- The volume of trading in all derivatives was 925.5 thousand contracts in June 2014.
- Open interest was 177.1 thousand at the end of June 2014.
“The activity of investors on the derivatives market is largely determined by market volatility, which has been particularly low in the last quarter, both in Poland and on the other European markets. However, WIG20 futures with a multiplier of PLN 20 allow investors to gain even under such conditions. Combined efforts of WSE and brokerage houses in creating ever better conditions for investors, for instance by introducing intraday margins, continuous education and promotion, help in the long term to make the derivatives market more attractive and to attract new categories of investors to the market,” said Adam Maciejewski, President of the Warsaw Stock Exchange.
WIG20 futures
June 2014 was the last month in which WIG20 futures with a 10 PLN multiplier, as well as the WIG20 futures with a 20 PLN multiplier (until 20 June) were both available in trading on the exchange at the same time. The total volume of trading in WIG20 futures was 605.5 thousand contracts in June 2014 and the open interest was 68.2 thousand contracts at the end of June 2014.
mWIG40 Futures
Investors’ interests in the mWIG40 futures remain at the highest historical levels. The incremental volume of trading was 61.8 thousand in the first six months of the year, which was over three times more than during the same period of 2013. The open interest was 1.6 thousand contracts at the end of June 2014.
Options
The volume of trading in WIG20 options was 32.3 thousand options in June 2014 and the open interest was 36 thousand at the end of June 2014. The incremental volume of trading was 214 thousand options year to date, a decrease of 48% year on year.
Single-stock futures
The volume of trading in single-stock futures was 37.1 thousand contracts in June 2014 and the open interest was 7.5 thousand contracts at the end of June 2014. The incremental volume of trading was 261.1 thousand contracts year to date, a decrease of 30.1% year on year. The most traded single-stock futures in June were:
No. | Underlying | Trading volume (#) in June 2014 |
1. | PKO BP SA | 11 939 |
2. | KGHM SA | 9 163 |
3. | PKN ORLEN SA | 4 375 |
4. | PZU SA | 3 322 |
5. | PGE SA | 2 576 |
Currency futures
In June 2014, the trading volume in currency futures was 240.1 thousand contracts, while the open interest was 75.3 thousand contracts. The total trading volume for the first half of 2014 was 1,149.7 thousand, a decrease of 18.7% year on year. The most traded currency product, in June 2014, were USD/PLN futures. The trading volume in USD/PLN futures was 220.6 thousand contracts, representing 92% of trading volume in all currency futures.