31%
78.08%
German Equities
SMI Components
French Equities
Dutch Equities
Italian Equities
Nordic Equities
U.S. Equities
21,440,652
8,986,641
401,971
1,646,432
16,130
2,409,589
4,983
15,658,418
8,020,636
54,904
915,892
10,856
3,269,500
3,375
36.93%
12.04%
632.13%
79.76%
48.58%
-26.30%
47.64%
45,187
19,099
1,533
3,019
32
3,897
15
38,063
18,680
240
1,921
44
6,104
9
18.72%
2.24%
539.75%
57.17%
-27.17%
-36.16%
65.23%
2,580
454
67
108
0
113
0
1,015
247
45
36
3
62
0
2,141
454
15
98
2
217
0
2,580
454
67
108
0
113
0
20.50%
0.02%
351.86%
10.30%
-85.97%
-47.85%
-14.67%
All Equity Options
34,906,398
27,933,581
24.96%
72,782
65,061
11.87%
3,323
1,409
2,928
3,323
13.49%
0
21,680
0
0
689,416
757,593
996,159
0
9,173
2,474,021
0
17,416
0
97
680,974
631,615
824,032
0
10,266
2,164,400
24.48%
-100.00%
1.24%
19.95%
20.89%
-10.65%
14.31%
0
21,164
0
0
73,055
84,232
113,385
0
752
292,588
0
16,955
0
24
72,100
70,662
94,661
0
859
255,316
24.82%
-100.00%
1.32%
19.20%
19.78%
-12.47%
14.60%
468,774
326,350
758,341
1,553,465
842,203
330,841
787,367
1,960,411
-44.34%
-1.36%
-3.69%
-20.76%
49,683
36,047
85,778
171,508
89,211
36,313
89,062
214,586
-44.31%
-0.73%
-3.69%
-20.07%
Index Futures
DJ Euro STOXX 50
DJ STOXX 50
DJ (Euro) STOXX Sector Indexes
DAX
TecDAX
NEMAX 50
SMI
HEX25
Index Futures
All Index Products
XTF Products
Equity Products
Equity Options
Capital Market Products

Capital Market Futures
One-Month-Euribor Future
Three-Month-Euribor Future
Opt. on Three-Month-Euribor Fut.
One-Month-EONIA Future
Euro-Schatz Future
Euro-Bobl Future
Euro-Bund Future
Euro-Buxl Future
CONF Future
Capital Market Futures
Options on Capital Market Futures

Opt. on Euro-Schatz Future
Opt. on Euro-Bobl Future
Opt. on Euro-Bund Future
Opt. on Capital Market Fut.
All Capital Market Products
All Eurex Products
4,027,486
4,124,811
-2.36%
464,096
469,902
-1.24%
56,338,541
47,813,115
17.83%
993,439
931,460
6.65%
12,362
6,724
14,769
12,362
-16.30%
Eurex
Eurex
January 2004
Eurex - Index Products
2.1
Dow Jones Euro-STOXX 50 Options
2.1.1
Traded Contracts
Trades
1998
1999
2000
2001
2002
2003
OTC-Trades
in Contracts
Traded Contracts
Calls
ex_monthly
09.02.2004
page 16
Puts
Total
Change YoY
2983.94%
116.21%
132.34%
107.26%
56.53%
Volume in EUR million

Calls
Puts
Total
Change YoY
2,603
73,619
227,981
429,930
642,266
776,018
1,212
71,130
189,588
331,264
509,650
704,063
3,815
144,750
417,568
761,194
1,151,916
1,480,081
3694.11%
188.48%
82.29%
51.33%
28.49%
Total
Total
Total
Total
Total
Total
1,266
37,703
68,424
166,142
213,200
305,054
0
0
220,730
2,880,011
15,811,446
37,797,180
81,907
1,797,774
4,137,487
9,987,750
20,194,338
29,841,967
41,044
1,993,964
4,060,512
9,059,143
19,283,092
31,952,706
122,951
3,791,738
8,197,999
19,046,893
39,477,430
61,794,673
2004 1. Quarter
22,227
4,562,578
3,100,185
3,897,355
6,997,540
22.11%
96,286
99,105
195,391
42.19%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
26,796
22,075
33,646
23,133
22,569
26,780
24,598
23,381
38,309
22,971
22,150
18,646
22,227
3,583,014
3,003,719
3,722,065
2,743,084
2,496,842
3,039,294
2,599,314
2,916,439
4,428,507
3,689,549
3,183,918
2,391,435
4,562,578
2,730,504
2,454,309
3,397,150
2,664,870
2,073,512
2,479,465
1,973,773
1,929,284
2,915,123
3,064,262
2,322,605
1,837,110
3,100,185
2,999,876
2,418,427
2,842,141
2,102,182
2,266,214
2,481,410
2,248,328
2,503,444
3,923,547
2,882,353
2,948,715
2,336,069
3,897,355
5,730,380
4,872,736
6,239,291
4,767,052
4,339,726
4,960,875
4,222,101
4,432,728
6,838,670
5,946,615
5,271,320
4,173,179
6,997,540
160.66%
143.17%
266.68%
167.20%
85.28%
66.51%
-14.58%
26.15%
51.70%
9.53%
15.81%
18.48%
22.11%
72,811
61,308
78,807
66,763
52,049
62,499
51,902
52,348
79,403
81,953
64,493
51,681
96,286
64,605
49,500
54,943
43,300
47,295
53,748
49,948
56,924
91,028
66,911
69,387
56,474
99,105
137,415
110,808
133,750
110,063
99,344
116,248
101,850
109,272
170,431
148,864
133,880
108,156
195,391
70.24%
51.35%
107.49%
69.74%
20.42%
23.76%
-28.82%
12.65%
48.92%
10.53%
15.93%
23.53%
42.19%
2004 Total
22,227
4,562,578
3,100,185
3,897,355
6,997,540
22.11%
96,286
99,105
195,391
42.19%
250,000
Volume (columns) and Open Interest (lines) in EUR million
350,000
300,000
200,000
Open Interest
250,000
200,000
100,000
150,000
Volume
150,000
100,000
50,000
50,000
0
Jan
Feb
Mar
Apr
May
Jun
Jul
2003
Aug
Sep
Oct
Nov
Dec
Jan
2004
Eurex
Eurex
January 2004
ex_monthly
09.02.2004
page 17
Dow Jones Euro STOXX 50 Options

2.1.2
Open Interest and Market Share per Account Group

Agent
2.1.3

Calls
Puts
Open Interest in EUR million

Calls
Puts
Total
Change YoY
1761.54%
33.97%
160.70%
121.14%
29.38%
1,171
18,881
38,796
74,324
124,863
136,773
Total
Change YoY
355
17,777
24,078
50,873
83,219
103,942
1,526
36,657
62,874
125,197
208,082
240,715
2302.75%
71.52%
99.12%
66.20%
15.68%
1998 Total
1999 Total
2000 Total
2001 Total
2002 Total
2003 Total
44.64%
55.58%
56.36%
60.09%
53.78%
37.52%
10.59%
4.74%
8.54%
7.95%
3.68%
3.11%
44.78%
39.68%
35.10%
31.96%
42.54%
59.37%
37,162
431,639
698,725
1,740,363
3,820,910
4,675,565
12,385
490,696
536,892
1,480,868
3,302,545
4,540,557
49,547
922,335
1,235,617
3,221,231
7,123,455
9,216,122
2004 1. Quarter
38.29%
1.71%
60.00%
5,553,275
5,529,770
11,083,045
39.48%
167,239
130,184
297,423
31.34%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
45.86%
45.92%
42.03%
39.75%
40.38%
35.99%
33.84%
33.33%
33.93%
32.00%
33.44%
32.88%
38.29%
2.19%
2.78%
4.68%
3.05%
2.48%
3.79%
2.10%
3.31%
1.67%
2.02%
4.92%
4.73%
1.71%
51.95%
51.31%
53.30%
57.20%
57.14%
60.21%
64.05%
63.36%
64.39%
65.98%
61.64%
62.39%
60.00%
4,286,305
4,722,278
4,639,057
4,973,530
5,295,566
4,733,595
4,898,919
5,141,778
5,317,054
5,712,785
5,873,237
4,675,565
5,553,275
3,659,879
3,979,802
3,885,991
4,209,142
4,538,204
4,164,887
4,567,192
5,056,792
5,262,865
5,398,985
5,719,258
4,540,557
5,529,770
7,946,184
8,702,080
8,525,048
9,182,672
9,833,770
8,898,482
9,466,111
10,198,570
10,579,919
11,111,770
11,592,495
9,216,122
11,083,045
113.77%
113.59%
127.48%
122.10%
106.85%
96.57%
58.11%
49.83%
51.26%
36.50%
32.18%
29.38%
39.48%
136,276
146,841
139,329
149,236
157,114
137,423
142,052
149,300
155,479
166,334
171,262
136,773
167,239
90,180
95,885
89,984
96,768
103,358
92,230
101,182
112,671
119,464
122,459
130,014
103,942
130,184
226,456
242,726
229,313
246,004
260,472
229,653
243,234
261,972
274,943
288,793
301,276
240,715
297,423
57.78%
54.63%
57.31%
54.29%
44.00%
40.38%
19.80%
16.63%
24.48%
15.92%
13.47%
15.68%
31.34%
2004 Total
38.29%
1.71%
60.00%
5,553,275
5,529,770
11,083,045
39.48%
167,239
130,184
297,423
31.34%
Paid Premiums
Paid Premiums - Contract in EUR
Calls
Puts
1998
1999
2000
2001
2002
2003
Total

Calls
Puts
Total
Change YoY
Total
Total
Total
Total
Total
Total
2,433
1,871
1,883
1,603
1,472
1,191
1,582
1,255
1,437
1,449
1,408
1,100
2,149
1,547
1,662
1,530
1,441
1,144
199,307,567
3,364,520,318
7,789,999,059
16,008,917,644
29,735,270,114
35,544,182,758
64,944,596
2,502,692,062
5,833,698,337
13,129,254,989
27,155,707,845
35,144,063,683
264,252,153
5,867,212,380
13,623,697,396
29,138,172,633
56,890,977,959
70,688,246,441
2120.31%
132.20%
113.88%
95.25%
24.25%
2004 1. Quarter
1,192
894
1,026
3,695,644,622
3,484,812,391
7,180,457,013
-13.66%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
1,273
1,122
1,166
1,239
1,146
1,595
1,085
1,171
1,148
1,070
1,153
1,098
1,192
1,614
1,698
1,567
1,191
1,062
1,112
937
929
869
810
748
725
894
1,451
1,408
1,349
1,217
1,102
1,353
1,006
1,034
988
944
927
889
1,026
3,474,805,531
2,754,023,400
3,961,983,921
3,300,831,614
2,376,420,909
3,953,635,490
2,142,118,580
2,258,283,610
3,347,886,457
3,279,203,133
2,678,270,198
2,016,719,915
3,695,644,622
4,842,086,839
4,106,223,468
4,452,766,240
2,502,763,309
2,407,002,976
2,760,003,294
2,105,700,308
2,324,964,230
3,408,489,327
2,333,895,745
2,206,833,277
1,693,334,670
3,484,812,391
8,316,892,370
6,860,246,868
8,414,750,161
5,803,594,923
4,783,423,885
6,713,638,784
4,247,818,888
4,583,247,840
6,756,375,784
5,613,098,878
4,885,103,475
3,710,054,585
7,180,457,013
173.25%
142.38%
232.61%
146.09%
37.52%
75.12%
-43.28%
-11.40%
-0.05%
-35.96%
-21.91%
-15.16%
-13.66%
2004 Total
1,192
894
1,026
3,695,644,622
3,484,812,391
7,180,457,013
-13.66%
Eurex
Eurex
January 2004
2.2
Dow Jones Euro STOXX 50 Futures
2.2.1
Traded Contracts
Trades
1998
1999
2000
2001
2002
2003
Total
Total
Total
Total
Total
Total
2004 1. Quarter
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
2004 Total
ex_monthly
09.02.2004
page 18
OTC-Trades
in Contracts
Traded Contracts
Calls
Puts
Traded Contracts
Total
Change YoY

Total
18,834
340,799
2,213,643
7,213,111
13,690,887
14,240,248
0
0
0
0
3,571,004
13,326,683
0
0
0
0
0
0
0
0
0
0
0
0
366,435
5,341,864
14,315,518
37,828,500
86,354,731
116,035,326
1357.79%
167.99%
164.25%
128.28%
34.37%
11,231
208,872
729,342
1,452,948
2,482,723
2,787,848
1759.78%
249.18%
99.21%
70.87%
12.29%
Change YoY
858,382
1,202,460
8,191,117
-7.25%
233,795
12.35%
1,503,248
1,331,248
1,797,400
1,388,492
1,287,520
1,271,595
1,093,902
806,813
1,098,849
1,098,206
885,703
677,272
858,382
812,637
667,809
755,108
585,181
597,153
729,374
675,460
764,373
3,151,555
966,092
848,836
2,773,105
1,202,460
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,831,456
8,099,894
16,490,153
8,373,235
7,758,279
12,451,143
7,751,236
6,412,161
13,500,846
9,309,030
7,655,868
9,402,025
8,191,117
127.31%
103.16%
195.62%
129.63%
95.16%
27.28%
-26.26%
-11.94%
8.25%
-5.25%
17.86%
5.46%
-7.25%
208,099
175,382
345,780
187,546
177,845
306,043
190,659
162,028
344,667
235,490
200,745
253,563
233,795
44.93%
24.16%
65.86%
42.09%
28.38%
0.16%
-34.41%
-17.26%
13.83%
-0.31%
20.84%
14.40%
12.35%
858,382
1,202,460
8,191,117
-7.25%
233,795
12.35%
400,000
45,000
40,000
350,000
35,000
Open Interest
300,000
30,000
Volume
250,000
25,000
200,000
20,000
150,000
15,000
100,000
10,000
50,000
5,000
0
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003
2.2.2
Jan
2004

Agent
1998
1999
2000
2001
2002
2003

Total
Change YoY

Total
Change YoY
Total
Total
Total
Total
Total
Total
73.64%
70.85%
50.47%
49.35%
50.24%
46.91%
7.53%
14.32%
27.71%
24.52%
19.42%
19.42%
18.83%
14.83%
21.82%
26.14%
30.34%
33.67%
59,626
302,933
470,624
820,256
1,120,754
1,290,355
408.06%
55.36%
74.29%
36.63%
15.13%
2,022
15,020
22,647
31,422
26,830
35,576
642.65%
50.78%
38.75%
-14.62%
32.60%
2004 1. Quarter
39.05%
28.47%
32.48%
1,317,246
-13.42%
37,530
9.50%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
47.05%
47.44%
48.98%
45.92%
45.16%
51.22%
43.71%
42.08%
48.59%
40.58%
41.82%
53.28%
39.05%
18.20%
18.88%
14.73%
19.07%
20.35%
15.65%
22.28%
22.94%
18.37%
25.40%
25.21%
19.89%
28.47%
34.75%
33.68%
36.29%
35.01%
34.49%
33.13%
34.01%
34.97%
33.04%
34.02%
32.97%
26.84%
32.48%
1,521,497
1,644,866
1,540,983
1,528,717
1,582,949
1,236,673
1,294,297
1,402,239
1,411,021
1,482,692
1,593,400
1,290,355
1,317,246
78.03%
60.07%
96.19%
73.92%
57.93%
25.35%
-5.95%
10.02%
10.69%
17.27%
19.71%
15.13%
-13.42%
34,274
35,013
31,017
35,038
36,912
30,018
32,545
35,968
33,936
38,329
42,039
35,576
37,530
9.07%
-6.29%
5.87%
11.91%
7.60%
-3.66%
-11.87%
3.53%
19.08%
20.37%
19.69%
32.60%
9.50%
2004 Total
39.05%
28.47%
32.48%
1,317,246
-13.42%
37,530
9.50%
Eurex
Eurex
January 2004
2.3
Dow Jones STOXX 50 Options
2.3.1
Traded Contracts
Trades
1998
1999
2000
2001
2002
2003
Total
Total
Total
Total
Total
Total
1,916
2,354
1,697
1,210
472
879
2004 1. Quarter
2.3.2
OTC-Trades
in Contracts
Traded Contracts
Calls
0
0
0
0
9,770
20,225
34,021
30,432
24,957
21,870
15,579
17,313
09.02.2004
page 19
Puts
Total
Change YoY
39,758
49,822
36,573
22,530
24,015
38,104
73,779
80,254
61,530
44,400
39,594
55,417
8.78%
-23.33%
-27.84%
-10.82%
39.96%

Calls
1,088
1,154
1,262
889
497
480
Puts
Total
1,205
1,800
1,557
831
686
855
2,293
2,954
2,820
1,720
1,184
1,335
Change YoY
28.83%
-4.54%
-39.01%
-31.17%
12.77%
64
40
104
-98.58%
-98.58%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
109
132
123
31
58
44
122
141
56
8
32
23
6
2,040
0
4,842
1,000
0
8,258
0
0
2,585
1,500
0
0
0
2,626
2,358
5,213
114
185
4,008
850
0
1,699
48
20
192
64
4,699
2,914
8,655
2,502
1,965
7,565
761
4,402
2,181
1,515
542
403
40
7,325
5,272
13,868
2,616
2,150
11,573
1,611
4,402
3,880
1,563
562
595
104
180.33%
36.09%
1399.24%
3014.29%
168.41%
303.52%
17.16%
81.30%
-23.38%
18.41%
-94.27%
-92.95%
-98.58%
76
72
145
2
4
104
25
0
45
1
1
5
2
119
65
189
59
38
155
18
106
49
35
13
10
1
195
137
334
61
42
259
43
106
93
36
13
15
3
107.23%
0.95%
876.14%
1923.88%
50.31%
180.33%
12.84%
49.90%
-26.88%
-1.49%
-94.48%
-94.75%
-98.58%
2004 Total
64
40
104
-98.58%
-98.58%

Agent
2.3.3
ex_monthly

Calls
Puts
Total
Change YoY

Calls
Puts
Total
Change YoY
1998 Total
1999 Total
2000 Total
2001 Total
2002 Total
2003 Total
8.76%
15.88%
24.80%
28.73%
56.08%
45.62%
3.07%
1.70%
11.98%
21.67%
5.51%
10.14%
88.18%
82.43%
63.23%
49.60%
38.41%
44.24%
6,225
3,508
4,645
6,079
7,383
846
6,036
9,209
4,037
4,522
7,285
3,953
12,261
12,717
8,682
10,601
14,668
4,799
3.72%
-31.73%
22.10%
38.36%
-67.28%
202
145
236
253
232
24
177
345
191
158
155
95
379
490
426
410
388
119
29.35%
-13.00%
-3.78%
-5.44%
-69.43%
2004 1. Quarter
50.00%
0.00%
50.00%
842
3,991
4,833
-69.80%
24
96
119
-72.10%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
44.48%
26.30%
50.42%
41.44%
31.86%
48.34%
40.04%
66.58%
38.42%
50.00%
41.99%
32.35%
50.00%
3.95%
0.00%
7.68%
17.39%
0.00%
22.36%
2.48%
7.80%
0.00%
47.98%
0.00%
15.13%
0.00%
51.56%
73.70%
41.90%
41.17%
68.14%
29.30%
57.48%
25.61%
61.58%
2.02%
58.01%
52.52%
50.00%
8,678
7,960
9,007
8,987
8,927
9,213
9,293
9,243
8,157
8,171
8,171
846
842
7,326
9,718
11,693
12,151
12,322
12,455
12,655
14,430
13,212
11,710
11,672
3,953
3,991
16,004
17,678
20,700
21,138
21,249
21,668
21,948
23,673
21,369
19,881
19,843
4,799
4,833
50.13%
68.03%
397.24%
446.91%
363.85%
504.58%
421.58%
421.78%
148.51%
137.73%
141.08%
-67.28%
-69.80%
268
242
263
262
261
275
277
275
247
248
248
24
24
160
214
249
261
266
271
276
319
295
260
259
95
96
428
456
512
523
527
546
553
594
542
508
507
119
119
3.72%
11.71%
196.03%
221.87%
180.61%
354.05%
305.98%
323.87%
127.87%
119.04%
122.27%
-69.43%
-72.10%
2004 Total
50.00%
0.00%
50.00%
842
3,991
4,833
-69.80%
24
96
119
-72.10%
Paid Premiums
Calls
Puts
1998
1999
2000
2001
2002
2003
Total
Total
Total
Total
Total
Total
2004 1. Quarter
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
2004 Total
Total

Calls
Puts
Total
Change YoY
1,301
1,451
1,726
1,482
849
461
1,076
1,382
1,494
1,750
1,300
1,699
1,180
1,408
1,588
1,618
1,123
1,312
44,266,706
44,154,965
43,081,752
32,405,953
13,226,485
7,973,051
42,782,544
68,829,597
54,629,627
39,436,738
31,227,130
64,732,823
87,049,240
112,984,562
97,711,379
71,842,691
44,453,615
72,705,874
29.79%
-13.52%
-26.47%
-38.12%
63.55%
667
1,031
807
42,700
41,230
83,930
-99.56%
1,053
293
344
1,789
597
317
136
408
214
493
1,608
667
3,487
2,308
2,189
2,611
711
571
1,548
1,650
427
321
182
1,174
1,031
2,614
1,407
1,495
2,575
702
483
803
1,650
419
318
193
1,314
807
2,764,527
691,594
1,793,150
203,940
110,400
1,271,762
115,548
0
693,204
10,276
9,860
308,790
42,700
16,383,140
6,726,963
18,942,270
6,531,690
1,397,845
4,320,899
1,178,359
7,262,935
930,827
486,450
98,492
472,953
41,230
19,147,667
7,418,557
20,735,420
6,735,630
1,508,245
5,592,661
1,293,907
7,262,935
1,624,031
496,726
108,352
781,743
83,930
238.97%
148.80%
3276.00%
4979.39%
7.37%
50.34%
-62.66%
27.99%
-74.36%
-33.47%
-98.56%
-87.39%
-99.56%
667
1,031
807
42,700
41,230
83,930
-99.56%
Eurex
Eurex
January 2004
2.4
Dow Jones STOXX 50 Futures
2.4.1
Traded Contracts
Trades
09.02.2004
page 20
Traded Contracts

Total
Change YoY
Total
Change YoY
5,933
19,087
31,305
41,815
53,854
120,045
94,771
326,136
355,801
452,830
690,719
970,107
244.13%
9.10%
27.27%
52.53%
40.45%
2,930
12,482
17,465
16,774
19,785
23,182
326.07%
39.92%
-3.95%
17.94%
17.17%
6,991
39,884
-19.61%
1,082
-7.13%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
7,141
8,001
21,414
11,980
11,959
11,200
8,498
6,625
9,200
8,834
6,789
8,404
6,991
49,611
53,857
191,938
57,459
56,824
130,706
44,701
37,053
131,224
51,891
32,680
132,163
39,884
90.72%
105.09%
181.34%
160.75%
181.64%
49.84%
-33.70%
-1.56%
-1.44%
1.99%
-14.58%
16.50%
-19.61%
1,165
1,170
4,157
1,309
1,308
3,202
1,078
919
3,306
1,296
837
3,434
1,082
24.80%
27.10%
66.58%
66.31%
87.81%
20.21%
-41.56%
-11.56%
-0.27%
1.77%
-16.25%
21.95%
-7.13%
2004 Total
6,991
39,884
-19.61%
1,082
-7.13%
1998
1999
2000
2001
2002
2003
Total
Total
Total
Total
Total
Total
2004 1. Quarter
2.4.2
ex_monthly

Agent
1998
1999
2000
2001
2002
2003

Total
Change YoY

Total
Change YoY
Total
Total
Total
Total
Total
Total
48.59%
55.84%
39.37%
36.25%
50.50%
42.67%
12.11%
25.64%
32.95%
34.15%
26.63%
23.17%
39.30%
18.52%
27.68%
29.60%
22.87%
34.17%
13,113
20,302
20,614
23,565
38,012
33,644
54.82%
1.54%
14.32%
61.31%
-11.49%
439
969
946
878
915
889
120.62%
-2.39%
-7.24%
4.19%
-2.82%
2004 1. Quarter
28.96%
27.47%
43.57%
37,824
-21.48%
1,020
-5.81%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
58.90%
51.60%
47.46%
36.29%
32.70%
40.77%
35.23%
37.10%
42.94%
28.25%
26.29%
48.41%
28.96%
18.81%
19.81%
19.47%
20.61%
25.81%
27.50%
15.73%
22.13%
26.09%
27.01%
30.01%
23.94%
27.47%
22.28%
28.59%
33.08%
43.09%
41.49%
31.73%
49.04%
40.77%
30.96%
44.74%
43.70%
27.65%
43.57%
48,170
47,499
39,573
39,478
43,665
35,416
40,044
39,968
34,690
36,341
37,559
33,644
37,824
83.62%
71.89%
62.25%
53.02%
58.11%
35.97%
34.66%
8.76%
-15.65%
-23.90%
-19.92%
-11.49%
-21.48%
1,083
1,021
826
908
1,016
847
985
996
831
923
967
889
1,020
15.51%
3.79%
-8.22%
0.39%
9.62%
6.43%
20.81%
-1.08%
-12.65%
-24.53%
-22.47%
-2.82%
-5.81%
2004 Total
28.96%
27.47%
43.57%
37,824
-21.48%
1,020
-5.81%
Eurex
Eurex
January 2004
ex_monthly
09.02.2004
page 21
VDAX Volatility Index
2.5
1996
1997
1998
1999
2000
2001
2002
2003
Total
Total
Total
Total
Total
Total
Total
Total
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
High
Date
Low
Date
Average
Ultimo
17.09
43.40
56.31
42.78
32.34
46.85
58.25
10.10
14.57
19.79
21.79
17.34
17.09
19.00
15.19
27.54
33.42
28.94
23.37
26.07
46.55
20.70
20/09/
17/01/
10/03/
30/11/
01/09/
15/02/
28/03/
19/12/
12.51
23.46
26.01
26.01
23.48
24.81
34.62
52.00
13/12/
30/10/
02/10/
14/01/
15/02/
21/09/
07/10/
27/01/
31.90
20.70
52.00
46.71
48.99
44.69
34.79
30.62
28.75
28.58
32.04
30.19
27.30
23.18
21.12
27/01/
26/02/
19/03/
01/04/
21/05/
05/06/
01/07/
07/08/
30/09/
02/10/
20/11/
08/12/
30/01/
39.80
40.63
43.41
32.21
29.25
26.94
24.66
23.61
22.95
22.53
22.13
20.70
18.34
16/01/
21/02/
03/03/
28/04/
16/05/
27/06/
31/07/
22/08/
19/09/
31/10/
03/11/
19/12/
23/01/
44.12
43.83
45.53
37.47
32.45
28.65
26.32
25.66
26.55
26.50
23.95
22.05
19.57
44.45
42.82
45.56
32.33
29.67
27.44
24.66
24.35
32.04
22.53
23.16
20.70
21.12
Values in percent p.a. The Index is calculated by taking bid and ask prices of a basket of Eurex-DAX Options.
55.00
VDAX Volatility Index
50.00
45.00
40.00
35.00
30.00
25.00
20.00
01/02/04
12/02/03
11/02/03
10/02/03
09/02/03
08/02/03
07/02/03
06/02/03
05/02/03
04/02/03
03/02/03
02/02/03
01/02/03
15.00
Eurex
Eurex
January 2004
2.6
DAX Options
2.6.1
Traded Contracts
Trades
1996 Total
1997 Total
1998 Total
1999 Total
2000 Total
2001 Total
2002 Total
2003 Total
OTC-Trades
in Contracts
Traded Contracts
Calls
ex_monthly
09.02.2004
page 22
Puts
Total
Change YoY

Calls
Puts
Total
Change YoY
72.89%
28.54%
13.95%
30.15%
9.02%
-22.95%
-31.05%
588,707
761,990
861,372
980,446
1,006,609
988,128
887,450
863,789
318,452
446,090
913,829
7,255,610
20,668,434
23,619,342
20,731,153
12,353,846
14,849,339
14,033,023
16,155,035
14,091,488
21,602,945
21,863,003
19,111,875
13,688,617
16,671,947
15,915,480
16,458,748
17,850,074
22,499,557
22,164,827
22,410,045
26,042,463
31,521,286
29,948,503
32,613,783
31,941,562
44,102,502
44,027,830
41,521,920
21.04%
-4.99%
8.90%
-2.06%
38.07%
-0.17%
-5.69%
288,163
374,353
450,397
526,072
637,344
505,366
323,152
299,442
380,929
410,283
594,096
583,908
435,614
325,629
339,870
587,605
755,282
860,680
1,120,168
1,221,252
940,980
648,781
2004 1. Quarter
54,715
1,691,444
1,323,526
1,728,121
3,051,647
-13.34%
28,147
31,955
60,102
16.13%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
76,532
68,199
91,552
79,288
77,106
79,231
69,736
57,617
84,958
65,013
62,330
52,227
54,715
1,911,094
1,537,252
2,079,981
1,700,292
1,648,395
1,611,459
1,684,851
1,394,832
1,792,546
2,237,621
1,966,958
1,165,872
1,691,444
1,573,582
1,404,081
1,962,657
1,707,288
1,431,896
1,863,893
1,484,196
1,259,089
1,710,347
1,832,995
1,674,767
1,207,084
1,323,526
1,947,851
1,495,367
2,123,494
1,890,765
1,984,491
1,826,245
1,936,744
1,537,491
2,211,627
2,151,898
2,002,078
1,301,994
1,728,121
3,521,433
2,899,448
4,086,151
3,598,053
3,416,387
3,690,138
3,420,940
2,796,580
3,921,974
3,984,893
3,676,845
2,509,078
3,051,647
-2.39%
-28.73%
8.23%
3.57%
1.51%
-12.34%
-30.62%
-20.55%
15.11%
1.52%
11.38%
2.70%
-13.34%
25,661
20,614
27,405
25,883
22,466
30,950
26,143
22,737
31,647
33,571
32,271
23,803
28,147
26,093
18,368
24,798
23,588
26,216
26,437
28,961
24,010
35,747
34,240
34,133
23,039
31,955
51,754
38,982
52,203
49,471
48,682
57,387
55,104
46,746
67,394
67,811
66,404
46,842
60,102
-44.13%
-61.49%
-47.82%
-44.89%
-41.82%
-38.87%
-45.74%
-30.42%
17.33%
12.10%
22.80%
20.11%
16.13%
2004 Total
54,715
1,691,444
1,323,526
1,728,121
3,051,647
-13.34%
28,147
31,955
60,102
16.13%
80,000
100,000
90,000
70,000
80,000
60,000
Open Interest
70,000
60,000
40,000
50,000
30,000
40,000
Volume
50,000
30,000
20,000
20,000
10,000
10,000
0
Jan
Feb
Mar
Apr
May
Jun
Jul
2003
Aug
Sep
Oct
Nov
Dec
Jan
2004
Eurex
Eurex
January 2004
ex_monthly
09.02.2004
page 23
DAX Options
2.6.2

Agent
1996
1997
1998
1999
2000
2001
2002
2003
2.6.3

Calls
Puts
Total
Change YoY

Calls
Puts
Total
Change YoY
Total
Total
Total
Total
Total
Total
Total
Total
29.75%
32.99%
30.89%
30.18%
27.27%
26.31%
26.90%
24.94%
5.12%
4.39%
4.19%
5.79%
6.62%
6.56%
7.37%
5.96%
65.12%
62.62%
64.92%
64.03%
66.11%
67.12%
65.73%
69.11%
508,675
471,030
505,874
651,570
919,845
1,653,071
2,029,550
1,499,919
669,514
466,717
451,410
861,162
874,661
1,478,527
1,637,854
1,674,879
1,178,189
937,747
957,284
1,512,732
1,794,506
3,131,598
3,667,404
3,174,798
-20.41%
2.08%
58.02%
18.63%
74.51%
17.11%
-13.43%
9,949
13,973
20,081
34,195
49,110
46,017
28,173
8,651
10,344
23,252
27,540
34,560
27,652
26,268
18,600
24,317
43,333
61,736
83,670
73,669
54,441
30.74%
78.20%
42.47%
35.53%
-11.95%
-26.10%
2004 1. Quarter
26.65%
6.55%
66.80%
1,700,493
2,032,754
3,733,247
-12.06%
32,997
33,280
66,277
-18.10%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
28.82%
28.31%
29.27%
25.68%
27.39%
22.38%
21.57%
24.49%
23.23%
21.75%
21.51%
25.74%
26.65%
8.48%
7.03%
6.85%
6.30%
5.89%
6.84%
4.48%
5.98%
5.17%
3.60%
5.87%
5.06%
6.55%
62.69%
64.66%
63.89%
68.02%
66.71%
70.78%
73.95%
69.53%
71.60%
74.65%
72.61%
69.20%
66.80%
2,288,645
2,546,972
2,219,509
2,303,906
2,383,846
1,834,512
2,011,004
2,134,641
2,081,192
2,262,315
2,415,025
1,499,919
1,700,493
1,956,618
2,082,684
2,028,534
2,161,536
2,302,939
1,858,948
2,110,447
2,305,429
2,174,539
2,358,337
2,568,430
1,674,879
2,032,754
4,245,263
4,629,656
4,248,043
4,465,442
4,686,785
3,693,460
4,121,451
4,440,070
4,255,731
4,620,652
4,983,455
3,174,798
3,733,247
7.38%
-1.62%
4.40%
2.18%
2.21%
-10.16%
-14.24%
-16.01%
-10.38%
-12.82%
-10.15%
-13.43%
-12.06%
49,794
53,308
44,781
46,412
47,933
34,791
38,314
40,918
40,986
44,452
47,683
28,173
32,997
31,128
32,374
29,516
31,328
33,495
26,304
30,512
33,787
33,023
35,818
39,694
26,268
33,280
80,922
85,682
74,298
77,740
81,427
61,095
68,826
74,705
74,010
80,270
87,377
54,441
66,277
-23.16%
-30.94%
-31.64%
-33.39%
-33.15%
-41.14%
-40.97%
-40.30%
-30.69%
-29.96%
-26.23%
-26.10%
-18.10%
2004 Total
26.65%
6.55%
66.80%
1,700,493
2,032,754
3,733,247
-12.06%
32,997
33,280
66,277
-18.10%
Paid Premiums
Calls
Puts
1996
1997
1998
1999
2000
2001
2002
2003
Total

Calls
Puts
Total
Change YoY
Total
Total
Total
Total
Total
Total
Total
Total
207
479
753
731
823
683
634
653
126
332
671
487
625
785
774
531
164
401
709
608
712
735
704
587
2,555,736,593
7,112,164,352
10,561,443,348
11,808,374,759
11,599,887,934
14,753,920,818
13,859,580,599
12,478,047,813
1,725,640,321
5,540,509,743
10,676,848,844
8,009,914,482
11,150,202,090
17,671,077,593
17,155,650,850
11,888,714,911
4,281,376,914
12,652,674,095
21,238,292,193
19,818,289,241
22,750,090,024
32,424,998,411
31,015,231,449
24,366,762,724
195.53%
67.86%
-6.69%
14.79%
42.53%
-4.35%
-21.44%
2004 1. Quarter
699
386
522
925,379,442
666,467,233
1,591,846,675
-45.13%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
625
607
575
599
591
723
603
660
638
661
774
805
699
985
794
835
427
471
395
371
400
495
420
373
359
386
824
704
710
509
521
560
472
517
558
531
556
574
522
983,214,405
852,219,234
1,128,795,122
1,022,379,962
845,560,747
1,347,373,701
895,573,711
830,608,519
1,091,385,147
1,211,920,073
1,296,823,061
972,194,131
925,379,442
1,917,878,757
1,187,674,136
1,772,367,798
808,235,236
935,444,081
720,598,005
717,583,276
615,142,697
1,095,760,888
903,619,326
746,683,157
467,727,554
666,467,233
2,901,093,162
2,039,893,370
2,901,162,920
1,830,615,198
1,781,004,828
2,067,971,706
1,613,156,987
1,445,751,216
2,187,146,035
2,115,539,399
2,043,506,218
1,439,921,685
1,591,846,675
12.38%
-16.68%
27.09%
-4.19%
-10.63%
-20.01%
-58.34%
-47.38%
-30.69%
-31.60%
-13.25%
-27.62%
-45.13%
2004 Total
699
386
522
925,379,442
666,467,233
1,591,846,675
-45.13%
Eurex
Eurex
January 2004
2.7
DAX Futures
2.7.1
Traded Contracts
Trades
1996
1997
1998
1999
2000
2001
2002
2003
Total
Total
Total
Total
Total
Total
Total
Total
OTC-Trades
in Contracts
ex_monthly
09.02.2004
page 24
Traded Contracts

Total
Change YoY
Total
Change YoY
21.47%
4.74%
85.62%
-10.50%
27.44%
36.16%
35.93%
718,455
1,241,785
1,773,058
1,718,257
2,067,437
2,013,756
2,006,553
2,165,511
72.84%
41.03%
-3.09%
20.32%
-2.60%
-0.36%
7.92%
1,369,625
2,023,490
2,916,959
4,355,313
5,170,702
7,755,826
11,735,387
15,326,681
0
0
0
0
426,938
1,436,321
5,452,505
6,623,287
6,937,139
12,876,982
11,524,330
14,686,359
19,996,503
27,181,218
2004 1. Quarter
1,232,460
86,886
2,079,360
-1.61%
213,043
38.57%
2003 J a n
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 J a n
1,435,701
1,263,978
1,577,100
1,217,472
1,202,384
1,242,275
1,240,805
1,054,098
1,400,362
1,510,056
1,198,522
983,928
1,232,460
68,916
53,038
58,669
55,075
55,027
44,177
72,890
93,447
402,705
84,986
69,296
378,095
86,886
2,113,291
2,009,572
3,244,407
1,902,894
1,884,091
2,635,437
1,932,076
1,730,473
2,946,134
2,480,230
2,015,652
2,286,961
2,079,360
82.96%
59.33%
110.34%
56.18%
60.52%
39.40%
-4.82%
8.33%
21.05%
15.20%
27.34%
16.80%
-1.61%
153,748
131,063
203,000
133,017
137,863
211,000
161,835
149,306
258,311
217,451
187,979
220,937
213,043
2.89%
-15.14%
-1.06%
-16.38%
-5.11%
1.37%
-19.88%
1.48%
32.55%
36.11%
47.01%
44.06%
38.57%
2004 Total
1,232,460
86,886
2,079,360
-1.61%
213,043
38.57%
300,000
35,000
30,000
250,000
25,000
Open Interest
200,000
Volume
20,000
150,000
15,000
100,000
10,000
50,000
5,000
0
Jan
Feb
Mar
Apr
May
Jun
Jul
2003
Aug
Sep
Oct
Nov
Dec
Jan
2004
Eurex
Eurex
January 2004
ex_monthly
09.02.2004
page 25
DAX Futures
2.7.2

Agent
1996
1997
1998
1999
2000
2001
2002
2003

Total
Change YoY

Total
Change YoY
Total
Total
Total
Total
Total
Total
Total
Total
40.04%
44.64%
48.07%
47.18%
40.57%
40.41%
44.84%
47.51%
23.71%
23.30%
21.57%
26.33%
29.61%
25.25%
21.45%
21.39%
36.25%
32.06%
30.36%
26.49%
29.82%
34.34%
33.71%
31.11%
95,492
72,632
55,492
134,707
160,198
123,748
236,798
263,794
-23.94%
-23.60%
142.75%
18.92%
-22.75%
91.36%
11.40%
15,900
14,372
23,680
26,051
16,058
17,197
26,351
-9.62%
64.77%
10.01%
-38.36%
7.09%
53.23%
2004 1. Quarter
47.27%
26.11%
26.62%
302,372
8.72%
30,843
60.72%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
45.97%
50.07%
49.71%
49.38%
47.89%
51.45%
46.61%
43.24%
47.22%
41.45%
45.07%
50.19%
47.27%
23.08%
20.01%
18.76%
19.48%
20.79%
18.88%
20.70%
23.83%
22.16%
25.65%
24.52%
20.06%
26.11%
30.96%
29.92%
31.52%
31.14%
31.32%
29.67%
32.69%
32.93%
30.62%
32.91%
30.40%
29.75%
26.62%
278,119
358,453
352,900
368,192
366,338
266,758
290,377
309,664
257,052
273,141
301,139
263,794
302,372
78.58%
82.54%
74.87%
49.47%
42.81%
56.15%
42.03%
42.58%
13.83%
17.68%
27.79%
11.40%
8.72%
19,190
22,803
21,528
27,001
27,453
21,533
25,258
27,034
21,009
24,993
28,225
26,351
30,843
-4.07%
-8.35%
-20.94%
-13.38%
-11.04%
14.00%
32.81%
33.68%
31.74%
35.05%
42.55%
53.23%
60.72%
2004 Total
47.27%
26.11%
26.62%
302,372
8.72%
30,843
60.72%
Eurex
Eurex
January 2004
2.8
TecDAX Options
2.8.1
Traded Contracts
Trades
2003 Total
2.8.2
OTC-Trades
in Contracts
Traded Contracts
Calls
09.02.2004
page 26
Puts
Total
Change YoY

Calls
Puts
Total
1,376
9,859
3,618
13,477
56
18
73
2004 1. Quarter
227
2,240
648
2,888
15
19
Aug
Sep
Oct
Nov
Dec
2004 Jan
51
348
201
455
231
227
0
0
0
0
0
0
73
3,582
1,009
3,242
1,377
2,240
400
1,688
683
288
261
648
473
5,270
1,692
3,530
1,638
2,888
0
20
6
19
8
15
2
8
4
1
1
4
2
28
9
21
10
19
2004 Total
227
2,240
648
2,888
15
19
Change YoY

Agent
2003 Total
2.8.3
ex_monthly

Calls
Puts
Total
Change YoY

Calls
Puts
Total
6.06%
23.12%
70.83%
5,923
943
6,866
34
39
2004 1. Quarter
10.37%
37.81%
51.82%
7,608
1,401
9,009
46
53
Aug
Sep
Oct
Nov
Dec
2004 Jan
45.77%
3.57%
5.91%
3.35%
2.32%
10.37%
0.00%
17.85%
25.00%
32.20%
37.33%
37.81%
54.23%
78.59%
69.09%
64.45%
60.35%
51.82%
231
2,895
3,685
6,148
5,923
7,608
171
1,143
1,586
1,611
943
1,401
402
4,038
5,271
7,759
6,866
9,009
1
16
20
35
34
46
1
6
8
8
5
8
2
22
28
43
39
53
2004 Total
10.37%
37.81%
51.82%
7,608
1,401
9,009
46
53
Change YoY
Paid Premiums
Calls
Puts
Total

Calls
Puts
Total
2003 Total
474
330
436
4,677,428
1,194,776
5,872,204
2004 1. Quarter
443
418
438
992,959
271,005
1,263,964
Aug
Sep
Oct
Nov
Dec
2004 Jan
563
554
330
508
376
443
53
368
410
260
413
418
131
495
362
487
382
438
41,124
1,985,810
333,043
1,645,337
517,261
992,959
21,067
621,196
279,870
74,746
107,716
271,005
62,191
2,607,006
612,913
1,720,083
624,977
1,263,964
2004 Total
443
418
438
992,959
271,005
1,263,964
Change YoY
Eurex
Eurex
January 2004
2.9
TecDAX Futures
2.9.1
Traded Contracts
Trades
ex_monthly
09.02.2004
page 27
Traded Contracts

Total
2003 Total
2.9.2
Change YoY
Total
10,066
181,954
926
2004 1. Quarter
1,840
18,636
112
Aug
Sep
Oct
Nov
Dec
2004 Jan
706
2,224
1,322
1,375
1,491
1,840
7,893
51,444
17,450
14,419
49,887
18,636
38
276
93
81
268
112
2004 Total
1,840
18,636
112
Change YoY

Agent
2003 Total
42.30%
16,412
89
9.94%
46.84%
43.22%
21,525
133
17.13%
28.16%
16.18%
13.91%
24.23%
9.94%
23.13%
24.67%
31.28%
41.32%
44.56%
46.84%
59.74%
47.17%
52.53%
44.76%
31.21%
43.22%
11,624
14,110
14,380
15,449
16,412
21,525
61
68
81
86
89
133
9.94%
46.84%
43.22%
21,525
133
2.10
NEMAX 50 Option
2.10.1
Traded Contracts
Trades
2004 1. Quarter
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
2004 Total

Total
33.94%
2004 Total
2000 Total
2001 Total
2002 Total
2003 Total
Change YoY
23.76%
2004 1. Quarter
Aug
Sep
Oct
Nov
Dec
2004 Jan

Total
OTC-Trades
in Contracts
Traded Contracts
Calls
14,315
34,850
7,075
636
0
0
66,170
0
287,612
1,127,866
410,554
21,160
Puts
Total
185,685
598,385
223,641
27,809
473,297
1,726,251
634,195
48,969
Change YoY

Calls
Change YoY
Puts
Total
Change YoY
264.73%
-63.26%
-92.28%
1,479
2,506
454
11
890
998
217
14
2,369
3,504
671
25
47.89%
-80.86%
-96.28%
100
100
-90.67%
-87.13%
16
26
20
29
244
167
13
17
55
12
31
6
1
0
0
0
0
0
0
0
0
0
0
0
0
0
660
2,022
421
890
2,087
6,460
304
1,524
2,620
361
3,321
490
100
412
585
775
1,315
14,916
5,103
700
10
3,245
573
90
85
0
1,072
2,607
1,196
2,205
17,003
11,563
1,004
1,534
5,865
934
3,411
575
100
-98.87%
-97.93%
-98.90%
-96.37%
-59.46%
-80.07%
-98.10%
-94.60%
-49.28%
-96.31%
-65.97%
-96.29%
-90.67%
0
1
0
0
1
2
0
1
2
0
2
0
0
0
0
0
1
7
3
0
0
2
0
0
0
0
0
1
1
1
8
5
0
1
4
1
2
0
0
-99.67%
-99.03%
-99.59%
-98.44%
-82.67%
-88.83%
-98.60%
-94.81%
-57.30%
-96.89%
-62.73%
-97.33%
-87.13%
100
100
-90.67%
-87.13%
Eurex
Eurex
January 2004
2.10.2
09.02.2004
page 28

Agent
2000
2001
2002
2003
2.10.3
ex_monthly

Calls
Puts
Total
Total
Total
Total
20.27%
18.99%
16.88%
4.77%
17.34%
10.78%
7.52%
5.31%
62.39%
70.23%
75.60%
89.91%
107,317
214,150
59,953
2,601
20,189
74,478
17,550
182
2004 1. Quarter
50.00%
0.00%
50.00%
2,501
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
10.35%
26.97%
20.69%
6.01%
1.25%
3.69%
0.20%
0.33%
5.97%
5.89%
1.47%
7.39%
50.00%
0.00%
0.02%
0.00%
13.61%
0.59%
0.54%
0.00%
46.41%
14.07%
18.79%
7.33%
30.43%
0.00%
89.65%
73.01%
79.31%
80.39%
98.16%
95.77%
99.80%
53.26%
79.97%
75.32%
91.20%
62.17%
50.00%
60,073
59,607
55,401
55,901
57,480
30,087
30,383
31,707
29,377
29,718
31,492
2,601
2,501
2004 Total
50.00%
0.00%
50.00%
2,501
182
Total
Change YoY

Calls
Puts
561
421
60
2
Total
Change YoY
643
555
74
3
-13.76%
-86.63%
-96.62%
-96.71%
14
14
13
13
17
6
7
7
6
7
7
0
0
74
74
69
69
74
31
32
33
32
32
34
3
2
-87.60%
-88.82%
-85.82%
-86.34%
-85.36%
-86.43%
-87.25%
-86.88%
-84.92%
-85.15%
-84.65%
-96.62%
-96.71%
-96.71%
127,506
288,628
77,503
2,783
83
134
14
0
126.36%
-73.15%
-96.41%
182
2,683
-96.55%
17,728
17,768
16,334
15,149
25,661
10,538
11,038
11,028
10,361
10,734
10,824
182
182
77,801
77,375
71,735
71,050
83,141
40,625
41,421
42,735
39,738
40,452
42,316
2,783
2,683
-75.62%
-79.73%
-73.63%
-75.34%
-71.42%
-77.48%
-80.08%
-79.25%
-76.72%
-77.56%
-76.50%
-96.41%
-96.55%
60
60
56
56
57
25
25
26
26
26
27
2
2
2,683
-96.55%
Paid Premiums
Calls
Puts
2000
2001
2002
2003
Total
Total
Total
Total
327
116
58
46
2004 1. Quarter
115
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
44
21
23
9
61
93
61
4
21
16
14
59
115
2004 Total
115
395
297
154
111
165
109
152
33
105
188
65
1,080
42
21
9
756
Total

Calls
Puts
Total
Change YoY
354
179
92
83
93,952,174
130,720,958
23,869,910
973,776
73,363,849
177,694,678
34,478,513
3,083,082
167,316,023
308,415,636
58,348,423
4,056,858
84.33%
-81.08%
-93.05%
115
11,500
11,500
-88.15%
91
41
106
24
99
135
64
11
32
19
13
162
115
29,111
43,194
9,584
7,856
126,599
598,286
18,410
6,703
54,145
5,954
45,184
28,750
11,500
67,948
63,990
117,610
44,000
1,562,153
957,489
45,635
10,800
136,340
12,026
801
64,290
0
97,059
107,184
127,194
51,856
1,688,752
1,555,775
64,045
17,503
190,485
17,980
45,985
93,040
11,500
-98.93%
-98.93%
-98.59%
-98.99%
-73.26%
-80.93%
-96.31%
-98.59%
-83.57%
-99.57%
-79.30%
-95.63%
-88.15%
115
11,500
11,500
-88.15%
Eurex
Eurex
January 2004
2.11
NEMAX 50 Future
2.11.1
Traded Contracts
Trades
2000
2001
2002
2003
Total
Total
Total
Total
2004 1. Quarter
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
2004 Total
2.11.2
ex_monthly
09.02.2004
page 29
Traded Contracts

Total
Change YoY
Total
Change YoY
49,478
173,238
86,607
8,574
702,873
5,409,482
4,704,283
750,125
669.62%
-13.04%
-84.05%
2,964
7,727
3,501
311
160.71%
-54.70%
-91.11%
84
3,169
-97.32%
-95.49%
1,824
1,074
1,442
525
723
1,452
239
183
757
117
75
163
84
118,296
61,163
213,839
26,265
35,774
145,773
8,210
4,072
74,286
5,790
2,755
53,902
3,169
-70.84%
-85.87%
-70.91%
-91.97%
-84.90%
-81.51%
-97.75%
-96.93%
-86.97%
-96.61%
-97.19%
-87.78%
-97.32%
45
21
76
10
14
64
4
2
42
3
2
30
2
-90.86%
-95.19%
-90.09%
-96.79%
-92.84%
-87.96%
-98.13%
-96.87%
-82.25%
-95.21%
-96.24%
-82.63%
-95.49%
84
3,169
-97.32%
-95.49%

Agent
2000
2001
2002
2003

Total
Change YoY

Total
Change YoY
Total
Total
Total
Total
24.05%
34.79%
27.90%
31.91%
35.62%
38.51%
37.97%
34.48%
40.33%
26.70%
34.13%
33.61%
69,968
267,196
177,906
24,135
281.88%
-33.42%
-86.43%
203
309
64
14
51.78%
-79.25%
-78.52%
2004 1. Quarter
24.52%
3.30%
72.18%
25,475
-84.33%
17
-71.97%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
25.32%
24.68%
37.71%
8.65%
12.50%
35.64%
32.42%
4.74%
40.62%
3.79%
7.04%
39.96%
24.52%
38.60%
42.19%
32.67%
41.60%
40.46%
37.85%
14.36%
16.82%
24.89%
42.10%
7.62%
25.49%
3.30%
36.08%
33.13%
29.63%
49.75%
47.05%
26.51%
53.22%
78.44%
34.49%
54.11%
85.34%
34.55%
72.18%
162,543
152,100
70,030
63,019
55,432
28,032
32,778
32,795
25,556
25,845
25,539
24,135
25,475
-41.93%
-51.37%
-78.97%
-79.35%
-81.34%
-88.59%
-87.55%
-87.51%
-88.74%
-88.15%
-87.83%
-86.43%
-84.33%
59
51
23
24
23
12
16
18
13
15
15
14
17
-81.75%
-83.95%
-93.31%
-90.62%
-90.53%
-91.88%
-89.30%
-86.17%
-83.23%
-84.03%
-84.12%
-78.52%
-71.97%
2004 Total
24.52%
3.30%
72.18%
25,475
-84.33%
17
-71.97%
Eurex
Eurex
January 2004
2.12
SMI Options
2.12.1
Traded Contracts
Trades
1997 Total
1998 Total
1999 Total
2000 Total
2001 Total
2002 Total
2003 Total
OTC-Trades
in Contracts
50,320
99,021
76,228
80,687
102,567
122,669
2004 1. Quarter
Traded Contracts
Calls
ex_monthly
09.02.2004
page 30
Puts
Total
Change YoY
Volume in CHF million

Calls
Puts
Total
Change YoY
6.49%
9.06%
4.52%
-17.18%
9.38%
-21.16%
8,386
133,909
231,446
355,084
1,061,922
1,236,223
1,869,924
1,583,376
1,800,811
1,671,478
1,416,283
1,858,579
1,789,309
2,446,460
1,810,722
1,868,575
1,802,891
1,762,860
2,371,503
2,194,609
4,316,384
3,394,098
3,669,386
3,474,369
3,179,143
4,230,082
3,983,918
-21.37%
8.11%
-5.31%
-8.50%
33.06%
-5.82%
93,853
109,631
130,225
131,547
103,056
112,263
89,490
218,149
122,671
123,125
133,260
116,250
127,605
99,624
218,149
232,302
253,350
264,808
219,306
239,868
189,114
9,188
79,438
135,715
172,808
308,523
-19.18%
7,842
9,078
16,920
-5.78%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
10,473
8,518
14,330
10,385
8,188
10,966
8,745
9,493
13,223
11,091
9,214
8,043
9,188
130,503
100,959
108,094
72,270
111,444
94,974
101,494
89,560
172,208
89,312
108,838
56,567
79,438
184,689
157,795
234,402
166,262
142,660
149,455
115,051
113,911
183,975
133,774
120,300
87,035
135,715
197,044
161,783
204,312
151,906
161,123
190,940
175,337
174,402
276,785
169,422
203,625
127,930
172,808
381,733
319,578
438,714
318,168
303,783
340,395
290,388
288,313
460,760
303,196
323,925
214,965
308,523
65.04%
34.01%
44.58%
13.12%
14.23%
-49.31%
-43.51%
-7.43%
48.33%
-28.55%
-14.92%
-27.61%
-19.18%
9,210
7,391
10,409
7,868
6,858
7,483
5,769
5,993
10,043
7,183
6,483
4,798
7,842
8,748
6,645
7,899
6,249
6,939
8,628
8,011
8,133
13,679
8,285
9,963
6,446
9,078
17,958
14,036
18,308
14,117
13,797
16,111
13,780
14,126
23,722
15,469
16,446
11,245
16,920
24.64%
-5.53%
-6.16%
-22.55%
-19.33%
-60.66%
-51.36%
-14.66%
54.63%
-25.70%
-14.02%
-23.17%
-5.78%
2004 Total
9,188
79,438
135,715
172,808
308,523
-19.18%
7,842
9,078
16,920
-5.78%
25,000
35,000
30,000
20,000
Open Interest
25,000
15,000
Volume
20,000
15,000
10,000
10,000
5,000
5,000
0
Jan
Feb
Mar
Apr
May
Jun
Jul
2003
Aug
Sep
Oct
Nov
Dec
Jan
2004
Eurex
Eurex
January 2004
ex_monthly
09.02.2004
page 31
SMI Options
2.12.2

Agent
2.12.3
1997 Total
1998 Total
1999 Total
2000 Total
2001 Total
2002 Total
2003 Total
28.39%
24.14%
22.92%
26.75%
24.41%
25.16%
2004 1. Quarter
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
2004 Total

