NYSE Euronext has reported a strong listing trend in April.
There were 12,117 new listings across the four Euronext markets in April, of which the majority (9,982) were listed at Euronext Paris. The Amsterdam exchange, meanwhile, counted 1,405 new listings, followed by Brussels (570) and Lisbon (160).
The total number of live listings is 35,957, up 8% from last month and up 26% compared with April 2013.
Despite Paris having the highest number of new listings, Amsterdam is the busiest of the four exchanges with 186,458 trades and a value traded of €794m in April.
SRP’s own figures – which exclude tracker certificates and warrants – show that 9,641 leverage products were added to the French, Dutch, Belgian and Portuguese databases during April, with Société Générale the most active provider, introducing 3,066 turbos at Euronext Paris.
Issuers
Royal Bank of Scotland is still market leader with share of 27.1%. Commerzbank (15.8%), ranked third in March, is now ranked second while ING gained 1.2% market share and is now ranked third with a share of 15.3%.
ABN Amro was the biggest loser in April. The Dutch bank lost almost 4% market share and is now ranked fourth (14.6%).
Underlyings
The Dutch AEX index was once again the most traded underlying across all NYSE Euronext markets, with an average daily value traded of €21.6m and an average of 4,408 trades per day – down 15% month on month – followed by Germany’s DAX (€6.7m/1,577) which saw its number of trades increase by 9.3%
Gold was the most traded commodity with an average daily traded value of €1.7m, while the ING share was the most traded stock (€1.5m).
RBS’s open-ended leveraged knock out BEST (Barrier Equals Strike) certificate on the AEX was the most traded leverage product in March with 4,980 trades and a trading value of €30,3m.
Aegon
Meanwhile, Aegon has listed €700m subordinated notes at Euronext Amsterdam. The notes, which have got a term of 30 years and are first callable on 25 April 2024, pay a fixed coupon of 4% until the first call date and a floating coupon equal to the Euribor plus 3.35% thereafter.
“Notes like these are a good example of some of the fixed income products Euronext lists in order for issuers to meet their financing needs and achieve their funding objectives,” said Anne Louise Metz, head of listing at Euronext Amsterdam.
Click here to read the activity report for April.
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