Business
Trading volumes for the third quarter and the first nine months of 2007
Trading volumes for the third quarter and the first nine months of 2007.
About this update from Stampede Drilling Inc.
[{"type":"text","content":"\n\n\n\nMONTREAL, Oct. 3 /CNW Telbec/ - Montreal Exchange Inc. (MX) (TSX : MXX)\nreported today that its trading volume reached a total of 10 million contracts\nfor the third quarter of 2007, an increase of 1.7% compared to the same period\nof 2006.\n\n\nFor the first nine months ended September 30, 2007, MX reported that\ntotal trading activity increased 9.3% from the same period of the previous\nyear to reach a total of 33.1 million contracts traded on the MX market.\n\n\nHIGHLIGHTS\n\n\nInterest Rate Derivatives\n\n\nTrading activity in the Three-Month Canadian Bankers' Acceptance Futures\ncontract (BAX) totalled 3.3 million contracts for the third quarter of 2007, a\n24.3% decrease compared to the same period of 2006. For the first nine months\nof 2007, BAX trading volumes decreased by 2.9% compared to the same period of\nthe previous year to reach a total of 12.5 million contracts. Open interest\nfor the BAX stood at 288,431 contracts on September 30, 2007 compared to\n437,793 contracts on the same date of 2006.\n\n\nA total of 2.2 million Ten-Year Government of Canada Bond Futures\ncontracts (CGB) were traded in the third quarter of 2007, a 15.6% increase\nfrom the same period last year. Trading volumes for the CGB increased 32% in\nthe nine month period of 2007 to reach a total of 7.3 million contracts. Open\ninterest for the CGB stood at 244,251 contracts on September 30, 2007 compared\nto 274,155 contracts on the same date of 2006.\n\n\nIndex Derivatives\n\n\nTrading activity in the SXF, the S&P Canada 60 Index Futures contract,\nincreased 33.3% for the third quarter of 2007 to reach 1,046,172 contracts.\nSXF trading volume grew 28.7% in the nine month period of 2007 to total\n2.8 million contracts. Open interest in the SXF was 162,823 contracts on\nSeptember 30, 2007, compared to 158,080 contracts on the same date of 2006.\n\n\nEquity Derivatives\n\n\nA total of 3.2 million equity options and ETF options were traded during\nthe third quarter of 2007, a 26.1% increase in volume compared to the third\nquarter of 2006. For the first nine months of the year, trading volume reached\n9.8 million contracts, an increase of 8.6% from the same period of the\nprevious year. Open interest was 1.67 million contracts on September 30, 2007,\nan 11.1% increase from September 30, 2006.\n\n\nDetailed statistical data on MX trading v...