Calls
Puts
Total
Change YoY
Open Interest in CHF million

Calls
Puts
Total
Change YoY
2.34%
4.00%
6.32%
10.26%
15.12%
9.75%
69.27%
71.85%
70.76%
62.98%
60.47%
65.08%
196,941
125,077
133,579
172,384
213,802
156,399
261,232
144,260
146,249
240,093
262,702
210,887
394,937
458,173
269,337
279,828
412,477
476,504
367,286
16.01%
-41.21%
3.90%
47.40%
15.52%
-22.92%
19,105
9,095
9,313
10,867
12,200
12,501
8,401
30,384
10,764
9,595
11,107
14,439
12,865
9,815
49,490
19,859
18,908
21,975
26,638
25,366
18,215
-19.75%
-4.78%
16.22%
21.22%
-4.78%
-28.19%
26.93%
6.46%
66.61%
196,014
264,464
460,478
-20.01%
10,792
12,677
23,469
-21.37%
21.73%
28.19%
25.74%
23.87%
26.54%
27.15%
25.50%
25.32%
28.46%
21.53%
21.31%
25.59%
26.93%
17.54%
7.70%
6.53%
7.20%
10.52%
10.14%
12.54%
10.48%
7.18%
9.34%
10.85%
7.38%
6.46%
60.74%
64.10%
67.73%
68.93%
62.94%
62.71%
61.96%
64.20%
64.36%
69.13%
67.85%
67.04%
66.61%
269,883
304,969
254,753
258,930
278,426
191,226
207,658
228,928
244,407
259,908
268,859
156,399
196,014
305,769
318,041
268,645
274,688
309,050
231,313
266,397
315,330
330,302
337,849
359,013
210,887
264,464
575,652
623,010
523,398
533,618
587,476
422,539
474,055
544,258
574,709
597,757
627,872
367,286
460,478
53.64%
49.64%
47.28%
28.01%
26.31%
-9.94%
-19.93%
-12.01%
2.45%
-11.54%
-18.78%
-22.92%
-20.01%
15,229
16,765
13,343
13,715
14,780
10,021
10,893
12,109
13,330
14,170
14,598
8,401
10,792
14,617
14,815
11,767
12,085
13,696
10,275
11,913
14,195
15,439
15,745
16,696
9,815
12,677
29,846
31,580
25,110
25,799
28,475
20,295
22,806
26,304
28,770
29,915
31,294
18,215
23,469
20.80%
15.84%
6.17%
-6.74%
-7.17%
-31.10%
-35.70%
-28.03%
-10.86%
-21.00%
-26.87%
-28.19%
-21.37%
26.93%
6.46%
66.61%
196,014
264,464
460,478
-20.01%
10,792
12,677
23,469
-21.37%
Paid Premiums
Paid Premiums - Contract in CHF
Calls
Puts
1997
1998
1999
2000
2001
2002
2003
Total
Paid Premiums in CHF

Calls
Puts
Total
Change YoY
Total
Total
Total
Total
Total
Total
Total
1,756
2,493
1,600
1,971
1,547
1,287
1,289
1,248
2,367
1,475
1,317
1,679
1,988
1,301
1,468
2,426
1,536
1,632
1,620
1,680
1,296
3,283,365,074
3,947,162,626
2,880,879,093
3,294,474,569
2,190,687,884
2,391,160,872
2,307,117,318
3,052,430,816
4,286,139,766
2,756,787,211
2,375,288,230
2,959,378,803
4,713,627,897
2,855,183,349
6,335,795,890
8,233,302,392
5,637,666,304
5,669,762,799
5,150,066,687
7,104,788,769
5,162,300,667
29.95%
-31.53%
0.57%
-9.17%
37.96%
-27.34%
2004 1. Quarter
1,405
1,178
1,278
190,731,614
203,598,697
394,330,311
-39.78%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
1,359
961
1,032
1,289
1,030
1,086
1,391
1,579
1,511
1,512
1,713
1,297
1,405
2,050
2,096
1,865
1,042
1,356
941
1,049
913
1,212
1,105
927
940
1,178
1,715
1,535
1,420
1,171
1,203
1,005
1,184
1,176
1,331
1,285
1,219
1,085
1,278
250,904,606
151,638,538
241,804,646
214,299,116
146,931,079
162,380,771
159,984,895
179,892,583
277,946,055
202,325,492
206,086,089
112,923,448
190,731,614
403,915,924
339,016,401
381,107,264
158,223,325
218,553,652
179,605,445
183,933,640
159,245,338
335,438,120
187,130,497
188,799,098
120,214,645
203,598,697
654,820,530
490,654,939
622,911,910
372,522,441
365,484,731
341,986,216
343,918,535
339,137,921
613,384,175
389,455,989
394,885,187
233,138,093
394,330,311
146.38%
68.25%
74.62%
7.63%
19.07%
-62.84%
-67.64%
-42.83%
-9.36%
-62.43%
-42.23%
-58.67%
-39.78%
2004 Total
1,405
1,178
1,278
190,731,614
203,598,697
394,330,311
-39.78%
Eurex
Eurex
January 2004
2.13
SMI Futures
2.13.1
Traded Contracts
Trades
1997
1998
1999
2000
2001
2002
2003
Total
Total
Total
Total
Total
Total
Total
OTC-Trades
in Contracts
ex_monthly
09.02.2004
page 32
Traded Contracts

Total
Change YoY
Total
Change YoY
154,947
747,664
505,653
641,551
1,250,206
2,421,999
0
0
0
0
77,554
526,306
1,810,698
4,445,396
6,515,036
4,586,219
5,099,537
7,019,626
8,969,235
145.51%
46.56%
-29.61%
11.19%
37.65%
27.77%
471,849
653,479
464,382
350,732
344,431
387,993
430,154
38.49%
-28.94%
-24.47%
-1.80%
12.65%
10.87%
2004 1. Quarter
172,645
28,030
517,628
-11.81%
29,223
7.71%
2003 J a n
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 J a n
181,593
178,478
276,340
224,938
178,885
220,925
219,943
174,503
249,089
205,647
177,376
134,282
172,645
24,043
26,289
20,869
14,832
23,398
18,506
24,381
17,336
139,296
27,789
29,885
159,682
28,030
586,970
572,395
1,437,433
661,458
600,616
1,011,694
583,960
494,127
1,099,323
569,903
535,808
815,548
517,628
85.20%
70.57%
119.64%
123.87%
111.77%
7.22%
-25.78%
-15.22%
8.20%
-9.17%
24.50%
9.24%
-11.81%
27,132
24,031
59,152
29,320
27,354
49,267
28,675
25,218
58,259
29,557
28,236
43,952
29,223
35.08%
14.40%
38.82%
49.79%
46.35%
-12.69%
-31.05%
-17.69%
17.95%
-1.87%
30.98%
21.09%
7.71%
2004 Total
172,645
28,030
517,628
-11.81%
29,223
7.71%
14,000
12,000
50,000
10,000
40,000
8,000
30,000
6,000
20,000
4,000
10,000
2,000
Open Interest
60,000
Volume
70,000
0
Jan
Feb
Mar
Apr
May
Jun
Jul
2003
Aug
Sep
Oct
Nov
Dec
Jan
2004
Eurex
Eurex
January 2004
ex_monthly
09.02.2004
page 33
SMI Futures
2.13.2

Agent
1997
1998
1999
2000
2001
2002
2003

Total
Change YoY
Open Intererst in CHF million

Total
Change YoY
Total
Total
Total
Total
Total
Total
Total
18.46%
44.41%
42.66%
40.04%
34.75%
36.99%
37.79%
28.97%
14.92%
21.80%
23.86%
24.60%
24.41%
23.93%
52.57%
40.68%
35.54%
36.10%
40.64%
38.60%
38.28%
18,969
113,650
123,273
119,945
114,822
128,012
126,707
499.14%
8.47%
-2.70%
-4.27%
11.49%
-1.02%
5,943
8,148
9,396
9,871
7,386
5,918
6,923
37.11%
15.32%
5.06%
-25.17%
-19.88%
16.99%
2004 1. Quarter
33.77%
28.17%
38.06%
131,997
-18.60%
7,558
6.08%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
30.65%
34.66%
41.06%
36.17%
38.12%
41.55%
35.94%
33.76%
37.40%
32.82%
34.98%
45.43%
33.77%
30.67%
25.94%
18.16%
26.81%
29.27%
20.30%
26.89%
25.84%
22.96%
26.22%
26.36%
20.86%
28.17%
38.68%
39.41%
40.78%
37.02%
32.60%
38.14%
37.17%
40.40%
39.64%
40.96%
38.67%
33.71%
38.06%
162,159
206,555
252,425
285,705
282,409
122,403
139,050
152,401
128,417
140,190
157,135
126,707
131,997
30.57%
60.97%
62.00%
70.30%
59.98%
-15.95%
-14.34%
-7.99%
-6.43%
-7.71%
5.95%
-1.02%
-18.60%
7,125
8,519
10,115
12,965
13,138
5,902
7,086
7,864
6,466
7,313
8,338
6,923
7,558
-7.87%
4.65%
-2.16%
17.99%
12.93%
-31.72%
-16.00%
-9.40%
-0.28%
-2.46%
10.06%
16.99%
6.08%
2004 Total
33.77%
28.17%
38.06%
131,997
-18.60%
7,558
6.08%
Eurex
Eurex
January 2004
2.14
HEX25 Options
2.14.1
Traded Contracts
Trades
1999 Total
2000 Total
2001 Total
2002 Total
2003 Total
Puts
Total
32
23,406
3,145
14
6,250
620
27,520
2,908
0
878
652
50,926
6,053
14
7,128
375
75
450
0
0
0
0
0
0
0
0
0
0
878
0
75
0
0
0
0
0
0
0
300
0
3,800
1,518
1,510
450
75
450
0
0
0
0
0
0
0
2
0
6
11
1
5
3,200
750
1,500
0
0
0
0
0
0
0
0
300
0
3,800
640
1,510
375
375
Change YoY

Calls
7710.74%
-88.11%
-99.77%
50814.29%
Puts
Total
Change YoY
1
697
57
0
91
15
812
57
0
13
16
1,509
114
0
105
9271.56%
-92.45%
-99.79%
44193.01%
-100.00%
-100.00%
55
10
24
6
0
13
0
1
55
23
24
7

Agent

Calls
Puts
Total
1999 Total
2000 Total
2001 Total
2002 Total
2003 Total
4.22%
37.55%
29.36%
50.00%
51.05%
0.00%
3.00%
0.00%
0.00%
0.00%
95.78%
59.45%
70.64%
50.00%
48.95%
0
1,279
4
0
10
415
1,031
40
0
0
415
2,310
44
0
10
2004 1. Quarter
88.89%
0.00%
11.11%
75
75
0
0
0
0
0
0
0
0
0
0
860
0
75
0
0
0
0
0
0
0
0
0
2,500
3,360
10
75
75
75
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
2004 Total
2.14.3
page 34
0
2,200
0
0
5,450
2004 Total
2.14.2
Traded Contracts
Calls
09.02.2004
27
1,313
246
3
20
2004 1. Quarter
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
OTC-Trades
in Contracts
ex_monthly
100.00%
0.00%
0.00%
50.00%
45.06%
50.00%
88.89%
0.00%
0.00%
0.00%
0.00%
50.00%
54.94%
50.00%
11.11%
0
0
0
0
0
0
0
0
0
2,500
2,500
10
0
88.89%
0.00%
11.11%
Change YoY
456.63%
-98.10%
-100.00%
-100.00%

Calls
Puts
Total
Change YoY
0
32
0
0
0
11
25
1
0
0
11
57
1
0
0
433.27%
-98.85%
-100.00%
0
0
0
0
0
0
0
0
0
38
38
0
0
0
0
0
0
0
0
0
0
0
0
13
0
1
0
0
0
0
0
0
0
0
0
38
51
0
1
-100.00%
Paid Premiums
Calls
Puts
1999
2000
2001
2002
2003
Total
Total
Total
Total
Total
2004 1. Quarter
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
2004 Total
Total

Calls
Puts
Total
Change YoY
10,312
33,939,877
1,763,666
5,575
4,579,310
248,210
38,862,551
4,287,737
0
161,860
258,522
72,802,428
6,051,403
5,575
4,741,170
28061.02%
-91.69%
-99.91%
84943.41%
150,000
32,125
182,125
428
829
262
133
405
0
0
0
0
0
0
0
991,800
0
3,151,400
236,000
200,110
150,000
0
0
0
0
0
0
0
0
0
0
161,860
0
32,125
0
0
0
0
0
0
0
991,800
0
3,151,400
397,860
200,110
182,125
428
405
150,000
32,125
182,125
322
1,450
561
398
733
400
1,412
1,474
184
397
1,430
1,000
398
665
400
428
405
3,306
829
369
133
400
400
3,306
184
-100.00%
-100.00%
Eurex
Eurex
January 2004
2.15
HEX25 Futures
2.15.1
Traded Contracts
Trades
09.02.2004
page 35
Traded Contracts

Total
Change YoY
Total
Change YoY
82
5,730
2,753
1,297
1,086
741
109,822
74,819
44,524
32,589
14720.78%
-31.87%
-40.49%
-26.81%
21
3,153
1,222
650
449
15242.64%
-61.26%
-46.82%
-30.96%
55
1,072
189.73%
17
249.15%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
57
38
101
23
35
128
52
62
200
102
70
218
55
370
164
6,072
108
286
6,319
688
584
7,782
930
1,398
7,888
1,072
-74.73%
-85.99%
-47.94%
-93.61%
-71.34%
-20.35%
-67.59%
-73.03%
12.16%
87.88%
126.21%
8.55%
189.73%
5
2
72
1
4
80
9
8
112
14
22
121
17
-79.47%
-89.92%
-63.84%
-95.34%
-77.54%
-31.37%
-68.14%
-69.91%
29.12%
141.87%
169.33%
28.52%
249.15%
2004 Total
55
1,072
189.73%
17
249.15%
1999
2000
2001
2002
2003
Total
Total
Total
Total
Total
2004 1. Quarter
2.15.2
ex_monthly

Agent
1999
2000
2001
2002
2003

Total
Change YoY
Open Intererst in EUR million

Total
Change YoY
Total
Total
Total
Total
Total
4.52%
49.68%
57.49%
46.70%
39.21%
0.40%
2.22%
2.47%
7.93%
11.61%
95.07%
48.11%
40.03%
45.38%
49.17%
238
6,650
5,022
2,881
2,038
2694.12%
-24.48%
-42.63%
-29.26%
8
155
80
37
31
1878.25%
-48.48%
-53.85%
-15.79%
2004 1. Quarter
33.26%
3.78%
62.97%
2,577
-11.38%
41
16.89%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
52.84%
65.85%
38.85%
51.85%
41.08%
40.10%
47.53%
47.09%
42.94%
13.28%
11.87%
40.26%
33.26%
2.97%
3.66%
15.58%
0.00%
18.01%
13.48%
0.00%
0.00%
11.09%
0.22%
0.07%
13.35%
3.78%
44.19%
30.49%
45.58%
48.15%
40.91%
46.42%
52.47%
52.91%
45.97%
86.51%
88.05%
46.39%
62.97%
2,908
2,873
2,958
3,000
2,973
2,990
3,475
3,156
3,267
3,815
3,406
2,038
2,577
-44.37%
-50.61%
-40.72%
-32.25%
-27.89%
-9.12%
-5.05%
-10.87%
9.74%
33.86%
23.23%
-29.26%
-11.38%
35
32
32
37
36
38
46
45
45
58
53
31
41
-58.55%
-66.19%
-61.03%
-46.76%
-42.81%
-21.14%
-0.45%
-1.08%
32.64%
62.80%
37.87%
-15.79%
16.89%
2004 Total
33.26%
3.78%
62.97%
2,577
-11.38%
41
16.89%
Eurex
Eurex
January 2004
2.16
Euro STOXX Sector Options
2.16.1
Traded Contracts
Trades
2001 Total
2002 Total
2003 Total
2.16.2
223
4,276
3,360
OTC-Trades
in Contracts
Traded Contracts
Calls
0
147,179
542,741
09.02.2004
page 36
Puts
Total
Change YoY
20,664
1,122,128
597,331
28,574
689,916
398,161
49,238
1,812,044
995,492
3580.17%
-45.06%

Calls
Puts
Total
Change YoY
403
17,730
6,901
467
9,627
3,886
870
27,357
10,787
3043.61%
-60.57%
2004 1. Quarter
154
9,200
13,393
12,255
25,648
-87.03%
175
152
328
-85.91%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
517
522
501
433
284
167
170
192
152
184
86
152
154
104,803
54,100
103,070
45,120
45,445
37,160
19,880
19,450
30,890
25,160
31,878
25,785
9,200
125,506
55,130
100,063
55,012
51,909
45,761
14,068
32,468
42,561
28,777
13,700
32,376
13,393
72,180
50,246
42,991
21,065
24,977
13,157
31,031
20,840
18,386
42,867
35,462
24,959
12,255
197,686
105,376
143,054
76,077
76,886
58,918
45,099
53,308
60,947
71,644
49,162
57,335
25,648
45.29%
-22.55%
43.53%
-32.83%
-62.77%
-75.75%
-81.02%
-50.34%
-31.77%
-63.67%
-71.23%
-23.69%
-87.03%
1,542
603
993
608
566
512
167
399
507
366
177
460
175
784
485
406
187
203
118
279
217
183
402
339
281
152
2,327
1,088
1,399
795
769
630
447
616
690
768
517
741
328
0.39%
-54.66%
-28.26%
-64.35%
-78.24%
-82.02%
-86.50%
-56.87%
-37.12%
-67.48%
-77.24%
-22.43%
-85.91%
2004 Total
154
9,200
13,393
12,255
25,648
-87.03%
175
152
328
-85.91%

Agent
2.16.3
ex_monthly

Calls
Puts

Calls
Puts
Total
Change YoY
15,523
144,469
69,101
30,839
420,090
142,212
1262.20%
-66.15%
304
3,939
864
Total
Change YoY
281
1,718
709
585
5,657
1,573
9
-1
2001 Total
2002 Total
2003 Total
94.26%
91.97%
90.50%
3.52%
6.25%
4.55%
2.21%
1.78%
4.95%
2004 1. Quarter
81.87%
12.86%
5.27%
83,962
79,204
163,166
-70.17%
1,002
834
1,836
-74.06%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
88.62%
89.07%
92.12%
86.60%
89.57%
85.50%
90.94%
91.72%
93.35%
93.58%
98.36%
91.88%
81.87%
4.57%
4.52%
4.23%
6.92%
3.08%
9.02%
6.07%
3.89%
2.51%
3.25%
0.26%
6.56%
12.86%
6.81%
6.41%
3.64%
6.49%
7.35%
5.47%
3.00%
4.39%
4.14%
3.17%
1.38%
1.56%
5.27%
362,149
398,554
273,772
303,705
318,122
223,402
228,543
247,362
223,240
231,808
231,403
73,111
83,962
184,822
221,393
144,990
155,039
173,619
115,957
134,280
149,119
146,185
172,109
193,069
69,101
79,204
546,971
619,947
418,762
458,744
491,741
339,359
362,823
396,481
369,425
403,917
424,472
142,212
163,166
282.32%
146.23%
60.91%
31.64%
-2.22%
-31.02%
-39.08%
-39.28%
-23.74%
-35.62%
-42.04%
-66.15%
-70.17%
4,942
5,312
3,445
3,757
3,880
2,729
2,802
3,037
2,801
2,895
2,900
864
1,002
2,133
2,503
1,534
1,630
1,777
1,199
1,369
1,526
1,512
1,754
1,965
709
834
7,075
7,814
4,979
5,387
5,657
3,928
4,172
4,564
4,314
4,649
4,866
1,573
1,836
182.46%
74.94%
5.21%
-16.90%
-38.10%
-52.65%
-56.92%
-56.15%
-42.59%
-49.35%
-53.71%
-72.20%
-74.06%
2004 Total
81.87%
12.86%
5.27%
83,962
79,204
163,166
-70.17%
1,002
834
1,836
-74.06%
15,316
275,621
73,111
Paid Premiums
Calls
Puts
2001 Total
2002 Total
2003 Total
Total

Calls
Puts
Total
Change YoY
38,860,945
958,353,640
365,750,800
32,104,455
619,414,200
237,195,235
70,965,400
1,577,767,840
602,946,035
2123.29%
-61.78%
1,881
854
612
1,124
898
596
1,441
871
606
2004 1. Quarter
501
421
463
6,711,990
5,163,415
11,875,405
-92.41%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
711
680
557
734
661
560
707
583
439
633
506
316
501
932
938
850
477
711
434
326
446
597
323
160
112
421
792
803
646
663
677
532
445
529
486
448
256
228
463
89,218,095
37,479,595
55,780,325
40,379,270
34,304,890
25,642,385
9,951,955
18,922,745
18,664,960
18,223,050
6,937,000
10,246,530
6,711,990
67,294,285
47,134,935
36,562,970
10,049,755
17,754,875
5,707,970
10,109,330
9,292,175
10,976,575
13,845,505
5,661,625
2,805,235
5,163,415
156,512,380
84,614,530
92,343,295
50,429,025
52,059,765
31,350,355
20,061,285
28,214,920
29,641,535
32,068,555
12,598,625
13,051,765
11,875,405
19.70%
-34.25%
-24.75%
-61.24%
-70.73%
-83.17%
-90.59%
-66.17%
-50.71%
-80.51%
-91.61%
-56.16%
-92.41%
2004 Total
501
421
463
6,711,990
5,163,415
11,875,405
-92.41%
Eurex
Eurex
January 2004
ex_monthly
09.02.2004
0
0
0
0
0
0
0
0
0
0
0
2
0
2004 Total
1,754
10,848
146
307
96
2,456
19
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,425
150
600
3,503
274
8,738
9,600
11,178
2,000
3,600
4,706
7,322
4,905
5,000
2,601
6,425
119
11
108
6
5
4
0
0
54
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
150
0
19
0
0
0
0
0
0
0
0
0
0
600
6,425
150
600
19,031
382,141
86,830
9,677
314,976
110,664
DJ Euro STOXX Utilities Option
0
0
0
0
0
0
0
0
0
0
0
0
0
0
64,012
63,427
DJ Euro STOXX Telecommunications Option
73,967
65,875
71,291
23,884
27,610
34,978
13,737
24,845
14,381
16,706
20,579
25,981
10,848
DJ Euro STOXX Technology Option
10,848
9,850
5,706
7,200
7,034
2,972
3,500
100
500
9,020
3,291
1,500
0
1,754
DJ Euro STOXX Insurance Option
1,754
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
DJ Euro STOXX Healthcare Option
2004 1. Quarter
DJ Euro STOXX Financial Services Option
20,434
898,989
413,834
DJ Euro STOXX Energy Option
DJ Euro STOXX Cyclical Goods and Services Option
DJ Euro STOXX Construction Option
DJ Euro STOXX Banks Option
0
35,303
50,673
2001 Total
2002 Total
2003 Total
DJ Euro STOXX Chemicals Option
DJ Euro STOXX Automobiles Option
DJ Euro STOXX Basic Resources Option
Traded
Contract
s
DJ Euro STOXX Retail Option
Traded Contracts
DJ Euro STOXX Media Option
2.17.1
DJ Euro STOXX Industrial Goods and Services Option
Euro STOXX Sector Options Breakdown by Individual Indices
DJ Euro STOXX Food and Beverage Option
2.17
DJ Euro STOXX Non-Cyclical Goods and Serv_ Option
page 37
114,021
269,736
4,320
218
1,126
207
0
0
0
0
0
0
0
0
0
0
0
0
0
44,642
9,536
30,130
18,623
29,045
11,406
21,377
14,225
23,061
33,066
19,680
14,945
4,320
0
0
0
0
0
0
0
0
0
0
0
0
218
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
24,943
5,499
9,902
5,321
1,551
5,000
5,785
5,886
2,704
7,611
2,151
10,477
1,126
40,662
18,456
15,685
11,609
4,525
2,030
500
3,146
4,405
6,065
252
3,329
207
0
0
0
0
0
0
0
0
0
0
0
0
0
4,320
218
1,126
207
Eurex
Eurex
January 2004
09.02.2004
page 38
DJ Euro STOXX Telecommunications Option
DJ Euro STOXX Non-Cyclical Goods and Serv_ Option
DJ Euro STOXX Industrial Goods and Services Option
DJ Euro STOXX Food and Beverage Option
DJ Euro STOXX Financial Services Option
DJ Euro STOXX Cyclical Goods and Services Option
DJ Euro STOXX Construction Option
0
20,535
14,712
0
146
10
96
430
0
0
43,684
36,201
0
0
0
12,133
80,745
4,051
9,104
66,869
9,785
2004 1. Quarter
13,352
74,052
20,137
10
150
200
40,432
218
4,677
9,936
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
17,821
23,483
29,441
36,360
38,693
30,287
30,368
30,361
23,293
25,577
26,071
11,998
13,352
239,992
285,850
167,867
179,280
185,971
110,420
118,830
137,853
134,792
135,918
145,122
65,453
74,052
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
23,445
23,712
21,373
27,487
27,227
18,408
22,008
25,599
20,654
22,455
27,455
14,712
20,137
239
235
122
128
123
127
127
127
16
16
16
10
10
0
0
0
0
0
0
0
0
0
0
0
0
150
430
449
449
430
430
400
400
400
400
400
400
0
200
0
0
0
0
0
0
0
0
0
0
0
0
0
82,286
89,309
81,561
90,504
112,402
87,416
97,004
105,098
97,372
121,358
127,432
36,201
40,432
0
0
0
0
0
0
0
0
0
0
0
0
218
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
99,623
102,590
55,471
56,954
57,484
42,539
44,324
44,643
39,743
46,014
46,145
4,051
4,677
83,135
94,319
62,478
67,601
69,411
49,762
49,762
52,400
53,155
52,179
51,831
9,785
9,936
0
0
0
0
0
0
0
0
0
0
0
0
0
2004 Total
13,352
74,052
20,137
10
150
200
40,432
218
4,677
9,936
DJ Euro STOXX Retail Option
DJ Euro STOXX Utilities Option
DJ Euro STOXX Technology Option
DJ Euro STOXX Media Option
DJ Euro STOXX Insurance Option
9,506
198,411
65,453
DJ Euro STOXX Healthcare Option
0
9,270
11,998
DJ Euro STOXX Energy Option
2001 Total
2002 Total
2003 Total
DJ Euro STOXX Chemicals Option
DJ Euro STOXX Banks Option
Open
Interest
DJ Euro STOXX Basic Resources Option
Open Interest
DJ Euro STOXX Automobiles Option
2.17.2
ex_monthly
Eurex
Eurex
January 2004
2.18
Euro STOXX Sector Futures
2.18.1
Traded Contracts
Trades
ex_monthly
09.02.2004
page 39
Traded Contracts

Total
Change YoY
Total
Change YoY
9,722
23,454
35,642
246,165
1,467,445
1,589,416
496.12%
8.31%
4,546
20,198
18,231
344.27%
-9.74%
2004 1. Quarter
1,364
45,332
-53.60%
589
-46.73%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
2,416
1,912
4,259
1,645
1,997
4,993
3,131
2,703
4,913
3,223
2,289
2,161
1,364
97,708
79,125
311,231
66,386
66,144
238,763
39,614
36,323
245,703
58,822
132,004
217,593
45,332
94.86%
26.38%
173.48%
3.49%
-22.67%
-3.24%
-67.52%
-40.04%
6.26%
-44.47%
46.40%
-7.25%
-53.60%
1,105
789
3,139
705
659
2,724
460
426
3,004
679
1,796
2,745
589
12.49%
-28.53%
44.46%
-41.85%
-53.58%
-22.69%
-70.49%
-43.04%
15.23%
-40.80%
68.04%
3.41%
-46.73%
2004 Total
1,364
45,332
-53.60%
589
-46.73%
2001 Total
2002 Total
2003 Total
3,500
1,800
1,600
3,000
Volume
1,200
2,000
1,000
1,500
800
600
1,000
400
500
200
0
Jan
Feb
Mar
Apr
May
Jun
Jul
2003
Aug
Sep
Oct
Nov
Dec
Jan
2004
Open Interest
1,400
2,500
Eurex
Eurex
January 2004
09.02.2004
page 40

Agent

Total
Change YoY

Total
Change YoY
13.26%
9.28%
11.49%
24,061
84,856
80,517
252.67%
-5.11%
463
914
1,021
1
0
2004 1. Quarter
47.49%
28.67%
23.84%
80,520
-24.20%
1,067
-4.69%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
67.72%
63.37%
76.49%
55.22%
57.45%
77.68%
37.77%
51.13%
70.78%
55.77%
83.87%
67.38%
47.49%
18.93%
18.71%
16.99%
27.41%
23.03%
13.53%
36.45%
28.09%
15.58%
25.19%
10.61%
23.31%
28.67%
13.35%
17.92%
6.52%
17.37%
19.52%
8.79%
25.79%
20.78%
13.64%
19.04%
5.52%
9.30%
23.84%
106,222
114,509
79,637
81,102
94,264
74,702
79,939
79,907
75,715
83,241
118,971
80,517
80,520
159.83%
116.03%
107.06%
70.89%
41.11%
-5.69%
-11.35%
-11.96%
-4.24%
-7.38%
25.94%
-5.11%
-24.20%
1,119
1,142
767
895
1,031
831
934
961
859
1,039
1,538
1,021
1,067
45.61%
16.25%
2.59%
6.67%
-4.45%
-24.52%
-16.99%
-15.96%
9.18%
-4.78%
24.97%
11.66%
-4.69%
2004 Total
47.49%
28.67%
23.84%
80,520
-24.20%
1,067
-4.69%
9,165
7,367
796
45
40
80
6,464
4,922
30,438
4,677
4,957
29,236
1,450
2,112
28,955
2,939
7,003
29,561
9,165
33,285
37,234
116,119
16,156
18,141
76,910
8,416
8,672
70,952
15,298
23,765
58,503
7,367
0
0
0
0
1,789
3,473
1,045
160
1,738
320
140
1,520
796
0
0
0
0
0
10
10
0
0
20
0
14
45
0
0
0
0
0
40
10
100
100
230
0
1
40
0
0
0
0
0
0
0
0
0
0
0
40
80
9,165
7,367
796
45
40
80
DJ Euro STOXX Chemicals Future
0
110
995
0
8,538
2,399
9,037
3,281
230
5,726
505
118
5,655
3,152
17,137
12,729
4,745
13,294
3,507
4,547
19,434
3,070
4,152
14,192
5,726
60
0
170
135
185
78
50
18
127
90
81
1
0
0
0
0
0
309
1,448
795
260
1,798
415
165
3,348
505
360
20
146
176
814
177
389
59
394
46
212
488
118
5,726
505
118
0
77,762
40 105,614
DJ Euro STOXX Insurance Future
481
DJ Euro STOXX Financial Services Future
54
DJ Euro STOXX Energy Future
10,185
DJ Euro STOXX Construction Future
113,478
560,757
483,451
DJ Euro STOXX Healthcare Future
2004 Total
0
83,677
152,714
DJ Euro STOXX Food and Beverage Future
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
DJ Euro STOXX Basic Resources Future
2004 1. Quarter
DJ Euro STOXX Banks Future
2001 Total
2002 Total
2003 Total
DJ Euro STOXX Automobiles Future
Traded
Contract
DJ Euro STOXX Retail Future
Traded Contracts
DJ Euro STOXX Media Future
2.19.1
DJ Euro STOXX Industrial Goods and Services Future
Euro STOXX Sector Futures Breakdown by Individual Indices

DJ Euro STOXX Cyclical Goods and Services Future
2.19
82,321 47,967
303,315 279,535
281,967 192,907
DJ Euro STOXX Utilities Future
24.41%
17.55%
18.52%
DJ Euro STOXX Telecom_ Future
62.33%
73.17%
69.99%
DJ Euro STOXX Technology Future
2001 Total
2002 Total
2003 Total
DJ Euro STOXX Non-Cyclical Goods and Serv_ Future
2.18.2
ex_monthly
0
151,250
323,207
0
698
8,339
444
42
0
1,304
16,927
15
9,075
227
18
10
9,163
2,160
822
0
0
0
0
0
190
20
0
0
10
0
10
15
17,994
14,667
53,048
13,721
19,830
40,543
10,093
10,175
45,187
21,470
28,158
48,321
9,075
170
40
34
5
729
1,370
470
174
2,587
471
391
1,898
227
0
0
0
0
0
142
32
237
13
20
0
0
18
0
0
0
0
0
20
0
0
20
0
0
2
10
13,154
6,559
43,666
8,211
9,756
41,181
7,920
7,025
44,215
8,187
59,835
32,258
9,163
20,177
12,395
48,659
9,212
4,311
27,686
4,756
2,508
26,470
5,461
7,615
23,657
2,160
389
136
1,814
1,364
578
2,965
651
276
3,713
775
487
3,779
822
15
9,075
227
18
10
9,163
2,160
822
Eurex
Eurex
January 2004
11,953
24,252
21,276
0
799
0
0
0
0
0
0
0
7,262
4,926
2004 1. Quarter
10,539
21,107
1,293
36
40
80
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
8,830
8,568
9,381
7,717
7,275
12,091
12,062
11,888
11,506
11,452
12,929
13,094
10,539
27,987
37,551
20,450
21,612
21,629
20,664
21,417
20,894
19,073
25,295
35,767
21,276
21,107
0
0
0
0
1,789
1,684
699
859
839
739
739
799
1,293
0
0
0
0
0
10
20
20
0
20
20
0
36
0
0
0
0
0
40
30
100
0
110
110
0
40
0
0
0
0
0
0
0
0
0
0
0
0
80
2004 Total
10,539
21,107
1,293
36
40
80
DJ Euro STOXX Technology Future
DJ Euro STOXX Retail Future
DJ Euro STOXX Non-Cyclical Goods and Serv_ Future
DJ Euro STOXX Media Future
DJ Euro STOXX Insurance Future
DJ Euro STOXX Industrial Goods and Services Future
DJ Euro STOXX Healthcare Future
DJ Euro STOXX Food and Beverage Future

0
0
0
0
1,554
25
314
173
0
10
0
15,096
15,916
0
184
712
0
0
6,079
1,059
208
18,382
780
8,579
8,299
6,618
7,324
7,917
5,009
6,149
6,380
5,373
4,920
4,834
4,926
6,079
50
50
110
245
390
38
88
106
71
111
141
0
0
0
0
0
0
309
739
934
774
524
924
814
1,554
1,059
204
214
123
133
795
60
234
199
168
210
274
173
208
0
0
0
0
0
190
210
210
0
10
10
10
5
21,408
22,615
14,373
17,203
22,434
10,084
12,532
12,920
11,409
11,556
20,446
15,916
18,382
304
304
10
10
724
636
1,106
1,066
1,241
1,012
952
712
780
6,079
1,059
208
18,382
780
DJ Euro STOXX Utilities Future
0
8,615
13,094
page 41
DJ Euro STOXX Telecom_ Future
2001 Total
2002 Total
2003 Total
09.02.2004
DJ Euro STOXX Financial Services Future
DJ Euro STOXX Energy Future
DJ Euro STOXX Cyclical Goods and Services Future
DJ Euro STOXX Construction Future
DJ Euro STOXX Chemicals Future
DJ Euro STOXX Banks Future
Open
Interest
DJ Euro STOXX Basic Resources Future
Open Interest
DJ Euro STOXX Automobiles Future
2.19.2
ex_monthly
5,608
8,214
8,380
0
334
1,273
11,215
8,617
1,063
22,394
22,999
12,581
12,611
15,998
15,875
15,839
15,228
16,235
15,626
27,639
12,404
11,215
16,011
13,329
14,503
13,765
14,019
6,275
7,089
7,537
7,165
9,180
12,354
8,380
8,617
455
580
1,488
482
985
1,207
1,430
1,614
2,081
2,026
2,089
1,273
1,063
11,215
8,617
1,063
0
0
6,475
20,585
12,404
17
0
0
0
0
0
100
100
112
10
30
30
0
17
0
0
0
0
0
0
0
0
20
20
20
0
0
17
Eurex
Eurex
January 2004
2.20
STOXX 600 Sector Options
2.20.1
Traded Contracts
Trades
2002 Total
2003 Total
Traded Contracts
Calls
page 42
Puts
Total
Change YoY

Calls
Puts
Total
Change YoY
2,600
4,500
25,540
8,387
19,900
4,522
45,440
12,909
-71.59%
503
123
346
68
849
191
-77.51%
28
56
84
-96.64%
-96.21%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
1
11
0
2
2
2
1
7
0
7
4
1
3
2,000
1,500
0
0
0
0
0
1,000
0
0
0
0
0
500
70
0
1,250
1
1,000
1
2,900
0
1,413
1,250
2
28
2,000
2,000
0
0
1
1
0
0
0
20
500
0
56
2,500
2,070
0
1,250
2
1,001
1
2,900
0
1,433
1,750
2
84
-99.94%
-95.43%
-99.98%
-3.33%
-100.00%
258.25%
-79.41%
-99.60%
-96.64%
8
1
0
19
0
17
0
38
0
20
21
0
0
28
28
0
0
0
0
0
0
0
4
8
0
1
36
29
0
19
0
17
0
38
0
24
29
0
1
-99.97%
-96.07%
-99.99%
-30.56%
-100.00%
365.00%
-82.01%
-99.04%
-96.21%
2004 Total
28
56
84
-96.64%
-96.21%

Agent
2.20.3
09.02.2004
96
38
2004 1. Quarter
2.20.2
OTC-Trades
in Contracts
ex_monthly

Calls
Puts
Total
Change YoY

Calls
Puts
Total
Change YoY
2002 Total
2003 Total
97.13%
95.51%
2.42%
0.00%
0.45%
4.49%
10,565
7,065
5,400
900
15,965
7,965
-50.11%
213
106
96
13
308
120
-1
2004 1. Quarter
68.45%
14.88%
16.67%
7,093
956
8,049
-56.41%
107
14
121
-64.88%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
100.00%
98.31%
0.00%
0.00%
0.00%
1.69%
100.00%
50.00%
99.95%
50.00%
94.83%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
50.00%
0.05%
50.00%
5.17%
77.33%
100.00%
50.00%
68.45%
0.00%
0.00%
0.00%
14.88%
22.67%
0.00%
50.00%
16.67%
11,065
11,135
7,470
8,650
8,651
4,751
4,750
7,650
7,650
9,063
9,563
7,065
7,093
7,400
5,900
4,400
4,400
4,401
400
400
400
400
400
900
900
956
18,465
17,035
11,870
13,050
13,052
5,151
5,150
8,050
8,050
9,463
10,463
7,965
8,049
303.46%
-77.00%
-81.14%
-73.44%
-68.19%
-63.19%
-64.48%
-50.11%
-56.41%
221
222
152
170
170
80
80
118
118
138
146
106
107
124
103
77
77
77
5
5
5
5
5
13
13
14
344
324
229
247
247
85
85
123
123
143
160
120
121
270.94%
-80.20%
-83.48%
-78.47%
-74.12%
-70.16%
-71.45%
-61.22%
-64.88%
2004 Total
68.45%
14.88%
16.67%
7,093
956
8,049
-56.41%
107
14
121
-64.88%
Paid Premiums
Calls
Puts
Total

Calls
Puts
Total
Change YoY
18,392,555
6,152,475
15,775,100
2,112,895
34,167,655
8,265,370
-75.81%
2002 Total
2003 Total
720
734
793
467
752
640
2004 1. Quarter
389
290
323
10,890
16,240
27,130
-96.41%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
550
625
240
650
302
649
275,000
43,750
0
1,576,250
240
475,000
45
2,816,000
0
419,440
543,250
3,500
10,890
480,000
1,300,000
0
0
250
45
0
0
0
7,600
325,000
0
16,240
755,000
1,343,750
0
1,576,250
490
475,045
45
2,816,000
0
427,040
868,250
3,500
27,130
-99.97%
-97.17%
-100.00%
-33.03%
-100.00%
-40.42%
-55.70%
-93.64%
-96.41%
10,890
16,240
27,130
-96.41%
2004 Total
1,261
240
475
45
971
250
45
1,261
245
475
45
971
297
435
1,750
389
380
650
290
298
496
1,750
323
389
290
323
Eurex
Eurex
January 2004
09.02.2004
page 43
2002 Total
2003 Total
DJ STOXX 600 Technology Option
DJ STOXX 600 Insurance Option
DJ STOXX 600 Healthcare Option
Traded
Contracts
DJ STOXX 600 Utilities Option
DJ STOXX 600 Telecommunications Option
STOXX 600 Sector Options Breakdown by Individual Indices
DJ STOXX 600 Banks Option
2.21
ex_monthly
400
0
45,040
11,270
1,633
2004 1. Quarter
81
2003 J a n
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 J a n
0
0
0
0
0
0
0
0
0
0
0
0
0
2,500
2,070
0
1,250
0
1,000
0
1,700
0
1,000
1,750
0
81
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2
3
0
0
0
0
0
0
0
1,200
0
433
0
0
0
2004 Total
81
Eurex
Eurex
January 2004
2.22
STOXX 600 Sector Futures
2.22.1
Traded Contracts
Trades
ex_monthly
09.02.2004
page 44
Traded Contracts

Total
Change YoY
Total
Change YoY
1,264
2,019
1,203
35,279
159,759
88,678
352.84%
-44.49%
664
2,570
1,178
286.81%
-54.17%
92
5,838
173.31%
80
175.42%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
56
34
115
32
37
176
43
78
169
134
92
237
92
2,136
2,042
19,671
1,972
2,336
14,372
1,049
3,165
19,443
1,950
2,627
17,915
5,838
-35.95%
-60.68%
19.25%
-56.65%
-38.35%
-42.29%
-91.78%
-55.42%
-48.41%
-70.03%
-37.48%
-46.11%
173.31%
29
26
251
26
28
187
14
41
261
26
39
249
80
-58.28%
-72.25%
-20.11%
-69.61%
-61.26%
-55.97%
-93.01%
-65.22%
-53.65%
-70.51%
-36.16%
-47.66%
175.42%
2004 Total
92
5,838
173.31%
80
175.42%
2001 Total
2002 Total
2003 Total
2004 1. Quarter
300
200
180
250
140
Volume
200
120
150
100
80
100
60
40
50
20
0
Jan
Feb
Mar
Apr
May
Jun
Jul
2003
Aug
Sep
Oct
Nov
Dec
Jan
2004
Open Interest
160
Eurex
Eurex
January 2004
2.22.2
ex_monthly
09.02.2004
page 45

Agent

Total
Change YoY

Total
Change YoY
2001 Total
2002 Total
2003 Total
51.14%
64.29%
70.08%
20.25%
16.42%
18.38%
28.61%
19.29%
11.54%
4,142
10,892
7,621
162.96%
-30.03%
83
148
108
1
0
2004 1. Quarter
84.11%
4.10%
11.78%
12,127
10.92%
172
20.60%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
47.17%
65.45%
66.65%
50.76%
60.81%
62.94%
21.83%
72.07%
81.13%
39.44%
31.44%
85.65%
84.11%
18.89%
14.81%
30.68%
36.51%
25.30%
32.06%
50.19%
7.38%
3.56%
20.13%
31.92%
5.32%
4.10%
33.94%
19.74%
2.66%
12.73%
13.89%
5.00%
27.98%
20.55%
15.31%
40.44%
36.64%
9.03%
11.78%
10,933
9,963
9,062
10,427
9,552
5,634
5,491
7,363
7,121
7,520
7,383
7,621
12,127
145.30%
76.43%
43.02%
70.99%
30.40%
-33.25%
-45.80%
-28.39%
-51.34%
-51.68%
-56.27%
-30.03%
10.92%
142
124
111
141
131
69
68
93
91
102
103
108
172
68.93%
17.04%
-11.99%
22.25%
1.18%
-49.35%
-55.05%
-37.96%
-57.63%
-57.58%
-59.98%
-27.14%
20.60%
2004 Total
84.11%
4.10%
11.78%
12,127
10.92%
172
20.60%
Eurex
Eurex
January 2004
09.02.2004
page 46
2001 Total
2002 Total
2003 Total
DJ STOXX 600 Telecom_ Future
DJ STOXX 600 Technology Future
DJ STOXX 600 Insurance Future
DJ STOXX 600 Healthcare Future
Traded
Contracts
DJ STOXX 600 Utilities Future
STOXX 600 Sector Futures Breakdown by Individual Indices
DJ STOXX 600 Banks Future
2.23
ex_monthly
11,259
25,376
8,595
11,968
100,674
41,394
170
5,152
13,306
8,331
6,900
20,403
20,537
9,651
2004 1. Quarter
1,293
657
30
356
1,611
1,891
2003 J a n
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 J a n
0
558
2,088
367
351
1,779
305
41
1,485
177
30
1,414
1,293
1,457
1,201
12,043
1,274
641
4,660
344
1,560
8,230
887
1,942
7,155
657
0
0
0
0
0
10
10
10
20
60
0
60
30
167
153
262
301
43
2,007
155
398
2,279
175
26
2,365
356
512
130
5,278
30
1,301
5,086
235
488
2,995
206
275
4,001
1,611
0
0
0
0
0
830
0
668
4,434
445
354
2,920
1,891
2004 Total
1,293
657
30
356
1,611
1,891
Eurex
Eurex
January 2004
2.24
Global Titans Options
2.24.1
Traded Contracts
Trades
2001 Total
2002 Total
2003 Total
2.24.2
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
0
0
2
0
0
2
0
0
4
0
0
0
0
2004 Total
page 47
Traded Contracts
Calls
Puts
Total
0
0
0
83
10
18
21
30
30
104
40
48
0
0
4
0
0
10
0
0
4
0
0
0
0
0
0
0
0
0
30
0
0
0
0
0
0
0
0
0
4
0
0
40
0
0
4
0
0
0
0
0
0
0
0
0
0
Change YoY

Calls
-61.54%
20.00%
Puts
Total
Change YoY
3
0
0
1
1
1
3
1
1
-76.64%
25.51%
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
1
-100.00%

Agent
2001 Total
2002 Total
2003 Total
8.17%
50.00%
50.00%
39.42%
0.00%
0.00%
52.40%
50.00%
50.00%
2004 1. Quarter
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
50.00%
0.00%
50.00%
50.00%
0.00%
50.00%
50.00%
0.00%
50.00%
2004 Total
2.24.3
09.02.2004
OTC-Trades
in Contracts
17
3
8
2004 1. Quarter
ex_monthly

Calls
Puts
Total
Change YoY

Calls
Puts
Total
Change YoY
0
10
0
0
30
0
0
40
0
-100.00%
0
0
0
0
1
0
0
1
0
-1
-100.00%
-100.00%
10
10
10
10
10
0
0
0
0
0
0
0
0
30
30
30
30
30
0
0
0
0
0
0
0
0
40
40
40
40
40
0
0
0
0
0
0
0
0
-100.00%
-100.00%
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1
1
1
1
0
0
0
0
0
0
0
0
1
1
1
1
1
0
0
0
0
0
0
0
0
-100.00%
-100.00%
-100.00%
-100.00%
Paid Premiums
Calls
Puts
2001 Total
2002 Total
2003 Total
1,211
2,220
528
790
1,630
1,350
Total

Calls
Puts
Total
Change YoY
1,126
1,778
1,042
100,530
22,200
9,500
16,580
48,900
40,500
117,110
71,100
50,000
-39.29%
-29.68%
0
0
1,120
0
0
3,800
0
0
4,580
0
0
0
0
0
0
0
0
0
40,500
0
0
0
0
0
0
0
0
0
1,120
0
0
44,300
0
0
4,580
0
0
0
0
2004 1. Quarter
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
2004 Total
280
380
1,145
280
1,350
1,108
1,145
-100.00%
Eurex
Eurex
January 2004
2.25
Global Titans Futures
2.25.1
Traded Contracts
Trades
09.02.2004
page 48
Traded Contracts

Total
Change YoY
Total
Change YoY
96
114
80
871
965
2,017
10.79%
109.02%
27
26
39
-1.72%
49.29%
-100.00%
-100.00%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
2
0
2
0
0
5
0
0
5
0
4
62
0
2
0
56
0
0
61
0
0
68
0
100
1,730
0
-92.59%
-100.00%
-86.24%
-100.00%
-100.00%
-60.13%
-100.00%
-100.00%
112.50%
-100.00%
-95.66%
-100.00%
-91.41%
-100.00%
-100.00%
-67.27%
-100.00%
-100.00%
117.33%
-100.00%
3226.92%
-100.00%
0
0
1
0
0
1
0
0
1
0
2
34
0
3103.98%
-100.00%
2004 Total
-100.00%
-100.00%
2001 Total
2002 Total
2003 Total
2004 1. Quarter
2.25.2
ex_monthly

Agent
2001 Total
2002 Total
2003 Total
36.22%
42.54%
42.57%
10.87%
23.94%
51.02%
52.91%
33.52%
6.41%
2004 1. Quarter
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
2004 Total
50.00%
0.00%
50.00%
50.00%
0.00%
50.00%
50.00%
0.00%
50.00%
50.00%
0.00%
50.00%
0.00%
44.22%
100.00%
53.76%
0.00%
2.02%

Total
Change YoY
Open Intererst in CHF million

Total
Change YoY
76
26
415
-65.79%
1496.15%
2
1
8
-1
15
415
1382.14%
1539.56%
28
28
28
28
28
33
33
33
35
35
35
415
415
-72.28%
-78.29%
-81.82%
-82.05%
-85.71%
-50.00%
-52.86%
-61.63%
40.00%
34.62%
34.62%
1496.15%
1382.14%
1
0
0
1
1
1
1
1
1
1
1
8
8
-83.01%
-86.85%
-89.28%
-87.46%
-89.93%
-58.58%
-55.59%
-64.16%
43.89%
28.91%
20.28%
1514.73%
1539.56%
415
1382.14%
1539.56%
Eurex
Eurex
January 2004
Eurex Equity Products
3.1
Options on German Equities
3.1.1
Traded Contracts
Trades
1998
1999
2000
2001
2002
2003
Total
Total
Total
Total
Total
Total
OTC-Trades
in Contracts
Traded Contracts
Calls
ex_monthly
09.02.2004
page 49
Puts
Total
Change YoY

Calls
Puts
Total
Change YoY
1,047,355
937,303
1,075,014
1,267,745
1,309,551
1,212,102
0
5,739,180
19,398,546
50,886,752
50,038,892
67,095,540
19,431,574
20,859,256
28,360,051
43,847,250
44,277,289
67,166,970
11,422,208
15,321,741
21,014,225
36,748,263
40,834,385
53,044,791
30,853,782
36,180,997
49,374,276
80,595,513
85,111,674
120,211,761
219.16%
17.27%
36.46%
63.23%
5.60%
41.24%
196,707
157,297
220,643
274,807
192,376
143,293
105,194
110,300
158,661
230,099
190,655
97,149
309,575
267,597
379,304
504,905
383,032
240,443
64.76%
-13.56%
41.74%
33.11%
-24.14%
-37.23%
2004 1. Quarter
124,500
8,011,457
7,735,049
6,177,443
13,912,492
51.12%
19,659
13,199
32,859
65.69%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
97,758
75,266
97,229
95,724
88,905
104,898
101,570
102,967
112,444
114,088
114,782
106,471
124,500
5,511,243
4,169,155
4,437,552
5,450,713
5,728,692
7,290,542
6,286,150
4,731,860
6,423,303
6,814,413
5,632,265
4,619,652
8,011,457
5,151,911
3,916,208
4,904,545
5,765,900
5,377,258
7,545,922
6,004,919
4,977,105
6,105,117
6,405,265
5,613,598
5,399,222
7,735,049
4,054,302
3,495,027
4,046,835
4,054,155
4,251,965
4,609,314
4,814,193
4,246,803
4,954,266
5,346,535
5,092,781
4,078,615
6,177,443
9,206,213
7,411,235
8,951,380
9,820,055
9,629,223
12,155,236
10,819,112
9,223,908
11,059,383
11,751,800
10,706,379
9,477,837
13,912,492
3.71%
4.62%
44.29%
17.82%
11.83%
105.32%
53.60%
88.54%
56.18%
51.54%
39.67%
67.94%
51.12%
11,781
8,177
9,697
10,548
11,080
16,631
13,840
10,548
12,728
13,202
12,460
12,600
19,659
8,051
6,753
6,285
6,489
7,727
9,015
9,002
7,904
9,218
9,425
9,250
8,030
13,199
19,832
14,930
15,982
17,037
18,807
25,647
22,842
18,452
21,946
22,628
21,710
20,630
32,859
-63.15%
-57.81%
-51.10%
-67.36%
-64.52%
-19.75%
-28.38%
-10.75%
10.00%
19.10%
13.60%
54.47%
65.69%
2004 Total
124,500
8,011,457
7,735,049
6,177,443
13,912,492
51.12%
19,659
13,199
32,859
65.69%
60,000
30,000
50,000
Volume
25,000
40,000
20,000
30,000
15,000
20,000
10,000
10,000
5,000
0
0
Jan
Feb
Mar
Apr
May
Jun
Jul
2003
Aug
Sep
Oct
Nov
Dec
Jan
2004
Open Interest
35,000
Eurex
Eurex
January 2004
ex_monthly
09.02.2004
page 50
Options on German Equities

3.1.2
Open Interest and Market Sha re per Account Group

Agent
3.1.3

Calls
Puts
Total
Change YoY
61.06%
59.44%
58.45%
57.70%
63.64%
60.65%
1,228,506
2,107,431
2,936,456
5,714,637
7,504,011
9,201,599
812,996
1,758,467
2,198,102
4,254,516
4,767,769
7,752,165
2,041,502
3,865,898
5,134,558
9,969,153
12,271,780
16,953,764
386.47%
89.37%
32.82%
94.16%
23.10%
38.15%
6,782
14,498
20,703
28,640
21,132
21,270
3,846
10,535
12,839
17,691
10,528
13,894
10,627
25,033
33,541
46,331
31,659
35,164
-37.09%
135.55%
33.99%
38.13%
-31.67%
11.07%
28.26%
9.31%
62.43%
11,419,166
10,021,486
21,440,652
36.93%
26,420
18,767
45,187
18.72%
28.56%
26.21%
27.65%
29.43%
29.12%
27.17%
30.44%
26.37%
29.18%
31.14%
31.83%
29.89%
28.26%
13.29%
11.24%
10.76%
11.64%
10.21%
8.75%
9.42%
11.66%
9.16%
9.10%
10.03%
9.97%
9.31%
58.15%
62.55%
61.59%
58.93%
60.66%
64.08%
60.15%
61.97%
61.66%
59.76%
58.14%
60.14%
62.43%
9,420,335
10,225,291
9,294,264
10,684,052
11,730,787
9,568,664
11,190,284
12,197,899
11,754,217
13,483,602
13,993,247
9,201,599
11,419,166
6,238,083
6,734,786
6,380,966
7,251,041
7,949,002
6,993,806
8,484,879
9,479,081
9,222,901
10,658,929
11,334,918
7,752,165
10,021,486
15,658,418
16,960,077
15,675,230
17,935,093
19,679,789
16,562,470
19,675,163
21,676,980
20,977,118
24,142,531
25,328,165
16,953,764
21,440,652
28.03%
26.36%
38.56%
43.90%
61.06%
79.17%
88.26%
91.53%
44.37%
49.10%
40.05%
38.15%
36.93%
25,378
27,193
24,077
26,524
28,862
22,428
26,599
28,797
27,994
31,219
32,683
21,270
26,420
12,685
13,208
11,936
12,515
13,559
11,943
14,670
16,442
16,171
18,549
19,845
13,894
18,767
38,063
40,401
36,012
39,040
42,421
34,372
41,269
45,239
44,165
49,769
52,528
35,164
45,187
-34.43%
-36.09%
-35.20%
-38.96%
-29.82%
-24.04%
-15.71%
-11.96%
1.85%
7.74%
5.26%
11.07%
18.72%
28.26%
9.31%
62.43%
11,419,166
10,021,486
21,440,652
36.93%
26,420
18,767
45,187
18.72%
24.86%
22.94%
24.89%
25.39%
23.20%
29.03%
2004 1. Quarter
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
2004 Total
Change YoY

Calls
Puts
14.08%
17.62%
16.65%
16.91%
13.16%
10.32%
1998 Total
1999 Total
2000 Total
2001 Total
2002 Total
2003 Total
Total
Paid Premiums
Calls
Puts
1998
1999
2000
2001
2002
2003
Total

Calls
Puts
Total
Change YoY
Total
Total
Total
Total
Total
Total
380
319
564
321
229
139
440
496
970
1,400
1,014
185
402
394
737
813
606
159
7,376,260,178
6,656,082,569
16,005,138,051
14,068,286,521
10,118,869,289
9,317,710,328
5,022,181,017
7,598,084,606
20,386,513,350
51,438,485,512
41,425,229,210
9,795,058,482
12,398,441,144
14,254,167,075
36,391,651,401
65,506,772,033
51,544,098,499
19,112,768,810
46.89%
14.97%
155.31%
80.00%
-21.31%
-62.92%
2004 1. Quarter
250
104
185
1,936,405,558
643,950,767
2,580,356,325
20.50%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
133
111
94
124
167
237
147
136
130
109
108
125
250
359
406
221
251
255
178
149
132
111
100
79
83
104
233
250
152
177
206
214
148
134
121
105
94
107
185
685,413,692
434,933,698
462,269,242
717,607,245
899,236,004
1,785,120,796
882,006,881
677,269,658
793,468,861
699,720,499
605,015,228
675,648,524
1,936,405,558
1,455,889,851
1,419,911,728
895,724,344
1,018,116,618
1,086,073,890
821,253,179
715,730,035
558,512,081
547,552,467
532,449,571
404,737,183
339,107,535
643,950,767
2,141,303,543
1,854,845,426
1,357,993,586
1,735,723,863
1,985,309,894
2,606,373,975
1,597,736,916
1,235,781,739
1,341,021,328
1,232,170,070
1,009,752,411
1,014,756,059
2,580,356,325
-75.87%
-30.60%
-40.21%
-81.98%
-82.42%
-24.29%
-50.33%
-34.45%
-38.48%
-57.33%
-47.35%
-20.07%
20.50%
2004 Total
250
104
185
1,936,405,558
643,950,767
2,580,356,325
20.50%
Eurex
Eurex
January 2004
ex_monthly
09.02.2004
page 51
3.2
Options on German Equities Breakdown by Individual Securities
3.2.1
Traded Contracts - January 2004

