Eurex Repo reports growth in market business amid derivatives decline
07 August 2020 Frankfurt
Image: tadamichi/Adobe Stock
Eurex Repo has reported a year-on-year increase of 37 percent in its market business, reaching €86.9 billion in average term-adjusted volume.
However, GC Pooling saw a 10 percent decline in average monthly term-adjusted volume to €63.4 billion from €70.5 billion in July 2019.
Such mixed figures were also reported by the global derivatives exchange in over-the-counter clearing, with notional outstanding volumes increasing by 53 percent compared to July 2019, while average daily cleared volumes fell by 13 percent to €99 billion.
This was in line with Eurex’s recorded declines in all classes of traded financial derivatives contracts.
Financial derivatives reported an overall decline of 13 percent in the number of traded contacts on the Eurex Exchange, with European equity derivatives taking the biggest hit in a 23 percent decrease to €17.1 million.
In addition, European equity index derivatives fell 10 percent year-on-year, while European interest rate derivatives declined 16 percent to €33.8 million.
However, GC Pooling saw a 10 percent decline in average monthly term-adjusted volume to €63.4 billion from €70.5 billion in July 2019.
Such mixed figures were also reported by the global derivatives exchange in over-the-counter clearing, with notional outstanding volumes increasing by 53 percent compared to July 2019, while average daily cleared volumes fell by 13 percent to €99 billion.
This was in line with Eurex’s recorded declines in all classes of traded financial derivatives contracts.
Financial derivatives reported an overall decline of 13 percent in the number of traded contacts on the Eurex Exchange, with European equity derivatives taking the biggest hit in a 23 percent decrease to €17.1 million.
In addition, European equity index derivatives fell 10 percent year-on-year, while European interest rate derivatives declined 16 percent to €33.8 million.
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