Eurex Repo sees growth while GC pooling volumes fall
11 December 2020 Germany
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Eurex Repo, the electronic marketplace for secured funding and financing, says its repo market saw growth of 88 percent, from €58.5 billion to €110.1 billion while GC pooling volumes fell by 50 percent.
For November, term-adjusted volume in the GC pooling volumes were at €50.1 billion, down from €99.7 billion compared to the same month last year.
Meanwhile, total traded financial derivatives contracts at Eurex increased by 8 percent, from 138.2 million contracts in November 2019 to 149.5 million contracts in November this year.
European equity derivatives saw a fall of 27 percent year-on-year, European equity index derivatives and European equity interest rate derivative volumes were both up, the former by 32 percent compared to November 2019.
In the over-the-counter clearing area, a large rise in notional outstanding volumes was recorded, up 29 percent compared to November 2019.
According to Eurex, the volume of long-dated interest rate swaps cleared at Eurex rose to a new record average daily volume of €56.5 billion, a roughly four-fold increase over average volumes for the first nine months of 2020.
Elsewhere, Eurex Repo has recently added a new basket of green bonds for use as general collateral (GC) within its repo marketplace.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.
For November, term-adjusted volume in the GC pooling volumes were at €50.1 billion, down from €99.7 billion compared to the same month last year.
Meanwhile, total traded financial derivatives contracts at Eurex increased by 8 percent, from 138.2 million contracts in November 2019 to 149.5 million contracts in November this year.
European equity derivatives saw a fall of 27 percent year-on-year, European equity index derivatives and European equity interest rate derivative volumes were both up, the former by 32 percent compared to November 2019.
In the over-the-counter clearing area, a large rise in notional outstanding volumes was recorded, up 29 percent compared to November 2019.
According to Eurex, the volume of long-dated interest rate swaps cleared at Eurex rose to a new record average daily volume of €56.5 billion, a roughly four-fold increase over average volumes for the first nine months of 2020.
Elsewhere, Eurex Repo has recently added a new basket of green bonds for use as general collateral (GC) within its repo marketplace.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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