Trades
adidas-Salomon
Aixtron
Allianz
Altana
BASF
Bayer
BMW
Commerzbank
Continental
DaimlerChrysler
Degussa
Deutsche Bank
Deutsche Brse
Deutsche Post
Deutsche Telekom
E.ON
EM.TV & Merchandising
Epcos
Fresenius Medical Care
Henkel Pr.
Hypo-Vereinsbank
Infineon Technologies
Intershop
Karstadt
Linde
Lufthansa VNA
MAN
Metro
MLP
Mobilcom
Mnchener Rck VNA
Porsche
Qiagen
RWE
SAP
Schering
Siemens
Thyssen Krupp
T-Online
TUI
Volkswagen
879
131
15,142
1,125
3,007
4,173
2,078
3,707
353
7,436
44
6,838
537
1,119
14,438
2,878
6
529
330
451
2,795
8,104
0
396
456
1,414
570
772
665
59
11,684
902
141
3,514
8,915
2,116
10,389
1,612
259
1,380
3,156
OTC-Trades
in Contracts
Traded Contracts
Calls
Puts
Total
2,750
0
1,901,583
1,000
54,045
164,953
46,405
70,549
30,800
484,889
0
723,973
4,550
25,400
855,438
120,492
0
0
1,750
650
56,724
303,080
6,905
3,388
1,673,009
7,339
75,113
175,287
52,747
149,660
21,928
365,842
394
543,959
10,969
47,300
1,097,809
108,872
40
3,064
3,225
3,816
89,073
337,313
0
13,378
4,817
45,804
16,644
13,319
11,633
549
868,909
7,787
1,629
147,615
743,273
40,023
807,209
110,179
5,443
40,140
79,646
4,634
849
1,448,259
8,246
59,223
126,654
54,707
86,508
14,578
364,659
170
413,168
3,190
14,774
650,120
86,814
240
5,099
2,850
2,875
49,880
335,801
0
21,151
2,297
58,730
9,561
33,571
5,740
1,187
926,253
8,308
841
121,859
686,086
34,765
345,446
48,856
7,070
26,678
105,746
11,539
4,237
3,121,268
15,585
134,336
301,941
107,454
236,168
36,506
730,501
564
957,127
14,159
62,074
1,747,929
195,686
280
8,163
6,075
6,691
138,953
673,114
0
34,529
7,114
104,534
26,205
46,890
17,373
1,736
1,795,162
16,095
2,470
269,474
1,429,359
74,788
1,152,655
159,035
12,513
66,818
185,392
24,400
800
52,750
17,050
29,988
5,000
0
1,002,228
3,750
0
139,427
777,225
43,840
846,872
102,144
4,000
24,670
88,282
Change YoY
5.23%
105.48%
119.29%
297.07%
1.83%
76.48%
88.10%
212.79%
2513.17%
-10.21%
-87.08%
12.07%
86.65%
253.24%
18.46%
41.26%
-44.00%
-6.19%
-59.37%
44.05%
279.82%
5.91%
-100.00%
1285.59%
134.48%
-4.82%
367.61%
3.95%
-58.36%
290.11%
339.03%
71.02%
108.79%
185.57%
-7.04%
153.09%
41.46%
447.21%
-11.32%
281.45%
22.89%

Calls
Puts
Total
Change YoY
71
2
1,841
34
348
465
198
257
72
1,448
1
3,661
53
87
1,811
590
0
7
19
25
198
439
42
0
1,371
38
256
290
189
130
40
1,257
1
2,411
14
25
978
415
0
10
15
18
96
371
113
3
3,212
72
604
755
387
387
112
2,705
2
6,072
67
111
2,789
1,005
0
17
34
43
294
810
26.52%
126.36%
130.13%
431.91%
21.13%
118.13%
106.99%
495.57%
4800.52%
-2.85%
-86.44%
46.61%
130.88%
475.08%
38.07%
69.42%
-36.40%
49.46%
-40.53%
62.52%
403.03%
56.81%
27
22
67
46
47
21
1
921
34
2
483
1,066
178
4,520
163
7
75
351
39
10
80
25
110
10
2
854
36
1
360
881
142
2,141
71
7
46
419
66
31
148
71
157
31
2
1,775
71
3
843
1,947
321
6,661
235
14
121
770
1392.34%
183.17%
38.13%
797.96%
59.55%
-28.81%
1726.21%
263.00%
92.14%
258.92%
207.64%
39.97%
148.77%
79.13%
595.04%
72.64%
364.58%
31.62%
Eurex
Eurex
January 2004
3.2.2
ex_monthly
09.02.2004
page 52
Open Interest and Market Share per Account Group - January 2004

Agent
adidas-Salomon
Aixtron
Allianz
Altana
BASF
Bayer
BMW
Commerzbank
Continental
DaimlerChrysler
Degussa
Deutsche Bank
Deutsche Brse
Deutsche Post
Deutsche Telekom
E.ON
Epcos
Henkel Pr.
Hypo-Vereinsbank
Intershop
Karstadt
Linde
Lufthansa VNA
MAN
Metro
MLP
Mobilcom
Mnchener Rck VNA
Porsche
Qiagen
RWE
SAP
Schering
Siemens
Thyssen Krupp
T-Online
TUI
Volkswagen
25.36%
41.02%
29.87%
32.05%
33.02%
29.78%
28.64%
33.75%
46.12%
27.80%
34.66%
24.43%
24.69%
36.60%
28.06%
33.25%
75.00%
38.48%
36.81%
25.39%
33.94%
33.65%
28.84%
9.56%
10.05%
28.50%
10.35%
7.44%
9.10%
13.79%
3.42%
4.69%
36.44%
4.96%
16.27%
19.69%
11.50%
6.58%
25.00%
15.03%
27.35%
21.92%
13.99%
7.87%
45.81%
49.42%
60.07%
39.45%
56.63%
62.79%
62.25%
52.46%
50.46%
67.51%
28.90%
70.61%
59.04%
43.71%
60.44%
60.17%
0.00%
46.49%
35.84%
52.69%
52.07%
58.48%
68.79%
17.97%
33.82%
43.01%
37.48%
39.27%
41.47%
30.51%
33.12%
45.22%
22.19%
28.05%
36.23%
16.31%
18.06%
32.53%
33.92%
24.49%
11.97%
20.23%
12.53%
16.53%
12.55%
26.39%
38.42%
10.36%
20.63%
10.97%
5.82%
6.61%
22.98%
8.47%
14.89%
27.81%
26.53%
6.79%
19.24%
61.80%
53.65%
40.46%
49.97%
34.34%
20.10%
59.12%
46.25%
43.81%
71.99%
65.34%
40.79%
75.22%
67.05%
39.66%
39.54%
68.72%

Calls
Puts
11,283
3,232
2,219,642
7,400
132,022
310,555
91,567
182,440
19,510
769,353
298
706,184
12,616
62,818
1,876,383
185,500
45
5,586
8,515
4,885
134,816
577,081
0
13,205
12,293
144,964
22,187
25,094
14,945
458
1,552,689
7,990
1,825
233,139
1,189,217
49,943
525,711
43,629
6,266
44,435
209,445
6,061
3,699
2,082,233
6,946
130,120
304,700
78,746
153,931
20,079
647,826
325
627,783
4,886
22,875
1,102,084
136,693
255
6,177
9,654
4,309
131,519
964,476
0
12,251
6,622
132,323
13,619
43,362
7,285
967
1,327,938
10,242
1,303
151,092
922,251
47,509
527,972
72,190
7,613
84,283
207,287
Total
17,344
6,931
4,301,875
14,346
262,142
615,255
170,313
336,371
39,589
1,417,179
623
1,333,967
17,502
85,693
2,978,467
322,193
300
11,763
18,169
9,194
266,335
1,541,557
0
25,456
18,915
277,287
35,806
68,456
22,230
1,425
2,880,627
18,232
3,128
384,231
2,111,468
97,452
1,053,683
115,819
13,879
128,718
416,732
Change YoY
4.67%
102.07%
54.32%
374.88%
35.52%
131.68%
133.63%
80.16%
1033.06%
19.14%
-93.58%
-12.33%
55.50%
208.61%
18.47%
61.44%
-77.49%
-26.51%
-7.52%
11.29%
293.96%
41.74%
-100.00%
499.39%
68.72%
46.45%
198.23%
34.17%
-50.59%
-0.28%
387.14%
114.87%
0.32%
161.98%
-26.49%
166.44%
-7.27%
168.98%
11.09%
438.01%
59.79%

Calls
Puts
105
2
2,315
38
590
746
347
301
65
2,961
1
4,487
60
112
2,884
966
0
10
52
32
274
787
0
28
53
195
56
89
25
1
1,629
37
2
711
1,624
221
3,557
71
7
81
897
47
2
1,730
32
510
600
259
211
53
2,023
1
3,276
20
36
1,425
607
0
11
50
25
212
750
0
22
24
148
30
138
11
1
1,145
42
1
397
1,005
188
2,761
99
8
105
764
Total
153
4
4,044
70
1,100
1,346
606
512
118
4,984
2
7,763
81
147
4,309
1,572
0
21
102
57
485
1,537
0
50
78
343
86
227
36
2
2,774
79
3
1,109
2,629
409
6,318
169
15
186
1,661
Change YoY
11.30%
-3.29%
-2.62%
471.43%
43.43%
101.19%
133.04%
143.78%
2043.71%
5.12%
-94.18%
-15.18%
86.21%
320.89%
21.45%
64.87%
-78.08%
-34.87%
48.27%
8.49%
259.20%
34.42%
-100.00%
475.08%
67.97%
54.48%
335.96%
90.95%
-46.66%
14.93%
229.86%
131.49%
15.17%
134.78%
-11.27%
138.07%
10.92%
203.48%
55.80%
376.15%
45.75%
Eurex
Eurex
January 2004
ex_monthly
09.02.2004
page 53
Options on German Equities Breakdown by Individual Securities

3.2.3
Paid Premiums - January 2004

Calls
Puts
adidas-Salomon
Aixtron
Allianz
Altana
BASF
Bayer
BMW
Commerzbank
Continental
DaimlerChrysler
Degussa
Deutsche Bank
Deutsche Brse
Deutsche Post
Deutsche Telekom
E.ON
Epcos
Henkel Pr.
Hypo-Vereinsbank
Intershop
Karstadt
Linde
Lufthansa VNA
MAN
Metro
MLP
Mobilcom
Mnchener Rck VNA
Porsche
Qiagen
RWE
SAP
Schering
Siemens
Thyssen Krupp
T-Online
TUI
Volkswagen
Total
359
72
56
530
190
150
184
66
138
240
111
413
198
98
91
196
22
142
268
202
143
61
194
49
47
148
156
148
174
61
57
179
219
285
101
64
67
190
18
135
192
158
99
96
293
68
52
328
175
149
179
64
106
209
143
358
176
90
82
193
19
138
233
183
127
78
185
191
91
226
183
229
74
39
604
74
173
96
139
1,348
267
51
187
187
167
172
52
129
219
79
88
36
102
62
98
61
176
314
59
29
72
219
174
185
69
190
209
180
83
37
345
70
139
79
156
1,038
203
39
141
206

Calls
Puts
Total
Change YoY
2,479,271
245,216
93,403,325
3,887,878
14,234,564
26,295,315
9,681,654
9,927,598
3,023,258
87,647,754
43,575
224,419,335
2,175,093
4,628,698
99,922,899
21,316,914
880
435,135
865,789
771,350
12,735,351
20,680,926
0
2,481,580
919,474
4,169,286
3,755,524
2,438,067
2,666,695
40,390
33,563,369
4,702,467
120,200
25,469,557
71,461,067
5,573,189
1,088,059,997
29,454,399
279,969
7,504,428
14,924,122
898,441
41,590
68,084,242
1,222,694
9,220,008
18,763,356
9,533,373
5,237,447
833,093
65,117,911
37,270
117,757,704
321,170
951,854
43,468,889
16,495,233
4,380
690,337
547,961
455,235
4,935,548
32,128,635
0
3,522,408
394,883
3,076,287
1,230,231
7,365,056
454,549
104,115
33,488,243
846,357
52,211
11,981,530
41,991,828
6,116,343
108,382,427
2,895,718
205,475
1,913,661
23,183,074
3,377,712
286,806
161,487,567
5,110,572
23,454,572
45,058,671
19,215,027
15,165,045
3,856,351
152,765,665
80,845
342,177,039
2,496,263
5,580,552
143,391,788
37,812,147
5,260
1,125,472
1,413,750
1,226,585
17,670,899
52,809,561
0
6,003,988
1,314,357
7,245,573
4,985,755
9,803,123
3,121,244
144,505
67,051,612
5,548,824
172,411
37,451,087
113,452,895
11,689,532
1,196,442,424
32,350,117
485,444
9,418,089
38,107,196
44.36%
281.35%
14.46%
25.92%
-26.81%
6.81%
22.06%
203.35%
3527.39%
-58.19%
-81.81%
-20.97%
142.00%
406.46%
-20.44%
12.09%
50.29%
10.79%
-85.52%
-23.54%
281.86%
-58.62%
-100.00%
1824.40%
169.13%
-37.75%
765.64%
-18.60%
-40.40%
738.88%
0.79%
249.37%
94.59%
107.52%
19.20%
51.59%
150.23%
2065.65%
-30.56%
179.42%
6.17%
Eurex
Eurex
January 2004
3.3
Options on SMI Component Equities
3.3.1
Traded Contracts
Trades
1997
1998
1999
2000
2001
2002
2003
OTC-Trades
in Contracts
Traded Contracts
Calls
ex_monthly
09.02.2004
page 54
Puts
Total
Change YoY

Calls
Puts
Total
Change YoY
23.60%
-2.58%
16.43%
0.90%
-12.86%
-28.35%
Total
Total
Total
Total
Total
Total
Total
300,862
549,148
535,714
473,272
426,010
502,462
0
1,772,621
7,621,858
11,135,540
14,350,620
17,886,832
21,099,449
17,128,777
16,782,505
18,765,040
18,473,396
19,319,661
25,616,900
11,928,476
12,976,211
11,788,023
16,883,481
16,765,737
15,176,677
20,685,321
33,027,925
30,104,988
28,570,528
35,648,521
35,239,133
34,496,338
46,302,221
-8.85%
-5.10%
24.77%
-1.15%
-2.11%
34.22%
68,041
75,824
79,232
84,274
85,594
79,850
58,027
43,547
62,144
55,130
72,168
72,261
57,699
40,525
111,588
137,924
134,362
156,443
157,854
137,548
98,552
2004 1. Quarter
43,904
1,857,685
2,755,332
2,050,528
4,805,860
21.91%
6,360
4,306
10,666
32.62%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
39,667
31,450
44,676
42,402
41,050
48,364
41,593
45,689
48,654
42,354
41,557
35,006
43,904
1,695,662
1,165,411
1,435,675
1,782,057
1,501,255
1,903,260
1,689,360
1,486,430
1,436,623
1,309,364
1,354,191
1,127,544
1,857,685
2,332,986
1,576,263
2,327,514
2,535,434
1,898,516
2,671,677
2,016,185
2,481,376
2,207,922
2,003,913
1,999,033
1,566,081
2,755,332
1,609,241
1,442,341
1,844,946
1,662,845
1,693,734
2,071,745
1,997,259
1,879,614
1,906,786
1,591,632
1,569,699
1,415,479
2,050,528
3,942,227
3,018,604
4,172,460
4,198,279
3,592,250
4,743,422
4,013,444
4,360,990
4,114,708
3,595,545
3,568,732
2,981,560
4,805,860
51.00%
-3.07%
28.26%
37.07%
45.03%
85.16%
41.98%
100.69%
23.18%
-1.64%
16.94%
25.84%
21.91%
4,867
3,516
4,854
5,516
4,317
6,399
4,639
4,927
5,668
4,847
4,778
3,700
6,360
3,175
2,919
3,164
3,171
3,262
3,974
3,761
3,559
3,943
3,179
3,301
3,117
4,306
8,042
6,435
8,018
8,687
7,580
10,373
8,400
8,486
9,611
8,025
8,079
6,817
10,666
-40.22%
-56.34%
-51.40%
-46.31%
-38.16%
-15.53%
-35.30%
-7.75%
10.56%
-8.10%
16.53%
21.61%
32.62%
2004 Total
43,904
1,857,685
2,755,332
2,050,528
4,805,860
21.91%
6,360
4,306
10,666
32.62%
12,000
25,000
10,000
20,000
Volume
15,000
6,000
10,000
4,000
5,000
2,000
Jan
Feb
Mar
Apr
May
Jun
Jul
2003
Aug
Sep
Oct
Nov
Dec
Jan
2004
Open Interest
8,000
Eurex
Eurex
January 2004
ex_monthly
09.02.2004
page 55
Options on SMI Component Equities

3.3.2

Agent
3.3.3

Calls
Puts
Total
Change YoY

Calls
Puts
Total
Change YoY
-1.08%
21.23%
23.39%
20.80%
-35.13%
-7.14%
1997 Total
1998 Total
1999 Total
2000 Total
2001 Total
2002 Total
2003 Total
32.39%
28.14%
24.81%
26.21%
22.17%
28.01%
3.80%
6.46%
9.25%
10.98%
9.73%
9.56%
63.80%
65.40%
65.93%
62.81%
68.09%
62.43%
1,330,079
1,473,977
1,935,839
2,357,902
2,554,392
3,575,809
3,669,285
1,880,293
1,032,373
1,866,449
2,293,958
2,095,025
2,818,751
3,347,211
3,210,372
2,506,350
3,802,288
4,651,860
4,649,417
6,394,560
7,016,496
-8.74%
51.71%
22.34%
-0.05%
37.53%
9.73%
8,416
8,630
8,873
10,924
14,220
9,838
8,691
5,402
5,038
7,697
9,523
10,479
6,184
6,187
13,818
13,668
16,570
20,446
24,698
16,022
14,877
2004 1. Quarter
27.63%
10.67%
61.70%
4,777,618
4,209,023
8,986,641
12.04%
11,168
7,931
19,099
2.24%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
26.51%
26.86%
28.46%
28.63%
30.23%
26.21%
26.75%
29.28%
27.97%
27.99%
28.77%
28.95%
27.63%
11.27%
6.94%
6.21%
7.61%
10.08%
12.31%
14.23%
8.29%
8.75%
9.44%
8.42%
10.57%
10.67%
62.23%
66.20%
65.33%
63.77%
59.69%
61.48%
59.02%
62.44%
63.28%
62.57%
62.81%
60.48%
61.70%
4,559,375
5,008,960
4,516,081
5,125,944
5,522,835
4,553,768
5,224,223
5,868,950
5,209,572
5,710,820
6,040,024
3,669,285
4,777,618
3,461,261
3,788,772
3,509,692
3,743,655
4,100,796
3,578,998
4,317,711
4,726,146
4,301,047
4,670,915
4,923,670
3,347,211
4,209,023
8,020,636
8,797,732
8,025,773
8,869,599
9,623,631
8,132,766
9,541,934
10,595,096
9,510,619
10,381,735
10,963,694
7,016,496
8,986,641
44.33%
33.66%
38.65%
37.17%
40.66%
48.88%
54.37%
64.12%
15.07%
11.62%
11.06%
9.73%
12.04%
11,537
12,563
10,498
11,397
12,415
10,325
11,615
12,922
11,904
12,942
13,676
8,691
11,168
7,143
7,869
6,624
6,731
7,308
6,192
7,500
8,331
7,716
8,260
8,810
6,187
7,931
18,680
20,432
17,122
18,129
19,723
16,516
19,115
21,253
19,619
21,202
22,486
14,877
19,099
-36.10%
-39.17%
-41.33%
-44.56%
-42.47%
-37.58%
-34.94%
-21.59%
-19.25%
-18.68%
-15.93%
-7.14%
2.24%
2004 Total
27.63%
10.67%
61.70%
4,777,618
4,209,023
8,986,641
12.04%
11,168
7,931
19,099
2.24%
Paid Premiums
Calls
Puts
1997
1998
1999
2000
2001
2002
2003
Total
Total
Total
Total
Total
Total
Total
373
340
247
241
198
168
98
2004 1. Quarter
235
260
217
179
240
235
119
Total

Calls
Puts
Total
Change YoY
323
306
234
212
218
197
107
4,902,553,129
5,825,180,933
4,137,860,587
4,525,201,594
3,665,784,539
3,245,975,698
2,501,433,324
1,745,729,099
3,378,040,060
2,559,002,744
3,026,484,737
4,019,053,479
3,563,045,186
2,469,905,450
6,648,282,227
9,203,220,987
6,696,863,325
7,551,686,330
7,684,838,018
6,809,020,884
4,971,338,774
40.55%
-27.23%
12.76%
1.76%
-11.40%
-26.99%
95
94
95
261,001,462
193,455,816
454,457,278
0.02%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
86
76
85
109
105
104
109
99
116
89
88
97
95
158
211
167
178
159
94
85
70
86
76
103
67
94
115
140
121
136
131
100
97
87
103
83
95
83
95
199,779,278
119,466,266
198,879,282
275,570,634
199,664,609
278,405,032
219,282,960
246,441,553
257,166,672
177,385,563
176,891,772
152,499,703
261,001,462
254,592,702
304,394,095
307,581,075
296,431,017
269,266,695
195,267,487
170,155,264
130,799,075
164,673,983
120,355,726
161,476,932
94,911,398
193,455,816
454,371,981
423,860,362
506,460,357
572,001,652
468,931,304
473,672,519
389,438,225
377,240,628
421,840,655
297,741,288
338,368,704
247,411,101
454,457,278
-19.35%
-31.47%
-21.67%
-15.33%
-19.97%
-20.54%
-50.69%
-28.68%
-23.43%
-47.08%
-12.94%
-18.08%
0.02%
2004 Total
95
94
95
261,001,462
193,455,816
454,457,278
0.02%
Eurex
Eurex
January 2004
ex_monthly
09.02.2004
page 56
3.4
Options on SMI Component Equities Breakdown by Individual Securities
3.4.1

Trades
ABB Asea Brown Boveri B

Adecco N
Baloise Holding
Ciba Speciality Chemicals R
Clariant R
Credit Suisse Group R
Givaudan
HOLCIM
Julius Br
Kudelski
Lonza Group
Nestl R
Novartis R
Richemont
Roche NES
Serono
SGS Surveillance
Sulzer AG
Swatch Group R
Swiss Life Holding
Swiss Re R
Swisscom N
Syngenta
UBS R
Unaxis
Zurich Allied
3.4.2
2,277
3,975
454
1,037
929
4,089
305
519
279
523
972
4,055
4,832
135
2,342
713
459
59
293
2,093
2,485
1,073
371
3,581
580
5,474
OTC-Trades
in Contracts
Traded Contracts
Calls
225,424
54,225
4,500
10,000
12,640
207,283
2,250
1,000
0
0
6,500
437,890
138,680
3,000
92,960
1,000
500
0
1,050
81,836
292,672
29,089
1,200
112,482
3,100
138,404
341,163
99,047
5,113
61,846
29,395
212,131
4,988
13,751
3,122
6,009
16,677
452,017
264,494
4,321
107,489
8,817
5,689
536
7,083
125,905
457,551
48,502
20,201
146,752
31,471
281,262
Puts
Total
197,581
75,269
12,276
49,814
35,622
203,288
3,124
4,318
2,592
2,532
14,417
436,802
194,694
6,874
56,611
4,430
3,430
1,053
3,015
102,973
222,223
25,790
23,698
95,133
10,332
262,637
538,744
174,316
17,389
111,660
65,017
415,419
8,112
18,069
5,714
8,541
31,094
888,819
459,188
11,195
164,100
13,247
9,119
1,589
10,098
228,878
679,774
74,292
43,899
241,885
41,803
543,899
Change YoY

Calls
3.44%
516.76%
49.54%
620.81%
-24.46%
-11.59%
-48.65%
-0.14%
-35.40%
613.49%
64.24%
-18.05%
80.91%
15.18%
8.16%
-66.47%
-13.46%
257.70%
30.72%
68.63%
-32.12%
18.24%
227.58%
8.16%
255
678
29
62
64
1,038
33
89
16
26
132
1,488
1,590
14
1,373
85
47
2
23
316
413
220
17
1,332
60
528
Puts
Total
Change YoY
122
385
64
47
68
926
19
27
11
10
93
1,353
1,048
20
673
39
25
3
9
225
192
102
19
772
19
452
377
1,063
93
109
132
1,964
52
116
28
36
225
2,840
2,638
34
2,046
124
72
5
33
541
605
322
36
2,104
78
980
32.71%
638.66%
49.41%
518.07%
7.50%
-5.19%
30.96%
53.24%
17.62%
522.34%
74.80%
-10.59%
116.78%
37.24%
29.11%
-47.67%
23.30%
688.27%
12.77%
68.17%
-33.41%
50.86%
465.41%
30.90%
Agent
Adecco N
Baloise Holding
Clariant R
Givaudan
HOLCIM
Julius Br
Kudelski
Lonza Group
Nestl R
Novartis R
Richemont
Roche NES
Serono
SGS Surveillance
Sulzer AG
Swatch Group R
Swiss Life Holding
Swiss Re R
Swisscom N
Syngenta
UBS R
Unaxis
Zurich Allied
38.04%
30.05%
37.50%
30.52%
37.23%
24.51%
33.40%
44.79%
36.79%
34.10%
30.91%
20.35%
20.45%
21.72%
23.15%
28.10%
32.20%
43.06%
33.97%
40.79%
28.37%
29.20%
34.14%
18.32%
41.73%
30.87%
11.08%
23.57%
29.43%
16.53%
13.15%
2.65%
2.77%
3.37%
9.06%
16.87%
24.45%
4.38%
8.98%
35.46%
4.36%
4.45%
19.73%
22.71%
9.57%
22.98%
16.01%
6.12%
10.42%
9.38%
12.81%
11.84%
50.88%
46.38%
33.07%
52.95%
49.62%
72.84%
63.83%
51.84%
54.15%
49.03%
44.64%
75.27%
70.57%
42.81%
72.49%
67.45%
48.07%
34.22%
56.46%
36.23%
55.62%
64.69%
55.44%
72.29%
45.46%
57.29%

Calls
Puts
535,822
86,051
7,407
160,847
44,039
492,777
9,383
15,961
9,039
6,930
29,269
808,386
491,283
6,198
205,603
12,409
4,827
1,888
10,736
147,079
723,340
78,562
44,436
336,002
24,881
484,463
511,469
57,911
13,397
112,553
39,776
508,897
10,219
11,383
9,062
6,743
16,782
796,416
374,608
9,855
153,531
9,179
3,146
3,577
6,993
145,901
535,068
72,271
43,058
197,268
13,750
546,210
Total
Change YoY
1,047,291
143,962
20,804
273,400
83,815
1,001,674
19,602
27,344
18,101
13,673
46,051
1,604,802
865,891
16,053
359,134
21,588
7,973
5,465
17,729
292,980
1,258,408
150,833
87,494
533,270
38,631
1,030,673
10.76%
217.03%
32.83%
24.78%
5.89%
-19.62%
-55.43%
85.86%
-51.65%
12.26%
18.97%
-10.98%
86.71%
16.84%
1.10%
-58.62%
-1.97%
230.79%
8.18%
28.84%
8.44%
7.99%
55.85%
4.37%

Calls
Puts
367
636
42
155
109
2,416
59
97
38
29
223
2,501
2,938
19
2,446
119
36
5
32
335
679
347
38
2,848
47
878
214
306
68
104
74
2,034
57
65
34
24
109
2,289
1,914
27
1,636
78
22
9
19
263
444
285
32
1,438
23
815
Total
580
942
109
259
183
4,450
116
162
72
53
332
4,790
4,852
47
4,082
197
59
14
51
598
1,123
632
69
4,285
70
1,693
Change YoY
-23.99%
233.31%
16.59%
-18.82%
14.89%
-21.32%
-5.83%
109.13%
-60.28%
-9.22%
6.89%
-15.77%
98.85%
18.37%
2.24%
-57.80%
11.90%
385.80%
-18.75%
22.49%
-0.05%
20.91%
107.75%
10.26%
Eurex
Eurex
January 2004
3.4.3
ex_monthly
09.02.2004
page 57

Calls
Puts
Adecco N
Baloise Holding
Clariant R
Givaudan
HOLCIM
Julius Br
Kudelski
Lonza Group
Nestl R
Novartis R
Richemont
Roche NES
Serono
SGS Surveillance
Sulzer AG
Swatch Group R
Swiss Life Holding
Swiss Re R
Swisscom N
Syngenta
UBS R
Unaxis
Zurich Allied
52
398
232
33
110
243
166
172
183
290
279
102
167
148
659
276
326
124
128
165
38
85
32
340
100
68
48
552
301
33
95
310
184
191
193
222
334
96
160
122
380
402
230
68
143
94
59
109
23
192
89
106
Total
Paid Premiums in CHF

Calls
Puts
Total
Change YoY
50
465
281
33
102
276
173
176
187
270
304
99
164
132
563
318
290
87
132
133
45
93
27
282
97
87
17,607,091
39,451,367
1,185,001
2,028,240
3,234,100
51,574,773
826,976
2,362,486
570,339
1,740,217
4,656,499
45,978,631
44,228,157
641,032
70,861,661
2,432,899
1,852,483
66,372
908,010
20,727,479
17,500,276
4,099,796
642,170
49,953,525
3,156,406
19,254,747
9,538,611
41,523,907
3,697,494
1,650,287
3,399,913
63,106,823
574,427
824,622
500,297
562,194
4,809,106
42,116,961
31,081,771
835,704
21,513,710
1,780,398
788,317
71,609
429,824
9,684,410
13,215,954
2,810,552
545,228
18,279,704
915,042
27,814,719
27,145,702
80,975,274
4,882,495
3,678,527
6,634,013
114,681,596
1,401,403
3,187,108
1,070,636
2,302,411
9,465,605
88,095,592
75,309,928
1,476,736
92,375,371
4,213,297
2,640,800
137,981
1,337,834
30,411,889
30,716,230
6,910,348
1,187,398
68,233,229
4,071,448
47,069,466
-54.17%
646.98%
-5.60%
283.06%
-1.08%
-1.22%
-32.68%
2.49%
-44.06%
604.44%
49.25%
-46.42%
9.82%
50.58%
-13.29%
-76.96%
-36.73%
198.63%
-9.32%
22.97%
-52.15%
-17.44%
308.59%
-17.12%
Eurex
Eurex
January 2004
3.5
Options on French Equities
3.5.1
Traded Contracts
Trades
2000
2001
2002
2003
3.5.2
OTC-Trades
in Contracts
Traded Contracts
Calls
ex_monthly
09.02.2004
page 58
Puts
Total

Calls
Puts
Total
Change YoY
8731.04%
106.36%
503.27%
8
636
696
4,640
7
259
325
1,081
15
895
1,020
5,721
5994.32%
14.04%
460.76%
312,700
423.40%
1,047
231
1,278
396.11%
59,744
36,432
85,482
73,459
95,110
179,567
213,566
152,457
169,775
135,683
122,718
163,435
312,700
446.01%
234.61%
621.00%
300.69%
521.67%
1343.23%
557.57%
707.12%
399.13%
245.57%
384.21%
872.08%
423.40%
236
103
293
269
270
526
670
483
465
366
340
621
1,047
22
23
53
56
106
111
155
73
129
132
117
104
231
258
126
347
325
376
637
825
556
593
498
457
725
1,278
162.28%
71.54%
387.18%
200.41%
406.15%
854.03%
440.23%
682.00%
649.90%
485.72%
418.86%
1283.68%
396.11%
312,700
423.40%
1,047
231
1,278
396.11%
Total
Change YoY
Total
Total
Total
Total
107
5,136
8,307
14,395
0
9,974
82,381
1,052,163
556
78,220
156,720
1,122,628
797
41,264
89,842
364,800
1,353
119,484
246,562
1,487,428
2004 1. Quarter
1,884
240,824
245,370
67,330
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
878
494
943
1,124
1,125
1,386
1,254
1,487
1,437
1,601
1,328
1,338
1,884
44,260
26,201
57,669
37,101
61,839
133,385
165,210
107,850
124,090
86,353
81,415
126,790
240,824
48,628
27,523
65,878
55,707
54,294
136,701
170,157
127,404
126,575
93,639
89,068
127,054
245,370
11,116
8,909
19,604
17,752
40,816
42,866
43,409
25,053
43,200
42,044
33,650
36,381
67,330
2004 Total
1,884
240,824
245,370
67,330
Change YoY

Agent

Calls
Puts

Calls
Puts
Total
Change YoY
750.59%
197.28%
1032.51%
3
24
43
574
5
16
19
151
7
40
63
725
434.41%
57.28%
1054.94%
401,971
632.13%
1,271
262
1,533
539.75%
54,904
71,749
102,174
120,045
167,005
168,511
240,380
301,185
278,251
334,626
329,006
220,217
401,971
337.90%
374.72%
601.60%
728.64%
782.60%
1316.53%
981.77%
1111.23%
683.58%
992.26%
753.36%
1032.51%
632.13%
209
220
295
407
516
595
795
967
789
945
924
574
1,271
31
42
61
71
128
91
120
131
182
232
243
151
262
240
262
356
478
644
686
915
1,098
971
1,178
1,167
725
1,533
139.59%
182.66%
284.73%
435.53%
489.93%
891.74%
744.31%
884.44%
888.20%
985.47%
814.78%
1054.94%
539.75%
401,971
632.13%
1,271
262
1,533
539.75%
2000 Total
2001 Total
2002 Total
2003 Total
43.20%
42.88%
47.47%
55.18%
6.80%
21.06%
24.06%
26.00%
50.00%
36.07%
28.48%
18.82%
234
3,666
12,125
161,602
535
2,875
7,320
58,615
769
6,541
19,445
220,217
2004 1. Quarter
56.78%
27.80%
15.42%
313,623
88,348
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
58.20%
49.66%
52.58%
41.78%
55.37%
59.41%
56.16%
50.02%
54.75%
61.24%
58.87%
54.07%
56.78%
30.23%
37.69%
29.48%
28.08%
25.67%
22.21%
23.04%
32.84%
26.97%
17.73%
19.91%
31.43%
27.80%
11.57%
12.66%
17.94%
30.14%
18.96%
18.38%
20.80%
17.15%
18.28%
21.03%
21.22%
14.50%
15.42%
41,209
53,285
79,111
93,872
120,125
133,596
203,015
249,550
204,996
246,184
244,628
161,602
313,623
13,695
18,464
23,063
26,173
46,880
34,915
37,365
51,635
73,255
88,442
84,378
58,615
88,348
2004 Total
56.78%
27.80%
15.42%
313,623
88,348
Eurex
Eurex
January 2004
3.5.3
ex_monthly
09.02.2004
page 59
Paid Premiums
Calls
Puts
2000
2001
2002
2003
Total

Calls
Puts
Total
Change YoY
Total
Total
Total
Total
539
297
123
188
424
449
247
139
471
349
168
176
299,591
23,195,195
19,204,867
211,611,978
337,937
18,526,571
22,203,047
50,538,591
637,528
41,721,766
41,407,914
262,150,569
6444.30%
-0.75%
533.09%
2004 1. Quarter
242
108
214
59,471,808
7,291,927
66,763,735
351.86%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
261
127
224
214
154
185
138
140
179
130
199
324
242
188
404
206
155
187
86
87
78
131
195
87
115
108
247
195
220
200
168
162
128
130
167
150
169
277
214
12,690,937
3,492,830
14,750,529
11,928,895
8,367,524
25,334,701
23,546,334
17,822,973
22,646,489
12,130,270
17,765,307
41,135,189
59,471,808
2,084,308
3,595,908
4,040,652
2,746,975
7,644,514
3,685,359
3,786,790
1,966,410
5,644,511
8,207,408
2,937,978
4,197,778
7,291,927
14,775,245
7,088,738
18,791,181
14,675,870
16,012,038
29,020,060
27,333,124
19,789,383
28,291,000
20,337,678
20,703,285
45,332,967
66,763,735
701.20%
163.78%
735.98%
335.40%
518.78%
1001.44%
381.25%
423.07%
318.04%
445.17%
554.33%
1457.61%
351.86%
2004 Total
242
108
214
59,471,808
7,291,927
66,763,735
351.86%
Eurex
Eurex
January 2004
ex_monthly
09.02.2004
page 60
3.6
Options on French Equities Breakdown by Individual Securities
3.6.1

Trades
Accor
Accor*
AGF
AGF*
Air Liquide
Air Liquide*
Alcatel A
Alcatel A*
Aventis
Aventis*
AXA-UAP
AXA-UAP*
BNP Paribas
BNP Paribas*
Bouygues
Bouygues*
Cap Gemini
Cap Gemini*
Carrefour
Carrefour*
Casino Guichard
Casino Guichard*
Credit Agricole
Credit Agricole*
Danone
Danone*
Dexia
Dexia*
EADS
EADS*
France Telecom
France Telecom*
Lafarge
Lafarge*
L'Oral
L'Oral*
LVMH
LVMH*
Orange
Peugeot
Peugeot*
Pinault-Printemps
Pinault-Printemps*
Renault
Renault*
Saint-Gobin
Saint-Gobin*
Sanofi-Synthelabo
Sanofi-Synthelabo*
Schneider Electric
Schneider Electric*
Societe Generale A
Societe Generale A*
Sodexho Alliance
Sodexho Alliance*
STMicroelectronics
STMicroelectronics*
Suez
Suez*
TF1
TF1*
Thales
Thales*
Thomson
Thomson*
Total Fina
Total Fina*
Vinci
Vinci*
Veolia Environnement
Veolia Environnement*
Vivendi Universal
Vivendi Universal*
OTC-Trades
in Contracts
2
3
1
0
37
9
64
5
438
113
99
3
71
11
0
16
0
0
76
4
0
3
0
0
52
8
2
0
16
0
73
0
14
6
73
37
24
14
0
5
2
6
0
11
5
9
0
42
56
0
3
12
4
0
1
8
1
41
5
2
0
10
2
0
1
185
97
0
0
21
9
71
1
*this options have a French domestic type expiration
7,850
0
900
0
0
14,700
6,880
17,016
7,230
5,574
17,630
6,042
7,440
0
0
3,000
500
4,122
0
500
1,000
0
4,900
0
1,800
800
18,699
15,090
300
900
4,050
4,000
1,050
500
0
1,500
1,786
0
0
0
1,500
1,300
8,150
1,650
11,000
0
0
2,870
1,500
3,500
3,050
2,000
13,480
4,060
400
0
0
0
0
6,750
655
0
0
3,000
0
1,950
18,250
Traded Contracts
Calls
7,850
10
1,100
0
949
117
11,509
6,338
26,013
9,861
7,002
15,190
6,439
7,868
0
550
0
1,500
1,782
2,130
0
72
500
0
2,388
186
4,930
0
2,318
800
19,624
15,090
700
62
5,202
4,705
1,786
1,013
0
1,528
0
629
0
24
1,610
1,521
8,150
3,306
12,685
0
52
3,587
806
0
9
3,298
5
13,168
4,251
800
0
420
86
0
9
7,658
1,456
0
0
3,780
286
3,312
7,350
Puts
Total
20
28
0
0
163
65
7,197
981
5,307
4,379
5,459
3,000
2,147
80
0
0
0
1,500
676
2,259
0
0
0
0
197
0
0
0
78
0
2,661
0
104
1,030
216
263
0
0
0
8
1,896
0
0
82
0
156
0
665
685
0
30
247
1,152
0
3,500
465
2,000
3,563
35
0
0
0
0
0
0
1,951
764
0
0
20
78
1,298
10,925
7,870
38
1,100
0
1,112
182
18,706
7,319
31,320
14,240
12,461
18,190
8,586
7,948
0
550
0
3,000
2,458
4,389
0
72
500
0
2,585
186
4,930
0
2,396
800
22,285
15,090
804
1,092
5,418
4,968
1,786
1,013
0
1,536
1,896
629
0
106
1,610
1,677
8,150
3,971
13,370
0
82
3,834
1,958
0
3,509
3,763
2,005
16,731
4,286
800
0
420
86
0
9
9,609
2,220
0
0
3,800
364
4,610
18,275
Change YoY
296.20%
-47.57%
84.09%
-55.06%
1441.15%
64.33%
28.69%
-19.49%

Calls
Puts
Total
29
0
5
0
0
0
29
0
5
15
2
15
7
153
55
13
29
37
43
0
2
4
1
8
1
29
22
10
5
10
0
0
0
18
2
24
9
182
78
23
34
47
44
0
2
6
8
10
5
3
9
11
11
19
1
1
0
0
1
1
33
3
6
0
3
1
47
36
5
0
36
33
9
6
0
7
0
5
0
0
10
6
34
20
78
0
0
24
5
3
0
0
0
0
0
6
0
1
7
1
2
0
0
0
0
7
0
0
0
0
1
0
4
4
0
0
2
7
35
3
6
0
3
1
53
36
5
7
38
34
9
6
0
7
7
5
0
1
10
6
34
24
82
0
0
26
12
0
9
0
21
6
2
8
1
4
6
0
0
8
10
4
27
6
2
1
0
0
0
117
22
0
0
8
1
7
15
0
0
0
0
27
11
0
0
0
0
2
21
1
0
0
0
144
32
0
0
8
1
10
36
Change YoY
293.56%
-29.91%
159.06%
-50.42%
1443.18%
54.01%
41.65%
1.81%
Eurex
Eurex
January 2004
3.6.2
ex_monthly
09.02.2004
page 61
Agent
Accor
Accor*
AGF
AGF*
Air Liquide
Air Liquide*
Alcatel A
Alcatel A*
Aventis
Aventis*
AXA-UAP
AXA-UAP*
BNP Paribas
BNP Paribas*
Bouygues
Bouygues*
Cap Gemini
Cap Gemini*
Carrefour
Carrefour*
Casino Guichard
Casino Guichard*
Credit Agricole
Credit Agricole*
Danone
Danone*
Dexia
Dexia*
EADS
EADS*
France Telecom
France Telecom*
Lafarge
Lafarge*
L'Oral
L'Oral*
LVMH
LVMH*
Orange
Peugeot
Peugeot*
Pinault-Printemps
Pinault-Printemps*
Renault
Renault*
Saint-Gobin
Saint-Gobin*
Sanofi-Synthelabo
Sanofi-Synthelabo*
Schneider Electric
Schneider Electric*
Societe Generale A
Societe Generale A*
Sodexho Alliance
Sodexho Alliance*
STMicroelectronics
STMicroelectronics*
Suez
Suez*
TF1
TF1*
Thales
Thales*
Thomson
Thomson*
Total Fina
Total Fina*
Vinci
Vinci*
Vivendi Universal
Vivendi Universal*
50.00%
0.00%
50.00%
49.87%
0.00%
50.00%
0.13%
100.00%
0.00%
51.22%
32.14%
56.01%
47.34%
47.81%
42.33%
44.97%
89.86%
45.90%
49.84%
24.35%
1.92%
30.69%
12.84%
27.32%
19.14%
24.83%
8.22%
44.46%
48.19%
24.43%
65.93%
13.30%
39.81%
24.87%
38.54%
30.20%
1.92%
9.64%
1.97%
0.00%
0.00%
100.00%
50.00%
30.31%
52.70%
0.00%
31.75%
46.96%
50.00%
37.94%
0.34%
20.83%
50.00%
0.00%
0.00%
79.17%
50.00%
58.65%
16.40%
70.49%
14.58%
0.00%
13.39%
26.77%
83.60%
16.13%
50.00%
50.00%
66.62%
57.29%
50.00%
50.00%
31.54%
76.42%
50.00%
50.00%
46.77%
50.00%
16.51%
33.13%
36.07%
42.26%
45.70%
13.18%
33.03%
33.96%
3.23%
0.00%
16.87%
9.58%
13.93%
7.74%
22.76%
10.40%
16.97%
16.04%
17.45%
70.73%
50.00%
81.38%
29.01%
38.16%
1.17%
0.26%
11.84%
50.00%
46.58%
73.85%
54.91%
61.71%
51.50%
0.00%
46.58%
20.87%
45.09%
17.77%
38.48%
50.00%
6.83%
5.28%
0.00%
20.52%
10.02%
0.00%
63.45%
70.17%
0.00%
16.51%
29.32%
100.00%
20.04%
0.51%
78.37%
46.70%
49.88%
53.97%
53.72%
50.00%
21.37%
43.82%
49.88%
35.56%
45.85%
50.00%
0.26%
9.47%
0.25%
10.46%
0.43%
0.00%
50.00%
0.00%
17.02%
0.00%
32.98%
100.00%
0.00%
43.57%
43.60%
0.00%
37.67%
22.68%
100.00%
18.76%
33.72%
84.21%
0.27%
39.72%
85.57%
5.26%
0.00%
36.03%
7.93%
10.53%
99.73%
24.25%
6.50%

Calls
Puts
7,850
10
4,190
0
1,639
371
21,210
3,388
20,991
4,983
9,815
17,310
10,452
1,971
933
572
0
1,500
3,883
6,573
0
72
1,300
0
3,772
211
4,780
2,000
4,191
800
19,350
16,202
1,729
612
4,892
4,630
2,558
175
3,210
3,780
1,150
1,196
227
24
1,701
3,183
8,245
3,689
11,455
101
52
4,425
2,332
0
9
3,947
1,755
17,181
6,789
2,784
0
2,620
86
604
29
10,138
2,403
2,014
151
4,090
616
17,472
11,250
275
28
1,000
0
170
65
4,630
7,266
3,199
984
3,927
130
1,637
1,624
0
5
0
1,600
707
4,034
0
0
0
0
114
15
1,270
0
84
0
4,047
2,688
107
1,515
369
288
11
0
0
1,437
1,896
36
190
72
0
2,834
50
267
666
0
30
193
1,152
0
3,500
1,166
11,500
3,966
35
0
0
0
0
0
31
1,955
962
0
7
20
81
3,388
11,125
Total
8,125
38
5,190
0
1,809
436
25,840
10,654
24,190
5,967
13,742
17,440
12,089
3,595
933
577
0
3,100
4,590
10,607
0
72
1,300
0
3,886
226
6,050
2,000
4,275
800
23,397
18,890
1,836
2,127
5,261
4,918
2,569
175
3,210
5,217
3,046
1,232
417
96
1,701
6,017
8,295
3,956
12,121
101
82
4,618
3,484
0
3,509
5,113
13,255
21,147
6,824
2,784
0
2,620
86
604
60
12,093
3,365
2,014
158
4,110
697
20,860
22,375
Change YoY
205.20%
13.89%
193.56%
-10.54%
289.24%
69.33%
28.14%
76.80%
189.72%

Calls
Puts
29
0
19
0
23
5
26
4
124
28
18
32
60
10
2
2
0
6
18
30
0
1
3
0
53
3
7
2
6
1
46
40
11
3
35
32
16
1
6
15
5
10
2
0
10
12
34
23
70
1
0
32
17
0
0
11
4
28
10
8
0
7
0
1
0
154
34
16
1
8
1
35
21
1
0
3
0
2
1
5
8
17
5
6
0
7
6
0
0
0
6
3
17
0
0
0
0
1
0
2
0
0
0
8
6
1
10
2
2
0
0
0
5
7
0
2
0
0
11
0
1
4
0
0
1
7
0
8
2
19
6
0
0
0
0
0
0
0
27
13
0
0
0
0
6
21
Total
30
0
22
0
26
6
31
12
141
33
24
32
67
16
2
2
0
12
21
47
0
1
3
0
54
3
8
2
6
1
55
46
12
13
37
34
16
1
6
21
12
10
3
1
10
23
34
24
74
1
0
33
23
0
8
13
23
34
10
8
0
7
0
1
0
181
47
16
1
8
2
41
43
Change YoY
190.12%
51.51%
329.08%
3.38%
417.12%
60.73%
191.28%
96.06%
239.38%
Eurex
Eurex
January 2004
3.6.3
ex_monthly
09.02.2004
page 62

Calls
Puts
Accor
Accor*
AGF
AGF*
Air Liquide
Air Liquide*
Alcatel A
Alcatel A*
Aventis
Aventis*
AXA-UAP
AXA-UAP*
BNP Paribas
BNP Paribas*
Bouygues
Bouygues*
Cap Gemini
Cap Gemini*
Carrefour
Carrefour*
Casino Guichard
Casino Guichard*
Credit Agricole
Credit Agricole*
Danone
Danone*
Dexia
Dexia*
EADS
EADS*
France Telecom
France Telecom*
Lafarge
Lafarge*
L'Oral
L'Oral*
LVMH
LVMH*
Orange
Peugeot
Peugeot*
Pinault-Printemps
Pinault-Printemps*
Renault
Renault*
Saint-Gobin
Saint-Gobin*
Sanofi-Synthelabo
Sanofi-Synthelabo*
Schneider Electric
Schneider Electric*
Societe Generale A
Societe Generale A*
Sodexho Alliance
Sodexho Alliance*
STMicroelectronics
STMicroelectronics*
Suez
Suez*
TF1
TF1*
Thales
Thales*
Thomson
Thomson*
Total Fina
Total Fina*
Vinci
Vinci*
Vivendi Universal
Vivendi Universal*
Total
74
134
315
213
115
74
120
315
495
243
169
42
300
360
135
103
259
186
384
30
63
61
148
66
44
3
67
18
478
167
128
45
274
270
95
86
211
184
232
205
251
109
232
190
162
192
231
152
198
226
152
231
152
392
292
209
82
368
292
209
870
420
159
200
705
118
350
149
1,130
420
101
845
420
146
200
677
310
343
145
1,130
420
282
58
232
281
232
920
259
70
387
112
239
264
245
290
383
248
70
358
112
248
270
236
882
865
118
39
154
193
828
446
52
213
141
120
190
274
105
24
59
77
47
105
190
59
111
189
274
46
486
322
171
68
920
84
223
65
223
65
43
490
235
287
228
43
449
233
312
76
206
221
151
75
90
98
311
76
174
148

Calls
Puts
Total
580,900
1,340
346,500
0
469,425
28,409
1,942,600
266,580
7,810,127
3,547,732
945,760
1,558,425
1,667,545
1,461,167
0
127,520
0
307,500
446,872
231,570
0
16,656
76,000
0
935,489
54,360
1,031,660
0
2,016,100
336,000
3,128,762
3,020,340
493,553
7,305
1,821,988
701,939
2,018,779
425,198
0
431,328
0
578,715
0
6,225
112,860
588,013
909,025
789,783
3,343,625
0
12,248
3,165,023
696,988
0
468
702,493
705
1,579,095
808,140
218,800
0
93,462
5,590
0
387
3,750,491
342,174
0
0
1,179,158
21,710
683,651
1,627,550
4,260
3,230
0
0
62,520
1,951
451,713
59,884
784,581
290,855
239,604
9,000
143,310
1,440
0
0
0
285,000
109,205
434,710
0
0
0
0
16,104
0
0
0
7,886
0
122,364
0
50,570
331,350
36,909
17,804
0
0
0
464
440,028
0
0
20,095
0
13,026
0
193,140
262,232
0
3,540
9,522
177,208
0
368,500
11,000
118,000
274,033
1,660
0
0
0
0
0
0
559,650
174,256
0
0
3,020
5,850
117,003
1,075,450
585,160
4,570
346,500
0
531,945
30,360
2,394,313
326,464
8,594,708
3,838,587
1,185,364
1,567,425
1,810,855
1,462,607
0
127,520
0
592,500
556,077
666,280
0
16,656
76,000
0
951,593
54,360
1,031,660
0
2,023,986
336,000
3,251,126
3,020,340
544,123
338,655
1,858,897
719,743
2,018,779
425,198
0
431,792
440,028
578,715
0
26,320
112,860
601,039
909,025
982,923
3,605,857
0
15,788
3,174,545
874,196
0
368,968
713,493
118,705
1,853,128
809,800
218,800
0
93,462
5,590
0
387
4,310,141
516,430
0
0
1,182,178
27,560
800,654
2,703,000
Change YoY
284.20%
-55.98%
24.80%
-61.25%
745.22%
163.96%
-17.01%
18.25%
Eurex
Eurex
January 2004
3.7
Options on Dutch Equities
3.7.1
Traded Contracts
Trades
2000
2001
2002
2003
3.7.2
OTC-Trades
in Contracts
09.02.2004
page 63
Traded Contracts
Calls
Puts
Total
Change YoY
210.18%
224.18%
153.40%

Calls
Puts
Total
Change YoY
871
1,766
3,969
7,347
541
1,186
2,970
4,394
1,413
2,952
6,939
11,741
108.99%
135.02%
69.21%
Total
Total
Total
Total
4,972
22,820
51,159
73,142
88,513
151,012
868,163
4,275,997
161,490
484,387
1,455,143
3,903,174
107,845
351,031
1,253,113
2,959,529
269,335
835,418
2,708,256
6,862,703
2004 1. Quarter
6,934
543,697
584,241
288,335
872,576
68.60%
1,206
702
1,908
91.88%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
6,064
4,810
7,919
7,057
5,436
5,535
7,429
5,887
6,043
7,215
5,884
3,863
6,934
293,871
267,258
220,927
282,936
276,717
256,818
502,245
505,933
537,021
565,357
335,774
231,140
543,697
290,884
200,082
314,837
257,402
281,860
232,950
448,954
467,415
398,587
487,609
298,506
224,088
584,241
226,653
229,640
162,162
275,999
176,854
212,672
320,200
273,204
337,074
328,262
248,831
167,978
288,335
517,537
429,722
476,999
533,401
458,714
445,622
769,154
740,619
735,661
815,871
547,337
392,066
872,576
317.29%
446.75%
542.01%
448.76%
378.67%
447.78%
31.64%
78.65%
121.22%
181.27%
77.97%
71.98%
68.60%
672
396
660
490
453
433
761
733
728
997
570
455
1,206
322
297
281
352
294
320
432
367
486
553
404
285
702
994
694
941
842
746
754
1,192
1,100
1,214
1,550
974
740
1,908
193.10%
182.00%
333.16%
212.33%
184.80%
188.67%
-36.26%
-6.07%
62.87%
159.92%
81.95%
74.20%
91.88%
2004 Total
6,934
543,697
584,241
288,335
872,576
68.60%
1,206
702
1,908
91.88%

Agent
3.7.3
ex_monthly

Calls
Puts
Total

Calls
Puts
Total
Change YoY
91.39%
280.16%
118.75%
268
360
1,011
1,467
156
231
610
1,124
423
591
1,621
2,591
39.63%
174.17%
59.83%
1,646,432
79.76%
1,801
1,217
3,019
57.17%
915,892
1,107,843
1,258,671
1,216,259
1,335,502
1,502,360
1,720,688
1,771,016
1,934,137
1,553,895
1,629,250
1,562,524
1,646,432
332.46%
370.98%
406.08%
462.55%
441.57%
455.80%
235.14%
175.15%
168.20%
146.97%
120.95%
118.75%
79.76%
1,183
1,294
1,512
1,402
1,543
1,656
1,787
1,821
2,042
1,529
1,561
1,467
1,801
737
863
952
897
958
1,065
1,104
1,171
1,267
1,122
1,197
1,124
1,217
1,921
2,157
2,464
2,299
2,501
2,721
2,891
2,992
3,309
2,651
2,758
2,591
3,019
199.49%
197.93%
227.37%
239.88%
232.52%
225.05%
88.47%
60.63%
75.32%
74.03%
68.94%
59.83%
57.17%
1,646,432
79.76%
1,801
1,217
3,019
57.17%
2000 Total
2001 Total
2002 Total
2003 Total
25.63%
30.28%
24.52%
42.86%
15.66%
14.82%
14.88%
15.51%
58.72%
54.90%
60.60%
41.64%
60,334
111,768
364,981
798,379
37,838
76,124
349,305
764,145
98,172
187,892
714,286
1,562,524
2004 1. Quarter
38.44%
17.00%
44.56%
932,054
714,378
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
34.50%
40.42%
32.31%
36.70%
44.32%
44.16%
48.15%
39.48%
55.44%
47.48%
40.50%
40.68%
38.44%
17.39%
16.27%
9.79%
16.16%
13.69%
17.28%
15.62%
12.64%
14.90%
15.89%
16.97%
21.90%
17.00%
48.12%
43.31%
57.89%
47.14%
41.99%
38.56%
36.23%
47.88%
29.66%
36.63%
42.53%
37.42%
44.56%
457,521
535,085
637,867
622,016
738,183
815,208
930,690
939,390
1,040,747
821,297
836,586
798,379
932,054
458,371
572,758
620,804
594,243
597,319
687,152
789,998
831,626
893,390
732,598
792,664
764,145
714,378
2004 Total
38.44%
17.00%
44.56%
932,054
714,378
Change YoY
Paid Premiums
Calls
Puts
2000
2001
2002
2003
Total

Calls
Puts
Total
Change YoY
Total
Total
Total
Total
368
168
174
146
260
232
269
129
325
195
218
138
59,489,296
81,309,578
252,854,942
568,490,263
28,082,966
81,360,708
337,084,095
381,096,095
87,572,262
162,670,286
589,939,037
949,586,358
85.76%
262.66%
60.96%
2004 1. Quarter
118
135
123
68,687,522
38,882,210
107,569,732
10.30%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
165
120
103
253
168
111
174
226
93
95
119
103
118
218
253
241
162
124
114
79
77
74
97
110
77
135
188
191
150
206
151
113
134
171
84
96
115
92
123
48,037,808
23,939,548
32,453,200
65,146,571
47,448,093
25,805,625
77,993,839
105,704,426
37,026,085
46,338,824
35,475,668
23,120,576
68,687,522
49,485,472
58,075,324
39,010,434
44,814,265
21,904,601
24,346,726
25,417,856
20,926,736
24,922,591
31,778,479
27,397,564
13,016,047
38,882,210
97,523,280
82,014,872
71,463,634
109,960,836
69,352,694
50,152,351
103,411,695
126,631,162
61,948,676
78,117,303
62,873,232
36,136,623
107,569,732
482.35%
591.57%
873.44%
646.80%
639.45%
244.73%
-43.80%
21.16%
-4.09%
1.23%
45.47%
-13.67%
10.30%
2004 Total
118
135
123
68,687,522
38,882,210
107,569,732
10.30%
Eurex
Eurex
January 2004
ex_monthly
09.02.2004
page 64
3.8
Options on Dutch Equities Breakdown by Individual Securities
3.8.1
Traded Contracts January 2004

