Eurex Repo average daily volume down 6% YoY for 2024
07 January 2025 Europe
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Eurex Repo has recorded an average daily volume of €337.1 billion for 2024, down 6 per cent from the previous year.
Eurex's electronic market for secured funding and financing attributes the downturn to the current market environment and reduced interest in repo term business.
Average daily term-adjusted volume for GC Pooling fell by 3 per cent year-on-year (YoY) to €153.9 billion in 2024, while special repo volume decreased by 8 per cent to €183.1 billion compared to the previous year.
For OTC derivatives clearing, notional outstanding volumes have risen 12 per cent YoY for 2024, to €33,411 billion.
Growth in this area has been attributed to a YoY increase in notional outstanding for interest rate swaps (12 per cent, €15,663 billion) and overnight index swaps (35 per cent, €4,237 billion).
Average daily cleared volumes through Eurex Clearing have increased 13 per cent YoY for 2024 to €209 billion.
The firm reports a YoY increase in average daily cleared volume for interest rate swaps (29 per cent, €25 billion), and overnight index swaps (34 per cent, €21 billion).
On a monthly basis, the average daily volume recorded for Eurex Repo was down 10 per cent YoY to €282.9 billion in December.
Contributing to this, GC Pooling volumes fell by 4 per cent YoY to €133.2 billion, while special repo saw a 15 per cent YoY decline to €149.7 billion.
Eurex's electronic market for secured funding and financing attributes the downturn to the current market environment and reduced interest in repo term business.
Average daily term-adjusted volume for GC Pooling fell by 3 per cent year-on-year (YoY) to €153.9 billion in 2024, while special repo volume decreased by 8 per cent to €183.1 billion compared to the previous year.
For OTC derivatives clearing, notional outstanding volumes have risen 12 per cent YoY for 2024, to €33,411 billion.
Growth in this area has been attributed to a YoY increase in notional outstanding for interest rate swaps (12 per cent, €15,663 billion) and overnight index swaps (35 per cent, €4,237 billion).
Average daily cleared volumes through Eurex Clearing have increased 13 per cent YoY for 2024 to €209 billion.
The firm reports a YoY increase in average daily cleared volume for interest rate swaps (29 per cent, €25 billion), and overnight index swaps (34 per cent, €21 billion).
On a monthly basis, the average daily volume recorded for Eurex Repo was down 10 per cent YoY to €282.9 billion in December.
Contributing to this, GC Pooling volumes fell by 4 per cent YoY to €133.2 billion, while special repo saw a 15 per cent YoY decline to €149.7 billion.
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