U.S. options market volumes remained strong in Q3 2021 with an average of 35.5M contracts traded per day in the midst of several negative market catalysts: inflation fears, Fed taper plans and a rising 10-year Treasury yield, the Delta variant, Evergrande debt woes, US Federal debt limit brinksmanship, and uncertainty around an infrastructure bill. As market participants traded heavily to hedge and position for these (potential) developments, NYSE Arca Options ranked #1 in U.S. options multi-list market share at 12.3%, with a record quarterly average daily volume for NYSE Group of 4.37M average daily contracts traded.
Following the record-setting 40.1 million average daily volume (ADV) in the 1st quarter of this year, Q2 2021 options volume was the 2nd highest of all-time with 37.6 million contracts traded per day. Robust volume was driven in part by market anticipation of a potential earlier rise in interest rates and Fed tapering, as well as increased volume in options on new issues and continued activity in retail-focused stocks.
Financial Markets Focus on Climate »
As governments, corporations, and individuals focus more on human impact to the environment, international financial markets have responded with innovative products to help manage climate risk and invest in mitigating technologies.
Market Making and the NYSE DMM Difference »
Market makers play a key function in markets, committing capital to bridge timing differences between buyers and sellers. With the industry debating underlying market structure tenets such as tick sizes there has been renewed focus on different types of market making activity.