Trades
ABN Amro
Aegon
Ahold
Akzo Nobel
ASML Holding
Buhrmann
DSM
Elsevier
Fortis
Getronics
Hagemeyer
Heineken
IHC Caland
ING
KPN
Moolen Holding
Numico
Philips St.
Royal Dutch
TPG
Unilever
VNU
Wolters Kluwer
3.8.2
OTC-Trades
in Contracts
322
705
488
17
144
4
22
17
167
1
12
62
0
1,103
110
32
27
821
2,381
0
485
4
10
Traded Contracts
Calls
25,990
73,750
60,992
2,300
20,369
3,200
300
2,900
45,860
0
0
500
79,609
53,500
2,400
12,300
41,479
102,636
0
8,962
0
6,650
36,946
81,141
63,252
1,706
20,703
5,560
600
3,050
43,095
321
845
2,162
0
108,158
51,425
295
7,985
35,934
102,696
0
10,495
10
7,862
Puts
Total
Change YoY
10,051
36,979
19,105
1,134
10,153
0
244
1,060
11,669
0
265
1,554
0
37,500
9,687
3,294
4,851
36,047
90,354
0
14,298
70
20
46,997
118,120
82,357
2,840
30,856
5,560
844
4,110
54,764
321
1,110
3,716
0
145,658
61,112
3,589
12,836
71,981
193,050
0
24,793
80
7,882
6.53%
34.33%
234.11%
298.32%
-48.77%
-19.39%
3569.64%
258.64%
3939.13%
72.42%
118.76%
2215.48%
49.15%
18.11%
106.51%
-100.00%
226.05%
14771.70%

Calls
Puts
Total
Change YoY
73
102
45
6
35
4
3
3
77
0
0
7
19
44
12
4
17
0
1
1
19
0
0
5
92
146
57
9
52
4
4
4
95
0
0
11
43.61%
23.91%
85.65%
373.69%
48.85%
221
30
0
16
92
422
0
59
0
10
73
6
2
10
79
338
0
73
0
0
294
36
3
26
171
760
0
132
0
11
-23.23%
3282.72%
289.83%
2977.46%
113.82%
80.98%
579.83%
183.95%
57.51%
92.03%
-100.00%
204.64%
10930.61%
Open Interest and Market Share per Account Group January 2004
Agent
ABN Amro
Aegon
Ahold
Akzo Nobel
ASML Holding
Buhrmann
DSM
Elsevier
Fortis
Getronics
Hagemeyer
Heineken
IHC Caland
ING
KPN
Moolen Holding
Numico
Philips St.
Royal Dutch
TPG
Unilever
VNU
Wolters Kluwer
34.53%
32.92%
44.36%
90.05%
45.13%
50.00%
47.10%
73.11%
58.09%
50.00%
50.00%
49.30%
10.67%
16.93%
15.52%
5.28%
33.84%
50.00%
17.77%
12.17%
11.69%
0.00%
5.63%
6.73%
54.81%
50.15%
40.12%
4.67%
21.02%
0.00%
35.13%
14.72%
30.22%
50.00%
44.37%
43.97%
37.01%
28.63%
39.63%
72.75%
34.98%
36.16%
12.10%
27.60%
0.00%
9.35%
22.07%
16.55%
50.89%
43.76%
60.37%
17.90%
42.95%
47.29%
23.81%
50.00%
45.93%
12.55%
0.00%
40.60%
63.64%
50.00%
13.47%

Calls
Puts
92,069
134,264
101,972
2,972
42,040
5,560
940
5,396
62,990
1,321
472
1,576
0
123,794
94,474
2,566
29,226
64,200
129,476
118
16,872
600
19,156
50,045
70,629
59,563
2,705
114,501
0
1,162
1,221
34,830
75
120
3,248
0
87,023
66,326
2,317
33,955
52,225
108,150
52
21,910
175
4,146
Total
Change YoY
142,114
204,893
161,535
5,677
156,541
5,560
2,102
6,617
97,820
1,396
592
4,824
0
210,817
160,800
4,883
63,181
116,425
237,626
170
38,782
775
23,302
45.24%
59.21%
141.61%
69.61%
16.09%
21.01%
1817.97%
90.63%
11740.00%
389.25%
63.68%
330.08%
3177.18%
525.99%
54.01%
58.62%
-78.51%
59.16%
698.83%

Calls
Puts
171
167
70
9
68
4
4
5
109
0
0
5
0
246
61
3
40
156
559
0
97
2
25
81
89
34
6
90
0
4
1
56
0
0
10
0
153
40
2
28
102
407
0
109
0
5
Total
252
257
104
15
158
4
8
7
165
0
0
15
0
399
101
5
67
258
966
0
206
2
30
Change YoY
63.65%
37.69%
17.98%
55.64%
54.70%
4.84%
1466.65%
92.20%
3910.80%
299.97%
59.80%
280.85%
1477.55%
507.22%
69.07%
41.30%
-80.61%
35.24%
471.31%
Eurex
Eurex
January 2004
3.8.3
ex_monthly
09.02.2004
page 65
Paid Premiums January 2004

Calls
Puts
ABN Amro
Aegon
Ahold
Akzo Nobel
ASML Holding
Buhrmann
DSM
Elsevier
Fortis
Getronics
Hagemeyer
Heineken
IHC Caland
ING
KPN
Moolen Holding
Numico
Philips St.
Royal Dutch
TPG
Unilever
VNU
Wolters Kluwer
Total
84
103
34
112
193
119
88
47
140
30
72
100
59
88
34
116
129
24
70
79
98
34
114
172
119
123
44
124
30
60
87
107
100
16
393
245
120
117
63
77
42
191
178
110
94
72
260
218
148
193
60
80
244
50
40
222
51
80
208
36
65

Calls
Puts
Total
Change YoY
3,116,198
8,366,298
2,157,318
190,569
4,002,953
660,000
52,636
142,862
6,015,030
9,630
60,536
215,630
0
11,602,545
5,137,919
4,644
3,135,171
8,801,980
12,363,475
0
2,025,544
600
625,984
593,204
3,257,740
653,140
132,025
1,308,610
0
50,775
38,450
763,310
0
6,431
108,514
0
4,405,928
607,500
253,441
201,410
6,888,600
16,119,644
0
3,489,188
3,500
800
3,709,402
11,624,038
2,810,458
322,594
5,311,563
660,000
103,411
181,312
6,778,340
9,630
66,967
324,144
0
16,008,473
5,745,419
258,085
3,336,581
15,690,580
28,483,119
0
5,514,732
4,100
626,784
-53.77%
-31.13%
-5.29%
288.76%
-56.90%
-51.96%
2076.61%
158.48%
616.55%
7.34%
102.58%
65237.97%
8.46%
71.95%
29.40%
-100.00%
132.91%
5043.48%
Eurex
Eurex
January 2004
3.9
Options on Italian Equities
3.9.1
Traded Contracts
Trades
2000
2001
2002
2003
3.9.2
Total
Total
Total
Total
OTC-Trades
in Contracts
09.02.2004
page 66
Traded Contracts
Calls
Puts
Total
Change YoY
22.03%
-43.60%
380.01%

Calls
Puts
Total
Change YoY
60
66
58
225
23
67
46
60
83
132
104
285
58.76%
-21.56%
174.30%
362
564
367
309
26,200
2,959
3,173
62,022
18,209
17,060
9,026
53,305
6,020
12,506
7,649
26,736
24,229
29,566
16,675
80,041
2004 1. Quarter
41
1,273
4,899
1,892
6,791
-32.08%
11
15
-62.41%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
31
24
21
33
14
28
52
27
34
22
13
10
41
8,120
4,635
7,360
8,041
1,540
0
1,350
473
1,475
2,925
11,003
15,100
1,273
9,269
6,286
7,904
10,675
1,611
1,516
4,094
66
878
1,893
1,143
7,970
4,899
730
487
600
57
55
497
248
1,221
2,380
2,806
10,297
7,358
1,892
9,999
6,773
8,504
10,732
1,666
2,013
4,342
1,287
3,258
4,699
11,440
15,328
6,791
2595.15%
810.35%
4152.00%
3001.73%
278.64%
17.58%
98.54%
-67.27%
40.98%
235.16%
501.47%
1258.87%
-32.08%
37
16
41
55
4
4
21
0
6
8
2
30
11
4
1
2
0
0
2
1
3
9
4
19
14
4
40
18
43
55
4
6
22
3
15
12
21
44
15
1599.37%
533.44%
3206.28%
3215.42%
115.91%
-48.66%
37.74%
-87.44%
23.59%
13.03%
69.06%
1009.59%
-62.41%
2004 Total
41
1,273
4,899
1,892
6,791
-32.08%
11
15
-62.41%

Agent
3.9.3
ex_monthly
2000 Total
2001 Total
2002 Total
2003 Total
43.50%
44.56%
42.55%
50.95%
1.54%
14.27%
29.95%
37.08%
54.95%
41.17%
27.51%
11.98%
2004 1. Quarter
50.00%
31.78%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
51.38%
48.57%
49.99%
50.00%
49.85%
50.00%
54.00%
49.22%
50.61%
55.12%
52.62%
50.00%
50.00%
42.35%
35.39%
45.04%
42.95%
46.37%
3.48%
15.55%
18.38%
22.64%
30.86%
44.38%
36.47%
31.78%
2004 Total
50.00%
31.78%

Calls
Puts
Total

Calls
Puts
Total
Change YoY
-97.15%
695.82%
566.65%
25
2
5
2
3
0
6
23
28
2
11
25
-93.88%
531.81%
130.82%
16,130
48.58%
12
20
32
-27.17%
10,856
17,534
14,634
17,866
16,280
9,051
13,126
14,190
14,115
15,364
23,580
13,953
16,130
1929.16%
3849.10%
2363.64%
2700.31%
1681.18%
360.14%
374.89%
267.43%
547.48%
573.56%
897.04%
566.65%
48.58%
42
57
41
66
63
27
48
40
36
36
37
2
12
2
4
3
2
2
2
2
4
11
9
23
23
20
44
61
44
68
64
29
50
44
48
44
60
25
32
1166.47%
2804.75%
1312.76%
1900.54%
1438.01%
136.44%
149.64%
81.13%
349.65%
244.58%
393.94%
130.82%
-27.17%
16,130
48.58%
12
20
32
-27.17%
8,567
239
1,036
444
653
24
1,057
13,509
9,220
263
2,093
13,953
18.22%
4,813
11,317
6.27%
16.05%
4.96%
7.05%
3.78%
46.52%
30.46%
32.40%
26.75%
14.02%
3.00%
13.53%
18.22%
10,249
16,522
13,950
17,534
15,999
8,529
12,609
12,579
10,746
10,539
10,411
444
4,813
607
1,012
684
332
281
522
517
1,611
3,369
4,825
13,169
13,509
11,317
18.22%
4,813
11,317
Change YoY
Paid Premiums
Calls
Puts
2000
2001
2002
2003
Total

Calls
Puts
Total
Change YoY
Total
Total
Total
Total
557
370
196
188
200
423
326
57
468
392
255
144
10,141,488
6,307,320
1,766,220
10,017,192
1,202,343
5,284,708
2,490,688
1,512,498
11,343,831
11,592,028
4,256,908
11,529,690
2.19%
-63.28%
170.85%
2004 1. Quarter
50
54
51
243,999
101,946
345,945
-85.97%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
260
48
186
96
84
58
267
51
120
85
335
356
50
73
52
176
158
352
385
157
70
62
32
45
39
54
247
48
185
97
93
139
261
69
77
53
74
204
51
2,411,847
298,966
1,470,400
1,028,371
136,095
88,200
1,094,200
3,355
105,410
160,273
382,924
2,837,151
243,999
53,409
25,440
105,739
8,990
19,335
191,551
38,880
85,352
146,510
90,125
462,937
284,230
101,946
2,465,256
324,406
1,576,139
1,037,361
155,430
279,751
1,133,080
88,707
251,920
250,398
845,861
3,121,381
345,945
3559.82%
74.38%
2277.03%
2299.41%
231.04%
4.81%
94.75%
-90.09%
-52.74%
-54.14%
-10.03%
3603.36%
-85.97%
2004 Total
50
54
51
243,999
101,946
345,945
-85.97%
Eurex
Eurex
January 2004
ex_monthly
09.02.2004
page 67
3.10
Options on Italian Equities Breakdown by Individual Securities
3.10.1

Trades
ENI
Generali
Telecom Italia
3.10.2
OTC-Trades
in Contracts
18
13
10
Traded Contracts
Calls
0
900
373
437
1,578
2,884
Total
Change YoY
219
900
773
656
2,478
3,657
-78.26%
-50.00%
80.59%
Puts
Total
Change YoY
2
2
1
5
5
5
-78.66%
-44.19%
-34.13%
3
3
4
Agent
ENI
Generali
Telecom Italia
3.10.3

Calls
Puts
50.00%
50.00%
50.00%
0.00%
18.16%
46.72%

Calls
Puts
50.00%
31.84%
3.28%
610
1,559
2,644
249
7,050
4,018
Total
Change YoY
859
8,609
6,662
-71.70%
73.29%
133.51%

Calls
Puts
5
3
4
Total
2
14
5
6
18
8
Change YoY
-72.56%
84.97%
-26.39%

Calls
Puts
ENI
Generali
Telecom Italia
34
40
58
Options on Nordic Equities
3.11.1
Traded Contracts
1999
2000
2001
2002
2003
Total
Total
Total
Total
Total
2004 1. Quarter
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
2004 Total
1,442
59,836
135,538
133,512
105,741

Calls
Puts
Total
Change YoY
124
27
54
14,725
62,745
166,529
66,625
3,600
31,721
81,350
66,345
198,250
-93.07%
-91.45%
-61.46%
304
4
41
3.11
Trades
Total
OTC-Trades
in Contracts
Traded Contracts
Calls
Puts
Total
Change YoY

Calls
11,148
3,304,598
11,176,019
15,684,918
8,352,490
30,164
2,538,570
9,024,294
12,022,045
7,608,928
23,488
1,381,532
6,661,911
8,579,068
5,656,543
53,652
3,920,102
15,686,205
20,601,113
13,265,471
7206.53%
300.15%
31.33%
-35.61%
399
14,474
27,089
26,109
12,186
259
6,928
16,707
16,298
7,879
658
21,402
43,795
42,407
20,065
3150.98%
104.63%
-3.17%
-52.69%
Puts
Total
Change YoY
9,650
740,694
788,393
534,950
1,323,343
-8.73%
1,323
785
2,108
-12.00%
10,155
6,785
8,638
8,230
7,967
8,341
13,097
9,189
10,462
9,413
7,042
6,422
9,650
1,069,127
666,382
886,358
635,018
606,694
715,846
747,407
575,645
904,707
585,348
479,701
480,257
740,694
883,735
486,902
726,896
629,839
559,522
624,105
738,911
565,798
792,631
624,898
528,193
447,498
788,393
566,182
403,902
512,694
333,443
340,209
434,727
650,030
504,367
703,090
483,253
329,326
395,320
534,950
1,449,917
890,804
1,239,590
963,282
899,731
1,058,832
1,388,941
1,070,165
1,495,721
1,108,151
857,519
842,818
1,323,343
-26.60%
-47.26%
-42.02%
-54.00%
-45.61%
-42.89%
-22.08%
-18.66%
-25.07%
-31.45%
-41.81%
-16.70%
-8.73%
1,588
773
1,121
988
919
1,031
1,182
854
1,232
978
847
674
1,323
808
592
728
475
481
621
863
662
958
663
462
566
785
2,395
1,366
1,848
1,463
1,400
1,653
2,045
1,516
2,190
1,640
1,308
1,241
2,108
-54.28%
-69.70%
-66.43%
-70.72%
-60.51%
-50.40%
-31.98%
-28.24%
-27.20%
-38.07%
-51.47%
-31.47%
-12.00%
9,650
740,694
788,393
534,950
1,323,343
-8.73%
1,323
785
2,108
-12.00%
Eurex
Eurex
January 2004
3.11.2
09.02.2004
page 68

Agent
3.11.3
ex_monthly

Calls
Puts
Change YoY
Total

Calls
Puts
Change YoY
Total
1999 Total
2000 Total
2001 Total
2002 Total
2003 Total
41.13%
43.80%
34.79%
23.37%
29.23%
5.83%
14.38%
11.86%
4.48%
5.27%
53.04%
41.82%
53.35%
72.15%
65.50%
13,767
514,436
1,424,450
1,637,315
1,061,575
12,078
272,021
952,298
1,041,403
859,230
25,845
786,457
2,376,748
2,678,718
1,920,805
2942.98%
202.21%
12.71%
-28.29%
183
2,723
4,255
3,478
1,893
144
1,232
2,114
1,685
1,193
327
3,955
6,369
5,163
3,086
1109.60%
61.03%
-18.93%
-40.22%
2004 1. Quarter
31.82%
8.48%
59.70%
1,343,365
1,066,224
2,409,589
-26.30%
2,392
1,504
3,897
-36.16%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
28.34%
26.80%
28.96%
30.57%
32.07%
32.88%
30.86%
25.24%
30.73%
24.30%
29.15%
30.84%
31.82%
6.94%
6.11%
8.87%
4.06%
5.10%
4.07%
5.96%
5.86%
4.27%
3.01%
4.63%
2.86%
8.48%
64.72%
67.08%
62.17%
65.37%
62.82%
63.05%
63.17%
68.90%
64.99%
72.69%
66.23%
66.31%
59.70%
2,017,045
2,096,572
2,082,420
2,249,542
2,338,464
1,748,027
1,840,341
1,988,471
1,912,952
1,958,493
1,941,831
1,061,575
1,343,365
1,252,455
1,317,369
1,222,259
1,171,653
1,225,598
865,963
1,034,619
1,161,715
1,243,568
1,239,137
1,293,632
859,230
1,066,224
3,269,500
3,413,941
3,304,679
3,421,195
3,564,062
2,613,990
2,874,960
3,150,186
3,156,520
3,197,630
3,235,463
1,920,805
2,409,589
6.73%
-2.38%
6.99%
5.04%
3.28%
-17.15%
-19.04%
-20.95%
-21.03%
-25.99%
-28.54%
-28.29%
-26.30%
4,141
4,227
4,083
4,350
4,518
3,380
3,515
3,743
3,629
3,714
3,699
1,893
2,392
1,963
2,013
1,804
1,684
1,736
1,226
1,420
1,578
1,704
1,702
1,780
1,193
1,504
6,104
6,241
5,887
6,034
6,254
4,606
4,936
5,321
5,332
5,416
5,479
3,086
3,897
-25.38%
-33.85%
-29.57%
-28.62%
-28.37%
-36.49%
-37.31%
-37.81%
-34.44%
-37.69%
-40.51%
-40.22%
-36.16%
2004 Total
31.82%
8.48%
59.70%
1,343,365
1,066,224
2,409,589
-26.30%
2,392
1,504
3,897
-36.16%
Paid Premiums
Calls
Puts
1999
2000
2001
2002
2003
Total
Total
Total
Total
Total
Total

Calls
Puts
Total
Change YoY
1,634
522
255
160
94
856
468
303
254
138
1,294
503
275
200
113
49,298,072
1,324,571,862
2,300,767,991
1,927,459,392
717,148,949
20,108,350
646,158,376
2,015,882,175
2,183,213,489
779,399,050
69,406,422
1,970,730,238
4,316,650,166
4,110,672,881
1,496,547,999
2739.41%
119.04%
-4.77%
-63.59%
99
65
86
78,400,849
34,989,955
113,390,804
-47.85%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
132
101
104
111
132
99
69
81
74
76
78
57
99
178
266
191
220
173
113
115
104
89
88
72
91
65
150
176
140
149
147
105
91
91
81
81
76
73
86
116,816,916
49,250,405
75,887,158
70,133,389
73,806,926
61,912,486
50,991,333
45,587,730
58,583,015
47,324,685
41,292,471
25,562,435
78,400,849
100,618,551
107,331,617
97,718,002
73,473,214
58,753,129
49,052,918
74,848,235
52,305,477
62,718,764
42,723,472
23,728,754
36,126,917
34,989,955
217,435,467
156,582,022
173,605,160
143,606,603
132,560,055
110,965,404
125,839,568
97,893,207
121,301,779
90,048,157
65,021,225
61,689,352
113,390,804
-52.84%
-61.56%
-69.78%
-61.89%
-68.52%
-70.25%
-58.42%
-57.88%
-61.80%
-64.22%
-74.42%
-55.46%
-47.85%
2004 Total
99
65
86
78,400,849
34,989,955
113,390,804
-47.85%
2004 1. Quarter
Eurex
Eurex
January 2004
ex_monthly
09.02.2004
page 69
3.12
Options on Nordic Equities Breakdown by Individual Securities
3.12.1

Trades
Elisa Communications
Nokia Oyj A
Sonera-Yhtym Oyj
Stora-Enso Oyj R
Tieto Enator Corporation
UPM-Kymmene Oyj
3.12.2
0
9,387
7
52
33
171
OTC-Trades
in Contracts
Traded Contracts
Calls
Puts
Total
0
638,144
1,000
19,250
1,000
81,300
0
748,245
540
11,945
854
26,809
0
460,292
1,360
11,305
1,224
60,769
0
1,208,537
1,900
23,250
2,078
87,578

Calls
-13.75%
-72.39%
331.43%
223.68%
144.29%
0
1,266
0
12
2
42
Puts
Total
Change YoY
0
682
1
11
3
89
0
1,948
1
23
5
131
-14.29%
-68.55%
357.11%
419.39%
14.79%
Agent
Nokia Oyj A
Sonera-Yhtym Oyj
Stora-Enso Oyj R
UPM-Kymmene Oyj
3.12.3
Change YoY
30.33%
50.00%
49.27%
38.31%
47.24%
7.97%
2.63%
23.37%
0.00%
11.97%
61.71%
47.37%
27.37%
61.69%
40.78%

Calls
Puts
80
1,297,439
1,376
8,309
1,185
34,976
0
981,122
3,145
16,334
3,328
62,295
Total
Change YoY
80
2,278,561
4,521
24,643
4,513
97,271
-96.41%
-27.82%
-81.33%
53.67%
55.46%
44.33%

Calls
Puts
0
2,325
1
9
3
54
0
1,388
1
17
7
91
Total
0
3,713
2
25
10
146
Change YoY
-95.24%
-36.48%
-77.55%
35.81%
69.82%
-34.76%

Calls
Puts
Nokia Oyj A
Sonera-Yhtym Oyj
Stora-Enso Oyj R
UPM-Kymmene Oyj
101
17
71
129
61
69
22
40
38
43
Total
89
20
56
76
48

Calls
0
75,789,550
8,980
849,135
110,340
1,642,844
Puts
Total
Change YoY
0
31,872,518
29,660
453,049
47,112
2,587,616
0
107,662,068
38,640
1,302,184
157,452
4,230,460
-49.31%
-78.51%
409.60%
170.34%
-6.99%
Eurex
Eurex
January 2004
3.13
Options on US Equities
3.13.1

Trades
09.02.2004
page 70
OTC-Trades
in Contracts
Traded Contracts
Calls
Puts
Total
Change YoY
2,953
10,005
2,333
0
0
0
21,996
74,893
22,823
16,200
49,073
7,375
38,196
123,966
30,198
224.55%
-75.64%
2004 1. Quarter
168
1,626
587
2,213
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
253
144
149
170
166
226
224
209
259
257
129
147
168
0
0
0
0
0
0
0
0
0
0
0
0
0
2,113
1,290
1,850
1,659
1,651
1,429
1,930
2,274
3,292
2,860
1,115
1,360
1,626
899
229
913
231
449
1,486
366
443
620
678
512
549
587
3,012
1,519
2,763
1,890
2,100
2,915
2,296
2,717
3,912
3,538
1,627
1,909
2,213
2004 Total
168
1,626
587
2,213
2001 Total
2002 Total
2003 Total
3.13.2
ex_monthly

Calls
Puts
Total
Change YoY
133
314
60
105
188
18
238
502
78
110.56%
-84.49%
-26.53%
-19.01%
-90.24%
-94.53%
-86.25%
-85.66%
-74.61%
-34.42%
-47.53%
-30.35%
67.75%
41.46%
-64.73%
18.79%
-26.53%
6
3
4
4
4
3
5
5
9
11
4
3
5
2
1
2
1
1
4
1
1
2
2
1
1
2
8
4
6
5
5
7
6
6
10
12
5
5
6
-94.02%
-96.70%
-91.96%
-92.78%
-83.70%
-61.66%
-57.75%
-54.70%
21.73%
68.19%
-75.78%
-27.11%
-19.01%
-26.53%
-19.01%
Agent

Calls
Puts
Change YoY
Total
2001 Total
2002 Total
2003 Total
17.01%
24.93%
45.88%
3.27%
3.98%
4.68%
79.72%
71.09%
49.44%
6,075
1,117
2,535
5,504
611
1,068
11,579
1,728
3,603
2004 1. Quarter
32.60%
18.19%
49.21%
3,727
1,256
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
46.72%
48.35%
47.65%
43.55%
49.12%
50.51%
44.48%
48.99%
43.58%
45.48%
33.41%
45.02%
32.60%
6.68%
1.97%
1.48%
6.45%
1.11%
0.24%
5.62%
1.09%
6.97%
5.00%
17.36%
5.11%
18.19%
46.59%
49.67%
50.87%
50.00%
49.76%
49.25%
49.89%
49.93%
49.45%
49.52%
49.23%
49.87%
49.21%
2,307
2,222
1,977
2,118
2,931
2,033
2,126
3,643
3,597
4,777
4,335
2,535
3,727
1,068
1,207
1,081
1,040
1,210
1,692
1,112
1,237
1,268
1,712
1,818
1,068
1,256
2004 Total
32.60%
18.19%
49.21%
3,727
1,256

Calls
Puts
Change YoY
Total
-85.08%
108.51%
38
4
9
33
2
3
70
6
11
4,983
47.64%
12
15
65.23%
3,375
3,429
3,058
3,158
4,141
3,725
3,238
4,880
4,865
6,489
6,153
3,603
4,983
-90.34%
-92.02%
-88.72%
-86.43%
-78.31%
-65.87%
-68.39%
-53.77%
-27.45%
0.90%
-14.83%
108.51%
47.64%
6
5
4
5
7
5
6
9
10
14
14
9
12
3
3
3
3
3
4
3
3
3
4
5
3
3
9
9
7
8
10
9
9
12
13
19
19
11
15
-94.06%
-95.30%
-93.96%
-92.68%
-89.21%
-84.20%
-83.04%
-75.24%
-57.35%
-34.92%
-41.77%
84.42%
65.23%
4,983
47.64%
12
15
65.23%
-91.23%
84.42%
Eurex
Eurex
January 2004
3.13.3
ex_monthly
09.02.2004
page 71

Calls
Puts
Total

Calls
Puts
Total
Change YoY
2001 Total
2002 Total
2003 Total
291
140
91
287
257
174
289
187
112
6,399,922
10,514,763
2,086,945
4,643,231
12,620,487
1,281,412
11,043,153
23,135,250
3,368,357
109.50%
-85.44%
2004 1. Quarter
144
118
137
234,405
69,056
303,461
-14.67%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
121
63
57
109
53
74
107
72
117
91
119
89
144
112
326
210
124
165
229
117
196
143
148
94
190
118
118
103
107
111
77
153
109
92
122
102
111
118
137
254,677
81,185
104,849
180,954
87,803
106,068
207,153
164,591
386,709
259,961
132,388
120,607
234,405
100,952
74,749
191,832
28,615
74,022
340,307
42,991
86,663
88,770
100,018
47,948
104,545
69,056
355,629
155,934
296,681
209,569
161,825
446,375
250,144
251,254
475,479
359,979
180,336
225,152
303,461
-94.23%
-96.34%
-88.83%
-92.41%
-90.79%
-73.74%
-82.56%
-72.45%
25.14%
-3.47%
-55.43%
-31.57%
-14.67%
2004 Total
144
118
137
234,405
69,056
303,461
-14.67%
Eurex
Eurex
January 2004
ex_monthly
09.02.2004
page 72
3.14
Options on US Equities Breakdown by Individual Securities
3.14.1

Trades
AOL Time Warner

Cisco Systems
Citigroup
EMC
General Electric
IBM
Intel
Microsoft
Oracle
Sun Microsystems
3.14.2
OTC-Trades
in Contracts
Traded Contracts
Calls
Puts
Total
Change YoY
0
0
0
0
0
0
0
0
0
0
93
416
8
22
204
172
286
224
42
159
0
93
5
10
0
109
78
276
0
16
93
509
13
32
204
281
364
500
42
175
-89.67%
79.86%
550.00%
-81.82%
-49.63%
-20.17%
191.20%
71.82%
-89.37%
110.84%
7
26
3
5
11
42
24
41
4
5
Puts
Total
Change YoY
0
0
0
0
0
1
0
1
0
0
0
1
0
0
1
2
1
1
0
0
-88.20%
169.06%
589.19%
-71.24%
-36.00%
-29.05%
340.73%
-17.77%
-91.52%
152.76%
0
1
0
0
1
1
1
1
0
0
Agent
AOL Time Warner
Cisco Systems
Citigroup
EMC
General Electric
IBM
Intel
Microsoft
Oracle
Sun Microsystems
3.14.3

Calls
39.25%
22.50%
50.00%
51.56%
18.14%
54.27%
23.21%
33.00%
50.00%
50.00%
10.75%
28.49%
0.00%
0.00%
31.86%
0.00%
26.79%
17.00%
0.00%
0.00%

Calls
Puts
50.00%
49.02%
50.00%
48.44%
50.00%
45.73%
50.00%
50.00%
50.00%
50.00%
337
826
8
59
316
583
547
846
46
159
1
224
21
84
48
173
198
414
20
73
Total
Change YoY
338
1,050
29
143
364
756
745
1,260
66
232
-50.58%
155.47%
-9.38%
-20.56%
-23.37%
81.29%
276.26%
284.15%
-84.51%
3.57%

Calls
Puts
1
2
0
0
1
5
2
2
0
0
Total
0
0
0
0
0
1
1
1
0
0
1
2
0
0
1
6
2
3
0
0
Change YoY
-46.15%
241.39%
-24.70%
10.66%
-16.25%
71.82%
430.92%
85.31%
-86.10%
15.22%

Calls
Puts
AOL Time Warner
Cisco Systems
Citigroup
EMC
General Electric
IBM
Intel
Microsoft
Oracle
Sun Microsystems
60
207
82
42
102
149
209
114
117
27
66
100
79
283
106
78
65
Total
60
181
89
54
102
201
187
94
117
31

Calls
5,585
86,235
656
922
20,839
25,547
59,864
25,490
4,915
4,352
Puts
Total
Change YoY
0
6,098
500
790
0
30,855
8,265
21,510
0
1,038
5,585
92,333
1,156
1,712
20,839
56,402
68,129
47,000
4,915
5,390
-92.24%
482.25%
600.61%
-79.86%
-61.68%
-37.59%
602.87%
-24.29%
-86.56%
-10.39%
Eurex
Eurex
January 2004
Exchange Traded Funds Products
4.1
Options on Exchange Traded Funds
4.1.1
Trades
2002 Total
2003 Total
2004 1. Quarter
2003 Jan
Aug
Sep
Oct
Nov
Dec
2004 Jan
2004 Total
OTC-Trades
in Contracts
Traded Contracts
Calls
ex_monthly
09.02.2004
page 73
Puts
Total
Change YoY

Calls
Puts
Total
Change YoY
116
1,392
0
0
3,370
27,634
2,699
42,716
6,069
70,350
1059.17%
12
85
9
122
21
207
869.83%
76
2,760
718
3,478
10.69%
10
13
33.95%
88
71
188
66
115
92
76
0
0
0
0
0
0
0
1,502
2,092
2,435
372
3,231
2,258
2,760
1,640
2,595
5,369
3,303
1,059
2,268
718
3,142
4,687
7,804
3,675
4,290
4,526
3,478
51.86%
39.52%
10.69%
5
6
9
1
11
8
10
5
7
18
11
3
8
3
9
14
26
12
14
16
13
35.06%
44.53%
33.95%
76
2,760
718
3,478
10.69%
10
13
33.95%
Eurex
Eurex
January 2004
4.1.2
09.02.2004
page 74

Agent
4.1.3
ex_monthly

Calls
Puts
Total
Change YoY

Calls
Puts
Total
Change YoY
2002 Total
2003 Total
11.90%
41.01%
0.08%
2.07%
88.01%
56.92%
2,790
1,860
2,119
878
4,909
2,738
-44.22%
10
6
7
2
18
8
-52.11%
2004 1. Quarter
40.99%
9.46%
49.55%
3,259
1,292
4,551
-31.02%
11
15
-31.59%
2003 Jan
Aug
Sep
Oct
Nov
Dec
2004 Jan
18.52%
50.00%
42.84%
50.00%
34.99%
29.70%
40.99%
0.80%
0.00%
0.00%
0.00%
0.00%
0.00%
9.46%
80.68%
50.00%
57.16%
50.00%
65.01%
70.30%
49.55%
3,290
3,889
4,332
4,580
4,807
1,860
3,259
3,308
6,103
6,837
5,823
3,730
878
1,292
6,598
9,992
11,169
10,403
8,537
2,738
4,551
202.19%
-44.22%
-31.02%
12
12
14
15
15
6
11
11
17
20
17
10
2
4
22
29
34
31
26
8
15
145.74%
-52.11%
-31.59%
2004 Total
40.99%
9.46%
49.55%
3,259
1,292
4,551
-31.02%
11
15
-31.59%

Calls
Puts
Total

Calls
Puts
Total
Change YoY
2002 Total
2003 Total
76
172
317
98
183
127
257,055
4,762,509
854,530
4,194,310
1,111,585
8,956,819
705.77%
2004 1. Quarter
260
112
230
718,942
80,071
799,013
78.08%
2003 Jan
Aug
Sep
Oct
Nov
Dec
2004 Jan
111
184
175
73
312
256
260
172
91
58
66
113
203
112
143
132
95
66
263
229
230
166,005
384,607
426,979
27,214
1,008,208
577,260
718,942
282,677
235,203
312,155
216,396
119,536
459,957
80,071
448,682
619,810
739,134
243,610
1,127,744
1,037,217
799,013
31.73%
305.96%
78.08%
2004 Total
260
112
230
718,942
80,071
799,013
78.08%
Eurex
Eurex
January 2004
ex_monthly
09.02.2004
page 75
4.2
Options on Exchange Traded Funds Breakdown by Individual Securities
4.2.1
Trades
DAX EX Option
DJ Euro STOXX EX Option
DJ Euro STOXX LDRS Option
Fresco DJ Euro STOXX 50 Option
XMTCH on SMI Option
4.2.2
OTC-Trades
in Contracts
50
8
3
0
15
Traded Contracts
Calls
0
0
0
0
Total
Change YoY
Puts
Total
541
110
48
0
19
2,003
163
48
0
1,264
100.10%
226.00%
-73.03%
6
0
0
2
0
0
8
0
0
Change YoY
187.37%
256.50%
-70.11%
-33.93%
-28.56%

Agent
DAX EX Option
XMTCH on SMI Option
4.2.3
1,462
53
0
0
1,245

Calls
Puts
51.50%
50.00%
50.00%
16.43%
0.00%
0.00%
32.08%
50.00%
50.00%
22.82%
0.00%
77.18%

Calls
Puts
874
86
154
0
2,145
1,064
94
98
0
36
Total
Change YoY
1,938
180
252
0
2,181
60.83%
125.00%
-5.97%
-56.77%

Calls
Puts
4
0
0
0
11
3
0
0
0
0
Total
Change YoY
7
1
1
0
11
105.48%
161.46%
12.14%
-58.09%

Calls
Puts
DAX EX Option
XMTCH on SMI Option
Total
199
92
134
35
58
181
54
58
531
99
524

Calls
Puts
Total
Change YoY
291,077
4,876
0
0
660,476
72,233
3,851
2,787
0
1,874
363,310
8,727
2,787
0
662,350
176.15%
46.92%
-83.75%
53.52%
Eurex
Eurex
January 2004
4.3
4.3.1
Trades
2002 Total
2003 Total
4.3.2
OTC-Trades
in Contracts
Traded Contracts
Calls
ex_monthly
09.02.2004
page 76
Puts
Total
Change YoY

Calls
Puts
Total
Change YoY
1,222
3,457
0
0
0
0
0
0
56,126
187,996
234.95%
0
0
0
0
156
477
206.33%
2004 1. Quarter
243
15,643
-57.11%
57
-41.99%
2003 Aug
Sep
Oct
Nov
Dec
2004 Jan
194
53
64
64
53
243
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,201
1,286
1,994
2,420
2,196
15,643
5160.87%
-96.08%
-57.11%
0
0
0
0
0
0
0
0
0
0
0
0
22
4
6
8
8
57
5081.30%
-94.98%
-41.99%
2004 Total
243
15,643
-57.11%
57
-41.99%
Agent

Calls
Puts
Total
Change YoY

Calls
Puts
Total
Change YoY
2002 Total
2003 Total
0.05%
0.22%
0.04%
5.49%
99.91%
94.29%
0
0
0
0
8,725
281
-96.78%
0
0
0
0
24
1
-96.17%
2004 1. Quarter
0.05%
0.00%
99.95%
3,443
-88.20%
12
-83.27%
2003 Aug
Sep
Oct
Nov
Dec
2004 Jan
0.42%
1.67%
0.53%
0.41%
0.36%
0.05%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
99.58%
98.33%
99.47%
99.59%
99.64%
99.95%
0
0
0
0
0
0
0
0
0
0
0
0
6,744
562
1,898
3,250
281
3,443
8025.00%
-96.78%
-88.20%
0
0
0
0
0
0
0
0
0
0
0
0
20
2
6
11
1
12
7765.74%
-96.17%
-83.27%
2004 Total
0.05%
0.00%
99.95%
3,443
-88.20%
12
-83.27%
Eurex
Eurex
January 2004
ex_monthly
09.02.2004
page 77
4.4
Futures on Exchange Traded Funds Breakdown by Individual Securities
4.4.1
Trades
DAX EX Future
DJ Euro STOXX 50 LDRS Future
DJ Euro STOXX EX Future
Fresco DJ Euro STOXX 50 Future
XMTCH on SMI Future
4.4.2
OTC-Trades
in Contracts
170
0
73
0
0
Traded Contracts
Calls
0
0
0
0
0
0
0
Puts
Total
Change YoY
0
0
0
0
0
10,845
0
4,798
0
0
-37.89%
-100.00%
-74.21%

Calls
Puts
Total
44
Change YoY
-16.61%
14
-69.74%

Agent
DAX EX Future
DJ Euro STOXX 50 LDRS Future
DJ Euro STOXX EX Future
Fresco DJ Euro STOXX 50 Future
XMTCH on SMI Future
0.07%
0.00%
99.93%
0.00%
0.00%
100.00%

Calls
Puts
0
0
0
0
0
0
0
0
0
0
Total
Change YoY
2,251
0
1,192
0
0
-86.25%
-100.00%
-90.38%

Calls
Puts
0
0
0
0
0
0
0
0
0
0
Total
Change YoY
9
0
3
0
0
-79.93%
-100.00%
-87.97%
Eurex
Eurex
January 2004
Eurex Fixed Income Market Products
5.1
One-Month-Euribor Futures
5.1.1
Traded Contracts
Trades
ex_monthly
09.02.2004
page 78
Traded Contracts

Total
Change YoY
Total
Change YoY
466
826
26
0
0
0
47,229
64,019
1,896
0
0
0
-71.71%
35.55%
-97.04%
-100.00%
84,690
187,410
5,493
-65.80%
121.29%
-97.07%
2004 1. Quarter
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2004 Total
1998
1999
2000
2001
2002
2003
Total
Total
Total
Total
Total
Total
The Contract Size is 3 million EUR nominal. Before September 18, 1998, only One-Month Euromark Future. The contract size of the One-Month Euromark
Future was 3 million DM. The One-Month EURIBOR Future was introduced on September 18, 1998.
5.1.2

Agent
1998
1999
2000
2001
2002
2003
Total
Total
Total
Total
Total
Total
48.64%
51.13%
26.56%
23.71%
17.05%
73.44%
27.65%
31.82%
0.00%

Total
3,321
411
0
0
0
0
Change YoY
-33.96%
-87.62%
-100.00%

Total
9,648
1,194
0
0
0
0
2004 1. Quarter
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2004 Total
Change YoY
29.79%
-87.62%
-100.00%
Eurex
Eurex
January 2004
5.2
Three-Month Euribor Futures
5.2.1
Traded Contracts
Trades
1997
1998
1999
2000
2001
2002
2003
OTC-Trades
in Contracts
ex_monthly
09.02.2004
page 79
Traded Contracts

Total
Change YoY
Total
Change YoY
Total
Total
Total
Total
Total
Total
Total
12,219
12,040
56,124
26,559
16,146
14,758
17,388
0
0
0
0
669
325
964,096
778,588
3,037,374
1,225,207
663,980
527,815
503,951
-19.24%
290.11%
-59.66%
-45.81%
-20.51%
-4.52%
476,262
562,776
2,945,460
1,173,813
638,804
510,790
492,787
18.17%
423.38%
-60.15%
-45.58%
-20.04%
-3.52%
2004 1. Quarter
1,890
48,118
25.34%
47,120
26.04%
2003 J a n
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 J a n
1,415
1,129
1,286
1,234
1,203
1,990
1,670
1,536
1,781
1,301
1,372
1,471
1,890
0
0
0
0
0
0
0
0
0
0
0
325
0
38,391
34,907
37,157
36,142
35,484
62,099
45,320
45,085
53,115
36,126
30,887
49,238
48,118
-6.87%
12.82%
-27.12%
-14.34%
-28.21%
19.01%
4.86%
-8.07%
5.06%
-22.99%
-11.19%
35.43%
25.34%
37,384
34,016
36,243
35,278
34,740
60,850
44,398
44,109
52,076
35,337
30,199
48,157
47,120
-6.25%
12.67%
-26.34%
-13.26%
-27.09%
21.03%
6.45%
-6.99%
6.36%
-22.73%
-10.56%
36.28%
26.04%
2004 Total
1,890
48,118
25.34%
47,120
26.04%
The Contract Size is 1 million EUR nominal. Before September 1998, only Three-Month Euromark Future. The contract size of the Three-Month Euromark Future was 1
million DM. The Three-Month EURIBOR Future was introduced on September 18, 1998.
35,000
30,000
50,000
25,000
40,000
20,000
30,000
15,000
20,000
10,000
10,000
5,000
Open Interest
60,000
Volume
70,000
0
Jan
Feb
Mar
Apr
May
Jun
Jul
2003
Aug
Sep
Oct
Nov
Dec
Jan
2004
Eurex
Eurex
January 2004
ex_monthly
09.02.2004
page 80
Three-Month-Euribor Futures
5.2.2

Agent
1997
1998
1999
2000
2001
2002
2003

Total
Change YoY

Total
Change YoY
32.89%
45.43%
-69.52%
-20.62%
-18.57%
32.36%
24,507
55,430
91,253
27,977
22,540
18,485
24,551
126.18%
64.63%
-69.34%
-19.44%
-17.99%
32.82%
Total
Total
Total
Total
Total
Total
Total
8.46%
23.88%
27.51%
15.55%
11.04%
19.14%
23.56%
21.24%
24.71%
34.47%
43.23%
36.44%
25.35%
22.54%
70.29%
51.41%
38.02%
41.23%
52.52%
55.51%
53.91%
49,906
66,320
96,448
29,396
23,336
19,002
25,151
2004 1. Quarter
19.51%
27.17%
53.32%
21,680
24.48%
21,164
24.82%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
27.46%
25.45%
21.76%
22.44%
21.07%
30.30%
20.28%
16.74%
23.06%
21.94%
22.58%
26.23%
19.51%
13.27%
18.98%
25.01%
12.47%
18.19%
23.70%
22.78%
28.51%
27.51%
20.43%
21.94%
30.33%
27.17%
59.27%
55.57%
53.23%
65.09%
60.74%
46.00%
56.94%
54.74%
49.42%
57.63%
55.48%
43.44%
53.32%
17,416
17,820
17,307
16,728
18,610
20,139
20,845
32,819
23,283
22,518
24,141
25,151
21,680
-31.77%
-29.97%
-27.76%
-33.46%
-25.76%
-7.99%
-11.98%
36.89%
-0.56%
-7.24%
8.77%
32.36%
24.48%
16,955
17,396
16,888
16,328
18,209
19,723
20,359
32,050
22,781
21,963
23,525
24,551
21,164
-31.05%
-29.08%
-26.49%
-32.50%
-24.40%
-6.34%
-10.94%
38.35%
0.24%
-6.73%
9.28%
32.82%
24.82%
2004 Total
19.51%
27.17%
53.32%
21,680
24.48%
21,164
24.82%
Eurex
Eurex
January 2004
ex_monthly
09.02.2004
page 81
5.3
Options on Three-Month-Euribor Futures
5.3.1
Traded Contra cts

Trades
1998
1999
2000
2001
2002
2003
OTC-Trades
in Contracts
Traded Contracts
Calls
0
0
0
Puts
Total
3,300
876
0
0
0
0
1,810
2,090
10
0
0
0
5,110
2,966
10
0
0
0
Total
Total
Total
Total
Total
Total
27
25
1
0
0
0
2004 1. Quarter
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2004 Total
Change YoY

Calls
-41.96%
-99.66%
-100.00%
1,815
851
0
Puts
Total
1,127
2,028
10
2,942
2,879
10
Change YoY
-2.14%
-99.67%
Before October 1998 only Options on the Three-Month Euromark Future. The Option on the Three-Month EURIBOR Future was introduced on September 22, 1998.
5.3.2

Agent
1998 Total
1999 Total
2000 Total
2001 Total
2002 Total
2003 Total
2004 1. Quarter
2.94%
20.50%
0.00%
21.58%
26.97%
50.00%
75.49%
52.53%
50.00%

Calls
Puts
Total
200
550
0
0
0
0
0
40
0
0
0
0
200
590
0
0
0
0
Change YoY

Calls
Puts
Total
98
535
0
0
0
0
0
38
0
0
0
0
98
573
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2004 Total
195.00%
-100.00%
Change YoY
483.49%
-100.00%
Eurex
Eurex
January 2004
5.4
Euro-Schatz Futures
5.4.1
Traded Contracts
Trades Basis Trades
in Contracts
1997
1998
1999
2000
2001
2002
2003
Total
Total
Total
Total
Total
Total
Total
ex_monthly
09.02.2004
page 82
Traded Contracts

Total
Change YoY
Total
Change YoY
92,529
177,885
410,755
935,867
1,458,425
1,888,657
2,053,732
187,142
490,628
799,374
1,118,682
2,754,851
3,020,948
2,937,814
4,805,755
10,043,087
19,647,339
42,822,290
92,637,630
108,760,955
117,370,528
108.98%
95.63%
117.95%
116.33%
17.40%
7.92%
634,109
1,332,163
2,118,678
4,364,072
9,583,943
11,304,820
12,452,299
110.08%
59.04%
105.98%
119.61%
17.96%
10.15%
2004 1. Quarter
188,944
331,494
11,200,325
20.92%
1,188,306
21.30%
2003 J a n
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 J a n
163,170
127,137
192,911
155,160
153,501
199,638
199,248
168,257
185,234
216,717
159,948
132,811
188,944
260,983
270,438
208,636
185,532
179,388
229,181
227,494
235,726
336,106
342,875
228,280
233,175
331,494
9,262,553
7,993,490
13,207,675
9,026,407
8,482,797
11,632,377
9,634,985
8,397,413
11,395,924
12,678,334
8,455,868
7,202,705
11,200,325
-3.44%
2.60%
50.12%
14.55%
-5.84%
40.29%
-4.62%
-21.66%
12.11%
-0.34%
9.18%
21.09%
20.92%
979,651
848,749
1,400,846
957,134
904,587
1,244,517
1,026,104
889,144
1,207,353
1,341,058
893,091
760,064
1,188,306
-1.49%
5.18%
54.64%
17.98%
-2.43%
45.56%
-2.05%
-20.46%
13.39%
0.49%
9.73%
21.53%
21.30%
2004 Total
188,944
331,494
11,200,325
20.92%
1,188,306
21.30%
1,600,000
90,000
1,400,000
80,000
1,200,000
70,000
60,000
Volume
1,000,000
50,000
800,000
40,000
600,000
30,000
400,000
20,000
200,000
10,000
0
Jan
Feb
Mar
Apr
May
Jun
Jul
2003
Aug
Sep
Oct
Nov
Dec
Jan
2004
Open Interest
Before January 1999 only SCHATZ Future which was delisted on March 8, 1999. The successive product is the Euro-SCHATZ Future with a contract size of
100,000 EUR.
Eurex
Eurex
January 2004
ex_monthly
09.02.2004
page 83
Euro-Schatz Futures
5.4.2

Agent
1997
1998
1999
2000
2001
2002
2003

Total
Change YoY

Total
Change YoY
21.98%
16.80%
17.24%
14.45%
9.15%
16.08%
11.11%
117,492
72,431
178,681
383,998
461,182
516,435
562,980
-38.35%
146.69%
114.91%
20.10%
11.98%
9.01%
15,461
9,715
18,351
39,461
47,900
54,556
59,534
-37.17%
88.89%
115.04%
21.38%
13.90%
9.12%
Total
Total
Total
Total
Total
Total
Total
52.04%
54.23%
46.02%
42.31%
50.83%
51.00%
56.64%
25.98%
28.97%
36.74%
43.24%
40.02%
32.92%
32.25%
2004 1. Quarter
63.66%
29.58%
6.76%
689,416
1.24%
73,055
1.32%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
50.11%
55.96%
59.62%
58.70%
54.05%
54.95%
53.23%
54.57%
60.22%
62.12%
59.82%
51.47%
63.66%
37.99%
32.52%
30.66%
32.16%
33.79%
31.54%
35.34%
32.90%
27.54%
30.28%
31.46%
33.93%
29.58%
11.90%
11.52%
9.72%
9.15%
12.16%
13.52%
11.43%
12.52%
12.24%
7.60%
8.72%
14.59%
6.76%
680,974
726,715
538,814
545,817
541,530
480,640
530,233
575,647
538,943
587,374
579,406
562,980
689,416
17.80%
22.35%
-0.79%
-8.18%
-13.88%
-8.88%
-5.22%
12.61%
-6.19%
-4.72%
5.23%
9.01%
1.24%
72,100
77,348
57,227
58,014
57,856
51,304
56,225
60,956
57,327
62,056
61,080
59,534
73,055
20.54%
25.75%
2.77%
-5.37%
-10.51%
-5.90%
-3.44%
14.26%
-5.13%
-4.27%
5.64%
9.12%
1.32%
2004 Total
63.66%
29.58%
6.76%
689,416
1.24%
73,055
1.32%
Eurex
Eurex
January 2004
5.5
Options on Euro-Schatz Futures
5.5.1
Traded Contracts
Trades
1998
1999
2000
2001
2002
2003
Total
Total
Total
Total
Total
Total
1,213
2,233
4,627
3,035
2,528
2,041
OTC-Trades
in Contracts
Traded Contracts
Calls
ex_monthly
09.02.2004
page 84
Puts
Total
Change YoY
378,448
486,382
1,954,183
10,075,031
8,954,263
11,723,090
28.52%
301.78%
415.56%
-11.12%
30.92%
0
4,308
1,847,459
9,430,999
8,577,775
11,395,485
209,945
271,101
1,128,740
7,016,970
5,304,227
7,038,613
168,503
215,281
825,443
3,058,061
3,650,036
4,684,477

Calls
Puts
Total
Change YoY
27,964
29,064
115,821
730,336
554,271
748,977
22,301
23,010
84,114
316,450
379,362
495,736
50,266
52,073
199,935
1,046,786
933,633
1,244,713
3.60%
283.95%
423.56%
-10.81%
33.32%
2004 1. Quarter
164
798,033
473,062
346,895
819,957
-30.96%
50,278
36,691
86,969
-30.87%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
126
197
207
107
213
183
148
129
130
259
256
86
164
1,170,055
1,273,347
1,701,222
1,054,026
1,278,151
884,179
496,202
704,167
752,441
1,000,330
627,457
453,908
798,033
854,764
880,966
923,308
649,295
983,345
564,369
295,883
332,560
528,354
410,110
332,395
283,264
473,062
332,952
424,907
801,375
424,044
325,697
347,927
232,846
392,307
247,241
640,959
331,607
182,615
346,895
1,187,716
1,305,873
1,724,683
1,073,339
1,309,042
912,296
528,729
724,867
775,595
1,051,069
664,002
465,879
819,957
94.97%
169.34%
597.32%
162.27%
151.41%
60.38%
-9.50%
-22.93%
-12.58%
-46.28%
-34.32%
-36.58%
-30.96%
90,687
93,748
98,287
68,969
104,921
60,506
31,823
35,318
56,137
43,497
35,155
29,929
50,278
35,122
44,998
84,843
44,919
34,640
37,116
24,777
41,456
26,104
67,665
34,898
19,198
36,691
125,809
138,746
183,129
113,889
139,561
97,622
56,600
76,774
82,241
111,163
70,052
49,127
86,969
98.72%
176.33%
619.16%
169.84%
160.79%
66.63%
-6.47%
-21.69%
-11.41%
-45.90%
-34.06%
-36.39%
-30.87%
2004 Total
164
798,033
473,062
346,895
819,957
-30.96%
50,278
36,691
86,969
-30.87%
Before January 1999, only the option on the SCHATZ Future which was delisted on March 8, 1999. The successive product is the option on the Euro-SCHATZ Future.
5.5.2

Agent
1998 Total
1999 Total
2000 Total
2001 Total
2002 Total
2003 Total
57.80%
76.44%
74.58%
87.33%
82.31%
88.07%
8.47%
9.36%
7.90%
3.52%
8.40%
3.92%
2004 1. Quarter
91.39%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
78.77%
84.82%
93.88%
87.01%
91.24%
89.03%
84.76%
89.90%
93.11%
89.40%
82.29%
88.94%
91.39%
2004 Total
91.39%

Calls
Puts
Total
Change YoY

Calls
Puts
Total
Change YoY
33.73%
14.20%
17.52%
9.15%
9.29%
8.01%
5,926
10,473
98,817
603,863
249,826
141,495
3,750
7,080
50,260
129,477
145,496
98,108
9,676
17,553
149,077
733,340
395,322
239,603
81.41%
749.30%
391.92%
-46.09%
-39.39%
796
1,081
10,120
63,453
26,329
14,968
503
727
5,116
13,448
15,269
10,318
1,299
1,808
15,236
76,901
41,598
25,287
39.22%
742.55%
404.71%
-45.91%
-39.21%
3.60%
5.01%
262,673
206,101
468,774
-44.34%
27,921
21,762
49,683
-44.31%
6.38%
7.21%
2.83%
3.50%
1.19%
2.98%
3.13%
4.54%
2.12%
3.01%
6.48%
4.31%
3.60%
14.85%
7.97%
3.30%
9.49%
7.58%
7.99%
12.10%
5.57%
4.76%
7.59%
11.22%
6.76%
5.01%
677,065
816,412
810,636
742,943
300,071
372,920
357,461
99,499
304,635
277,359
133,932
141,495
262,673
165,138
190,231
339,498
187,525
114,615
156,055
132,503
85,914
177,555
221,244
129,077
98,108
206,101
842,203
1,006,643
1,150,134
930,468
414,686
528,975
489,964
185,413
482,190
498,603
263,009
239,603
468,774
23.44%
490.48%
443.27%
251.13%
186.23%
106.59%
63.69%
-37.01%
17.38%
-34.65%
-24.95%
-39.39%
-44.34%
71,817
86,953
86,331
79,091
32,095
39,977
38,286
10,544
32,416
29,517
14,154
14,968
27,921
17,394
20,151
35,925
19,845
12,191
16,621
14,097
9,052
18,745
23,309
13,552
10,318
21,762
89,211
107,104
122,255
98,936
44,286
56,598
52,383
19,596
51,160
52,826
27,706
25,287
49,683
24.97%
507.32%
460.12%
262.46%
198.15%
114.83%
69.20%
-36.10%
19.08%
-34.06%
-24.79%
-39.21%
-44.31%
3.60%
5.01%
262,673
206,101
468,774
-44.34%
27,921
21,762
49,683
-44.31%
Eurex
Eurex
January 2004
5.6
Euro-Bobl Futures
5.6.1
Traded Contracts
Trades Basis Trades
in Contracts
1996
1997
1998
1999
2000
2001
2002
2003
Total
Total
Total
Total
Total
Total
Total
Total
ex_monthly
09.02.2004
page 85
Traded Contracts

