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NEX Group ends 2017 with repo boost
Latest news
NEX Group ends 2017 with repo boost
04 January 2018
London
Reporter: Jenna Lomax
Image: Shutterstock
Nex Group achieved a 23 percent increase to its EU repo activity in December, compared to the same time last year.
EU repo activity reached $223.1 billion last month, up from $181.3 billion in December 2016.
Nex Group’s EU repo volume was down 7 percent from November, which stood at $240.4 billion.
The group also saw an 11 percent increase to its US repo activity year on year for December.
US repo volume hit $260.1 billion for the month, up from $233.7 billion in 2016.
Last month’s US repo activity also increased 3 percent from the previous month, which achieved $252.6 billion.
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