Eurex sees the repo volume rise while GC Pooling falls
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Eurex sees the repo volume rise while GC Pooling falls 10 November 2020Germany Reporter: Natalie Turner
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Eurex Repo, the electronic marketplace for secured funding and financing, says its overall average term-adjusted year-to-date volume grew by 15 percent since last year.
For October, term-adjusted volume in the GC Pooling market fell by 25 percent, while in the repo market was up 50 percent – from €55.5 billion in October 2019 to €83.3 billion this year.
GC Pooling volume reached €59.8 billion last month, down from €79.8 billion in October 2019.
Meanwhile, total traded financial derivatives contracts at Eurex fell by 23 percent, from 164.3 million contracts in October 2019 to 125.9 million contracts in October this year.
Elsewhere, Eurex Repo has recently added a new basket of green bonds for use as general collateral (GC) within its repo marketplace, as of 2 November.
The basket's go-live follows Eurex’s inclusion of the new EU Sure bonds as eligible margin collateral and for repo trading and clearing.
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