Total
Change YoY
Total
Change YoY
772,841
866,197
1,093,532
1,950,731
2,302,623
3,363,319
4,160,644
6,053,578
198,608
1,094,855
1,630,466
2,049,413
2,235,556
4,661,025
4,808,270
6,371,605
18,269,169
24,299,906
31,683,256
51,955,163
62,502,582
99,578,068
114,678,996
150,087,139
33.01%
30.38%
63.98%
20.30%
59.32%
15.16%
30.88%
2,410,314
3,244,151
4,313,488
5,797,199
6,462,993
10,643,807
12,289,789
16,763,130
34.59%
32.96%
34.40%
11.48%
64.69%
15.46%
36.40%
2004 1. Quarter
610,439
591,496
12,932,673
5.62%
1,441,044
5.62%
2003 J a n
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 J a n
480,360
417,669
532,925
451,246
443,472
583,531
589,252
467,050
592,313
632,809
487,054
375,897
610,439
574,384
674,279
561,469
466,540
643,602
525,670
504,140
413,464
602,691
626,038
470,519
308,809
591,496
12,244,884
11,339,935
15,210,056
11,322,477
12,489,843
15,690,115
13,457,425
10,251,783
14,622,078
13,743,219
10,488,169
9,227,155
12,932,673
27.43%
32.38%
63.83%
38.65%
32.31%
77.72%
41.88%
-6.06%
19.16%
10.86%
18.82%
33.90%
5.62%
1,364,350
1,278,985
1,699,222
1,258,188
1,411,361
1,789,418
1,513,931
1,139,620
1,621,265
1,518,365
1,153,453
1,014,973
1,441,044
33.30%
40.47%
74.68%
47.07%
42.73%
91.97%
49.51%
-3.55%
20.93%
12.41%
19.61%
34.15%
5.62%
2004 Total
610,439
591,496
12,932,673
5.62%
1,441,044
5.62%
2,000,000
90,000
1,800,000
80,000
1,600,000
70,000
Volume
1,400,000
60,000
1,200,000
50,000
1,000,000
40,000
800,000
30,000
600,000
400,000
20,000
200,000
10,000
0
Jan
Feb
Mar
Apr
May
Jun
Jul
2003
Aug
Sep
Oct
Nov
Dec
Jan
2004
Open Interest
Before January 1999, only BOBL Future which was delisted on March 8, 1999. The successive product is the Euro-BOBL Future with a contract size of
100,000 EUR.
Eurex
Eurex
January 2004
ex_monthly
09.02.2004
page 86
Euro-Bobl Futures
5.6.2

Agent
1996
1997
1998
1999
2000
2001
2002
2003

Total
Change YoY

Total
Change YoY
Total
Total
Total
Total
Total
Total
Total
Total
47.18%
45.68%
45.19%
41.58%
41.62%
49.81%
43.81%
45.39%
36.51%
34.29%
34.26%
37.26%
40.91%
39.48%
36.94%
35.30%
16.31%
20.03%
20.55%
21.16%
17.46%
10.72%
19.25%
19.30%
222,638
188,525
165,118
288,017
385,084
377,504
544,374
639,551
-15.32%
-12.42%
74.43%
33.70%
-1.97%
44.20%
17.48%
25,088
22,951
29,756
40,838
40,131
60,494
70,689
-8.52%
29.65%
37.25%
-1.73%
50.74%
16.85%
2004 1. Quarter
45.76%
37.04%
17.20%
757,593
19.95%
84,232
19.20%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
41.25%
43.72%
46.19%
43.68%
46.24%
45.16%
43.30%
46.45%
48.76%
47.01%
46.09%
46.35%
45.76%
36.91%
36.39%
34.53%
37.67%
35.69%
34.29%
37.56%
33.26%
32.48%
35.34%
36.95%
32.94%
37.04%
21.84%
19.88%
19.28%
18.65%
18.06%
20.56%
19.14%
20.29%
18.77%
17.65%
16.96%
20.71%
17.20%
631,615
692,776
558,944
558,248
605,379
597,610
586,935
656,746
653,180
633,300
712,117
639,551
757,593
30.84%
39.52%
9.69%
1.14%
4.70%
6.82%
-2.06%
6.46%
7.01%
2.82%
16.88%
17.48%
19.95%
70,662
78,428
62,434
62,393
68,836
67,731
65,315
72,928
73,160
69,787
77,986
70,689
84,232
37.97%
48.79%
17.84%
7.64%
13.69%
14.16%
1.40%
9.06%
9.02%
3.58%
17.21%
16.85%
19.20%
2004 Total
45.76%
37.04%
17.20%
757,593
19.95%
84,232
19.20%
Eurex
Eurex
January 2004
5.7
Options on Euro-Bobl Futures
5.7.1
Traded Contracts
Trades
1996
1997
1998
1999
2000
2001
2002
2003
Total
Total
Total
Total
Total
Total
Total
Total
OTC-Trades
in Contracts
Traded Contracts
Calls
ex_monthly
09.02.2004
page 87
Puts
Total
Change YoY

Calls
Puts
Total
Change YoY
5,274
9,287
6,406
8,999
6,616
2,931
3,241
4,825
0
72,943
3,027,899
5,921,982
4,322,771
10,121,845
320,260
760,154
624,652
893,981
1,349,451
4,009,039
2,535,514
5,140,022
343,242
945,080
618,106
988,497
1,087,040
2,179,923
1,993,873
5,358,512
663,502
1,705,234
1,242,758
1,882,478
2,436,491
6,188,962
4,529,387
10,498,534
157.01%
-27.12%
51.48%
29.43%
154.01%
-26.82%
131.79%
101,568
85,079
96,464
140,253
431,627
274,266
576,944
125,501
83,422
106,486
111,979
232,300
211,784
594,690
87,364
227,069
168,501
202,951
252,232
663,927
486,050
1,171,634
159.91%
-25.79%
20.44%
24.28%
163.22%
-26.79%
141.05%
2004 1. Quarter
420
697,444
314,762
405,545
720,307
57.05%
35,193
44,796
79,990
57.05%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
271
281
478
479
396
330
399
419
348
662
540
222
420
441,051
552,913
1,076,947
744,155
778,329
1,417,816
958,807
624,161
818,471
1,238,278
927,688
543,229
697,444
249,345
305,535
604,371
353,794
482,944
600,321
417,302
298,296
582,893
536,623
415,070
293,528
314,762
209,292
281,195
516,103
434,512
320,930
863,457
573,235
358,819
255,466
738,154
540,113
267,236
405,545
458,637
586,730
1,120,474
788,306
803,874
1,463,778
990,537
657,115
838,359
1,274,777
955,183
560,764
720,307
62.46%
67.43%
178.36%
137.31%
148.00%
531.48%
214.54%
42.73%
45.68%
139.67%
149.94%
64.35%
57.05%
27,854
34,316
67,767
39,552
54,780
68,874
47,396
33,408
64,936
59,751
45,859
32,451
35,193
23,079
31,361
57,232
47,947
36,047
97,839
64,266
39,699
28,088
81,001
58,988
29,142
44,796
50,933
65,677
124,999
87,500
90,827
166,713
111,662
73,107
93,024
140,752
104,847
61,594
79,990
69.18%
76.20%
197.69%
151.56%
167.86%
582.58%
232.23%
47.20%
47.74%
142.09%
150.44%
65.05%
57.05%
2004 Total
420
697,444
314,762
405,545
720,307
57.05%
35,193
44,796
79,990
57.05%
Before January 1999, only the Option on the BOBL Future which was delisted on March 8, 1999. The successive product is the Option on the Euro-BOBL Future.
70,000
160,000
60,000
140,000
50,000
Volume
120,000
100,000
40,000
80,000
30,000
60,000
20,000
40,000
10,000
20,000
0
0
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003
5.7.2
Open Interest
180,000
Jan
2004

Agent

Calls
Puts
Total
Change YoY

Calls
Puts
Total
Change YoY
1996 Total
1997 Total
1998 Total
1999 Total
2000 Total
2001 Total
2002 Total
2003 Total
31.00%
39.26%
56.05%
87.62%
87.83%
90.05%
91.86%
93.45%
31.33%
20.90%
11.87%
3.67%
2.52%
1.43%
2.12%
3.04%
37.68%
39.85%
32.08%
8.71%
9.65%
8.52%
6.02%
3.51%
18,331
33,797
9,177
42,522
76,102
93,043
126,196
114,475
14,367
25,018
4,671
56,953
60,586
80,028
98,831
138,709
32,698
58,815
13,848
99,475
136,688
173,071
225,027
253,184
79.87%
-76.45%
618.33%
37.41%
26.62%
30.02%
12.51%
4,483
1,281
4,448
8,016
10,117
13,930
12,703
3,295
645
5,876
6,324
8,577
10,596
15,090
7,778
1,927
10,324
14,340
18,694
24,526
27,792
-75.23%
435.90%
38.89%
30.37%
31.20%
13.32%
2004 1. Quarter
93.80%
2.24%
3.97%
127,415
198,935
326,350
-1.36%
14,251
21,796
36,047
-0.73%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
92.12%
86.12%
86.50%
90.72%
93.83%
96.97%
95.96%
93.93%
96.16%
94.64%
94.93%
95.88%
93.80%
3.63%
6.51%
10.88%
4.82%
1.93%
1.46%
1.33%
1.36%
0.92%
1.19%
1.46%
1.63%
2.24%
4.25%
7.37%
2.62%
4.46%
4.24%
1.57%
2.71%
4.71%
2.92%
4.18%
3.61%
2.49%
3.97%
169,639
181,970
260,395
258,167
213,480
265,515
204,217
105,684
218,899
164,395
154,687
114,475
127,415
161,202
150,062
203,663
211,017
151,871
279,498
177,941
99,641
117,092
203,331
148,421
138,709
198,935
330,841
332,032
464,058
469,184
365,351
545,013
382,158
205,325
335,991
367,726
303,108
253,184
326,350
50.37%
79.68%
74.39%
76.35%
134.28%
244.02%
58.81%
-21.01%
6.75%
12.06%
140.13%
12.51%
-1.36%
18,890
20,500
29,226
29,006
24,282
30,496
23,338
11,878
24,508
18,349
17,123
12,703
14,251
17,423
16,330
22,223
22,996
17,071
31,492
19,921
10,922
12,883
22,218
16,155
15,090
21,796
36,313
36,830
51,448
52,002
41,354
61,988
43,259
22,800
37,391
40,567
33,278
27,792
36,047
54.12%
88.01%
84.07%
86.99%
155.60%
272.54%
69.61%
-18.48%
9.32%
13.69%
141.20%
13.32%
-0.73%
2004 Total
93.80%
2.24%
3.97%
127,415
198,935
326,350
-1.36%
14,251
21,796
36,047
-0.73%
Eurex
Eurex
January 2004
5.8
Euro-Bund Futures
5.8.1
Traded Contracts
Trades Basis Trades
in Contracts
1996
1997
1998
1999
2000
2001
2002
2003
Total
Total
Total
Total
Total
Total
Total
Total
ex_monthly
09.02.2004
page 88
Traded Contracts

Total
Change YoY
Total
Change YoY
988,047
1,536,385
3,754,764
6,587,027
6,143,723
6,783,204
8,448,938
12,596,868
6,154
198,091
2,354,590
4,200,714
4,946,735
6,592,062
7,030,918
9,765,551
16,496,809
31,337,633
89,877,842
144,158,040
151,326,295
178,011,304
191,263,413
244,414,274
89.96%
186.80%
60.39%
4.97%
17.63%
7.44%
27.79%
2,069,084
4,092,225
12,661,897
16,825,466
15,886,098
19,349,181
20,821,157
28,044,276
97.78%
209.41%
32.88%
-5.58%
21.80%
7.61%
34.69%
2004 1. Quarter
1,113,650
1,018,550
20,538,867
-7.90%
2,345,982
-7.73%
2003 J a n
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 J a n
1,027,166
913,386
1,034,170
951,183
968,806
1,268,538
1,372,318
1,002,379
1,156,979
1,251,880
948,390
701,673
1,113,650
889,880
747,835
898,926
786,172
903,243
976,091
909,119
635,409
900,289
926,892
693,222
498,473
1,018,550
22,301,183
19,288,887
24,274,422
18,606,678
19,464,228
25,384,458
24,167,720
16,216,530
22,992,769
21,770,781
16,512,496
13,434,122
20,538,867
24.81%
40.87%
52.49%
43.07%
38.19%
64.71%
32.51%
-8.72%
15.21%
5.78%
19.92%
22.47%
-7.90%
2,542,580
2,235,949
2,787,984
2,119,186
2,277,117
3,000,567
2,789,722
1,853,213
2,611,630
2,462,950
1,853,182
1,510,197
2,345,982
31.70%
51.52%
65.78%
54.17%
52.95%
82.11%
41.20%
-5.63%
16.89%
7.65%
20.91%
23.01%
-7.73%
2004 Total
1,113,650
1,018,550
20,538,867
-7.90%
2,345,982
-7.73%
3,500,000
120,000
3,000,000
100,000
Volume
2,500,000
80,000
2,000,000
60,000
1,500,000
40,000
1,000,000
20,000
500,000
0
0
Jan
Feb
Mar
Apr
May
Jun
Jul
2003
Aug
Sep
Oct
Nov
Dec
Jan
2004
Open Interest
Before January 1999, only BUND Future which was delisted on March 8, 1999. The successive product is the Euro-BUND Future with a contract size of 100,000 EUR.
Eurex
Eurex
January 2004
ex_monthly
09.02.2004
page 89
Euro-Bund Futures
5.8.2

Agent
1996
1997
1998
1999
2000
2001
2002
2003
Open Interest In Contracts

Total
Change YoY

Total
Change YoY
Total
Total
Total
Total
Total
Total
Total
Total
25.83%
29.54%
47.17%
50.55%
47.72%
56.52%
53.24%
52.91%
49.05%
42.56%
28.58%
26.48%
29.23%
29.56%
27.56%
28.34%
25.12%
27.90%
24.26%
22.97%
23.05%
13.92%
19.19%
18.75%
145,834
145,606
261,459
460,971
618,804
518,409
646,069
806,131
-0.16%
79.57%
76.31%
34.24%
-16.22%
24.63%
24.77%
19,418
38,694
47,993
67,106
55,357
73,348
91,187
99.27%
24.03%
39.83%
-17.51%
32.50%
24.32%
2004 1. Quarter
54.74%
30.35%
14.91%
996,159
20.89%
113,385
19.78%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
51.53%
51.74%
54.40%
56.14%
53.91%
53.07%
49.51%
50.25%
54.96%
55.42%
53.05%
49.49%
54.74%
28.60%
29.44%
27.65%
28.42%
27.78%
27.79%
29.85%
28.23%
25.77%
29.19%
30.53%
27.05%
30.35%
19.87%
18.82%
17.95%
15.43%
18.31%
19.13%
20.64%
21.51%
19.27%
15.39%
16.42%
23.46%
14.91%
824,032
791,680
623,046
700,769
795,108
775,909
861,282
962,757
828,622
933,080
909,332
806,131
996,159
12.64%
5.62%
-1.78%
1.41%
1.04%
5.84%
1.48%
19.04%
15.05%
28.28%
23.19%
24.77%
20.89%
94,661
92,220
71,475
80,435
93,753
90,642
98,167
109,877
95,421
105,198
101,665
91,187
113,385
19.95%
14.28%
7.54%
9.84%
12.76%
15.11%
5.91%
22.71%
17.51%
29.80%
23.67%
24.32%
19.78%
2004 Total
54.74%
30.35%
14.91%
996,159
20.89%
113,385
19.78%
Eurex
Eurex
January 2004
5.9
Options on Euro-Bund Futures
5.9.1
Traded Contracts
Trades
1996
1997
1998
1999
2000
2001
2002
2003
Total
Total
Total
Total
Total
Total
Total
Total
OTC-Trades
in Contracts
Traded Contracts
Calls
ex_monthly
09.02.2004
page 90
Puts
Total
Change YoY
210.36%
971.11%
291.38%
-1.68%
-16.12%
-17.81%
50.70%

Calls
Puts
Total
33,612
506,542
1,502,127
1,536,086
1,449,963
1,062,209
1,545,227
49,411
463,295
1,496,138
1,223,944
955,692
911,547
1,589,080
25,706
83,024
969,837
2,998,264
2,760,030
2,405,655
1,973,757
3,134,308
Change YoY
8,059
7,792
57,003
180,552
142,691
67,369
56,501
80,686
0
1,631,455
20,274,788
16,977,117
14,136,459
22,722,737
89,568
256,592
3,541,590
13,260,545
14,480,884
13,178,919
9,658,821
13,301,572
115,952
381,267
3,290,613
13,479,185
11,810,239
8,875,145
8,467,160
14,014,964
205,520
637,859
6,832,203
26,739,730
26,291,123
22,054,064
18,125,981
27,316,536
222.97%
1068.15%
209.15%
-7.95%
-12.84%
-17.95%
58.80%
2004 1. Quarter
9,278
2,088,129
1,252,773
1,296,320
2,549,093
-2.72%
143,997
146,138
290,135
-2.62%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
5,939
5,921
6,677
5,068
6,128
5,969
9,013
7,110
6,643
9,454
7,887
4,877
9,278
2,200,194
1,773,832
2,418,977
2,124,448
1,948,507
2,477,448
2,629,803
1,325,512
1,569,622
1,785,680
1,489,669
979,045
2,088,129
1,259,790
1,308,588
1,300,482
1,157,794
1,232,266
1,368,876
1,533,300
840,702
1,076,577
855,297
812,320
555,580
1,252,773
1,360,482
891,556
1,575,201
1,303,113
1,093,512
1,473,046
1,621,143
843,261
837,672
1,334,809
1,048,089
633,080
1,296,320
2,620,272
2,200,144
2,875,683
2,460,907
2,325,778
2,841,922
3,154,443
1,683,963
1,914,249
2,190,106
1,860,409
1,188,660
2,549,093
67.27%
51.66%
77.51%
96.88%
100.69%
120.31%
72.25%
0.19%
14.43%
9.88%
15.93%
18.05%
-2.72%
144,622
152,743
151,402
134,151
144,749
163,803
179,862
97,142
123,535
97,905
92,000
63,313
143,997
153,304
101,855
178,914
146,262
125,883
171,890
185,579
95,463
93,857
149,518
116,284
70,272
146,138
297,926
254,598
330,316
280,413
270,632
335,692
365,441
192,606
217,392
247,424
208,284
133,584
290,135
75.54%
63.21%
93.10%
111.92%
120.66%
143.23%
84.47%
3.78%
16.31%
11.47%
16.40%
18.74%
-2.62%
2004 Total
9,278
2,088,129
1,252,773
1,296,320
2,549,093
-2.72%
143,997
146,138
290,135
-2.62%
Before December 1998, only the Option on the BUND Future which was delisted on March 8, 1999. The successive product is the Option on the Euro-BUND Future.
400,000
120,000
350,000
100,000
80,000
250,000
200,000
60,000
150,000
40,000
Open Interest
Volume
300,000
100,000
20,000
50,000
0
0
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003
5.9.2
Jan
2004

Agent

Calls
Puts
Total
Change YoY

Calls
Puts
Total
Change YoY
2,177
14,560
29,881
41,832
27,295
22,548
29,051
3,944
29,332
64,558
89,445
73,869
41,037
51,243
643.63%
120.09%
38.55%
-17.41%
-44.45%
24.87%
38,009
47,769
85,778
-3.69%
41,278
52,278
58,530
48,203
32,368
45,599
55,994
26,744
35,583
29,320
25,465
22,191
38,009
47,784
38,816
47,463
48,721
37,899
49,739
41,371
18,686
27,674
40,165
32,825
29,051
47,769
89,062
91,094
105,993
96,924
70,267
95,338
97,365
45,429
63,257
69,486
58,291
51,243
85,778
12.35%
69.20%
78.47%
59.03%
65.30%
58.53%
26.15%
-25.81%
-15.83%
-5.92%
26.95%
24.87%
-3.69%
38,009
47,769
85,778
-3.69%
1996 Total
1997 Total
1998 Total
1999 Total
2000 Total
2001 Total
2002 Total
2003 Total
34.36%
26.21%
54.78%
74.54%
73.60%
76.52%
79.89%
84.71%
21.22%
45.00%
24.24%
9.38%
8.74%
7.51%
8.44%
7.48%
44.42%
28.79%
20.98%
16.08%
17.66%
15.97%
11.67%
7.82%
6,822
13,283
100,125
321,917
440,655
413,461
163,291
194,178
8,461
16,587
101,074
289,424
401,491
253,021
206,017
263,209
15,283
29,870
201,199
611,341
842,146
666,482
369,308
457,387
95.45%
573.58%
203.85%
37.75%
-20.86%
-44.59%
23.85%
1,767
14,772
34,677
47,613
46,574
18,489
22,191
2004 1. Quarter
86.62%
6.49%
6.89%
330,005
428,336
758,341
-3.69%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
83.49%
80.05%
84.65%
88.18%
85.03%
89.11%
84.99%
81.63%
85.84%
83.34%
81.93%
86.44%
86.62%
8.33%
11.71%
9.06%
5.81%
7.84%
5.29%
5.82%
8.34%
5.89%
7.82%
8.08%
6.03%
6.49%
8.17%
8.24%
6.29%
6.01%
7.13%
5.61%
9.19%
10.04%
8.27%
8.84%
10.00%
7.53%
6.89%
358,806
447,251
501,767
415,268
273,686
381,831
474,362
229,830
306,472
254,044
223,895
194,178
330,005
428,561
345,153
424,183
436,404
331,455
431,717
363,347
166,912
246,719
360,698
297,879
263,209
428,336
787,367
792,404
925,950
851,672
605,141
813,548
837,709
396,742
553,191
614,742
521,774
457,387
758,341
8.90%
57.79%
65.27%
48.27%
50.11%
44.28%
16.40%
-29.27%
-18.51%
-8.13%
26.34%
23.85%
-3.69%
2004 Total
86.62%
6.49%
6.89%
330,005
428,336
758,341
-3.69%
Eurex
Eurex
January 2004
5.10
CONF Futures
5.10.1
Traded Contracts
Trades
1997
1998
1999
2000
2001
2002
2003
ex_monthly
09.02.2004
page 91
Traded Contracts

Total
Change YoY
Total
Change YoY
8,081
42,430
31,281
22,822
14,943
20,157
180,668
722,066
577,030
479,350
416,883
275,392
284,809
13.06%
-20.09%
-16.93%
-13.03%
-33.94%
3.42%
75,854
90,377
72,387
56,175
51,088
33,872
36,946
18.37%
-19.91%
-22.40%
-9.06%
-33.70%
9.08%
2004 1. Quarter
1,115
10,547
-11.02%
1,351
-12.64%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
857
811
2,752
1,298
1,364
2,480
1,689
1,338
2,377
1,550
1,344
2,297
1,115
11,853
10,960
57,929
17,250
15,273
40,120
20,826
15,480
31,832
15,962
14,432
32,892
10,547
-59.07%
-43.29%
47.45%
13.81%
-8.41%
38.28%
49.35%
-19.18%
-26.56%
7.79%
45.79%
27.36%
-11.02%
1,546
1,442
7,579
2,205
1,990
5,310
2,738
2,009
4,063
2,043
1,836
4,185
1,351
-55.66%
-37.71%
62.91%
21.98%
-1.06%
50.13%
58.49%
-15.84%
-25.97%
8.93%
44.80%
26.26%
-12.64%
2004 Total
1,115
10,547
-11.02%
1,351
-12.64%
Volume
8,000
1,600
7,000
1,400
6,000
1,200
5,000
1,000
4,000
800
3,000
600
2,000
400
1,000
200
0
Jan
Feb
Mar
Apr
May
Jun
Jul
2003
Aug
Sep
Oct
Nov
Dec
Jan
2004
Open Interest
Total
Total
Total
Total
Total
Total
Total
Eurex
Eurex
January 2004
5.10.2
ex_monthly
09.02.2004
page 92

Agent
1997
1998
1999
2000
2001
2002
2003

Total
Change YoY

Total
Change YoY
Total
Total
Total
Total
Total
Total
Total
48.85%
47.55%
46.27%
43.50%
57.34%
56.67%
31.27%
32.53%
27.90%
25.02%
11.24%
15.32%
19.88%
19.91%
25.83%
31.48%
31.42%
28.02%
14,378
10,577
10,881
17,362
8,224
8,793
8,149
-26.44%
2.87%
59.56%
-52.63%
6.92%
-7.32%
1,730
1,353
1,304
2,111
982
1,149
1,040
-21.79%
-3.60%
61.89%
-53.51%
17.08%
-9.53%
2004 1. Quarter
54.23%
21.68%
24.09%
9,173
-10.65%
1,174
-12.47%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2004 Jan
45.62%
43.97%
52.10%
53.10%
56.63%
56.17%
52.33%
60.57%
63.32%
56.93%
56.87%
69.67%
54.23%
18.90%
25.31%
13.35%
19.94%
16.63%
15.00%
19.32%
11.57%
10.16%
23.10%
20.18%
9.81%
21.68%
35.48%
30.71%
34.55%
26.96%
26.74%
28.82%
28.35%
27.86%
26.52%
19.98%
22.95%
20.52%
24.09%
10,266
11,358
10,648
9,890
10,791
7,081
6,975
7,617
7,227
9,972
11,034
8,149
9,173
-12.79%
-4.40%
5.37%
8.04%
-15.96%
-29.17%
-33.46%
-31.59%
-26.20%
-4.58%
9.58%
-7.32%
-10.65%
1,341
1,494
1,375
1,264
1,410
929
910
983
935
1,276
1,399
1,040
1,174
-4.45%
5.36%
15.02%
15.25%
-9.01%
-24.23%
-30.19%
-29.27%
-25.16%
-3.96%
8.30%
-9.53%
-12.47%
2004 Total
54.23%
21.68%
24.09%
9,173
-10.65%
1,174
-12.47%
Eurex
Eurex
January 2004
5.11
ex_monthly
09.02.2004
page 93
Deliverable
BondsYear
for Eurex
Futures
Product
Expiry
Expiry
Month
Bond ISIN
Bond Name
Product
Bond ISIN
Bond Name
Product
Expiry Year
Expiry Year
Expiry Month
Expiry Month
Bond ISIN
Bond Name
Conversion Factor
FGBS
FGBS
FGBS
FGBS
FGBS
FGBS
FGBS
FGBS
FGBS
FGBS
2003
2003
2003
2003
2003
2003
2003
2003
2003
2003
3
3
3
3
3
6
6
6
9
9
DE0001134963
DE0001134971
DE0001137008
DE0001141349
DE0001141356
DE0001134971
DE0001141356
DE0001141364
DE0001134989
DE0001141364
7,375% BUND ANL. 95/05

6,875% BUND ANL. 95/05
3,00 % BUND SCHATZANW. 02/04
4,25 % BUNDESOBL.S.134 V.99/05
5,00 % BUND ANL. 00/05
6,875% BUND ANL. 95/05
5,00 % BUND ANL. 00/05
5,00 % BUND ANL. S.136 00/05
6,50 % BUND ANL. 95/05
5,00 % BUND ANL. S.136 00/05
1,022733
1,017053
0,951276
0,968682
0,979765
1,015297
0,982085
0,979791
1,009407
0,982105
FGBM
FGBM
FGBM
FGBM
FGBM
FGBM
FGBM
FGBM
FGBM
2003
2003
2003
2003
2003
2003
2003
2003
2003
3
3
3
6
6
6
9
9
9
DE0001135051
DE0001135077
DE0001135093
DE0001135051
DE0001135077
DE0001135093
DE0001135077
DE0001135093
DE0001135101
5,25 % BUND ANL. 98/08

4,75 % BUND ANL. V.98/08
4,125% BUND ANL. V.98/08
5,25 % BUND ANL. 98/08
4,75 % BUND ANL. V.98/08
4,125% BUND ANL. V.98/08
4,75 % BUND ANL. V.98/08
4,125% BUND ANL. V.98/08
3,75 % BUND ANL. V.99/09
0,969159
0,944188
0,916472
0,970404
0,946664
0,920051
0,948832
0,923379
0,899843
FGBL
FGBL
FGBL
FGBL
FGBL
FGBL
FGBL
FGBL
2003
2003
2003
2003
2003
2003
2003
2003
3
3
3
6
6
6
9
9
DE0001135192
DE0001135200
DE0001135218
DE0001135192
DE0001135200
DE0001135218
DE0001135200
DE0001135218
5,00 % BUND ANL.V.02/12

5,00 % BUND ANL. V.02/12
4,50 % BUND ANL. V.03/13
5,00 % BUND ANL.V.02/12
5,00 % BUND ANL. V.02/12
4,50 % BUND ANL. V.03/13
5,00 % BUND ANL. V.02/12
4,50 % BUND ANL. V.03/13
0.932800
0.929856
0.890864
0.934130
0.931516
0.892821
0.932838
0.894974
CONF
CONF
CONF
CONF
CONF
CONF
CONF
CONF
CONF
CONF
CONF
CONF
CONF
CONF
2003
2003
2003
2003
2003
2003
2003
2003
2003
2003
2003
2003
2003
2003
3
3
3
3
3
6
6
6
6
6
9
9
9
9
CH0001480083
CH0008055649
CH0010379300
CH0010840897
CH0012385586
CH0001480083
CH0008055649
CH0010379300
CH0010840897
CH0012385586
CH0001480083
CH0008055649
CH0010379300
CH0012385586
4.25% EIDG. 14
2,75 % EIDG. 12
4,00 % EIDG. ANLEIHE 00/13
3,750% EIDG. ANLEIHE 01/15
4.25% EIDG. 14
2,75 % EIDG. 12
4.25% EIDG. 14
2,75 % EIDG. 12
0.864003
0.774157
0.853616
0.872560
0.808463
0.866212
0.778945
0.856191
0.875804
0.811364
0.868610
0.783500
0.858950
0.813894
FGBX
FGBX
FGBX
FGBX
FGBX
FGBX
FGBX
FGBX
FGBX
FGBX
FGBX
FGBX
FGBX
FGBX
FGBX
FGBX
FGBX
FGBX
2003
2003
2003
2003
2003
2003
2003
2003
2003
2003
2003
2003
2003
2003
2003
2003
2003
2003
3
3
3
3
3
3
6
6
6
6
6
6
9
9
9
9
9
9
DE0001134922
DE0001135044
DE0001135069
DE0001135085
DE0001135143
DE0001135176
DE0001134922
DE0001135044
DE0001135069
DE0001135085
DE0001135143
DE0001135176
DE0001134922
DE0001135044
DE0001135069
DE0001135085
DE0001135143
DE0001135176
6,25 % BUND ANL.V.94/2024

6,50 % BUNDESANL.V. 97/27
5,625% BUNDESANL.V.98/28
4,75 % BUNDESANL. V. 98/28
6,25 % BUND ANL. V.00/30
5,50 % BUND ANL. V.00/31
6,25 % BUND ANL.V.94/2024
4,75 % BUNDESANL. V. 98/28
6,25 % BUND ANL. V.00/30
5,50 % BUND ANL. V.00/31
6,25 % BUND ANL.V.94/2024
4,75 % BUNDESANL. V. 98/28
6,25 % BUND ANL. V.00/30
5,50 % BUND ANL. V.00/31
1.029018
1.062717
0.951976
0.839016
1.032671
0.932906
1.028653
1.062713
0.952031
0.839937
1.032361
0.932991
1.028517
1.062243
0.952296
0.840528
1.032280
0.933282
Eurex
Eurex
January 2004
ex_monthly
09.02.2004
page 94
FGBL
FGBL
FGBL
FGBL
FGBL
FGBL
FGBL
FGBL
2004
2004
2004
2004
2004
2004
2004
2004
3
3
3
6
6
6
9
9
DE0001135218
DE0001135234
DE0001135242
DE0001135218
DE0001135234
DE0001135242
DE0001135234
DE0001135242
4,50 % BUND ANL. V.03/13

3,75 % BUND ANL. V. 03/13
4,25 % BUND ANL. V.03/14
4,50 % BUND ANL. V.03/13
3,75 % BUND ANL. V. 03/13
4,25 % BUND ANL. V.03/14
3,75 % BUND ANL. V. 03/13
4,25 % BUND ANL. V.03/14
0.899345
0.842663
0.872384
0.901423
0.846048
0.874797
0.849220
0.877404
CONF
CONF
CONF
CONF
CONF
CONF
CONF
CONF
CONF
CONF
CONF
CONF
CONF
CONF
CONF
CONF
2004
2004
2004
2004
2004
2004
2004
2004
2004
2004
2004
2004
2004
2004
2004
2004
3
3
3
3
3
6
6
6
6
6
6
9
9
9
9
9
CH0001480083
CH0008055649
CH0010379300
CH0012385586
CH0015633453
CH0001480083
CH0006448424
CH0008055649
CH0010379300
CH0012385586
CH0015633453
CH0001480083
CH0006448424
CH0010379300
CH0012385586
CH0015633453

4.25 % EIDG. ANLEIHE 97/17
4.25 % EIDG. ANLEIHE 97/17
0.873357
0.793116
0.864838
0.819483
0.706565
0.875704
0.845650
0.798182
0.867578
0.822545
0.710683
0.878240
0.847486
0.870504
0.825240
0.714954
FGBX
FGBX
FGBX
FGBX
FGBX
FGBX
FGBX
FGBX
FGBX
FGBX
FGBX
FGBX
FGBX
FGBX
FGBX
FGBX
FGBX
FGBX
2004
2004
2004
2004
2004
2004
2004
2004
2004
2004
2004
2004
2004
2004
2004
2004
2004
2004
3
3
3
3
3
3
6
6
6
6
6
6
9
9
9
9
9
9
DE0001135044
DE0001135069
DE0001135085
DE0001135143
DE0001135176
DE0001135226
DE0001135044
DE0001135069
DE0001135085
DE0001135143
DE0001135176
DE0001135226
DE0001135044
DE0001135069
DE0001135085
DE0001135143
DE0001135176
DE0001135226

4,75 % BUNDESANL. V. 98/28
6,25 % BUND ANL. V.00/30
5,50 % BUND ANL. V.00/31
4,75 % BUND ANL. V.03/34
4,75 % BUNDESANL. V. 98/28
6,25 % BUND ANL. V.00/30
5,50 % BUND ANL. V.00/31
4,75 % BUND ANL. V.03/34
4,75 % BUNDESANL. V. 98/28
6,25 % BUND ANL. V.00/30
5,50 % BUND ANL. V.00/31
4,75 % BUND ANL. V.03/34
1.061505
0.952858
0.841878
1.032144
0.933894
0.826609
1.061483
0.952928
0.842839
1.031829
0.933995
0.827639
1.060993
0.953207
0.843474
1.031740
0.934301
0.828127
Eurex
Eurex
January 2004
5.12
ex_monthly
09.02.2004
page 95
Delivered Bonds for Eurex Futures

Product Expiry Year Expiry Month
FGBS
FGBS
FGBS
FGBS
FGBS
FGBS
FGBS
FGBS
FGBS
FGBS
FGBS
FGBS
FGBS
FGBS
FGBS
FGBS
FGBS
FGBS
FGBS
FGBS
FGBM
FGBM
FGBM
FGBM
FGBM
FGBM
FGBM
FGBM
FGBM
CONF
CONF
CONF
CONF
CONF
CONF
CONF
CONF
CONF
CONF
CONF
CONF
CONF
2000
2000
2000
2000
2000
2000
2001
2001
2001
2001
2001
2001
2001
2001
2002
2002
2002
2002
2002
2002
2001
2001
2001
2001
2001
2001
2002
2002
2002
2002
2003
2003
2003
2003
2003
2003
2003
2003
2003
2003
2003
2003
3
3
6
9
12
12
3
3
6
6
6
9
9
12
3
3
6
6
9
9
3
6
9
9
12
12
3
3
6
12
3
3
6
6
9
9
9
9
12
12
12
12
Delivery Date
08/03/2000
08/03/2000
08/06/2000
07/09/2000
07/12/2000
07/12/2000
08/03/2001
08/03/2001
07/06/2001
07/06/2001
07/06/2001
06/09/2001
06/09/2001
06/12/2001
07/03/2002
08/03/2002
07/06/2002
06/06/2002
06/09/2002
09/09/2002
08/03/2001
07/06/2001
06/09/2001
06/09/2001
06/12/2001
06/12/2001
08/03/2002
07/03/2002
07/06/2002
09/12/2002
07/03/2003
06/03/2003
05/06/2003
06/06/2003
08/09/2003
09/09/2003
08/09/2003
09/09/2003
08/12/2003
09/12/2003
08/12/2003
09/12/2003
Bond ISIN
Bond Name
DE0001030039
DE0001136885
DE0001136893
DE0001134864
DE0001090009
DE0001136919
DE0001134880
DE0001136927
DE0001090033
DE0001134898
DE0001136935
DE0001090041
DE0001136943
DE0001134914
DE0001136968
DE0001136968
DE0001136976
DE0001136976
DE0001136984
DE0001136984
DE0001141372
DE0001134997
DE0001135010
DE0001135028
DE0001135028
DE0001141380
DE0001135028
DE0001135028
DE0001135028
CH0010840897
CH0010840897
CH0010840897
CH0010840897
CH0010840897
CH0008055649
CH0008055649
CH0010379300
CH0010379300
CH0008055649
CH0008055649
CH0010379300
CH0010379300
8,00 % BUND ANL.92/2002 F.D.E.

4,00 % BUNDESSCHATZ.V.99/01
8,00 % BUND ANL.V.92/2002
7,75 % TREUHAND ANL.V.92/2002
5,00 % BUND ANL.V.00/02
7,125% BUND ANL.V.92/2002
4,75 % BUND ANL. V. 00/02
6,50 % TREUHAND ANL.V.93/2003
6,75 % BUND ANL.V.93/2003
4,25 % BUND ANL.V.01/03
6,875% TREUHAND ANLEIHE 93/03
4,25% BUND SCHATZANW. 01/03
6,00 % BUND ANL.V.93/2003
5,00 % BUND ANL. S.137 00/06
6,00 % BUND ANL. 96/06
6,25 % BUND ANL. 96/06
6,00 % BUND ANL. 97/07
6,00 % BUND ANL. 97/07
4,50 % BUNDESOBL.S.138 01/06
6,00 % BUND ANL. 97/07
6,00 % BUND ANL. 97/07
6,00 % BUND ANL. 97/07
Settlement Price
102.49
102.49
102.00
101.22
102.11
102.11
102.66
102.66
102.87
102.87
102.87
103.32
103.32
103.95
103.41
103.48
103.00
103.05
104.83
104.90
106.61
105.67
106.60
106.60
107.68
107.68
105.41
105.43
105.01
129.20
132.30
132.37
131.40
131.50
127.62
128.10
127.62
128.10
128.49
128.77
128.49
128.77
Conversion Factor Delivered Contracts

1.034076
0.967260
0.975442
1.033964
1.028774
0.983521
1.018067
0.979482
1.008366
1.012628
0.971403
1.013770
0.971403
0.999687
0.959285
0.959285
0.971443
0.971443
0.966808
0.966808
0.956906
0.999572
1.009417
0.999620
0.999888
0.939069
0.999743
0.999743
0.999572
0.869508
0.872560
0.872560
0.875804
0.875804
0.783500
0.783500
0.858950
0.858950
0.788223
0.788223
0.861896
0.861896
34,480
202
19,279
9,376
16,640
6,930
31,885
83
1,150
640
53,546
175
7,728
17,877
12,881
12,881
53,941
53,941
17,598
17,598
1,165
18,850
31,324
560
1,726
16,118
46,187
46,187
53,376
486
1,718
1,718
1,555
1,555
87
87
43
43
60
60
600
600
Eurex
Eurex
January 2004
ex_monthly
09.02.2004
page 96
International Options and Futures Exchanges
6.1
Total Turnover
6.1.1
Traded Contracts Part I

Eurex
CBOT
Share
1997
1998
1999
2000
2001
2002
CBOE
Share
CME
Liffe
Share
Share
Euronext Paris
Share
78.514.548 6,20%
89.438.514 5,50%
185.571.802 10,28%
236.500.026 10,16%
327.634.508 8,79%
357.511.863 6,68%
Total
Total
Total
Total
Total
Total
151.983.100
248.222.487
379.148.639
454.071.506
674.157.863
801.200.494
12,01%
15,27%
21,01%
19,50%
18,09%
14,97%
242.718.939
281.189.378
254.561.215
233.528.558
260.333.070
343.882.529
19,18%
17,30%
14,11%
10,03%
6,99%
6,43%
187.243.741
214.662.909
254.083.746
326.274.971
306.470.509
267.616.496
14,80%
13,20%
14,08%
14,02%
8,22%
5,00%
200.714.428
226.618.831
200.737.123
231.114.296
411.711.797
557.134.450
15,86%
13,94%
11,12%
9,93%
11,05%
10,41%
209.427.578
186.569.532
119.908.119
131.054.816
215.748.022
253.986.231
16,55%
11,48%
6,65%
5,63%
5,79%
4,75%
st
265.012.557
259.390.779
257.019.059
233.509.917
16,41%
14,88%
15,04%
12,93%
95.071.464
115.634.015
128.471.209
114.934.941
5,89%
6,63%
7,52%
6,36%
63.762.345
71.042.279
70.214.590
78.927.292
3,95%
4,08%
4,11%
4,37%
146.438.028
168.589.064
167.232.427
157.948.889
9,07%
9,67%
9,79%
8,74%
86.753.617
89.621.340
84.585.653
74.865.337
5,37%
5,14%
4,95%
4,14%
65.342.655
57.091.887
62.773.666
56.014.409
59.471.263
67.097.351
77.471.434
68.558.807
83.647.608
86.544.961
63.089.417
54.097.036
84.995.879
73.669.660
106.347.018
78.848.566
78.184.972
102.357.241
87.567.251
69.862.756
99.589.052
92.993.096
74.529.242
65.987.579
1.014.932.312
16,03%
16,20%
15,96%
13,73%
13,59%
16,12%
14,66%
15,72%
17,94%
14,54%
12,87%
12,91%
16,24%
15,10%
17,62%
12,48%
14,41%
18,00%
15,63%
13,53%
15,76%
13,42%
13,09%
12,12%
14,77%
22.838.904
23.953.909
24.445.805
23.735.424
29.119.791
29.030.559
33.240.174
36.482.162
30.157.901
36.025.514
31.781.962
23.070.424
28.419.092
31.960.838
34.691.534
30.642.252
43.797.299
41.194.464
45.018.548
42.436.791
41.015.870
42.391.461
37.556.325
34.987.155
454.111.629
5,60%
6,80%
6,21%
5,82%
6,66%
6,97%
6,29%
8,37%
6,47%
6,05%
6,49%
5,50%
5,43%
6,55%
5,75%
4,85%
8,07%
7,24%
8,03%
8,22%
6,49%
6,12%
6,60%
6,43%
6,61%
26.164.701
21.507.730
20.644.812
21.692.523
21.276.848
21.165.444
28.610.135
22.022.906
18.594.537
26.475.145
21.632.176
17.829.539
22.114.466
18.606.096
23.041.783
22.772.736
22.929.056
25.340.487
24.727.786
20.600.437
24.886.367
28.635.741
23.084.363
27.207.188
283.946.506
6,42%
6,10%
5,25%
5,32%
4,86%
5,08%
5,41%
5,05%
3,99%
4,45%
4,41%
4,25%
4,23%
3,81%
3,82%
3,61%
4,23%
4,46%
4,41%
3,99%
3,94%
4,13%
4,06%
5,00%
4,13%
44.293.263
34.750.729
41.475.553
43.712.754
45.073.602
49.908.092
57.974.205
48.343.578
46.945.333
61.460.315
44.153.713
39.043.313
45.481.200
42.402.041
58.554.787
49.534.281
55.415.954
63.638.829
59.607.471
48.995.979
58.628.977
57.287.484
44.636.964
56.024.441
640.208.408
10,87%
9,86%
10,54%
10,72%
10,30%
11,99%
10,97%
11,09%
10,07%
10,32%
9,01%
9,32%
8,69%
8,69%
9,70%
7,84%
10,21%
11,19%
10,64%
9,49%
9,28%
8,27%
7,84%
10,29%
9,32%
21.593.951
17.489.517
17.920.593
16.985.956
20.109.275
19.541.173
23.627.396
21.968.362
25.938.652
29.129.898
21.256.999
18.424.459
25.139.484
25.737.144
35.876.989
24.123.812
29.918.369
35.579.159
28.420.841
24.199.291
31.965.521
30.490.835
22.968.068
21.406.434
335.825.947
5,30%
4,96%
4,56%
4,16%
4,60%
4,69%
4,47%
5,04%
5,56%
4,89%
4,34%
4,40%
4,80%
5,28%
5,95%
3,82%
5,51%
6,26%
5,07%
4,69%
5,06%
4,40%
4,03%
3,93%
4,89%
2003 1 Quarter
2 nd Quarter
3 r d Quarter
4 th Quarter
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Total
OM
Share
Share
42.542.133
49.552.384
56.810.013
58.160.664
66.582.846
64.084.141
3,36%
3,05%
3,15%
2,50%
1,79%
1,20%
4,42%
3,57%
4,48%
3,75%
18.060.070
17.801.780
19.768.593
20.980.723
1,12%
1,02%
1,16%
1,16%
32.074.619 7,87%
33.785.960 9,58%
39.606.620 10,07%
32.514.524 7,97%
33.057.070 7,56%
31.847.812 7,65%
33.356.743 6,31%
23.941.429 5,49%
24.278.679 5,21%
28.125.852 4,72%
25.705.961 5,25%
19.216.594 4,58%
27.535.901 5,26%
19.153.677 3,93%
24.637.028 4,08%
19.801.662 3,13%
19.877.386 3,66%
22.613.941 3,98%
21.291.155 3,80%
18.634.256 3,61%
36.663.482 5,80%
26.804.254 3,87%
21.384.249 3,76%
19.484.921 3,58%
277.881.912 4,04%
6.829.218
5.215.564
5.413.657
5.140.584
4.039.474
4.057.533
4.357.952
4.544.396
5.404.228
7.848.023
6.669.481
4.564.031
7.221.288
5.176.210
5.662.572
6.301.575
5.080.317
6.419.888
5.381.996
6.374.698
8.011.899
10.212.477
5.844.493
4.923.753
76.611.166
1,68%
1,48%
1,38%
1,26%
0,92%
0,97%
0,82%
1,04%
1,16%
1,32%
1,36%
1,09%
1,38%
1,06%
0,94%
1,00%
0,94%
1,13%
0,96%
1,23%
1,27%
1,47%
1,03%
0,90%
1,11%
71.326.606
62.292.989
76.588.893
67.673.424
Euronext Paris changed the contract size of stock options on July 1, 1998, from 100 to 10. In January 1999, Euronext Paris introduced the mini CAC 40 index futures contract with a lot size of 1 EUR as compared to 10 EUR in
the regular version and reduced the contract size of the CAC 40 index option from 50 FF to 1 EUR. Eurex changed the contract size on March 30, 1998, from 500 to 100 and 50 to 10, except for Allianz and Mnchener Rck
VNA.
Share of Some Options and Futures Exchanges at total Turnover

Eurex
CME
CBOE
Euronext Paris
Liffe
ISE
CBOT
20,00%
10,00%
0,00%
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
2003
Aug
Sep
Oct
Nov
Dec
Eurex
Eurex
January 2004
6.1.2
09.02.2004
page 97
Traded Contracts Part II

Euronext Amsterdam
Share
1997
1998
1999
2000
2001
2002
6.1.3
ex_monthly
IDEM/ MIF
Share
MEFF RF/RV
Share
ISE
Share
Osaka SE
Share
HKFE
Share
SFE
Share
Total
Total
Total
Total
Total
Total
48.771.157
64.626.030
49.530.755
58.045.435
66.769.699
77.709.603
3,85%
3,98%
2,74%
2,49%
1,79%
1,45%
11.212.732
21.578.328
9.283.628
13.332.927
17.081.011
17.246.629
0,89%
1,33%
0,51%
0,57%
0,46%
0,32%
35.561.816
31.912.738
17.697.725
22.430.457
37.016.365
41.388.379
2,81%
1,96%
0,98%
0,96%
0,99%
0,77%
7.565.684
65.353.969
152.399.279
0,32%
1,75%
2,85%
14.150.971
15.328.802
16.978.415
14.527.939
17.470.349
20.584.972
1,12%
0,94%
0,94%
0,62%
0,47%
0,38%
8.081.880
8.413.160
6.358.400
9.260.570
10.549.552
11.029.404
0,64%
0,52%
0,35%
0,40%
0,28%
0,21%
28.409.539
30.154.878
30.443.201
31.266.147
35.883.440
36.244.475
2,24%
1,85%
1,69%
1,34%
0,96%
0,68%
st
2003 1 Quarter
2n d Quarter
3r d Quarter
th
4 Quarter
21.756.820
20.029.158
19.359.068
18.379.379
1,35%
1,15%
1,13%
1,02%
4.819.863
4.868.850
4.213.227
3.830.040
0,30%
0,28%
0,25%
0,21%
8.827.870
8.261.671
6.991.433
7.496.216
0,55%
0,47%
0,41%
0,41%
46.201.974
61.749.241
63.373.128
71.470.626
2,86%
3,54%
3,71%
3,96%
5.299.341
6.649.685
9.434.824
6.851.183
0,33%
0,38%
0,55%
0,38%
3.159.671
3.339.552
3.927.771
4.119.219
0,20%
0,19%
0,23%
0,23%
10.057.470
11.733.883
11.217.977
11.746.047
0,62%
0,67%
0,66%
0,65%
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Total
6.473.148
4.624.656
4.895.305
5.150.054
4.569.041
5.430.920
8.878.405
7.526.644
8.164.749
8.902.116
6.827.541
6.267.024
7.321.535
6.479.976
7.955.309
6.672.465
6.330.342
7.026.351
6.704.343
6.067.332
6.587.393
7.730.190
6.005.363
4.643.826
79.524.425
1,59%
1,31%
1,24%
1,26%
1,04%
1,30%
1,68%
1,73%
1,75%
1,50%
1,39%
1,50%
1,40%
1,33%
1,32%
1,06%
1,17%
1,24%
1,20%
1,18%
1,04%
1,12%
1,05%
0,85%
1,16%
1.245.132
1.266.571
1.149.173
1.192.539
1.567.508
1.589.654
1.824.108
1.195.735
1.621.983
1.724.243
1.542.428
1.327.555
1.476.137
1.445.430
1.898.296
1.515.067
1.599.581
1.754.202
1.463.213
1.034.772
1.715.242
1.422.247
1.298.927
1.108.866
17.731.980
0,31%
0,36%
0,29%
0,29%
0,36%
0,38%
0,35%
0,27%
0,35%
0,29%
0,31%
0,32%
0,28%
0,30%
0,31%
0,24%
0,29%
0,31%
0,26%
0,20%
0,27%
0,21%
0,23%
0,20%
0,26%
2.694.219
2.836.093
4.995.054
2.211.704
2.921.805
5.550.929
2.770.830
2.567.424
5.036.951
2.640.723
2.207.111
4.955.536
1.934.227
1.723.331
5.170.312
1.731.115
1.704.705
4.825.851
1.620.962
1.279.117
4.091.354
1.469.128
1.186.407
4.840.681
31.577.190
0,66%
0,80%
1,27%
0,54%
0,67%
1,33%
0,52%
0,59%
1,08%
0,44%
0,45%
1,18%
0,37%
0,35%
0,86%
0,27%
0,31%
0,85%
0,29%
0,25%
0,65%
0,21%
0,21%
0,89%
0,46%
11.296.563
10.416.731
9.982.853
11.264.574
11.948.508
14.391.201
18.537.897
13.237.020
11.203.074
16.352.190
12.924.213
10.844.455
15.795.057
13.594.139
16.812.778
19.290.286
20.163.711
22.295.244
23.599.309
17.834.125
21.939.694
27.130.188
21.622.908
22.717.530
242.794.969
2,77%
2,96%
2,54%
2,76%
2,73%
3,46%
3,51%
3,04%
2,40%
2,75%
2,64%
2,59%
3,02%
2,79%
2,79%
3,05%
3,72%
3,92%
4,21%
3,45%
3,47%
3,92%
3,80%
4,17%
3,53%
1.117.158
1.528.469
1.929.697
1.366.859
1.256.326
2.017.933
2.118.733
1.477.149
1.947.100
2.223.914
1.742.187
1.859.447
1.447.199
1.549.403
2.302.739
1.863.227
1.925.345
2.861.113
4.419.061
2.093.305
2.922.458
2.508.272
1.987.358
2.355.553
28.235.033
0,27%
0,43%
0,49%
0,34%
0,29%
0,48%
0,40%
0,34%
0,42%
0,37%
0,36%
0,44%
0,28%
0,32%
0,38%
0,29%
0,35%
0,50%
0,79%
0,41%
0,46%
0,36%
0,35%
0,43%
0,41%
894.544
644.328
882.711
818.297
933.087
894.494
1.160.810
953.077
1.007.360
993.054
956.177
891.465
1.042.712
895.667
1.221.292
1.142.625
1.061.173
1.135.754
1.307.033
1.278.017
1.342.721
1.439.883
1.310.207
1.369.129
14.546.213
0,22%
0,18%
0,22%
0,20%
0,21%
0,21%
0,22%
0,22%
0,22%
0,17%
0,20%
0,21%
0,20%
0,18%
0,20%
0,18%
0,20%
0,20%
0,23%
0,25%
0,21%
0,21%
0,23%
0,25%
0,21%
2.295.066
2.517.528
3.646.433
2.606.638
3.129.504
4.014.788
3.294.940
2.624.092
3.533.975
3.275.748
2.529.445
2.776.318
2.520.780
3.005.529
4.531.161
2.741.158
3.677.175
5.315.550
3.726.043
2.798.812
4.693.122
3.951.455
3.291.668
4.502.924
44.755.377
0,56%
0,71%
0,93%
0,64%
0,72%
0,96%
0,62%
0,60%
0,76%
0,55%
0,52%
0,66%
0,48%
0,62%
0,75%
0,43%
0,68%
0,93%
0,66%
0,54%
0,74%
0,57%
0,58%
0,83%
0,65%
Traded Contracts Part III

