Eurex Repo reports 2020 volume boost
12 January 2021 Germany
Image: Alexandr_Mitiuc/adobe.stock.com
Eurex Repo chalked-up double-digit percentage growth in 2020 trading volumes compared to the year before, despite a significant volume drop-off in December.
Overall, the Deutsche Boerse-owned marketplace for secured funding and financing, saw term-adjusted volumes jump by 10 per cent year-on-year (YoY) in 2020
Activity in GC Pooling increased significantly at the onset of the COVID-19 related market turbulence, demonstrating the importance of these markets for banks’ liquidity management in times of market stress, Eurex says.
Average term-adjusted volume on Eurex GC Pooling for 2020 reached €71 billion, up from €67.6 in 2019.
Meanwhile, the Eurex Repo Market average volume hit €88.4 billion last year, compared to €77.4 billion in 2019, representing a 14 per cent YoY increase.
For December, average term-adjusted volume on Eurex Repo GC Pooling was €36.4 billion, down 35 per cent from the comparable period in 2019 when the Eurex saw an average volume of €56 billion.
The Repo Market also decreased 28 per cent, hitting €55.6 billion in December 2020, compared to €77.3 billion the year prior.
2020 also saw the launch of the first green bond general collateral basket – an initiative which Eurex says gives a clear signal regarding the ongoing development of the environmental, social and governance sector.
Overall, the Deutsche Boerse-owned marketplace for secured funding and financing, saw term-adjusted volumes jump by 10 per cent year-on-year (YoY) in 2020
Activity in GC Pooling increased significantly at the onset of the COVID-19 related market turbulence, demonstrating the importance of these markets for banks’ liquidity management in times of market stress, Eurex says.
Average term-adjusted volume on Eurex GC Pooling for 2020 reached €71 billion, up from €67.6 in 2019.
Meanwhile, the Eurex Repo Market average volume hit €88.4 billion last year, compared to €77.4 billion in 2019, representing a 14 per cent YoY increase.
For December, average term-adjusted volume on Eurex Repo GC Pooling was €36.4 billion, down 35 per cent from the comparable period in 2019 when the Eurex saw an average volume of €56 billion.
The Repo Market also decreased 28 per cent, hitting €55.6 billion in December 2020, compared to €77.3 billion the year prior.
2020 also saw the launch of the first green bond general collateral basket – an initiative which Eurex says gives a clear signal regarding the ongoing development of the environmental, social and governance sector.
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