KSE
Amex
Share
1997
1998
1999
2000
2001
2002
Total
Total
Total
Total
Total
Total
st
2003 1 Quarter
2nd Quarter
3r d Quarter
th
4 Quarter
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Total
50.204.404
3,09%
97.137.007
5,38%
213.495.588
9,17%
854.791.737 22,94%
1.932.691.950 36,12%
BM&F
Share
Safex
Share
Tase
Share
SGX-DT
Share
Nybot
Share
Share
7.972.821
105.671.850
143.433.678
186.039.672
0,44%
4,54%
3,85%
3,48%
98.026.839
60.479.050
82.782.749
97.873.282
105.151.106
6,03%
3,35%
3,56%
2,63%
1,97%
18.684.011
24.226.840
35.655.459
29.376.738
1,04%
1,04%
0,96%
0,55%
6.253.138
9.180.494
13.233.531
30.117.221
32.977.577
41.387.439
0,49%
0,56%
0,73%
1,29%
0,88%
0,77%
25.866.190
27.571.963
30.989.862
32.887.395
1,43%
1,18%
0,83%
0,61%
17.035.468
18.056.383
20.929.725
0,73%
0,48%
0,39%
674.500.793
731.277.515
674.868.639
819.282.789
41,78%
41,96%
39,50%
45,35%
41.402.501
47.600.429
44.289.806
46.782.042
2,56%
2,73%
2,59%
2,59%
23.909.021
28.594.830
34.121.471
34.165.783
1,48%
1,64%
2,00%
1,89%
6.421.464
7.876.338
8.517.718
7.881.475
0,40%
0,45%
0,50%
0,44%
8.047.213
10.721.938
8.804.880
10.476.568
0,50%
0,62%
0,52%
0,58%
8.091.788
9.553.492
9.679.560
8.323.384
0,50%
0,55%
0,57%
0,46%
5.665.713
6.355.876
6.034.528
6.776.044
0,35%
0,36%
0,35%
0,38%
124.227.690
101.965.555
118.904.276
146.818.308
161.917.657
123.420.353
192.180.248
146.995.942
168.625.799
247.191.588
214.032.982
186.411.552
219.639.538
214.719.691
240.141.564
331.200.474
214.642.882
185.434.159
206.917.847
219.479.360
248.471.432
316.657.887
267.295.306
235.329.596
2.899.929.736
30,48%
28,93%
30,22%
35,99%
37,01%
29,65%
36,36%
33,71%
36,17%
41,52%
43,67%
45,50%
41,97%
44,01%
39,80%
52,43%
39,55%
32,61%
36,92%
42,52%
39,31%
45,70%
46,96%
43,23%
42,19%
17.697.389
14.926.503
15.395.416
16.551.179
15.907.616
15.748.464
19.454.929
14.227.694
12.146.097
16.930.281
14.911.356
12.142.748
14.894.376
11.499.684
15.008.441
14.631.489
15.582.614
17.386.326
16.404.688
12.015.518
15.869.600
18.092.305
13.951.543
14.738.194
180.074.778
4,34%
4,23%
3,91%
4,06%
3,64%
3,78%
3,68%
3,26%
2,61%
2,84%
3,04%
2,90%
2,85%
2,36%
2,49%
2,32%
2,87%
3,06%
2,93%
2,33%
2,51%
2,61%
2,45%
2,71%
2,62%
8.731.899
7.534.256
9.192.725
10.266.817
11.681.917
9.652.999
7.790.869
8.995.847
7.939.941
8.670.448
8.434.242
6.259.146
8.099.310
7.363.227
8.446.484
9.354.808
9.836.011
9.404.011
10.856.508
11.672.175
11.592.788
12.217.791
11.255.920
10.692.072
120.791.105
2,14%
2,14%
2,34%
2,52%
2,67%
2,32%
1,47%
2,06%
1,70%
1,46%
1,72%
1,49%
1,55%
1,51%
1,40%
1,48%
1,81%
1,65%
1,94%
2,26%
1,83%
1,76%
1,98%
1,96%
1,76%
3.058.939
2.373.665
2.558.934
2.056.659
1.763.728
2.401.159
2.794.907
3.426.038
2.025.359
2.416.574
2.697.745
1.803.031
1.637.946
2.016.357
2.767.161
1.693.380
2.289.167
3.893.791
3.278.534
1.841.611
3.397.573
2.446.116
1.663.511
3.771.848
30.696.995
0,75%
0,67%
0,65%
0,50%
0,40%
0,58%
0,53%
0,79%
0,43%
0,41%
0,55%
0,43%
0,31%
0,41%
0,46%
0,27%
0,42%
0,68%
0,59%
0,36%
0,54%
0,35%
0,29%
0,69%
0,45%
4.555.771
4.139.815
3.384.850
3.320.658
3.354.288
3.395.805
3.742.332
2.479.764
2.717.171
3.305.859
2.937.560
4.053.566
2.417.247
2.526.040
3.103.926
2.695.809
3.953.452
4.072.677
3.304.405
2.724.800
2.775.675
3.046.132
3.899.637
3.530.799
38.050.599
1,12%
1,17%
0,86%
0,81%
0,77%
0,82%
0,71%
0,57%
0,58%
0,56%
0,60%
0,97%
0,46%
0,52%
0,51%
0,43%
0,73%
0,72%
0,59%
0,53%
0,44%
0,44%
0,69%
0,65%
0,55%
2.581.566
2.086.294
2.634.570
2.432.488
2.834.496
3.048.809
3.611.883
3.039.500
3.236.923
3.317.764
2.317.397
1.745.705
2.374.374
2.153.565
3.563.849
2.960.226
2.859.670
3.733.596
3.097.973
3.240.762
3.340.825
3.360.324
2.503.057
2.460.003
35.648.224
0,63%
0,59%
0,67%
0,60%
0,65%
0,73%
0,68%
0,70%
0,69%
0,56%
0,47%
0,42%
0,45%
0,44%
0,59%
0,47%
0,53%
0,66%
0,55%
0,63%
0,53%
0,49%
0,44%
0,45%
0,52%
1.583.844
1.837.720
1.567.823
2.052.617
1.521.887
2.034.966
1.739.187
1.460.547
2.027.333
1.839.277
1.720.222
1.544.302
1.777.378
2.191.767
1.696.568
2.158.005
1.858.498
2.339.373
1.715.328
1.743.027
2.576.173
2.556.449
1.981.236
2.238.359
24.832.161
0,39%
0,52%
0,40%
0,50%
0,35%
0,49%
0,33%
0,33%
0,43%
0,31%
0,35%
0,37%
0,34%
0,45%
0,28%
0,34%
0,34%
0,41%
0,31%
0,34%
0,41%
0,37%
0,35%
0,41%
0,36%
Eurex
Eurex
January 2004
6.2
Index Products
6.2.1

Eurex
CBOT
Share
1997
1998
1999
2000
2001
2002
ex_monthly
09.02.2004
page 98
CBOE
CME
Liffe
Share
Share
Share
33.292.872 14,08%
44.059.637 13,38%
48.065.981 9,35%
65.046.283 9,25%
106.712.473 7,20%
216.230.883 7,81%
Euronext Paris
Share
10.987.982
11.603.829
14.736.571
17.472.999
25.884.688
32.024.600
4,65%
3,52%
2,87%
2,48%
1,75%
1,16%
11.411.417 4,82%
24.871.530 7,55%
107.832.872 20,96%
103.359.576 14,70%
131.072.285 8,84%
110.943.890 4,01%
Total
Total
Total
Total
Total
Total
44.455.743
45.455.822
65.608.952
75.794.263
131.988.426
210.704.845
18,80%
13,81%
12,76%
10,78%
8,90%
7,61%
2.106.475
4.915.724
4.957.997
4.122.380
5.563.656
9.369.959
0,89%
1,49%
0,96%
0,59%
0,38%
0,34%
71.136.728 30,08%
68.283.858 20,74%
56.224.365 10,93%
47.312.484 6,73%
73.737.637 4,97%
94.365.744 3,41%
2003 1 st Quarter
2 nd Quarter
3 rd Quarter
4 th Quarter
73.565.682
64.159.244
64.028.101
62.481.589
7,94%
6,55%
6,87%
5,86%
3.355.069
4.103.944
4.332.766
3.885.704
0,36%
0,42%
0,46%
0,36%
27.944.144
27.349.095
27.109.554
28.419.149
3,02%
2,79%
2,91%
2,67%
68.206.645
70.300.683
75.613.561
72.083.788
7,36%
7,18%
8,11%
6,76%
11.148.988
8.194.210
9.343.386
8.651.332
1,20%
0,84%
1,00%
0,81%
26.555.202
25.345.565
27.070.470
24.028.390
12.115.208 6,69%
12.688.193 8,07%
14.710.436 8,16%
11.293.292 5,67%
12.006.486 5,54%
21.957.992 11,00%
24.581.748 8,66%
17.188.343 7,96%
25.236.185 10,05%
22.942.671 6,74%
17.172.794 6,05%
18.811.497 7,25%
21.641.969 7,29%
19.085.299 6,69%
32.838.414 9,54%
19.860.312 4,87%
18.565.180 6,39%
25.733.752 9,18%
18.348.089 6,25%
16.306.389 5,68%
29.373.623 8,37%
22.811.766 5,63%
19.725.334 5,79%
19.944.489 6,23%
264.234.616 6,77%
452.834
525.029
606.475
621.918
666.415
847.192
1.060.959
778.534
965.028
1.229.004
815.062
801.509
998.337
1.021.220
1.335.512
1.236.996
1.338.989
1.527.959
1.483.195
1.286.953
1.562.618
1.455.345
1.110.646
1.319.713
15.677.483
0,25%
0,33%
0,34%
0,31%
0,31%
0,42%
0,37%
0,36%
0,38%
0,36%
0,29%
0,31%
0,34%
0,36%
0,39%
0,30%
0,46%
0,54%
0,50%
0,45%
0,45%
0,36%
0,33%
0,41%
0,40%
6.234.247
6.385.516
5.729.187
6.179.582
6.885.712
7.611.008
11.527.040
8.932.738
7.866.574
11.123.014
8.402.099
7.489.027
8.548.192
8.758.171
10.637.781
9.193.846
8.536.530
9.618.719
9.109.931
8.308.354
9.691.269
10.046.593
8.005.146
10.367.410
110.821.942
3,44%
4,06%
3,18%
3,10%
3,18%
3,81%
4,06%
4,14%
3,13%
3,27%
2,96%
2,89%
2,88%
3,07%
3,09%
2,25%
2,94%
3,43%
3,10%
2,89%
2,76%
2,48%
2,35%
3,24%
2,84%
10.983.221
11.575.951
12.578.828
13.789.171
14.783.558
18.634.883
23.750.287
18.730.116
20.492.775
29.525.794
20.140.469
21.245.830
22.012.500
19.938.085
26.256.060
22.215.279
21.442.875
26.642.529
29.146.888
18.909.618
27.557.055
25.151.180
19.164.229
27.768.379
286.204.677
6,06%
7,36%
6,98%
6,92%
6,82%
9,33%
8,36%
8,68%
8,16%
8,68%
7,10%
8,19%
7,41%
6,99%
7,62%
5,45%
7,38%
9,50%
9,92%
6,58%
7,85%
6,21%
5,63%
8,67%
7,33%
1.992.663
1.715.911
2.581.597
1.759.947
1.866.411
3.393.021
3.896.861
2.525.107
3.754.113
3.040.713
2.560.518
2.937.738
3.031.823
2.586.264
5.530.901
2.422.361
2.407.543
3.364.306
2.590.161
2.489.097
4.264.128
2.955.456
2.441.950
3.253.926
37.337.916
1,10%
1,09%
1,43%
0,88%
0,86%
1,70%
1,37%
1,17%
1,49%
0,89%
0,90%
1,13%
1,02%
0,91%
1,61%
0,59%
0,83%
1,20%
0,88%
0,87%
1,21%
0,73%
0,72%
1,02%
0,96%
11.078.580
9.889.814
10.932.265
7.444.593
6.894.117
9.549.048
11.030.805
8.729.394
10.254.588
10.236.715
7.883.206
7.020.765
9.165.136
6.900.415
10.489.651
7.875.686
8.583.134
8.886.745
8.920.158
6.928.184
11.222.128
9.309.593
7.951.837
6.766.960
102.999.627
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Total
OM
Share
Share
5.709.573
14.212.996
18.932.328
17.420.001
20.677.757
19.521.190
2,41%
4,32%
3,68%
2,48%
1,39%
0,71%
2,87%
2,59%
2,90%
2,25%
5.121.182
5.421.493
5.631.331
6.072.741
0,55%
0,55%
0,60%
0,57%
6,11%
6,29%
6,06%
3,74%
3,18%
4,78%
3,88%
4,04%
4,08%
3,01%
2,78%
2,71%
3,09%
2,42%
3,05%
1,93%
2,95%
3,17%
3,04%
2,41%
3,20%
2,30%
2,33%
2,11%
2,64%
1.732.002
1.541.607
1.512.092
1.252.650
1.195.037
1.424.087
1.815.118
1.607.605
1.886.737
2.406.147
1.698.197
1.449.911
1.594.553
1.731.615
1.795.014
1.812.526
1.781.742
1.827.225
1.564.695
1.826.023
2.240.613
2.422.782
1.943.702
1.706.257
22.246.747
0,96%
0,98%
0,84%
0,63%
0,55%
0,71%
0,64%
0,74%
0,75%
0,71%
0,60%
0,56%
0,54%
0,61%
0,52%
0,44%
0,61%
0,65%
0,53%
0,64%
0,64%
0,60%
0,57%
0,53%
0,57%
Euronext Paris changed the contract size of index derivatives on July 1, 1998. In January 1999, Euronext Paris introduced the mini CAC 40 index futures contract with a lot size of 1 EUR as compared to 10 EUR in the regular
version and reduced the contract size of the CAC 40 index option from 50 FF to 1 EUR.
12,00%
Share of Some Options and Futures Exchanges at Index Products Turnover

Eurex
CBOE
10,00%
CME
Euronext Paris
8,00%
6,00%
4,00%
2,00%
0,00%
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
2003
Aug
Sep
Oct
Nov
Dec
Eurex
Eurex
January 2004
6.2.2
09.02.2004
page 99

Euronext Amsterdam
Share
1997
1998
1999
2000
2001
2002
Total
Total
Total
Total
Total
Total
2003 1 st Quarter
2 nd Quarter
3 r d Quarter
4 th Quarter
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Total
6.2.3
ex_monthly
IDEM/ MIF
Meffrf/rv
Share
KSE
Share
11.273.768
11.428.454
8.553.701
7.451.079
9.956.519
13.472.945
4,77%
3,47%
1,66%
1,06%
0,67%
0,49%
5.622.082
7.233.015
7.335.697
7.461.914
8.751.478
9.659.430
2,38%
2,20%
1,43%
1,06%
0,59%
0,35%
7.444.392
10.308.570
5.962.843
4.932.569
5.343.252
9.989.052
5.225.566
4.804.192
4.770.607
4.674.920
0,56%
0,49%
0,51%
0,44%
2.730.079
2.826.783
2.259.114
1.991.936
0,29%
0,29%
0,24%
0,19%
1.051.682
872.640
961.844
899.158
852.132
1.129.310
1.577.414
1.154.025
1.169.263
1.187.653
842.710
1.775.114
1.528.906
1.494.288
2.202.372
1.578.794
1.508.742
1.716.656
1.641.050
1.343.046
1.786.511
1.907.231
1.601.601
1.166.088
19.475.285
0,58%
0,55%
0,53%
0,45%
0,39%
0,57%
0,56%
0,53%
0,47%
0,35%
0,30%
0,68%
0,51%
0,52%
0,64%
0,39%
0,52%
0,61%
0,56%
0,47%
0,51%
0,47%
0,47%
0,36%
0,50%
671.224
684.887
679.538
619.187
741.513
898.021
1.062.418
698.225
1.012.503
987.311
798.423
806.180
872.236
768.716
1.089.127
903.820
956.727
966.236
859.249
531.613
868.252
758.683
638.690
594.563
9.807.912
0,37%
0,44%
0,38%
0,31%
0,34%
0,45%
0,37%
0,32%
0,40%
0,29%
0,28%
0,31%
0,29%
0,27%
0,32%
0,22%
0,33%
0,34%
0,29%
0,19%
0,25%
0,19%
0,19%
0,19%
0,25%
Osaka SE
Share
HKFE
Share
SFE
Share
Share
3,15%
3,13%
50.204.404
1,16%
97.137.007
0,70%
213.495.588
0,36%
854.791.737
0,36% 1.932.691.950
15,25%
18,89%
30,36%
57,65%
69,80%
13.928.877
14.964.901
16.294.637
14.424.383
17.432.272
20.563.557
5,89%
4,55%
3,17%
2,05%
1,18%
0,74%
7.738.382
7.886.113
6.025.290
4.728.037
5.891.109
6.999.308
3,27%
2,40%
1,17%
0,67%
0,40%
0,25%
4.100.606
4.525.666
5.084.410
4.925.145
4.402.825
4.176.502
1,73%
1,37%
0,99%
0,70%
0,30%
0,15%
1.943.590
1.941.208
1.949.610
1.869.840
0,21%
0,20%
0,21%
0,18%
674.500.793
731.277.515
674.868.639
819.282.789
72,80%
74,69%
72,41%
76,88%
5.293.922
6.645.591
9.426.836
6.823.272
0,57%
0,68%
1,01%
0,64%
2.175.119
2.523.085
2.879.896
2.680.712
0,23%
0,26%
0,31%
0,25%
1.154.037
1.262.255
1.217.662
1.240.514
0,12%
0,13%
0,13%
0,12%
1.031.168
880.638
933.742
836.665
892.858
1.005.457
860.570
572.204
803.158
790.676
687.188
694.728
628.708
534.085
780.797
629.480
611.211
700.517
693.773
611.029
644.808
597.219
595.355
677.266
7.704.248
0,57%
124.227.690
0,56%
101.965.555
0,52%
118.904.276
0,42%
146.818.308
0,41%
161.917.657
0,50%
123.420.353
0,30%
192.180.248
0,27%
146.995.942
0,32%
168.625.799
0,23%
247.191.588
0,24%
214.032.982
0,27%
186.411.552
0,21%
219.639.538
0,19%
214.719.691
0,23%
240.141.564
0,15%
331.200.474
0,21%
214.642.882
0,25%
185.434.159
0,24%
206.917.847
0,21%
219.479.360
0,18%
248.471.432
0,15%
316.657.887
0,17%
267.295.306
0,21%
235.329.596
0,20% 2.899.929.736
68,56%
64,83%
65,95%
73,72%
74,68%
61,83%
67,68%
68,10%
67,14%
72,63%
75,42%
71,87%
73,97%
75,28%
69,74%
81,19%
73,84%
66,13%
70,43%
76,42%
70,79%
78,20%
78,48%
73,49%
74,30%
1.114.750
1.527.605
1.928.075
1.365.668
1.252.050
2.016.391
2.116.332
1.474.940
1.946.135
2.222.710
1.740.549
1.858.352
1.445.934
1.546.712
2.301.276
1.862.005
1.923.915
2.859.671
4.416.588
2.089.855
2.920.393
2.504.012
1.980.970
2.338.290
28.189.621
0,62%
0,97%
1,07%
0,69%
0,58%
1,01%
0,75%
0,68%
0,77%
0,65%
0,61%
0,72%
0,49%
0,54%
0,67%
0,46%
0,66%
1,02%
1,50%
0,73%
0,83%
0,62%
0,58%
0,73%
0,72%
565.594
432.413
496.241
464.046
604.541
507.526
686.870
643.670
649.027
691.993
679.371
578.016
701.174
632.572
841.373
887.264
817.655
818.166
985.478
915.446
978.972
982.497
858.006
840.209
10.258.812
0,31%
0,27%
0,28%
0,23%
0,28%
0,25%
0,24%
0,30%
0,26%
0,20%
0,24%
0,22%
0,24%
0,22%
0,24%
0,22%
0,28%
0,29%
0,34%
0,32%
0,28%
0,24%
0,25%
0,26%
0,26%
214.553
213.142
479.148
245.594
265.244
477.886
359.156
271.335
512.703
341.405
295.817
500.519
252.807
275.847
625.383
302.826
313.815
645.614
284.669
279.895
653.098
321.984
258.098
660.432
4.874.468
0,12%
0,14%
0,27%
0,12%
0,12%
0,24%
0,13%
0,13%
0,20%
0,10%
0,10%
0,19%
0,09%
0,10%
0,18%
0,07%
0,11%
0,23%
0,10%
0,10%
0,19%
0,08%
0,08%
0,21%
0,12%
Traded Contracts Part III

Amex
Safex
Share
1997
1998
1999
2000
2001
2002
Total
Total
Total
Total
Total
Total
Tase
Share
SGX-DT
Share
BM&F
Share
TSE
Share
Euronext Brussels
Share
Share
271.373
14.543.176
965.335
2.485.566
0,05%
2,07%
0,07%
0,09%
18.582.155
22.196.118
28.798.060
19.018.738
3,61%
3,16%
1,94%
0,69%
5.743.306
7.593.060
10.979.673
26.973.745
26.907.743
29.428.899
2,43%
2,31%
2,13%
3,84%
1,81%
1,06%
9.268.566
9.170.985
9.356.363
10.472.054
1,80%
1,30%
0,63%
0,38%
5.622.295
7.005.700
5.315.925
5.906.877
1,09%
1,00%
0,36%
0,21%
4.223.925
5.092.869
7.366.177
0,60%
0,34%
0,27%
1.566.551
1.677.312
6.872.039
31.212.346
4.166.474
3.400.560
0,66%
0,51%
1,34%
4,44%
0,28%
0,12%
2003 1 st Quarter
2 nd Quarter
3 r d Quarter
4 th Quarter
697.348
928.829
1.295.801
1.299.917
0,08%
0,09%
0,14%
0,12%
4.261.405
5.351.354
4.969.932
4.578.083
0,46%
0,55%
0,53%
0,43%
5.646.628
8.668.316
6.596.364
8.442.284
0,61%
0,89%
0,71%
0,79%
3.063.719
3.336.129
3.865.055
3.632.666
0,33%
0,34%
0,41%
0,34%
1.602.180
1.875.430
2.059.183
2.252.634
0,17%
0,19%
0,22%
0,21%
2.155.235
2.545.038
2.510.075
1.199.071
0,23%
0,26%
0,27%
0,11%
174.097
166.748
176.098
132.270
0,02%
0,02%
0,02%
0,01%
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Total
163.976
125.693
229.110
184.376
228.421
176.031
218.802
183.458
291.734
268.565
226.849
188.551
207.609
196.402
293.337
309.726
253.023
366.080
432.086
394.749
468.966
405.630
429.096
465.191
4.221.895
0,09%
0,08%
0,13%
0,09%
0,11%
0,09%
0,08%
0,08%
0,12%
0,08%
0,08%
0,07%
0,07%
0,07%
0,09%
0,08%
0,09%
0,13%
0,15%
0,14%
0,13%
0,10%
0,13%
0,15%
0,11%
2.417.458
1.680.076
1.661.941
1.172.532
1.331.711
1.757.933
2.198.836
1.419.317
1.409.803
1.440.010
1.316.877
1.212.244
1.130.111
1.289.364
1.841.930
1.238.787
1.552.264
2.560.303
1.301.732
1.193.683
2.474.517
1.349.054
1.039.100
2.189.929
19.160.774
1,33%
1,07%
0,92%
0,59%
0,61%
0,88%
0,77%
0,66%
0,56%
0,42%
0,46%
0,47%
0,38%
0,45%
0,53%
0,30%
0,53%
0,91%
0,44%
0,42%
0,71%
0,33%
0,31%
0,68%
0,49%
3.375.526
2.745.139
2.483.851
2.271.294
2.132.214
2.059.218
2.843.324
1.921.878
1.761.376
2.404.719
2.239.340
3.191.020
1.639.176
1.739.620
2.267.832
2.113.474
3.239.656
3.315.186
2.545.571
1.970.680
2.080.113
2.359.020
3.225.537
2.857.727
29.353.592
1,86%
1,75%
1,38%
1,14%
0,98%
1,03%
1,00%
0,89%
0,70%
0,71%
0,79%
1,23%
0,55%
0,61%
0,66%
0,52%
1,11%
1,18%
0,87%
0,69%
0,59%
0,58%
0,95%
0,89%
0,75%
820.009
674.786
973.752
757.740
816.385
956.676
958.213
830.583
1.014.841
935.340
868.753
864.976
904.609
923.989
1.235.121
1.005.208
1.011.956
1.318.965
1.233.786
1.091.919
1.539.350
1.254.654
1.089.154
1.288.858
13.897.569
0,45%
0,43%
0,54%
0,38%
0,38%
0,48%
0,34%
0,38%
0,40%
0,27%
0,31%
0,33%
0,30%
0,32%
0,36%
0,25%
0,35%
0,47%
0,42%
0,38%
0,44%
0,31%
0,32%
0,40%
0,36%
418.763
452.365
536.601
573.453
478.079
503.257
499.798
516.706
358.116
634.168
466.586
468.985
520.474
560.590
521.116
651.901
570.675
652.854
542.094
676.326
840.763
993.388
635.952
623.294
7.789.427
0,23%
0,29%
0,30%
0,29%
0,22%
0,25%
0,18%
0,24%
0,14%
0,19%
0,16%
0,18%
0,18%
0,20%
0,15%
0,16%
0,20%
0,23%
0,18%
0,24%
0,24%
0,25%
0,19%
0,19%
0,20%
298.916
398.932
1.060.981
381.516
346.694
992.563
542.108
473.159
1.006.367
489.527
439.010
936.404
402.358
477.131
1.275.746
589.204
578.650
1.377.184
693.243
523.882
1.292.950
642.639
556.432
0
8.409.419
0,16%
0,25%
0,59%
0,19%
0,16%
0,50%
0,19%
0,22%
0,40%
0,14%
0,15%
0,36%
0,14%
0,17%
0,37%
0,14%
0,20%
0,49%
0,24%
0,18%
0,37%
0,16%
0,16%
0,00%
0,22%
233.981
298.167
304.713
214.175
647.136
309.241
201.090
201.608
147.025
258.678
463.842
120.904
58.673
56.713
58.711
52.601
56.163
57.984
73.381
44.667
58.050
36.780
44.764
50.726
649.213
0,13%
0,19%
0,17%
0,11%
0,30%
0,15%
0,07%
0,09%
0,06%
0,08%
0,16%
0,05%
0,02%
0,02%
0,02%
0,01%
0,02%
0,02%
0,02%
0,02%
0,02%
0,01%
0,01%
0,02%
0,02%
Eurex
Eurex
January 2004
6.3
International Index Derivatives
6.3.1
Index Options Volume
ex_monthly
09.02.2004
page 100
Traded Contracts
Dez 03
Dez 02
Y-T-D
Chg YoY
CBOE
CME
CBOE
CBOT
CBOE
MSE
CME
3.761.302
408.425
649.673
47.028
220.404
2.043
1.189
2.358.455
337.369
841.649
8.957
91.886
4.047
185
36.754.570
4.986.456
10.193.708
263.629
1.622.687
38.221
8.564
59,48%
21,06%
-22,81%
425,04%
139,87%
-49,52%
542,70%
Eurex
Euronext P
Eurex
Amex
Liffe
Liffe
4.173.179
0
595
679
112
15
3.522.209
0
8.441
4.166
0
0
61.794.673
0
55.417
6.469
2.362
1.636
Eurex
Eurex
Eurex
Eurex
Euronext P
Euronext A
Euronext B
Liffe
Idem
MeffRV
OM
Futop
VEX
Tase
2.509.078
575
1.638
214.965
4.779.861
819.502
20.245
800.534
161.464
311.323
516.660
0
1.351
2.857.727
2.443.093
15.483
0
296.966
4.952.035
1.423.219
31.674
866.061
219.103
0
332.398
2.120
4.344
3.191.020
Osaka SE
SGX-DT
Osaka SE
HKFE
KSE
SFE
997.910
6.058
117
115.908
230.836.792
50.073
Safex
1.088.052
255.354.477

Dez 03
Dez 02
Y-T-D
Chg YoY
332.058
36.057
5.392
3.903
25.688
57
94
197.771
28.291
6.692
712
8.621
92
13
3.113.364
421.188
79.743
21.210
178.068
974
639
67,90%
27,45%
-19,42%
448,13%
197,97%
-37,32%
637,22%
18,48%
0,00%
-92,95%
-83,70%
-
108.156
0
15
14
4
0
87.557
0
280
80
0
0
1.480.081
0
1.335
118
63
40
23,53%
0,00%
-94,75%
-81,85%
-
41.521.920
48.969
13.477
3.983.718
73.668.131
14.120.099
320.540
14.619.893
2.505.347
2.745.556
6.371.381
8.440
27.608
29.352.991
2,70%
-96,29%
-27,61%
-3,48%
-42,42%
-36,08%
-7,57%
-26,31%
55,43%
-100,00%
-68,90%
-10,44%
46.842
0
10
7.207
17.006
27.670
91
35.839
10.784
2.409
3.641
0
10
26.042
38.999
14
0
10.083
15.173
45.932
128
34.126
13.084
0
1.798
6
25
21.409
648.781
25
73
124.295
228.510
422.830
1.253
587.227
155.224
18.644
38.889
24
176
236.250
20,11%
-97,33%
-28,52%
12,09%
-39,76%
-29,17%
5,02%
-17,58%
102,49%
-100,00%
-58,22%
21,64%
714.564
17.097
135
143.734
182.004.256
43.670
14.958.100
249.087
234
2.118.792
2.837.724.953
585.620
39,65%
-64,57%
-13,33%
-19,36%
26,83%
14,66%
78.781
478
2
7.454
1.616.972
2.467
49.179
1.177
2
8.188
1.168.621
1.757
1.061.996
18.015
3
121.807
18.205.384
26.081
60,19%
-59,36%
-1,73%
-8,96%
38,37%
40,39%
474.567
204.352.903
10.501.861
3.171.175.109
129,27%
24,96%
13.425
2.408.570
4.902
1.744.709
109.808
27.302.116
173,86%
38,05%
North America
S&P 500
S&P 500
DJX
DJIA
Nasdaq 100
S&P Can 60
Nikkei 225
Pan Europe
Euro Stoxx 50
Euro Stoxx 50
Stoxx 50
Eurotop 100
FTSEurofirst 80
FTSEurofirst 100
Europe
DAX
Nemax 50
TecDAX
SMI
CAC 40
AEX
BEL 20
FTSE 100
MIB 30
MiniIBEX 35
OMX
KFX
ATX
TA 25
Pacific
Nikkei 225
Nikkei 225
Nikkei 300
Hang Seng
Kospi 200
SPI 200
Africa
ALSI
Total
Eurex
Eurex
January 2004
6.3.2
ex_monthly
09.02.2004
page 101
Index Options Open Interest

Dez 03
Dez 02
North America
S&P 500
S&P 500
DJX
DJIA
Nasdaq 100
S&P Can 60
Nikkei 225
Chg YoY

Dez 03
Dez 02
Chg YoY
OI/Volume-Ratio
Dez 03
Dez 02
CBOE
CME
CBOE
CBOT
CBOE
MSE
CME
3.839.585
225.147
603.906
19.392
180.218
1.285
1.206
3.169.415
214.950
822.035
5.397
70.931
4.251
145
21,14%
4,74%
-26,54%
259,31%
154,08%
-69,77%
731,72%
338.969
19.877
5.012
1.610
21.004
36
95
265.775
18.025
6.536
429
6.655
96
10
27,54%
10,27%
-23,30%
275,11%
215,62%
-62,47%
854,04%
12,2
6,6
11,2
4,9
9,8
7,5
12,2
16,1
7,6
11,7
7,2
9,3
12,6
9,4
Eurex
Euronext P
Eurex
Amex
Liffe
Liffe
9.216.122
0
4.799
357
61
95
7.123.455
0
14.668
636
0
0
29,38%
0,00%
-67,28%
-43,87%
-
240.715
0
119
8
2
3
208.082
0
388
12
0
0
15,68%
0,00%
-69,43%
-37,48%
-
26,5
96,8
6,3
6,5
76,0
24,3
20,9
1,8
-
Eurex
Eurex
Eurex
Eurex
Euronext P
Euronext A
Euronext B
Liffe
Idem
MeffRV
OM
Futop
VEX
Tase
3.174.798
2.783
6.866
367.286
6.971.843
1.168.979
75.408
1.791.329
93.528
305.843
332.355
60
1.570
300.211
3.667.404
77.503
0
476.504
11.193.802
917.035
50.173
1.479.467
89.207
0
147.192
1.120
4.791
230.248
-13,43%
-96,41%
-22,92%
-37,72%
27,47%
50,30%
21,08%
4,84%
125,80%
-94,64%
-67,23%
30,39%
54.441
3
39
11.675
24.805
39.471
338
80.196
6.247
2.366
2.342
0
12
2.736
73.669
74
0
17.476
34.297
29.595
203
58.297
5.327
0
796
3
28
1.545
-26,10%
-96,62%
-33,19%
-27,68%
33,37%
66,56%
37,56%
17,26%
194,15%
-93,45%
-55,97%
77,10%
15,2
58,1
50,3
20,5
17,5
17,1
44,7
26,9
7,0
11,8
7,7
13,9
1,3
18,0
60,1
19,3
27,1
7,7
19,0
20,5
4,9
5,3
6,3
13,2
0,9
Osaka SE
SGX-DT
Osaka SE
HKFE
KSE
SFE
358.353
23.011
57
72.469
3.102.844
113.410
290.827
29.080
51
66.813
4.845.491
92.405
23,22%
-20,87%
11,76%
8,47%
-35,96%
22,73%
28.290
1.817
1
4.661
21.735
5.587
20.016
2.001
1
3.806
31.112
3.718
41,34%
-9,23%
26,73%
22,46%
-30,14%
50,27%
4,3
45,6
5,8
7,5
0,2
27,2
4,9
20,4
4,5
5,6
0,3
25,4
1.592.518
33.947.694
1.623.798
36.708.794
-1,93%
-7,52%
19.650
933.860
16.774
804.745
17,15%
16,04%
17,6
1,6
41,1
2,2
Pan Europe
Euro Stoxx 50
Euro Stoxx 50
Stoxx 50
Eurotop 100
FTSEurofirst 80
FTSEurofirst 100
Europe
DAX
Nemax 50
TecDAX
SMI
CAC 40
AEX
BEL 20
FTSE 100
MIB 30
MiniIBEX 35
OMX
KFX
ATX
TA 25
Pacific
Nikkei 225
Nikkei 225
Nikkei 300
Hang Seng
Kospi 200
SPI 200
Africa
ALSI
Total
Safex
Eurex
Eurex
January 2004
6.3.3
ex_monthly
09.02.2004
page 102
Index Futures Volume

Traded Contracts
Dez 03
Dez 02
Y-T-D
Chg YoY
2.281.453
11.107.884
266.032
0
990.502
447.119
5.655.230
327.596
98.246
0
545.127
2.464.987
9.892.018
407.665
6.413
365.013
428.341
4.489.784
239.438
53.398
0
417.117
20.175.462
161.176.639
4.416.302
0
10.859.690
4.421.221
67.888.938
1.681.994
765.463
0
6.630.407
-7,45%
12,29%
-34,74%
-100,00%
171,36%
4,38%
25,96%
36,82%
83,99%
0,00%
30,69%

Dez 03
Dez 02
Y-T-D
Chg YoY
503.532
489.691
22.081
0
41.106
52.111
132.098
18.432
7.756
0
9.987
516.762
414.367
32.411
102
14.510
40.187
84.472
10.849
3.675
0
3.657
4.239.547
6.799.449
343.778
0
432.290
471.799
1.466.415
86.473
55.395
0
86.954
-2,56%
18,18%
-31,87%
-100,00%
183,29%
29,67%
56,38%
69,88%
111,05%
0,00%
173,05%
The Americas
S&P 500
Mini S&P
DJIA
Mini DJIA ($2)
Mini DJIA ($5)
Nasdaq 100
E-mini Nasdaq
S&P Can 60
Nikkei 225
S&P TOPIX 150
Bovespa
CME
CME
CBOT
CBOT
CBOT
CME
CME
MSE
CME
CME
BM&F
Euro Stoxx 50
Euro Stoxx 50
Stoxx 50
Eurotop 100
FTSEurofirst 80
FTSEurofirst 100
MSCI Euro
MSCI Pan-Euro
Eurex
Euronext P
Eurex
Liffe
Liffe
Liffe
Liffe
Liffe
9.402.025
0
132.163
28.047
58.905
38.195
7.668
88.529
8.915.241
4.753
113.443
17.604
0
0
15.885
108.057
116.035.326
11.866
970.107
109.846
354.830
215.499
107.207
563.944
5,46%
-100,00%
16,50%
59,32%
-51,73%
-18,07%
253.563
0
3.434
1.193
2.026
1.255
122
1.416
221.637
113
2.816
672
0
0
220
1.561
2.787.848
263
23.182
4.210
11.203
6.554
1.452
7.974
14,40%
-100,00%
21,95%
77,46%
-44,42%
-9,28%
DAX
Nemax 50
TecDAX
SMI
CAC 40
FTSE 100
MIB 30
AEX
IBEX 35
OMX
KFX
ATX
BEL 20
Eurex
Eurex
Eurex
Eurex
Euronext P
Liffe
Idem
Euronext A
MeffRV
OM
Futop
VEX
Euronext B
2.286.961
53.902
49.887
815.548
1.987.099
2.196.246
282.296
344.604
306.060
1.094.490
48.606
6.338
30.481
1.958.007
441.207
0
746.578
2.063.977
1.880.409
384.522
327.047
239.468
998.913
38.194
8.166
29.780
27.181.218
750.125
181.954
8.969.174
29.319.624
20.252.114
4.263.886
5.215.465
3.545.942
14.567.900
610.908
49.441
328.673
16,80%
-87,78%
9,24%
-3,72%
16,80%
-26,59%
5,37%
27,81%
9,57%
27,26%
-22,39%
2,35%
220.937
30
268
28.171
70.699
98.324
37.708
23.271
23.680
7.713
160
49
1.368
153.360
173
0
25.006
63.238
74.096
45.923
21.110
14.456
5.404
103
47
1.206
2.165.511
311
926
282.279
906.731
808.621
525.892
312.909
238.764
87.455
1.795
317
12.864
44,06%
-82,63%
12,66%
11,80%
32,70%
-17,89%
10,24%
63,81%
42,74%
55,55%
4,28%
13,43%
Nikkei 225
Nikkei 225
Nikkei 300
Topix
MSCI Taiwan
Hang Seng
Kospi 200
SPI 200
Osaka SE
SGX-DT
Osaka SE
TSE
SGX-DT
HKFE
KSE
SFE
1.300.109
728.720
40.154
0
455.541
578.909
4.492.804
610.359
1.106.030
428.473
37.623
883.013
358.460
345.538
4.407.296
456.849
13.058.425
7.098.920
172.862
8.171.257
5.455.812
6.800.360
62.204.783
4.288.848
17,55%
70,07%
6,73%
-100,00%
27,08%
67,54%
1,94%
33,60%
102.638
57.529
604
0
5.515
37.231
157.357
30.066
76.122
29.489
499
59.738
3.734
19.683
141.493
18.380
930.000
505.439
2.361
563.970
61.761
398.811
1.968.664
191.611
34,83%
95,09%
21,02%
-100,00%
47,71%
89,15%
11,21%
63,58%
ALSI
Total
Safex
1.086.767
50.270.602
695.953
45.774.660
8.521.365
627.393.797
56,16%
9,82%
13.410
2.456.529
7.189
2.108.462
90.094
26.881.870
86,53%
16,51%
Pan Europe
Europe
Pacific
Africa
Eurex
Eurex
January 2004
6.3.4
ex_monthly
09.02.2004
page 103
Index Futures Open Interest

Dez 03
Dez 02
Chg YoY

Dez 03
Dez 02
Chg YoY
OI/Volume-Ratio
Dez 03
Dez 02
The Americas
S&P 500
Mini S&P
DJIA
Mini DJIA ($2)
Mini DJIA ($5)
Nasdaq 100
E-mini Nasdaq
S&P Can 60
Nikkei 225
S&P TOPIX 150
Bovespa
Pan Europe
EURO STOXX 50
EURO STOXX 50
STOXX 50
Eurotop 100
FTSEurofirst 80
FTSEurofirst 100
MSCI Euro
MSCI Pan-Euro
Europe
DAX
Nemax 50
TecDAX
SMI
CAC 40
FTSE 100
MIB 30
AEX
IBEX 35
OMX
KFX
ATX
BEL 20
Pacific
Nikkei 225
Nikkei 225
Nikkei 300
Topix
MSCI Taiwan
Hang Seng
Kospi 200
SPI 200
Africa
ALSI
Total
CME
CME
CBOT
CBOT
CBOT
CME
CME
MSE
CME
CME
BM&F
600.341
363.330
31.548
0
31.503
72.329
164.307
106.641
24.362
0
43.836
584.326
183.575
24.103
0
9.453
61.120
118.204
67.625
12.504
0
40.194
2,74%
97,92%
30,89%
0,00%
233,26%
18,34%
39,00%
57,69%
94,83%
0,00%
9,06%
132.499
16.017
2.619
0
1.307
8.430
3.838
6.000
1.923
0
803
122.498
7.690
1.916
0
376
5.734
2.224
3.064
861
0
352
8,16%
108,29%
36,64%
0,00%
247,91%
47,01%
72,58%
95,80%
123,49%
0,00%
127,86%
3,2
0,4
1,4
0,4
1,9
0,3
3,9
3,0
1,0
2,8
0,2
0,7
0,0
0,3
1,7
0,3
3,4
2,8
1,2
Eurex
Euronext P
Eurex
Liffe
Liffe
Liffe
Liffe
Liffe
1.290.355
0
33.644
11.429
1.055
373
1.242
22.266
1.120.754
691
38.012
6.687
0
0
3.092
29.313
15,13%
-100,00%
-11,49%
70,91%
-59,83%
-24,04%
35.576
0
889
486
36
12
20
356
26.830
16
915
255
0
0
43
423
32,60%
-100,00%
-2,82%
90,37%
-53,75%
-15,89%
1,6
3,1
4,9
0,2
0,1
1,9
3,0
1,5
1,7
4,0
4,6
2,3
3,3
Eurex
Eurex
Eurex
Eurex
Euronext P
Liffe
Idem
Euronext A
MeffRV
OM
Futop
VEX
Euronext B
263.794
24.135
16.412
126.707
441.949
389.675
14.687
52.619
60.102
180.309
14.825
3.180
11.849
236.798
177.906
0
128.012
513.084
432.529
11.731
33.726
40.544
185.486
10.075
3.160
9.975
11,40%
-86,43%
-1,02%
-13,86%
-9,91%
25,20%
56,02%
48,24%
-2,79%
47,15%
0,63%
18,79%
26.351
14
89
4.437
15.724
17.445
1.962
3.553
4.650
1.271
49
25
532
17.197
64
0
4.077
15.720
17.043
1.401
2.177
2.448
1.003
27
18
404
53,23%
-78,52%
8,84%
0,02%
2,36%
40,03%
63,23%
89,99%
26,64%
79,86%
35,21%
31,64%
1,4
5,4
3,9
1,9
2,7
2,1
0,6
1,8
2,4
2,0
3,7
6,0
4,7
1,5
4,8
2,1
3,0
2,8
0,4
1,2
2,0
2,2
3,2
4,6
4,0
Osaka SE
SGX-DT
Osaka SE
TSE
SGX-DT
HKFE
KSE
SFE
217.090
125.920
15.933
0
59.252
91.941
84.837
159.633
170.949
69.654
13.093
237.825
47.710
48.469
63.805
124.240
26,99%
80,78%
21,69%
-100,00%
24,19%
89,69%
32,96%
28,49%
17.138
9.941
240
0
717
5.913
2.971
7.863
11.765
4.794
174
16.089
497
2.761
2.048
4.998
45,67%
107,37%
37,98%
-100,00%
44,35%
114,16%
45,06%
57,32%
2,0
2,1
4,8
1,6
1,9
0,2
3,1
1,9
2,0
4,2
3,2
1,6
1,7
0,2
3,3
170.638
5.324.048
129.805
4.988.229
31,46%
6,73%
2.106
333.802
1.341
279.246
57,02%
19,54%
1,9
1,3
2,2
1,3
Safex
Eurex
Eurex
January 2004
6.3.5
ex_monthly
09.02.2004
page 104
Index Options Volume in EUR million

S&P 500
Nasdaq 100
CBOE/CME
CBOE
1998
1999
2000
2001
2002
Dow Jones IA
CBoT/CBO E
DAX
Eurex
CAC 40
Euronext P
FTSE 100
Liffe
MIB 30 (Mini) IBEX 35

IDEM
Meff RV
SMI
Eurex
AEX Euro Stoxx 50

Euronext A Eurex/Euronext
Total
Total
Total
Total
Total
2.493.527
2.950.819
4.065.511
3.599.486
3.578.688
183.944
318.667
988.774
343.934
153.169
18.904
22.911
66.852
133.485
138.347
755.282
860.679
1.120.168
1.221.252
940.981
312.002
355.281
525.016
526.505
321.416
331.160
472.775
655.562
1.043.572
954.796
263.288
399.031
327.534
244.854
174.269
94.864
87.569
85.464
8.596
38.602
254.431
230.480
170.011
145.305
163.821
354.254
289.954
310.733
349.353
370.830
6.950
149.707
419.520
761.320
1.151.916
2003 1st Quarter

2nd Quarter
3rd Quarter
4th Quarter
814.707
848.276
868.987
1.002.581
27.445
36.448
53.667
65.797
25.255
25.308
23.552
26.837
142.938
155.540
169.245
181.058
52.330
52.292
63.765
60.124
140.236
128.094
168.113
150.784
38.973
42.296
35.876
38.080
4.529
5.081
5.155
2.874
34.243
28.696
33.566
27.789
101.176
99.188
109.761
112.705
381.973
325.654
381.554
390.900
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Total
310.914
296.970
275.002
275.546
272.416
289.765
424.921
291.215
251.103
367.121
297.652
226.062
275.182
242.431
297.094
292.237
265.196
290.842
271.811
289.529
307.647
344.828
289.639
368.115
3.534.552
17.829
17.659
14.183
13.313
14.522
11.058
13.720
11.892
7.469
11.486
10.743
9.295
8.764
9.725
8.956
10.461
10.431
15.557
18.750
14.371
20.546
20.831
18.946
26.020
183.358
8.382
13.906
12.867
9.515
11.883
13.099
16.361
11.971
9.702
13.623
9.637
7.404
7.851
7.564
9.841
8.402
8.440
8.465
7.922
7.789
7.841
10.345
7.197
9.296
100.953
92.633
101.225
100.052
89.769
83.671
93.882
101.561
67.181
57.442
60.489
54.075
38.999
51.754
38.982
52.203
49.471
48.682
57.387
55.104
46.746
67.394
67.811
66.404
46.842
648.781
40.542
35.685
41.772
24.124
21.736
27.924
28.292
22.464
20.904
23.415
19.384
15.173
19.379
13.076
19.875
15.502
17.888
18.901
20.403
16.662
26.700
23.245
19.873
17.006
228.510
93.239
69.745
80.729
76.998
80.777
93.268
115.610
73.888
67.311
84.331
66.535
52.365
44.376
35.324
60.536
44.690
46.751
36.653
53.256
55.911
58.945
63.943
51.002
35.839
587.227
13.784
13.902
12.132
10.714
13.716
18.115
19.031
12.584
16.744
16.134
14.328
13.084
12.983
11.155
14.835
13.199
15.866
13.230
13.776
9.695
12.406
12.772
14.524
10.784
155.224
5.097
4.026
4.688
3.741
4.124
4.054
2.427
1.474
2.357
2.148
2.131
2.334
1.404
1.077
2.048
1.625
1.445
2.011
2.199
1.335
1.622
1.292
1.582
0
17.639
9.753
10.080
13.311
12.517
11.678
27.888
19.515
11.245
10.543
14.234
12.974
10.083
12.228
9.606
12.409
9.318
9.022
10.355
8.956
9.186
15.424
9.962
10.620
7.207
124.295
36.437
30.072
35.894
31.095
26.828
32.153
38.113
28.224
22.109
24.746
19.227
45.932
32.454
28.240
40.482
32.010
30.761
36.417
37.787
32.057
39.917
46.040
38.995
27.670
422.830
80.720
73.213
64.460
64.841
82.497
93.927
143.084
96.998
114.444
134.687
115.488
87.557
137.415
110.808
133.750
110.063
99.344
116.248
101.850
109.272
170.431
148.864
133.880
108.156
1.480.081
Market Share
S&P 500
CBOE
Nasdaq 100
CBOE
Dow Jones IA
CBoT/CBOE
DAX
Eurex
CAC 40
Euronext P
FTSE 100
Liffe
MIB 30 (Mini) IBEX 35

IDEM
Meff RV
SMI
Eurex
Total
Total
Total
Total
Total
49,20%
48,08%
46,54%
42,97%
44,81%
3,63%
5,19%
11,32%
4,11%
1,92%
0,37%
0,37%
0,77%
1,59%
1,73%
14,90%
14,02%
12,82%
14,58%
11,78%
6,16%
5,79%
6,01%
6,28%
4,02%
6,53%
7,70%
7,50%
12,46%
11,95%
5,19%
6,50%
3,75%
2,92%
2,18%
1,87%
1,43%
0,98%
0,10%
0,48%
5,02%
3,76%
1,95%
1,73%
2,05%
6,99%
4,72%
3,56%
4,17%
4,64%
0,14%
2,44%
4,80%
9,09%
14,42%
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
45,58%
47,72%
45,56%
49,79%
47,88%
47,99%
45,93%
48,86%
42,21%
45,98%
44,38%
56,04%
1,45%
1,91%
1,37%
1,78%
1,88%
2,57%
3,17%
2,43%
2,82%
2,78%
2,90%
3,96%
1,30%
1,49%
1,51%
1,43%
1,52%
1,40%
1,34%
1,31%
1,08%
1,38%
1,10%
1,42%
8,57%
7,67%
8,01%
8,43%
8,79%
9,47%
9,31%
7,89%
9,25%
9,04%
10,17%
7,13%
3,21%
2,57%
3,05%
2,64%
3,23%
3,12%
3,45%
2,81%
3,66%
3,10%
3,04%
2,59%
7,35%
6,95%
9,28%
7,61%
8,44%
6,05%
9,00%
9,44%
8,09%
8,53%
7,81%
5,46%
2,15%
2,20%
2,28%
2,25%
2,86%
2,18%
2,33%
1,64%
1,70%
1,70%
2,23%
1,64%
0,23%
0,21%
0,31%
0,28%
0,26%
0,33%
0,37%
0,23%
0,22%
0,17%
0,24%
0,00%
2,03%
1,89%
1,90%
1,59%
1,63%
1,71%
1,51%
1,55%
2,12%
1,33%
1,63%
1,10%
5,38%
5,56%
6,21%
5,45%
5,55%
6,01%
6,38%
5,41%
5,48%
6,14%
5,97%
4,21%
22,76%
21,81%
20,51%
18,75%
17,94%
19,18%
17,21%
18,44%
23,38%
19,85%
20,51%
16,46%
1998
1999
2000
2001
2002
180.000
DAX
160.000
Euro Stoxx 50
AEX Euro Stoxx 50

FTSE 100
140.000
120.000
100.000
80.000
60.000
40.000
20.000
0
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
2003
Aug
Sep
Oct
Nov
Dec
Eurex
Eurex
January 2004
6.3.6
ex_monthly
09.02.2004
page 105
Index Options Traded Contracts

Traded Contracts
S&P 500
CBOE/CME
Nasdaq 100
CBOE
Dow Jones IA
CBoT/CBOE
DAX
Eurex
CAC 40
Euronext P
FTSE 100
Liffe
MIB 30
IDEM
(Mini) IBEX 35
Meff RV
SMI
Eurex
AEX
Euronext A
Euro Stoxx 50
Eurex/Euronext
Total
Total
Total
Total
Total
25.708.136
23.313.805
23.548.454
27.210.966
35.056.260
1.565.244
1.273.270
2.538.044
1.739.338
1.268.891
245.398
229.560
3.963.456
9.275.820
12.348.236
29.948.503
32.613.783
31.941.562
44.102.502
44.027.830
2.752.536
75.652.724
84.036.775
107.251.388
84.342.670
3.968.199
4.897.934
6.285.819
11.848.155
13.263.116
1.577.621
2.236.241
2.842.081
2.716.271
2.588.402
1.681.205
861.255
779.974
998.645
5.366.944
3.394.098
3.669.386
3.474.369
3.179.143
4.230.082
7.864.884
5.532.409
4.701.906
6.569.129
9.133.875
229.408
3.922.787
8.236.355
19.049.707
39.477.430
2003 1st Quarter

2nd Quarter
3rd Quarter
4th Quarter
10.402.123
10.243.172
9.838.215
11.257.516
296.086
357.402
466.319
553.319
3.096.240
2.893.422
2.331.996
2.135.679
10.507.032
10.704.578
10.139.494
10.170.816
18.934.378
17.356.208
19.903.997
17.473.548
3.885.587
3.202.425
4.065.536
3.466.345
685.955
676.821
568.979
573.592
764.426
765.503
740.992
399.349
1.139.825
962.346
1.039.461
842.086
3.789.976
3.478.024
3.464.512
3.387.587
16.842.407
14.067.653
15.493.499
15.391.114
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Total
2.363.903
2.332.600
2.089.259
2.304.063
2.384.794
2.902.304
4.556.758
3.122.697
3.038.688
4.104.498
3.160.872
2.695.824
3.464.455
3.114.439
3.823.229
3.564.523
3.243.157
3.435.492
3.082.852
3.154.921
3.600.442
3.804.653
3.283.136
4.169.727
41.741.026
98.832
112.941
85.100
93.874
112.273
104.269
139.404
123.953
88.515
114.953
95.706
99.071
96.042
104.075
95.969
105.773
102.609
149.020
164.928
117.691
183.700
170.502
159.565
223.252
1.673.126
596.059
1.030.165
819.835
730.988
826.649
1.179.087
1.520.100
1.206.792
1.127.060
1.465.819
995.076
850.606
953.870
936.000
1.206.370
985.173
1.005.988
902.261
827.576
732.991
771.429
845.424
593.554
696.701
10.457.337
3.607.710
4.068.094
3.775.346
3.474.152
3.365.588
4.209.524
4.930.693
3.520.031
3.407.060
3.925.382
3.301.157
2.443.093
3.521.433
2.899.448
4.086.151
3.598.053
3.416.387
3.690.138
3.420.940
2.796.580
3.921.974
3.984.893
3.676.845
2.509.078
41.521.920
9.086.333
7.995.826
8.910.425
5.405.722
5.084.871
7.163.740
8.283.809
6.673.360
7.526.372
7.433.304
5.826.873
4.952.035
6.596.171
4.747.778
7.590.429
5.248.425
5.979.184
6.128.599
6.355.648
5.031.533
8.516.816
6.891.099
5.802.588
4.779.861
73.668.131
1.099.780
838.690
936.259
920.883
1.019.655
1.295.145
1.701.666
1.107.623
1.137.591
1.321.009
1.018.754
866.061
1.243.926
966.305
1.675.356
1.138.308
1.154.876
909.241
1.281.127
1.343.669
1.440.740
1.491.349
1.174.462
800.534
14.619.893
172.363
175.113
145.839
133.687
183.176
260.127
301.437
196.732
310.402
271.399
219.024
219.103
226.043
189.876
270.036
217.229
248.682
210.910
216.265
152.299
200.415
196.699
215.429
161.464
2.505.347
633.155
494.915
568.265
458.822
518.701
586.493
388.320
229.058
433.948
349.891
318.704
386.672
236.037
179.515
348.874
250.390
221.982
293.131
311.346
187.747
241.899
181.231
218.118
0
2.670.270
231.295
238.468
303.439
281.274
265.935
671.513
514.017
311.451
310.638
424.362
380.724
296.966
381.533
319.578
438.714
318.168
303.783
340.395
290.388
288.313
460.760
303.196
323.925
214.965
3.983.718
727.405
607.619
675.702
608.175
553.669
731.320
1.048.251
759.552
746.016
721.800
531.147
1.423.219
1.100.354
1.060.833
1.628.789
1.132.569
1.096.383
1.249.072
1.190.190
973.167
1.301.155
1.394.207
1.173.878
819.502
14.120.099
2.198.386
2.003.804
1.701.548
1.784.060
2.342.288
2.979.255
4.942.967
3.513.915
4.507.966
5.429.370
4.551.662
3.522.209
5.730.380
4.872.736
6.239.291
4.767.052
4.339.726
4.960.875
4.222.101
4.432.728
6.838.670
5.946.615
5.271.320
4.173.179
61.794.673
1998
1999
2000
2001
2002
Meff RV has divided the number of Options by 10 until November 22nd, 2001.
Market Share
S&P 500
CBOE
Nasdaq 100
CBOE
Dow Jones IA
CBoT/CBOE
DAX
Eurex
CAC 40
Euronext P
FTSE 100
Liffe
MIB 30
IDEM
(Mini) IBEX 35
Meff RV
SMI
Eurex
AEX
Euronext A
Euro Stoxx 50
Eurex/Euronext
Total
Total
Total
Total
Total
32,57%
15,12%
13,66%
11,63%
13,96%
1,98%
0,83%
1,47%
0,74%
0,51%
0,31%
0,15%
2,30%
3,97%
4,92%
37,94%
21,15%
18,53%
18,85%
17,53%
3,49%
49,06%
48,76%
45,85%
33,59%
5,03%
3,18%
3,65%
5,06%
5,28%
2,00%
1,45%
1,65%
1,16%
1,03%
2,13%
0,56%
0,45%
0,43%
2,14%
4,30%
2,38%
2,02%
1,36%
1,68%
9,96%
3,59%
2,73%
2,81%
3,64%
0,29%
2,54%
4,78%
8,14%
15,72%
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
11,36%
11,72%
10,44%
14,23%
14,32%
13,14%
16,09%
15,04%
13,43%
16,06%
15,49%
15,18%
14,71%
16,06%
13,95%
16,71%
15,36%
15,43%
14,43%
16,42%
13,10%
15,09%
0,47%
0,57%
0,43%
0,58%
0,67%
0,47%
0,49%
0,60%
0,39%
0,45%
0,47%
0,56%
0,41%
0,54%
0,35%
0,50%
0,49%
0,67%
0,77%
0,61%
0,67%
0,68%
2,86%
5,18%
4,10%
4,51%
4,96%
5,34%
5,37%
5,81%
4,98%
5,73%
4,88%
4,79%
4,05%
4,83%
4,40%
4,62%
4,76%
4,05%
3,87%
3,82%
2,81%
3,35%
17,33%
20,44%
18,87%
21,45%
20,20%
19,06%
17,41%
16,95%
15,05%
15,36%
16,18%
13,76%
14,95%
14,95%
14,91%
16,87%
16,18%
16,57%
16,01%
14,56%
14,27%
15,81%
43,65%
40,18%
44,53%
33,38%
30,53%
32,44%
29,24%
32,14%
33,25%
29,08%
28,56%
27,89%
28,01%
24,48%
27,70%
24,61%
28,32%
27,52%
29,75%
26,19%
31,00%
27,33%
5,28%
4,21%
4,68%
5,69%
6,12%
5,86%
6,01%
5,33%
5,03%
5,17%
4,99%
4,88%
5,28%
4,98%
6,11%
5,34%
5,47%
4,08%
6,00%
6,99%
5,24%
5,92%
0,83%
0,88%
0,73%
0,83%
1,10%
1,18%
1,06%
0,95%
1,37%
1,06%
1,07%
1,23%
0,96%
0,98%
0,99%
1,02%
1,18%
0,95%
1,01%
0,79%
0,73%
0,78%
3,04%
2,49%
2,84%
2,83%
3,11%
2,66%
1,37%
1,10%
1,92%
1,37%
1,56%
2,18%
1,00%
0,93%
1,27%
1,17%
1,05%
1,32%
1,46%
0,98%
0,88%
0,72%
1,11%
1,20%
1,52%
1,74%
1,60%
3,04%
1,81%
1,50%
1,37%
1,66%
1,87%
1,67%
1,62%
1,65%
1,60%
1,49%
1,44%
1,53%
1,36%
1,50%
1,68%
1,20%
3,49%
3,05%
3,38%
3,76%
3,32%
3,31%
3,70%
3,66%
3,30%
2,82%
2,60%
8,02%
4,67%
5,47%
5,94%
5,31%
5,19%
5,61%
5,57%
5,07%
4,74%
5,53%
10,56%
10,07%
8,50%
11,02%
14,06%
13,49%
17,45%
16,92%
19,92%
21,24%
22,31%
19,84%
24,33%
25,13%
22,77%
22,35%
20,55%
22,28%
19,76%
23,07%
24,89%
23,59%
Nov
15,00%
0,73%
2,71%
16,79%
26,50%
5,36%
0,98%
1,00%
1,48%
5,36%
24,08%
Dec
22,48%
1,20%
3,76%
13,53%
25,77%
4,32%
0,87%
0,00%
1,16%
4,42%
22,50%
1998
1999
2000
2001
2002
Eurex
Eurex
January 2004
6.3.7
ex_monthly
09.02.2004
page 106
Index Options Value of Open Interest in EUR million

Value of Open Interest in EUR million
S&P 500
Nasdaq 100
Dow Jones IA
CBOE/CME
CBOE
CBoT/CBOE
1998
1999
2000
2001
2002
CAC 40
Euronext P
FTSE 100
Liffe
MIB 30
IDEM
(Mini) IBEX 35
Meff RV
SMI
Eurex
AEX
Euronext A
Euro Stoxx 50
Eurex/Euronext
181.510
275.624
222.418
208.707
283.800
3.191
31.674
18.600
6.821
7.148
1.079
1.776
3.555
7.012
6.965
24.317
43.333
61.736
83.670
73.669
27.641
50.194
41.619
67.962
34.297
29.921
56.590
68.858
113.863
89.454
7.081
20.139
19.694
8.958
5.327
161
8.261
4.066
4.832
2.793
19.392
11.813
14.477
18.038
17.476
28.571
42.780
45.557
44.645
29.595
1.643
38.306
63.169
125.236
208.082
2003 1st Quarter

2nd Quarter
3rd Quarter
4th Quarter
310.732
358.184
403.756
358.845
8.814
11.601
16.166
21.285
7.582
8.545
8.474
6.622
74.298
61.095
74.010
54.441
23.301
25.882
26.011
24.805
66.561
75.149
86.229
80.196
6.153
6.754
8.070
6.247
2.233
2.205
2.664
0
17.021
13.045
18.706
11.675
29.038
36.549
40.507
39.471
229.313
229.653
274.943
240.715
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Total
251.786
443.433
420.949
409.909
413.812
332.008
388.450
414.169
325.985
396.109
457.482
283.800
327.085
344.335
310.732
367.289
411.063
358.184
407.554
464.469
403.756
460.506
469.672
358.845
358.845
8.621
8.873
8.349
8.904
10.387
7.299
9.778
11.345
7.446
11.081
13.550
7.148
8.597
10.072
8.814
10.543
11.612
11.601
15.710
18.047
16.166
21.779
20.966
21.285
21.285
8.167
11.919
10.658
8.600
10.934
8.158
9.556
11.026
8.069
11.238
12.432
6.965
7.749
8.769
7.582
8.189
9.428
8.545
10.227
11.001
8.474
11.048
9.739
6.622
6.622
105.317
124.076
108.680
116.704
121.808
103.795
116.586
125.138
106.788
114.602
118.451
73.669
80.922
85.682
74.298
77.740
81.057
61.095
68.826
74.705
74.010
80.138
86.784
54.441
54.441
71.847
76.093
63.124
63.176
63.026
51.325
53.275
56.760
36.027
44.249
48.553
34.297
36.312
35.931
23.301
27.425
29.344
25.882
29.422
32.441
26.011
30.282
32.620
24.805
24.805
128.568
126.268
105.992
112.319
112.134
92.501
109.009
108.360
89.357
113.466
123.249
89.454
59.115
64.557
66.561
78.101
89.442
75.149
89.565
98.805
86.229
102.250
109.078
80.196
80.196
12.043
13.582
8.091
8.981
10.665
8.736
9.991
10.732
8.890
11.290
12.543
5.327
8.210
8.550
6.153
8.229
10.163
6.754
8.980
9.508
8.070
9.342
10.662
6.247
6.247
6.680
7.599
5.331
6.767
7.560
4.874
5.321
5.797
4.199
5.251
6.120
2.793
3.238
3.459
2.233
2.779
3.201
2.205
3.332
3.800
2.664
3.141
3.490
0
0
16.725
18.495
16.136
18.998
20.945
20.059
24.427
24.831
22.181
25.891
29.028
17.476
20.323
21.612
17.021
17.029
18.443
13.045
14.822
17.106
18.706
19.216
20.085
11.675
11.675
41.997
46.332
53.711
44.992
43.933
42.277
35.226
39.966
32.681
26.135
29.295
29.595
26.167
26.898
29.038
29.701
32.065
36.549
37.431
40.902
40.507
36.038
38.358
39.471
39.471
143.567
157.006
145.787
159.461
180.899
163.608
203.037
224.637
220.879
249.137
265.522
208.082
226.456
242.726
229.313
246.004
259.747
229.653
243.234
261.972
274.943
287.979
300.177
240.715
240.715
Market Share
S&P 500
CBOE
Nasdaq 100
CBOE
Dow Jones IA
CBoT/CBOE
DAX
Eurex
CAC 40
Euronext P
FTSE 100
Liffe
MIB 30
IDEM
(Mini) IBEX 35
MEFF RV
SMI
Eurex
AEX
Euronext A
Euro Stoxx 50
Eurex/Euronext
55,93%
47,48%
39,45%
30,26%
37,41%
0,98%
5,46%
3,30%
0,99%
0,94%
0,33%
0,31%
0,63%
1,02%
0,92%
7,49%
7,46%
10,95%
12,13%
9,71%
8,52%
8,65%
7,38%
9,85%
4,52%
9,22%
9,75%
12,21%
16,51%
11,79%
2,18%
3,47%
3,49%
1,30%
0,70%
0,05%
1,42%
0,72%
0,70%
0,37%
5,98%
2,04%
2,57%
2,62%
2,30%
8,80%
7,37%
8,08%
6,47%
3,90%
0,51%
6,60%
11,21%
18,16%
27,43%
Nov
31,66%
42,90%
44,46%
42,75%
41,54%
39,78%
40,27%
40,10%
37,80%
39,28%
40,98%
37,41%
40,67%
40,39%
40,09%
42,07%
43,02%
43,22%
43,87%
44,97%
42,08%
43,37%
42,63%
1,08%
0,86%
0,88%
0,93%
1,04%
0,87%
1,01%
1,10%
0,86%
1,10%
1,21%
0,94%
1,07%
1,18%
1,14%
1,21%
1,22%
1,40%
1,69%
1,75%
1,68%
2,05%
1,90%
1,03%
1,15%
1,13%
0,90%
1,10%
0,98%
0,99%
1,07%
0,94%
1,11%
1,11%
0,92%
0,96%
1,03%
0,98%
0,94%
0,99%
1,03%
1,10%
1,07%
0,88%
1,04%
0,88%
13,24%
12,00%
11,48%
12,17%
12,23%
12,44%
12,09%
12,12%
12,38%
11,36%
10,61%
9,71%
10,06%
10,05%
9,59%
8,90%
8,48%
7,37%
7,41%
7,23%
7,71%
7,55%
7,88%
9,03%
7,36%
6,67%
6,59%
6,33%
6,15%
5,52%
5,50%
4,18%
4,39%
4,35%
4,52%
4,52%
4,21%
3,01%
3,14%
3,07%
3,12%
3,17%
3,14%
2,71%
2,85%
2,96%
16,17%
12,22%
11,19%
11,71%
11,26%
11,08%
11,30%
10,49%
10,36%
11,25%
11,04%
11,79%
7,35%
7,57%
8,59%
8,95%
9,36%
9,07%
9,64%
9,57%
8,99%
9,63%
9,90%
1,51%
1,31%
0,85%
0,94%
1,07%
1,05%
1,04%
1,04%
1,03%
1,12%
1,12%
0,70%
1,02%
1,00%
0,79%
0,94%
1,06%
0,81%
0,97%
0,92%
0,84%
0,88%
0,97%
0,84%
0,74%
0,56%
0,71%
0,76%
0,58%
0,55%
0,56%
0,49%
0,52%
0,55%
0,37%
0,40%
0,41%
0,29%
0,32%
0,33%
0,27%
0,36%
0,37%
0,28%
0,30%
0,32%
2,10%
1,79%
1,70%
1,98%
2,10%
2,40%
2,53%
2,40%
2,57%
2,57%
2,60%
2,30%
2,53%
2,53%
2,20%
1,95%
1,93%
1,57%
1,60%
1,66%
1,95%
1,81%
1,82%
5,28%
4,48%
5,67%
4,69%
4,41%
5,07%
3,65%
3,87%
3,79%
2,59%
2,62%
3,90%
3,25%
3,15%
3,75%
3,40%
3,36%
4,41%
4,03%
3,96%
4,22%
3,39%
3,48%
18,05%
15,19%
15,40%
16,63%
18,16%
19,60%
21,05%
21,75%
25,61%
24,70%
23,79%
27,43%
28,16%
28,47%
29,59%
28,18%
27,18%
27,71%
26,18%
25,37%
28,65%
27,12%
27,25%
Dec
42,50%
2,52%
0,78%
6,45%
2,94%
9,50%
0,74%
0,00%
1,38%
4,67%
28,51%
1998
1999
2000
2001
2002
End
End
End
End
End
DAX
Eurex
End
End
End
End
End
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Eurex
Eurex
January 2004
6.3.8
ex_monthly
09.02.2004
page 107
Index Options Open Interest in contracts

Open Interest
S&P 500
CBOE/CME
Nasdaq 100
CBOE
Dow Jones IA
CBoT/CBOE
DAX
Eurex
CAC 40
Euronext P
FTSE 100
Liffe
MIB 30
IDEM
(Mini) IBEX 35
Meff RV
SMI
Eurex
AEX
Euronext A
Euro Stoxx 50
Eurex/Euronext
1.730.794
1.988.816
1.588.097
1.616.986
3.384.365
20.375
85.954
74.880
38.472
76.191
13.775
15.541
232.282
568.423
827.432
957.284
1.512.732
1.794.506
3.131.598
3.667.404
658.008
8.424.248
7.022.631
14.695.894
11.193.802
357.532
508.230
695.936
1.334.522
1.479.467
39.004
211.569
180.186
111.067
89.207
27.284
70.958
44.633
575.405
462.696
458.173
269.337
279.828
412.477
476.504
584.752
637.167
714.501
880.958
917.035
53.044
955.950
1.241.782
3.222.245
7.123.455
2003 1st Quarter

2nd Quarter
3rd Quarter
4th Quarter
3.998.723
4.230.947
4.725.225
4.064.732
94.440
111.125
144.535
182.631
952.214
997.733
945.242
623.298
4.248.043
3.693.460
4.255.731
3.174.798
8.898.744
8.391.970
8.297.127
6.971.843
1.842.105
1.864.182
2.107.628
1.791.329
112.002
107.660
130.375
93.528
380.396
321.287
397.418
576.532
523.398
422.539
574.709
367.286
1.168.325
1.253.608
1.320.406
1.168.979
8.525.048
8.898.482
10.579.919
9.216.122
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Total
1.914.352
3.483.018
3.198.049
3.427.580
3.622.610
3.325.412
4.165.650
4.441.130
3.944.869
4.428.586
4.858.164
3.384.365
4.117.897
4.423.573
3.998.723
4.479.950
5.027.004
4.230.947
4.622.436
5.061.185
4.725.225
5.080.986
5.323.861
4.064.732
3.384.365
47.788
56.745
50.096
62.783
80.306
68.823
99.351
118.256
88.240
110.898
120.715
76.191
94.210
107.787
94.440
106.608
114.228
111.125
138.185
147.797
144.535
178.257
176.576
182.631
76.191
620.778
886.254
703.329
634.355
793.235
718.729
915.937
1.104.547
954.157
1.190.780
1.252.566
827.432
949.210
1.107.068
952.214
989.999
1.133.746
997.733
1.107.663
1.137.664
945.242
1.076.564
1.067.102
623.298
827.432
3.953.654
4.705.902
4.069.087
4.370.078
4.585.334
4.111.215
4.805.562
5.286.686
4.748.700
5.300.383
5.546.116
3.667.404
4.245.263
4.629.656
4.248.043
4.465.442
4.662.527
3.693.460
4.121.451
4.440.070
4.255.731
4.611.645
4.950.668
3.174.798
3.667.404
16.102.434
17.049.874
13.464.989
14.156.317
14.744.266
13.167.021
15.598.698
16.861.623
12.971.342
14.047.126
14.595.258
11.193.802
12.360.066
13.046.465
8.898.744
9.284.892
9.808.336
8.391.970
9.165.061
9.796.699
8.297.127
8.977.325
9.524.735
6.971.843
11.193.802
1.516.486
1.518.389
1.229.253
1.343.317
1.415.485
1.284.493
1.604.503
1.624.386
1.510.166
1.777.397
1.887.130
1.479.467
1.657.081
1.765.974
1.842.105
1.989.326
2.209.491
1.864.182
2.154.569
2.374.500
2.107.628
2.384.775
2.511.810
1.791.329
1.479.467
150.586
171.087
97.268
112.057
142.423
125.449
158.241
167.769
164.810
189.913
191.735
89.207
142.943
145.534
112.002
135.437
159.292
107.660
140.986
149.364
130.375
143.876
158.145
93.528
89.207
829.830
934.009
646.222
829.885
950.936
704.978
851.399
900.744
773.105
855.218
915.459
462.696
544.399
576.532
380.396
428.155
491.765
321.287
471.844
534.413
397.418
440.631
481.274
576.532
462.696
374.684
416.334
355.367
416.852
465.116
469.196
592.039
618.556
560.971
675.722
773.047
476.504
575.652
623.010
523.398
533.618
582.030
422.539
474.055
544.258
574.709
596.281
624.259
367.286
476.504
838.391
936.165
1.011.116
879.991
906.672
961.581
968.827
1.075.548
1.102.752
762.317
809.285
917.035
887.185
1.010.402
1.168.325
1.050.872
1.142.869
1.253.608
1.178.960
1.241.684
1.320.406
1.091.343
1.154.707
1.168.979
917.035
3.718.123
4.075.284
3.748.028
4.135.003
4.754.408
4.527.361
5.987.473
6.807.114
6.994.910
8.140.930
8.770.569
7.123.455
7.946.184
8.702.080
8.525.048
9.182.672
9.798.774
8.898.482
9.466.111
10.198.570
10.579.919
11.080.707
11.547.403
9.216.122
7.123.455
1998
1999
2000
2001
2002
End
End
End
End
End
Meff RV has divided the Open Interest of Options by 10 until November 22nd, 2001.
1998
1999
2000
2001
2002
Market Share
S&P 500
CBOE
Nasdaq 100
CBOE
Dow Jones IA
CBoT/CBOE
DAX
Eurex
CAC 40
Euronext P
FTSE 100
Liffe
MIB 30
IDEM
(Mini) IBEX 35
Meff RV
SMI
Eurex
AEX
Euronext A
Euro Stoxx 50
Eurex/Euronext
35,32%
13,55%
11,45%
6,08%
11,40%
0,42%
0,59%
0,54%
0,14%
0,26%
0,28%
0,11%
1,67%
2,14%
2,79%
19,54%
10,30%
12,94%
11,78%
12,35%
13,43%
57,38%
50,63%
55,27%
37,69%
7,30%
3,46%
5,02%
5,02%
4,98%
0,80%
1,44%
1,30%
0,42%
0,30%
0,56%
0,48%
0,32%
2,16%
1,56%
9,35%
1,83%
2,02%
1,55%
1,60%
11,93%
4,34%
5,15%
3,31%
3,09%
1,08%
6,51%
8,95%
12,12%
23,99%
Nov
6,37%
10,17%
11,19%
11,29%
11,16%
11,29%
11,65%
11,39%
11,67%
11,82%
12,23%
11,40%
12,28%
12,24%
13,01%
13,72%
14,31%
13,97%
13,99%
14,21%
14,11%
14,25%
14,19%
0,16%
0,17%
0,18%
0,21%
0,25%
0,23%
0,28%
0,30%
0,26%
0,30%
0,30%
0,26%
0,28%
0,30%
0,31%
0,33%
0,33%
0,37%
0,42%
0,41%
0,43%
0,50%
0,47%
2,06%
2,59%
2,46%
2,09%
2,44%
2,44%
2,56%
2,83%
2,82%
3,18%
3,15%
2,79%
2,83%
3,06%
3,10%
3,03%
3,23%
3,29%
3,35%
3,19%
2,82%
3,02%
2,84%
13,15%
13,75%
14,24%
14,39%
14,13%
13,95%
13,44%
13,55%
14,04%
14,14%
13,96%
12,35%
12,66%
12,81%
13,82%
13,68%
13,27%
12,19%
12,47%
12,46%
12,71%
12,93%
13,19%
53,55%
49,81%
47,13%
46,62%
45,42%
44,69%
43,64%
43,23%
38,36%
37,48%
36,75%
37,69%
36,87%
36,10%
28,95%
28,44%
27,92%
27,70%
27,74%
27,50%
24,78%
25,17%
25,39%
5,04%
4,44%
4,30%
4,42%
4,36%
4,36%
4,49%
4,16%
4,47%
4,74%
4,75%
4,98%
4,94%
4,89%
5,99%
6,09%
6,29%
6,15%
6,52%
6,67%
6,30%
6,69%
6,69%
0,50%
0,50%
0,34%
0,37%
0,44%
0,43%
0,44%
0,43%
0,49%
0,51%
0,48%
0,30%
0,43%
0,40%
0,36%
0,41%
0,45%
0,36%
0,43%
0,42%
0,39%
0,40%
0,42%
2,76%
2,73%
2,26%
2,73%
2,93%
2,39%
2,38%
2,31%
2,29%
2,28%
2,30%
1,56%
1,62%
1,60%
1,24%
1,31%
1,40%
1,06%
1,43%
1,50%
1,19%
1,24%
1,28%
1,25%
1,22%
1,24%
1,37%
1,43%
1,59%
1,66%
1,59%
1,66%
1,80%
1,95%
1,60%
1,72%
1,72%
1,70%
1,63%
1,66%
1,39%
1,43%
1,53%
1,72%
1,67%
1,66%
2,79%
2,73%
3,54%
2,90%
2,79%
3,26%
2,71%
2,76%
3,26%
2,03%
2,04%
3,09%
2,65%
2,80%
3,80%
3,22%
3,25%
4,14%
3,57%
3,49%
3,94%
3,06%
3,08%
12,37%
11,90%
13,12%
13,62%
14,65%
15,37%
16,75%
17,45%
20,69%
21,72%
22,08%
23,99%
23,71%
24,08%
27,73%
28,13%
27,89%
29,37%
28,65%
28,63%
31,60%
31,07%
30,78%
Dec
14,40%
0,65%
2,21%
11,25%
24,70%
6,35%
0,33%
2,04%
1,30%
4,14%
32,65%
End
End
End
End
End
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Eurex
Eurex
January 2004
6.3.9
09.02.2004
page 108
Pan European Index Futures Traded Contracts

Traded Contracts
Euro Stoxx 50
Eurex
1998
1999
2000
2001
2002
Share
Stoxx 50
Eurex
Share
FTSEurofirst 80
Liffe
Share
FTSEurofirst 100
Liffe
0,00%
0,00%
0,00%
0,00%
0,00%
Share
MSCI Euro
Liffe
Share
MSCI Pan-Euro
Liffe
Share
0,00%
0,00%
0,00%
0,00%
0,00%
41.746
77.140
124.202
114.576
0,73%
0,52%
0,32%
0,15%
22.172
166.135
373.259
552.460
0,39%
1,11%
0,96%
0,70%
Total
Total
Total
Total
Total
366.435
5.341.864
14.315.518
37.828.500
77.439.490
79,45%
93,20%
95,98%
97,55%
98,42%
94.771
326.136
355.801
452.830
577.276
20,55%
5,69%
2,39%
1,17%
0,73%
2003 1st Quarter

2nd Quarter
3rd Quarter
4th Quarter
33.421.503
28.582.657
27.664.243
26.366.923
98,49%
98,45%
97,90%
97,58%
295.406
244.989
212.978
216.734
0,87%
0,84%
0,75%
0,80%
0
21.460
138.669
194.701
0,00%
0,07%
0,49%
0,72%
0
10.656
101.500
103.343
0,00%
0,04%
0,36%
0,38%
42.346
30.398
17.407
17.056
0,12%
0,10%
0,06%
0,06%
175.208
142.644
123.808
122.284
0,52%
0,49%
0,44%
0,45%
3.885.262
3.986.958
5.578.158
3.646.431
3.975.245
9.782.209
10.510.900
7.281.462
12.472.440
9.824.874
6.495.551
8.915.241
8.831.456
8.099.894
16.490.153
8.373.235
7.758.279
12.451.143
7.751.236
6.412.161
13.500.846
9.309.030
7.655.868
9.402.025
116.035.326
98,95%
98,84%
97,47%
98,79%
98,93%
98,37%
99,00%
99,24%
97,70%
98,87%
98,95%
97,41%
99,00%
98,90%
98,01%
98,74%
98,87%
97,99%
98,58%
98,04%
97,44%
98,08%
98,12%
96,65%
98,13%
26.013
26.260
68.224
22.036
20.176
87.229
67.421
37.642
133.138
50.878
38.259
113.443
49.611
53.857
191.938
57.459
56.824
130.706
44.701
37.053
131.224
51.891
32.680
132.163
970.107
0,66%
0,65%
1,19%
0,60%
0,50%
0,88%
0,63%
0,51%
1,04%
0,51%
0,58%
1,24%
0,56%
0,66%
1,14%
0,68%
0,72%
1,03%
0,57%
0,57%
0,95%
0,55%
0,42%
1,36%
0,82%
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
21.460
28.941
47.342
62.386
69.698
66.098
58.905
354.830
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,17%
0,37%
0,72%
0,45%
0,73%
0,85%
0,61%
0,30%
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10.656
14.436
25.103
61.961
37.617
27.531
38.195
215.499
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,08%
0,18%
0,38%
0,45%
0,40%
0,35%
0,39%
0,18%
6.609
9.340
12.526
3.151
3.766
15.288
6.949
5.874
16.504
13.671
5.013
15.885
5.588
15.452
21.306
12.187
6.168
12.043
6.407
3.729
7.271
4.186
5.202
7.668
107.207
0,17%
0,23%
0,22%
0,09%
0,09%
0,15%
0,07%
0,08%
0,13%
0,14%
0,08%
0,17%
0,06%
0,19%
0,13%
0,14%
0,08%
0,09%
0,08%
0,06%
0,05%
0,04%
0,07%
0,08%
0,09%
8.591
11.206
64.209
19.443
19.197
59.984
32.212
12.381
143.357
48.176
25.647
108.057
33.559
20.795
120.854
36.900
25.432
80.312
16.804
14.698
92.306
18.821
14.934
88.529
563.944
0,22%
0,28%
1,12%
0,53%
0,48%
0,60%
0,30%
0,17%
1,12%
0,48%
0,39%
1,18%
0,38%
0,25%
0,72%
0,44%
0,32%
0,63%
0,21%
0,22%
0,67%
0,20%
0,19%
0,91%
0,48%
Share
MSCI Euro
LIFFE
Share
MSCI Pan-Euro
Liffe
Share
0,00%
0,00%
0,00%
0,00%
0,00%
226
70
124
43
1,39%
0,29%
0,38%
0,15%
33
488
432
423
0,20%
2,02%
1,32%
1,50%
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Total
6.3.10
ex_monthly
Pan European Index Futures Value of Open Interest in EUR million

Euro Stoxx 50
Eurex
Share
1998
1999
2000
2001
2002
Stoxx 50
Eurex
Share
FTSEurofirst 80
Liffe
Share
FTSEurofirst 100
Liffe
End
End
End
End
End
2.022
15.020
22.647
31.422
26.830
82,15%
92,44%
93,77%
95,64%
95,11%
439
969
946
878
915
17,85%
5,96%
3,92%
2,67%
3,24%
2003 1st Quarter

2nd Quarter
3rd Quarter
4th Quarter
31.017
30.018
33.936
35.576
96,23%
95,51%
96,18%
96,44%
826
847
831
889
2,56%
2,70%
2,36%
2,41%
0
77
82
36
0,00%
0,24%
0,23%
0,10%
0
74
7
12
0,00%
0,23%
0,02%
0,03%
55
24
22
20
0,17%
0,08%
0,06%
0,05%
333
390
403
356
1,03%
1,24%
1,14%
0,97%
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Total
31.424
37.363
29.296
31.309
34.305
31.160
36.927
34.740
28.498
31.844
35.123
26.830
31.424
35.013
31.017
35.038
36.912
30.018
32.545
35.968
33.936
38.329
42.039
35.576
35.576
95,61%
96,24%
95,29%
95,35%
95,80%
95,97%
96,49%
95,89%
94,88%
94,54%
94,94%
95,11%
95,24%
95,92%
96,23%
96,16%
96,09%
95,51%
95,00%
95,91%
96,18%
96,29%
96,75%
96,44%
96,44%
937
984
900
905
927
796
816
1.007
952
1.222
1.248
915
1.083
1.021
826
908
1.016
847
985
996
831
923
967
889
889
2,85%
2,53%
2,93%
2,76%
2,59%
2,45%
2,13%
2,78%
3,17%
3,63%
3,37%
3,24%
3,28%
2,80%
2,56%
2,49%
2,65%
2,70%
2,88%
2,66%
2,36%
2,32%
2,23%
2,41%
2,41%
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
77
201
43
82
126
64
36
36
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,24%
0,59%
0,12%
0,23%
0,32%
0,15%
0,10%
0,10%
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
74
96
27
7
20
19
12
12
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,23%
0,28%
0,07%
0,02%
0,05%
0,04%
0,03%
0,03%
66
43
32
56
37
53
103
47
95
25
27
43
47
36
55
70
60
24
16
38
22
32
24
20
20
0,20%
0,11%
0,10%
0,17%
0,10%
0,16%
0,27%
0,13%
0,32%
0,07%
0,07%
0,15%
0,14%
0,10%
0,17%
0,19%
0,16%
0,08%
0,05%
0,10%
0,06%
0,08%
0,05%
0,05%
0,05%
438
432
515
565
540
458
424
433
490
592
597
423
439
433
333
422
426
390
417
430
403
375
339
356
356
1,33%
1,11%
1,68%
1,72%
1,51%
1,41%
1,11%
1,20%
1,63%
1,76%
1,61%
1,50%
1,33%
1,19%
1,03%
1,16%
1,11%
1,24%
1,22%
1,15%
1,14%
0,94%
0,78%
0,97%
0,97%
0,00%
0,00%
0,00%
0,00%
0,00%
Eurex
Eurex
January 2004
6.3.11
ex_monthly
09.02.2004
page 109
Pan European Index Futures Open Interest in contracts

Open Interest
Euro Stoxx 50
Eurex
Share
Stoxx 50
Eurex
Share
End
End
End
End
End
59.626
302.933
470.624
820.256
1.120.754
81,97%
91,12%
91,82%
94,32%
94,09%
13.113
20.302
20.614
23.565
38.012
18,03%
6,11%
4,02%
2,71%
3,19%
2003 1st Quarter

2nd Quarter
3rd Quarter
4th Quarter
1.540.983
1.236.673
1.411.021
1.290.355
95,61%
94,50%
95,45%
95,66%
39.573
35.416
34.690
33.644
2,46%
2,71%
2,35%
2,49%
0
3.822
2.749
1.055
0,00%
0,29%
0,19%
0,08%
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Total
854.629
1.027.585
785.466
878.988
1.002.340
986.573
1.376.205
1.274.498
1.274.795
1.264.323
1.331.030
1.120.754
1.521.497
1.644.866
1.540.983
1.528.717
1.582.949
1.236.673
1.294.297
1.402.239
1.411.021
1.482.692
1.593.400
1.290.355
1.290.355
94,45%
95,32%
94,06%
94,03%
94,64%
94,78%
95,65%
95,03%
93,83%
93,47%
93,91%
94,09%
94,74%
95,14%
95,61%
95,31%
95,26%
94,50%
94,25%
95,03%
95,45%
95,65%
96,17%
95,66%
95,66%
26.233
27.634
24.390
25.799
27.617
26.047
29.738
36.750
41.127
47.752
46.902
38.012
48.170
47.499
39.573
39.478
43.665
35.416
40.044
39.968
34.690
36.341
37.559
33.644
33.644
2,90%
2,56%
2,92%
2,76%
2,61%
2,50%
2,07%
2,74%
3,03%
3,53%
3,31%
3,19%
3,00%
2,75%
2,46%
2,46%
2,63%
2,71%
2,92%
2,71%
2,35%
2,34%
2,27%
2,49%
2,49%
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3.822
6.489
1.329
2.749
3.894
1.940
1.055
1.055
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,29%
0,47%
0,09%
0,19%
0,25%
0,12%
0,08%
0,08%
1998
1999
2000
2001
2002
FTSEurofirst 80
Liffe
Share
FTSEurofirst 100
Liffe
Share
MSCI Euro
Liffe
Share
MSCI Pan-Euro
Liffe
Share
0,00%
0,00%
0,00%
0,00%
0,00%
8.027
2.586
5.720
3.092
2,41%
0,50%
0,66%
0,26%
1.200
18.717
20.108
29.313
0,36%
3,65%
2,31%
2,46%
0
3.726
251
373
0,00%
0,28%
0,02%
0,03%
4.631
1.705
1.554
1.242
0,29%
0,13%
0,11%
0,09%
26.604
27.300
27.993
22.266
1,65%
2,09%
1,89%
1,65%
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3.726
3.205
856
251
627
583
373
373
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,28%
0,23%
0,06%
0,02%
0,04%
0,04%
0,03%
0,03%
3.157
2.062
1.473
2.728
1.871
2.966
6.670
3.038
7.421
1.706
1.731
3.092
3.613
2.895
4.631
5.207
4.449
1.705
1.063
2.561
1.554
2.118
1.550
1.242
1.242
0,35%
0,19%
0,18%
0,29%
0,18%
0,28%
0,46%
0,23%
0,55%
0,13%
0,12%
0,26%
0,22%
0,17%
0,29%
0,32%
0,27%
0,13%
0,08%
0,17%
0,11%
0,14%
0,09%
0,09%
0,09%
20.840
20.732
23.778
27.240
27.260
25.361
26.233
26.905
35.338
38.893
37.699
29.313
32.737
33.569
26.604
30.573
30.725
27.300
28.207
28.642
27.993
24.453
21.878
22.266
22.266
2,30%
1,92%
2,85%
2,91%
2,57%
2,44%
1,82%
2,01%
2,60%
2,88%
2,66%
2,46%
2,04%
1,94%
1,65%
1,91%
1,85%
2,09%
2,05%
1,94%
1,89%
1,58%
1,32%
1,65%
1,65%
0,00%
0,00%
0,00%
0,00%
0,00%
Eurex
Eurex
January 2004
6.3.12
ex_monthly
09.02.2004
page 110
Index Futures Volume in EUR million

S&P 500
Nasdaq 100
CME
CME
1998
1999
2000
2001
2002
Dow Jones IA
CBoT
DAX
Eurex
CAC 40
Euronext P
FTSE 100
Liffe
MIB 30
IDEM
IBEX 35
Meff RV
SMI
Eurex
AEX Euro Stoxx 50

Total
Total
Total
Total
Total
9,408,247
8,481,568
8,640,846
10,008,643
11,819,384
127,697
569,787
1,955,387
2,268,172
1,884,061
274,661
386,665
414,175
551,873
607,953
1,773,056
1,718,259
2,067,438
2,013,756
2,006,553
723,861
969,548
1,139,586
1,130,910
980,918
813,098
839,404
1,056,276
1,119,575
1,206,755
981,994
905,842
985,464
829,538
670,218
481,511
513,897
454,305
378,206
274,329
400,905
290,683
225,189
228,851
265,177
308,648
330,735
352,423
355,075
344,508
21,273
225,591
779,840
1,489,288
2,488,671
2003 1st Quarter

2nd Quarter
3rd Quarter
4th Quarter
2,755,496
2,850,374
2,839,329
2,593,796
395,587
454,942
546,849
540,836
105,916
100,347
84,107
53,408
487,811
481,880
569,452
626,368
210,346
240,553
229,945
225,887
235,415
184,878
187,266
201,063
143,783
141,956
124,651
115,502
51,010
58,547
61,114
68,092
75,016
68,908
72,916
65,440
73,123
73,931
81,294
84,561
729,513
671,447
697,354
689,798
804,297
873,537
1,097,007
868,877
884,701
1,167,066
1,179,781
875,677
1,093,940
1,199,550
843,821
931,129
825,397
752,860
1,177,239
811,258
814,397
1,224,719
923,682
745,815
1,169,831
912,274
688,300
993,222
11,038,995
203,047
171,678
186,749
173,830
177,149
156,360
158,980
113,233
112,859
161,944
143,573
124,659
127,928
114,567
153,093
131,493
136,888
186,561
184,896
148,338
213,614
200,930
155,698
184,208
1,938,214
31,843
54,977
64,307
51,644
48,469
57,503
72,524
47,582
49,197
59,271
38,225
32,411
33,834
31,123
40,958
32,526
30,865
36,956
30,276
24,560
29,271
18,464
12,863
22,081
343,778
149,430
154,447
205,182
159,079
145,293
208,140
201,984
147,129
194,878
159,765
127,866
153,360
153,748
131,063
203,000
133,017
137,863
211,000
161,835
149,306
258,311
217,451
187,979
220,937
2,165,511
87,963
83,517
93,601
90,500
76,785
91,924
92,331
69,111
75,374
88,207
68,367
63,238
75,228
59,218
75,900
77,586
77,904
85,063
82,328
62,806
84,811
81,581
73,607
70,699
906,731
71,003
68,201
127,656
65,150
60,958
137,412
142,893
87,469
142,120
98,646
91,552
113,696
59,880
52,898
122,637
46,480
45,984
92,414
48,936
40,285
98,044
55,376
47,363
98,324
808,621
58,875
58,813
64,858
55,427
60,102
64,208
64,598
40,667
52,758
56,280
47,708
45,923
46,144
42,495
55,144
43,681
45,637
52,638
45,805
27,530
51,316
43,732
34,062
37,708
525,892
28,853
26,531
25,542
25,168
24,929
25,188
25,010
19,462
17,055
22,268
19,867
14,456
17,423
15,305
18,282
17,755
18,713
22,080
21,222
18,500
21,392
22,661
21,750
23,680
238,764
13,597
14,251
29,073
13,442
12,762
38,425
28,646
20,816
33,945
20,593
14,622
25,006
18,475
16,446
40,095
19,353
17,888
31,667
18,636
16,400
37,880
19,035
18,234
28,171
282,279
31,830
25,845
29,896
29,131
28,436
34,138
37,498
28,672
24,473
31,375
22,103
21,110
23,960
21,799
27,364
24,638
22,702
26,592
28,205
23,826
29,263
33,410
27,880
23,271
312,909
144,338
142,070
209,436
132,374
138,972
306,380
291,854
195,919
303,112
236,313
166,152
221,751
208,286
175,434
345,792
187,557
177,845
306,044
190,659
162,028
344,667
235,490
200,745
253,563
2,788,111
Market Share
S&P 500
CME
Nasdaq 100
CME
Dow Jones IA
CBoT
DAX
Eurex
CAC 40
Euronext P
FTSE 100
Liffe
MIB 30
IDEM
IBEX 35
MEFF RV
SMI
Eurex
49.49%
52.19%
51.42%
52.20%
53.34%
51.04%
51.38%
53.21%
52.10%
56.21%
53.28%
53.31%
51.90%
53.27%
52.10%
53.19%
53.34%
53.82%
53.19%
52.54%
50.03%
49.57%
46.87%
50.78%
12.49%
10.26%
8.75%
10.44%
10.68%
6.84%
6.92%
6.88%
5.37%
7.59%
9.06%
7.14%
8.04%
8.11%
6.78%
8.62%
8.97%
8.20%
10.65%
10.45%
9.14%
10.92%
10.60%
9.42%
1.96%
3.28%
3.01%
3.10%
2.92%
2.51%
3.16%
2.89%
2.34%
2.78%
2.41%
1.86%
2.13%
2.20%
1.81%
2.13%
2.02%
1.62%
1.74%
1.73%
1.25%
1.00%
0.88%
1.13%
9.20%
9.23%
9.62%
9.56%
8.76%
9.10%
8.80%
8.94%
9.28%
7.49%
8.07%
8.78%
9.67%
9.27%
8.98%
8.72%
9.03%
9.27%
9.32%
10.52%
11.05%
11.82%
12.80%
11.30%
5.41%
4.99%
4.39%
5.44%
4.63%
4.02%
4.02%
4.20%
3.59%
4.13%
4.32%
3.62%
4.73%
4.19%
3.36%
5.09%
5.10%
3.74%
4.74%
4.42%
3.63%
4.43%
5.01%
3.61%
4.37%
4.07%
5.98%
3.91%
3.68%
6.01%
6.22%
5.31%
6.77%
4.62%
5.78%
6.51%
3.77%
3.74%
5.43%
3.05%
3.01%
4.06%
2.82%
2.84%
4.19%
3.01%
3.23%
5.03%
3.62%
3.51%
3.04%
3.33%
3.62%
2.81%
2.81%
2.47%
2.51%
2.64%
3.01%
2.63%
2.90%
3.01%
2.44%
2.86%
2.99%
2.31%
2.64%
1.94%
2.19%
2.38%
2.32%
1.93%
1.78%
1.59%
1.20%
1.51%
1.50%
1.10%
1.09%
1.18%
0.81%
1.04%
1.25%
0.83%
1.10%
1.08%
0.81%
1.16%
1.23%
0.97%
1.22%
1.30%
0.91%
1.23%
1.48%
1.21%
0.84%
0.85%
1.36%
0.81%
0.77%
1.68%
1.25%
1.26%
1.62%
0.96%
0.92%
1.43%
1.16%
1.16%
1.77%
1.27%
1.17%
1.39%
1.07%
1.16%
1.62%
1.03%
1.24%
1.44%
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Total
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
AEX Euro Stoxx 50

1.96%
1.54%
1.40%
1.75%
1.71%
1.49%
1.63%
1.74%
1.17%
1.47%
1.40%
1.21%
1.51%
1.54%
1.21%
1.62%
1.49%
1.17%
1.62%
1.68%
1.25%
1.82%
1.90%
1.19%
8.88%
8.49%
9.82%
7.95%
8.38%
13.40%
12.71%
11.90%
14.44%
11.07%
10.49%
12.70%
13.10%
12.41%
15.30%
12.30%
11.65%
13.45%
10.98%
11.42%
14.74%
12.80%
13.67%
12.96%
Eurex
Eurex
January 2004
6.3.13
ex_monthly
09.02.2004
page 111
Index Futures Traded Contracts
1998
1999
2000
2001
2002
Total
Total
Total
Total
Total
2003 1st Quarter

2nd Quarter
3rd Quarter
4th Quarter
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Total
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Traded Contracts
S&P 500
CME
Nasdaq 100
CME
Dow Jones IA
CBoT
DAX
Eurex
CAC 40
Euronext P
FTSE 100
Liffe
MIB 30
IDEM
IBEX 35
Meff RV
SMI
Eurex
31.430.523
27.003.387
22.467.859
61.912.995
139.342.358
1.063.328
2.360.938
5.094.042
38.136.983
59.394.994
3.567.512
3.896.086
3.572.441
4.901.949
6.352.326
6.937.139
12.876.982
11.524.330
14.686.359
19.996.503
16.443.276
20.959.158
18.249.903
22.923.597
26.411.321
6.955.096
8.704.574
10.142.828
12.698.908
17.238.726
5.896.316
5.094.312
4.259.350
4.634.329
4.877.464
8.627.365
5.101.588
4.200.346
4.305.845
3.896.643
4.445.396
6.515.036
4.586.219
5.099.537
7.019.626
3.424.558
2.926.552
2.674.824
3.317.913
4.231.053
692.383
5.779.311
15.315.114
38.715.947
86.542.354
47.721.163
46.860.932
45.781.314
40.988.692
16.718.885
17.681.370
19.369.875
18.540.029
1.438.149
1.313.371
1.022.630
642.152
7.367.270
6.422.422
6.608.683
6.782.843
7.609.482
7.988.827
7.166.473
6.554.842
6.519.604
4.612.316
4.541.750
4.578.444
1.265.260
1.136.656
990.299
871.671
859.468
882.875
879.787
923.812
2.596.737
2.273.768
2.177.410
1.921.259
1.366.111
1.296.469
1.282.774
1.270.111
33.432.839
28.583.187
27.664.243
26.366.923
6.392.317
7.013.510
7.860.114
8.637.436
9.148.845
12.493.214
16.482.331
12.716.006
14.708.075
19.105.387
12.428.118
12.357.005
15.027.051
13.973.932
18.720.180
14.776.814
14.261.244
17.822.874
16.077.086
11.939.057
17.765.171
15.675.622
11.923.733
13.389.337
181.352.101
4.099.412
4.016.212
4.088.633
4.605.774
5.069.158
5.242.170
6.244.092
4.559.517
4.804.213
6.620.023
5.127.665
4.918.125
5.560.744
4.921.028
6.237.113
5.433.415
5.405.786
6.842.169
6.719.442
5.067.119
7.583.314
6.923.876
5.513.804
6.102.349
72.310.159
275.834
472.893
538.804
467.571
456.210
616.754
811.518
539.507
639.330
699.005
427.235
407.665
452.579
426.198
559.372
428.972
410.967
473.432
368.277
286.508
367.845
218.394
157.726
266.032
4.416.302
1.155.038
1.261.250
1.542.476
1.218.410
1.173.716
1.890.590
2.029.912
1.597.369
2.433.836
2.152.960
1.582.939
1.958.007
2.113.291
2.009.572
3.244.407
1.902.894
1.884.091
2.635.437
1.932.076
1.730.473
2.946.134
2.480.230
2.015.652
2.286.961
27.181.218
1.971.443
1.871.320
1.996.596
2.027.913
1.796.286
2.358.235
2.703.390
2.053.070
2.713.793
2.800.171
2.055.127
2.063.977
2.560.633
2.150.216
2.898.633
2.626.771
2.603.950
2.758.106
2.564.510
1.896.651
2.705.312
2.418.494
2.149.249
1.987.099
29.319.624
837.502
820.119
1.480.498
779.190
769.481
1.908.133
2.103.241
1.311.216
2.401.891
1.545.236
1.401.810
1.880.409
1.678.530
1.447.042
3.394.032
1.183.901
1.135.943
2.292.472
1.177.204
968.135
2.396.411
1.291.535
1.090.663
2.196.246
20.252.114
368.096
370.419
389.833
345.792
401.320
461.001
511.587
317.869
489.022
473.358
364.645
384.522
401.710
361.675
501.875
359.442
357.657
419.557
359.551
216.242
414.506
336.752
252.623
282.296
4.263.886
358.407
326.112
309.611
308.639
313.581
364.358
400.209
302.406
313.984
362.706
297.162
239.468
292.939
255.110
311.419
273.598
287.512
321.765
300.526
260.146
319.115
317.849
299.903
306.060
3.545.942
316.941
335.573
654.447
295.462
283.621
943.583
786.790
582.867
1.015.966
627.434
430.364
746.578
586.909
572.395
1.437.433
661.458
600.616
1.011.694
583.960
494.127
1.099.323
569.903
535.808
815.548
8.969.174
317.712
261.108
281.400
284.883
293.425
388.234
515.667
385.807
412.892
457.582
305.296
327.047
406.185
409.439
550.487
435.866
404.561
456.042
444.193
361.651
476.930
505.875
419.632
344.604
5.215.465
3.905.699
4.009.426
5.603.361
3.657.240
3.988.104
9.808.443
10.553.932
7.284.426
12.486.858
9.828.114
6.496.757
8.919.994
8.839.782
8.102.315
16.490.742
8.373.725
7.758.279
12.451.183
7.751.236
6.412.161
13.500.846
9.309.030
7.655.868
9.402.025
116.047.192
Market Share
S&P 500
CME
Nasdaq 100
CME
Dow Jones IA
CBoT
DAX
Eurex
CAC 40
Euronext P
FTSE 100
Liffe
MIB 30
IDEM
IBEX 35
Meff RV
SMI
Eurex
31,96%
33,79%
31,76%
38,17%
38,61%
34,25%
38,20%
40,18%
34,67%
42,77%
40,20%
36,13%
39,63%
40,35%
34,45%
40,53%
40,62%
37,53%
42,00%
40,29%
35,84%
39,14%
37,24%
35,82%
20,50%
19,35%
16,52%
20,35%
21,39%
14,37%
14,47%
14,41%
11,33%
14,82%
16,59%
14,38%
14,66%
14,21%
11,48%
14,90%
15,40%
14,41%
17,55%
17,10%
15,30%
17,29%
17,22%
16,33%
1,38%
2,28%
2,18%
2,07%
1,93%
1,69%
1,88%
1,70%
1,51%
1,56%
1,38%
1,19%
1,19%
1,23%
1,03%
1,18%
1,17%
1,00%
0,96%
0,97%
0,74%
0,55%
0,49%
0,71%
5,78%
6,08%
6,23%
5,38%
4,95%
5,18%
4,71%
5,05%
5,74%
4,82%
5,12%
5,72%
5,57%
5,80%
5,97%
5,22%
5,37%
5,55%
5,05%
5,84%
5,94%
6,19%
6,30%
6,12%
9,86%
9,01%
8,07%
8,96%
7,58%
6,47%
6,27%
6,49%
6,40%
6,27%
6,65%
6,03%
6,75%
6,21%
5,33%
7,21%
7,42%
5,81%
6,70%
6,40%
5,46%
6,04%
6,71%
5,32%
4,19%
3,95%
5,98%
3,44%
3,25%
5,23%
4,88%
4,14%
5,66%
3,46%
4,53%
5,50%
4,43%
4,18%
6,25%
3,25%
3,24%
4,83%
3,08%
3,27%
4,83%
3,23%
3,41%
5,88%
1,84%
1,78%
1,58%
1,53%
1,69%
1,26%
1,19%
1,00%
1,15%
1,06%
1,18%
1,12%
1,06%
1,04%
0,92%
0,99%
1,02%
0,88%
0,94%
0,73%
0,84%
0,84%
0,79%
0,76%
1,79%
1,57%
1,25%
1,36%
1,32%
1,00%
0,93%
0,96%
0,74%
0,81%
0,96%
0,70%
0,77%
0,74%
0,57%
0,75%
0,82%
0,68%
0,79%
0,88%
0,64%
0,79%
0,94%
0,82%
1,58%
1,62%
2,64%
1,31%
1,20%
2,59%
1,82%
1,84%
2,40%
1,40%
1,39%
2,18%
1,55%
1,65%
2,64%
1,81%
1,71%
2,13%
1,53%
1,67%
2,22%
1,42%
1,67%
2,18%
AEX Euro STOXX 50

AEX Euro STOXX 50

1,59%
1,26%
1,14%
1,26%
1,24%
1,06%
1,20%
1,22%
0,97%
1,02%
0,99%
0,96%
1,07%
1,18%
1,01%
1,20%
1,15%
0,96%
1,16%
1,22%
0,96%
1,26%
1,31%
0,92%
19,53%
19,32%
22,64%
16,16%
16,83%
26,89%
24,46%
23,02%
29,44%
22,00%
21,01%
26,08%
23,31%
23,40%
30,34%
22,97%
22,10%
26,22%
20,25%
21,64%
27,23%
23,24%
23,91%
25,15%
Eurex
Eurex
January 2004
6.3.14
ex_monthly
09.02.2004
page 112
Index Futures Value of Open Interest in EUR million

S&P 500
Nasdaq 100 Dow Jones IA
CME
CME
CBoT
DAX
Eurex
CAC 40
Euronext P
FTSE 100
Liffe
MIB 30
IDEM
IBEX 35
MEFF RV
SMI
Eurex
AEX Euro Stoxx 50

1998 End
1999 End
2000 End
2001 Total
2002 Total
99.382
135.047
166.105
162.124
130.188
1.132
8.629
10.452
10.042
7.958
1.229
1.317
2.185
2.282
1.916
14.372
23.680
26.051
16.058
17.197
8.216
12.881
18.337
24.065
15.720
16.285
21.361
25.528
30.601
26.152
4.344
3.916
3.930
2.017
1.401
4.278
6.513
4.522
4.552
2.448
5.086
5.830
6.503
5.001
4.077
4.158
5.070
4.384
4.169
2.177
2.040
15.789
23.881
31.615
26.846
2003 1st Quarter

2nd Quarter
3rd Quarter
4th Quarter
135.788
144.759
141.566
148.517
9.483
11.957
12.098
12.268
2.139
2.530
2.578
2.619
21.528
21.533
21.009
26.351
13.508
17.080
16.868
15.724
17.415
15.961
17.401
17.445
1.783
4.324
2.164
1.962
2.157
3.643
3.810
4.650
6.856
3.794
4.204
4.437
2.135
2.767
2.870
3.553
31.030
30.018
33.936
35.576
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Total
172.415
180.708
170.768
170.479
162.837
149.148
163.413
160.757
131.798
155.225
171.439
130.188
132.484
139.910
135.788
157.297
170.106
144.759
154.818
168.316
141.566
154.658
152.978
148.517
148.517
12.502
11.554
9.913
11.885
10.835
7.554
9.574
10.045
7.397
10.168
12.082
7.958
10.910
11.421
9.483
11.531
13.592
11.957
15.874
18.129
12.098
15.860
15.456
12.268
12.268
3.167
5.077
3.225
3.106
3.578
2.657
2.906
2.769
2.237
2.758
2.912
1.916
2.105
2.351
2.139
2.481
2.713
2.530
3.480
3.949
2.578
3.099
3.138
2.619
2.619
20.005
24.880
27.229
31.173
30.861
18.888
19.018
20.223
15.947
18.507
19.800
17.197
19.190
22.803
21.528
27.001
26.476
21.533
25.258
27.034
21.009
25.084
28.222
26.351
26.351
22.936
21.532
22.373
21.974
19.445
18.120
17.033
16.348
15.003
16.947
17.092
15.720
16.369
15.239
13.508
16.914
15.366
17.080
17.947
16.307
16.868
17.789
16.785
15.724
15.724
36.530
38.639
31.595
29.860
28.749
25.856
33.813
33.183
28.524
31.668
30.948
26.152
18.631
20.698
17.415
18.753
18.821
15.961
17.708
18.277
17.401
17.790
19.540
17.445
17.445
1.857
2.367
3.269
4.509
6.073
3.668
3.308
3.520
1.617
1.932
2.770
1.401
1.524
1.959
1.783
4.337
5.234
4.324
2.674
2.665
2.164
2.209
2.245
1.962
1.962
4.135
3.647
3.678
3.752
3.651
3.207
3.277
3.256
2.557
2.919
3.091
2.448
2.325
2.252
2.157
2.622
2.635
3.643
3.894
4.208
3.810
4.275
4.152
4.650
4.650
5.235
5.522
7.053
7.546
7.943
5.886
5.810
5.897
4.456
5.126
5.139
4.077
4.851
5.830
6.856
8.558
8.645
3.794
4.605
5.114
4.204
4.698
5.204
4.437
4.437
4.113
4.225
4.634
4.523
4.696
4.376
3.575
3.647
2.881
2.797
2.864
2.177
2.256
1.894
2.135
2.403
2.523
2.767
2.951
3.039
2.870
2.782
3.370
3.553
3.553
31.703
37.717
29.428
31.492
34.471
31.222
36.949
34.774
28.575
31.930
35.209
26.846
34.309
35.045
31.030
35.050
35.802
30.018
32.545
35.968
33.936
39.038
42.110
35.576
35.576
Market Share
S&P 500
CME
Nasdaq 100
CME
Dow Jones IA
CBoT
DAX
Eurex
CAC 40
Euronext P
FTSE 100
Liffe
MIB 30
IDEM
IBEX 35
MEFF RV
SMI
Eurex
54,81%
53,80%
54,53%
53,22%
52,00%
55,12%
54,71%
54,60%
54,69%
55,44%
56,52%
55,15%
54,08%
53,94%
55,69%
54,82%
56,34%
56,03%
54,95%
55,55%
54,76%
53,83%
52,18%
54,38%
3,97%
3,44%
3,17%
3,71%
3,46%
2,79%
3,21%
3,41%
3,07%
3,63%
3,98%
3,37%
4,45%
4,40%
3,89%
4,02%
4,50%
4,63%
5,63%
5,98%
4,68%
5,52%
5,27%
4,49%
1,01%
1,51%
1,03%
0,97%
1,14%
0,98%
0,97%
0,94%
0,93%
0,99%
0,96%
0,81%
0,86%
0,91%
0,88%
0,86%
0,90%
0,98%
1,24%
1,30%
1,00%
1,08%
1,07%
0,96%
6,36%
7,41%
8,69%
9,73%
9,86%
6,98%
6,37%
6,87%
6,62%
6,61%
6,53%
7,28%
7,83%
8,79%
8,83%
9,41%
8,77%
8,33%
8,96%
8,92%
8,13%
8,73%
9,63%
9,65%
7,29%
6,41%
7,14%
6,86%
6,21%
6,70%
5,70%
5,55%
6,23%
6,05%
5,63%
6,66%
6,68%
5,87%
5,54%
5,89%
5,09%
6,61%
6,37%
5,38%
6,53%
6,19%
5,72%
5,76%
11,61%
11,50%
10,09%
9,32%
9,18%
9,56%
11,32%
11,27%
11,84%
11,31%
10,20%
11,08%
7,61%
7,98%
7,14%
6,54%
6,23%
6,18%
6,28%
6,03%
6,73%
6,19%
6,66%
6,39%
0,59%
0,70%
1,04%
1,41%
1,94%
1,36%
1,11%
1,20%
0,67%
0,69%
0,91%
0,59%
0,62%
0,76%
0,73%
1,51%
1,73%
1,67%
0,95%
0,88%
0,84%
0,77%
0,77%
0,72%
1,31%
1,09%
1,17%
1,17%
1,17%
1,19%
1,10%
1,11%
1,06%
1,04%
1,02%
1,04%
0,95%
0,87%
0,88%
0,91%
0,87%
1,41%
1,38%
1,39%
1,47%
1,49%
1,42%
1,70%
1,66%
1,64%
2,25%
2,36%
2,54%
2,18%
1,95%
2,00%
1,85%
1,83%
1,69%
1,73%
1,98%
2,25%
2,81%
2,98%
2,86%
1,47%
1,63%
1,69%
1,63%
1,64%
1,77%
1,62%
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
45.000
DAX
Euro Stoxx 50
AEX Euro Stoxx 50

1,31%
1,26%
1,48%
1,41%
1,50%
1,62%
1,20%
1,24%
1,20%
1,00%
0,94%
0,92%
0,92%
0,73%
0,88%
0,84%
0,84%
1,07%
1,05%
1,00%
1,11%
0,97%
1,15%
1,30%
FTSE 100
40.000
35.000
30.000
25.000
20.000
15.000
10.000
5.000
0
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
2003
Aug
Sep
Oct
Nov
Dec
10,08%
11,23%
9,40%
9,83%
11,01%
11,54%
12,37%
11,81%
11,86%
11,40%
11,61%
11,37%
14,01%
13,51%
12,73%
12,21%
11,86%
11,62%
11,55%
11,87%
13,13%
13,59%
14,36%
13,03%
Eurex
Eurex
January 2004
6.3.15
ex_monthly
09.02.2004
page 113
Index Futures Open Interest

Open Interest
S&P 500
CME
Nasdaq 100
CME
Dow Jones IA
CBoT
DAX
Eurex
CAC 40
Euronext P
FTSE 100
Liffe
MIB 30
IDEM
IBEX 35
Meff RV
SMI
Eurex
AEX
Euronext A
Euro Stoxx 50
Eurex/Euronext
379.062
369.941
474.405
546.775
767.901
7.224
23.416
42.077
96.097
179.324
15.688
11.523
19.094
20.258
24.103
55.492
134.707
160.198
123.748
236.798
273.387
216.191
309.416
520.377
513.084
194.586
191.839
258.013
358.654
432.529
23.927
18.216
17.979
12.502
11.731
72.363
55.949
49.640
54.205
40.544
113.650
123.273
119.945
114.822
128.012
42.547
37.757
34.379
41.129
33.726
60.151
318.617
496.469
825.320
1.121.445
2003 1st Quarter

2nd Quarter
3rd Quarter
4th Quarter
1.049.284
955.164
971.611
963.671
247.514
276.962
259.017
236.636
29.209
32.417
32.401
31.548
352.900
266.758
257.052
263.794
515.881
553.793
538.066
441.949
481.977
395.936
425.319
389.675
16.230
34.469
17.476
14.687
36.736
53.089
56.838
60.102
252.425
122.403
128.417
126.707
42.951
47.459
46.770
52.619
1.541.599
1.236.673
1.411.021
1.290.355
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Total
608.441
688.716
615.493
725.476
725.476
736.576
979.358
968.379
818.378
988.804
1.083.898
767.901
900.330
1.036.926
1.049.284
1.310.223
1.505.134
955.164
1.077.623
1.139.549
971.611
1.066.991
1.074.309
963.671
963.671
142.112
147.204
120.588
194.421
194.421
138.854
227.665
240.000
156.206
210.502
234.736
179.324
290.092
289.903
247.514
279.332
347.304
276.962
368.544
407.238
259.017
327.122
328.984
236.636
236.636
27.432
43.672
27.021
28.122
33.676
28.497
32.520
31.396
29.071
32.529
32.551
24.103
28.156
32.188
29.209
32.718
36.117
32.417
42.334
46.069
32.401
36.660
38.473
31.548
31.548
155.738
196.367
201.805
246.324
256.521
170.835
204.448
217.190
225.829
232.109
235.657
236.798
278.119
358.453
352.900
368.192
363.618
266.758
290.377
309.664
257.052
274.174
300.427
263.794
263.794
514.055
482.459
477.239
492.386
454.901
464.849
498.726
485.663
540.189
537.979
513.776
513.084
557.167
553.325
515.881
572.654
513.608
553.793
559.040
492.444
538.066
527.351
490.113
441.949
441.949
430.875
464.633
366.425
357.125
362.905
359.049
497.702
497.433
482.064
496.068
473.858
432.529
522.262
566.196
481.977
477.671
464.939
395.936
425.981
439.243
425.319
414.913
449.968
389.675
389.675
11.613
14.908
19.649
28.133
40.554
26.333
26.201
27.513
14.986
16.248
21.170
11.731
13.269
16.670
16.230
35.687
41.022
34.469
20.992
20.934
17.476
17.012
16.650
14.687
14.687
51.364
44.826
44.587
46.008
45.927
46.389
52.439
50.598
47.071
47.549
46.235
40.544
39.095
37.538
36.736
40.407
40.490
53.089
55.136
59.172
56.838
59.960
57.250
60.102
60.102
124.190
128.321
155.816
167.765
176.532
145.627
162.319
165.627
137.244
151.904
148.314
128.012
162.159
206.555
252.425
285.705
283.631
122.403
139.050
152.401
128.417
139.894
151.532
126.707
126.707
41.053
42.684
43.620
44.235
48.455
49.770
49.163
49.074
48.614
40.798
39.565
33.726
38.248
35.580
42.951
42.505
44.968
47.459
46.467
46.121
46.770
42.117
50.717
52.619
52.619
862.225
1.037.347
788.930
884.121
1.007.206
988.555
1.377.010
1.275.759
1.278.313
1.267.733
1.334.266
1.121.445
1.523.052
1.646.353
1.541.599
1.529.213
1.583.445
1.236.673
1.294.297
1.402.239
1.411.021
1.512.465
1.598.486
1.290.355
1.290.355
Market Share
S&P 500
CME
Nasdaq 100
CME
Dow Jones IA
CBoT
DAX
Eurex
CAC 40
Euronext P
FTSE 100
Liffe
MIB 30
IDEM
IBEX 35
Meff RV
SMI
Eurex
AEX
Euronext A
Euro Stoxx 50
Eurex/Euronext
20,49%
20,93%
21,51%
22,57%
21,68%
23,34%
23,84%
24,16%
21,66%
24,58%
26,03%
22,01%
20,69%
21,69%
22,98%
26,34%
28,81%
24,03%
24,95%
25,24%
23,45%
24,15%
23,58%
24,89%
4,79%
4,47%
4,21%
6,05%
5,81%
4,40%
5,54%
5,99%
4,13%
5,23%
5,64%
5,14%
6,67%
6,07%
5,42%
5,62%
6,65%
6,97%
8,53%
9,02%
6,25%
7,40%
7,22%
6,11%
0,92%
1,33%
0,94%
0,87%
1,01%
0,90%
0,79%
0,78%
0,77%
0,81%
0,78%
0,69%
0,65%
0,67%
0,64%
0,66%
0,69%
0,82%
0,98%
1,02%
0,78%
0,83%
0,84%
0,81%
5,25%
5,97%
7,05%
7,66%
7,67%
5,41%
4,98%
5,42%
5,98%
5,77%
5,66%
6,79%
6,39%
7,50%
7,73%
7,40%
6,96%
6,71%
6,72%
6,86%
6,20%
6,20%
6,59%
6,81%
17,31%
14,66%
16,68%
15,32%
13,59%
14,73%
12,14%
12,12%
14,30%
13,38%
12,34%
14,70%
12,80%
11,58%
11,30%
11,51%
9,83%
13,93%
12,94%
10,91%
12,98%
11,93%
10,76%
11,41%
14,51%
14,12%
12,81%
11,11%
10,84%
11,38%
12,12%
12,41%
12,76%
12,33%
11,38%
12,40%
12,00%
11,85%
10,55%
9,60%
8,90%
9,96%
9,86%
9,73%
10,26%
9,39%
9,87%
10,06%
0,39%
0,45%
0,69%
0,88%
1,21%
0,83%
0,64%
0,69%
0,40%
0,40%
0,51%
0,34%
0,30%
0,35%
0,36%
0,72%
0,79%
0,87%
0,49%
0,46%
0,42%
0,39%
0,37%
0,38%
1,73%
1,36%
1,56%
1,43%
1,37%
1,47%
1,28%
1,26%
1,25%
1,18%
1,11%
1,16%
0,90%
0,79%
0,80%
0,81%
0,78%
1,34%
1,28%
1,31%
1,37%
1,36%
1,26%
1,55%
4,18%
3,90%
5,45%
5,22%
5,28%
4,62%
3,95%
4,13%
3,63%
3,78%
3,56%
3,67%
3,73%
4,32%
5,53%
5,74%
5,43%
3,08%
3,22%
3,38%
3,10%
3,17%
3,33%
3,27%
1,38%
1,30%
1,52%
1,38%
1,45%
1,58%
1,20%
1,22%
1,29%
1,01%
0,95%
0,97%
0,88%
0,74%
0,94%
0,85%
0,86%
1,19%
1,08%
1,02%
1,13%
0,95%
1,11%
1,36%
29,04%
31,52%
27,57%
27,51%
30,10%
31,33%
33,52%
31,83%
33,84%
31,52%
32,04%
32,14%
35,00%
34,44%
33,76%
30,74%
30,31%
31,11%
29,96%
31,06%
34,05%
34,23%
35,08%
33,33%
1998
1999
2000
2001
2002
End
End
End
End
End
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Eurex
Eurex
January 2004
6.4
Equity Options
6.4.1

Eurex
Amex
Share
1997
1998
1999
2000
2001
2002
Total
Total
Total
Total
Total
Total
2003 1 st Quarter
2 nd Quarter
3 rd Quarter
4 th Quarter
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Total
CBOE
Share
ex_monthly
09.02.2004
page 114
ASX
Liffe
Share
Share
Euronext Paris
Share
OM
Share
Share
42.695.173
60.958.770
64.805.177
89.237.816
132.543.515
143.310.653
18,55%
18,96%
15,62%
14,91%
14,57%
13,34%
142.272.193
183.452.782
15,63%
17,08%
116.031.496
146.302.288
197.816.825
278.920.392
232.693.569
173.207.520
50,41%
45,50%
47,68%
46,59%
25,57%
16,13%
8.182.594
16.661.337
0,90%
1,55%
4.295.877
3.307.913
3.601.383
5.484.873
10.725.183
12.889.422
1,87%
1,03%
0,87%
0,92%
1,18%
1,20%
4.955.735
28.953.142
68.095.743
89.434.383
178.330.328
246.165.884
2,15%
9,00%
16,41%
14,94%
19,60%
22,92%
21.901.652
25.270.382
29.852.354
32.946.672
37.075.414
37.509.363
9,52%
7,86%
7,20%
5,50%
4,07%
3,49%
41.935.135
48.895.690
50.360.865
47.118.483
16,53%
17,56%
17,25%
15,75%
40.695.258
46.662.609
42.986.591
45.457.580
16,04%
16,76%
14,73%
15,20%
35.802.856
43.668.081
43.070.629
50.492.399
14,11%
15,69%
14,76%
16,88%
4.225.750
3.859.542
4.532.647
4.269.943
1,67%
1,39%
1,55%
1,43%
3.097.895
2.544.844
2.223.678
2.241.651
1,22%
0,91%
0,76%
0,75%
44.686.128
36.874.912
49.390.837
43.535.442
17,61%
13,25%
16,92%
14,55%
10.801.748
10.132.289
12.081.252
12.162.884
4,26%
3,64%
4,14%
4,07%
13.629.229
12.005.413
11.701.598
13.620.632
12.861.615
10.436.024
12.276.393
8.822.185
12.788.906
13.360.101
12.532.831
9.275.726
15.191.791
11.797.711
14.945.633
15.617.711
14.687.341
18.590.638
17.213.813
15.556.830
17.590.222
17.418.962
15.820.042
13.879.479
188.310.173
13,77%
13,49%
12,46%
14,28%
13,77%
11,78%
11,66%
11,22%
16,59%
13,49%
14,25%
16,57%
16,17%
16,47%
16,95%
17,71%
16,66%
18,22%
17,34%
19,04%
15,87%
14,99%
17,25%
15,21%
16,77%
17.508.839
14.790.745
15.147.110
16.354.964
15.666.545
15.562.064
19.228.958
14.042.300
11.853.318
16.660.856
14.683.467
11.953.616
14.684.697
11.300.040
14.710.521
14.317.274
15.326.630
17.018.705
15.970.170
11.618.202
15.398.219
17.677.485
13.519.221
14.260.874
175.802.038
17,69%
16,63%
16,13%
17,15%
16,77%
17,56%
18,26%
17,86%
15,38%
16,82%
16,69%
17,89%
15,63%
15,78%
16,69%
16,24%
17,38%
16,68%
16,08%
14,22%
13,89%
15,21%
14,74%
15,63%
15,65%
19.928.001
15.119.700
14.913.322
15.510.492
14.387.979
13.550.971
17.078.716
13.085.454
10.724.406
15.345.912
13.226.882
10.335.685
13.561.789
9.845.570
12.395.497
13.576.433
14.380.860
15.710.788
15.604.696
12.278.105
15.187.828
18.584.791
15.074.980
16.832.628
173.033.965
20,13%
17,00%
15,88%
16,26%
15,41%
15,29%
16,22%
16,65%
13,91%
15,50%
15,04%
15,47%
14,44%
13,75%
14,06%
15,40%
16,31%
15,40%
15,72%
15,02%
13,70%
16,00%
16,44%
18,45%
15,41%
1.114.456
1.319.544
1.225.053
1.355.066
1.559.447
1.321.646
1.546.154
1.416.650
1.518.916
1.691.799
1.586.573
1.006.033
1.220.983
1.429.937
1.574.830
1.196.686
1.417.432
1.245.424
1.401.243
1.449.546
1.681.858
1.630.532
1.420.235
1.219.176
16.887.882
1,13%
1,48%
1,30%
1,42%
1,67%
1,49%
1,47%
1,80%
1,97%
1,71%
1,80%
1,51%
1,30%
2,00%
1,79%
1,36%
1,61%
1,22%
1,41%
1,77%
1,52%
1,40%
1,55%
1,34%
1,50%
1.290.468
1.172.600
773.251
1.310.580
1.411.199
681.664
1.060.868
964.468
1.185.025
1.250.743
1.031.175
757.381
1.469.192
746.295
882.408
914.434
829.689
800.721
895.092
545.418
783.168
843.220
776.443
621.988
10.108.068
1,30%
1,32%
0,82%
1,37%
1,51%
0,77%
1,01%
1,23%
1,54%
1,26%
1,17%
1,13%
1,56%
1,04%
1,00%
1,04%
0,94%
0,78%
0,90%
0,67%
0,71%
0,73%
0,85%
0,68%
0,90%
20.961.495
23.854.906
28.641.209
25.042.925
26.139.431
22.270.309
22.270.786
15.175.819
13.995.480
17.849.087
17.792.992
12.171.445
18.338.854
12.226.419
14.120.855
11.898.784
11.276.275
13.699.853
12.327.265
11.665.944
25.397.628
17.443.943
13.397.504
12.693.995
174.487.319
21,18%
26,81%
30,49%
26,26%
27,99%
25,13%
21,15%
19,30%
18,16%
18,02%
20,23%
18,22%
19,52%
17,07%
16,02%
13,49%
12,79%
13,43%
12,41%
14,28%
22,91%
15,01%
14,61%
13,91%
15,54%
4.345.389
3.201.165
3.185.259
3.295.196
2.349.856
1.983.178
2.187.345
2.566.771
2.858.819
4.659.361
4.395.323
2.481.701
4.985.546
2.848.112
2.968.090
3.960.119
2.729.140
3.443.030
3.435.462
3.828.153
4.817.637
6.491.642
3.256.843
2.414.399
45.178.173
4,39%
3,60%
3,39%
3,46%
2,52%
2,24%
2,08%
3,27%
3,71%
4,71%
5,00%
3,71%
5,31%
3,98%
3,37%
4,49%
3,09%
3,37%
3,46%
4,68%
4,35%
5,59%
3,55%
2,65%
4,02%
Euronext Paris changed the contract size of Stock Options on July 1, 1998, from 100 to 10, Eurex changed the contract size on March 30, 1998, from 500 to 100 and 50 to 10, except for Allianz and Mnchener Rck
VNA.
Share of Some Options and Futures Exchanges at Equity Options Turnover

30,00%
25,00%
20,00%
15,00%
Eurex
Euronext Paris
CBOE
Amex
Euronext Amsterdam
ISE
OM
10,00%
5,00%
0,00%
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
2003
Aug
Sep
Oct
Nov
Dec
Eurex
Eurex
January 2004
6.4.2
ex_monthly
09.02.2004
page 115

Euronext Amsterdam
Share
IDEM/ MIF
36.340.078 15,79%
52.741.082 16,40%
40.653.543 9,80%
50.345.697 8,41%
56.595.558 6,22%
64.076.106 5,97%
2.443.819
1.341.537
1.947.931
5.545.356
8.329.533
7.587.199
1,06%
0,42%
0,47%
0,93%
0,92%
0,71%
1.485.066
2.695.206
8.091.728
16.402.966
22.628.132
18.701.248
0,65%
0,84%
1,95%
2,74%
2,49%
1,74%
st
2003 1 Quarter
2 nd Quarter
3 rd Quarter
4 th Quarter
16.490.428
15.134.826
14.531.051
13.598.398
6,50%
5,44%
4,98%
4,55%
2.089.784
2.042.067
1.954.113
1.838.104
0,82%
0,73%
0,67%
0,61%
3.456.942
3.370.167
2.348.962
2.202.921
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Total
5.407.466
3.741.163
3.913.296
4.238.502
3.702.564
4.282.554
7.284.575
6.362.235
6.977.486
7.702.709
5.978.724
4.484.832
5.782.343
4.976.190
5.731.895
5.083.845
4.802.376
5.248.605
5.043.656
4.708.657
4.778.738
5.801.158
4.374.371
3.422.869
59.754.703
5,46%
4,21%
4,17%
4,44%
3,96%
4,83%
6,92%
8,09%
9,05%
7,78%
6,80%
6,71%
6,16%
6,95%
6,50%
5,77%
5,45%
5,14%
5,08%
5,76%
4,31%
4,99%
4,77%
3,75%
5,32%
573.908
581.684
469.635
573.352
825.995
691.633
761.690
497.510
609.480
736.932
744.005
521.375
603.901
676.714
809.169
611.247
642.854
787.966
603.964
503.159
846.990
663.564
660.237
514.303
7.924.068
0,58%
0,65%
0,50%
0,60%
0,88%
0,78%
0,72%
0,63%
0,79%
0,74%
0,85%
0,78%
0,64%
0,94%
0,92%
0,69%
0,73%
0,77%
0,61%
0,62%
0,76%
0,57%
0,72%
0,56%
0,71%
1.330.984
1.496.029
2.332.859
1.111.074
1.516.364
2.111.205
1.574.596
945.348
2.012.115
1.544.053
990.278
1.736.343
864.529
914.541
1.677.872
859.938
835.919
1.674.310
751.646
541.916
1.055.400
721.616
451.619
1.029.686
11.378.992
1997
1998
1999
2000
2001
2002
Total
Total
Total
Total
Total
Total
MEFF RF/RV
Share
Safex
Share
ISE
HKFE
Share
Share
1.992.579
6.032.167
8.102.185
0,33%
0,66%
0,75%
7.565.684 1,26%
65.353.969 7,18%
152.399.279 14,19%
1,36%
1,21%
0,80%
0,74%
1.703.197
1.201.453
2.314.645
1.657.889
0,67%
0,43%
0,79%
0,55%
46.201.974
61.749.241
63.373.128
71.470.626
1,34%
1,68%
2,48%
1,17%
1,62%
2,38%
1,50%
1,20%
2,61%
1,56%
1,13%
2,60%
0,92%
1,28%
1,90%
0,98%
0,95%
1,64%
0,76%
0,66%
0,95%
0,62%
0,49%
1,13%
1,01%
620.041
668.010
855.783
811.692
284.538
543.620
540.551
708.588
515.231
891.809
1.244.838
417.484
418.555
630.079
654.563
137.492
347.884
716.077
1.554.340
414.898
345.407
679.145
404.446
574.298
6.877.184
0,63%
0,75%
0,91%
0,85%
0,30%
0,61%
0,51%
0,90%
0,67%
0,90%
1,42%
0,62%
0,45%
0,88%
0,74%
0,16%
0,39%
0,70%
1,57%
0,51%
0,31%
0,58%
0,44%
0,63%
0,61%
11.296.563
10.416.731
9.982.853
11.264.574
11.948.508
14.391.201
18.537.897
13.237.020
11.203.074
16.352.190
12.924.213
10.844.455
15.795.057
13.594.139
16.812.778
19.290.286
20.163.711
22.295.244
23.599.309
17.834.125
21.939.694
27.130.188
21.622.908
22.717.530
242.794.969
MSE
Share
Share
4.453
3.714
5.696
4.188.702
4.002.655
3.724.760
0,00%
0,00%
0,00%
0,70%
0,44%
0,35%
8.658
16.580.439
5.205.702
6.261.977
0,00%
2,77%
0,57%
0,58%
18,21%
22,18%
21,71%
23,89%
966.649
801.630
1.035.891
1.416.468
0,38%
0,29%
0,35%
0,47%
1.557.962
1.459.908
1.660.687
1.677.479
0,61%
0,52%
0,57%
0,56%
11,41%
11,71%
10,63%
11,81%
12,79%
16,24%
17,60%
16,84%
14,53%
16,51%
14,69%
16,23%
16,81%
18,98%
19,07%
21,88%
22,87%
21,85%
23,77%
21,82%
19,79%
23,35%
23,58%
24,90%
21,62%
288.913
171.485
334.555
298.936
278.683
374.308
463.032
301.316
346.707
291.234
265.267
310.324
336.124
258.752
371.773
250.610
239.556
311.464
317.649
358.434
359.808
446.672
446.437
523.359
4.220.638
0,29%
0,19%
0,36%
0,31%
0,30%
0,42%
0,44%
0,38%
0,45%
0,29%
0,30%
0,46%
0,36%
0,36%
0,42%
0,28%
0,27%
0,31%
0,32%
0,44%
0,32%
0,38%
0,49%
0,57%
0,38%
679.290
423.048
449.542
579.822
460.098
417.035
504.205
486.161
489.376
693.090
558.497
521.813
685.763
376.212
495.987
458.755
505.732
495.421
576.696
417.847
666.144
657.383
491.834
528.262
6.356.036
0,69%
0,48%
0,48%
0,61%
0,49%
0,47%
0,48%
0,62%
0,63%
0,70%
0,63%
0,78%
0,73%
0,53%
0,56%
0,52%
0,57%
0,49%
0,58%
0,51%
0,60%
0,57%
0,54%
0,58%
0,57%
Eurex
Eurex
January 2004
6.4.3
ex_monthly
09.02.2004
page 116
Paid Premium (in KEuro) Part I

Eurex
1997
1998
1999
2000
2001
2002
Total
Total
Total
Total
Total
Total
2003 1st Quarter

2nd Quarter
3rd Quarter
4th Quarter
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Total
Amex
CBOE
ASX
Share
Share
Share
11.679.648
3,41%
77.810.132 34,50%
63.122.700 36,02%
59.258.943 17,30%
79.816.172 35,39%
41.514.967 23,69%
209.778.443 61,25%
0
0,00%
0
0,00%
Liffe
Share
Euronext Paris
Share
OM
Share
Share
0
4.710.063
8.261.347
0,00%
2,09%
4,71%
0
4.053
4.053
0,00%
0,00%
0,00%
6.902.570
7.249.913
6.795.694
2,02%
3,21%
3,88%
412.433
4.216.877
2.190.542
0,12%
1,87%
1,25%
7.584.976
8.524.296
6.079.703
4.627.851
24,44%
26,95%
21,60%
16,45%
7.435.810
6.970.745
6.620.916
7.297.855
23,95%
22,04%
23,53%
25,94%
0
0
0
0
0,00%
0,00%
0,00%
0,00%
1.582.408
1.474.120
1.370.452
1.756.140
5,10%
4,66%
4,87%
6,24%
886.702
621.622
504.307
1.267.289
2,86%
1,97%
1,79%
4,50%
1.100.101
806.043
796.169
615.966
3,54%
2,55%
2,83%
2,19%
373.738
227.414
264.298
284.144
1,20%
0,72%
0,94%
1,01%
9.923.163
3.717.578
3.504.533
10.705.181
12.316.134
4.430.650
4.500.519
2.756.761
3.120.681
3.783.703
2.608.477
1.755.319
2.928.385
2.525.344
2.131.247
2.579.632
2.673.399
3.271.265
2.245.537
1.858.296
1.975.870
1.719.268
1.498.873
1.409.710
26.816.826
44,74%
27,22%
25,88%
51,73%
57,83%
30,69%
26,15%
23,01%
26,58%
26,14%
23,15%
22,09%
25,72%
25,97%
21,46%
26,44%
26,49%
27,76%
21,44%
22,78%
20,78%
15,63%
16,84%
17,13%
22,55%
4.826.491
3.710.077
3.809.019
3.748.417
3.406.173
3.543.365
4.250.072
3.103.266
2.626.560
3.427.935
2.852.537
2.211.055
2.739.458
2.448.826
2.247.527
2.030.620
2.244.347
2.695.778
2.542.516
1.833.365
2.245.035
2.804.019
2.211.363
2.282.473
28.325.326
21,76%
27,17%
28,13%
18,11%
15,99%
24,54%
24,69%
25,91%
22,37%
23,68%
25,32%
27,83%
24,06%
25,18%
22,63%
20,81%
22,24%
22,88%
24,28%
22,47%
23,61%
25,49%
24,85%
27,73%
23,81%
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
525.700
656.642
623.455
656.328
798.455
979.576
757.104
638.130
629.946
685.881
942.394
367.735
397.191
594.966
590.252
408.769
613.441
451.910
454.371
431.361
484.720
509.951
785.727
460.463
6.183.119
2,37%
4,81%
4,60%
3,17%
3,75%
6,79%
4,40%
5,33%
5,36%
4,74%
8,36%
4,63%
3,49%
6,12%
5,94%
4,19%
6,08%
3,84%
4,34%
5,29%
5,10%
4,64%
8,83%
5,59%
5,20%
293.385
274.950
199.078
221.984
275.913
196.990
385.996
362.128
361.523
383.971
272.146
233.997
401.100
225.784
259.818
252.334
183.846
185.442
191.902
124.011
188.393
376.112
314.170
577.008
3.279.920
1,32%
2,01%
1,47%
1,07%
1,30%
1,36%
2,24%
3,02%
3,08%
2,65%
2,42%
2,94%
3,52%
2,32%
2,62%
2,59%
1,82%
1,57%
1,83%
1,52%
1,98%
3,42%
3,53%
7,01%
2,76%
653.818
680.104
734.162
609.957
682.965
665.598
673.948
396.265
467.764
493.095
430.073
307.945
479.705
296.373
324.023
256.502
270.052
279.489
223.114
226.719
346.337
274.946
181.023
159.997
3.318.278
2,95%
4,98%
5,42%
2,95%
3,21%
4,61%
3,92%
3,31%
3,98%
3,41%
3,82%
3,88%
4,21%
3,05%
3,26%
2,63%
2,68%
2,37%
2,13%
2,78%
3,64%
2,50%
2,03%
1,94%
2,79%
358.766
291.410
215.502
247.806
171.885
114.600
115.454
131.477
123.512
156.623
160.231
103.276
174.927
116.670
82.142
88.123
71.318
67.973
67.910
91.516
104.872
137.321
76.682
70.141
1.149.595
1,62%
2,13%
1,59%
1,20%
0,81%
0,79%
0,67%
1,10%
1,05%
1,08%
1,42%
1,30%
1,54%
1,20%
0,83%
0,90%
0,71%
0,58%
0,65%
1,12%
1,10%
1,25%
0,86%
0,85%
0,97%
Share of Some Options and Futures Exchanges at Equity Options Paid Premium
45,00%
Eurex
Euronext Paris
Amex
ASX
Euronext Amsterdam
40,00%
35,00%
ISE
Liffe
30,00%
25,00%
20,00%
15,00%
10,00%
5,00%
0,00%
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
2003
Aug
Sep
Oct
Nov
Dec
Eurex
Eurex
January 2004
6.4.4
ex_monthly
09.02.2004
page 117
Paid Premium (in KEuro) Part II
1997
1998
1999
2000
2001
2002
Total
Total
Total
Total
Total
Total
st
2003 1 Quarter
2 nd Quarter
3 rd Quarter
4 th Quarter
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Total
Euronext Amsterdam
Share
IDEM/ MIF
46.836.583 13,67%
29.714.190 13,18%
18.831.000 10,74%
3.772.400
3.329.300
1.874.400
1,10%
1,48%
1,07%
0
0
0
0,00%
0,00%
0,00%
3.734.134 12,03%
2.641.557 8,35%
2.342.517 8,32%
1.925.740 6,85%
630.500
792.900
322.300
225.600
2,03%
2,51%
1,15%
0,80%
0
0
0
0
114.600
135.900
136.000
185.900
238.600
160.400
163.700
90.900
118.300
149.400
244.000
136.700
399.900
106.500
124.100
210.800
313.900
268.200
126.000
81.400
114.900
74.100
81.900
69.600
1.971.300
0,52%
1,00%
1,00%
0,90%
1,12%
1,11%
0,95%
0,76%
1,01%
1,03%
2,17%
1,72%
3,51%
1,10%
1,25%
2,16%
3,11%
2,28%
1,20%
1,00%
1,21%
0,67%
0,92%
0,85%
1,66%
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2.389.000
1.551.000
1.787.000
1.693.000
783.000
1.017.000
1.972.000
1.583.000
1.891.000
1.954.000
1.261.000
950.000
1.178.000
1.155.249
1.400.885
954.717
842.321
844.519
809.607
739.206
793.704
798.631
683.751
443.358
10.643.948
10,77%
11,36%
13,20%
8,18%
3,68%
7,04%
11,46%
13,22%
16,10%
13,50%
11,19%
11,96%
10,35%
11,88%
14,10%
9,78%
8,35%
7,17%
7,73%
9,06%
8,35%
7,26%
7,68%
5,39%
8,95%
MEFF RF/RV
Share
Safex
Share
ISE
HKFE
Osaka SE
Share
Share
Share
0
0
0
0,00%
0,00%
0,00%
3.665.699 1,07%
18.663.316 8,28%
32.659.339 18,63%
0
0
0
0,00%
0,00%
0,00%
215.438
19.806
8.190
Share
0,06%
0,01%
0,00%
0,00%
0,00%
0,00%
0,00%
0
0
0
0
0,00%
0,00%
0,00%
0,00%
7.711.317
9.572.490
9.838.699
10.124.960
24,84%
30,26%
34,96%
35,99%
0
0
0
0
0,00%
0,00%
0,00%
0,00%
1.526
1.079
2.563
5.923
0,00%
0,00%
0,01%
0,02%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
3.096.513
2.638.629
2.529.661
2.624.035
2.623.804
3.328.220
4.391.341
2.915.750
2.402.605
3.439.004
2.494.578
1.879.919
2.686.209
2.253.755
2.771.353
2.975.864
2.879.399
3.717.227
3.811.769
2.771.731
3.255.199
4.305.493
3.064.498
2.754.969
37.247.465
13,96%
19,32%
18,68%
12,68%
12,32%
23,05%
25,51%
24,34%
20,46%
23,76%
22,14%
23,66%
23,59%
23,18%
27,90%
30,50%
28,53%
31,55%
36,39%
33,97%
34,23%
39,13%
34,44%
33,47%
31,31%
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
432
535
985
579
1.577
599
939
722
341
511
698
273
341
603
582
361
356
362
650
1.167
746
1.899
1.384
2.640
11.091
0,00%
0,00%
0,01%
0,00%
0,01%
0,00%
0,01%
0,01%
0,00%
0,00%
0,01%
0,00%
0,00%
0,01%
0,01%
0,00%
0,00%
0,00%
0,01%
0,01%
0,01%
0,02%
0,02%
0,03%
0,01%
Eurex
Eurex
January 2004
6.5
Money Market Products
6.5.1

Eurex
BM&F
Share
1997
1998
1999
2000
2001
2002
Total
Total
Total
Total
Total
Total
09.02.2004
page 118
CBOE
Share
1.131.032
831.328
3.104.457
1.227.113
663.980
527.815
0,37%
0,26%
1,29%
0,38%
0,13%
0,09%
63.346
0,03%
43.795.597 13,71%
65.965.207 12,61%
75.018.475 12,76%
2003 1 Quarter
2nd Quarter
rd
3 Quarter
4th Quarter
110.921
133.825
143.620
116.251
0,07%
0,07%
0,08%
0,07%
16.463.102
18.875.232
24.127.222
25.159.799
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Total
41.223
30.940
50.985
42.192
49.429
52.179
43.220
49.044
50.558
46.911
34.777
36.357
38.552
35.112
37.257
36.242
35.484
62.099
45.320
45.185
53.115
36.126
30.887
49.238
504.617
0,07%
0,08%
0,11%
0,09%
0,09%
0,11%
0,08%
0,09%
0,10%
0,08%
0,08%
0,11%
0,08%
0,07%
0,06%
0,07%
0,06%
0,09%
0,08%
0,08%
0,09%
0,06%
0,06%
0,10%
0,07%
6.156.288
5.505.429
6.618.467
7.492.507
8.921.811
6.924.045
4.926.299
6.591.947
5.616.905
6.113.463
6.120.336
4.030.978
5.531.405
4.843.857
6.087.840
6.405.949
6.543.502
5.925.781
7.697.411
8.216.191
8.213.620
8.840.423
8.364.806
7.954.570
84.625.355
st
ex_monthly
CME
Share
Liffe
Share
Euronext Paris
Share
Share
OM
Share
3.378
2.872
516
426
893
923
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
149.613.663
144.856.964
120.180.904
138.717.448
274.053.077
309.038.300
48,40%
45,42%
49,84%
43,44%
52,38%
52,58%
93.470.175
127.816.901
85.962.832
97.960.974
162.220.634
188.727.367
30,24%
40,08%
35,65%
30,67%
31,01%
32,11%
17.205.436
5.789.835
3.061.135
195.169
2.965
5.910
5,57%
1,82%
1,27%
0,06%
0,00%
0,00%
11.718.104
6.887.576
5.890.821
4.317.525
5.558.558
3.756.772
3,79%
2,16%
2,44%
1,35%
1,06%
0,64%
10,40%
10,21%
13,43%
15,28%
341
237
286
422
0,00%
0,00%
0,00%
0,00%
68.395.399
87.536.231
80.474.105
74.610.799
43,22%
47,35%
44,81%
45,30%
66.564.320
71.242.528
67.397.719
57.715.094
42,06%
38,54%
37,53%
35,04%
51
0
0
0
0,00%
0,00%
0,00%
0,00%
1.438.229
1.249.945
1.106.527
1.096.157
0,91%
0,68%
0,62%
0,67%
11,12%
13,39%
14,25%
15,40%
16,79%
14,00%
8,98%
12,74%
11,41%
10,18%
13,60%
12,34%
11,67%
10,24%
9,58%
12,53%
10,29%
8,45%
12,83%
14,36%
13,17%
13,63%
16,54%
16,15%
12,31%
106
133
62
99
166
108
71
17
96
28
22
15
99
71
171
49
166
22
10
177
99
220
127
75
1.286
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
30.966.092
21.050.028
25.695.039
27.263.337
27.729.863
27.888.308
31.665.788
27.393.122
23.470.438
29.398.809
21.770.198
14.747.278
20.588.898
19.564.944
28.241.557
24.344.317
30.433.283
32.758.631
26.799.408
27.068.248
26.606.449
28.469.278
22.277.614
23.863.907
311.016.534
55,92%
51,21%
55,31%
56,05%
52,18%
56,39%
57,75%
52,94%
47,67%
48,95%
48,36%
45,14%
43,44%
41,36%
44,44%
47,62%
47,85%
46,71%
44,67%
47,30%
42,66%
43,90%
44,04%
48,44%
45,25%
16.868.974
13.188.102
12.643.094
12.490.714
15.140.554
13.478.899
17.071.290
16.807.182
18.950.901
23.090.546
15.995.235
13.001.876
19.011.794
20.717.369
26.835.157
18.640.315
24.386.060
28.216.153
23.183.472
19.568.562
24.645.685
24.744.448
17.655.710
15.314.936
262.919.661
30,46%
32,08%
27,22%
25,68%
28,49%
27,25%
31,13%
32,48%
38,49%
38,45%
35,53%
39,79%
40,12%
43,79%
42,23%
36,46%
38,34%
40,23%
38,64%
34,19%
39,52%
38,16%
34,90%
31,09%
38,25%
200
0
600
1.200
310
600
1.900
300
800
0
0
0
0
51
0
0
0
0
0
0
0
0
0
0
51
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
450.828
247.346
291.825
346.059
258.110
292.534
190.813
232.601
304.602
529.346
365.869
246.839
473.150
432.680
532.399
263.450
359.615
626.880
166.890
438.270
501.367
357.000
408.245
330.912
4.890.858
0,81%
0,60%
0,63%
0,71%
0,49%
0,59%
0,35%
0,45%
0,62%
0,88%
0,81%
0,76%
1,00%
0,91%
0,84%
0,52%
0,57%
0,89%
0,28%
0,77%
0,80%
0,55%
0,81%
0,67%
0,71%
Share Some Options and Futures Exchanges at Money Market Products Turnover
80,00%
CME
70,00%
Liffe
BM&F
60,00%
SFE
50,00%
40,00%
30,00%
20,00%
10,00%
0,00%
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
2003
Aug
Sep
Oct
Nov
Dec
Eurex
Eurex
January 2004
6.5.2
09.02.2004
page 119

MSE
Nzfoe
Share
1997
1998
1999
2000
2001
2002
6.5.3
ex_monthly
Total
Total
Total
Total
Total
Total
Meff rf/rv
Share
Tiffe
Share
SGX-DT
Share
HKFE
Share
SFE
Share
Share
5.242.933
7,91%
4.323.575 14,68%
4.847.269 22,72%
629.177
934.835
616.362
0,95%
3,17%
2,89%
2.943.759
2.069.505
25.051
247
0
0
4,09%
3,16%
0,05%
0,00%
0,00%
0,00%
26.059.478
21.662.014
14.901.221
17.196.604
7.641.168
4.470.763
36,20%
33,08%
32,56%
25,94%
25,94%
20,95%
1.714.393
190.456
196.361
2,59%
0,65%
0,92%
87.819
507.387
318.372
337.230
643.806
281.227
0,12%
0,77%
0,70%
0,51%
2,19%
1,32%
6.902.810 9,59%
8.505.460 12,99%
7.637.496 16,69%
8.028.022 12,11%
992.530 3,37%
256.284 1,20%
st
2003 1 Quarter
2nd Quarter
3rd Quarter
4th Quarter
1.711.510
1.997.723
1.595.067
1.615.396
1,08%
1,08%
0,89%
0,98%
126.736
146.603
99.268
118.786
0,08%
0,08%
0,06%
0,07%
0
0
0
0
0,00%
0,00%
0,00%
0,00%
570.721
512.048
1.790.291
1.282.743
0,36%
0,28%
1,00%
0,78%
22.597
11.061
25.451
13.842
0,01%
0,01%
0,01%
0,01%
13.615
11.164
6.177
17.153
0,01%
0,01%
0,00%
0,01%
2.827.111
3.143.093
2.823.982
2.945.302
1,79%
1,70%
1,57%
1,79%
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Total
385.795
325.988
508.243
387.458
446.374
387.430
494.981
394.408
421.980
460.856
320.708
313.048
627.558
513.863
570.089
635.640
651.405
710.678
549.492
431.526
614.049
572.242
549.655
493.499
6.919.696
0,70%
0,79%
1,09%
0,80%
0,84%
0,78%
0,90%
0,76%
0,86%
0,77%
0,71%
0,96%
1,32%
1,09%
0,90%
1,24%
1,02%
1,01%
0,92%
0,75%
0,98%
0,88%
1,09%
1,00%
1,01%
42.874
39.359
89.580
73.435
83.310
67.296
53.335
37.347
39.970
25.624
31.275
32.957
44.334
21.011
61.391
45.953
42.938
57.712
32.037
37.239
29.992
28.367
38.616
51.803
491.393
0,08%
0,10%
0,19%
0,15%
0,16%
0,14%
0,10%
0,07%
0,08%
0,04%
0,07%
0,10%
0,09%
0,04%
0,10%
0,09%
0,07%
0,08%
0,05%
0,07%
0,05%
0,04%
0,08%
0,11%
0,07%
0,00%
399.027
637.958
463.797
450.842
428.787
322.473
326.341
201.238
341.050
347.822
332.128
219.300
212.604
203.368
154.749
105.503
146.262
260.283
460.686
695.865
633.740
652.860
330.767
299.116
4.155.803
0,72%
1,55%
1,00%
0,93%
0,81%
0,65%
0,60%
0,39%
0,69%
0,58%
0,74%
0,67%
0,45%
0,43%
0,24%
0,21%
0,23%
0,37%
0,77%
1,22%
1,02%
1,01%
0,65%
0,61%
0,60%
21.254
16.026
21.047
18.873
17.898
17.866
21.903
17.607
13.710
17.600
9.195
3.382
8.771
7.360
6.466
4.290
4.062
2.709
12.526
8.076
4.849
5.033
4.900
3.909
72.951
0,04%
0,04%
0,05%
0,04%
0,03%
0,04%
0,04%
0,03%
0,03%
0,03%
0,02%
0,01%
0,02%
0,02%
0,01%
0,01%
0,01%
0,00%
0,02%
0,01%
0,01%
0,01%
0,01%
0,01%
0,01%
37.391
38.271
49.106
53.234
47.619
11.360
9.644
6.696
9.457
7.288
9.518
1.643
4.398
3.202
6.015
3.523
2.898
4.743
2.802
1.771
1.604
9.031
4.317
3.805
48.109
0,07%
0,09%
0,11%
0,11%
0,09%
0,02%
0,02%
0,01%
0,02%
0,01%
0,02%
0,01%
0,01%
0,01%
0,01%
0,01%
0,00%
0,01%
0,00%
0,00%
0,00%
0,01%
0,01%
0,01%
0,01%
669.014
581.968
758.183
701.166
864.257
859.940
813.820
705.497
753.428
740.865
636.773
628.857
850.196
963.675
1.013.240
634.349
997.866
1.510.878
1.049.646
715.583
1.058.753
1.131.542
916.924
896.836
11.739.488
1,19%
1,40%
1,61%
1,42%
1,60%
1,71%
1,46%
1,35%
1,51%
1,22%
1,40%
1,89%
1,79%
2,04%
1,59%
1,24%
1,57%
2,15%
1,75%
1,25%
1,70%
1,74%
1,81%
1,82%
1,71%
Three-Month Euribor Futures Traded Contracts

Eurex
Liffe
Euronext Paris
Eurex Share
3.033.636
1.224.877
663.980
527.815
35.657.690
58.016.852
91.083.198
105.756.584
3.023.195
195.169
2.965
5.910
7,27%
2,06%
0,72%
0,50%
2003 1 Quarter
nd
2 Quarter
rd
3 Quarter
th
4 Quarter
110.455
133.725
143.520
116.251
33.272.021
36.846.024
34.661.291
32.912.854
51
0
0
0
0,33%
0,36%
0,41%
0,35%
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Total
41.223
30.940
50.985
42.192
49.429
52.179
43.220
49.044
50.558
46.911
34.777
36.357
38.391
34.907
37.157
36.142
35.484
62.099
45.320
45.085
53.115
36.126
30.887
49.238
503.951
8.591.974
7.080.632
7.151.918
7.408.444
8.632.373
7.968.557
9.889.705
9.529.933
10.440.669
13.306.449
8.744.197
7.011.733
9.612.443
9.916.579
13.742.999
10.349.896
11.944.486
14.551.642
12.084.063
10.025.755
12.551.473
14.150.848
10.764.482
7.997.524
137.692.190
200
0
600
1.200
310
600
1.900
300
800
0
0
0
0
51
0
0
0
0
0
0
0
0
0
0
51
0,48%
0,44%
0,71%
0,57%
0,57%
0,65%
0,44%
0,51%
0,48%
0,35%
0,40%
0,52%
0,40%
0,35%
0,27%
0,35%
0,30%
0,42%
0,37%
0,45%
0,42%
0,25%
0,29%
0,61%
0,36%
1999
2000
2001
2002
Total
Total
Total
Total
st
Eurex
Eurex
January 2004
6.6
Capital Market Products
6.6.1

Eurex
CBOT
Share
1997
1998
1999
2000
2001
2002
ex_monthly
09.02.2004
page 120
CBOE
Share
MSE
Share
Liffe
Euronext Paris
OM
Share
Share
Share
96.130.695 22,54%
47.290.514 10,02%
10.692.729 2,24%
5.748.254 1,06%
10.257.903 1,54%
11.184.919 1,47%
44.686.994 10,48%
29.570.958 6,27%
6.386.379 1,34%
43.328.691 8,01%
17.971.235 2,70%
11.177 0,00%
Total
Total
Total
Total
Total
Total
63.450.369
140.962.300
245.630.053
287.812.314
408.961.942
446.601.055
14,88%
29,88%
51,56%
53,24%
61,36%
58,69%
177.617.386
216.623.010
190.101.028
169.083.176
193.952.698
267.825.080
41,65%
45,91%
39,90%
31,28%
29,10%
35,20%
72.139
73.891
42.040
41.669
38.410
42.309
0,02%
0,02%
0,01%
0,01%
0,01%
0,01%
1.510.363
1.855.610
1.814.011
0,28%
0,28%
0,24%
2003 1st Quarter

2n d Quarter
3r d Quarter
4t h Quarter
149.284.039
146.151.265
142.472.622
123.786.984
62,47%
57,88%
54,36%
54,58%
77.438.722
92.660.548
105.786.613
89.856.883
32,40%
36,70%
40,36%
39,62%
15.004
24.866
34.121
15.322
0,01%
0,01%
0,01%
0,01%
686.330
648.042
498.038
575.262
0,29%
0,26%
0,19%
0,25%
3.270.322
3.148.175
3.228.811
3.257.624
1,37%
1,25%
1,23%
1,44%
0
0
0
0
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Total
39.556.995
32.367.341
36.310.647
31.058.293
34.553.733
34.651.156
40.570.073
42.499.235
45.571.959
50.195.278
33.348.969
25.917.376
48.087.098
42.726.019
58.470.922
43.295.364
44.890.835
57.965.066
51.954.665
37.947.151
52.570.806
52.724.248
38.950.559
32.112.177
561.694.910
65,34%
58,92%
59,97%
59,80%
55,82%
56,24%
58,66%
56,95%
61,87%
60,49%
53,98%
54,88%
65,30%
59,01%
62,92%
61,84%
52,40%
59,86%
55,49%
49,50%
57,28%
59,02%
53,33%
49,85%
57,29%
17.683.281
18.859.100
19.600.753
17.722.069
23.439.316
22.076.544
24.708.661
28.481.721
23.450.349
28.735.902
25.147.744
17.919.640
22.450.108
25.894.717
29.093.897
23.407.000
36.476.776
32.776.772
37.293.844
34.903.329
33.589.440
32.213.559
29.747.990
27.895.334
365.742.766
29,21%
34,33%
32,37%
34,12%
37,86%
35,83%
35,72%
38,17%
31,83%
34,63%
40,70%
37,94%
30,48%
35,76%
31,31%
33,43%
42,57%
33,85%
39,83%
45,53%
36,60%
36,06%
40,73%
43,30%
37,31%
2.347
2.381
2.241
2.350
2.991
3.357
4.308
4.697
3.461
6.191
3.173
4.812
4.386
2.284
8.334
2.408
11.500
10.958
13.149
13.801
7.171
4.137
4.110
7.075
89.313
0,00%
0,00%
0,00%
0,00%
0,00%
0,01%
0,01%
0,01%
0,00%
0,01%
0,01%
0,01%
0,01%
0,00%
0,01%
0,00%
0,01%
0,01%
0,01%
0,02%
0,01%
0,00%
0,01%
0,01%
0,01%
101.921
189.710
125.996
115.946
244.024
118.768
116.548
225.374
122.131
144.815
219.040
89.738
149.337
329.641
207.352
191.789
285.697
170.556
152.170
191.176
154.692
168.290
259.146
147.826
2.407.672
0,17%
0,35%
0,21%
0,22%
0,39%
0,19%
0,17%
0,30%
0,17%
0,17%
0,35%
0,19%
0,20%
0,46%
0,22%
0,27%
0,33%
0,18%
0,16%
0,25%
0,17%
0,19%
0,35%
0,23%
0,25%
956.653
881.986
1.084.598
693.709
877.520
1.062.226
908.913
988.291
1.091.784
929.650
838.230
871.359
943.437
1.046.379
1.280.506
742.546
1.047.449
1.358.180
931.751
954.282
1.342.778
952.190
1.304.552
1.000.882
12.904.932
1,58%
1,61%
1,79%
1,34%
1,42%
1,72%
1,31%
1,32%
1,48%
1,12%
1,36%
1,85%
1,28%
1,45%
1,38%
1,06%
1,22%
1,40%
1,00%
1,24%
1,46%
1,07%
1,79%
1,55%
1,32%
4.247
1.856
3.841
247
668
314
4
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Share
3.189.021
3.141.345
2.124.888
1.068.220
1.497.722
1.815.261
0,75%
0,67%
0,45%
0,20%
0,22%
0,24%
0,00%
0,00%
0,00%
0,00%
467.690
488.605
392.823
433.632
0,20%
0,19%
0,15%
0,19%
0,01%
0,00%
0,01%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
103.040
80.510
276.227
89.168
117.275
279.700
39.679
69.427
282.907
155.230
62.155
259.943
96.568
78.246
292.876
62.537
76.745
349.323
51.927
62.319
278.577
85.591
91.145
256.896
1.782.750
0,17%
0,15%
0,46%
0,17%
0,19%
0,45%
0,06%
0,09%
0,38%
0,19%
0,10%
0,55%
0,13%
0,11%
0,32%
0,09%
0,09%
0,36%
0,06%
0,08%
0,30%
0,10%
0,12%
0,40%
0,18%
Share of European Options and Futures Exchanges at Capital Market Products Turnover
80,00%
60,00%
40,00%
Eurex
CBOT
20,00%
Liffe
SFE
0,00%
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
2003
Aug
Sep
Oct
Nov
Dec
Eurex
Eurex
January 2004
6.6.2
ex_monthly
09.02.2004
page 121

Euronext Amsterdam
Share
1997
1998
1999
2000
2001
2002
Total
Total
Total
Total
Total
Total
2003 1st Quarter

2nd Quarter
3rd Quarter
4th Quarter
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Total
Nybot
Meff rf/rv
Share
TSE
Share
SGX-DT
Share
Nzfoe
Share
SFE
Share
Share
292.860
215.700
134.539
43.987
10.937
217
0,07%
0,05%
0,03%
0,01%
0,00%
0,00%
323.294
164.546
0
0,06%
0,02%
0,00%
23.688.599
16.839.457
3.618.103
1.094.675
278.816
52.893
5,55%
3,57%
0,76%
0,20%
0,04%
0,01%
11.236.272
8.410.676
7.398.480
2,08%
1,26%
0,97%
1.045.501
997.976
886.624
0,19%
0,15%
0,12%
11.605
96.419
9.194
0,00%
0,01%
0,00%
17.354.831
17.077.491
17.674.913
18.277.688
22.033.199
23.274.926
4,07%
3,62%
3,71%
3,38%
3,31%
3,06%
0
0
0
0
0,00%
0,00%
0,00%
0,00%
0
0
0
0
0,00%
0,00%
0,00%
0,00%
1.037
185
77
83
0,00%
0,00%
0,00%
0,00%
1.500.367
1.831.286
2.318.094
1.189.383
0,63%
0,73%
0,88%
0,52%
261.998
257.958
192.768
145.062
0,11%
0,10%
0,07%
0,06%
804
919
90
286
0,00%
0,00%
0,00%
0,00%
6.049.656
7.303.506
7.152.871
7.534.233
2,53%
2,89%
2,73%
3,32%
217
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
4.148
2.565
9.886
1.884
4.834
10.956
4.107
3.068
5.914
1.086
370
4.075
483
155
399
34
62
89
50
3
24
5
25
53
1.382
0,01%
0,00%
0,02%
0,00%
0,01%
0,02%
0,01%
0,00%
0,01%
0,00%
0,00%
0,01%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
650.229
740.575
619.417
524.364
607.332
642.028
645.749
666.263
769.092
580.403
511.713
441.315
441.701
507.393
551.273
461.961
466.733
902.592
800.448
731.760
785.886
661.237
528.146
0
6.839.130
1,07%
1,35%
1,02%
1,01%
0,98%
1,04%
0,93%
0,89%
1,04%
0,70%
0,83%
0,93%
0,60%
0,70%
0,59%
0,66%
0,54%
0,93%
0,85%
0,95%
0,86%
0,74%
0,72%
0,00%
0,70%
70.951
88.547
110.848
70.620
61.056
99.119
53.039
47.539
105.875
39.010
63.514
76.506
59.756
67.273
134.969
51.018
62.661
144.279
49.047
62.829
80.892
42.058
35.201
67.803
857.786
0,12%
0,16%
0,18%
0,14%
0,10%
0,16%
0,08%
0,06%
0,14%
0,05%
0,10%
0,16%
0,08%
0,09%
0,15%
0,07%
0,07%
0,15%
0,05%
0,08%
0,09%
0,05%
0,05%
0,11%
0,09%
1.936
1.355
2.081
94
125
949
290
100
535
827
319
583
252
44
508
501
210
208
29
0
61
24
50
212
2.099
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
0,00%
1.407.651
1.717.670
2.401.239
1.654.214
1.994.777
2.667.885
2.115.140
1.640.530
2.259.228
2.186.889
1.589.745
1.639.958
1.410.196
1.758.113
2.881.347
1.797.111
2.358.051
3.148.344
2.383.796
1.797.579
2.971.496
2.488.377
2.110.405
2.935.451
28.040.266
2,33%
3,13%
3,97%
3,19%
3,22%
4,33%
3,06%
2,20%
3,07%
2,64%
2,57%
3,47%
1,91%
2,43%
3,10%
2,57%
2,75%
3,25%
2,55%
2,34%
3,24%
2,79%
2,89%
4,56%
2,86%
Eurex
Eurex
January 2004
6.6.3
ex_monthly
09.02.2004
page 122
Ten Year Capital Market Futures Traded Contracts

Euro-Bund Future
Eurex
10-Year Treasury Notes

Cbot
Long Gilt
Liffe
10-Year Bonds
SFE
Total
Total
Total
Total
Total
Total
Total
31.337.633
89.877.840
144.158.040
151.326.295
178.011.304
191.263.413
32.362.279
32.482.576
32.358.127
46.700.538
58.579.290
56.082.284
19.653.565
16.185.316
8.421.533
5.350.705
6.710.557
7.789.011
33.752.483
23.284.475
6.130.969
43.317.155
17.349.421
11.173
2003 1st Quarter

2nd Quarter
3rd Quarter
th
4 Quarter
65.864.492
63.455.364
63.377.019
51.717.399
13.573.050
16.879.636
18.288.440
14.780.381
2.403.613
2.479.157
2.557.503
2.709.994
1.476.035
1.731.721
1.797.578
1.700.570
1.295.375
1.539.578
2.060.975
1.035.675
77,84%
73,71%
71,95%
71,89%
17.868.652
13.692.231
15.919.091
13.005.434
14.084.742
15.411.526
18.238.368
17.766.078
19.957.687
20.580.453
13.769.452
10.969.699
22.301.183
19.288.887
24.274.422
18.606.678
19.464.228
25.384.458
24.167.720
16.216.530
22.992.769
21.770.781
16.512.496
13.434.122
244.414.274
4.132.678
4.721.071
4.504.817
3.932.801
5.191.448
4.722.207
5.157.893
5.666.500
4.534.457
5.190.079
4.722.766
3.605.567
3.625.265
4.840.864
5.106.921
3.795.039
7.188.416
5.896.181
6.352.053
6.197.978
5.738.409
5.121.797
4.823.411
4.835.173
63.521.507
612.058
665.881
645.605
538.780
738.497
624.689
671.423
775.754
654.084
681.836
686.282
494.122
705.204
859.482
838.927
625.915
923.290
929.952
817.842
855.852
883.809
849.741
1.219.681
640.572
10.150.267
328.572
329.305
614.852
339.430
371.385
665.532
397.307
295.871
535.649
463.367
382.886
476.134
318.822
408.419
748.794
343.347
524.691
863.683
610.818
431.257
755.503
519.689
404.685
776.196
6.705.904
550.803
645.139
550.453
447.174
510.994
549.575
550.205
571.189
675.793
497.977
431.448
381.296
371.679
439.257
484.439
390.735
374.215
774.628
686.668
645.988
728.319
579.942
455.733
0
5.931.603
78,99%
71,75%
75,51%
74,41%
70,35%
74,20%
75,77%
73,38%
79,35%
77,80%
71,79%
72,77%
81,62%
74,66%
77,18%
78,31%
68,36%
74,99%
74,05%
66,60%
73,93%
75,48%
70,52%
68,24%
73,90%
Long Gilt
10-Year Bonds
1996
1997
1998
1999
2000
2001
2002
2002 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2003 Total
Japanese Government Bonds

TSE
Eurex-Share in %
9.852.159
7.346.243
Capital Market Futures - Total 2003

300
250
200
150
100
50
0
Euro-Bund Future
in million contracts
10-Year Treasury Notes
Japanese Government Bonds
15,05%
34,94%
57,12%
57,36%
68,22%
74,95%

Monthlystat 200401

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Eurex Monthly Statistics

EUREX KEY FIGURES

1.1 Monthly Press Release

1.2 Eurex Participants

1.3 Eurex Total

1.4 Eurex Summary

EUREX - INDEX PRODUCTS

2.1 Dow Jones Euro-STOXX 50 Options

2.2 Dow Jones Euro STOXX 50 Futures

2.3 Dow Jones STOXX 50 Options

2.4 Dow Jones STOXX 50 Futures

2.5 VDAX Volatility Index

2.7 DAX Futures

2.8 TecDAX Option

2.9 TecDAX Future

2.10 NEMAX 50 Option

2.11 NEMAX 50 Future

2.12 SMI Options

2.13 SMI Futures

2.14 HEX25 Options

2.15 HEX25 Futures

2.16 Euro STOXX Sector Options

2.17 Euro STOXX Sector Options Breakdown by Individual Indices

2.18 Euro STOXX Sector Futures

2.19 Euro STOXX Sector Futures Breakdown by Individual Indices

2.20 STOXX 600 Sector Options

2.21 STOXX 600 Sector Options Breakdown by Individual Indices

2.22 STOXX 600 Sector Futures

2.23 STOXX 600 Sector Futures Breakdown by Individual Indices

2.24 Global Titans Options

2.25 Global Titans Futures

2.6 DAX Options

EUREX EQUITY PRODUCTS

3.1 Options on German Equities

3.2 Options on German Equities Breakdown by Individual Securities

3.3 Options on SMI Component Equities

3.4 Options on SMI Component Equities Breakdown by Individual

3.5 Options on French Equities

3.6 Options on French Equities Breakdown by Individual Securities

3.7 Options on Dutch Equities

3.8 Options on Dutch Equities Breakdown by Individual Securities

3.9 Options on Italian Equities

3.10 Options on Italian Equities Breakdown by Individual Securities

3.11 Options on Nordic Equities

3.12 Options on Nordic Equities Breakdown by Individual Securities

3.13 Options on US Equities

3.14 Options on US Equities Breakdown by Individual Securities

EXCHANGE TRADED FUNDS PRODUCTS

4.1 Options on Exchange Traded Funds

4.2 Options on Exchange Traded Funds Breakdown by Individual

4.3 Futures on Exchange Traded Funds

4.4 Futures on Exchange Traded Funds Breakdown by Individual

EUREX FIXED INCOME MARKET PRODUCTS

5.1 One-Month-Euribor Futures

5.2 Three-Month Euribor Futures

5.3 Options on Three-Month-Euribor Futures

5.4 Euro-Schatz Futures

5.5 Options on Euro-Schatz Futures

5.6 Euro-Bobl Futures

5.7 Options on Euro-Bobl Futures

5.8 Euro-Bund Futures

5.9 Options on Euro-Bund Futures

5.10 CONF Futures